USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions. Source: https://cointelegraph.com/news/circle-integrates-usdc-national-payment-systems-brazil-mexico?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Wintermute launches OutcomeMarket, US election prediction tokens
The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States. Source: https://cointelegraph.com/news/wintermute-us-election-prediction-market-harris-trump-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Catizen’ Telegram Game Airdrop: Everything You Need to Know
Catizen is the latest in a long line of Telegram crypto games taking the world by storm as it dangles a future airdrop in front of players. While not quite as massive as Hamster Kombat Catizen has still captured the attention of over 35 million players with the promise of a token airdrop. Now we are within touching distance of…
How Fed Rate Cuts Will Impact Bitcoin, Ethereum, and Solana
After 14 months of maintaining federal interest rates in the range of 5.25% to 5.5%, the Federal Reserve is set to announce a reduction in rates. For the cryptocurrency market, Fed rate cuts could signal a positive shift. The decision, expected during the Federal Open Market Committee meeting, is anticipated to be significant, with markets assigning a 65% chance of…
Binance Denies Responsibility in WazirX Hack, Says It Never Acquired the Company
Binance denies WazirX ownership and responsibility for a recent $235 million hack, urging the platform to address user fund losses. Binance released a statement addressing recent claims about its relationship with the Indian crypto platform WazirX in a blog post earlier today. This announcement follows a reported hack on WazirX in July 2024, which resulted in the loss of user…
Trump Launches New Cryptocurrency Venture but Declines to Share Details
Donald Trump has officially launched his family’s cryptocurrency venture, World Liberty Financial, during a livestreamed interview on the social media platform X. This announcement comes as Trump, the Republican presidential nominee, seeks to expand his influence in the digital currency space. However, the details surrounding the venture remain vague, sparking curiosity and skepticism alike. Limited Details on World Liberty Financial…
Some pro-crypto Trumpers suggest he ‘lost their votes’ after token launch
Though some Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project. Source: https://cointelegraph.com/news/crypto-donald-trump-wlfi-token-voting-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds.” style=”float:left;margin:0 15px 15px 0″ />Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for…
OpenAI’s o1: The Good, the Bad, and the Ugly of AI’s Latest Brainchild
Last week, OpenAI unveiled its latest AI model, o1, after a wave of speculation involving different post-GPT4 models with cryptic names including “Strawberry,” “Orion,” arguably “Q*,” and the obvious “GPT-5.” This new offering promises to push the boundaries of artificial intelligence with enhanced reasoning capabilities and scientific problem-solving prowess. Developers, cybersecurity experts, and AI enthusiasts are abuzz with speculation about…
Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last. Source: https://cointelegraph.com/news/bitcoin-rallies-to-61k-but-derivatives-traders-are-still-skeptical-here-is-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound