Crypto holders in Europe will now be able to spend their crypto almost anywhere from the safety of their self-custodial wallets thanks to a new payment card from Mastercard. Mercuryo, a fintech platform for web3 firms, announced its collaboration with the payments provider on Thursday to launch “Spend” – a multi-chain crypto card and Mastercard...Read More
A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is reserved for insiders, including founders, team members, and service providers. The white paper also shows that WLFI will not be transferable until there’s regulatory clarity for such tokens. Token Allocation Former U.S. President Donald Trump...Read More
The Core Foundation announced Thursday that it is launching a liquid staking token backed by BTC on the Bitcoin-backed Layer 2 “Core” network. The token, named LstBTC, will be an ERC-20 token pegged 1:1 with BTC, that also accrues daily awards for holders. Liquid Staking On Bitcoin According to Core DAO, staking rewards will be...Read More
In this ongoing market sell-off, WazirX exploiter and Ethereum foundation have moved millions worth of Ethereum (ETH) and made the sentiment more bearish. Recently, the on-chain security firm CertiK Alert made a post on X (previously Twitter) that the exploiter transferred a significant 3,000 ETH worth $7 million to TornadoCash. WazirX Hacker Shifting Millions of...Read More
The Runes protocol has hit a major milestone, surpassing 50 million inscriptions less than five months after its launch on the Bitcoin network. According to a tweet by the market intelligence platform IntoTheBlock, the milestone indicates continued usage despite the initial hype fading. Runes Exceed 50M Minted Tokens Runes is a Bitcoin token standard enabling...Read More
[PRESS RELEASE – Palo Alto, California, United States, September 5th, 2024] AI-driven platform detects fraud at its earliest stages, preventing billions in potential crypto losses As scams grow more sophisticated and increasingly target crypto for laundering billions in losses, CUBE3.AI is pioneering a new era in fraud prevention. Today, the company announced major enhancements to...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, September 5th, 2024] After successful launches on other major networks, AUSD has deployed on Sui, tapping into the scalable, high-performance network and strengthening Sui’s stablecoin ecosystem. Agora, the stablecoin company led by early-stage finance and technology industry veterans Nick van Eck, Drake Evans, and Joe McGrady, has launched...Read More
The U.S. Commodity Futures Trading Commission (CFTC) has fined Uniswap Labs $175,000 for unlawfully offering leveraged and margined retail commodity transactions in digital assets. It marks the latest regulatory crackdown on the decentralized finance (DeFi) sector. Key Details of the Case In a September 4 statement addressing the matter, the agency said Uniswap facilitated illegal...Read More
Sell when others are greedy and buy when they are fearful, right? Should Warren Buffett’s advice be true, then the current landscape around three popular altcoins could suggest upcoming bullish rallies for all. According to Santiment, traders have picked 1inch, Tron, and Stellar to short lately, which could provide buying opportunities for investors. 1Inch, Tron,...Read More
The Future Forward USA PAC, which supports Vice President Kamala Harris’ presidential campaign, is now accepting crypto donations through Coinbase Commerce. This comes after a clarification following comments made by one of the company’s executives that initially caused confusion. Coinbase Clarifies Misstatement During Citigroup’s 2024 Global TMT Conference in New York this week, Coinbase Chief...Read More
Bitcoin has faced intense selling pressure recently, with its price dropping sharply below $54,000 in August. This notable downturn is primarily driven by significant selling activities from institutional investors, a trend that has left the cryptocurrency market in a state of flux. Institutional Sell-Off Hits Bitcoin Hard According to Wise Advice, a prominent crypto influencer,...Read More
The landscape around the spot Bitcoin ETFs in the US has changed dramatically since a few weeks ago when investors showed significant demand. Current data shows six consecutive days of consistent outflows, with September 3 being the worst in terms of flows since May 1. Spot Bitcoin ETFs Deep in Red US investors’ behavior regarding...Read More
