Zondacrypto, a European cryptocurrency exchange with over 1.35 million users, is expanding into Switzerland by partnering with Incore Bank. This collaboration will provide clients with custody and trading services for digital assets, enhancing the bridge between traditional finance and the digital asset ecosystem. The company, founded in Poland in 2014, aims to further develop its presence in Switzerland and is a member of the Swiss Blockchain Federation.
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News from SVK
Generated 0 posts last week Reichmuth Seeks Executive Assistant with Remote Work Opportunity
Tobias Reichmuth, known from “Die Höhle der Löwen,” is seeking an Executive and Personal Assistant for his Longevity start-up, offering $15 to $18 per hour for remote work in Eastern Europe. He defends the wage as reasonable for local standards, emphasizing the value of cost-effective hiring. In 2023, he entered Switzerland’s top 300 richest, with a fortune estimated between 100 to 150 million francs from investments in cryptocurrencies and wind power.
read moreBitcoin Surges Past 93257 Mark Igniting Bullish Market Sentiment
Bitcoin has surged past the critical $93,257 level, igniting bullish optimism in the market. The cryptocurrency is trading above the 100-day Simple Moving Average, with a Relative Strength Index indicating strong upward momentum. This breakout suggests potential for further gains, possibly targeting the $100,000 mark, though vigilance is needed for any signs of market corrections.
read moreThe Evolution of Trezor’s First Hardware Wallet: A Decade Later
Trezor, the first hardware wallet for cryptocurrencies, celebrates its 10th anniversary. Despite the arrival of new competitors, the original Trezor Model One is still supported and functional in 2024. Experts suggest upgrading hardware wallets if they no longer receive firmware updates to ensure security and compatibility with evolving cryptocurrency standards.
read moreUnderstanding Seed Phrases: The Key to Cryptocurrency Wallet Security
Seed phrases, consisting of 12 to 24 words, are crucial for accessing and securing cryptocurrency wallets. While considered “unhackable,” the loss of a few words can still enable access to funds, with recovery of up to four words feasible using computational tools. It’s essential to safeguard seed phrases and consider backup options to prevent potential loss or unauthorized access to cryptocurrency assets.
read moreAI-Generated Memes Take Internet by Storm, Revolutionizing Digital Content Creation
Luma AI’s Dream Machine is transforming static memes into dynamic video clips, sparking a trend across social platforms. Web3’s AneeMate IP made a splash at the Annecy International Animation Film Festival, signaling the potential for fresh and engaging intellectual properties in the crypto space. As AI-generated animated memes gain traction, questions arise about their impact on digital creators, but the internet’s appetite for animated content shows no signs of slowing down.
read moreLeadership Turmoil at Julius Baer Sparks Wave of Departures
Sonia Gössi, head of Europe and Switzerland at Julius Baer, faces a wave of departures and negative inflow of new money in the Swiss market. Despite the silence from the Baer press office, rumors circulate about the leadership under interim CEO Nic Dreckmann.
read moreTrezor Unveils New Safe 5 Hardware Wallet for Secure Crypto Storage
Trezor has launched the Safe 5 hardware wallet, offering secure storage and management of various cryptocurrencies. The Bitcoin-only version and the “Trezor Expert” onboarding service are also introduced to cater to specific user needs. The devices use open-source code, but the Safe 5 has EAL 6+ certification for enhanced security, and a new backup process allows for multi-share backup using Shamir’s secret sharing for improved accessibility.
read moreEthereum Code: Affordable Cryptocurrency Trading Platform with Global Reach
Ethereum Code is a free and user-friendly trading system that supports a wide range of cryptocurrencies and asset classes. With a minimum deposit of $250, users have full control over their funds and can withdraw at any time. The platform has received positive reviews, offering efficient customer support and advanced technologies for identifying trading opportunities and managing risks. Overall, Ethereum Code is considered a legitimate and secure trading platform, suitable for both novice and experienced traders.
read moreLugh Halts Euro-Pegged Stablecoin Issuance to Comply with EU Regulations
Lugh, a stablecoin issuer, has announced the suspension of its Euro-pegged stablecoin issuance activity to comply with the new MiCA regulations in the European Economic Area (EEA). The MiCA rules aim to protect cryptocurrency investors by enforcing stricter monitoring and oversight requirements on stablecoin issuers. The regulations are expected to be implemented by all 27 EU members by June, with additional licensing and rules to be enforced by December 2024.
read moreIs Ethereum Code a Legitimate Crypto Trading Platform? Expert Analysis
Ethereum Code is a free, user-friendly crypto trading platform that allows users to register without any fees, start trading with a minimum deposit of $250, and access a wide range of cryptocurrencies. The system is supported in various countries, offers 24/7 customer support, and has received positive feedback from users, indicating its legitimacy and efficiency. With advanced technologies and a high success rate, Ethereum Code provides a secure and accessible option for traders looking to identify profitable opportunities.
read moreEurope Prepares for Implementation of Crypto Regulation MiCA
The Markets in Crypto-Assets regulation (MiCA) is set to come into force in Europe, with specialized rules for stablecoin issuers in June and licenses for crypto companies in December. European countries are in the process of adapting MiCA into their local laws, facing challenges such as choosing competent national authorities and managing licensing requirements. Close cooperation between Member States will be crucial for the successful implementation of MiCA, marking a significant step in the regulation of crypto in Europe.
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