Author Archives: admin

Introduction In the rapidly evolving world of blockchain and gaming, AZTEQ Metaverse stands out as a groundbreaking project. This comprehensive article explores the multifaceted aspects of AZTEQ, highlighting its recent partnership with SafeSwap Online – a significant milestone for both entities. What is AZTEQ Metaverse? AZTEQ Metaverse is an innovative platform that seamlessly blends gaming,[Read more…]

Medabots Trademark Dispute Imagineer Claims Victory Against Kevin Comadrán

In the vast, uncharted waters of the internet, there exists a realm where anonymity reigns supreme, and fortunes can be made or lost with a simple click. This is the story of Jimmy Zhong, a young and audacious hacker who found himself at the epicenter of a multi-billion dollar heist, orchestrating one of the most[Read more…]

Labuan, Malaysia, April 4th, 2023, Chainwire

On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry veterans, Cerus Markets plans to revolutionize the way people trade cryptocurrencies. 
The Next Evolution in Crypto
Cerus Markets is proud to introduce Non-Deliverable Crypto contracts (NDC’s) as the most advantageous and innovative way to trade cryptocurrencies. For the first time ever, traders can now invest in cryptocurrencies versus the world’s largest companies such as TSLA, AAPL, GOOG, equity indexes like the DOW and DAX, and even versus commodities including Gold, Silver, and Crude Oil- all with zero fees. NDCs also provide investors with up to 100:1 leverage and the ability to go long and short any cryptocurrency.
About Cerus Markets
Established in 2022, Cerus Markets Limited is authorized and regulated by the Labuan Financial Service Authority, Malaysia. Cerus is a multi-asset broker that offers over 200 instruments paired with cryptocurrencies through its innovative product – Non-Deliverable Crypto contracts (NDC’s). Follow us for the latest crypto news!
Cerus Markets believes in empowering traders of all levels with easy and affordable access to the market. Their platform stands out from traditional brokers by not charging entry fees and allowing trading of a wide range of digital assets starting from just $50.
Moreover, traders can benefit from leverage up to 100:1 and a 100% bonus on their first deposit, further enhancing their trading experience.
Visit cerusmarkets.com to learn more about Cerus Markets and its offerings.           No spam, no lies, only insights. You can unsubscribe at any time.

Contact
Marketing DirectorVeronica ImashevaCerus [email protected]
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

USD’s dominance in global trade is facing major challenges amid the changing geopolitics and developments around the US banking system.
Many investors are betting on Bitcoin to emerge as the global currency of the world in the future.

Amid the changing dynamics of global geopolitics and the current macro developments in the US financial system, the US Dollar is facing imminent threats to its everlasting hegemony in the global financial world. In the aftermath of the Russia-Ukraine war, US’s economic rival China has been working with Russia to push the use of the Yuan in global trade.
It’s also joined hands with key American allies and oil partners like Saudi Arabia in bypassing the US Dollar and making oil purchases directly in the Yuan. CNN released a report explaining how the USD’s dominance seems to be on a declining trend recently.

If the US dollar’s global supremacy erodes, America will face a reckoning like none before.
A surprising segment on CNN.
🔊
pic.twitter.com/1r8msosckh
— Wall Street Silver (@WallStreetSilv) March 27, 2023

As these key developments unravel in the global financial industry, finance enthusiasts are curious as to what will be the replacement for the USD. Crypto enthusiasts believe that the USD’s eroding supremacy is likely to provide a boost to decentralized digital assets.Follow us for the latest crypto news!
As we move towards a multi-polar world many believe that Bitcoin could be the currency of the globe in the future. Backed by decentralized blockchain technology, Bitcoin (BTC) facilitates faster cross-border transactions at low costs.
Bitcoin’s Role in Global Finance
Over the last few years, the adoption of Bitcoin worldwide has accelerated over time. Not only retail players, but big financial institutions and even corporates are seeking exposure to Bitcoin and maintaining BTC reserves.
Although Bitcoin continues to be a very volatile asset class, it’s slowly emerging as a hedge to traditional finance. The performance of Bitcoin against the recent banking crisis in the US and Europe has been a testament to its hedge status.
As the banking crisis unfolded this month sending jitters across global markets, Bitcoin continued to gain strength. The Bitcoin (BTC) price is already up by more than 70% year-to-date outperforming almost every asset class right from equities to Gold. Bitcoin’s resilience during the banking crisis has attracted the attention of investors across the globe.
Although Bitcoin has rallied to $28,000, the liquidity for the world’s largest crypto has dropped to a 10-month low. Speaking to Bloomberg, Conor Ryder at Kaiko said:           No spam, no lies, only insights. You can unsubscribe at any time.
Liquidity on US exchanges and USD pairs in particular have been hardest hit thanks to the banking fears. It looks as if a big reason for the latest price rally in BTC was due to illiquidity, when depth is low, there is less support to not only the downside but also the upside as well.
On the other hand, institutional demand for Bitcoin and other cryptocurrencies also remains strong. Nasdaq, the 52–year-old exchange operator is awaiting approval from NYDFS to secure a license to offer custodial solutions to crypto clients.
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

Cryptosat is participating in the Ethereum KZG ceremony and is poised to add its entropic share to the Ethereum KZG Ceremony from an earth-orbiting satellite.
Cryptosat is one of the more than 80,000 participating in the event but Cryptosat’s involvement will mark the first time this has occurred from outer space.

