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WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars
27.9.2024
It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8...
Global Rate Cuts Boost Bitcoin; But Gensler Says BTC Not a Security
27.9.2024
Bitcoin(BTC) is expected to see the best performance in history in September, thanks to global interest rate cuts,…
TRON DAO Unites With Global Community at TOKEN2049 Singapore
27.9.2024
PRESS RELEASE. Geneva, Switzerland – September 27, 2024 – TRON DAO united with the global blockchain community as a Title Sponsor at TOKEN2049 Singapore, the world’s largest Web3 conference, held at the Marina Bay Sands. At the conference, Dave Uhryniak, Community Spokesperson...
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
27.9.2024
Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday
Wrapped Bitcoin supplied on Aave hits record high despite backing fears
27.9.2024
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama
Middle East accounts for 7.5% of global crypto volume — Chainalysis
26.9.2024
According to the World Bank, less than 50% of adults in the Middle East and North Africa region had access to adequate banking services
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty
25.9.2024
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal...
Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding
25.9.2024
BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a vote from Sky community members. Sky Adviser...
JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’
25.9.2024
JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in light of rising tensions, including attacks on oil tankers and the ongoing Ukraine-Russia war....
Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse
24.9.2024
Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global...
Global Bitcoin Hashrate Moves to America Amid China’s Mining Ban
23.9.2024
In recent years, the global Bitcoin mining landscape has undergone a dramatic transformation. Once dominated by Chinese miners,…
How China’s Economic Slowdown Will Transform Global Trade, Expert Insights
23.9.2024
China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments...
Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030
22.9.2024
Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to the global financial system, potentially...
US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme
21.9.2024
A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). Using various online aliases, Kaura led a global network selling stolen payment...
Homnifi: Bridging Innovation and Global Support for Big Ideas
20.9.2024
In a world abundant with ideas, the primary challenge lies not in generating new concepts but in securing the necessary support to bring these ideas to fruition. Homnifi leads this transformation, facilitating the connection between startups, founders, and the resources required for success....
Harvard students launch 'New Bretton Woods Project' to fix debt crisis
19.9.2024
According to veteran trader Peter Brandt, the United States dollar has lost over 90% of its value since the 1950s due to inflation
Blackrock ‘Bitcoin Whitepaper’: BTC a ‘Unique’ Hedge Against Global Risks
19.9.2024
The Wall Street giant, BlackRock has released its Bitcoin Whitepaper calling it a unique hedge against global fiscal,…
LBank Announces Global Listing of Moo Deng Meme Coin, Surges 190% in First 24 Hours
19.9.2024
PRESS RELEASE. LBank is excited to announce that it is the first cryptocurrency exchange to globally list MOODENG(Moo Deng), a new meme coin, which has surged an impressive 190% within its first 24 hours. This global listing marks Moo Deng’s official entry into the cryptocurrency market...
Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
19.9.2024
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing...
MoneyGram and Stellar join CEX.io for global crypto cash conversions
18.9.2024
CEX.io’s collaboration with MoneyGram and Stellar offers users expanded cash-in and cash-out options through USDC conversion