Ripple partner SBI Holdings’ arm has recently seized an important deal with hacked crypto exchange DMM Bitcoin, to help its users recover funds. SBI VC Trade said that the exchange’s customers will have their accounts ready by March 2025 following the transfer of custody assets. Also, the crypto trading platform expands spot crypto trading offerings for its customers. Ripple Partner SBI to Help DMM Bitcoin Users In a major relief to the users of hacked crypto exchange DMM Bitcoin, Ripple’s partner SBI announced a fresh deal with the company. The announcement notes that by March 8, 2025, SBI VC Trade will transfer the customer accounts and custody assets of DMM Bitcoin users to its own platform. Thus, users don’t need to open a separate account with SBI. Following the $320 million breach of DMM’s crypto wallets, the exchange has been unsuccessful in recovering customer’s funds. Earlier this month, the exchange announced that it would liquidate and transfer the customers over to SBI. Now, SBI VC Trade is willing to offer a helping hand to DMM Bitcoin customers. As a result, the Ripple partner will introduce 14 crypto products that are currently handled by DMM but not by SBI. However, SBI cleared that crypto-to-crypto trading pairs, such as ETH/BTC, are not part of their planner offerings. Additionally, SBI VC Trade clarified that leveraged trading would not be part of the transfer, and unsettled leveraged trading positions would remain ineligible for migration. There are no immediate plans to introduce leveraged trading pairs available on DMM Bitcoin at this time. North Korea Behind the Hack, Says FBI Crypto exchange DMM reported a major hack earlier this year in May, in a security breach of servers, wherein hackers stole 4,500 Bitcoins worth $320 million back then. DMM assured its customers that it would fully compensate for the losses and restore their accounts. As a result, Ripple partner SBI is now working with DMM on this matter. During the investigation in the following months, America’s Federal Bureau of Investigation (FBI) revealed that North Korean hackers linked to the crime group TraderTraitor were behind this hack. FBI investigation shows that a North Korean threat actor posed as a recruiter on LinkedIn while targeting an employee of DMM Bitcoin. This employee was responsible for maintaining the company’s wallet management system. As part of the pre-employment test, the attacker sent a malicious link which the employee unknowingly uploaded to their GitHub page. The threat actor then exploited this vulnerability later, reported the FBI. In a recent development, the US Treasury Department dismantled a North Korean cryptocurrency laundering scheme, by sanctioning a UAE-based exchange, used to launder millions of dollars. North Korea’s Lazarus Group is popular for conducting all the crypto-hacking activities with top crypto exchanges like Upbit also falling victim to it. The post Ripple Partner SBI Acquires DMM Bitcoin Assets, Expands Crypto Trading Options appeared first on CoinGape .
The post Japan Rejects Bitcoin Reserves as Global Discussions Heat Up appeared first on Coinpedia Fintech News Bitcoin’s year-end rise to $100K has created a huge storm in the earlier stagnant market. With massive potential, the countries globally are planning to tap this trillion-dollar industry to support their economy. Japan’s Cautious Response While the market is bullish in the long term, the Japanese government has officially responded to the idea of holding Bitcoin as part of its national reserves , taking a cautious approach. This came after Senator Hamada Satoshi suggested that Japan should consider following in the footsteps of countries like the U.S. and others, which are reportedly exploring the idea of strategic Bitcoin reserves. Hamada believes that incorporating Bitcoin could strengthen Japan’s economy and act as a safeguard against potential financial risks. The government clarified that it currently has no detailed understanding of similar developments in other countries and pointed out that discussions about Bitcoin reserves are still in their early stages. They explained that the legal framework governing Japan’s foreign exchange reserves prioritizes safety and stability, which are not characteristics typically associated with volatile assets like Bitcoin. In simple terms, the government doesn’t see Bitcoin fitting into its current system, which is focused on maintaining steady foreign currency reserves. