Category Archive: Cryptocurrency, No picture

Messari and CryptoRank Research highlight TRON’s surging onchain activity

Messari and CryptoRank Research highlight TRON’s surging onchain activity

Key Takeaways TRON’s daily transactions increased by 29% quarter-over-quarter. TRON’s dApps TVL ranks second among all blockchains with over $8.2 billion. Geneva, Switzerland – August 7, 2024 – Messari, a leading provider of digital asset markets intelligence products, and CryptoRank, a leading crypto industry research & analytics platform, have released research reports highlighting the TRON […]
Putin signs crypto mining law advancing Russia’s bid to ‘seize the moment’ in digital assets

Putin signs crypto mining law advancing Russia’s bid to ‘seize the moment’ in digital assets

Key Takeaways The new Russian law categorizes crypto mining as economic turnover. Registered Russian entities and entrepreneurs can legally mine; individuals can mine within set energy limits. Russian President Vladimir Putin has signed a new law advancing crypto mining regulations, marking a significant step in Russia’s efforts to capitalize on the digital asset economy. The […]
Bitcoin surges to $58,000 amid renewed ETF inflows

Bitcoin surges to $58,000 amid renewed ETF inflows

Key Takeaways Bitcoin ETFs simplify crypto investments by eliminating the need for direct exchange interactions. Regulatory oversight of Bitcoin ETFs increases investor confidence and market stability. Spot Bitcoin (BTC) exchange-traded funds (ETF) registered $45 million in inflows on Aug. 7, according to Farside Investors. As a result, Bloomberg senior ETF analyst Eric Balchunas highlighted how […]
Binance reports $73 million in recovered stolen funds

Binance reports $73 million in recovered stolen funds

Key Takeaways Binance recovered over $73 million in stolen funds by July 31 this year. Blockchain technology aids Binance in securing funds from external thefts. Binance has successfully recovered and frozen over $73 million in user funds from external hacks as of July 31 this year. This amount surpasses the $55 million secured throughout 2023. […]
Brazil set to debut its first Solana ETF

Brazil set to debut its first Solana ETF

Key Takeaways The Brazilian Securities and Exchange Commission has approved the first Solana ETF in Brazil. The move solidifies Brazil’s position as a leader in the crypto ETF market, following previous approvals for Bitcoin and Ethereum ETFs. Brazil’s first Solana exchange-traded fund (ETF) will launch soon after getting the nod from the Brazilian Securities and […]
Berachain Airdrop: The ultimate guide to maximize your rewards

Berachain Airdrop: The ultimate guide to maximize your rewards

Key Takeaways Berachain uses a Proof of Liquidity consensus to align validators with its ecosystem. The Berachain airdrop concludes in September 2024, post-mainnet launch. This comprehensive guide will walk you through everything you need to know about the Berachain airdrop, from understanding its tech to maximizing your chances of receiving valuable $BERA tokens.What is Berachain […]
Binance to list Toncoin (TON) with seed tag, opens four trading pairs

Binance to list Toncoin (TON) with seed tag, opens four trading pairs

Key Takeaways The listing signals growing interest in early-stage tokens from major exchanges such as Binance. TON’s integration with Telegram could drive user adoption following its listing on the world’s largest exchange. Binance, the world’s largest crypto exchange by trading volume, has announced the listing of Toncoin (TON) on its platform.Trading for TON will commence […]
Democrats set ‘Crypto for Harris’ campaign in motion as crypto policy heats up US elections

Democrats set ‘Crypto for Harris’ campaign in motion as crypto policy heats up US elections

Key Takeaways ‘Crypto for Harris’ aims to secure crypto community votes in the 2024 presidential race. Trump counters with promises of deregulation and a government Bitcoin reserve. The 2024 US presidential race has thrust crypto policy into the spotlight, with both major candidates vying for support from the industry and its estimated 40 million American […]
What are decentralized prediction markets?

What are decentralized prediction markets?

Decentralized prediction markets are blockchain-based platforms where users bet on future events without intermediaries. Here’s what you need to know: Use blockchain and smart contracts to operate autonomously Allow betting on various outcomes like politics, sports, finance Typically use cryptocurrency tokens for trading Aim to harness “wisdom of the crowd” for accurate predictions Key features: […]
MetaTrust Labs and ChainSwap announce million-dollar deal to enhance cross-chain privacy

MetaTrust Labs and ChainSwap announce million-dollar deal to enhance cross-chain privacy

Key Takeaways MetaTrust Labs and ChainSwap announced a strategic partnership backed by a million-dollar agreement. The two firms aim to develop cutting-edge financial privacy tools for a safer and more efficient cross-chain transaction ecosystem. MetaTrust Labs and ChainSwap have formed a strategic partnership valued at up to $1 million to enhance cross-chain financial privacy, the […]