General category for all types of news related to the cryptocurrency world.
Cardano ($ADA) thwarted a DDoS attack on June 25, with the attacker losing funds instead of gaining. Despite targeting 194 smart contracts, the network remained stable. Users can deregister attacker’s stake credentials for 2 ADA each. #crypto #Update
British fintech Unlimit integrates with World App to enable $WLD to fiat conversions in Colombia, Mexico, and Europe. This move boosts crypto-wallet-to-bank transfers and enhances financial access. #CryptoNews #Update
“Congress to discuss tokenization of real-world assets on June 5, 2024. Key focus: efficiency, risk reduction, and market growth. Notable: 782% rise in tokenized treasury products. Led by Patrick McHenry. #DigitalAssets $RWA #Update”
"Breaking: Wormhole to unlock 6% of $W tokens on Aug 3, 2024, boosting community tokens to 17%. Managed by Wormhole Foundation for community projects. Next unlock set for April 3, 2025. #Crypto #Update"
Source: coingape.com
VeChain upgrades its consensus mechanism with “Finality with One Bit” (FOB) on its testnet under VIP-220, enhancing transaction finality and security. $VET is trading at $0.0246, reflecting a 19% rise. #CryptoNews #Update
Karak integrates @SpaceandTimeDB’s zero-knowledge tech to boost trustless slashing and rewards on its Ethereum-based DSS platform. This $48M-backed move, with support from @coinbase and @PanteraCapital, aims to enhance security across the crypto ecosystem. #Ethereum #Update
Riot Platforms (@RiotBlockchain) increased its stake in Bitfarms by buying 10M+ shares in July, now holding 71.56M shares valued at $159.1M. This follows a rejected $950M bid for Bitfarms in May. $RIOT #BitcoinMining #Update
Privado ID, previously Polygon ID, separates from @0xPolygon to target the $101B digital identity market. The platform uses decentralized tech to boost user trust and lower risks. Integrated with @Consensys’ Linea zkEVM Chain. #Update #DigitalIdentity
Montenegro’s Court of Appeal has approved extradition of former Terraform CEO Do Kwon to South Korea over a $40B crypto fraud related to TerraUSD and Luna. U.S. extradition request denied. $LTC #CryptoFraud #Update
Ava Labs partners with South Korea’s SK Group to integrate blockchain in K-pop, using NFTs for merchandise and ticket sales to ensure artists’ fair compensation. The K-pop market, projected to hit $20B by 2031, sees major digital transformation. #Update
Arthur Hayes, co-founder of BitMEX, launches Airheads NFTs on Ordinals. Featuring balloon characters, a unique leaderboard ranks wallets by size. 10% of funds support Bitcoin dev grants. Maelstrom fund backs the project via Oyl wallet. #NFT #Update
Injective Labs and @21Shares launch the first $INJ-linked ETP on Euronext Amsterdam and Paris, attracting 25 banks and brokerages. This milestone brings traditional finance closer to decentralized markets, offering an estimated 19.38% staking reward. #Update
The 99Bitcoins token presale ends in 6 days, raising $2.5M. The unique Learn-to-Earn model rewards users for crypto learning. Analyst Jacob Bury predicts a 10x price increase post-launch. #Update #CryptoNews $99BTC
ECB plans two more rate cuts due to euro zone weakness, says policymaker Yannis Stournaras. Speculation rises on whether the U.S. Federal Reserve will follow. Recent job data and inflation trends keep Fed’s next move uncertain. #Update
