Quick Look
RPL price jumps 30% after Binance announces perpetual contracts
Rocket Pool (RPL) price jumped more than 30% to break above $12.50 on Monday. The surge follows an announcement of support for RPL...
Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups
According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be...
Bernstein analysts predict Bitcoin surge to $90k if Trump wins
Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage...
Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments
Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase....
Merlin Chain Emerges as Bitcoin’s Largest L2, Surpassing $1.2B TVL in Just Six Monthss
Singapore, Singapore, September 9th, 2024, Chainwire Merlin Chain, a revolutionary Bitcoin Layer 2 platform, has achieved...
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a...
Moscow Exchange Opts out of Russia’s Crypto Trading Program
The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for...
Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In...
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or...
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025
Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New...
Ripple CEO: Japan’s Leaders Committed to Advancing Crypto and Blockchain Technology
Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki...
US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption
The U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference...
Mansa Partners With Nigerian Blockchain Platform Bitmama to Boost Cross-Border Payments
The Nigerian blockchain payment platform Bitmama has partnered with the decentralized finance platform Mansa to improve...
Connecting Japanese Culture to a Worldwide Audience
Japanese culture captivates millions around the world, but the creators behind its art often remain inaccessible. With 8Ships,...
Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power...
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex...
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an...
Corporate Bitcoin Adoption Surges in 2024, River Report Reveals
Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based...
CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S....
Vitalik Buterin Responds to Rumored Sales, Reaffirms Commitment to Ethereum and Charitable Causes
After some activity was noticed from wallets linked to Vitalik Buterin, co-founder of Ethereum, he took to the social media...
Political Meme Coin Economy Shrinks by $420M as US Election Nears
As the U.S. election draws closer, the top political meme tokens by market cap have seen a combined $420 million vanish over the...
Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in Review
Data highlighted the dominance of the top 10 layer one blockchains, collectively valued at $1.66 trillion. In Russia, financial...
Bitget Launches Direct Deposit Option for Mexican Pesos
Cryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos...
Friend.tech Team Renounces Control Over Smart Contracts
Friend.tech, the struggling decentralized social media application, has announced a major update to its platform, setting the admin...
Westlake Police Issue Alert on Blackmail Scams Involving Bitcoin
Westlake Police are cautioning residents about a rise in blackmail scam emails. Scammers claim they have been monitoring...
Tether Invests $100 Million in Latam’s Agricultural Giant Adecoagro
Tether, the USDT stablecoin issuer, has acquired 9.8% of Adecoagro, a Latin American-based agricultural giant. In a move described...
Istanbul Police Arrest Omegapro Managers Over $4 Billion Crypto Fraud Scheme
Two managers from the now-defunct crypto fraudulent investment platform Omegapro were arrested in Istanbul, according to Turkish...
Memecoin Master Discusses Current Cycle
Rex took the stage at a memecoin-focused side event and surprised the audience with something rare in the memecoin world:...
UBS: European Real Estate Markets Enter New Cycle
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators...
Mark Cuban Warns Kamala Harris’ Unrealized Gains Tax Will Kill Stock Market
Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President...
20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats
The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in...
Elon Musk Agrees to Head Donald Trump’s D.O.G.E. Government Efficiency Commission
Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if...
Fed Report Explores How Crypto Price Changes Affect Ownership
A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership...
Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement
Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president,...
Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve
Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed...
Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing...
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s...
Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the...
NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs)....
Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value....
Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin...
September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were...
Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline
Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline...
Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures
The general public is not actively concerned about whether applications are decentralized because they often cannot tell the...
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the...
Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over Creators
According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he...
Zambia’s Dedollarization Plan Aims to Strengthen Kwacha Stability
Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha,...
Binance Kazakhstan Receives Formal Consent for Regulatory License
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license,...
Pavel Durov Speaks Out Following Paris Arrest Over Telegram’s Legal Issues
Pavel Durov, founder and CEO of Telegram, made his first public statement after his arrest in Paris. He was questioned by French...
