Quick Look
ZKsync unveils “Elastic Chain” network of ZK chains
ZKsync deployed an upgrade last month that allows it to convert its Ethereum bridge into a shared router to support a network of...
IMF Advises US to Keep Interest Rates Steady Through Late 2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing...
Blast token in a free fall as Blast Foundation focuses on phase 2
Blast Token plunges amid market downturn and declining Total Value Locked. Blast Foundation plans Phase 2 rollout with focus on...
South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate...
Bybit Web3 Adds 3 New Chains to Its Ecosystem
Bybit, the world’s second-largest web3 platform by trading volume, has announced the integration of three additional blockchains ...
Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains
Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to...
Kamala Horris (KAMA) skyrockets as traders bet on Biden dropping out
Kamala Horris (KAMA) meme coin was up 322% in the past 24 hours. Polymarket traders see odds of Biden dropping out from the race as...
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The...
Less Than Three Months Left For STC Wallet Users To Redeem Their Tokens
The clock is ticking for Student Coin holders. The STC Wallet users have less than three months to redeem their tokens. The...
UN Development Programme Partners With Dfinity Foundation to Boost MSME Inclusion
The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal...
Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition
Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This...
E Money Network launches $2 MILLION RWA Grant Program to spearhead RWA ecosystem
Bengaluru, India, July 3rd, 2024, Chainwire E Money Network, a modular RWA blockchain, has launched the biggest RWA grant program...
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume...
Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan
Nigerian prison officials have reportedly refused to release Tigran Gambaryan’s medical records. A High Court judge has ordered...
Tether to Drive Digital Asset Education in Turkey
Crypto industry leader, Tether Operations Limited, and technology and strategy company, BTguru, have entered into a Memorandum of...
Poodlana: The new trendsetter meme coin set to launch on Solana
Poodlana is a new fashion-centric meme coin set to launch via presale on Solana. The project’s token sale will launch on July 17,...
Ordinals Explorer Ord.io Introduces Rune-Gated Chats
Ordinals explorer Ord.io has announced the launch of ‘Degen Chat’, a new feature that introduces Rune-gated live chats...
Chainlink teams up with Fidelity and Sygnum to bring NAV data onchain
Chainlink partners with Fidelity and Sygnum to bring NAV data onchain for real-time access. The collaboration enhances transparency...
Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US
Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong...
Transforming Online Gambling and Community Engagement: Mpeppe (MPEPE) Unveils Strategic Innovations
Frankfurt, Germany, July 2nd, 2024, Chainwire Mpeppe (MPEPE) is emerging as a transformative force, poised to redefine online...
Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin
Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly...
Australia’s crypto casino ban came into effect last month – but there’s rapid growth in these top countries
Australia has banned the use of cryptocurrencies in online gambling The ban came into effect on 11th June with the introduction of...
Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe
Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance...
Lif3.com kooperiert mit evmOS bei der Einführung von „Lif3 Chain“, der ersten Layer-1-Lösung mit kuratierten DeFi Contracts
Roadtown, Britische Jungferninseln, Datum, Chainwire Lif3.com (LIF3/USD)(LIF3/USDt), das revolutionäre Omni-Chain...
Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August
Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S....
Astar Network set to burn 5% of total token supply
350M ASTAR tokens have been earmarked for burning, eliminating 5% of the token’s total supply. The tokens were originally intended...
DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service
The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and...
Lif3.com partners with evmOS to deploy “Lif3 Chain,” first Layer-1 solution with curated DeFi contracts
Roadtown, British Virgin Islands, July 2nd, 2024, Chainwire Lif3.com (LIF3/USD)(LIF3/USDt), the revolutionary omni-chain DeFi...
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event....
Paysafe Forecasts Annual Revenue of $1.7 Billion
Impressive growth forecast is driven in part by growing demand for paysafecard deposits on online casinos In an impressive...
Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last...
INX and Backed launches tokenized stocks on INX starting with tokenized NVIDIA stock
INX and Backed launch bNVDA, a tokenized NVIDIA stock, on the Ethereum network. Investors can trade bNVDA 24/7 with blockchain...
Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services
Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning...
Cartesi and Avail Announce Strategic Integration to Advance Web3 Development
New York, New York, July 2nd, 2024, Chainwire Cartesi, a modular execution layer protocol that equips developers with access to a...
Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June
Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The...
DeFi protocol Pendle sees 40% drop in TVL
Pendle TVL has dropped sharply over the past week, from $6.2 billion to $3.7 billion. Meanwhile, PENDLE price is down 16% in the...
Russia’s Cryptocurrency Mining Bill Faces Delays
The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be...
Solciety’s PolitiFi Meme Coin Presale Raises $600K+ in First Two Weeks
London, United Kingdom, July 2nd, 2024, Chainwire Solciety has raised over $619,000 in the first two weeks of its presale,...
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going...
Circle becomes first stablecoin issuer to secure license under EU’s MiCA regulations
ACPR grants Circle e-money license for USDC and EURC across EU. Circle is the first stablecoin issuer to get licensed under MiCA...
Digital Assets See Outflows for 3rd Consecutive Week
Coinshares reported consecutive weekly outflows in digital asset investment products, totaling $30 million. Ethereum faced its...
Cryptocurrencies granted legal status in Turkey under new crypto law
Turkey legalizes cryptocurrencies, defining them as “intangible fixed assets.” SPK permission required for crypto organizations,...
BIS Report Warns of Rising Public Debt Risks to Global Economies
The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks...
Crypto Exchange Bingx Now English Football Club Chelsea’s Training Wear Partner
Chelsea Football Club and their principal partner, Bingx, say they have taken their partnership to the next level. Bingx, a leading...
