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
Solana’s (SOL) price is set for a massive upside rally after facing significant selling pressure at its strong resistance level of $161. In the past few days, SOL has dropped by over 18% due to the overall bearish market sentiment and the recent price decline in Bitcoin (BTC). Trend Reversal Sign However, SOL’s daily chart...Read More
Decentralized Finance (DeFi) platform Penpie, built on the Pendle network, reportedly suffered a major exploit on September 3, 2024. According to the real-time on-chain monitoring system Cyvers Alert, the hack led to the loss of at least $26 million in various wrapped and synthetic crypto assets. Details of the Attack Emerge The security surveillance company...Read More
The X accounts of Lara Trump and Tiffany Trump were reportedly hacked Tuesday evening, resulting in fraudulent messages posted to promote a fake cryptocurrency token. The compromised accounts were used to falsely endorse a token allegedly linked to World Liberty Financial, a new crypto project recently promoted by members of the Trump family. Details of...Read More
In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to the TradFi community over the past five years, and it’s only now “dipping its toe into global finance.” He added that his firm, Cantor Fitzgerald, will help the traditional finance sector onboard Bitcoin as it...Read More
[PRESS RELEASE – WILLEMSTAD, Curacao, September 4th, 2024] BC.GAMEBC.GAME, the global iGaming leader, has announced a significant evolution in its brand journey with the launch of a comprehensive upgrade. The initiative features a revitalized visual identity, an enhanced user interface, and innovative product offerings, all designed to elevate its brand presence on the global stage....Read More
[PRESS RELEASE – Miami, Florida, September 4th, 2024] Floki is thrilled to announce a new partnership with OG Esports, aligning with Valhalla, an innovative play-to-earn metaverse game built on blockchain technology, designed to offer players a unique and rewarding gaming experience. Valhalla is an MMORPG that combines open-world exploration with strategic turn-based combat. Players can...Read More
John Deaton, a former Marine and prominent advocate for Ripple’s XRP, has emerged victorious in the Massachusetts Republican primary, securing his position as the GOP nominee for the U.S. Senate race. Following his victory, he will now face off against Democratic Senator Elizabeth Warren in the November elections. GOP Nomination According to a September 4...Read More
With the cryptocurrency market losing its status of $2 Trillion, top tokens have failed to hold the values above their crucial support zones. Following this, limelight categories have dropped significantly over the past few days. However, the ongoing market turmoil can turn out to be an excellent opportunity for top altcoins to outperform major cryptocurrencies...Read More
[PRESS RELEASE – Road Town, BVI, September 4th, 2024] Bitoro is thrilled to announce the upcoming launch of BitoroCore, a groundbreaking on-chain perpetual futures infrastructure, on the Elastic Chain, powered by ZKsync Bitoro, a decentralized perpetual futures trading platform, today announced that they will be launching BitoroCore, a ZK Chain built on the Elastic Chain...Read More
[PRESS RELEASE – Barcelona, Spain, September 4th, 2024] Venga has announced the launch of its versatile crypto app designed to make blockchain services accessible to millions. Targeted at the European market but available globally, the Venga mobile app is now listed on the App Store on iOS. The Venga app combines an advanced user experience...Read More
Bitcoin (BTC) has witnessed weak momentum over the past weeks, ranging between $55,000 and $65,000. The leading cryptocurrency has struggled to return to the $70,000 level, much less rallying to a new all-time high (ATH). Analysts at IntoTheBlock said BTC has been unsuccessful in its attempts to surge to a new peak because a large...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, September 4th, 2024] Since its official start at the end of July 2024, POPG has been focusing its efforts on nurturing a vibrant community of blockchain enthusiasts and people passionate about entertainment. Designed to solve real-world problems and offer a fresh take on how people engage with their...Read More
The prospects of Ripple Labs filing for an initial public offering have been discussed at large throughout the past couple of years. Brad Garlinghouse, the company’s chief executive officer, spoke today at a fireside chat at Korea Blockchain Week, which is currently held in Seoul. Ripple IPO in the US? Speaking at the conference, Garlinghouse...Read More
Stock markets and crypto assets are in meltdown mode again, as billions have been wiped out over the past day. The “Magnificent 7” high-flying tech stocks have erased $550 billion in market capitalization on Sept. 3. The group includes Google parent Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla, which have outpaced the rest of the...Read More
Richard Teng has publicly condemned the Nigerian government over what he describes as the “inhumane treatment” of Tigran Gambaryan, the company’s Head of Crime Compliance, who has been detained in the West African country for the past six months. Teng’s statement comes in response to a recently surfaced video that shows Gambaryan in visible distress...Read More
Bitcoin has historically been bearish in September, and it seems that this year will be no different. This morning, Bitcoin fell another 4.46%. On August 24, BTC climbed back up to $65,000 and consolidated in that zone for two days. Since its decline started on August 26, it signals that September will likely be another...Read More
The U.S. Securities and Exchange Commission has levied another set of charges against Galois Capital – a crypto-focused advisory firm that custodied client assets at FTX. For its actions, Galois agreed to pay a civil penalty of $225,000, which will be distributed to harmed investors of the fund. Charged For Losing Money In FTX Per...Read More
Ripple has announced that South Korea’s Yonsei University is the latest to become a partner in its University Blockchain Research Initiative (UBRI) program. This new collaboration with the popular South Korean academic institution brings Ripple’s global UBRI partnerships to 58, with 12 of them located in the Asia Pacific region. Yonsei University will engage in...Read More
