Countries like the Bahamas, Nigeria, China, and Jamaica have launched central bank digital currencies (CBDCs), but adoption remains low. Only 3 out of 134 countries have fully launched CBDCs, with privacy concerns and technical divides hindering widespread usage. #Update
Analyst CryptoKnight predicts $FLOKI will hit $0.34 in 2024 after a 500% surge this year. PlayDoge’s presale raises $5.5M. Both show strong fundamentals and innovative ecosystems. #Crypto
Malaysia’s largest electricity utility, @Tenaga_Nasional, reports $755M losses from illegal Bitcoin mining since 2018, impacting the energy sector and potentially leading to tariff hikes. Authorities seized $500K in equipment. #BitcoinMining #Update
Nigeria’s Finance Minister Wale Edun urges new SEC board to create strict crypto regulations to protect market integrity. Board, approved by President Bola Tinubu, plans updates to aid crypto firms. #CryptoRegulation #Update
SBI Digital Markets expands in South Korea with the appointment of ex-Bank of Korea exec Jai Yung Byun as principal consultant. Byun’s expertise in financial strategy and regulation will drive growth and compliance. #Finance #Update
Angry Pepe Fork, a new meme coin on Solana, gains traction with its unique staking model and has raised nearly $200k in presale. Projected to rally 200%, it offers APY based on lock-in periods and a $50k TaskOnCampaign giveaway. #Update
Cambodia’s Huione Guarantee, linked to the ruling family, identified by Elliptic as a major hub for crypto scams, laundering over $11B since 2021 via Telegram and USDT transfers. #CryptoCrime #Update
SEI, the native token of Sei blockchain, surged 13% after launching its beta version of Sei v2 mainnet. SEI is now trading at $0.3422 with a daily volume of $211M. This update follows a $10M grant for NFT projects. #CryptoNews #Update
China Pacific Insurance Group ($CPIC), China’s second-largest property insurer, partners with Swiss crypto bank AMINA Group to offer investment advisory and banking services in Asia Pacific. This collaboration enhances CPICIMHK’s expertise in early-stage blockchain startups. #CryptoNews
BlackRock’s IBIT ETF holds $18B in BTC, with $121M inflows on July 9. Spot BTC ETFs saw $216.4M inflows Tuesday, sustaining bullish momentum. Bitcoin hit $59.4K intraday high. #CryptoMarket #BTC
TIA, the native token of Celestia, surged 20%, trading at $7.21 with a market cap over $1.4B. Launched on Oct 31, 2023, Celestia uses unique data availability sampling, boosting network scalability. #Crypto #Update
Zodia Markets, @StanChart’s crypto arm, is in talks to acquire Elwood Technologies’ OTC business. This move aims to enhance Zodia’s OTC services and secure virtual asset licenses in Jersey. #Update #CryptoNews
Profiling web3 gamers can help blockchain gaming go mainstream. Stardust CEO Canaan Linder identifies 5 player types: Grinder, Optimizer, Evangelist, Explorer, and Speculator, each crucial for engagement and retention. #BlockchainGaming #Update
TeraWulf Inc. repaid its $77.5M term loan early, eliminating all debt. Shares surged 140% YoY, driven by AI demand. The firm plans to expand its zero-carbon energy Bitcoin mining capacity to 295 MW and focus on AI infrastructure. #Update #Bitcoin #AI
