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Optimism transaction volumes surpass Abitrum’s for the first time in six months
27.7.2023
Optimism lost the top spot to Arbitrum in January, after the end of its season one “quest," but has regained it after Worldcoin launched on July 25
Tokenization News Roundup: Avalanche Invests $50M in RWA
27.7.2023
Competition among blockchains to grab some of the RWA market, new lending pool from Credix that supports Colombian farmer, the first-ever tokenization under Spain’s new laws, how the U.K’s regulations may lead to the country becoming a tokenization hub, and more for the week ending July 27, 2023
Crypto Bill Advances Out of House Agriculture Committee
27.7.2023
The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did
CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC
27.7.2023
Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.
The association, which provides credentialing for chartered financial analysts, found that 66% of its members in India and 70% in China...
FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial
27.7.2023
Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchange FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange.
At a recent hearing, US District Judge Lewis Kaplan imposed a "gag order" on Bankman-Fried...
North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid
27.7.2023
North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid.
The attack, which happened on July 22, successfully drained funds from the company’s own reserves, while customer deposits were unaffected, CoinsPaid said in...
'Pro crypto bill' passes out of US House Agriculture Committee
27.7.2023
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties
South Africa’s Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members
27.7.2023
In a recent interview published on July 26, South Africa’s foreign minister Naledi Pandor highlighted the BRICS group of economies’ commitment to peace, asserting that these nations do not aim to “weaponize the oceans.” Moreover, leading up to the much-anticipated 15th BRICS...
Worldcoin Could Enable Wider Distribution of Crypto Than Even Bitcoin, Says CoinFund
27.7.2023
Worldcoin could onboard "billions of users" into crypto, said CoinFund
Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager
27.7.2023
The Morgan Creek Capital Management founder said that bitcoin will reach $300,000 by Bitcoin’s 2028 halving
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
27.7.2023
Stablecoins cannot be compared to bank deposits in terms of risk, nor can they be compared to money market funds, argues a new policy paper released by Paradigm
MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin with Up to 8% Reward
27.7.2023
The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year
Biggest Crypto Gainers Today on DEXTools – HUTAO, $PAAL, HOPPY
27.7.2023
Major blue chip cryptocurrencies for the most part remain within this week’s ranges, with bitcoin (BTC) in the low $29,000s and ether (ETH) in the mid-$1,800s, as traders continue to digest Wednesday’s Fed policy announcement.
The Fed lifted interest rates by 25 bps as expected to 5.25-5.5%, their...
Bitcoin price erases FOMC gains as US dollar surges on Q2 GDP print
27.7.2023
Bitcoin casts off a U.S. GDP "nothingburger" but DXY charges to two-week highs in what is traditionally a BTC price headwind
Suku May Beat Musk to Crypto Twitter Payment Adoption
27.7.2023
Last week, Web3 wallet Suku teamed up with Polygon to release a free open-edition NFT collection – during which users minted over 50,000 NFTs on Twitter
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
27.7.2023
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers
BTC20 Rivals Pepe Coin and Bitcoin in Google Trends, Next Crypto to Explode – Raises $3.4m as Sellout Looms
27.7.2023
The next crypto to explode, BTC20, rivals Pepe coin and bitcoin in Google Trends search terms data, and for many geographies is outperforming both of them as it blasts past $3.4 million in its presale.
In only nine days, BTC20, which runs on the Ethereum blockchain as an ERC-20 token, has raised...
Biggest Movers: SOL Nears $26.00 Resistance Level, MATIC Moves Away From Support
27.7.2023
Solana was once again in the green, with bulls pushing the token towards a key resistance level at $26.00. The move comes after yesterday’s 7% surge, however earlier gains have since declined, as U.S. gross domestic product (GDP) grew 2.4% as opposed to the 1.8% expectation for Q2. Polygon also...
Web3 Utility Coin LPX Secures $1.2 Million for Trading Alpha – Can it Find the Next Pepe Coin?
27.7.2023
When it comes to crypto investments, the hope is obviously always that a coin's price will increase over time. This hope, particularly prevalent for meme coins, comes from an economic principle known as the "Castle in the Air Theory". The theory, introduced by economist John Maynard Keynes...
RFK Jr: Bitcoin ‘Currency of Freedom’; Canadian Government Morphed Into ‘Monster’ During Trucker Protests
27.7.2023
The Democratic presidential candidate made the comments during a Twitter Spaces conversation with prominent Bitcoiners on Wednesday