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Digital Asset Investment Products Experience Second Consecutive Week of Outflows, Totaling $206M
22.4.2024
Digital asset investment products have faced another week of outflows, marking the second consecutive week of declining investor interest.
The post Digital Asset Investment Products Experience Second Consecutive Week of Outflows, Totaling $206M appeared first on Cryptonews
Woo X Introduces Tokenized US Treasury Bills for Retail Investors
22.4.2024
Woo X has launched a new product offering retail customers exposure to tokenized U.S. Treasury bills, the first of its kind for a cryptocurrency exchange. The product, called RWA Earn Vaults, was developed with London-based Opentrade and provides an interest-bearing account backed by U.S....
ZKasino Faces Controversy for Moving $33M in Investor and User Funds to Lido Staking Protocol
22.4.2024
ZKasino, a blockchain-based gambling project, has found itself at the center of a heated controversy after it abruptly shifted $33 million worth of investor and user funds to the staking protocol Lido.
The post ZKasino Faces Controversy for Moving $33M in Investor and User Funds to Lido Staking...
Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles
22.4.2024
Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the “Unseen City Shirts” digital collectible...
Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
22.4.2024
The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade
Thailand Set to Block Access to Unlicensed Crypto Platforms
22.4.2024
Thailand is poised to restrict access to unauthorized crypto platforms. The move is driven by concerns over law enforcement effectiveness and the potential for money laundering.
The post Thailand Set to Block Access to Unlicensed Crypto Platforms appeared first on Cryptonews
FTX Estate Plans Auction for Locked Solana Tokens
22.4.2024
Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision follows FTX’s recent sales of SOL tokens...
Thailand to Block Access to 'Unauthorized' Crypto Platforms
22.4.2024
Authorities in Thailand have decided to block "unauthorized" crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said
China Issues Warning to its Citizens in Angola Involved in Crypto Mining
22.4.2024
China’s blanket ban on crypto mining, followed a mass exodus of miners to various African nations including Angola.
The post China Issues Warning to its Citizens in Angola Involved in Crypto Mining appeared first on Cryptonews
Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says
22.4.2024
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said
Latam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires
22.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil bans the use of cryptocurrency for gambling-related payments, and Worldcoin faces fines for alleged abusive behavior in Buenos Aires. Brazil Passes...
Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining
22.4.2024
The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of virtual currency schemes that exploit users’ aspirations...
Tether Expands to TON Blockchain With $60M USDT Launch
22.4.2024
Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration also introduced the gold-pegged Tether Gold (XAUT)...
Melania Trump Unveils Personalized Mother’s Day Jewelry Plus Solana NFT
22.4.2024
Former First Lady Melania Trump has announced a customizable $245 necklace, “Her Love & Gratitude,” to celebrate Mother’s Day on May 12, 2024; the necklace comes with a flower pendant, an adjustable chain, and options for personalization with names, initials, or dates. Buyers...
Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users
22.4.2024
Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among...
Bitcoin Futures Demand Blows up in Brazil: 7,400 Contracts Traded on Launch Day
22.4.2024
The first bitcoin futures contracts listed on B3, the stock exchange in Brazil, experienced significant interest from investors on debut day. According to a note delivered by the stock operator, 7,400 bitcoin futures contracts were traded, with the instrument reaching a peak of 111,000 orders...
Solana Developers Deploy Fixes to Mainnet to Address Network Congestion
21.4.2024
Solana developers have successfully pushed a series of fixes to address network congestion issues. On April 15, Solana urged validators to update to v1.17.31, a version that changes how certain validators are treated depending on their stake. Further fixes will be shipped in the coming weeks...
NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market
21.4.2024
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This...
Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply
21.4.2024
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin...
Meme Coins Outperform Broader Crypto Market With Notable Gains
21.4.2024
In the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day’s top performer, climbing 41.8%, while FLOKI saw an 18.7% increase. Top Meme Coins Register Impressive Gains As of April 21, 2024, the meme coin...