Ethereum: Tokenized Gold Boosts SOL Staking
Flowra and KorDA signed an MOU to use KGLD gold-backed tokens as collateral for $SOL staking, targeting the $6B tokenized gold market. #Update #Crypto $SOL
Crypto Alliance Launches Against Scam Centers
The US and UK have launched a joint law enforcement alliance to combat crypto investment fraud, with plans for in-person operations in London next month. #Update #Legal $BTC $ETH
Bitcoin Surges Above $81K as Zcash Jumps 15%
Bitcoin rises above $81,000 as traders reduce September Federal Reserve rate hike odds to 50%, with Zcash leading gains at 15%. #Update #Crypto $BTC $ZEC
Bitcoin Surges to $840K with Wall Street
Bitcoin could see $1.3T-$5.3T in inflows if portfolio allocations increase, potentially driving prices to $250K-$840K within 3-5 years, per @River’s model. #Update #Crypto $BTC
Blockchain Bank OpenReserve Gets Initial Approval
The Office of the Comptroller of the Currency has granted a provisional charter to @OpenReserve, allowing it to operate as a full-service bank for crypto-native institutions. #Update #Crypto
AMC CEO Slams Robinhood Over Synthetic Shares
AMC CEO @AdamAron criticized Robinhood for its tokenized shares, highlighting concerns over synthetic stocks and their on-chain representation. #Update #Crypto $AMC
Zcash Surges 50% Boosting Mining Profits
Zcash ($ZEC) hits $979, gaining 88.1% in 30 days as mining power surges. Bitmain’s Z15 Pro miner earns $59.09 daily, with profitability tied to price stability. #Update #Crypto $ZEC
Bitcoin Tied to $13B Crypto Scams
The U.S. Treasury’s FinCEN identified $12.7B in suspected crypto scams, with stablecoins like $USDT involved, leading to 276 arrests and nine dismantled scam centers. #Crypto #Legal
BitGo Launches Gold Tokenization on Core
@BitGo partners with Core Chain to launch a tokenization framework for real-world assets like gold, real estate, and fine art, emphasizing institutional custody. #Update #Crypto
Bitcoin Hashrate Surges 30 EH/s Milestone
CleanSpark expands its operational deployed hashrate beyond 30 EH/s after acquiring two Mississippi data center facilities, adding 75 MW of power capacity. #Update #Crypto
Tether Faces Lawsuit Over Frozen Crypto Coins
Two Thai businessmen have sued @Tether for allegedly freezing $42.4M in $USDT linked to a pig butchering scheme, testing stablecoin issuer authority. #Breaking #Legal $USDT
Bitcoin’s $100 Billion Lost Fortunes Exposed
James Howells lost 7,500-8,000 $BTC worth $578M in a landfill, while Stefan Thomas has 2 chances left to unlock 7,002 $BTC. #Breaking #Crypto $BTC
ECB Advances Digital Euro Preparation Phase
The European Central Bank’s report on the digital euro preparation phase highlights offline functionality, privacy mechanisms, and holding limits but lacks final issuance approval. #Update #Crypto
VPNs Banned Utah Leads Age Verification
Utah’s SB 73 mandates age verification for adult content websites, targeting VPN usage to bypass checks, with fines up to $2,500 per violation. #Update #Legal