Kategorie: Crypto News

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WhiteBIT and Visa launch crypto debit card with cashback

  • The WhiteBIT Nova card allows EU users to spend crypto directly with no conversions.
  • The debit card offers up to 10% BTC/WBT cashback with customizable daily spending categories.
  • Backed by Visa, the debit card supports Apple Pay, with €10K daily and €25K monthly limits.

WhiteBIT, one of Europe’s largest cryptocurrency exchanges and a partner of FC Barcelona, FC Trabzonspor, ESL Faceit, and Visa, has introduced the WhiteBIT Nova, a debit card with cashback rewards in collaboration with Visa.

The debit card will allow European Union (EU) residents to seamlessly integrate cryptocurrencies into their everyday spending, offering a practical and rewarding way to utilize digital assets.

The WhiteBIT Nova card features

Issued by Wallester AS, a leading card issuing platform in Europe, the WhiteBIT Nova card is backed by Visa’s global network. This partnership not only provides extensive acceptance worldwide but also integrates with Apple Pay, allowing for secure and contactless payments.

The card’s daily spending limit is set at 10,000 EUR equivalent, with a monthly limit of 25,000 EUR, offering flexibility for users who wish to use their digital assets in more substantial transactions.

Unlike traditional bank cards, the WhiteBIT Nova card requires no initial deposit to activate, and there are no fees for opening or closing the card. The card can be used both as a digital version, available instantly through the WhiteBIT app and as a physical card, which is delivered within 10 business days for a fee of up to €10.

This flexibility allows users to choose between immediate convenience and traditional card use.

Another of the standout features of the WhiteBIT Nova card is its support for multiple cryptocurrencies, including USDC, BTC, ETH, XRP, SOL, NEAR, ADA, AVAX, WBT, and DOGE. This enables users to spend a wide range of digital assets directly, without the need for conversions.

Furthermore, the card offers up to 10% cashback as a standard feature, paid in Bitcoin (BTC) or WhiteBIT Coin (WBT).

Users can select cashback categories like groceries (1%), food/restaurants (3%), medicine (3%), taxi (3%), pet supplies (5%), and subscriptions (10%). They can adjust these categories daily, allowing them to maximize their rewards based on their spending habits.

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Circle and Binance team up to boost global USDC adoption

  • Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users
  • Circle will help Binance build relationships across the finance and commerce landscape
  • Circle’s USDC is compliant with stablecoin regulations in Europe and Canada

Binance and Circle have entered a partnership designed to boost the adoption of the stablecoin USDC while supporting the development of global digital assets and a broader financial services ecosystem.

Jeremy Allaire, chairman and CEO of Circle, and Richard Teng, CEO of Binance, made the announcement at Abu Dubai Finance Week.

Through the partnership, Binance will make USDC more widely available on its platform, “ensuring that their more than 240 million global users are able to seamlessly access and use USDC for trading, saving, and payments applications,” an announcement said.

The crypto exchange will also adopt USDC into its corporate treasury. According to Allaire, Binance is “putting their full faith behind USDC as a digital dollar for storing and moving value.”

In return, Circle will provide Binance with tools and technology while helping Binance build relationships across the finance and commerce landscape.

In a post on X Allaire, said:

“As Binance itself becomes one of the most widely regulated global exchanges, and continues to invest in robust compliance and risk management infrastructure, the marriage of the largest and fastest growing compliant stablecoin with their global platform marks a major and material shift in the emerging crypto market structure as we enter 2025.”

A great year for Circle

In July, Circle became the first stablecoin issuer to secure regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) regulations. Then in December, Circle became the first stablecoin issuer to receive approval from the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA).

In September, Circle announced it was partnering up with Sony Block Solutions Labs to enable USDC on Soneium, an Ethereum layer 2 solution. Through the partnership, Allaire said it was “Circle’s mission to accelerate the adoption of our stablecoins and blockchain technology.”

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Ripple (XRP) and Cardano (ADA) investors see this token as the next big bull run play

Among those looking for great returns from cryptocurrencies, Ripple and Cardano have long been favorites. However, as market dynamics have shifted, astute investors have increasingly turned to a new emerging star: Rexas Finance (RXS). With a creative ecosystem, outstanding presale momentum, and strong community support, RXS looks to be positioning itself as the next big bull run play.

