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Tether to Launch USDT Stablecoin on Aptos Blockchain
20.8.2024
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for...
AI Depin Project Grass Concludes Closed Beta and Outlines Airdrop Details
20.8.2024
Grass, a depin AI web crawling project, has announced the end of its closed beta phase and outlined the requirements that users must fulfill to be eligible for an upcoming airdrop. The project announced that it will provide more details about the distribution of its token rewards, but that weighted...
Whales Dive into Intel Markets While XRP Surges and ARB Struggles
20.8.2024
Intel Market (INTL) has recently entered the ocean of cryptocurrencies and is quietly making quite big splashes. However,…
Private transactions now dominate Ethereum order flow — report
20.8.2024
Private orders consume more than 50% of gas used on Ethereum, according to Blocknative
Russian Finance Minister Discloses That Over 90% of Bilateral Trade With China Is Settled Outside the U.S. Dollar System
20.8.2024
Anton Siluanov, the Russian Finance Minister, pointed out that a majority of the bilateral trade with China is being conducted outside the U.S. dollar system. He stressed that over 90% of these transactions have been completed using national currencies (rubles and yuan) due to the risks associated...
Bitcoin Death Cross: A Buying Opportunity for ETFSwap (ETFS)?
20.8.2024
According to a crypto analyst, the Bitcoin (BTC) price chart is currently printing a bearish death cross, signaling…
DTX Exchange: A 10x Crypto Opportunity While ADA and AVAX Plummet
20.8.2024
DTX Exchange (DTX) has emerged as one of the best projects in 2024, with new updates scheduled for…
Beat crypto airdrop bots, Illuvium’s new features coming, PGA Tour Rise: Web3 Gamer
20.8.2024
Illuvium founder asks: Where are all the new Web3 Games? NFT allowlist to eliminate gaming bots, official PGA golf tour game. Web3 Gamer
Upbit Adds USDT Trading Pairs For Meme Coins BRETT and PEPE
20.8.2024
South Korea’s largest crypto exchange, Upbit, has announced the addition of USDT trading pairs for two popular meme…
Nigerian SEC to issue crypto platform licenses as market size grows: Report
20.8.2024
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading
Spot Bitcoin ETFs See $61.98M Inflows on Monday as Ether ETFs Struggle
20.8.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $61.98 million, while spot ether ETFs experienced net outflows totaling $13.52 million. Among the 12 BTC ETFs, Blackrock was the standout performer, while Grayscale’s Mini Ethereum Trust led the gains in the ETH...
Latam Insights Encore: El Salvador Bitcoin’s Allure Might Help Bukele Reactivate the Country’s Economy
20.8.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities of making Bitcoin an important part of the proposed economic overhaul plan of El Salvador. Latam Insights Encore:...
Daily Crypto Update: Market Gains Control as Top Coins Rejoice
20.8.2024
After a brief slump period, the overall crypto market is finally showing some life. The market started the…
Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap
20.8.2024
EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy & Policy, the stablecoin has experienced significant growth, registering a 36% increase in...
Ethereum Whale Accumulates Toncoin and RCO Finance Priced at $0.034
20.8.2024
Confidence in Toncoin (TON) is reportedly on the rise, as recent reports reveal an Ethereum whale acquiring a…
China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’
20.8.2024
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019.
Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda
20.8.2024
While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala Harris’s campaign might be eyeing Gary Gensler, the current head of the U.S. Securities...
Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
20.8.2024
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS...
Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them
20.8.2024
OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain’s fault-proof system. While some high-severity vulnerabilities were encountered during...
Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts
20.8.2024
Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could be reached as soon as next year if geopolitical...