China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation,...
Svet Crypto
Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch
Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35%...
AI, Robotics Advances Will Bring ‘Crisis of Meaning’, Elon Musk Says
Tesla CEO Elon Musk said he sees a future where humans will have to figure out new ways to give...
Can Cardano (ADA) Price Hit $0.47 Soon?
Cardano (ADA) holders have reason to be cautiously optimistic as the altcoin’s price has increased by 3% over the past...
Toncoin bounces back above $5, next target at $6.19
Toncoin rebounds above $5 after Pavel Durov’s release and public reassurance. Trading volume has surged by over 148%, boosting interest...
Meme Coin Revival as These Cat-Themed Tokens Lead the Rally: Details
TL;DR The meme coin market saw a strong recovery on September 10, with significant gains from tokens like DOGE, SHIB,...
96% of NFTs Deemed ‘Dead’ as Market Struggles with Speculation and Volatility
The non-fungible token (NFT) market has witnessed explosive growth, followed by significant downturns over the past few years. Despite the...
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes...
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 liquidation...
Polymarket is a ‘social epistemic tool’ for the public, Vitalik Buterin argues as CFTC scrutiny intensifies
AI-enhanced image of Vitalik Buterin. Source image from Tech Crunch. Key Takeaways Polymarket's trading volume surpassed $390 million as interest...
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,...
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...
Bitcoin Approaches $57,000 Amid US Jobs Data Decline
Markets anticipate a 50 basis point (bp) rate cut in September amid deteriorating US Job data. According to the US...
70% of World Liberty Financial’s Tokens Are Reserved for Insiders: Report
A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is...
Ethereum Price Analysis: Why is ETH Under-Performing This Year?
TLDR: Ethereum (ETH) price is underperforming compared to the broader crypto market ETH price dropped 5.2% between Sept. 3-4, facing...
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 potential acquisition. Bitfarms...
Bitcoin L2 Core Launches Liquid Staking For BTC
The Core Foundation announced Thursday that it is launching a liquid staking token backed by BTC on the Bitcoin-backed Layer...
Diego Oliva resigns as CEO of Starknet Foundation
Key Takeaways Diego Oliva has resigned as CEO of Starknet Foundation, having led significant growth and project initiations. James Strudwick,...
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 resume operations following the lifting...
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum...
US Bitcoin ETFs shed $277 million over past week amid market downturn
Key Takeaways US Bitcoin ETFs saw a total of $277 million in outflows last week. BlackRock's iShares Bitcoin Trust reported...
Telegram CEO Vows to ‘Significantly Improve’ Moderation of Criminal Activity After Arrest
Pavel Durov, the founder and CEO of the massively popular Telegram messaging platform, said the actions of French authorities were...