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Russia Turns to Bitcoin to Fight Sanctions , Global Interest in Bitcoin Reserves This cautious approach comes as other regions are also debating the role of Bitcoin in national financial strategies. In the U.S., Federal Reserve Chairman Jerome Powell recently stated that the Federal Reserve cannot hold Bitcoin . However, on a global scale political leaders, including President-elect Donald Trump and Republican lawmakers, are pushing for the adoption of a strategic Bitcoin reserve. In Europe, MEP Sara Knafo urged the EU to adopt Bitcoin reserves , opposing a digital euro. She highlighted Bitcoin’s decentralization as a defense against authoritarian overreach. NON à l’euro numérique OUI à une réserve nationale stratégique de BITCOIN pic.twitter.com/o886lk9uV8 — Sarah Knafo (@knafo_sarah) December 16, 2024 While Japan is restricting innovation other nations are planning to add Bitcoin as a strategic reserve to support innovation. It will be interesting to see if Japan joins the trend or not. With Trump’s aggressive planning to become the top leader in Bitcoin , it will be a challenge for other countries to enter the game later. 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The government of Japan has clarified its unwillingness to include Bitcoin in its foreign exchange reserves in response to Hamada Satoshi’s question. According to a report by Coinpost , Prime Minister Ishiba Shigeru issued an official statement on 20th December in response to Senator (Rassho) Hamada Satoshi’s question. The government admitted it doesn’t have detailed information on how other nations will adopt Bitcoin into national reserves as these discussions are still in their early stages. Earlier this month, on December 11th, Senator Hamada proposed that Japan consider joining other countries in turning part of its foreign exchange reserves into Bitcoin. The government, however, submitted its reply, pointing out that crypto-assets do not conform to the current legal definition of foreign exchange. Moreover, Japan’s reserves aim to stabilize foreign currency-denominated assets and bond markets. Japan remains cautious about keeping Bitcoin in the national reserve Japan’s top priorities are safety and liquidity, which means its stance on Bitcoin’s price swings does not match that. At a time when an increasing consensus is gaining steam within and outside of Japan over whether to put crypto assets into national reserves, Ishiba’s response is cautious. Meanwhile, in the United States, Federal Reserve Chairman Jerome Powell recently said that the Fed cannot hold Bitcoin, but President-elect Trump and some Republican lawmakers want a strategic Bitcoin reserve. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Cryptocurrency presales are like the early access deals of the digital world—where savvy investors spot a gem and lock it in at bargain prices. They promise not only wild community spirit but also jaw-dropping profits when they hit the mainstream. But which presales are worth your hard-earned cash right now? Buckle up, because we’ve rounded up the six top crypto presales to buy that are making waves today—and spoiler alert: the first one is packing a festive 50% discount you don’t want to miss. Let’s talk about the star of the show: BTFD Coin. It’s already turning heads in the crypto space with a presale performance that’s more fire than an end-of-year clearance sale. With over $4.5 million raised until this moment, this meme coin embodies the “Buy The Dip” ethos. Right now, you can grab $BTFD at 50% off by using the code BIG50 . Inspired by the gutsy moves of investors during the 1973 market crash, this discount is your chance to channel that same energy—scoop up the dip and ride the inevitable surge to glory. Let’s dive into why BTFD Coin and five other meme coins deserve your attention this season. 1. BTFD Coin – The Dip You’ll Never Regret Buying BTFD Coin, short for “Buy The Dip,” is more than a meme; it’s a rallying cry for smart investors who know how to play the market. Built on Ethereum for maximum scalability, security, and compatibility, BTFD Coin stands out with its high APY staking rewards, a unique Play-to-Earn (P2E) game, and a roadmap packed with community-focused initiatives. What truly sets $BTFD apart is its community—the Bulls Squad, featuring quirky mascots like Baby Bull and Raging Bull, who embody the bullish spirit of the project. Add to that a four-level P2E game where you can earn convertible rewards, and you’ve got more than just a coin—you’ve got a movement. Now, let’s talk numbers. Right now, $BTFD is in its presale stage at $0.000064 per token. By investing $800, you’d snag approximately 12,500,000 BTFD Coins. If the coin reaches its predicted post-launch value of $0.0006, your investment could balloon to $7,500. ] Just don’t forget to apply the code BIG50 at checkout for that sweet 50% discount, effectively positioning yourself for even greater gains! Why this meme coin made it to this list: BTFD Coin combines a killer concept, robust ecosystem, and jaw-dropping presale incentives like the festive discount. This coin isn’t just about catching dips; it’s about soaring heights too. 2. Gigachad – The Meme Lord’s Paradise Gigachad is the crypto embodiment of meme culture. With a slick black-and-white aesthetic and a reputation for “alpha energy,” this coin celebrates everything from gym bros to internet dominance. Powered by its loyal fanbase, Gigachad plans to dominate the meme coin space with a no-nonsense approach to community-driven growth and limited-edition NFT releases. The project’s roadmap includes partnerships with influencers, a Gigachad merch line, and an upcoming DAO that lets holders vote on future initiatives. If you’re looking for a coin with charisma and purpose, Gigachad flexes harder than most. Why this meme coin made it to this list: Gigachad is a perfect storm of internet culture, NFT integration, and community strength. 3. Cheems – The Shiba Inu’s Underrated Rival Building on the legacy of Shiba Inu and Dogecoin, Cheems brings an added layer of fun with its clever branding and upcoming decentralised game. What’s exciting about Cheems is its long-term vision. With its focus on real-world applications like charity partnerships and P2E gaming, Cheems is expanding the horizons of what meme coins can achieve. Why this meme coin made it to this list: Cheems captures the best of nostalgia and innovation. Its playful approach coupled with a solid roadmap makes it a worthy contender. 4. Osaka Protocol – A Coin on the Rise Osaka Protocol stands out in the meme coin universe by blending humour with high tech. The coin’s quirky branding is backed by a solid technical framework. With a deflationary token model, staking opportunities, and transparency at its core, Osaka Protocol is more than just a meme—it’s a mission. Why this meme coin made it to this list: Osaka Protocol combines meme-worthy marketing with a strong sense of technical advancement. It’s the coin for the future. 5. COQ Inu – The Rooster Ruling the Roost COQ Inu is here to ruffle some feathers. This cheeky rooster-themed coin is all about standing out in the crowded meme coin coop. With its P2E farming game and ambitious plans for decentralised finance integration, COQ Inu is proving it’s not just fluff. The coin’s community is fiercely loyal, and its limited token supply ensures scarcity. Expect exciting airdrops and seasonal NFT collections that keep investors engaged year-round. Why this meme coin made it to this list: COQ Inu is unapologetically bold and brilliantly strategic, making it a must-watch in the meme coin market. 6. Simon’s Cat – Purr-fectly Adorable Crypto Inspired by the popular animated series, Simon’s Cat takes the internet’s love for felines and turns it into a thriving meme coin project. With a focus on sustainability and playful branding, this coin has captured the hearts of crypto enthusiasts and cat lovers alike. Simon’s Cat already has a game that integrates tokens as in-game currency, offering rewards to players. Add to that its eco-friendly initiatives, and you’ve got a coin that’s as responsible as it is adorable. Why this meme coin made it to this list: Simon’s Cat blends cuteness, community, and sustainability into one irresistible package. How to Use the BIG50 Code to Unlock the Festive 50% Discount on BTFD Coin Ready to snag some discounted $BTFD? Here’s how to do it: Visit the Presale Page . Connect Your Wallet: Select your wallet (like MetaMask or Trust Wallet) and connect it. Enter the BIG50 Code: Find the bonus code field, type in BIG50 , and hit “Apply.” Specify Purchase Details: Enter how much $BTFD you want to buy and check out your discounted price. Confirm Your Purchase: Click “Buy Now,” approve the transaction in your wallet, and voilà—you’re in the game! Conclusion: Don’t Miss BTFD Coin’s Festive 50% Discount If you’re hunting for the top crypto presales to buy, BTFD Coin is leading the pack with its stellar presale performance, innovative features, and that incredible BIG50 discount. History favours the bold—just like in 1973 when those who bought the dip reaped massive rewards. Now’s your chance to channel that energy and secure your slice of the meme coin revolution. Don’t let this opportunity pass you by. Visit the BTFD Coin presale page , grab your discounted $BTFD, and prepare for a bullish future. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
