Fri, November 15

Decentralized Platform Bluesky Amasses 1M Users in Brazil Post X Ban

The alternative decentralized X platform Bluesky, co-founded by Jack Dorsey, the former CEO of Twitter, has exploded in popularity in Brazil, amassing an incredible 1 million users in the span of three days. The spike follows X’s suspension in the country, which was mandated by a court. The social media

September 3, 2024 1 min read

JPMorgan’s Caution on Fed Rate Cuts Effects Sparks Market Uncertainty

Traders and investors across the world are quite worried about JPMorgan’s recent comments on Fed rate decreases. Even if speculation about future interest rate reduction is at an all-time high. The head of global and European equity strategy at JPMorgan today downplayed the likelihood of a bull market. The announcement

September 3, 2024 2 mins read

Solana Meme Coins Slump as Pump.fun Loses Momentum

Solana’s meme coin market has taken a sharp decline, with a 21.7% drop over the past week. The downturn comes as the popular token launchpad, Pump.fun, witnessed a drastic drop in user activity and new token creation.  Recently, Pump.fun has created 5,388 new tokens on Solana, as per Dune Analytics.

September 2, 2024 1 min read

UK Authorities Crackdown on Unlicensed Bitcoin ATM Operations

A man from London is the first in the UK to face charges related to running an unlicensed Bitcoin ATM. After a search of a Chatham electronics store by the Kent Police on April 28, 2023, Habibur Rahman, 37, of Langdon Crescent, East Ham, was taken into custody. Moreover, the

September 2, 2024 2 mins read

$305 Million Pulled from Crypto Investment Products This Week

The global crypto market has briefly revived from the market dip, with the total market cap bouncing back to $2.05 trillion, marking a 0.23% increase. Notably, the trading volume has surged by 66.12% to $60.11 billion in the last 24 hours. Meanwhile, the digital asset investment products saw outflows totaling

September 2, 2024 2 mins read

Metaplanet and SBI Group Collaborate to Boost BTC Custody and Trading

On Monday, Metaplanet Inc., announced a strategic alliance with SBI Group, a partner of Ripple Labs, the industry leader in cryptocurrency payments. The Bitcoin trading, custody, and management collaboration between Metaplanet and SBI VC Trade has begun. This is an exciting step toward the widespread use of cryptocurrencies and future

September 2, 2024 2 mins read

Qatar Introduces Digital Assets Framework to Drive Financial Innovation

The Qatar Financial Centre (QFC) has officially launched its QFC Digital Assets Framework 2024, a regulatory regime designed to bolster the digital asset sector within the QFC. Developed in collaboration with industry stakeholders, including exchanges, custodians, and other market participants, the framework supports Qatar’s digital transformation goals by providing guidelines

September 2, 2024 2 mins read

Vitalik Buterin Highlights Glue and Coprocessor Architecture Benefits to Cryptography

Vitalik Buterin’s recent exploration into modern computing highlights a key trend: the division of tasks into “business logic” and “expensive work,” managed through a “glue and coprocessor” architecture. This approach revolutionizes various fields, notably cryptography, by enhancing efficiency and modularity. In computing, business logic handles the general, less intensive tasks,

September 2, 2024 2 mins read

Crypto Executives Host Fundraiser for Kamala Harris Amid Regulatory Concerns

Cryptocurrency executives are preparing a significant fundraiser for Vice President Kamala Harris in Washington on September 13, 2024, aiming to raise over $100,000. The fundraiser is scheduled between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, aiming to attract a diverse donor base. Organized by crypto leaders such as

September 2, 2024 2 mins read