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Showing posts with the label support

ZK-Proof Blockchain Altcoin Lagrange (LA) Lifts Off Following Announcement of New Coinbase Support

A zero-knowledge (ZK) proof altcoin is skyrocketing after gaining support from the top US-based crypto exchange platform, Coinbase. In a new announcement, Coinbase says it is adding Lagrange (LA) to its suite of products with an experimental label designated for low-liquidity tokens. “Lagrange is now live on [Coinbase] in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” After the announcement, LA surged from a price of $0.253 on June 4th to a peak of $1.50 just a day later, a staggering 216% gain during the last 24 hours. According to its official website, Lagrange aims to enhance blockchain utility by providing an efficient platform for generating zero-knowledge (ZK) proofs, which can be verified as true without revealing the underlying information. “Lagrange’s ZK Prover Network is the foundational layer that offers universal proof ...

Nishad Singh receives FTX chief’s support ahead of today’s sentencing

Nishad Singh receives FTX chief’s support ahead of today’s sentencing Former FTX executive Nishad Singh has received a letter of support from FTX bankruptcy CEO John J. Ray III ahead of his sentencing for his part in the collapsed exchange’s theft of $8 billion in customer funds. That’s according to Inner City Press and Matthew Russell Lee who shared the letter last night. The letter, addressed to Judge Lewis Kaplan, highlights Singh’s cooperation with debtors, from returning Bahamian real estate that was purchased with debtors’ funds to providing documents and answering questions while under investigation.  According to the letter, a final settlement between Singh and debtors is in the works. Singh will be required to turn over “all of his remaining assets after satisfying his forfeiture obligations,” testify as needed, and “voluntarily provide documents and information, reviewing and clarifying documents, locating and retrieving assets, an...

Brace for a breakout: Solana key support and resistance levels to watch

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Solana (SOL) is poised for more aggressive moves once it breaks out from its current consolidation period. On that note, there are key support and resistance levels that Solana investors and traders should watch moving forward. Technical analysis on the SOL/USD daily price chart shows Solana trading at $159 without a clear direction. This is slightly below the 30-day exponential moving average of $162, another key level to watch for both support and resistance insights. Notably, the most popular Ethereum (ETH) competitor has kept a 2-month price range between $138 and $175. These make key support and resistance levels for Solana, although four deviations occurred—three downwards and one upwards. Picks for you ChatGPT-4o predicts Bitcoin price as U.S. CPI inflation cools 1 hour ago ...

Kraken considers ending USDT support in the EU

Kraken is reportedly considering pulling support for the stablecoin USDT in Europe. The exchange’s plans come amid the push for compliance ahead of EU’s crypto regulations MiCA. Crypto exchange OKX ended its USDT trading support in the EU in March. Kraken is considering a move that would see the crypto exchange end its support for the Tether (USDT) stablecoin in Europe. A Bloomberg report published on Friday, May 17, noted that the crypto exchange was “actively reviewing” this position. Kraken eying USDT delisting ahead of EU’s MiCA rules According to the report, Kraken is looking at ending USDT support for the market ahead of the region’s Markets in Crypto-Assets (MiCA) regulation roll out date. The delisting of USDT for the exchange’s EU users is part of the compliance procedure. Crypto exchanges and other providers with operations in the EU know that MiCA’s stablecoin rules are set to come into effec...

XRP momentum drops as supporters consider ROE for portfolio diversification

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In the ever-evolving crypto world, investors are constantly looking for the next best crypto to invest in. In recent days, XRP, the native token of the XRP Ledger (XRPL), has been wavy, edging lower. As such, some supporters have been exploring alternatives of which Borroe Finance (ROE) has been center stage. XRP’s Momentum Concerns XRP, often touted as one of the top crypto coins, is being actively monitored. However, in recent times, its momentum has been fizzling. While it’s important to remember that crypto markets are inherently volatile, some XRP investors are also looking to diversify their portfolios further. You might also like: Reasons why investors are watching Borroe in August 2023 As the crypto landscape expands and evolves, it’s natural for investors to seek out trending non-fungible tokens (NFTs) and top crypto coins that align with their investment goals. This quest for diversity has led some XRP supporters to explore Borroe Finance and i...