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Showing posts from September, 2024

Vana Confirmed Airdrop - New Game in Telegram

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Vana Confirmed Airdrop - New Game in Telegram Vana transforms data into currency to advance the future of decentralized AI. Built on a layer one blockchain, it’s designed to protect user privacy and ensure that individuals fully own their data. With Vana, users can collectively control, manage, and profit from AI models that are trained using their data. In essence, Vana is a network for data liquidity. It makes data more dynamic by addressing the "double spend" issue, ensuring that data... Coinatory

Coinbase’s Base Network Faces Over 34,000 High-Risk Vulnerabilities in Smart Contracts

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Coinbase’s Base Network Faces Over 34,000 High-Risk Vulnerabilities in Smart Contracts Base, the Ethereum Layer-2 network developed by Coinbase, is grappling with over 34,000 high-risk vulnerabilities in its smart contracts, according to recent data. Among the major issues identified are malicious boolean checks and library tampering, posing serious threats to network integrity. According to Trugard Labs, which leveraged its Xcalibur tool to assess risk, Base recorded more than 34,000 high-risk vulnerabilities in August alone. ... cryptocurrency news today

Bitget Sponsors LALIGA, Featuring Lewandowski, Mbappé, and Vinícius Jr.

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Bitget Sponsors LALIGA, Featuring Lewandowski, Mbappé, and Vinícius Jr. Cryptocurrency exchange Bitget has entered a major partnership with Spain’s premier football competition, LALIGA, becoming its official crypto partner for the Eastern, Southeast Asian, and Latin American regions. The collaboration, announced at the Token2049 event in Singapore, marks Bitget's strategic expansion into the sports sector across emerging markets. Bitget Secures LALIGA Crypto Partnership The multi-million dollar deal provides B... cryptocurrency news today

Upcoming economic events 20 September 2024

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Upcoming economic events 20 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:002 pointsChina Loan Prime Rate 5Y (Sep)3.85%3.85%01:152 pointsPBoC Loan Prime Rate3.35%3.35%02:302 pointsBoJ Monetary Policy Statement------------------03:003 pointsBoJ Interest Rate Decision0.25%0.25%06:302 pointsBoJ Press Conference------------------15:002 pointsECB President Lagarde Speaks------------------17:002 pointsU.S. Baker Hughes Oil Rig Count---------48817:002 pointsU.S. Baker H... Coinatory

RedStone Introduces First Price Oracles to TON Blockchain

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RedStone Introduces First Price Oracles to TON Blockchain Blockchain innovator RedStone has successfully integrated its oracle solution into The Open Network (TON), marking a pivotal development with the introduction of the first-ever price feeds on the blockchain. This move is expected to enhance TON's decentralized finance (DeFi) ecosystem by providing real-time, gas-efficient data solutions. Toncoin, the native cryptocurrency of TON, saw a 4.18% uptick following the announcement, signaling market... cryptocurrency news

MicroStrategy Transfers 4,922.7 Bitcoin to Three New Addresses

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MicroStrategy Transfers 4,922.7 Bitcoin to Three New Addresses Blockchain intelligence firm Arkham has reported that MicroStrategy has moved 4,922.697 BTC into three newly created, unmarked addresses. This significant transaction occurred both before and after the Federal Reserve’s announcement of a 50 basis point rate cut, which sparked a notable reaction in the cryptocurrency market. Following the Fed's decision, Bitcoin's price rose by 3%, with the broader cryptocurrency market capitalization increasi... Coinatory cryptocurrency news

Hemi Network Confirmed Airdrop

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Hemi Network Confirmed Airdrop This protocol is built to scale networks and boost their efficiency, helping create a more interconnected blockchain ecosystem. The Hemi network takes a unique approach to Layer 2 scaling, viewing Bitcoin and Ethereum as parts of a larger "supernetwork." At its core is the Hemi Virtual Machine (hVM), which combines a fully functional Bitcoin node with an Ethereum virtual machine. Paired with the Hemi Bitcoin Kit (hBK), developers have access ... cryptonews today