Latam Insights: Argentina Reaches Zero Inflation, Central Bank of Bolivia Unbans Bitcoin
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance
The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry...
Circle’s Stablecoins Now MiCA Compliant
Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA)...
Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman
Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits...
Dave Portnoy’s Crypto Advice: Stick to Bitcoin — Says ‘I’ve Learned That the Hard Way’
Dave Portnoy, founder and owner of Barstool Sports, has recommended that investors focus on bitcoin for their crypto investments....
CARV Launches Alphanet: $35M Node Sale Propels Decentralization Milestone
Santa Clara, USA, July 1st, 2024, Chainwire New Initiative to Scale Network and Reward Node Operators with Airdrops and Voting...
Hashnote Partners With Anchorage Digital to Offer Secure Crypto Investment Returns
Hashnote, a digital asset manager, has announced a partnership with crypto custody firm Anchorage Digital to offer secure...
U.S. Treasury issues new Cryptocurrency tax rules
The IRS has set up a tax reporting framework for cryptocurrency brokers, which will be implemented in 2025. The framework does not...
Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand
Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service...
WIF leads as SOL meme coins gain: Is Solciety the next to explode?
WIF topped meme coin gainers early Monday as the crypto market mirrored a swift spike above $63k for Bitcoin. As the market eyes a...
Tether and Uquid Partner for Social Security Payments in the Philippines
The largest stablecoin issuer, Tether, has announced a collaboration with Uquid, a Web3 e-commerce platform. This partnership...
Cryptopia Celebrates Successful Token Launch on Gate.io
Today marks a monumental day for Cryptopia as we proudly announce our token launch on Gate.io, a significant milestone achieved...
Bitcoin Miners’ June Revenue Dips Slightly Below May
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million....
Italian Crypto Wallet, Conio, Announces Open Banking Partnership with Digital Asset Integration Platform, Mesh
Italian cryptocurrency wallet provider, Conio, has announced a new open banking partnership with Mesh Connect, a digital asset...
Tidal Investments Proposes Bitcoin and Gold ETF to Mitigate Market Volatility
Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin...
Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens
Willemstad, Curaçao, Netherlands, June 27th, 2024, Chainwire Cloudbet, a leading cryptocurrency casino and sportsbook, announced...
Blockchain: A New Battleground in Age-Old Tussle Between Privacy Advocates and Data-Hungry Governments, Says Colored Coins Founder
Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes...
Nubila Kickstarts Fundraising Round Led by IoTeX, VeChain and Other Leading Investors
San Francisco, United States, July 1st, 2024, Chainwire Nubila, a leading data oracle specializing in accurate and actionable...
Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation
Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency’s woes, will not...
Crypto takes flight – Growing number of travelers favoring crypto cards over travel money cards
Crypto cards offer lower fees, stability, and exclusive discounts for travelers. Many crypto cards also provide rewards, cashback,...
Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial market of Chile. The leading...
Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms
In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like...
Milei Reveals New Economic Phase for Argentina: Zero Monetary Issuance
Javier Milei, the libertarian President of Argentina, has revealed the new policies that will be applied to cement the economic...
Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses
The U.S. state of Hawaii’s regulatory sandbox concludes today. Crypto companies will no longer require a Hawaii-issued money...
The Definitive Guide to Tapioca DAO: Part Two
This piece is the second half of a guest post by Emiri, published originally on Blocmates. Read Part One here. Blocmates is an...
Defi Education Fund on Chevron Doctrine Overruled: ‘It Opens a New Chapter in the Battle for Clear Regulations’
The Defi Education Fund, an organization focused on defending and bringing clarity to decentralized finance, pondered on what the...
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining...
Treasury and IRS Announce Digital Asset Tax Reporting Regulations
The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part...
Kiyosaki Recommends Most People to Sell BTC, Vivek’s VP Prospects Spike 1,100%, and More — Week in Review
Robert Kiyosaki advises selling bitcoin amid its crash, yet plans to buy more, likening his approach to Warren Buffett’s...
Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review
Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays...
The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?
As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors...
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the...
Beware of fake FLOKI tokens on Solana and Base, Floki Inu warns
Floki Inu team warns about “fake” claims that FLOKI tokens are on Solana and Base chains. According to the meme coin project, the...
Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation
This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in...
Double-Digit Swings Dominate June Crypto Market Performances
According to market data, crypto assets struggled throughout June, with only a select few recording gains. The largest gainer was...
Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer
In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that...
Zambia Working on Establishing an AI Framework, Says Minister
Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony...
Dogecoin, Shiba Inu volume slumps as Solciety token sale thrives
Meme coins have done well in the past few months, with most of them outperforming the likes of Bitcoin, Ethereum, and Solana....
Bitcoin Tops Michael Dell’s Poll on X, Outshining AI and Love With Over 64,000 Votes
Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence...
Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’
Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations...
Unlocking Value: Fair Price Discovery, the Role of Market Makers
Getting a token from inception to market is no mean feat and more often takes years of planning and commitment. Achieving fair...
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during...
The Definitive Guide to Tapioca DAO: Part One
This piece is a guest post by Emiri, published originally on Blocmates. Blocmates is an invaluable crypto news and educational...
Crypto Exchange Binance Takes Action Against Account Misuse
Cryptocurrency exchange Binance has announced measures to address the misuse of account features on its platform, aimed at...
Robert Kiyosaki Cautions Against Bitcoin ETFs — Prefers Owning ‘Real Bitcoin’
Rich Dad Poor Dad author Robert Kiyosaki has cautioned against investing in bitcoin exchange-traded funds (ETFs). He prefers...
Court Dismisses SEC Claim on Secondary Sales of BNB
The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission...