El Salvador secures $1.6B from Yilport Holdings to modernize Acajutla and La Union ports, supporting Bitcoin City infrastructure. This is the largest private investment in the country’s history. @nayibbukele #Bitcoin $BTC #CryptoNews
? Binance to delist six crypto pairs including $CVP/USDT and $LOOM/BTC on Aug 26, 2024. Prices of $REEF and $FOR drop 25.15% and 39.11%, respectively. Binance may convert delisted tokens to stablecoins after Nov 27, 2024. #CryptoNews
Blast Founder Tieshun Roquerre: Current crypto market driven more by ETFs and regulations than tech innovations. Major updates for NFT marketplace Blur aim to rejuvenate interest. #CryptoMarket #Cryptocurrency $BTC
Source: https://hodl.press/blast-founder-discusses-cryptocurrency-market-cycle-insights/
? Binance exec Tigran Gambaryan’s health deteriorates in Kuje Prison; legal access denied since July, violating Nigerian law. Urgent medical care needed for herniated disc, throat infections, and pneumonia. #HumanRights #Binance $BNB @binance
Tether CEO warns MiCA’s 60% reserve mandate endangers stablecoins’ stability. Points to Silicon Valley Bank collapse as a cautionary example of increased systemic risk. Major crypto exchanges like $BINANCE are adjusting policies to comply. #Stablecoins
Coinbase criticizes CFTC’s proposed ban on US political betting, arguing it could harm prediction markets beyond politics. Polymarket, meanwhile, sees $1.1 billion in political bets despite regulatory threats. #CryptoRegulation
Gemini and Crypto.com challenge CFTC’s proposed political betting ban. Industry leaders argue the CFTC is overstepping its authority, potentially harming the broader betting market and decentralized prediction platforms. #CryptoRegulation
Celsius sues Tether for $2.4B over alleged wrongful liquidation of 39,542 BTC. Tether claims Celsius’s mismanagement is to blame. This case could reshape crypto lending norms. #CryptoNews $CEL $USDT
? $CEL sues $USDT to recover $2B in Bitcoin lost in alleged fraudulent transfers. Celsius claims Tether breached loan terms, causing a “fire sale” of 39,542.42 BTC at undervalued prices before Celsius’ bankruptcy. Outcome may set crypto lending precedent.
Shiba Inu’s Shytoshi Kusama mocks Dogecoin’s new gaming platform, emphasizing Shiba Eternity’s Web3 transition. Speculation rises as @Binance posts a Shiba Inu dog, hinting at broader crypto market impacts. $SHIB $DOGE #CryptoGaming #Web3
? Crypto Experts Debate $SOL vs $ETH After Market Crash: Solana’s DEX volumes surpass Ethereum, but VC investment lags. Market turbulence led to $500B crypto loss. $BTC rebounded to $55K. Solana’s user-friendly network offers significant investment potential. ? #CryptoNews
35 crypto projects raised $178.19M in early August 2024, led by Morpho Labs ($50M), DAWN ($18M), and Aidatify ($17.5M). Key areas: DeFi and blockchain infrastructure. Strong investor confidence drives innovation in the sector. #CryptoFunding
Ripple Labs tests RLUSD stablecoin on $XRP Ledger and $ETH. RLUSD is fully backed by USD deposits and US treasury obligations. Regular audits and monthly transparency reports promised. Expansion to other blockchains planned. #CryptoNews
Ripple’s CLO urges VP @KamalaHarris to stop SEC’s crackdown on crypto. Court orders $125M fine for Ripple, far less than SEC’s $2B demand, affirming XRP is not a security. Calls grow for SEC Chair’s removal. $XRP #crypto