Hong Kong Records Largest Year-over-Year Crypto Growth in Eastern Asia

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Hong Kong Records Largest Year-over-Year Crypto Growth in Eastern Asia A recent report by blockchain analytics firm Chainalysis reveals that Hong Kong leads Eastern Asia in cryptocurrency adoption, with an 85.6% year-over-year growth. The city ranks 30th globally in crypto adoption, underlining its emergence as a major player despite mainland China's restrictive policies. Hong Kong Leads Eastern Asia's Crypto Surge Hong Kong’s position as a growing crypto hub is solidified by an 85.6% rise in adoption, as rep... Hong Kong Records Largest Year-over-Year Crypto Growth in Eastern Asia Coinatory

Upcoming economic events 19 September 2024

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Upcoming economic events 19 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsEmployment Change (Aug)25.8K58.2K01:302 pointsFull Employment Change (Aug)---------60.5K01:302 pointsUnemployment Rate (Aug)4.2%4.2%09:002 pointsECB's Schnabel Speaks------------------12:302 pointsContinuing Jobless Claims1,850K12:302 pointsCurrent Account (Q2)-260.0B-237.6B12:303 pointsInitial Jobless Claims232K230K12:303 pointsPhiladelphia Fed Manufacturing Index (Sep)-0.6-7.012... Coinatory cryptocurrency news

Meme Coins Surge as Fed Implements Aggressive Rate Cut

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Meme Coins Surge as Fed Implements Aggressive Rate Cut Cryptocurrencies experienced a significant boost after the Federal Open Market Committee (FOMC) reduced interest rates for the first time since 2020, signaling potential further cuts. Meme coins such as Neiro (NEIRO), Billy (BILLY), and Baby Doge Coin (BABYDOGE) were top performers following the announcement. Neiro Leads the Pack Neiro recorded an impressive surge, climbing over 120% to reach a new high of $0.00084, markedly above its monthly... cryptocurrency news today

Sui Emerges as Potential 'Solana Killer' in Blockchain Showdown

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Sui Emerges as Potential 'Solana Killer' in Blockchain Showdown Sui has rapidly gained attention for its technical innovations, but is it truly poised to dethrone Solana as the next "Solana Killer"? While both platforms are Layer-1 blockchains, their trajectories and strengths are sparking debate among industry insiders. Sui vs. Solana: A Battle of Layer-1 Blockchains Solana has cemented its position as one of the largest cryptocurrencies, fueled by a robust community and even speculation about a poten... cryptocurrency news

Binance Moonbix Airdrop - New Game in Telegram

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Binance Moonbix Airdrop - New Game in Telegram Binance, the world's top cryptocurrency exchange, has made a big move into Telegram's mining scene with the introduction of its own Moonbix Bot. This new platform offers users a fun and interactive experience by combining engaging tasks, exciting challenges, and social sharing. With Moonbox Bot, Binance not only enhances its ecosystem but also taps into the growing trend of social engagement in the crypto space, making it more accessible and enj... Coinatory cryptocurrencies news

Justin Sun Predicts TRON Will Rival Bitcoin and Ethereum in Two Years

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Justin Sun Predicts TRON Will Rival Bitcoin and Ethereum in Two Years Justin Sun, the founder of TRON, has boldly predicted that TRX will rank alongside Bitcoin and Ethereum within the next two years, positioning it as one of the top three cryptocurrencies. In a recent interview on the Altcoin Daily podcast, Sun expressed strong confidence in TRON's trajectory, emphasizing its 7,000% growth in value over the past seven years as a testament to its rising prominence in the crypto space. USDT Adoption Fuels TRON's... cryptocurrency news today

Upcoming economic events 18 September 2024

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Upcoming economic events 18 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious09:002 pointsCore CPI (YoY) (Aug)2.8%2.8%09:002 pointsCPI (MoM) (Aug)0.2%0.0%09:003 pointsCPI (YoY) (Aug)2.2%2.2%12:002 pointsECB McCaul Speaks------------------12:302 pointsBuilding Permits (Aug)1.410M1.406M12:302 pointsHousing Starts (MoM) (Aug)----------6.8%12:302 pointsHousing Starts (Aug)1.310M1.238M14:303 pointsAtlanta Fed GDPNow (Q3)------------------14:302 pointsCrude Oil Inventories--... Upcoming economic events 18 September 2024 Coinatory