The post FixedFloat Launches FixedFloatBot on Telegram to Simplify Crypto Trading appeared first on Coinpedia Fintech News FixedFloat, a leading cryptocurrency exchange recognized for its user-friendly interface and Lightning Network integration, has unveiled its latest innovation: the FixedFloatBot on Telegram. The bot provides a convenient way for users to create orders, access order information, and manage their crypto transactions directly within Telegram. Additionally, the Telegram bot allows users to complete exchanges in a few simple steps, track their transaction history, and save order details for future reference. With this launch, FixedFloat brings users a new level of convenience, allowing them to create orders and track transaction history without leaving the app. This seamless integration offers a straightforward and secure way to exchange cryptocurrencies, reflecting FixedFloat’s commitment to simplifying crypto trading while maintaining transparency and security. FixedFloat Stand Leading Innovation in Crypto Market FixedFloat was founded in 2018 with the vision of creating an automated cryptocurrency exchange that prioritizes speed, simplicity, and affordability. Over the years, the platform has built a strong reputation for its innovative features and commitment to user satisfaction. Among the key features that set FixedFloat apart include 24/7 Customer Support: A dedicated team ensures round-the-clock assistance for any queries or concerns. FixedFloat customer support is the most important feature of the platform, supporting customers to have seamless trading experience. Favorable Exchange Rates: FixedFloat offers users the flexibility of choosing between fixed and floating exchange rates, which empowers them to strategize for maximum profitability. Transparent Pricing: With no hidden charges, users can trade confidently, knowing they are getting fair and upfront pricing. Privacy-First Approach: Unlike many other platforms, FixedFloat does not require users to register or complete Know Your Customer (KYC) verifications, ensuring privacy and ease of use. Lightning Network Integration: FixedFloat leverages the Lightning Network to facilitate faster Bitcoin transactions at significantly reduced costs. A diverse portfolio of 68 supported cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), and Solana (SOL). 1 million+ Orders Completed As of 2024, FixedFloat has achieved remarkable milestones, which include: 1 million+ orders completed. 1,000+ regular daily customers. 5,000+ new users daily. As part of its roadmap, the company is working on a mobile application to further enhance user accessibility. With a track record of innovation and customer-centricity, FixedFloat is well-positioned to continue providing cutting-edge solutions in the crypto market. User-Friendly Interface Using FixedFloat is straightforward, making it an excellent choice for both crypto beginners and experts. The platform’s interface is designed to simplify the trading process, offering a balance between functionality and ease of use. Users can perform automatic exchanges across multiple devices, enabling them to trade efficiently at home or on the go. Additionally, FixedFloat’s transparency and commitment to competitive fees further enhance its appeal, ensuring a seamless trading experience. Enhanced Accessibility with Telegram Bot The introduction of FixedFloatBot represents a major step toward making cryptocurrency trading more accessible. With features such as multi-language support, transparent fees, and 24/7 assistance, the bot empowers users to trade conveniently on the go. This feature appeals to both seasoned crypto traders and newcomers. For those unfamiliar with FixedFloat, this invention offers an easy entry point to explore its secure and efficient trading ecosystem. To experience seamless crypto trading, visit FixedFloatBot on Telegram today. About FixedFloat FixedFloat is committed to simplifying cryptocurrency trading with a focus on speed, transparency, and user privacy. Integrated with cutting-edge technology like the Lightning Network, FixedFloat offers an unparalleled trading experience for crypto users worldwide. For more information, visit the bot at FixedFloatBot or explore the platform at https://ff.io/ . FixedFloat website FixedFloat Twitter
The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be latest in a string of similar hacks in the past month.
