General category for all types of news related to the cryptocurrency world.
Grayscale launches a new fund focused on decentralized AI projects, including $Bittensor, $Filecoin, and $NEAR. This strategic move aims to capitalize on the growing AI market, projected to exceed $826 billion by 2030. #Update #Crypto #AI
Telegram launches a new browser and mini-app store, integrating Web3 functionalities for nearly 1 billion users. The update includes a seamless switch between browsing and messaging, enhanced in-app transactions, and an “Apps” tab for popular mini-apps. #Update
? The Central Bank of Azerbaijan will not issue a central bank digital currency (CBDC) due to concerns over monetary policy and financial stability, says Governor Taleh Kazimov. Azerbaijan is closely observing global CBDC developments first. #Update #FinancialStability
South Korea mandates new supervisory fees on crypto exchanges like @UpbitGlobal, @BithumbOfficial, and Coinone under the Virtual Asset User Protection Act. Larger exchanges will pay up to $199,592, while smaller ones face potential struggles. #CryptoRegulation
South Korea will impose a $220,000 supervisory fee on domestic crypto exchanges, including @Official_Upbit and @BithumbOfficial, starting next year under the “Virtual Asset User Protection Act.” Exchanges must keep 80% of users’ assets in cold storage. #CryptoRegulation
Despite Chainlink ($LINK) leading in oracles, Pyth Network ($PYTH) could grow 400% by 2025. PYTH’s market cap is $1.28B with 551 price feeds across 70 blockchains, while Chainlink has 132 feeds on 19 blockchains. #Update
Azerbaijan is monitoring CBDCs but has no plans to issue one, prioritizing monetary policy and financial stability, says Central Bank Governor Taleh Kazimov. Most central bank initiatives remain in pilot phases. China leads with its digital yuan.
In July 2024, crypto attacks hit $266M, up 51% from June. WazirX lost $230M, Compound Finance $24M, and LI.FI $9.73M, underscoring the urgent need for better security in decentralized protocols.
Telegram unveils an in-app browser for 950M users, enabling decentralized web navigation on TON. The new mini-app store centralizes 500M monthly users and introduces new payment features, boosting popular apps like Hamster Kombat and Catizen.
Aptos Foundation and OKX Ventures launch a $10M fund, Ankaa, to support blockchain projects in infrastructure, DeFi, gaming, social platforms, and AI. APT token dips 4% to $6.33 amid the unlock of 11.3M tokens.
Telegram, led by Pavel Durov, unveils a browser and mini-app store for TON-based sites, integrating browsing and messaging. Stars for in-app purchases debut on iOS and Android, enhancing Web3 experience for nearly one billion users.
CeFi platforms face escalating hacker attacks, with 70% of stolen crypto funds from breaches, says Cyvers CEO Deddy Lavid. Major losses, like the $235M WazirX hack, highlight urgent need for advanced security measures.
Polyhedra Network launched Proof Cloud in open beta at Google ZK Summit, supported by Google Cloud, Polygon, Linea, and Lita. Key feature Proof Arena optimizes ZK-proof performance, reducing costs by up to 90%.
99Bitcoins token presale (99BTC) raises $2.5M, introducing a learn-to-earn model. Users earn XP points for courses, convertible to tokens. Experts predict a 10x growth post-IEO, connecting to a $1.3T liquidity pool.