Rexas Finance (RXS): A New Leader Emerging

You can get to the future of wealth management through Rexas Finance. You can own or tokenize almost any real-world object on a global scale with Rexas Finance. This includes art, commodities, intellectual property, and real estate. With Rexas Finance, you can get into a world where you can easily sell assets and find endless investment options. Use the power of blockchain technology to make trading easier, more open, and more effective for everyone. 

Rexas Finance is a utility token first and foremost in decentralized finance (DeFi), not simply another altcoin. Unlike rivals, the coin emphasizes practical uses—especially in real estate tokenization and DeFi developments. RXS is becoming rather popular as more investors turn their attention to well-known initiatives like Ripple and Cardano. By establishing fractional ownership of actual objects and enabling users to tokenize real-world assets, 

Rexas Finance’s creative platform opens high-value investments beyond the reach of only wealthy individuals. Utilizing its Rexas Launchpad, the platform also helps entrepreneurs and inventors generate money quickly, enabling new token launches using a user-friendly method. 

On platforms like Telegram and Discord, the Rexas QuickMint Bot also streamlines token production for non-technical users, allowing simple access into the tokenizing market. Rexas’s AI Computer Generating Graphics NFT tool provides a flawless approach for artists to make and market NFTs by using AI to design NFTs with little effort, increasing possibilities in digital art. RXS has maintained amazing speed throughout its presale. With the initiative raising over  $23.7 million, the ninth stage of the presale has already witnessed enormous participation. 

With almost 313.7 million tokens sold, both retail and institutional investors clearly show substantial interest. Priced at $0.125 per token, Rexas Finance has already set amazing benchmarks.  The successful coin assessment by top blockchain security company CertiK adds even more confidence. This audit has raised investor confidence by guaranteeing that the platform’s smart contracts and general ecosystem satisfy high-security criteria. 

Rexas Finance’s spectacular debut when it lists on big exchanges is positioned by its rapid expansion. The coin is clearly visible on important sites such as CoinGecko and CoinMarketCap, indicating high trust in the larger cryptocurrency market.

Rexas Finance is organizing a $1 million giveaway to involve its expanding community further. Twenty fortunate individuals will receive $50,000 worth of RXS tokens apiece from this advertising effort. Such programs create hype and assist in increasing the project’s user base, thus fostering early adopters’ long-term commitment.

Cardano and Ripple have been a mainstay of the crypto scene for years. Although Cardano’s ADA stands out for its sustainability and scalability commitment, XRP is popular for stressing cross-border payments.  However, as these enterprises develop, their development potential becomes less dramatic, which forces many investors to diversify into interesting new projects like Rexas Finance. 

Given its modest presale price and creative approach, RXS presents special growth potential. The chance to acquire tokens at $0.125 before the project fully opens and starts trading on main exchanges attracts investors looking for exponential returns.

Conclusion

For those aiming for the next breakthrough in the cryptocurrency sector, Rexas Finance is fast becoming their choice for investment. The coin is set for amazing expansion with its $0.125 presale price, solid investment, strategic visibility on main platforms, and creative strategy. As it moves through the presale phases, Rexas Finance creates buzz for its post-launch success. Analysts believe the token’s innovative use cases and outstanding community support will drive its value much higher. 

Rexas Finance presents a rare chance for significant gains, considering its early-stage price and the strong ecosystem of the platform. Those who recognize the potential of Rexas Finance are positioning themselves to benefit from a potential bull run. Whether your experience with cryptocurrencies is new or seasoned, RXS strongly argues for inclusion in any portfolio.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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PNUT meme coin soars amid Coinbase listing news

Peanut the Squirrel (PNUT) has jumped more than 30% in the past 24 hours, bouncing from under $1 amid positive news.

The PNUT meme coin price hovered near $1.29 on Wednesday afternoon, up from lows of $0.98. Bulls saw its value rise to intraday highs of $1.38.

Coinbase adds PNUT to roadmap

PNUT price spiked more than 30% on Dec. 11 after US-based crypto exchange Coinbase announced the inclusion of Peanut the Squirrel on its listing roadmap. The Solana-based meme coin rose in the wake of the announcement, with broader surges for top coins adding to the upside pressure.

