Analyses
Daily News Summary 5/8
August 5, 2024

Xapo Bank Launches Interest-Bearing Bitcoin Accounts
Gibraltar-based crypto-friendly Xapo Bank has received its banking license in the United Kingdom and is now offering new banking services for users who wish to hold Bitcoin. According to the announcement, the bank is the first to launch a combined interest-bearing U.S. dollar and Bitcoin bank account, allowing customers to use it just like a regular bank account.
Hybrid Trading Platform Launched on Telegram
The hybrid perpetual decentralized trading protocol X10, developed by former Revolut employees, has announced its launch on the StarkEx Layer-2 network. X10 has also created an intuitive trading mini-app for Telegram, allowing users to trade directly within the messaging app. To further enhance liquidity, X10 offers a transparent market maker program open to everyone, in collaboration with global fintech partners.