The number of Telegram users worldwide is surging as interest in games on the platform explodes. Pavel Durov, Telegram’s founder and CEO, announced Monday that the messaging platform has reached 950 million monthly active users. ”Up from 900 million in the spring,” he wrote. “On track for 1 billion!” The milestone was undoubtedly reached more swiftly thanks to the immense interest…
Month: July 2024
XRP Gains Amidst Crypto Slump as Bitcoin Bulls Falter
The U.S. Securities and Exchange Commission has concluded a three-year investigation into Hiro Systems, a blockchain software developer formerly known as Blockstack, without recommending enforcement action. This decision marks a significant victory for the crypto industry, which has long grappled with regulatory scrutiny. Background of the Investigation Hiro Systems raised $70 million through token sales from 2017 to 2019. The…
Abra Acquires Valkyrie Trusts Amid Regulatory Settlements
Crypto trading platform Abra has announced the acquisition of several private cryptocurrency trusts from Valkyrie Investments. This move comes shortly before Abra settled with 25 U.S. state financial regulators for operating without the necessary licenses, marking a significant development in the crypto industry’s regulatory landscape. Details of the Acquisition Abra Capital Management LP, the asset management arm of Abra, took…
Here Is Today’s ‘Musk Empire’ Stock Exchange Daily Combo
In brief We have the Musk Empire stock exchange daily combo for Monday, July 22. Musk Empire is a popular Elon Musk-themed Telegram tap-to-earn crypto game. The developers plan to launch a token on The Open Network (TON) and reward players with an airdrop. Musk Empire is one of the latest Telegram-based tap-to-earn games that’s catching steam ahead of a…
Crypto Becomes 2024 Election Issue as Biden, Trump Vie
Cryptocurrency has emerged as a critical battleground issue in the 2024 presidential election, with both President Joe Biden and former President Donald Trump vying for the support of the crypto community. Recent events highlight the growing importance of digital assets in political discourse and policy-making. Crypto Roundtable in Washington D.C. On Wednesday, Democratic Representative Ro Khanna from California hosted a…
Trump Media, Crypto Stocks Surge After Shooting Incident
Trump Media & Technology Group (NASDAQ:DJTWW) and various crypto stocks experienced a significant surge on Monday following an assassination attempt on Republican candidate Donald Trump. This incident has boosted investor confidence in his chances of winning the upcoming U.S. elections. Trump Media and Technology Group’s Surge Shares of Trump Media & Technology Group (NASDAQ:DJTWW) skyrocketed by 46%. Trump owns a…
Trump Reaffirms Bitcoin Conference Commitment After Attack
Former President Donald Trump has reconfirmed his commitment to attend this year’s Bitcoin Conference in Nashville, Tennessee, following an assassination attempt in Butler, Pennsylvania over the weekend. This announcement has been met with heightened anticipation and security measures as the event approaches. Trump’s Commitment to the Bitcoin Conference Despite the recent attempt on his life, Trump remains resolute in his…
El Salvador Bitcoin Bonds Soar on Potential Trump Win
El Salvador’s Bitcoin bonds have emerged as a top trade in emerging markets, bolstered by the potential return of Donald Trump to the White House. This development comes as bond investors speculate that a Trump presidency could unlock billions of dollars in funding for El Salvador from multilateral institutions like the International Monetary Fund (IMF), which have been hesitant to…
BlackRock CEO Endorses Bitcoin as Legitimate
BlackRock (NYSE:BLK) CEO Larry Fink has recently endorsed Bitcoin as a legitimate financial instrument during an interview with CNBC’s Jim Cramer. This marks a significant shift in Fink’s stance, as he previously expressed skepticism about the cryptocurrency. Larry Fink’s Change of Heart Fink, once a Bitcoin skeptic, shared his transformation: “I was a proud skeptic, and I studied it, learned…
Andrew Tate’s Memecoin Highlights Crypto’s Bro Problem
Andrew Tate, currently facing human sex trafficking and rape charges, has launched a Solana-based memecoin named DADDY while awaiting trial outside Romania. This move, announced through a confident declaration on X, signals his intent to leverage the global stage to promote his cryptocurrency. Celebrity Endorsements and Memecoins Tate is not alone in using memecoins to boost his brand and generate…