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Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
17.9.2024
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half...
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising...
Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle
17.9.2024
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds...
Trump-Themed Meme Coins Spike Following Former President’s X Interview
17.9.2024
After former President Donald Trump and his family introduced World Liberty Financial (WLF) during an X Spaces interview, meme coins inspired by Trump have enjoyed a notable rise in value over the past 24 hours when compared to the U.S. dollar. Political Meme Coins Surge After Trump Slams Kamala...
Prediction Market Limitless Raises $3M in Pre-Seed Round Led by 1confirmation
17.9.2024
PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc...
Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark
17.9.2024
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs...
Memebet Token GambleFi Presale Enjoys Successful First Week, Could it Give 500x Gains Like Rollbit?
17.9.2024
A new meme coin is catching investors’ attention this week. Memebet (MEMEBET) is putting a crypto twist on online gambling, aiming to combine the popularity of meme coins with the buzz of digital casinos. And with nearly $250,000 raised in the presale’s first week, one popular analyst...
Trump’s World Liberty Financial Crypto Venture Reveals WLFI Token Structure
17.9.2024
Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team, including the Trump family, and 63% for public sale....
More Analysts Predict Gold Prices Could Reach $3,000 by 2025
17.9.2024
The recent surge in gold prices to record highs has made analysts consider that the precious metal could register even higher levels during this and the next year. Some are even predicting that prices might reach the $3,000 mark, driven by even stronger central bank demand and incoming rate cuts....
Bitcoin.com Selects MoonPay as Exclusive Payments Partner
17.9.2024
Bitcoin.com, a pioneer in the cryptocurrency space since 2015, today announced an exclusive partnership with MoonPay to power payments for the platform’s 50+ million wallets. The agreement guarantees MoonPay as the only payments provider facilitating the buying and selling of Bitcoin and other...
Experience A Gaming Experience Built By Gamers For Gamers At Thunderpick
17.9.2024
Thunderpick is a crypto betting and casino platform created by gamers for gamers. Now a leading name in esports betting, it hosts an annual $1 million tournament and partners with top-tier team HEROIC. With hundreds of esports and sports markets to bet on, plus a massive library of over 3,000...
Capstone Technology Gets $5.4M for GAYA Blockchain Project
17.9.2024
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological...
USDT Reaches $1 Billion Authorized Issuance on TON
17.9.2024
Tether’s USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However, TON clarified that only $720.6 million was...
TaskBunny Releases Its Meme Token with Real Utility and Unstoppable Viral Power
17.9.2024
PRESS RELEASE. Dubai, UAE – September 17, 2024 – TaskBunny is excited to announce its official launch and introduce a game-changing feature, the Proof of Post. The company proudly presents the world’s first meme token with tangible utility. It has been designed to promote viral...
Police Warn of Bitcoin Scam Threatening to Expose Private Information
17.9.2024
Hillsborough and Campbell, California, residents have been alerted to a new email scam, according to local police departments. Scammers are sending emails containing personal details and photos of victims’ homes, threatening to release private information unless they pay $2,000 in bitcoin....
Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes
17.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups...
Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project
17.9.2024
Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio...
UN Chief: Unregulated AI Threatens Democratic Systems
17.9.2024
UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote responsible use. Guterres noted AI’s potential...
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
17.9.2024
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners,...
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
17.9.2024
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools...