Author: CryptoGap

VanEck, one of the leading asset management companies, announced the successful activation of the staking feature for the Solana exchange-traded note (ETN) launched in the European market. ETN, which has $73 million in assets under management (AUM), will now have staking rewards directly factored into token equity and reflected in the daily final value. Founded in Liechtenstein, the Solana ETN is a digital exchange-traded product designed to track the price of Solana (SOL). Staking rewards will be accrued and reinvested daily, allowing them to be included in the end-of-day net asset value (NAV), explained Mathew Sigel, VanEck’s Head of Digital…

Transak, the Miami-based fiat-to-crypto payment gateway used by leading platforms such as Metamask, Trust Wallet, Coinbase, and Ledger, announced today that it suffered a data breach affecting 1.14% of its user base. The breach, which affected around 57,000 users, was reportedly carried out by the notorious Stormous ransomware gang. Transak explained in a blog post that an attacker gained unauthorized access to an employee’s laptop through a sophisticated phishing attack. Using the compromised credentials, the attacker was able to infiltrate the system of a third-party KYC (Know Your Customer) vendor used by Transak for document scanning and verification services. The…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Emerging tokens are poised for growth in the evolving crypto landscape, with investors eyeing XYZ, a unique memecoin. As the cryptocurrency landscape continues to evolve, certain emerging tokens are poised for exceptional growth. Investors are closely monitoring altcoins that could offer substantial returns in a short timeframe. With market dynamics shifting rapidly, a handful of digital assets are attracting attention for their potential to deliver significant profits to forward-thinking participants.  Among these is XYZ, a unique memecoin blending sports…

Robinhood Crypto has added support for Solana crypto transfers for users in the European Union, according to an announcement. The platform announced on Oct. 21 that its customers in the EU can now transfer Solana (SOL) and earn a 1% deposit bonus. Notably, SOL transfers on Robinhood Crypto come a few weeks after the company rolled out crypto transfers for customers in Europe. With the feature, customers can deposit and withdraw over 20 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH) and USDC (USDC). All deposits attract a 1% bonus, with this offer available until November 30, 2024. Robinhood expands EU…

With less than 15 days left in Uptober, the uncertainty over the XRP price trajectory has led Ripple investors to look for alternative opportunities in the crypto market. Shiba Inu (SHIB) and ETFSwap (ETFS) have emerged as leading contenders, getting the attention of Ripple investors with their potential for 50,000% returns.  ETFSwap (ETFS) Gears Up for Major Price Growth ETFSwap has made crypto news headlines for its technological innovation and continually growing investments. This new DeFi platform seeks to bring exchange-traded funds to the blockchain. It will use tokenization and MiCa-regulated banks to make sure that legitimate securities back all…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investing just one dollar could turn into a million by 2025 with these five low-cost cryptocurrencies. Imagine investing just one dollar and seeing it multiply into a million by 2025. There are five low-cost cryptocurrencies that could turn this vision into reality. This article uncovers these digital assets with explosive potential. Don’t miss the chance to discover these possible game-changers in the crypto world. CYBRO presale soars past $3M: A one-in-a-million neobank investment opportunity CYBRO is capturing the attention…

Tel Aviv, Israel, October 21st, 2024, Chainwire Peersyst Technology is excited to introduce the XRP Ledger Snap, which has earned a place on Metamask’s Snap Directory. This allows Metamask’s millions of users to enjoy the benefits of XRPL and helps create a more interconnected and accessible blockchain environment. As a major contributor to the XRPL community, Peersyst is well-known for providing advanced blockchain solutions to protocols, multinational corporations, and public sector projects. Prioritizing security, Peersyst worked with Sayfer, a trusted leader in blockchain security audits, to ensure the highest security standards. How the XRP Ledger Snap by Peersyst Works The XRP Ledger…

Options traders are expecting more upside in Bitcoin as the US presidential election approaches. Speaking to The Block, Bitwise European Head of Research André Dragosch said that Bitcoin options traders are increasingly focusing on expiration prices above $80,000 for options expiring in November, ahead of the US elections and the Federal Reserve meeting. Because the increasing probability of Donald Trump winning the US elections has a positive effect on BTC and contributes to the rise. This causes traders to expect further increases. “This expectation comes as the market awaits two major events next month: the US presidential election on November…

Missing early investments can be discouraging, particularly when assets like Ethereum (ETH) have surged from humble beginnings. Yet, the ever-expanding crypto market consistently presents new opportunities for those seeking the next breakout success. FXGuys ($FXG), Solana (SOL), and Cardano (ADA) are emerging as top altcoin choices for investors who missed Ethereum at $100.  Each of these altcoins boasts unique features and advantages that could position them for explosive growth. Meanwhile, FXGuys combines the best of traditional finance (TradFi) with decentralized finance (DeFi) to create a revolutionary proprietary finance (PropFi) ecosystem. This innovative feature places it among the best altcoins to…

With Bitcoin sitting near $70K, is $100K the next stop? How will the U.S. election, ETF approvals, and market sentiment impact its future path? Bitcoin is bitcoining  Bitcoin (BTC) has been on an impressive bull run, gaining over 2% in the past week as the “Uptober” effect sweeps through the crypto market. As of Oct. 21, BTC is trading at $67,100—a level it hasn’t seen since late July, marking a 3-month high. In fact, BTC briefly touched $69,500 before retreating as bears stepped in to curb the rally. BTC 6-month price chart | Source: TradingView The market sentiment is shifting…