In a new feat aimed at improving Ethereum’s security and scalability, Cryptosat is participating in the Ethereum KZG ceremony from outer space, through its satellite, Crypto2. This satellite launched early this year aboard the SpaceX Falcon 9 and is the successor to the first satellite launch of Crypto1. Crypto2 reportedly has 30x the computational power of its predecessor.
About 550 kilometers above the ground, the satellite orbits the earth every 90 minutes moving over the North and South poles. In supplying randomness to the KZG ceremony, the project assures that the susceptible information and private data on the blockchain are physically inaccessible and any malicious remote access is thwarted by the agencies actively monitoring the satellite. In addition, satellites can work anywhere meaning geopolitical boundaries don’t apply.

Blip blop 🤖📡💻🔒 🛰️ Gm EthereumUploading the KZG ceremony state securely to the #Crypto2 satellite!
Ensuring the validity of Ethereum 🛡️💪
Track the space trusted setup ceremony 👉https://t.co/ixfOflF08V👈
⟠📡🪐🛰️⟠ pic.twitter.com/1mjWga0eWu
— Cryptosat (@cryptosat) April 4, 2023
Follow us for the latest crypto news!
During Cryptosat’s entropy commit, the public will be able to view progress in real time through a dedicated dashboard aboard the satellite. Viewers can track the satellite’s trajectory and the latest status of the entropy-generating process can be viewed here: http://kzg.cryptosat.io.
Cryptosat’s Verifiable Random Beacon service will feed entropy generated aboard its Crypto2 satellite into the contribution generated for the ceremony. A press release shared with CNF further notes that each beacon is signed by the satellite itself and is verifiable using Crypto2’s public key generated in space.
Cryptosat Co-Founder Yan Michalevsky stated:
Considering the prominence of Ethereum in the blockchain ecosystem, the significance of scaling the Ethereum blockchain cannot be understated. We’re absolutely thrilled that the Ethereum Foundation funded the execution of the KZG scheme using our satellite’s trusted setup ceremony.           No spam, no lies, only insights. You can unsubscribe at any time.
Seeing our technologies serve the world’s most expansive blockchain network is an important achievement for us, especially considering it’s been less than a year since the launch of our first satellite, Crypto1, into orbit.
The setup comes ahead of the Ethereum Shanghai upgrade for which the entropy by Crypto2 is generated. This highly anticipated upgrade is scheduled for April 12. Given the magnitude of the upgrade and larger Ethereum project, Cryptosat’s satellites which are built from the ground up guarantee no third party has interfered with the computing environment prior to its being launched into orbit. By doing so, not even nation-state actors can tamper with the operations that are carried out aboard the tamper-proof satellite.
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

Source: Tobias Arhelger – Shutterstock

While Amber Group reduced its ARB holdings, three different Ethereum whales were identified accumulating more of them.
However, Arbitrum Foundation has been accused of acting against the will of the community despite a public vote against ARB spending.

The Ethereum (ETH) ecosystem is preparing for a major network update dubbed Shanghai Upgrade, which is scheduled for April 12. Despite the mixed sentiments on the effect of the Shanghai Upgrade on the Ethereum price action, the digital asset has gained about 50 percent YTD to trade around $1,800 on Monday. About 17.9 million Ethereum (ETH) will be available for withdrawals after the Shanghai upgrade.
As a result, some analysts believe the overall effect could be increased selling pressure. On the other hand, other crypto analysts believe the Shanghai upgrade has a bullish outlook on the Ethereum market as confidence rises in the protocol. Moreover, Ethereum stakers will have the freedom over their digital assets after the event.

I’m shocked it’s a debated question that *de-risking $ETH staking by allowing for unlocks* is bullish. And unfortunately for doubtoooooors, the fact it’s even a question makes me more bullish.
— Chris Burniske (@cburniske) April 3, 2023

Ethereum Whales on the Hunt
Despite the increased regulatory scrutiny in the United States, whereby the Securities and Exchange Commission has claimed all digital assets apart from Bitcoin are unregistered securities, on-chain data shows Ethereum whales have been on the hunt for high-potential Layer 2 (L2) gems. Moreover, Ethereum (ETH) is considered a large-cap altcoin that has been experiencing diminishing returns like Bitcoin. 
According to an on-chain analysis by market intelligence platform Lookonchain, Ethereum whales have intensified their activities on Arbitrum (ARB) tokens since the project launch. Ranked 39th by market capitalization, Arbitrum (ARB) has been leading in trending crypto projects on both Coingecko and Binance’s-backed Coinmarketcap.
Lookonchain identified Ethereum addresses associated with digital asset manager Amber Group. Notably, while Amber Group reduced its ARB holdings, three different Ethereum whales were identified as accumulating more of them.
Interestingly, the largest $ARB investor has not made any transfer or attempted to sell according to onchain data.
The on-chain analytics platform noted that Amber Group sent about $10.3 million worth of $ARB to Binance and OKX centralized exchanges. As a result, the digital asset fund manager currently holds approximately 4.47 million ARB tokens.

2/ 2 related addresses of Amber transferred 11.2M $ARB ($15.8M) out, of which 7.3M $ARB ($10.3M) was transferred to #OKX and #Binance.
And currently holding 4.47M $ARB ($6.3M).https://t.co/h01Z9OeFw0https://t.co/jFBmTJyz5s pic.twitter.com/avJIbxwPBq
— Lookonchain (@lookonchain) March 31, 2023
Follow us for the latest crypto news!
Notably, there are 1,275,000,000 ARB tokens in circulating supply out of 10 billion in total supply. With a market capitalization of around $1.5 billion, Arbitrum (ARB) has a reported 24-hour traded volume of about $989 million. 
Among the largest recent $ARB purchases include several trades from Binance and Okex exchanges.

3/ Whale “0xe04d” received 2,186,954 $ARB ($3.08M) from #OKX 1 day ago, then received 1,861,993 $ARB ($2.62M) from #OKX and #Binance again 10 hrs ago.
Currently holds 4,048,948 $ARB ($5.71M).https://t.co/xXAVyG81We pic.twitter.com/C72lvVAxOs
— Lookonchain (@lookonchain) March 31, 2023

Side Notes
Trading around $1.19 on Monday, down approximately 5.9 per cent in the past 24 hours, ARB has more upside in future bull markets. Moreover, Arbitrum has managed to attract large global communities and has utility value as a layer 2 scaling solution. Nevertheless, the Arbitrum Foundation has been accused of ignoring the will of the community in a recent proposal (AIP-1). Reportedly, the Arbitrum Foundation has spent part of 750 million ARB tokens despite the community voting against the move.

Arbitrum foundation made a proposal (AIP-1) to allocate 750M ARB tokens for admin and op costs, but $ARB holders voted against it
Now they said the vote was just a formality, and they have already spent 50.5M (6.7%) of the proposed 750M $ARB
Your vote is not vote pic.twitter.com/lvhBbBesum
— Eden Au (@0xedenau) April 2, 2023           No spam, no lies, only insights. You can unsubscribe at any time.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

The linkup between GoHenry and Acorns is destined as both companies have been working together for some time already.

American financial technology and financial services firm Acorns has revealed it has acquired GoHenry, a teen-based investing application with a diversified user base. As reported by CNBC, the acquisition is the first of its kind for Acorns which is set to use the new acquisition to expand into Europe, in line with its global expansion strategy.
The financial cost of the deal was not revealed, however, the company’s co-founder and Chief Executive Officer, Noah Kerner noted that the terms of the acquisition are beneficial for GoHenry and its investors. The staff of the company will also roll over their stakes into the new Acorns world.

The Acorns outfit encourages value investing by permitting its users to invest their spare scare in assets like index funds. The company’s offerings will complement that of GoHenry whose primary goal is to instill financial education tenets in children aged 6 to 18. By its core operational model, the startup offers a spending card for kids and links it to a cash management application.
Typically, the application is managed by the parents who can limit spending among other functions. The GoHenry revenue generation model is hinged on charging for monthly subscriptions from parents, a model that also mimics the monthly subscription being charged by Acorns.
The linkup between GoHenry and Acorns is destined as both companies have been working together for quite some time.
“We pioneered the kids and teens with GoHenry, and Acorns very much pioneered investing and saving and bringing mental wellness to the up and coming, to everyday America,” said Louise Hill, co-founder, and chief operating officer of GoHenry, adding, “But both of us had ambitions to stretch beyond that in terms of customer demographics, so that we could start to serve people throughout their lifecycle, through all life stages.”
Acorns Acquisition of GoHenry, Not a Deal Born in a Hurry
According to the details shared by Kerner, neither the timing nor the acquisition deal was driven by the negative changes we’re seeing in the market today. He noted that the company looked at hundreds of deals before finally settling for GoHenry, a process that spanned several months.
The company said that as far back as 2020, it pioneered the launch of Acorns Early — an investment account for kids, pitching GeHenry as a viable option among the pack.
According to the plans being nurtured by Acorns, the name of the newly acquired firm will be changed to GoHenry by Acorns in the United States, while in the United Kingdom, it will be named as GoHenry. The startup will maintain the identity of its subsidiary PixPay in both Spain and France respectively.
With the financials not revealed, it is hard to tell what the Acorns valuation is as it was last valued at $1.9 billion following a $300 million fundraise last year. The firm’s plans to go public through a Special Purpose Acquisition Company (SPAC) were scrapped as a result of market conditions.

Business News, Deals News, FinTech News, News

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Thank you!
You have successfully joined our subscriber list.