First Seizure of Stablecoins Recorded in Argentina as Authorities Disrupt Money Laundering Operation
In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly...
Vaneck Reveals Plans to Close Ethereum Futures ETF
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The...
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy....
Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines
While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The...
Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data
Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to...
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a...
Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K
Bitcoin’s price took a dip below the $54,000 mark on Friday, as the cryptocurrency continued its downward trend over the...
Crypto All-Stars Raises $1M in Trending Presale – Is This the Next Big Meme Coin?
Crypto All-Stars (STARS) has blasted through the $1 million mark in its presale phase. With enormous staking rewards on offer...
Bitcoin.com’s VERSE Token Now Accepted for Flight and Hotel Bookings on Jetvoy.com
Bitcoin.com, a pioneer in the cryptocurrency space since 2015, announced today that its ecosystem token VERSE will be accepted as a...
Fractal Bitcoin Set to Launch Sidechain With Unique Merged-Mining Mechanism
Fractal Bitcoin, a sidechain of Bitcoin created by the Unisat wallet team, is gearing up for its debut on Sept. 9, introducing a...
Travala Integrates With Skyscanner, Enabling Crypto Payments for Over 2.2 Million Hotels
Crypto-native travel platform Travala has announced its integration with global travel marketplace Skyscanner. This partnership...
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and...
BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will tap $50K
Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoil. Bitcoin’s price drop has led to $36.71M in...
Libertarian Javier Milei: ‘Only Entrepreneurs Can Create Wealth’
The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and...
Bitget lists ServerFi project Metacene on Launchpool with 1,980,000 MAK Token Prize Pool
Victoria, Seychelles, September 6th, 2024, Chainwire Bitget, the leading global cryptocurrency exchange platform, has listed...
Mastercard Launches Crypto Debit Card for Self-Custodial Wallets in Europe With Mercuryo Partnership
Mastercard has announced the launch of a new crypto debit card in Europe through a partnership with Mercuryo. This innovative card...
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and...
A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant...
FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly...
India’s FIU Considers Approving More Offshore Crypto Exchanges
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to...
Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General
Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be...
Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador
The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with...
Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia
Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for...
Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some...
Nexo Reopens UK Registrations With Enhanced User Protections
Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new...
86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community...
Switzerland’s ZKB bank now offers retail customers BTC and ETH
Key takeaways ZKB now allows its retail customers to buy, sell, and hold the two most popular digital assets: Bitcoin and Ethereum....
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report....
Agora-Backed AUSD Stablecoin is Live on Sui
Grand Cayman, Cayman Islands, September 5th, 2024, Chainwire After successful launches on other major networks, AUSD has deployed...
Trump Leads Harris by 7%, Wins Majority of Swing States, Polymarket Betting Shows
According to recent Polymarket data, former President Donald Trump is ahead of Vice President Kamala Harris by seven percentage...
Singapore police arrest 3 for teen attack during crypto exchange
Police in Singapore arrested three men after a teen reported an attempted robbery involving $24,000. The 19-year old ZK was looking...
Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency
Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later...
Bitcoin (BTC) drops below $57K again amid strong selling pressure
Bitcoin drops below $57K due to major institutional sell-offs and market pressure. Short-term holders face unrealized losses, could...
US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme
The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209...
Siemens’ €300 million digital bond on SWIAT blockchain settled in minutes
Siemens issued a €300 million digital bond on SWIAT’s blockchain platform. The bond settled in minutes, a significant improvement...
Polygon Completes MATIC to POL Upgrade
Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This...
Tomarket, Telegram’s Mini-App, Reaches 18M Users and Announces Token Launch and Airdrop
Victoria, Seychelles, September 5th, 2024, Chainwire Tomarket, the leading mini-app in the TON ecosystem, has announced its...
Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage
Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto...
Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank...
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022...