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Showing posts with the label accounts

M2 crypto exchange to allow UAE residents to trade crypto using bank accounts

M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive trading. UAE has strict regulations to ensure consumer protection and market transparency. In a significant development for the digital asset market in the United Arab Emirates (UAE), M2, a prominent crypto exchange, has announced that UAE residents can now buy and sell Bitcoin (BTC) and Ethereum (ETH) directly using their bank accounts. This new integration facilitates the direct conversion of UAE dirhams into BTC and ETH through M2’s spot market, marking a milestone in the accessibility of virtual assets in the region. M2 users can seamlessly convert dirhams into BTC and ETH and vice versa In an announcement shared with Cointelegraph, the M2 exchange highlighted that the new feature will enable users to convert dirhams into Bitcoin and Ether seamlessly through the trading pairs listed on M2’s spot ...

Trump shooter had ‘3 encrypted overseas accounts’

The failed Trump assassination attempt has proven to be fertile ground for theories and conspiracies, with every new step in the investigation apparently raising more questions than answers.  The latest development came during the Republican National Convention (RNC) on July 18 when Representative Mike Waltz stated during an interview that Thomas Matthew Crooks – the would-be assassin – has two mobile phones and ‘3 encrypted overseas accounts.’ At the time of publication, the significance and details of the claims remain unclear, as the congressman simply stated that the FBI was ‘pissed,’ requesting more resources, and conducting the investigation. He added that more information would be available after the Monday briefing. Picks for you China dumps $80 billion of U.S. securities in 5 months 23 ...

Alchemy reports deploying over 1 million smart accounts

In the fourth quarter of 2023, Alchemy saw an unexpected surge in ERC-4337 smart contracts, creating over 960,000 account s. This explosion of interest underscores the zeal of app developers to tackle user experience challenges, per Alchemy’s report. Will Hennessy, Alchemy’s account abstraction lead, expressed his surprise, attributing the rapid adoption to the Ethereum Foundation’s deployment and developers’ eagerness to address user experience challenges. “The Ethereum Foundation just deployed ERC-4337 contracts in March 2023, so this early adoption is faster than expected,” he said via his personal X account. “It shows how hungry app developers are to solve [user experience] problems like gas sponsorship.” Account Abstraction was a HUGE narrative in 2023. Over 960,000 new ERC-4337 accounts were created in Q4, representing 53% of the total 1.8 million deployments to date. Let's look at how we did as an industry on other key m...