Investors often view exchange reserve data as one of the key indicators for assessing long-term holding demand. When exchange reserves drop, the available supply for purchase becomes scarce, which can help push prices higher. Several altcoins have shown a notable decline in exchange reserves during the first week of August, just as the altcoin market…
Animoca Brands has established Anchorpoint Financial Limited, a joint venture with Standard Chartered Bank (Hong Kong) Limited and HKT, to apply for Hong Kong’s first stablecoin issuer license under the city’s new regulatory framework. The partnership submitted a formal interest to the Hong Kong Monetary Authority on August 1, the same day the Stablecoins Ordinance…
Older Americans are losing money to imposter scams at an alarming rate, with losses and case numbers surging to record highs, according to new data from the Federal Trade Commission (FTC). Key Takeaways: FTC data shows seniors’ imposter scam losses hit $700M in 2024, up 362% since 2020. Scammers pose as trusted officials or companies…
Binance has teamed up with Spain’s BBVA to let customers store their assets off the exchange, a move aimed at boosting investor confidence nearly two years after the company paid a record $4.3 billion US fine. Key Takeaways: Binance partnered with BBVA to offer off-exchange asset custody, aiming to boost investor trust. Client funds will…
Upbit, South Korea’s largest cryptocurrency exchange, has announced today the listing of Story (IP), the native token of the Story Protocol. The announcement has sparked a significant double-digit surge in the token’s price. It also made IP the top trending coin on CoinGecko. Story (IP) Secures Upbit Listing For context, Story Protocol is a layer…
Ripple Labs and the US SEC have officially ended their nearly four-year legal fight, marking one of the most closely watched cases in crypto history. The move sent XRP up more than 13% following the announcement. On Thursday, both parties filed a joint notice with the US Court of Appeals for the Second Circuit, stating…
Although the altcoin season index remains subdued, trading behavior suggests pockets of interest are forming. Bitcoin still dominates, but attention is shifting toward select tokens with strong liquidity, real-world activity, or sustained momentum. Dogecoin, Sui, and Pudgy Penguins are among the few making that short list. Dogecoin Holds a Familiar Place Dogecoin (DOGE)’s price is…
Tether, the company behind the world’s largest stablecoin USDT, has made a new investment in Bit2Me, acquiring a minority stake in the Spanish crypto platform. As part of the deal, Tether is also leading a €30 million ($34 million) funding round to support Bit2Me’s expansion across Europe and Latin America. Tether Acquires Minority Stake in…
Ripple, a leading force in enterprise blockchain and crypto-based payments, announced on Thursday its acquisition of stablecoin-powered platform Rail for $200 million. Today, we’re acquiring @RailFinancial: https://t.co/phM8Bnsa7m This strengthens Ripple’s leadership in crypto infrastructure and stablecoin payments by adding Rail’s robust back-office and virtual account capabilities to our global payments network. Learn how this deal…
Several low-cap tokens stormed the crypto leaderboard in August, leaving investors baffled and opportunistic traders euphoric. With gains exceeding 2000% in some cases, tokens like TROLL, MEMEFI, and MYX have turned micro-bets into millions. However, beneath the euphoria, many are torn between whether this is a revolution in the making or a well-orchestrated mirage. Anatomy…