Transak becomes first US crypto on-ramp to enable wire transfers
Wire transfers in the world’s largest economy could attract more high-net-worth individuals to crypto. Go to Source
Month: August 2024
Coffeezilla says ‘groundless’ Logan Paul lawsuit aims to ‘crush new investigations’
Coffeezilla believes the lawsuit aims to “crush new investigations while taking revenge for the old ones.” Go to Source
As ETH Plunges Below $3,000, AI Blended Meme Coin Raboo Outshines Rival Popcat With Remarkable Action
Ethereum’s price drops below $3,000, setting off alarm bells among investors. However, amidst this downturn and market volatility, Raboo ($RABT), an AI-powered meme coin, is making waves by outshining its rival, Popcat. Raboo’s $2 million presale record and recent remarkable action have captured the market’s attention, showing its potential to stand out even in challenging … Read more
Egyptian AI Startup Gets $2M for GCC, Africa Expansion
Egyptian artificial intelligence firm Synapse Analytics has secured $2 million to expand into the Gulf Cooperation Council region and Africa. The company has partnered with major banking product providers such as AWS, Crealogix, and TUMM. Using AI to Simplify Access to Finance The Egyptian artificial intelligence (AI) firm, Synapse Analytics, recently secured $2 million to … Read more
Cointelegraph and CryptoQuant Research Reveal TRON’s Inelastic Activity, Maintaining Stability
PRESS RELEASE. Geneva, Switzerland – August 6th, 2024 – Leading crypto media research arm Cointelegraph and leading crypto research platform CryptoQuant have released comprehensive research reports offering in-depth analyses of the TRON network. These reports highlight a continuous rise in network activity and emphasize TRON’s high transaction speeds, scalability, and cost-effectiveness, which make it a … Read more
Ronin Network exploited for $9.8M in ETH, white hat hacker suspected
If the exploit occurred due to a white hat hacker, the funds could soon be returned to the blockchain. Go to Source
Euro stablecoin market surges under MiCA
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted. Go to Source
Robinhood suspends 24-hour trades for 8 hours
Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%. Go to Source
Ethical hackers share tips on how to protect your crypto
Ethical hackers said that scammers using a fake site called Meetly.gg have rebranded it into Meeten.gg and are preparing to strike again. Go to Source
Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’
Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin fraud. I warned it would crumble like paper when it starts.” Bitcoin fell under $50,000 on August 5th, as the Japanese stock market also took … Read more