Author: Emma Davis

Article written by Emma Davis

Kamala Harris now accepts crypto donations through Coinbase Commerce

September 5, 2024 2 mins read

Kamala Harris’s presidential campaign has initiated the acceptance of crypto donations through Coinbase Commerce, a platform established in 2018 that facilitates merchants in processing crypto payments. This initiative indicates a possible change in Democratic perspectives on crypto, as past positions from the Biden administration were less favorable towards the crypto business. Historically, Democrats have exhibited restrained enthusiasm towards bitcoin, particularly under President Joe Biden’s tenure, as he has exercised caution

South Korea’s FSS plans to inspect korean-won-based and other crypto exchanges for illicit activities

September 3, 2024 1 min read

In 2024, there has been a significant increase in activity within the global crypto regulatory industry, as prominent countries such as the US and UK have implemented new strategies. The Financial Supervisory Services (FSS) of South Korea has declared its intention to conduct inspections on two cryptocurrency exchange platforms, including Upbit, Bithumb, Coinone, Gopax, and Korbit, which are all domiciled in South Korea and operate using the Korean Won currency.

Telegram earns $148M from crypto in 2023, but still faces over $100M in losses

September 2, 2024 1 min read

Telegram, a messaging app, has experienced a substantial rise in its earnings from Bitcoin, namely due to its incorporation with the TON blockchain. In 2023, Telegram earned a total of $148 million from its involvement in cryptocurrencies, with $130 million coming just from its integrated wallet services. In September 2023, the company introduced a self-custodial wallet that enables users to directly manage, trade, and store their crypto within the app.

Coinbase completes the first-ever AI-to-AI cryptocurrency transaction

September 2, 2024 1 min read

Coinbase, the leading crypto exchange in the United States, accomplished the inaugural artificial intelligence (AI) to AI cryptocurrency transaction on August 30, 2024. This event emphasizes the increasing importance of AI in decentralized finance (DeFi) and its capacity to revolutionize transactions. Coinbase employed the Base Sepolia Network, renowned for its capacity to handle large amounts of data and its cost-effectiveness, to execute this innovative transaction. Through the utilization of Multi-Party

An early SHIB investor swaps $3.5 million Shiba Inu tokens for $FET

August 31, 2024 1 min read

A Shiba Inu (SHIB) investor who got in early has modified their investing approach by exchanging a substantial portion of their SHIB holdings for Fetch.ai (FET). Their objective is to take advantage of the recent increase in FET’s worth while mitigating the ongoing losses incurred from SHIB. The whale had previously accumulated substantial earnings from its initial participation in Shiba Inu, amassing $145 million in gains from trades executed between

BlackRock launches its Ethereum ETF on Brazil’s B3 stock exchange

August 30, 2024 1 min read

BlackRock has introduced its Ethereum Exchange-Traded Fund (ETF) with the ticker symbol ETHA39 on Brazil’s B3 stock exchange. This enables Brazilian investors to gain exposure to Ethereum by investing in Brazilian Depositary Receipts (BDRs). This action represents a noteworthy advancement in the worldwide use of crypto, establishing Brazil as a leader in this emerging phenomenon. ETHA39 is a Brazilian extension of BlackRock’s iShares Ethereum Trust (ETHA) that enables investors in

Nasdaq seeks SEC approval to launch Bitcoin index options

August 28, 2024 1 min read

Nasdaq, a prominent American stock exchange operator, is seeking US regulators’ approval to introduce options based on a Bitcoin index. The suggested Bitcoin Index Options will utilize the CME CF Bitcoin Real-Time Index (BRTI), created by CF Benchmarks. This index follows BTC futures and options contracts on the CME Group’s platform. If authorized, the available choices will encompass European-style exercise and cash settlement. The ultimate settlement value will be determined

Wazirx exchange to allow users to withdraw up to 66% of their INR balances in two phases

August 25, 2024 1 min read

WazirX, an Indian cryptocurrency exchange, has stated that those who are not involved in the platform may intentionally delay its restructuring process to benefit themselves instead of seeking a solution. Following a significant security breach on July 18, resulting in losses of over $230 million and the suspension of withdrawals and trading, WazirX has launched a comprehensive reorganization plan. WazirX believes that restructuring is the most effective and legally valid

Binance Labs invests in 4 top-performing projects from the most recent season of BNB Chain’s Most Valuable Builder

August 22, 2024 2 mins read

Binance Labs, the investment division of Binance, has made investments in four very successful initiatives from the seventh season of BNB Chain’s Most Valuable Builder (MVB) competition. The accelerator program, a joint effort by BNB Chain, Binance Labs, and CMC Labs, seeks to promote expansion within the BNB Chain ecosystem. The chosen projects consist of Aggregata, a platform that integrates AI data, models, and computing seamlessly; Opinion Labs, which constructs

Tether is launching a UAE Dirham-pegged stablecoin, aiming to streamline digital transactions

August 22, 2024 2 mins read

Tether, the entity responsible for developing the USDT stablecoin, plans to launch a new stablecoin that will be tied to the value of the United Arab Emirates Dirham (AED). This initiative is being carried out in partnership with Phoenix Group and Green Acorn Investments. The next stablecoin, which will be tied to the Dirham, will have its value backed by ample liquid reserves held within the UAE. This will guarantee

Solana funds face a record $39 million outflow as investors grow concerned

August 21, 2024 2 mins read

Solana funds experienced a significant outflow of $39 million last week, marking the largest weekly withdrawal on record for the cryptocurrency. Analysts believe this may be due to investor concerns about Solana’s heavy reliance on memecoins, which has raised concerns about the platform’s stability and long-term prospects. CoinShares’ report on digital asset fund flows highlighted these significant outflows, with $37 million coming from the 21Shares Solana ETP and another $2

Tether to Integrate USDT Into the Aptos Network

August 19, 2024 1 min read

Tether has integrated with Aptos blockchain, allowing users to transact with USDT at a lower cost compared to more expensive networks like Ethereum. Aptos, co-founded by former Meta engineers Mo Shaikh and Avery Ching, aims to offer a scalable, efficient, and user-friendly infrastructure for decentralized applications and smart contracts. USDT’s supply has primarily grown in Tron and Ethereum, with current supplies of $60.82 billion and $52.99 billion, respectively. Other networks,