Fraudulent Crypto Websites Surge with AI Automation #Security
AI is driving crypto website fraud and influencer scams, warns Elliptic. A Reddit user lost $1300 to AI bot Jessica, and NovaDrainer scammed 10,000+ wallets. #Crypto #AI
Tokenized Asset Tax Reporting by Ledgible #Crypto
Ledgible launches a tax solution for tokenized assets, aligning with new IRS Form 1099-DA regulations. Partnered with @FTI_US, it streamlines compliance without altering operations. #Blockchain #TaxTech
Polygon Launches $1B POL Tokens for Developers #Crypto
Polygon unveils a $1B POL Community Treasury to boost developer engagement. The first grant season offers $22M in $MATIC for early-stage projects. Apply by Aug 31. #Crypto #Blockchain
Bitcoin Velocity Stagnates: Will BTC Payments Rise? #Bitcoin
Bitcoin’s transaction velocity hits a 13-year low, echoing early days. Shift towards “Digital Gold” signals preference over daily transactions. Ethereum’s smart contracts still lead. #Bitcoin #CryptoNews
Ripple Launches Major Blockchain Fund in Asia #Crypto
Ripple has launched the XRPL Japan and Korea Fund to drive blockchain innovation in Asia-Pacific with a 1 billion XRP commitment. Key partners include HashKey DX and SBI Holdings. #Blockchain #XRP
Biconomy Launches DAN Stack for AI Delegation #DeFI
.@Biconomy launched the Delegated Authorization Network (DAN) on June 11, 2024, enabling safe AI on-chain delegation and improving crypto security. #Blockchain #AI
Beercoin Price Surge as Holders Increase Rapidly #Crypto
Beercoin ($BEER) surged over 700% this week, hitting $0.000572 and boosting its market cap to $276M. Now listed on major exchanges, it highlights Solana’s potential. #Crypto #Solana
Decentralized RPCs Launched for Polkadot and Kusama #Crypto
SubQuery Network launches the first decentralized RPCs for Polkadot and Kusama, enhancing data access and security for dapps. Over 30 independent Node Operators support this milestone. #Web3 #Blockchain
Crypto.com Gains Ireland Service Provider License #Crypto
Crypto.com secures a Virtual Asset Service Provider license from Ireland’s Central Bank, enabling crypto-to-fiat exchanges in Europe. This boosts $LTC adoption and market activity. #CryptoNews
Tokenized Bond Issued by Bitcoin Suisse #Crypto
Swiss crypto custodian @BitcoinSuisseAG issued a tokenized bond on Obligate, using $USDC for settlement, to fuel its lending growth. Managing over $5.5B, it emphasizes security and efficiency. #CryptoNews
Cryptocurrency Gambling Ban Enforced in Australia #Crypto
Australia bans cryptocurrencies and credit cards for online gambling to curb addiction. Fines up to $155,000 for non-compliance. This move could impact the global crypto market. #GamblingRegulation
Polygon Invests 35M MATIC in Network Projects #Crypto
Polygon launches Season 01 of its Community Grants Program, committing 35M $MATIC to support developers in Polygon and Ethereum ecosystems, with funds transitioning to $POL in future seasons. #CryptoNews #Blockchain
PlayDoge Presale Hits $3.5M with Memes, P2E Gaming
PlayDoge’s presale has raised over $3.5M in two weeks, blending memecoins with Play-to-Earn gaming. $PLAY token presale price is $0.00506. Inspired by Tamagotchi, PlayDoge offers a pet companion game. #Crypto #P2E
Binance Invests in Zircuit L2 Network Expansion #Startups
Binance Labs invests in Zircuit, an Ethereum Layer 2 network in testnet. Zircuit enhances blockchain security with AI mechanisms. Mainnet launch expected soon. #Crypto #Blockchain