Shiba Inu raises $12 million in token round for its new blockchain $SHIB


➡️Shiba Inu is developing a new Layer 3 blockchain utilizing fully homomorphic encryption from Zama to ensure end-to-end data privacy.

➡️The blockchain aims to enhance privacy and trust for its extensive user base, addressing critical issues in the crypto community.
It focuses on regulatory compliance and security, balancing privacy with verified user identities.

➡️A testnet release is planned for Q3 this year, with the mainnet launch following extensive testing to prevent issues like fake tokens.

#meme
#SHIB
#shibainu

@tokenize 🔥 | @cryptonerds 💬

💰 L2 volume on #Uniswap has officially passed $250B


@tokenize 🔥 | @cryptonerds 💬

🟠 #Binance has announced the 53rd project on Binance Launchpool - Renzo (EZ).

Users will be able to stake their BNB and FDUSD into separate pools to farm REZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).

@tokenize 🔥 | @cryptonerds 💬

🔥 BREAKING : Brazilian 🇧🇷 Digital Bank Nubank Now Supports Crypto Transactions.

Nubank customers can now send and receive Bitcoin💰, Ethereum💰, and Solana💰 through the Nubank app.

@tokenize 🔥 | @cryptonerds 💬

🇨🇴Venezuela's Crypto Shift

💵Facing renewed US sanctions, Venezuela's PDVSA is adopting cryptocurrency, specifically Tether, for oil transactions to avoid traditional financial restrictions.

🟩This strategic move aims to prevent frozen revenues but introduces new challenges, such as compliance issues and intermediary costs.

#venezuela
#crypto
#sanction

@tokenize 🪙 | @cryptonerds 🪙

✅Simplex & Zero Hash Collaboration

💸Simplex, a leading fiat-to-crypto payment gateway, has partnered with Zero Hash to enhance fiat-crypto conversion services in the US.

💱This partnership utilizes Zero Hash's API and regulatory framework to facilitate secure and straightforward transactions across various payment methods, including Visa, MasterCard, and Apple Pay.

#crypto
#hash

@tokenize 🪙 | @cryptonerds 🪙

💰 Ethereum Name Service (#ENS) integrates browser compatible .box web domains.

@tokenize 🪙 | @cryptonerds 🪙

🚨🚨🚨 Stablecoin issuer Tether has announced that it will freeze wallets using #USDT🟢 to evade sanctions on oil exports in Venezuela🇻🇪

@tokenize 🪙 | @cryptonerds 🪙

🇪🇺Eurosystem's CBDC Privacy Assurance

☝️Deutsche Bundesbank President Joachim Nagel stated that the Eurosystem's central bank digital currencies (CBDCs) will maintain user privacy, only collecting minimal data for settlement purposes.

🫥Financial institutions won't use personal data for commercial use unless consented by users. Banks' concerns about CBDCs substituting bank deposits and affecting credit provision are acknowledged, with measures like low CBDC holding limits planned to mitigate risks.

💭While some question the need for a digital euro, Nagel believes in its benefits for the digitizing economy. Contrastingly, the US is cautious about introducing a CBDC soon.

#europe
#finance
#crypto

@tokenize 🪙 | @cryptonerds 🪙

✖️ Ripple's Legal Defense and Whale Activity

⚪️Ripple is actively contesting the SEC's $2 billion fine, arguing for reasonable penalties and challenging the SEC's claims.

🔵Amidst this legal strife, two whale transactions totaling 40 million XRP have stirred the market, suggesting a shift in investor sentiment.

🟡While Ripple defends against the SEC's hefty fines, the XRP price has experienced volatility, recently trading at $0.5405 with a slight decrease, yet showing an 11% increase over the past week.

#Ripple
#crypto
#SEC

@tokenize 🪙 | @cryptonerds 🪙

🚫Crypto Scam Cautionary Tale

☄️Olivier Acuña, a 61-year-old from Kent, lost £325,000 to a crypto scammer on a social platform, X.

🗣The scammer, impersonating a representative from a wallet service, deceived Acuña into revealing his seed phrase, exploiting the trust typically given to accounts marked with a verification tick.✅

🗣Acuña had earned the amount in tokens from his employer, IoTeX, over two years.

#crypto
#wallet

@tokenize 🪙| @cryptonerds 🪙

🧠Block's Bitcoin Mining Vision

🫠Jack Dorsey's company, Block, is advancing from chip design to creating a comprehensive Bitcoin mining system.

⚪️They've developed a 3nm mining chip and are now focusing on a full system design to decentralize mining hardware supply and address the Bitcoin community's concerns about network stability and hardware vulnerabilities.

🫠Block's efforts include improving the user experience of mining operations and supporting renewable energy-powered mining initiatives like Gridless in Africa, promoting a more distributed and resilient Bitcoin network.

#mining
#Bitcoin
#crypto

@tokenize 🪙 | @cryptonerds 🪙

🇭🇰 Hong Kong's Crypto ETF Launch

🔴Hong Kong is set to launch spot Bitcoin and Ethereum ETFs on April 30, aiming to become a digital asset hub. The ETFs, approved by the SFC, could attract Chinese investment and Asia-Pacific market makers.

🔴Despite the smaller financial sector and the US SEC's cautious stance on crypto, Hong Kong's ETFs offer direct asset exchange mechanisms, promising efficiency and arbitrage opportunities.

#crypto
#china
#ETF

@tokenize 🪙 | @cryptonerds 🪙

🤑A prominent crypto analyst, known as Bluntz, is optimistic about Bitcoin’s (BTC) potential growth following the recent halving event.

🐣Bluntz, who has a significant following on social media, suggests that Bitcoin is on the verge of a breakout, as indicated by a symmetrical triangle pattern on the two-hour chart.

👉This pattern suggests a bullish trend if Bitcoin surpasses the upper trend line, which could happen if it breaks the $67,000 resistance level.

#Bitcoin
#crypto

@tokenize 🪙 | @cryptonerds 🪙

🇪🇺The European Parliament has passed a bill mandating crypto firms to enforce anti-money laundering protocols.

🔐This includes stringent customer identity verification and reporting of suspicious transactions.

👉The legislation, targeting crypto asset managers, exchanges, and gambling services, awaits formal adoption by the EU Council and will be effective in three years.

#EU
#crypto

@tokenize 🪙 | @cryptonerds 🪙

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