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In August 2024, sales of non-fungible tokens (NFTs) fell to $374 million, marking the lowest monthly total of the year and the first time sales have dipped below $400 million in 2024.

Centralized crypto exchanges (CEXs) witnessed a notable 13.7% rise in legitimate spot trading volume in August, reaching $877.5 billion.

OKX has recently secured a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its operations in the region.

Metaplanet Inc., now recognized as Japan’s equivalent to MicroStrategy, has forged a key partnership with SBI Group, known for its involvement with Ripple Labs in the cryptocurrency sector.

A recent submission by the SEC cautions FTX that the agency may oppose any efforts to repay creditors using stablecoins or other digital currencies.

The Solana-based platform Pump.fun has achieved $100 million in revenue just eight months after its launch, marking a notable success in the memecoin space.

An increasing number of US banks are being accused of deceptive practices aimed at generating substantial profits at the expense of their customers.