Author: CryptoPress
What is Tron?
Tron (TRX) is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content.
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Rainbow Wallet’s ETH Rewards Program
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Rainbow Wallet has launched an Ethereum (ETH) rewards program for its top users.
Rewards are distributed weekly based on points earned through various on-chain activities.
The program incentivizes user participation and loyalty, potentially setting a precedent for other DeFi platforms.
The integration of ETH rewards could boost Ethereum’s utility and adoption.
This move highlights the growing importance of user...
Standard Chartered Bank Enters Crypto Trading with Bitcoin and Ethereum Desk
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Standard Chartered Bank is launching a Bitcoin and Ethereum trading desk in London.
The move is in response to growing institutional demand for direct investment in digital assets.
The bank is among the first major global banks to offer direct cryptocurrency trading.
The new desk will be part of the bank’s foreign exchange (FX) trading unit.
Standard Chartered has been working closely with regulators to support...
The SEC is dropping its investigation on Ethereum
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The SEC has decided to drop its investigation into Ethereum, a move that has been celebrated as a significant victory for the cryptocurrency industry. The decision came after Consensys, a major player in the Ethereum ecosystem, filed a lawsuit against the SEC, challenging the agency’s classification of ether as a financial security. The SEC had previously issued a subpoena to the Ethereum Foundation in March 2024 to classify ETH as a...
Deutsche Telecom’s Bitcoin Mining Venture
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Deutsche Telecom, the parent company of T-Mobile, plans to start Bitcoin mining.
The company has been running Bitcoin and Lightning network nodes since 2023.
This move could have significant implications for the decentralized finance sector.
It raises questions about the increasing mainstream adoption of cryptocurrencies.
Deutsche Telekom’s entry into Bitcoin mining has been met with mixed reactions.
Deutsche...






