Tether Halts USDT Minting on EOS, Algorand
Tether halts $USDT minting on EOS and Algorand, effective immediately. Users have one year for redemptions. This move aligns with Tether’s focus on security and community-driven support. #Update #CryptoNews
Wormhole Announces Significant W Token Unlock
"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
Trump’s Bitcoin Speech Ignites $2.6M Polymarket Debate
Former President Donald Trump’s Bitcoin pledge ignited a $2.6M Polymarket dispute. He vowed to halt U.S. Bitcoin sales if elected, leading to claims of a strategic national Bitcoin reserve. Users dispute the interpretation. #Bitcoin #Update
Bitcoin Whale Secures $388M Before Fed Decision
“Whale acquires $388M in Bitcoin, signaling confidence as Federal Reserve rate decision looms. BTC holdings hit 5,800. #Crypto #BTC $BTC #Update”
Stellar Lumens Set for Major Price Surge
Stellar Lumens ($XLM) prices surged 6%, reaching $0.105, marking a 36% rise from July lows. Analysts predict up to 600% gains if it breaks key resistances at $0.1125 and $0.1626. #Update #cryptocurrency
Chainlink Verifies 21Shares Ethereum ETF Reserves
“21Shares integrates Chainlink’s Proof of Reserve for real-time Ethereum ETF verification, enhancing transparency and security in digital assets. Investors get automated on-chain verification from Coinbase. #Blockchain #Update $ETH $LINK”
Finality Upgrade with One Bit Now Live
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 Unveils Trustless Rewards with Space-Time Integration
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
Tether Halts USDT Issuance on Algorand EOS
“Breaking: Tether halts $USDT issuance on Algorand and EOS, citing community interest and efficiency. Redemptions continue for 12 months. Supported blockchains include Ethereum, Tron, and Solana. #Crypto #Update”
Cosmos Network: Recent Outage Insights and Analysis
Cosmos Hub experienced a 4-hour outage due to a bug in the v17 upgrade, affecting Liquid Staking Module security. Developers swiftly resolved the issue, restoring operations by 12:30 AM GMT. $ATOM token remained stable at $8.65. #Update #Blockchain
Riot Increases Bitfarms Stake to 15.9%
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
Crypto Bill Submitted by UK Legal Body
“Breaking: UK Law Commission proposes new property category for digital assets like $BTC and NFTs. Aims to improve legal clarity and foster innovation. #CryptoLaw #Update”
Uniswap Labs Challenges SEC’s DeFi Regulations
Uniswap Labs (@Uniswap) slams SEC’s Wells notice, calling regulatory attempts on DeFi “misguided and legally unsound.” Confident in their legal stance, they’ve hired top lawyers. This clash could reshape digital asset regulations. #DeFi #crypto
Bitcoin Mining Boom: Riot Stock’s Growth Potential
Riot Platforms (@RiotBlockchain) identified for significant growth by H.C. Wainwright analyst Mike Colonnese despite a 34% YTD stock decline. Q2 results show operational growth and $1B liquidity. Target hash rates: 36.3 EH/s (2024), 56.6 EH/s (2025). #Update