KIP Protocol’s $10m DAO Proposal Approved to Transform Education for 250 Million Students Globally
PRESS RELEASE. Singapore, 7 August 2024 – KIP Protocol, the Web3 base layer for AI, announces the unanimous approval of...
Bitcoin News
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national...
Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According...
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this...
Fake Crypto Recovery Service Operator Arrested and Charged
The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network...
JPMorgan Sees ‘Buy the Dip’ Opportunity After Market Selloff
Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts...
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by...
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets...
Immunefi Report Reveals Alarming 112% Rise in Crypto Hacks and Frauds in Q2 2024
Popular bug bounty platform Immunefi has found that the global cryptocurrency ecosystem suffered increased hacks and frauds in the second...
Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of...
Binance Hit With $87 Million Tax Bill in India
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in...
Meme Coin Prices Rebound as Brett, Pepe, Base Dawgz See Big Gains
Meme coins have made a dramatic comeback in the past 24 hours. After a brutal downturn, these tokens are on...
US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to...
US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact
On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added,...
Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’
Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed...
