India Presents Budget With No Changes to the Crypto Tax
An Overview of the Budget and Community Reactions to India’s Current Crypto Tax System The Indian cryptocurrency community is apprehensive about the future of digital assets as a result of…
The CEO of Telegram highlights how the cryptocurrency game Catizen made $16 million from in-app purchases
Pavel Durov, the CEO of Telegram, said on his messaging app that Catizen, a tap-to-earn cryptocurrency game, has “earned” $16 million through in-app purchases. With over 26 million players, Catizen…
Spot Ethereum ETFs produce trading volume exceeding $1 billion on their first day of trade
It was Ethereum ETH -1.18%’s turn to steal the show, seven months after Bitcoin made its dramatic Wall Street debut. Spot Ethereum exchange-traded funds, which comprise nine distinct ETFs from…
Lightning Labs launches updated Taproot Assets with the goal of enhancing stablecoin settlement
The capacity to create digital assets, such as stablecoins on Bitcoin BTC -2.19%, and then send them via the Lightning Network was made possible by Lightning Labs’ announcement that Taproot…
Singapore grants Hex Trust, a cryptocurrency custodian, a preliminary MPI license
In an effort to grow in the city-state of Singapore, institutional crypto custodian Hex Trust has received in-principle permission for a Major Payment Institution (MPI) license. The Monetary Authority of…
Alumni of Coinbase contribute $21 million to NPC Labs, a startup that builds infrastructure for web3 gaming
Pre-seed and seed fundraising rounds for NPC Labs, a web3 gaming infrastructure firm co-founded by three former Coinbase employees, have raised a total of $21 million. Thanks to the leadership…
Bulls in bitcoin aim for $72K following a 5-week high in the premium of BTC futures
On July 22, the price of Bitcoin (BTC) tickers down $66,860 reached an intraday peak of $68,518—its highest level in forty days. The 19.4% increases in ten days were driven…
BlackRock’s IBIT achieves $523M in inflows on the largest day since March
With more than $523 million coming into the BlackRock spot Bitcoin exchange-traded fund (ETF) on Monday, it saw its largest day of inflows in more than four months. Hey Apollo…
Asia’s first inverse Bitcoin ETF will debut in Hong Kong
The CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), Asia’s first Bitcoin futures inverse product, will debut in Hong Kong on July 23. One of the biggest asset managers in…
SoMon’s Innovation: Revolutionizing Web3 Social Communication
With the introduction of its application on Base, SoMon, a decentralized Web3 forum that promotes user-owned content and connections, accomplished a noteworthy milestone by completing over 300,000 on-chain transactions in…
Tezos and TapNation Work Together to Launch Athletics Rush
The well-known mobile game publisher TapNation, which has more than 50 titles in its library and over 1 billion downloads, has declared that it would be launching Athletics Rush on…
In the most recent cryptocurrency rise, meme currencies surpass BTC and ETH
On July 21, Bitcoin (BTC) momentarily crossed $68,000, setting off a wave of price spikes throughout the cryptocurrency market. Memes have taken center stage in this environment, surpassing both Bitcoin…
July’s rebound in bitcoin on-chain measures is still strong, according to Bitfinex
After recovering 29% since July 5th, Bitcoin (BTC) hit a 38-day high of $68,560 last week. According to the most recent Bitfinex Alpha, on-chain metrics for BTC are robust. Since…
Lumx establishes a $250k fund for Latin American Polygon projects
A $250,000 fund has been established by Web3 startup Lumx to expedite on-chain development on the Polygon network in Latin America. By providing grants to businesses developing apps on any…
950 million people use Telegram amid the surge in cryptocurrency gaming
The popularity of games on Telegram is exploding, leading to a surge in the global user base. The CEO and founder of Telegram, Pavel Durov, declared on Monday that there…
WazirX hacker dumps Chainlink, Uniswap, and Other Alternatives
The hackers behind the WazirX exploit has liquidated a considerable portion of its illegitimate gains, as analysts have observed, which has had a substantial impact on some prices. The top…
Liquidium, a Bitcoin DeFi Platform, Offers an Unexpected Airdrop
An airdrop by Liquidium, a Bitcoin-based digital asset lending and borrowing platform, shocked both Ordinal holders and customers. 10% of the total token supply was issued during Liquidium’s token-generation event…
Through Noble, Ondo’s USDY debuts natively in the Cosmos ecosystem
With the debut of Ondo US Dollar Yield (USDY) on Cosmos, the teams at Noble Blockchain and Ondo ONDO -4.19% Finance have introduced the first native yield-bearing dollar stablecoin within…
Cryptocurrency miner HIVE Digital plans to construct a 100 MW facility in Paraguay
HIVE Digital Technologies, a bitcoin mining company, revealed intentions to construct a new 100 megawatt (MW) cryptocurrency mining plant in Paraguay. According to a release from the company, executive chairman…
Tuesday saw the SEC approve spot Ethereum ETFs for trading
The registration forms for the Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust, as well as those from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco Galaxy, have…