Article written by Nola Robert

An on-chain peer-to-peer payments dApp Reveel, reaches 100,000 users in Over 160 Countries

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Reveel, an on-chain peer-to-peer payments app, announced it has reached 100,000 users across 160 countries, making it the largest on-chain peer-to-peer (P2P) payments app available. According to the team, the app provides decentralized, transparent, and secure on-chain payments globally and across multiple tokens and chains, including BNB Chain, with which Reveel recently announced a collaboration. By 2028, nearly 3 in 4 US smartphone users are expected to send money over

This whale moves nearly $60 million in BTC after 12 Years of dormancy

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A bitcoin whale has transferred 1,000 BTC from a Bitcoin wallet that has been inactive for almost 12 years. The wallet, acquired in September 2012, currently holds a value over $64 million, representing a remarkable growth of 530,000%. Whale Alert, a cryptocurrency monitoring tool, has observed that the wallet has received little and insignificant quantities of Bitcoin on several occasions throughout the past 12 years. However, these transactions seem to

Coinbase narrows subpoena for SEC Chair Gensler’s emails to his time as chair

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Coinbase has withdrawn its subpoena directed at SEC Chair Gary Gensler, specifically targeting information pertaining to his tenure as the head of the regulatory agency. The decision is made in response to the New York judge’s concerns on the extensive nature of the request, which encompassed utterances about cryptocurrency dating back to 2017. The lawyer for Coinbase clarified that the subpoena has been limited to solely encompassing papers from Gary

Ripple’s Chief Legal Officer blasts the US for failing to provide clear crypto regulations

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Stuart Alderoty, the Chief Legal Officer of Ripple, has expressed disapproval of the United States’ ambiguous legislation around crypto, emphasizing the necessity of a consistent structure for digital assets. Alderoty expressed disapproval of the United States’ inability to deliver consistent outcomes, drawing a comparison to other nations such as the European Union and the United Kingdom. The United States is perceived as falling behind in the adoption of cryptocurrencies and

Dogecoin (DOGE) and Shiba Inu (SHIB) recover by 11% and 16% in the last 24 hours

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Bitcoin (BTC) has experienced a substantial increase in value, reaching the $56,500 range, indicating a notable rebound in the worldwide cryptocurrency market. The upward trend in the market has had a beneficial effect on almost all crypto, resulting in significant gains across the whole spectrum. Dogecoin (DOGE) and Shiba Inu (SHIB) have had substantial recoveries following an extended period of decline. DOGE, which experienced a 23% decrease on July 5th,

Institutional investors invest over $30 million in Chainlink (LINK)

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Chainlink (LINK) tokens have attracted more than $30 million in investments from institutional investors, demonstrating a rising level of interest in the technology among diverse financial sectors. The Cross-Chain Interoperability Protocol (CCIP) is a crucial catalyst for this interest, since it offers a secure interface for decentralized applications and Web3 businesses to transfer data, tokens, or both between various blockchains. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is compatible with nine prominent

Astar Foundation to Burn 350M ASTR Tokens

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Astar Foundation, the lead organization for Astar Network development, has announced a token burn, which will permanently remove 5% of the ASTR genesis allocation, comprising 350M ASTR tokens. The tokens were originally set aside as a parachain auction reserve, but are no longer required due to upgrades to Polkadot. The Astar Foundation’s proposal was ratified after a governance vote, and the 350M ASTR reserve was used during the first phase

Binance to Delist Several Spot Trading Pairs on July 5th, 2024

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Binance, the leading global cryptocurrency exchange, announced today the upcoming delisting of several spot trading pairs. The move, effective on July 5th, 2024 at 3:00 UTC, aims to maintain a high-quality trading market for its users. The tokens affected by the delisting include: Binance assures users that the delisting only affects the specific trading pairs mentioned. The underlying tokens (AI, BTC, CHR, ETH, GAS, LQTY) will still be available for

Vitalik Buterin’s net worth surges from $552.86 million to $834.66 million in 2024

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Vitalik Buterin’s net worth has surged from $552.86 million in 2024 to $834.66 million, mostly driven by his significant Ethereum holdings. Nevertheless, his Ethereum holdings have never exceeded 0.9% of the overall supply, reaching a peak of 0.91% in 2015. Nevertheless, Buterin still has the highest amount of ETH as an individual. Buterin, who was born in 2011, played a key role in the co-founding of Bitcoin Magazine. In 2013,

AI-powered data network and blockchain company, PlayFi Launches PlayFi Airdrop Platform

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PlayFi, an AI-powered data network and blockchain designed for the gaming industry, has launched the PlayFi Airdrop Platform, which will serve as the primary hub for earning points and engaging with the PlayFi community. According to the team, the platform offers various ways for users to engage and earn rewards, including engagement and rewards, foundational task questing, daily task questing, campaigns, and a 3x airdrop boost. Users can accumulate points

FTX crypto exchange and the IRS reach a $885 million settlement

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The FTX exchange and the Internal Revenue Service (IRS) have negotiated a deal in which the insolvent exchange would make a payment of $885 million, far lower than the original demand of $24 billion made by the IRS. As per the agreement, FTX debtors are obligated to remit $200 million to the IRS within 60 days of approval. The remaining $685 million will be paid dependent on the availability of

What’s the Deal With Bitcoin ETFs?

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Hey money nerds (and curious newbies!), let’s talk about Bitcoin ETFs, the new kid on the investment block. You might’ve heard whispers about Bitcoin, the king of crypto, but maybe the whole digital wallet thing feels a little too Wild West for your taste. Enter Bitcoin ETFs, your chance to invest in the Bitcoin game without the digital tumbleweeds. So, what’s the deal with Bitcoin Exchange-Traded Funds (ETFs)? Think of