Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98
Crypto – Page 181 – DIGIT INFO

Crypto

Auto Added by WPeMatico

Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations

by

The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which tokens were issued, their purported classification, and the assets supporting the issuance of such tokens. Brazilian Securities Regulator CVM Investigates Tokenization Companies’ Activities The Brazilian … Read more

Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation

by

A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation, which is one of the highest among dollarized economies. FUNDE … Read more

Wazirx Announces FIR Filing Following Major Cyberattack

by

Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of an ongoing investigation by the Delhi … Read more

Binance Hit With $87 Million Tax Bill in India

by

Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees … Read more

Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’

by

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

Coinwire Report: Latam to More Than Double Its Crypto Trading Levels This Year

by

A recent report by Coinwire, a cryptocurrency research portal, predicts that cryptocurrency adoption levels in Latam will more than double in 2024. The report, which examined trading movements on trusted centralized exchanges according to Coingecko, forecasts that crypto trading volumes in the region will reach $7.82 trillion in 2024, with Brazil and Chile being the … Read more

USDB Stablecoin Experiences Volatility, Emphasizing Need For Diversification

by

This morning, USDB, the stablecoin launched by Blast, experienced significant volatility, dropping over 5% to a low of $0.9421 before rebounding to approximately $0.9945. USDB Drama: Lessons from the Depeg USDB, the stablecoin launched by Blast, took a dive this morning, slipping over 5% to $0.9421 before bouncing back to around $0.9945. For those holding … Read more

$ENA Faces Turbulent Times As It Nears Key Support Level

by

$ENA is currently facing a challenging period, approaching the crucial $0.20 support level amidst persistent bearish trends. The situation looks particularly dire for one significant investor, Whale 0x118d5, who might incur substantial losses if they decide to sell now. The wallet 0x118d5 (icrypto.ai/wallet/0x11d85…) gradually withdrew 4.09 million $ENA from Binance around four months ago and … Read more

Uniswap Team Deposits $7.47M In UNI To Coinbase Amid Treasury Management Efforts

by

The Uniswap team has made significant deposits to Coinbase, recently adding 1.13 million UNI tokens worth $7.47 million. This follows a deposit of 1.19 million UNI ($9.11 million) just seven days earlier. Since July 4, 2024, the team has deposited a total of 8.3 million UNI tokens, valued at $65.95 million, with an average price … Read more

Memecoin Investor Realizes 1,105% Profit Amid Market Weakness

by

Memecoin ($MEME) continues to be one of the weakest crypto assets, a trend that becomes especially apparent on days like today. An early pre-sale investor recently deposited 127.5 million $MEME, valued at $1.55 million, to Binance just an hour ago, earning a staggering $1.41 million profit. A Memecoin pre-sale investor deposited 127.5M $MEME($1.55M) to #Binance … Read more

You have not selected any currencies to display