General category for all types of news related to the cryptocurrency world.
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
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
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
Investors earned over $1B shorting @MicroStrategy in Q2 2024, marking a 22.64% profit. Short positions rose to $1.2T in the US/Canada. Meanwhile, MicroStrategy added 11,931 BTC, worth $786M, now holding over 1% of total Bitcoin supply. #CryptoMarket #Update
The US House is set to uphold President Biden’s veto on repealing SEC rule SAB 121, restricting banks from holding cryptocurrency assets. The vote on July 10 is unlikely to overturn the veto, signaling Democrats’ alignment with Biden ahead of elections. #CryptoRegulation #Update
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
.@Consensys has launched the MetaMask Delegation Toolkit to streamline Web3 user activities and interaction with dApps. It supports EVM-compatible networks like Arbitrum, Avalanche, and Polygon. Developers benefit from simplified smart contract development and redistributed gas costs. #Web3 #Update
Up Network and @MovementLabs launch the Up Mobile, a Web3 smartphone with biometric sensors and zero-knowledge proofs for blockchain ID verification. Over 10,000 pre-orders aim for 100,000 units by year-end. #Web3 #Update
Analysts spotlight $DOT, $ADA, Angry Pepe Fork, and Book Of Meme for strong 2024 performance. Angry Pepe Fork’s unique earn mechanism could hit 100x. $DOT sees a 62% trading volume rise. #Update
Study finds crypto investors show traits of psychopathy, narcissism, and impulsivity, potentially affecting financial markets and investment strategies. The 2024 research highlights lower analytic thinking among $BTC holders. #CryptoPsychology #Update
Bybit, KuCoin, and Bitget begin premarket trading of Hamster Kombat ($HMSTR) tokens, linked to the tap-to-earn game. Prices range from $0.001 to $137. KuCoin requires KYC verification from July 19. #Update
