Pinalawak ng SBI Remit ang Ripple Partnership para Pahusayin ang mga International Remittances sa Japan

SBI Remit, a longtime Ripple partner, has increased its presence in Japan. The parent firm of SBI Remit, SBI Group, revealed on Thursday that SBI Remit has teamed up with Japans Shonan Shinkin Bank to offer an international remittance service.  This partnership between SBI Remit and Shonan Shinkin Bank aims to provide a convenient and efficient solution for international employees in Japan who need to transfer money abroad. By leveraging the expertise and network of both institutions, this service will help meet the growing demand for international remittances in the country.  Establishment in the Kanagawa Prefecture  The most recent agreement between SBI Remit and Shonan Shinkin Bank, on the other hand, is focused on facilitating remittances sent by overseas employees. According to the official statement, there has been a significant increase in the need for foreign workers in the areas where Shonan Shinkin Bank does business, notably in the developed Kanagawa Prefecture region.  Kanagawa Prefecture is Japan‘s fourth-biggest area with foreign workers, with a record number of employees. The expanding number of firms opening in the region, as well as the acceptance demands of international employees, make Shonan Shinkin Bank’s relationship with SBI Remit suitable.  SBI Remit and Shonan Shinkin Bank will collaborate on “the

2023-09-30Industriya

Ginamit ng BIS ang Ethereum Testnet At Code ng Curve Finance Sa CBDC Pilot

Ethereum  Ginamit ng BIS ang Ethereum Testnet At Code ng Curve Finance Sa CBDC Pilot  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Talaan ng nilalaman  A developer has revealed that the Bank of International Settlements (BIS) reportedly used the Ethereum Sepolia testnet and Curve Finances smart contracts as the base for Project Mariana, its CBDC pilot.  This comes after BIS chief Agustin Carstens stated that countries must set up legal frameworks for CBDCs.  Project Mariana Used Ethereum Testnet And Curve Finance Code  Project Mariana‘s goal was to explore the application of Central Bank Digital Currencies (CBDCs) to enhance the efficiency and security of cross-border payments. The Bank of France confirmed the project’s successful conclusion.  With the project ending, a developer has revealed that the Bank of International Settlements used Ethereum‘s Sepolia testnet and Curve Finance’s smart contracts as the projects base. Both were used to test the efficacy of the cross-border forex automated market maker pilot.  The successful conclusion came after the general manager for the Bank of International Settlements (BIS), Agustin Carstens, stated that countries must set up legal frameworks to facilitate the deployment of CBDCs. A paper by the International Monetary Fund (IMF) stated that around 80% of banks are not allowed to issue a CBDC

2023-09-30Ethereum

Ethereum Price Registers Breakout But Lacks Momentum, $1,620 Is The Key

Ethereum  Ethereum Price Registers Breakout But Lacks Momentum, $1,620 Is The Key  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is attempting a fresh increase above the $1,620 level.  Ang presyo ay nakikipagkalakalan sa itaas ng $1,620 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing linya ng trend ng bullish na bumubuo na may suporta malapit sa $ 1,645 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  Maaaring patuloy na tumaas ang pares kung aalisin nito ang $1,670 resistance zone.  Tumaas ang Presyo ng Ethereum  Ethereums price formed a base above the $1,580 level. ETH remained stable and climbed above the $1,620 resistance zone to move into a positive zone, like Bitcoin.  There was a move above the $1,650 level but upsides were limited. A high was formed near $1,667 and there was a minor downside correction. The price is now trading near the 23.6% Fib retracement level of the upward move from the $1,583 swing low to the $1,667 high.  Ethereum is trading above $1,640 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $1,645 on the hourly chart of ETH/USD.  Pinagmulan: ETHUSD sa TradingView.com  On the upside, the price might face resistance

2023-09-29Ethereum

Ethereum (ETH) Boosts Altcoin Sell-off as Liquidations Hit New High

crypto Ethereum  Ethereum (ETH) Boosts Altcoin Sell-off as Liquidations Hit New High  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Godfrey Benjamin  Crypto liquidation deepens, with Ethereums bearish impressions weighing on top altcoins  Current liquidation data has signaled a new correlation on Ethereum (ETH), which is impacting the growth performance of altcoins on the market today. Data from Coinglass shows that a total of $16.71 million worth of Ethereum has been drained from the options market in the past 24 hours.  The liquidation data models related a bearish slump on Bitcoin, whose liquidations have also topped $18.86 million overnight. The general bearish outlook of Ethereum had a profound effect on the altcoins in the market today. The data and its impact have dragged the price of Ethereum to $1,600, down by 0.97% in the past 24 hours.  This drag is also reflected in the current price of XRP, which is down by 2.67% to $0.5013. Cardano (ADA), Solana (SOL) and Dogecoin (DOGE) are also down by 0.66%, 1.70% and 0.13%, respectively. The liquidation chart underscores similar trends over time, wherein the performance of BTC and ETH weighs accompanying altcoins across the board.  According to the current liquidation heatmap from CoinGlass, there is certainty that Ethereum will be hitting

