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Microstrategy Acquires 7,420 Bitcoin, Firm Now Holds 252,220 BTC
20.9.2024
Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $458.2 million at an average price of $61,750 per coin. The company now holds 252,220 bitcoin, purchased for roughly $9.9 billion at an average price...
Solana Mobile Unveils Seeker, Its Next Web3 Focused Phone
20.9.2024
Solana Mobile unveiled its next Web3 Phone, the successor to the Solana Saga, its first product. The phone, referred to previously as “Chapter 2,” is now called the Seeker, and has been confirmed to feature a 6.36” display, with 128GB of storage and 8GB of RAM, “a longer...
Crypto.com Gets Bahrain License, Amber Group Approved in Dubai
20.9.2024
Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list...
Blockchain Industry Players Launch MiCA Crypto Alliance in the EU
19.9.2024
The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA)...
Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin
19.9.2024
Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which...
China’s Anti-Crypto Policies Threaten to Ripple Through Its Gaming Market
19.9.2024
Chinese authorities’ recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP’s Hugh Harsono argues that these measures may affect games like Metacene, which has introduced cryptocurrencies as in-game...
US Lawmaker Urges Release of Jailed Binance Employee
19.9.2024
A U.S. lawmaker is calling for the release of a detained Binance executive in Nigeria. Representative James Hill believes the executive, Tigran Gambaryan, has significantly contributed to combating cybercrime in the U.S. and should not be abandoned. Hill expressed concern that the continued...
DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024
18.9.2024
DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies...
Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
18.9.2024
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to the Federal Open Market Committee (FOMC) press...
NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles
18.9.2024
Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both physical and digital collectibles. Among...
Bitgo to Launch USDS Stablecoin in January 2025
18.9.2024
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The stablecoin will be backed by U.S. Treasury bills...
BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges
18.9.2024
BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more...
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...
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....
Azuki NFT Creator Chiru Labs Buys Anime.com to Expand Digital Footprint
16.9.2024
Chiru Labs, the creator of the Azuki non-fungible token (NFT) collection, has acquired the domain Anime.com as part of its strategy to deepen its involvement in the anime world. This move is seen as an effort to expand their digital footprint and integrate more closely with the anime community....
Defi Platform Delta Prime Loses $4.9 Million in Hack
16.9.2024
According to Cyvers, Delta Prime, the decentralized finance (defi) platform, lost just over $5.9 million after a hacker took control of a private key on Sept. 16. Detailing the incident, Meir Dolev, the CTO of Cyvers, said the hacker initiated the attack by taking control of a wallet that is...
Degods NFT Creator De Labs Launches Memecoin to Transform Non-Fungible Tokens
16.9.2024
De Labs has announced the launch of their new crypto token, $DEGODS, aimed at unifying digital assets within the Dust Labs non-fungible token (NFT) ecosystem. The $DEGODS token, powered by the Solana blockchain, is available for conversion to investors holding $dust, Degods, and y00ts NFTs. While...
Argentine Exchange Ripio Announces Defi Credit Card
16.9.2024
Ripio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for purchases. The card, currently in the testing phases, will not sell the cryptocurrencies owned...
Bit2me Secures Virtual Asset Service Provider License in Argentina
15.9.2024
Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory standards, providing confidence to both investors...
HTX Integrates Lightning Network for Faster Bitcoin Payments
15.9.2024
HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform, significantly reducing transaction times...