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Latam Insights — Argentina to Complete IMF Payment With Chinese Yuan, Bolivia Also Using China’s Currency for International Settlements
31.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina is likely to settle part of a payment to the International Monetary Fund (IMF) using the Chinese yuan, Bolivia is already making payments using...
Ethereum's 8th birthday: Crypto industry shares its top moments
31.7.2023
Today marks eight years since the Ethereum Foundation first announced the rollout of its network
UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms
31.7.2023
Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....
First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return
31.7.2023
An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What's behind Russia's mining boom?
$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan
31.7.2023
Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...
Bitcoin Dips Below $29.2K After Curve Exploit but Continues Its Range-Bound Ways; ETH, SOL, MATIC Sink
31.7.2023
BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit
Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
30.7.2023
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts...
InQubeta steals the spotlight as AI crypto leader, leaving Chainlink in the dust
30.7.2023
The InQubeta (QUBE) project has emerged as the top cryptocurrency linked to artificial intelligence (AI). Its presale has already raised over $1.8 million in token sales as investors rush toward a project that provides more real-world value than most cryptocurrencies. The success of the InQubeta...
BALD Coin Hits $70M Market Cap In 24 Hrs - What's The Next Base Chain Crypto To Explode?
30.7.2023
New coin 'BALD' launched this weekend on Coinbase's new chain, Base - and exploded to as high as a $70 million market cap in less than 24 hours, on LeetSwap decentralized exchange.
Since its July 29 listing at 21:00 UTC, $BALD token rose over 4 million percent, before a correction.
Not yet having...
Crypto․com Granted Registration Approval in the Netherlands
30.7.2023
Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform...
Crypto community reacts to Barbie star saying Bitcoin talk exudes Ken energy
30.7.2023
Michael Saylor, Layah Heilpern and Steven Lubkha were among those in the crypto community that took an interest in what Australian actress Margot Robbie had to say about Bitcoin
World’s Largest Web3 Event TOKEN2049 Singapore Hits 300 Sponsor Milestone, Announces New Headline Speakers
30.7.2023
PRESS RELEASE. SINGAPORE — 30 July 2023 — TOKEN2049, Asia’s premier Web3 and crypto conference, announced a slate of prolific title sponsors and headline speakers for its upcoming Singapore edition. With just 50 days to go in the countdown, TOKEN2049 will take place from 13-14 September 2023...
US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto
30.7.2023
The U.S. House Committee on Financial Services has passed the Keep Your Coins Act of 2023 to protect the self-custody of crypto. “Those attacking self-custody oppose individual freedom. They want someone they control to control your assets,” said Congressman Warren Davidson who introduced the bill....
SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’
30.7.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds...
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
29.7.2023
Crypto legislation goes to the House floor in the U.S., Worldcoin’s controversial launch and Russia’s digital ruble signed into law
Pegasus Token Rockets Up 1,000% in 24 Hours But Crypto Whales Are Accumulating This Other Coin Before It Lists on Exchanges - What Do They Know?
29.7.2023
The crypto market is holding off the bears and has continued to post bullish signals. So far, the nascent industry has surged 0.21%, hitting $1.18 trillion, with several altcoins seeing remarkable increases as a result.
One standout performer in the past 24 hours is the PEGASUS token, which...
Bank Policy Institute Supports Elizabeth Warren's Push for Stricter Crypto Rules
29.7.2023
The Bank Policy Institute (BPI), an organization that advocates for the banking industry in the US, has publicly backed Senator Elizabeth Warren's efforts to tighten regulations for cryptocurrencies.
Warren, along with three other senators, has recently reintroduced the Digital Asset Anti-Money...
X’s ad revenue sharing: Crypto payments on the horizon?
29.7.2023
Should Elon Musk’s platform choose to introduce crypto payments in the future, Stripe’s on-ramp service could prove beneficial
Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
29.7.2023
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet
Worldcoin stuck after 70% drop from peak — More downside for WLD price?
29.7.2023
WLD price may get anchored to $2 until October primarily due to its initial supply distribution