Analysis Crypto by Thebittimes.Com

The luxury carmaker partners with BitPay to facilitate cryptocurrency transactions. Ferrari is responding to growing customer demand and dealer requests. The luxury car maker will start by accepting crypto payments in the US and later Europe. In some interesting crypto news, Ferrari, the iconic luxury sports car manufacturer, has officially announced its plans to accept cryptocurrency payments for its high-end vehicles in the United States. This groundbreaking decision, spurred by increasing customer demand and the rise of digital currency investments, represents a significant shift in the automotive industry. Here’s what you need to know: Crypto payments for iconic Ferraris Ferrari’s chief marketing and commercial officer, Enrico Galliera, has confirmed the brand’s intention to accept crypto currency payments in the US and later in Europe. This move was primarily driven by a surge in market demand and repeated requests from their dealers...

Nabox partners with OGzClub and support OGz to land on multi-chains. With the underlying support from Nerve Network, SwapBox, a product of Nabox, has now officially assisted OGz assets to migrate from Ethereum to BNB Chain. Nabox is thrilled to be a part of the OGz Club ecosystem, providing reliable cross-chain services to users from the OGz Club community. Here’s how to use SwapBox to perform a cross-chain transaction for your OGz assets. SwapBox is compatible with many web3 wallets. How to Bridge OGz assets on SwapBox Connet your wallet to  SwapBox .  You can use MetaMask, Nabox Wallet, Trust Wallet, etc. Go to the “Swap” function after connecting your wallet.  Select networks. A) Select your target network for this transaction. Currently, SwapBox supports OGz on Ethereum and BNB Chain B) Enter the address you want to receive your OGz tokens C) Select “Approve” Confirm the transaction. Congratulations! You should be able to receive your assets on the other side w...

As part of the collaboration, Bitpanda will incorporate Coinbase Exchange into its roster of authorized liquidity providers. Vienna-based cryptocurrency investment company Bitpanda has finalized a licensing agreement with Coinbase, making Coinbase a liquidity provider for Bitpanda Technology Solutions. We’re excited to announce that Bitpanda Technology Solutions is collaborating with another industry leader. With Bitpanda Tech, @coinbase will offer a regulated trading infrastructure to their clients like banks and financial institutions outside of the US. pic.twitter.com/leyHChQ3IU — Bitpanda (@Bitpanda_global) May 25, 2023 According to the announcement, the collaboration between both entities will enable “Coinbase to offer one of the most scalable Investing-as-a-Service infrastructures to their institutional clients, such as banks and financial institutions outside of the United States.” This strategic partners hip will allow Coinbase to provide its institutional clients outsid...

DIA partners with Orbiter One a decentralized peer-2-peer lending and borrowing platform focused on cross-chain interoperability.  Orbiter One has officially integrated DIA’s transparent price oracle to list 10+ tokens and LSDs in its cross-chain, peer-to-peer lending protocol on Moonbeam. Being deployed on the Polkadot parachains Moonriver and Moonbeam, Orbiter One user can use the power of cross-chain EVM compatibility to get the most out of their lending experience. Orbiter One is in the process of being audited, the results of which will be published shortly after launch. At launch, Orbiter One users are able to use over 14 assets for lending and borrowing on the Moonriver blockchain. All of which DIA will provide the pricing oracles. Special attention is given to Liquid Staking Derivatives (LSD). It plays a significant role in the Orbiter One ecosystem. It enables their users the total liquidity over their liquid-staked assets. DIA is thrilled to announce a new collaboration with...