India to release a crypto policy discussion paper by Sept 2024. @AjaySeth, Secretary of Economic Affairs, says it will clarify government stance and solicit stakeholder input. Key players: RBI, SEBI, IMF-FSB. #CryptoPolicy #Update
Thailand to roll out $14B digital currency giveaway in Q4. Adults 16+ can sign up via “Tang Rath” app from Aug 1 to Sept 15. Aims to boost economy, tackle debt. Expected participation: 50M people. #Economy #CryptoUpdate
Swiss crypto bank @SygnumBank reports H1 2024 profits as trading volume doubles. Spot crypto trading up 100%, crypto derivatives surged 500%, and lending volumes rose 360%. $BTC ETFs launched, $ETH ETFs anticipated. #Crypto #Update
HSBC Australia will block customer payments to cryptocurrency exchanges from July 24 due to rising scam concerns. Australians lost $171M in crypto scams in 2023. Customers can still receive funds from exchanges. #CryptoSafety
Chainbase partners with @AlibabaCloud to cut decentralized data distribution costs by 50%. The collaboration boosts storage and GPU power, aiming for 100% uptime. Chainbase’s $15M Series A funding was co-led by Tencent and Matrix Partners. #Update
Investors are flocking to Rollblock’s ($RBLK) presale, raising $1.3M. With blockchain tech ensuring fair play, Rollblock’s iGaming platform is set to outshine $SHIB and $PEPE in the $300B market. #Update #iGaming
Ontario Capital Markets Tribunal ends Bitfarms’ first poison pill against @RiotPlatforms’ takeover. Riot’s CEO calls it a win for shareholders. Bitfarms introduces new plan to counter creeping bids, ensuring fair treatment. #CryptoNews
FLOW surged 17% after being listed on @OKX_Australia and key network updates. Now trading at $0.6283 with a 361% volume spike to $150M, its market cap hit $950M. Developed by @dapperlabs, Flow supports dApps and digital assets. #Update $FLOW
Investors eyeing $KNG, $TRX, $MKR, $BONK, and $PEPE as all memecoins show profits. $KNG up 58% in 30 days, hitting MEXC; $TRX peaks at $0.14; $MKR surges past $3,000; $BONK gains 7063.6% YTD. #Update
Sen. Cynthia Lummis will propose legislation to designate Bitcoin as a strategic reserve asset at the Bitcoin 2024 conference. If passed, this bill could see the Federal Reserve holding Bitcoin, enhancing U.S. financial stability. #Bitcoin2024
Riot Platforms, Inc. acquires Block Mining, Inc. for $92.5M to boost hash rate. The deal includes 60 MW capacity, aiming to hit 100 EH/s by 2025. Analysts raise 2024 revenue estimates to $344.2M. #CryptoNews #Update
Tether minted $1B in new $USDT tokens on Tron without fees, pushing the stablecoin market cap over $160B. This move signals rising demand and confidence in stablecoins. #Update #CryptoNews
Pepe Unchained, a new Layer 2 memecoin, raised over $5M in presale, including $1M last week. Priced at $0.0086304, it promises 100x faster, cheaper transactions and 369% APY staking. Analysts predict 10x-100x returns. #CryptoNews
Political uncertainties hit $DOT and $BNB, leading investors to eye Rollblock. Experts predict Rollblock, a GambleFi token, could surge by 800%. Rollblock’s user-friendly platform attracted 5000 users and raised $1.3M, growing 70% to $0.017. #Update
