? The UAE Central Bank (@CBUAE) approved new rules for stablecoins, allowing only Dirham-backed tokens for transactions. This may limit the crypto industry and affect the UAE’s digital economy goals. Current ban on crypto mining adds to concerns. #CryptoRegulations
? Sui partners with @CopperHQ to enhance custody infrastructure for stablecoins and RWAs on its L1 blockchain. This includes new staking and DeFi features, despite $SUI dropping 2.82% to $0.856. #Update #BlockchainNews
Algorand Foundation launches LiquidAuth, a decentralized tool to secure wallet authentication, addressing vulnerabilities in centralized systems like WalletConnect. It enhances security with peer-to-peer connections and invites community contributions. #CryptoSecurity #Update
Cosmos ($ATOM) is advancing blockchain tech with its Inter-Blockchain Communication protocol, enhancing performance and governance. Using Tendermint BFT, Cosmos enables scalable, secure token transfers. With staking rewards up to 16.14%, it’s gaining traction. #Update #Crypto
Sonic, @Solana’s first gaming L2 platform, hit 100K wallets and processed 17M transactions days after its testnet launch. Boosted by $12M Series A from @BITKRAFTVC, Sonic aims to elevate the $SOL gaming ecosystem. #Update #BlockchainGaming
Dubai’s crypto regulator grants Binance FZE a Virtual Asset Service Provider license, enabling @binance to serve all UAE residents. Users must update their KYC by Dec 15. #CryptoRegulation #Update
Cardano ($ADA) successfully defended against a DDoS attack on June 25, maintaining normal operations. Attackers lost funds, highlighting Cardano’s robust security. #Blockchain #CryptoNews
Ripple CEO Brad Garlinghouse warns that SEC Chair Gary Gensler’s actions, including threats to imprison crypto execs, could cost President Biden the election. Garlinghouse highlights Gensler’s ties to Sam Bankman-Fried and FTX, urging balanced crypto regulations. #CryptoRegulation #Update
U.S. Bitcoin-ETF market sees $31.01M inflow after 8 days. @Fidelity’s FBTC led with $49M, while Bitwise’s BITB and VanEck gained $15M and $4M. Some funds like ARKB and $GBTC faced outflows. Analysts see rising investor confidence. #Update
The German government sold 595 BTC ($36.5M) on major exchanges like Bitstamp and Kraken, totaling over 2,000 BTC sold recently. Despite this, Germany’s Bitcoin holdings are still valued at $2.76B. $BTC remains stable above $61K. #Update
Arbitrum’s $ARB surged 7% to $0.8335, while Solana’s $SOL jumped 8% to $138.44 on lower transaction costs. Meanwhile, WW3 Shiba’s presale sees high interest, with $WW3S tokens priced at $0.001, aiming for 580% gains. #Update
GSR Markets has restructured its management, naming Jakob Palmstierna as president, with Rich Rosenblum and Xin Song now sharing the CEO role. This move aims for “24-hour coverage” amid a crypto rally fueled by Bitcoin ETF approvals. #Update
USDT supply on @ton_blockchain has exceeded $500M, reaching $519.28M just 2 months after launch. TON’s TVL now over $600M, driven by Telegram integration and Web3 games. $TON ranks top 10 with a $18.37B market cap. #Update #CryptoNews #TON
Kraken disclosed a critical bug allowing researchers to withdraw nearly $3M, sparking a dispute with CertiK. Kraken’s CSO accused CertiK of excessive withdrawals, while CertiK claimed large tests were vital to assess vulnerabilities. #CryptoSecurity
