South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably, the approvals do not mean crypto assets are recognized as a legal form […] Source: https://news.bitcoin.com/south-africa-approves-63-crypto-asset-service-provider-license-applications/
Month: July 2024
Telegram and Helika Gaming unveil $50M gaming accelerator with Notcoin
The accelerator program aims to foster innovation among game developers, leveraging the Ton blockchain to enhance Telegram’s gaming ecosystem. Source: https://cointelegraph.com/news/telegram-gaming-accelerator-notcoin-launch
QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing its novel technology to unlock unparalleled […] Source: https://news.bitcoin.com/qed-protocol-raises-6-million-for-scaling-with-bitcoin-powered-tech/
$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?
Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon. Source: https://cointelegraph.com/news/over-100m-btc-liquidated-bitcoin-fell-57k-etf-panic-selling
Bitcoin will crash to $50K, 10x Research warns
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows. Source: https://cointelegraph.com/news/bitcoin-crash-50k-10x-research-warning
German gov’t transfers $172M in Bitcoin to multiple locations
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet. Source: https://cointelegraph.com/news/german-government-transfers-3000-btc-exchanges-wallet
What Is ‘Gemz’? It’s Telegram Game ‘Hamster Kombat’ But With Sloths
Telegram-based play-to-earn games have seen explosive growth so far in 2024, with the launch of Notcoin and its hot token fueling a new wave of popular games. The biggest of those so far is Hamster Kombat, a game that tasks you with running a crypto exchange as a fuzzy hamster. Gemz is basically that—but with sloths operating a crypto-mining firm.…
Friend.tech Plunges 25%, Hits All-Time Low After Saying It’ll Stay on Base L2
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Decentralized social media platform Friend.tech has decided to keep its token and liquidity on Coinbase-incubated layer-2 network Base. It was just last month, on June 10,…
UAE’s Zand Bank to Offer Crypto Services
Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain connectivity. Zand will leverage Taurus’ integrated custody and tokenization solutions to expand its digital […] Source: https://news.bitcoin.com/uaes-zand-bank-to-offer-crypto-services/
Nintendo will not use generative AI to build game titles
Nintendo’s president addresses the risks of intellectual property breaches with generative AI at a shareholder meeting. Source: https://cointelegraph.com/news/nintendo-avoids-generative-ai-ip-risks