Category: Bolsters
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El Salvador Ignores IMF, Bolsters Crypto Holdings
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In a dramatic gesture strengthening its position on Bitcoin, El Salvador has purchased 11 Bitcoin for its national reserves, which now stand at 6,044 units. This step comes in the wake of an agreement with the International Monetary Fund worth $1.4 billion, the terms of which include reducing some related…
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Crude oil edges higher as U.S. inflation reading bolsters rate cut hopes (NYSEARCA:USO)
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SlavkoSereda/iStock via Getty Images Crude oil futures rose for a second straight session on Thursday, as a weaker-than-expected reading on U.S. inflation was seen increasing the chances of a September interest rate cut by the Federal Reserve. The US government announced that the consumer price index fell. The U.S. inflation…
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EigenLayer Bolsters Security Amid Looming Threat, Here’s What to Know
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Special layerEiganDA, a popular decentralized infrastructure provider, has announced a significant improvement in the security of its EiganDA platform. The primary goal of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting whitelisting security mechanisms in place. EigenLayer’s EigenDA platform is undergoing…
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EigenLayer Bolsters Security Amid Looming Threat, Here’s What to Know
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Special layerEiganDA, a popular decentralized infrastructure provider, has announced a significant improvement in the security of its EiganDA platform. The primary goal of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting whitelisting security mechanisms in place. EigenLayer’s EigenDA platform is undergoing…
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Kraken Bolsters IPO Ambitions With Plans Of A Massive $100 Million Funding Injection
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US-based cryptocurrency exchange Kraken is reportedly considering a final funding round as it explores the possibility of an initial public offering (IPO), according to sources familiar with the matter. The stock exchange has received inquiries from potential investors amid the current rise in the stock market Digital assets market. Kraken…
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Visa Direct Integration Bolsters Nuvei’s Payment Offerings in Colombia
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Nuvei Corporation, a Canadian fintech company, has revealed its collaboration with Visa, a well-known figure in the digital payments space, to introduce Visa Direct in Colombia. Nuvei has become the first global payments provider to offer Visa Direct to its customers in the country. Transfer funds to the financial account…
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Bitcoin’s blitz above $66k bolsters altcoin gains
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Bitcoin posted one of its best trading days in nearly two months, spurring market sentiment and capital deployments. According to CoinMarketCap, six cryptocurrencies posted double-digit price gains, with Bitcoin (BTC) surpassing $66,000 in the past 24 hours and growing over 6% on May 15. At the time of publication, data…