Category Archive: Cryptocurrency, No picture
Crypto Inflows Soar After BlackRock’s ETF Move
Key Takeaways Following months of continuous outflows, the trend reverses. European crypto ETPs saw their best month since 2022. Before BlackRock applied for an ETF in June, European and global crypto exchange-traded products (ETPs) saw a decline in funds, but the trend was reserved after a surge of inflows. European crypto ETPs witnessed inflows of […]
Shop Till You Drop Using USDC: Solana Pay Integrates with Shopify
Solana Labs’ decentralized payment protocol, Solana Pay, has taken a decisive step in the e-commerce sector, announcing its integration with Shopify, announced on August 23 via TechCrunch. This development will empower numerous businesses to seamlessly facilitate payments using USDC, the stablecoin closely tied to the U.S. dollar. 1/ 🛍️Shopify 🤝Solana Pay Today, Solana Pay integrates […]
Binance Labs Invests in Pendle Finance in Strategic Move in DeFi
Binance Labs, the venture capital and incubation subsidiary of the global cryptocurrency platform Binance, has announced an investment in Pendle Finance, a leading DeFi protocol focused on yield tokenization. We’re excited to announce that we’v invested in @pendle_fi! Pendle Finance is a yield derivative protocol that enables users to execute advanced yield strategies, bringing the […]
North Korea Selling $40M of BTC: Market Catastrophe or Simple Threat?
The U.S. FBI has drawn attention to a significant sum of Bitcoin, amounting to approximately $40 million, that is believed to be linked to North Korean cyber activities, according to a recent announcement: “Over the last 24 hours, the FBI tracked cryptocurrency stolen by the Democratic People’s Republic of Korea (DPRK) TraderTraitor-affiliated actors (also known […]
Beyond the Sidelines: STARZPLAY’s Blockchain Amplifies Sports Experience in MENA, Spain
In a strategic partnership with the SKALE blockchain network, STARZPLAY, a subsidiary of Starz, Inc., has unveiled a next-gen sports streaming platform, the company announced on August 22. This move aligns with the rising trend of incorporating blockchain into entertainment, offering fans a multifaceted, engaging experience. Fans in MENA and Spain can experience the new […]
Chainlink’s Oracle Network Rolls Out Scroll Foundation Developers
As DApps continue to develop and evolve, Scroll Foundation, known for its zkEVM-based zkRollup – Ethereum’s counterpart – has announced a strategic partnership with Chainlink Labs. This collaboration will accelerate the development of the Scroll ecosystem, providing builders with low-cost and reliable oracle services that allow smart contracts to automate the transfer of data between […]
Binance Investigated by Another US Agency, Accused of Violating Russian Sanctions: WSJ
The world’s leading cryptocurrency exchange, Binance, faces allegations surrounding its operational ties in Russia, according to a report from the Wall Street Journal. Claims suggest Binance’s pullback from the region might be less extensive than initially believed. After Russia started its war on Ukraine, Binance confirmed a reduction in its Russian operations, complying with European […]
Balancer Secures Over 80% of Funds at Risk After Vulnerability Report
Key Takeaways Roughly $10M remain at risk. Balancer quickly secured over 80% of funds. Balancer, a DeFi lending pioneer, received a vulnerability report a few hours ago that found over 100 of its V2 pools are at risk. The team quickly secured over 80% of the funds, but roughly $10 million remains at risk. The […]
Unknown Bitcoin Whale Emerges as 3rd Largest Wallet, BlackRock & Gemini Suspected
Key Takeaways Unknown whale holds over $3 billion in Bitcoin. The owner’s identity remains unconfirmed. During the past three months, a new Bitcoin whale has emerged, amassing 118,300 Bitcoin worth over $3 billion at current market prices, according to data from BitInfoCharts. The identity of the owner remains unclear, giving rise to various theories pointing […]
USDC Launching on 6 New Chains as Coinbase Invests in Circle
Key Takeaways Coinbase invests in Circle. Circle will manage USDC after Centre Consortium dissolves. Stablecoin regulation clarity improves worldwide. Circle, the company behind USDC, plans to expand the stablecoin to 6 new blockchains between September and October this year. This will bring the number of USDC-supported chains to fifteen. The news comes a week after […]
