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Gold-Backed and Ready to Shine: HAQQ Founders Share Story Behind Deenar Stablecoin
22.8.2024
HAQQ brings together the most reputable actors of Ethical finance in order to promote community-driven decentralized technologies worldwide. HAQQ is an EVM-equivalent chain, based on Cosmos SDK. The technology behind HAQQ makes it possible for any smart contract created on other EVM chains to...
Daily Crypto Update: Mid-week Fluctuations see Bitcoin Surging 2.5%
22.8.2024
The crypto industry underwent another mid-week wave of fluctuation. The development saw Bitcoin and Ethereum gaining back some…
Spot Ethereum ETFs record longest outflow streak amid drying investments
22.8.2024
Ethereum ETFs in the US face significant outflows, contrasting Bitcoin ETFs, which continue to attract investments
Hackers Exploit McDonald’s Instagram to Promote Fake Grimace Coin, Netting $700,000 in Solana
22.8.2024
Hackers recently took control of McDonald’s official Instagram account to promote a fraudulent Grimace meme coin, successfully scamming users out of $700,000 in Solana. The attackers also compromised the personal X account of McDonald’s Senior Marketing Director to further spread the scam. Grimace...
Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
22.8.2024
Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments
Bitcoin open interest jumps $1.3B following Fed's 'dovish' minutes
22.8.2024
Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21
Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies
22.8.2024
The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies
Arizona AG Warns Scammers Always Find New Ways to Steal Your Money With Crypto
22.8.2024
Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable individuals, especially seniors. These scams include fraudulent investment schemes, impersonation of businesses or government entities, and blackmail, exploiting...
Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says
22.8.2024
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital...
Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
22.8.2024
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”
QR Code Scams: TN Attorney General Issues Warning
22.8.2024
The Tennessee Attorney General’s Office has issued a QR code scam alert, warning consumers about fraudulent QR codes used in various scams, including fake cryptocurrency investments. Consumers are urged to verify sources, check codes for tampering, and use secure scanner apps. Tennessee...
Devere CEO Advises Shifting Away From US Assets as Dollar Weakens
22.8.2024
Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s decline could present both challenges...
Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year
22.8.2024
Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk management system identified and blocked suspicious transactions, particularly during crypto...
Campaign Advisor Says Harris Will ‘Support Policies’ Promoting Growth of Digital Currencies
22.8.2024
On Wed., Aug. 21, 2024, Bloomberg shared that Vice President Kamala Harris intends to back policies that favor digital currencies. Brian Nelson, a senior advisor for the Harris campaign, told Bloomberg in an interview that if Harris secures the presidency in November, she will “support policies...
German Authority Seizes 13 Unauthorized Crypto ATMs
22.8.2024
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German...
Experts Question Ghana VP’s Gold-Backed Currency Pledge
22.8.2024
A Ghanaian banking consultant, Richmond Atuahene, has expressed concerns about Vice President Mahamudu Bawumia’s pledge to back the cedi with gold. Atuahene believes Ghana needs a stable economic environment before implementing this policy. John Gatsi, a dean at the University of Cape Coast...
Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
22.8.2024
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting
Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
22.8.2024
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting
Protocol Village: Credbull Raises $5.2M, Aave Comes to ZKSync Era
21.8.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 22-28
Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
21.8.2024
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for Sept. 19, 2024, at 10 a.m. EDT. This hearing will be pivotal in shaping the future of the crypto company, which has encountered substantial hurdles since the Terra ecosystem’s...