Swiss cryptocurrency bank Seba has rebranded itself as Amina Bank to avoid confusion with SEB Bank in Sweden, with the new name derived from a term in biochemistry. Amina Bank aims to provide traditional, digital, and crypto banking services to its customers and has received regulatory approval to expand its services in the MENA region and Asia. The bank’s goal is to position itself as a reliable and secure provider of banking services in the digital asset space.
Allegations have emerged regarding Hamas’s involvement in insider trading of Israeli equities and the misuse of cryptocurrencies for financing terrorism, but concrete evidence to support these claims is currently lacking. While concerns over cryptocurrencies being exploited for terrorism financing persist, it is important to focus on curbing illicit activities without solely blaming a specific currency or asset.
Gods Unchained, a free-to-play Web3 card game on the Ethereum blockchain, has integrated with Amazon Prime Gaming, potentially reaching over 200 million players. Players can link their accounts to access exclusive in-game items and monthly rewards. The integration highlights the growing influence of blockchain-based gaming and showcases the potential of Web3 technologies in the industry.
The US Securities and Exchange Commission (SEC) has set an approval window for Bitcoin Exchange-Traded Fund (ETF) applications, sparking anticipation within the cryptocurrency community.
Bitcoin has reached a 19-month high due to various factors, including the anticipation of Bitcoin ETFs and current economic conditions, sparking panic buying and FOMO among traders. The increased buying pressure has led to a surge in the overall crypto market cap, surpassing $1.5 trillion. However, it is important to note that Bitcoin is still trading below its previous all-time high. The upcoming halving event and optimistic price forecasts also contribute to the positive sentiment surrounding Bitcoin.
Animoca Brands has partnered with Pixels to introduce a new feature for Moca ID holders, allowing them to earn and use Realm Points as unique in-game avatars, while also gaining access to additional benefits and rewards within the Mocaverse ecosystem.
IOTA 2.0 introduces advancements in its infrastructure, including the integration of the mempool within the Tangle, aiming to eliminate intermediaries and minimize the impact of Miner Extractable Value (MEV) within the DAG system.
The US Securities and Exchange Commission (SEC) is expected to make a decision on pending spot Bitcoin ETF applications between January 5 and 10, 2024, according to industry predictions.
Anatoly Yakovenko, co-founder of Solana, has distanced himself from the “Ethereum killer” slogan and expressed a belief in the potential for Solana and Ethereum to coexist and compete within the blockchain space, suggesting a more collaborative approach between the two platforms. However, Solana has faced controversies, legal issues, and allegations of selling unregistered securities, which have raised concerns and impacted its reputation. The recent price volatility and mixed trading signals highlight the need for caution when assessing Solana’s future trajectory.
Bitcoin experienced a significant surge over the weekend, reaching a record-high price of $40,000, but caution is advised due to overbought conditions and a decrease in trading volume. The positive outlook is driven by expectations of spot Bitcoin ETF approval and the upcoming halving event. Regulatory decisions regarding spot Bitcoin ETF applications are expected to be made in January, which could impact the cryptocurrency’s volatility.