[Jun 6 11:36 PM] Stablecoin issuer Tether has partnered with Nodo to educate prospective African users about the use cases of stablecoins and facilitate transactions with the former’s digital asset. The six-month campaign will include Ask Me Anything (AMA)…
[Jun 6 10:22 PM] Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies impermissible. This declaration, which stated that cryptocurrency trading violated Sharia law, was mistakenly released…
[Jun 6 8:21 PM] The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates. Initiated by…
[Jun 6 8:00 PM] Amidst the crypto market resurgence, the smart contract platform Maker and its native token MKR have experienced a challenging period, with MKR demonstrating a consistent downtrend after reaching a yearly high of $4,070 in April, plummeting to as…
[Jun 6 7:32 PM] Worldcoin, the biometric proof-of-personhood identification protocol, has agreed to temporarily stop its operations in Spain. According to statements from the Spanish privacy watchdog AEPD, the company committed to stop its data collection…
[Jun 6 6:20 PM] Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of…
[Jun 6 5:16 PM] Rich Dad Poor Dad author Robert Kiyosaki has emphasized that his prediction of bitcoin hitting $350K on Aug. 25 “is not a lie.” He also expressed his bullish outlook for ethereum and solana, noting that he will keep buying the three…
[Jun 6 5:00 PM] Injective, a Layer 1 (L1) protocol, emerged as one of the standout performers in the crypto market on Thursday, with its native token INJ experiencing a substantial 7% surge within the past 24 hours. Accompanying this surge, the protocol’s…
[Jun 6 4:35 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that spot ethereum exchange-traded funds (ETFs) “will take some time” to commence trading, highlighting the necessity for a thorough disclosure process…
[Jun 6 3:45 PM] Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the…
[Jun 6 3:23 PM] A new meme token, hulkmania (HULK), has recently entered the dynamic world of meme coins. It appears to have garnered attention from the legendary wrestler Hulk Hogan’s X account, which referenced it on the social media platform. However, the…
[Jun 6 2:35 PM] The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27…
[Jun 6 1:38 PM] Nigeria’s decision to halt naira trading on cryptocurrency exchanges is likely to worsen matters for its volatile currency,” an associate professor at the University of East London has argued. The associate professor said Nigeria can effectively…
[Jun 6 12:22 PM] Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to integrate Web3 domains into the traditional web ecosystem through an application with the Internet Corporation for…
[Jun 6 11:22 AM] Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets…
[Jun 6 10:13 AM] On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds…
[Jun 6 9:15 AM] Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer…
[Jun 6 8:28 AM] Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited”…
[Jun 6 7:45 AM] Local reports indicate that lines of several dozen people are waiting to purchase gold bullion from various state-owned banks in Vietnam, primarily in Hanoi and Ho Chi Minh. The interest in buying the precious metal at this time seems to be driven…
[Jun 6 7:35 AM] Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
[Jun 6 6:40 AM] The winds of change are blowing through the crypto mining industry. The highly anticipated halving event in April 2024, which sliced block rewards in half, has sent shockwaves through the ecosystem. Daily revenue for miners has plummeted by over…
[Jun 6 6:30 AM] Over the last four years, President Joe Biden has demonstrated a clear reluctance to support the Bitcoin and cryptocurrency industry, as recently evidenced by his veto of significant legislation and the broader stance of his administration. On May…
[Jun 6 6:20 AM] The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S…
[Jun 6 3:39 AM] Altcoins are generating significant buzz among cryptocurrency watchers, as rumors of a potential Bitcoin breakout circulate. After weeks of sluggish trading, a recent surge of capital has revitalized the king of coins. This raises a pressing…
[Jun 6 12:42 AM] Avalanche (AVAX), the token powering the smart contracts platform Avalanche, is stirring excitement in the crypto sphere. Bullish technical indicators and upcoming developments within the Avalanche ecosystem are fueling speculation of a significant…
[Jun 5 10:35 PM] A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer…
[Jun 5 8:27 PM] The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with…
[Jun 5 7:32 PM] The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering…
[Jun 5 7:00 PM] In a market witnessing a strong bullish momentum with several cryptos reaching new all-time highs and experiencing price recoveries, the XRP price has remained in a consolidation phase for the past two months after a brief surge in March that took…
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