Robinhood Adds PENGU and POPCAT to Crypto Offerings in Expansion Effort

Robinhood, a popular stock and cryptocurrency trading platform, has recently added two meme-inspired cryptocurrencies to its lineup. The platform now supports Pengu and Popcat, two tokens that have gained popularity within the meme coin community. Pengu and Popcat are considered “memecoins,” a term used to describe cryptocurrencies that are created as a joke or based [...]

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Ankr adds RPC support for the Aptos blockchain

Ankr (ANKR/USD), a leading Web3 infrastructure provider, now providers RPC (Remote Procedure Call) to the Aptos, becoming the first RPC provider to bring this support to the scalable Layer-1 blockchain.

Ankr is offering a geo-distributed and decentralised Aptos RPC support, with multiple independent blockchain nodes spread across the world to allow for reliable connections with low-latency.

The support will see developers tap into the Aptos Testnet Community as well as Premium RPCs, with ease of access to request calls set to come with information returns reflecting the results developers would receive when running Aptos full nodes.

Aptos, which is has the backing of major crypto-focused venture firms such as Andreessen Horowitz, Coinbase Ventures, FTX Ventures, and Binance Labs, can now benefit from increased developer activity leveraging the Ankr product, the two firms said in a press release to Invezz.

Ankr’s Aptos Testnet RPC links the Aptos blockchain to wallets, command-line interfaces, and decentralised applications (dApps). The service thus acts as a blockchain router (or messenger), with on-chain information relayed across the ecosystem for the execution of key tasks such as network transactions, and populating of wallet balances.

The collaboration comes ahead of Aptos’ mainnet launch expected before the end of the year. In comment on the development, Ankr Head of Product Josh Neuroth said it’s the beginning of more product integrations that will drive developer activity and user demand as the mainnet draws closer. He noted in a statement:

 “Ankr is excited to be an early supporter of Aptos with an RPC that now makes it easy for all developers to start building on the ecosystem. This is just the beginning of Ankr’s products for the blockchain that will doubtlessly attract more demand ahead of the much-anticipated mainnet launch.”

Ankr plans to add support for additional features meant to boost Aptos’ Web3 developer community, with the new features and tools coming after the Aptos mainnet goes live.

With the Aptos partnership, Ankr’s RPC support is now available on 19 blockchain networks, including Ethereum, BNB Chain, Avalanche, Solana, and Polygon.

The post Ankr adds RPC support for the Aptos blockchain appeared first on Invezz.

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Cake DeFi adds access to liquidity with ETH staking

Cake DeFi, the most dynamically growing fintech firm, which is based in Singapore and provides seamless DeFi access, has launched Ethereum (ETH/USD) staking, Invezz learned from a press release. With this, Cake is offering a tradable token, which users can sell in the open market, ensuring additional access to liquidity.

After completing the Ethereum Merge, the Ethereum Mainnet transitioned to proof-of-stake. The main chain appropriated the “Beacon Chain” as a result. The main chain requires validators to stake their crypto assets into a deposit contract, which is long-term.

ETH can be locked on the blockchain, and investors get the chance to validate transactions and generate rewards in ETH. The Ethereum Mainnet does not support unstaking at the moment, and investors who want to unstake ETH will have to wait for the Shanghai upgrade around a year from now.

Cake DeFi CEO and Co-Founder Dr. Julian Hosp said:

Ether staking is the most recent addition to our beloved staking service. We chose to host our own nodes in Singapore. Ethereum nodes are currently concentrated in Europe and North America. Hosting them will promote decentralization and improve the confidence of developers and investors in the region. Many platforms and exchanges won’t offer ETH unstaking until the Shanghai upgrade, but the open market will help us provide liquidity to our ETH stakers.

With Cake’s new service, traders will get returns of around 5% a year. The platform will also auto-compound ETH staking every 12 hours to generate higher returns in comparison to non-compounded staking.

What’s more, people staking ETH on Cake DeFi will not have to wait for the Shanghai upgrade to unstake. They will be able to do so by trading a token on the open market.

The post Cake DeFi adds access to liquidity with ETH staking appeared first on Invezz.

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DeFiChain adds Johnson & Johnson, DAX ETF, Adidas, and Goldman Sachs dTokens

DeFiChain, the world’s leading blockchain built on the Bitcoin network, has added four new decentralized tokens (dTokens). The newly added dTokens are based on the Johnson & Johnson stock, the Global X DAX Germany ETF, the Adidas stock, and Goldman Sachs stock.

Besides having extra dTokens to trade, DeFiChain users will also be able to trade a dToken that is based on a German Exchange Traded Fund (ETF) – the Global X DAX Germany ETF – for the first time. The DAX ETF.

DeFiChain is the only blockchain that currently offers decentralized assets on the Bitcoin network and it is dedicated to bringing decentralized finance (DeFi) applications and services to everyone. It is continuously expanding the dToken space with dTokens based on different assets including stocks and ETFs as seen with the newly added tokens.

The newly added dToken shall be denoted as follows:

• $dJNJ – based on the Johnson & Johnson stock
• $dDAX – based on the Global X DAX Germany ETF
• $dADDYY – based on the Adidas AG – ADR stock
• $dGS – based on the Goldman Sachs Group Inc. stock

The four new dTokens shall give DeFiChain users price exposure to the underlying stocks and ETFs without any restrictions. The dTokens will however not give the users ownership, voting rights, dividends, or other benefits available to stockholders since they are not “securities” issued by a company or a large institution.

Unveiling the four new decentralized tokens, Benjamin Rauch, VP of Marketing DeFiChain Accelerator said:

“The more assets available on DeFiChain, the easier it is to take control of your investments in a decentralized way. Without any involvement of central instances.”