2023-09-29Ethereum

Devnet, testnet, mainnet: Ang susunod na pag-upgrade ng Ethereum ay umuusad — dahan-dahan

Ethereum  Devnet, testnet, mainnet: Ang susunod na pag-upgrade ng Ethereum ay umuusad — dahan-dahan  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Say hello to Holešky, a new Ethereum testnet that successfully went live today after a configuration problem prevented the network from launching two weeks ago on the 1-year anniversary of the Merge.  Holešky is intended to replace Ethereum‘s Goerli testnet — Ethereum’s validator and staking-focused testnet — which will be retired in 2024.  A minor bug reported on todays all-core-developers call, affecting some Prysm Ethereum clients, was not enough to derail the launch, according to Barnabas Busa, a software engineer at the Ethereum Foundation. Validator participation has been climbing in the hours since, Busa said, expected to reach 90% by Friday.  Goerli is still expected to be used for the Dencun upgrade, featuring EIP-4844, on its way to mainnet release.  But before that step, the upgrade has been running a gauntlet of developer networks — or devnets.  Core developers discussed the imminent launch of Devnet-9, which will debut “Friday or early next week” according to project coordinator Tim Beiko. Thats slightly delayed from the planned Sept. 27 start date projected on the previous developer call.  The Dencun upgrade initially aimed for a hard fork date in the

2023-09-29Ethereum

Valkyrie Ethereum Futures ETF Receives U.S. SEC Approval To Launch Next Week

Ethereum  Valkyrie Ethereum Futures ETF Receives U.S. SEC Approval To Launch Next Week  18 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Ayon sa , the Securities and Exchange Commission (SEC) has given the green light to Valkyrie, allowing the conversion of its existing Bitcoin futures ETF into a Bitcoin and Ethereum futures ETF. Effective October 3rd, the newly rebranded “Valkyrie Bitcoin and Ethereum Strategy ETF,” retaining its code as BTF, is set to debut on Monday.SEC Greenlights Valkyrie Ethereum Futures ETF  This groundbreaking move makes Valkyrie the first ETF provider in the United States to offer simultaneous exposure to both Ether and Bitcoin futures contracts within a single fund. The transformation comes as the Valkyrie Bitcoin Strategy ETF has gradually increased its involvement in Ether futures contracts, marking a significant shift from its previous Bitcoin-only focus.  Valkyrie Ethereum futures ETF, which was originally centered on Bitcoin futures, swiftly filed for conversion to this dual-exposure fund. This strategic maneuver allowed Valkyrie to outpace competitors who had initiated filings for entirely new funds following a similar investment approach.  Valkyrie Pioneers Dual-Exposure ETF in the US Crypto Market  Notably, the Valkyrie Ethereum Futures ETF gained approval ahead of others due to its comprehensive prospectus that incorporated updated risk disclosures related

2023-09-29Ethereum

Tether Uplifts Crypto World with 750M USDT Swap from Tron to Ethereum

crypto Ethereum  Tether Uplifts Crypto World with 750M USDT Swap from Tron to Ethereum  Balita ng Ethereum ng Bitcoin  In an exciting twist of events, Tether, the highly-regarded stablecoin company, has disclosed its plan to collaborate with a third-party exchange to facilitate a major chain swap. Tether is transferring an enormous sum of 750 million USDT from Tron TRC 20 to Ethereum ERC20. This mega-switch doesnt affect the total supply of USDT, ensuring the smooth transition of assets, as stated by the firm.  The concept of chain swapping essentially refers to the transfer of digital currencies from one blockchain to another. Such a move broadens the horizon for traders, granting them entry to diverse blockchains that support their held cryptocurrency. Ultimately, this offers traders more options to utilize their digital assets on different supportive blockchains.  Billion-Dollar USDT Mint on Ethereum in Progress  The chain swap announcement comes close on the heels of Tether‘s fresh creation of $1 billion worth of USDT on the Ethereum blockchain on Monday. Tether’s esteemed Chief Technology Officer, Paolo Ardoino, elucidated on Twitter about the latest billion-dollar creation being a significant part of the firm‘s inventory replenishment on the Ethereum Network. This transaction, although authorized, is “not issued”, implying it’ll be used

