aUSDT: Tether’s Gold-Backed Synthetic Dollar Explained
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens...
Month: June 2024
Coinbase International Adds Support for Trading Pre-Launch Tokens
Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for...
Bitfinex Becomes First Exchange to List New USD-Denominated, Gold-Tethered Asset
Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy...
Zimbabwean Regulators Develop Framework for Virtual Assets Trading
The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework...
Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team
Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value...
TrumpCoin Soars 442% After Rumors Donald Trump Is Behind DJT Token, Triggering PolitiFi Crypto Crash
TrumpCoin (DJT) surged more than 442% in the past 24 hours after a report claimed that Donald Trump is behind...
Crypto Crash Sparks Meme Coin Bloodbath With WIF, FLOKI, And BONK Hit Hardest
A crypto crash saw the market capitalization of the meme coin market plummet more than 10% as investors fled to...
Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets
South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately...
Tanzania Targets Crypto Traders With Proposed Income Tax Act Amendment
Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding...
Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption...
Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage
The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics...
Base Dawgz Amasses $1.6 Million In Funding In Less Than Two Weeks, Next 100x Meme Coin On Base?
After raising $200,000 on its first day and quickly reaching $1 million just a week later, Base Dawgz ($DAWGZ) turns...
Bloomberg Analyst Predicts Ethereum ETFs Will Launch On July 2
Bloomberg analyst Eric Balchunas expects that spot Ethereum ETFs (exchange-traded funds) will launch on July 2. In a post on...
Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions
According to Venezuelan dissidents and cryptocurrency analysts, the government of Venezuela is likely to keep using crypto to bypass the...
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment...
