Sui’s technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat. Source: https://cointelegraph.com/news/sui-could-be-solana-fiercest-competitor-k33-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
HTX DAO x TRON TOKEN2049 Afterparty: Leading the Next Decade of Web3 Ecosystem
PRESS RELEASE. September 19, Singapore – Today, HTX DAO and TRON, in collaboration with Alethea AI, Tour Billion, BitWave, ChainGPT, Google Cloud, and The Block, hosted an afterparty following TOKEN2049, one of the world’s most influential Web3 events. This highly anticipated crypto night brought together over 1,100 Web3 pioneers to discuss the future of the […] Source: https://news.bitcoin.com/htx-dao-x-tron-token2049-afterparty-leading-the-next-decade-of-web3-ecosystem/
Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by law. Despite this, Binance reportedly remains popular among Nigerian users. Binance Conditions License Application on […] Source: https://news.bitcoin.com/binance-seeks-release-of-jailed-employee-before-pursuing-nigerian-license/
Solana’s New Phone Promises More for Less—And Already Seeing Huge Demand
Last year’s launch of the Solana Saga smartphone was a big bet by Solana Labs that didn’t initially appear to pay off. But a year-end surge in demand around the then-discounted phone, thanks in part to the surging value of token airdrops tied to it, cleared out the remaining stock and prompted questions about what’s next. Enter “Chapter 2.” Revealed…
Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’
Solana’s new Seeker device will be a “rewards magnet” like the Saga, but it’s not just a “memecoin phone,” says Solana Labs General Manager Emmett Hollyer. Source: https://cointelegraph.com/news/solana-unveils-seeker-smartphone-upgrade-to-saga?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto scammers orchestrate massive hack on X but barely made $8K
The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla. Source: https://cointelegraph.com/news/crypto-scammers-huge-hack-pump-memecoin-making-8k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes […] Source: https://news.bitcoin.com/south-korea-hong-kong-lead-crypto-market-growth-in-east-asia/
Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing forward. The U.S. remains lagging behind Europe and […] Source: https://news.bitcoin.com/global-surge-in-cbdc-development-134-countries-now-exploring-digital-currencies/
‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan. Source: https://cointelegraph.com/news/ethereum-haters-look-silly-bitwise-cio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Oh It Did Go Through!’: Bitcoin Boosters Get Trump to Buy Burgers With BTC
Days after announcing the launch of decentralized finance (DeFi) platform World Liberty Financial during an interview with Decrypt sister company Rug Radio, former U.S. President Donald Trump used Bitcoin to buy burgers during a stop at PubKey Bitcoin bar in Manhattan on Wednesday. Bitcoin backers at the bar helped Trump with the process, which included scanning a QR code with…