Others News

Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.

Tether, the leading stablecoin issuer, is set to launch a new digital currency tied to the UAE dirham (AED).

Robinhood has added new trading features to its Android app, now offering stop-loss and stop-limit orders for cryptocurrency transactions.

State Street has announced a strategic partnership with crypto custodian Taurus to enhance its offerings in tokenization and digital custody services for institutional investors.

The independent presidential campaign of Robert F. Kennedy Jr., known for his pro-crypto stance, is considering a major change.

Blast Network, an Ethereum layer-2 scaling solution, is experiencing significant setbacks, with major declines in both its total value locked (TVL) and daily active users, raising doubts about its long-term viability.

Justin Sun, the founder of Tron and a prominent figure in the cryptocurrency realm, is once again capturing attention.

Mango Markets is negotiating a potential settlement with the U.S. Securities and Exchange Commission (SEC) over claims of breaching securities regulations.

Crypto fund manager Bitwise is entering a new continent for the first time with the acquisition of London-based ETC Group, the company announced Monday.

Gary Gensler, the current head of the U.S. Securities and Exchange Commission (SEC) known for his critical stance on cryptocurrencies, could become Treasury secretary if Vice President Kamala Harris wins the upcoming presidential election, according to a report by the Washington Reporter on Monday.

Gate.io’s investment arm, Gate Ventures, has partnered with Abu Dhabi’s Blockchain Center to create a new $100 million fund, named Falcon Gate Ventures, aimed at advancing Web3 technologies.

The National Bank of Ras Al Khaimah (RAKBANK) has joined forces with Bitpanda Technology Solutions to launch a new digital asset management platform for UAE residents.

Crypto strategist Michaël van de Poppe believes the digital asset market is nearing the end of its extended correction phase.

Vitalik Buterin, co-founder of Ethereum, has recently registered a new Ethereum Name Service (ENS) domain: “dacc.eth.”

Robert Kiyosaki, author of ‘Rich Dad Poor Dad,’ has recently turned his attention to the banking system, issuing a stark warning on August 18 through his social media platform.

A former JPMorgan employee is facing disciplinary action from the Financial Industry Regulatory Authority (FINRA) for alleged breaches of regulations.

Charles Hoskinson, the founder of Cardano, has announced a $1 million challenge to the ADA community.

A new report reveals that 94 U.S. banks are at high risk of facing bank runs from uninsured depositors if they show signs of financial instability.

Turkey recently expanded its list of licensed crypto exchanges, adding major players such as Coinbase, KuCoin and Gate.

BlackRock, recognized as a leading global asset manager, recently reached a significant milestone:

Germany’s Federal Office for Information Security (BSI) has advised cryptocurrency users to protect their digital assets using hardware wallets.

Donald Trump’s latest financial report reveals he owns around $5 million in cryptocurrencies and has earned over $7 million from NFTs through a deal with NFT INT.

Bitdeer Technologies Group, a Singapore-based cryptocurrency mining company, has proposed a $150 million public offering of convertible notes set to mature in 2029.

Malaysia is integrating Worldcoin’s iris scanning technology into its digital systems, a major step in the country’s digital transformation.

Chaos Labs, a New York-based company specializing in risk management for decentralized finance (DeFi), has secured $55 million in an oversubscribed Series A funding round.

Bybit has expanded its operations to Argentina, becoming a licensed Virtual Asset Service Provider (VASP) and card operator.

Chinese regional banks, once vital for processing Russian payments, are now rejecting these transactions due to concerns about secondary sanctions.

On Thursday, the International Monetary Fund (IMF) suggested raising electricity taxes for cryptocurrency miners by as much as 85% to address global carbon emissions.

Michael Burry, renowned for his 2008 financial crisis forecast, has sold off his entire investment in the Sprott Physical Gold Trust ($PHYS), which had gained 23% over the past six months.

Dennis Kelleher, CEO of Better Markets, has predicted a 90% likelihood that the U.S. Securities and Exchange Commission (SEC) will ultimately prevail in its appeal against Ripple.

Analyst Jason Pizzino is exploring whether the cryptocurrency market might see further declines.

Binance, the leading global cryptocurrency exchange, has reached a settlement with Brazil’s Securities and Exchange Commission (CVM) involving a payment of 9.6 million reais (approximately $1.76 million).

