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Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam


Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC, Circle’s regulated stablecoin, providing rails...

South Korea Considers Deferring Crypto Taxation Until 2028


The ruling party of South Korea is, once again, considering the postponement of the enactment of crypto-specific taxes, as this could influence public opinion towards the government. The party aims to implement these taxation rules by 2028, citing a lack of necessary regulations and institutional...

Bitso Integrates Lightspark for Bitcoin Lightning Network


Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning...

Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows


The total crypto market cap decreased by 14.4% in the second quarter this year, ending at $2.43 trillion, while the S&P 500 increased by 3.9%, according to the 2024 Q2 Crypto Industry Report by Coingecko. Bitcoin’s price fell by 11.9%, ranging from $58,000 to $72,000, with its mining...

Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches


According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving...

$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest


U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with...

LiFi Protocol Confirms Hack; Over $10 million Drained


LiFi Protocol is currently under attack, and over $10 million in crypto has already been drained. According to an X post from X LiFi, “strongly recommend to users to revoke their approvals for: 0x1231deb6f5749ef6ce6943a275a1d3e7486f4eae.” ????UPDATE????Our system has raised more suspicious...

Pepe & WIF Make a Comeback: Meme Coins Double-Digit Gains


The crypto market is showing signs of a renewed bullish outlook. Amidst the greenery, meme coins have posted impressive double-digit gains over the past 24 hours.   From Cats to Dogs: A Closer Look at the Top Performers Leading the pack is Shark Cat (SC), ranked 618th, with a 54.76% increase. This...

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