On December 26, COINOTAG reported a significant development in the cryptocurrency derivatives market, as the BitVol Index, an indicator of Bitcoin’s implied volatility, fell to 64.32. This represents a daily
The post Pepe Coin Price Bounces Back As Investors Bet On New Player In The Market Yeti Ouro To Turn $1000 Into $100,000 By 2025 appeared first on Coinpedia Fintech News The crypto market is buzzing as Pepe Coin rebounds, attracting renewed attention from investors. However, a rising star has entered the spotlight: Yeti Ouro (YETIO). This innovative token captures the imagination and can potentially deliver exponential gains. Analysts speculate that a $1,000 investment in Yeti Ouro could transform into $100,000 by 2025. With a 20% holiday bonus on YETIO purchases from December 24th to 26th, along with a referral campaign and meme contest, this project creates significant excitement. Pepe Coin Price Analysis: A Resilient Meme Token Inspired by the iconic Pepe the Frog meme, Pepe Coin has become a favorite among crypto traders. After recent market turbulence, Pepe Coin price has bounced back, proving its resilience. However, its primary appeal lies in its meme-based community, with little utility to back long-term growth. 1-month Pepe price chart- source: CoinMarketCap The absence of utility leaves space for tokens like Yeti Ouro to shine. YETIO is more than another meme coin; it embodies the fun and exuberance of meme culture while providing real value through harnessing it in the Yeti Go ecosystem, a Play-to-Earn (P2E) racing game. While Pepe Coin may find short-term hype, Yeti Ouro provides a solid argument for long-term investment. New Market Leader: Yeti Ouro Yeti Ouro is on track to be the next big thing in cryptocurrency! Yeti Ouro combines the excitement of meme coins with real-world use cases built on the Ethereum blockchain. Its ecosystem will centre on Yeti Go, an Unreal Engine-based racing game where players can obtain rewards through YETIO tokens. Yeti Ouro stands out for its approach to value creation amongst its community. Tokenomics: The token has a capped supply of 1 billion, ensuring it will always retain an element of scarcity while staking and token burns, promising long-term price increases. That’s why from December 24th to December 26th, Yeti Ouro will give a 20% bonus for all acquired tokens, the best time for investors to enter the project. The referral campaign gives users the opportunity to receive additional rewards for inviting others to participate in the presale, creating a culture of membership and joint success. Yeti Ouro also hosted other community initiatives, cementing its status as a project to watch. The current Meme Contest inspires creativity and empowers participants to receive YETIO tokens. The contest has attracted considerable attention on social media, with an offer of a prize pool worth $3,500. The 10% referral program also allows community members to cash in. By spreading their customized referral links, users can attract additional people into the ecosystem and increase their wallet balance. The Path To $100,000 Yeti Ouro stands to be a market leader through its mix of scarcity, utility, and community involvement. Analysts expect the token’s ‘meme’ status to repeat the success of early meme coins Shiba Inu and Dogecoin. With finite supply and an innovative use case in the P2E gaming space, Yeti Ouro could be the ticket to huge returns for early investors. With its well-structured tokenomics and growth potential, a $1,000 investment today could result in significant gains for investors who buy into Yeti Ouro. Investors looking to get in on the ground floor of this project will find even more value in the 20% bonus over the holiday period. Join the Yeti Ouro Revolution As Pepe Coin regains strength, Yeti Ouro will emerge as the next big opportunity in cryptocurrency. With its innovative ecosystem, community-focused initiatives, and holiday bonuses, Yeti Ouro is proving to be more than just a meme coin—it’s a utility-driven token with real potential. Join the Yeti Ouro Community Website: https://yetiouro.io/ X (Formerly Twitter): https://x.com/yetiouro Telegram: https://t.me/yetiouroofficial Discord: https://discord.gg/YtUsEZ2ZrV
Solana experiences a remarkable recovery, surging 3.53% to $196, indicating a positive shift in investor sentiment amid improving market conditions. As bullish technical indicators align, this optimistic trend reflects strong
Cardano price started a downside correction below the $1.00 zone. ADA is consolidating and facing hurdles near the $0.920 and $0.950 levels. ADA price started a downward move below the $1.00 support zone. The price is trading below $0.950 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.92 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.950 resistance zone. Cardano Price Starts Fresh Decline After struggling to clear the $1.00 resistance zone, Cardano started a fresh decline, like Bitcoin and Ethereum . ADA declined below the $0.9650 and $0.950 support levels. The recent high was formed at $0.9495 before the price dipped. There was a move below the $0.920 support level. The price declined below the 50% Fib retracement level of the upward move from the $0.8628 swing low to the $0.9495 high. Cardano price is now trading below $0.925 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.920 zone. There is also a connecting bearish trend line forming with resistance at $0.92 on the hourly chart of the ADA/USD pair. The first resistance is near $0.9350. The next key resistance might be $0.950. If there is a close above the $0.950 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $1.00 region. Any more gains might call for a move toward $1.050 in the near term. More Losses in ADA? If Cardano’s price fails to climb above the $0.920 resistance level, it could start another decline. Immediate support on the downside is near the $0.8950 level or the 61.8% Fib retracement level of the upward move from the $0.8628 swing low to the $0.9495 high. The next major support is near the $0.865 level. A downside break below the $0.8650 level could open the doors for a test of $0.820. The next major support is near the $0.8050 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.8950 and $0.8650. Major Resistance Levels – $0.920 and $0.950.