Besides minting the dTokens, users will also be able to buy dTokens on the DeFiChain DEX.

Besides the newly added dTokens, DeFiChain already offers dTokens corresponding to S&P 500, Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), Apple (NASDAQ:AAPL), Meta, GameStop, Alibaba, Nasdaq 100, Amazon, Netflix, and Microsoft among many other stocks and ETFs.

The dTokens can either be held as an investment, used for liquidity mining on the DeFiChain DEX, or traded on the DEX.

DeFiChain users mint dTokens by depositing USDC, BTC, dUSD, and DFI as collateral in the DeFiChain vault.

The post DeFiChain adds Johnson & Johnson, DAX ETF, Adidas, and Goldman Sachs dTokens appeared first on Invezz.

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SPELL up as Binance Loans adds token to collateral assets

Spell (SPELL/USD) is up more than 12% in the past 24 hours to currently trade at $0.0016. The gains have pushed the SPELL token up by 54% this past two weeks, and +46% in the past 30 days.

SPELL, which hit an all-time high of $0.035 in November 2021, has seen its intraday trading volume jump to $145,347,171 for a 24-hour increase of 375%.

While the Spell token jumped to a new weekly high, the crypto market has shed over 7% of its total market cap and Bitcoin (BTC/USD) has dropped 6.7% to prices near $21,600. Top altcoins are also trading lower amid a dip in market sentiment.

On Friday, Binance Loans announced it had added the SPELL token to its list of available collateral assets, adding it to other crypto loan collateral assets such as Bitcoin (BTC), Cardano (ADA), Algorand (ALGO), Dogecoin (DOGE) and Binance Coin (BNB) among others.

The addition means that customers of Binance Crypto Loans can now use SPELL as collateral to borrow any of the loanable assets on the platform.

According to Binance, customers can access loan terms starting at 7 days, with more available for repayment after 14, 30, 90 and 180 days. Maximum loanable limits depend on prevailing market conditions and on risk management principles.

Users can withdraw loans borrowed against their crypto assets, but they can also use the acquired assets on spot, margin, or futures trading. Another way to tap into the borrowed asset’s value is through staking.

SPELL, which is a reward and governance token in the lending ecosytem Abracadabra.money, is tradable on other major exchanges such as OKX, ByBit and MEXC.

The post SPELL up as Binance Loans adds token to collateral assets appeared first on Invezz.

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Wirex adds SEPA and Faster Payments for UK customers

Wirex, a UK-based crypto platform has introduced support for SEPA Instant and Faster Payments, allowing its UK and EEA (European Economic Area) customers access to two new methods to easily deposit to or withdraw from their accounts using GBP and EUR.

According to the platform, the additional top up methods complements the existing credit/debit card use. However, with the SEPA (Single Euro Payments Area) Instant and Faster Payments features, customers have more flexibility and will benefit from instant and no-cost transfers to the Wirex accounts or bank.

Wirex plans to add support for Plaid, another popular deposit and withdrawal method used across the EEA, UK, and US.

With the Wirex app supporting SEPA Instant and Faster Payments, customers have another avenue to make instant transfers, topping up their accounts and wallets to buy crypto.

Users can hold the crypto assets or use the intuitive app to exchange/sell. The app also allows customers to spend directly at more than 80 million locations where the Wirex Mastercard is accepted.

Pavel Matveev and Dmitry Lazarichev co-founded Wirex in 2014, the core objective being to make access to crypto and its use in daily life easy.

The platform, which currently offers its services across 130 countries, serves more than 5 million users. It provides access to over 150 crypto and traditional currencies and has a Wirex card, wallet, and utility token WXT.Earlier this year, Wirex announced integration with Avalanche (AVAX/USD), allowing millions of its customers to access the blockchain ecosystem via the Wirex Wallet and app.

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Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions – Mining Bitcoin News

The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring session. Updated Law ‘On Digital Currency’ Filed With Russian Government Russia’s Ministry of Finance […]

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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets – Mining Bitcoin News

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. […]

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KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury – Featured Bitcoin News

KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional adoption of crypto assets and blockchain technology will continue to grow and become a regular part of the asset mix.” Bitcoin and Ether on Balance Sheet […]

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SiennaSwap adds Bitcoin, Monero trading pairs in push for privacy-focused DeFi

Cross-chain DeFi protocol Sienna Network has enabled Bitcoin (BTC) and Monero (XMR) trading pairs on its decentralized exchange, giving users the ability to transact privately in two of the world’s most recognizable cryptocurrencies.  Effective immediately, users of the privacy-focused SiennaSwap DEX will have the ability to trade BTC and XMR against the protocol’s native Sienna […]

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Crypto Flipsider News – Grayscale Adds SOL and UNI, Bitcoin Hashrate Rises, BTC Bulls Ignore China Ban, Cardano Traders’ Issues in Japan, Mysterious Whale Buys 276B SHIB

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Continue reading Crypto Flipsider News – Grayscale Adds SOL and UNI, Bitcoin Hashrate Rises, BTC Bulls Ignore China Ban, Cardano Traders’ Issues in Japan, Mysterious Whale Buys 276B SHIB at DailyCoin.com.

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New Listing Alert: MEMX Exchange Adds 21Shares XRP ETF to Its Platform

MEMX Exchange, a top-tier stock exchange, has officially submitted an application to list the 21Shares XRP Exchange Traded Product (ETP) Commodity Trust. This move marks a significant milestone in the world of cryptocurrency trading, as the 21Shares XRP ETP is set to become one of the first of its kind to be available for trading [...]

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