In a recent social media post, Justin Sun, the founder of TRON, announced that the issuance of TRON-based USDT has reached a significant milestone, exceeding $60 billion. This achievement also marks TRON as the first blockchain to have a single stablecoin valued at more than $60 billion. This development underscores the growing influence and adoption […] Source: https://news.bitcoin.com/issuance-of-tron-based-usdt-exceeds-60-billion/
Month: July 2024
Bitcoin L2s help crypto miners in Asia supplement income with staking
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving. Source: https://cointelegraph.com/news/bitcoin-l2s-crypto-miners-asia-income-staking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Worldcoin faces ‘scam’ allegations after extending token lockup by 2 years
Worldcoin faces allegations of price manipulation after delaying unlocking 80% of its native tokens. Source: https://cointelegraph.com/news/worldcoin-price-manipulation-allegations-unlock-delay?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
HTX Unveils June Performance Report: Achievements Across Diverse Sectors, Highlighting a Forward-Thinking Approach
PRESS RELEASE. Recently, HTX released their June performance report, sharing their key achievements and milestones with users. June was a month of breakthroughs and harvests. The report updates both new and existing users on HTX’s significant progress across various fronts, including operational data, ranking by external institutions, new asset listings, updates from HTX Ventures (the […] Source: https://news.bitcoin.com/htx-unveils-june-performance-report-achievements-across-diverse-sectors-highlighting-a-forward-thinking-approach/
Nigeria begins review of its blockchain technology policy
The steering committee’s work is actively toward Nigeria taking a leadership position in African blockchain development. Source: https://cointelegraph.com/news/nigeria-blockchain-policy-review?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Spot Bitcoin ETFs Attract $422 Million in Single-Day Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $20 billion. Massive Inflows into U.S. Spot Bitcoin ETFs Highlight Institutional Backing The spot […] Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-attract-422-million-in-single-day-inflows/
Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating
Bitcoin whales continue accumulating, despite the potential sell pressure from Mt. Gox creditors, which could see 99% of investors selling. Source: https://cointelegraph.com/news/bitcoin-whales-accumulating-mt-gox-distribution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong unveils new stablecoin licensing regime
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback. Source: https://cointelegraph.com/news/hong-kong-unveils-new-stablecoin-licensing-regime?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI Preparedness Index: South Africa Best Prepared African Country; Nigeria Ranks Outside the Continent’s Top 7
The latest International Monetary Fund (IMF) Artificial Intelligence Preparedness Index reveals that only seven African countries have preparedness indices of 0.4 or more. South Africa leads the continent with a score of 0.5, while the Republic of South Sudan (0.11) and the Central African Republic (0.18) are ranked the lowest. Nigeria Not Among Africa’s Top […] Source: https://news.bitcoin.com/ai-preparedness-index-south-africa-best-prepared-african-country-nigeria-ranks-outside-the-continents-top-7/
New risk assessment guidelines for DeFi protocols unveiled
The EEA’s new guidelines aim to establish a standard for mitigating risks in DeFi protocols, which will benefit regulators, developers and users alike. Source: https://cointelegraph.com/news/defi-risk-assessment-guidelines?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound