The Open Network Ventures, founded by former TON Foundation leaders, has launched a $40 million fund to back early-stage crypto projects within the TON ecosystem. Source: https://cointelegraph.com/news/ton-ventures-40m-fund-crypto-projects?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
$2.3 Billion in Dollar, Euro Bills Shipped to Russia Despite Ban
Despite Western restrictions imposed after Russia invaded Ukraine, billions of dollars and euros in banknotes have flowed into the country. This suggests that Russia has found ways to circumvent these restrictions. Despite official efforts to reduce reliance on foreign currency, Russian citizens still prefer dollars and euros. Russia Successfully Skirts Western Sanctions Dollar and euro […] Source: https://news.bitcoin.com/2-3-billion-in-dollar-euro-bills-shipped-to-russia-despite-ban/
Stablecoin issuance could be key to the next Bitcoin rally: 10x Research
More than $2.5 billion has been issued by Tether and Circle over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally. Source: https://cointelegraph.com/news/stablecoin-issuance-could-be-key-bitcoin-next-rally-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Core Scientific drops 10% after $400 million convertible senior note offer
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts. Source: https://cointelegraph.com/news/core-scientific-drops-10-after-400-million-convertible-senior-note-offer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pump.fun daily revenue outpaces the next 24 protocols combined
Solana memecoin deployer pump.fun has generated more than $5.3 million in revenue in the last 24 hours, out-earning Ethereum, Solana, and Tron and everyone else. Source: https://cointelegraph.com/news/pump-fun-daily-revenue-outpaces-the-next-24-protocols-combined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This Deepfake Tool Turning Images Into Livestreams is Topping the GitHub Charts
Deep-Live-Cam, a deepfake tool that turns photos into live video streams, has quickly become the most liked repository for developers to download on GitHub. Built primarily in the Python scripting language, Deep-Live-Cam is easy to download and modify, and the highly accessible nature of the Python language means that it can potentially be implemented into applications that will work on…
BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert
The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble, Indian rupee, and Chinese yuan. He underscored the importance of economic self-reliance and the challenge to Western […] Source: https://news.bitcoin.com/brics-countries-deem-us-dollar-less-important-in-global-trade-says-indian-expert/
Coinbase teases 'cbBTC’ days after BitGo Wrapped Bitcoin controversy
Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base. Source: https://cointelegraph.com/news/coinbase-teases-cbbtc-after-bitgo-wrapped-bitcoin-controversy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ASX sued over prior statements about its now-abandoned blockchain project
The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan. Source: https://cointelegraph.com/news/asx-sued-over-statements-on-abandoned-blockchain-project?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not be automatically executed, being examined on a case-by-case basis […] Source: https://news.bitcoin.com/brazilian-crypto-exchange-mercado-bitcoin-launches-flexible-crypto-collateralized-loans/