Peanut the Squirrel, which went viral in November amid uproar over the killing of Peanut, a squirrel that had become an internet sensation, hit its all-time high of $2.44 on November 14, 2024.

While it pared nearly half of these gains afterwards, PNUT price at the time of writing was up over 3,900% since its lows of $0.03 on Nov. 4.

Coinbase listing will add PNUT to another leading crypto exchange after the world’s largest by trading volume Binance added spot trading. Like it happened then, PNUT price is soaring.

Peanut the Squirrel is currently the 116th largest cryptocurrency and eighth largest meme coin by market cap with over $1.2 billion. In the past 24 hours, the meme coin has recorded a daily volume of over $1.7 billion, with this representing a more than 14% spike.

As well as PNUT, Coinbase has in recent weeks added meme coins such as Moo Deng, DEGEN and Mog Coin.

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Gate.io to list CYBRO token on Dec 14 after $7M presale success

  • CYBRO token ($CYBRO) will be listed on Gate.io on December 14.
  • Gate.io is also conducting a 500,000 CYBRO token airdrop for subscribers holding at least 10GT.
  • CYBRO has earned a spot among the Top 50 apps on Blast.

Following a highly successful presale which raised $7 million between April and December 2024, CYBRO, an AI-driven multichain earning marketplace,  has announced that its $CYBRO token will be listed on Gate.io on December 14, 2024.

Notably, $CYBRO’s listing comes thirteen days earlier. When announcing the conclusion of the CYBRO presale, the CYBRO team had announced that the listing was tentatively scheduled for December 27 although they were working to move it earlier.

Gate.io to airdrop 500k CYBRO tokens before listing

In addition to listing the $CYBRO token, Gate.io will also conduct a “GT Exclusive Airdrop” that will distribute 500,000 CYBRO tokens free of charge. 

To successfully participate in the airdrop, subscribers will require a current holding of at least 10GT, which will be checked during Token distribution. The subscription period for the airdrop is scheduled to run from December 12, 2024, at 13:00 UTC+8 to December 14, 2024, at 13:00 UTC+8.

The GT airdrop initiative is expected to enhance accessibility and generate further interest in CYBRO. 

Notably, user participation funds (the 10GT) will not be deducted; it only serves as a requirement. 

CYBRO trading on Gate.io starts on December 14

CYBRO Trading will commence on December 14, 2024, after the conclusion of the airdrop, at 17:00 UTC+8, with the initial trading pair being CYBRO/USDT.

CYBRO has announced that after the Gate.io listing, additional listings on another major centralized exchange and a prominent decentralized exchange are on the way, with further expansions anticipated.

What is CYBRO?

After the successful presale, CYBRO has emerged as a promising platform in the decentralized finance (DeFi) space. With a strong community of 18,173 token holders, the multichain earning marketplace aims to optimize Web3 investment opportunities through advanced AI portfolio management and user-centric design.

CYBRO’s rise has been fueled by its innovative approach to simplifying DeFi investments. Leveraging AI-driven strategies, the CYBRO platform offers tools to manage portfolios dynamically, optimize yields across protocols, and accommodate diverse investor preferences. 

Currently, CYBRO features 28 vaults, including two that provide native rewards for farming project points. These vaults are complemented by filtering and sorting tools, ensuring ease of use for both novice and experienced investors.

The platform’s commitment to security and transparency has been underscored by four technical audits conducted by Pessimistic and QuillAudits, as well as KYC verifications completed with Assure DeFi and Certik. 

CYBRO has also launched a $25,000 Bug Bounty program aimed at maintaining robust defence against vulnerabilities.

To prepare for the listing, CYBRO has focused on achieving key metrics, including expanding its community and enhancing product performance. Notably, the platform’s total value locked (TVL) has grown to $120,000, earning it a spot among the Top 50 apps on Blast. Plans are in place to break into the Top 30 and reach a TVL of $1 million. 

Recent updates, such as the introduction of a streamlined “Hub” feature for improved navigation, demonstrate CYBRO’s emphasis on user experience.

As CYBRO continues to develop new features and strategies, its entrance into the market positions it as a notable player in the rapidly evolving DeFi ecosystem.

The post Gate.io to list CYBRO token on Dec 14 after $7M presale success appeared first on CoinJournal.