Ethereum co-founder Vitalik Buterin recently announced that he has donated all the animal-themed memecoins he received last year to charity.

Circle’s CEO, Jeremy Allaire, has emphasized the need for a definitive stance on cryptocurrency from Kamala Harris, the Democratic presidential nominee.

Singapore’s central bank, the Monetary Authority of Singapore (MAS), is spearheading an initiative with banks and technology firms to evaluate Quantum Key Distribution (QKD) as a defense against the potential threats of advanced quantum computing.

Binance, a major crypto exchange, has reappeared on India’s Google Play Store and Apple’s App Store after a seven-month ban for failing to comply with local regulations.

In an exclusive interview with the New York Post, Eric Trump, executive vice president of the Trump Organization, highlighted the potential of cryptocurrency, describing it as “digital real estate” that offers fair and immediate access to financial services.

Head of Fidelity’s Digital Asset Management, Cynthia Lo Bessette, hinted at new digital asset products like stablecoins and tokenized Treasury bonds.

Russia is back in the spotlight after recent issues with the Libyan dinar, which Libyan officials attribute to a surge in counterfeit bills reportedly linked to Russia.

CoinShares recently analyzed how the upcoming US elections could impact the cryptocurrency industry.

Exodus, the cryptocurrency wallet service, saw a notable surge in revenue for Q2 2024, reporting an 80% increase year-over-year to $22.3 million.

In July, global gold exchange-traded funds (ETFs) saw their largest inflows since April 2022, according to a report by Ernest Hoffman for Kitco News.

As of August 13, Tether (USDT) balances on crypto exchanges reached a record high of $20.339 billion, signaling that investors may be preparing to channel them into other cryptocurrencies ahead of the U.S. Federal Reserve’s upcoming interest rate decision in September.

Coinbase, the largest publicly traded crypto exchange in the US, has reestablished its presence in Hawaii after a seven-year hiatus.

MetaMask, a leading self-custodial wallet for Ethereum, is debuting a new blockchain-based debit card in partnership with Mastercard and Baanx.

Probably the most important U.S. inflation indicator, the Consumer Price Index (CPI), just came out.

Riot Platforms has increased its stake in Canadian Bitcoin mining company Bitfarms Ltd. to 18.9%, thereby strengthening its influence over the company.

Crypto.com has made headlines as the first cryptocurrency platform to secure an exclusive deal with the UEFA Champions League.

Hamster Kombat, a rising star in the crypto gaming arena, has surged to over 300 million users and made headlines with its record-breaking HMSTR token airdrop.

Chun Wang, the founder and CEO of the renowned bitcoin mining pool f2pool and blockchain validator firm Stakefish, will lead an unprecedented human spaceflight mission to fly over the North and South Poles, orchestrated by SpaceX.

Bitget Wallet, the self-custodial crypto wallet from the Bitget exchange, has outpaced MetaMask in app downloads for July 2024.

Ark Invest, led by Cathie Wood, has significantly increased its stake in Robinhood by purchasing 45,792 shares, valued at over $800,000, during a recent market downturn.

Coinbase is intensifying its legal battle with the Securities and Exchange Commission (SEC), seeking key documents through a discovery request that the SEC has been blocking.

In Q2 2024, crypto startups saw a slight rise in venture capital funding, despite fewer deals, according to Pitchbook.

In 2024, the stock market has been influenced by two opposing trends: the S&P 500’s strong performance driven by major tech companies and growing recession concerns fueled by fears of an AI bubble, high interest rates, and escalating national debt.

Shobhit Maini, Citigroup’s global head of digital assets, has stepped down from his position after over 14 years with the bank.

On Monday, Elon Musk and former President Donald Trump held a highly anticipated interview, tackling various subjects including inflation, trade, and nuclear energy.

A well-known economist who previously forecasted signs of economic strain in the U.S. by mid-2024 now anticipates a severe collapse in the cryptocurrency market.

Euler, a DeFi lending protocol, has finalized an extensive security review for its upcoming Euler v2 protocol, backed by a $4 million investment from Euler DAO.

According to a recent Bernstein report, Kamala Harris’ unexpected lead over Donald Trump in presidential polls seems to coincide with a decline in Bitcoin prices.