2023-09-29Ethereum

$80 Billion Asset Manager VanEck Prepares For Ethereum Futures ETF Following SEC’s Delay

Ethereum  $80 Billion Asset Manager VanEck Prepares For Ethereum Futures ETF Following SECs Delay  Balita ng Ethereum ng Bitcoin  Currently, the race to establish dominance in the ETF (Exchange Traded Fund) space is heating up. One of the most notable names in the asset management sector, VanEck, is making headlines once again. With a massive $80 billion under its management, VanEck is preparing to launch an Ethereum Futures ETF. This move comes as a surprise to many, especially given the recent delay by the U.S. Securities and Exchange Commission (SEC) in its decision-making process regarding spot Ethereum ETFs.  VanEck Dodges SECs Delay  In a significant move, VanEck, the asset management giant with $77.8 billion under its belt, has announced its plans to introduce an Ethereum futures exchange-traded fund (ETF). Named the VanEck Ethereum Strategy ETF (EFUT), this fund is set to accelerate VanEcks dominance in the crypto market.  According to the firms recent statement, the EFUT will primarily invest in standardized, cash-settled ETH futures contracts. These contracts will be traded on commodity exchanges that are duly registered with the Commodity Futures Trading Commission (CFTC)  The Ethereum Strategy ETF will find its listing on the CBOE. This move follows in the footsteps of the firms previous successful venture,

2023-09-29Ethereum

US SEC Nod Ethereum Futures ETF Before Government Shutdown

Ethereum  US SEC Nod Ethereum Futures ETF Before Government Shutdown  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ahead of the potential US government shutdown, the U.S. Securities and Exchange Commission (SEC) is reportedly accelerating the launch of the Exchange-Traded Funds (ETF). If things go as planned, the Valkyrie Bitcoin and Ether ETF could be launched by next week, according to Bloomberg analysts.  Gayundin Basahin: Ang Bitcoin ETF Application ni Franklin Templeton ay Nakakuha ng SEC Nod  Valkyrie Bitcoin and Ether ETF Launch  Earlier, Bloomberg analysts Eric Balchunas and James Seyffart reported that the Ethereum Futures ETFs have a 90% chance of launching in October 2023. They also hinulaang that Valkyrie Bitcoin futures ETF ($BTF) is set to become the first to hold Ethereum exposure on October 3, 2023. Earlier, CoinGape reported that Valkyrie submitted a Form 497 with a plan to convert BTF into a dual Bitcoin and Ether Exchange-Traded Fund.  In a latest, analyst Balchunas naglalagay that in the context of the potential US government shutdown, the US SEC wants to accelerate the launch of the Ethereum futures ETFs. This could be a move targeted at finishing the job before a vast majority of the SEC staff become unavailable if the shutdown kicks in.  “Hearing the

2023-09-29Ethereum

Ang $3 bilyong layer-2 treasury na ito ay 6x na mas mayaman kaysa sa Ethereum Foundation

Ethereum  Ang $3 bilyong layer-2 treasury na ito ay 6x na mas mayaman kaysa sa Ethereum Foundation  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Many Web3 projects have seen their treasuries being slowly drained in this extended bear market. With investors‘ interests cooling off, net capital vanishing from holders’ hands, and private funding reaching its lowest levels since early 2020.  However, the Mantle Protocol was able to accrue over $3 billion in its treasury, being the richest among all others, including the Ethereum Foundation, with $512 million — according to data retrieved by Finbold on September 28, from .  Protocol Treasuries: Mantle Treasury and Ethereum Foundation. Source:  Notably, while the Ethereum Foundation is mostly holding Ethereum (ETH), Mantle has a more diversified Treasury, from which DefiLlama classifies as:  Majors (BTC, ETH): $440.83 million  Own Tokens (BIT): $1.19 billion  Others (MNT, USDC, USDT, etc.): $1.15 billion  Total excluded own tokens: $1.83 billion  Total treasury: $3.02 billion  Mantle Treasury (BIT) chart. Source: What is the Mantle Protocol?  Despite being associated with the BitDAO (BIT) token by , the Mantle Network has Mantle (MNT) as its native token used for governance, on-chain fees, and staking rewards. Nevertheless, the association occurs due to the network being incubated by the BitDAO community.  Interestingly, the Mantle Network is described

2023-09-28Ethereum
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