Shiba Inu Burn Rate Surges Amid Risky Chart Patterns

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Shiba Inu Burn Rate Surges Amid Risky Chart Patterns Shiba Inu (SHIB) is facing a prolonged bear market, with its price plunging over 71% from its yearly high, positioning it among the most underperforming assets in the crypto space. As of Tuesday, September 17, SHIB was trading at $0.000013, highlighting weakening demand. Recent third-party data shows that SHIB's 24-hour trading volume stands at just $177 million, significantly trailing behind competitors like Pepe ($747 million) and Dogwifhat ($... Coinatory news

Circle CEO Foresees U.S. Leading Global Crypto Innovation

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Circle CEO Foresees U.S. Leading Global Crypto Innovation Jeremy Allaire, CEO of Circle, expressed strong optimism that the United States will emerge as a global leader in cryptocurrency innovation. Through several posts on X (formerly Twitter), Allaire pointed to a shifting attitude within the U.S. government, indicating that the previous hostility toward the digital asset industry is receding. Why Allaire Believes the U.S. Will Lead Crypto Development Contrary to widespread beliefs about U.S. r... Coinatory cryptonews

Trump Token WLFI Confirmed, Available Only to Accredited Investors and Non-US Persons

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Trump Token WLFI Confirmed, Available Only to Accredited Investors and Non-US Persons Donald Trump today confirmed the release of WLFI, the governance token for his family's decentralized finance (DeFi) venture, World Liberty Financial, during a livestream on X Spaces. According to the project’s team, upcoming token sales will be restricted to accredited investors and non-U.S. persons due to regulatory uncertainties. "While we don’t consider WLFI a security, given the current regulatory environment in the U.S., we’ve decided t... Coinatory cryptonews

Bhutan's Bitcoin Holdings Exceed $750M, Ranking Fourth Globally

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Bhutan's Bitcoin Holdings Exceed $750M, Ranking Fourth Globally Bhutan, a Himalayan nation with a population of under one million, has emerged as the world's fourth-largest sovereign holder of Bitcoin. According to blockchain analytics firm Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC), valued at more than $750 million as of September 16, 2023. This places Bhutan behind only the U.S., China, and the U.K. in sovereign Bitcoin reserves, surpassing El Salvador. Unlike other nations that acqui... cryptocurrency news

FBI Seizes Fraudulent Crypto Recovery Websites Preying on Victims

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FBI Seizes Fraudulent Crypto Recovery Websites Preying on Victims The Federal Bureau of Investigation (FBI) has dismantled websites tied to three fraudulent cryptocurrency recovery services, targeting a scheme that exploits individuals who have already fallen victim to cryptocurrency fraud. The FBI’s San Diego Field Office announced the seizure of websites linked to Mychargeback, Payback Ltd., and Claim Justice. These companies falsely claimed to specialize in recovering lost crypto assets, but according to th... crypto news

Upcoming economic events 17 September 2024

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Upcoming economic events 17 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious04:302 pointsTertiary Industry Activity Index (MoM) (Jul)0.8%-1.3%09:002 pointsECB McCaul Speaks------------------09:002 pointsZEW Economic Sentiment (Sep)16.417.912:302 pointsCore Retail Sales (MoM) (Aug)0.2%0.4%12:302 pointsRetail Control (MoM) (Aug)---------0.3%12:303 pointsRetail Sales (MoM) (Aug)-0.2%1.0%13:002 pointsECB's Elderson Speaks------------------13:152 pointsIndustrial Productio... Coinatory cryptocurrency news

Indian Police Investigate INR 10M Crypto Scam Tied to Hong Kong

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Indian Police Investigate INR 10M Crypto Scam Tied to Hong Kong Indian police have launched an investigation into a cryptocurrency scam involving the "Datameer" trading app, which allegedly swindled over INR 10 million ($119,000) from more than 700 local investors. The scheme, which surfaced in April 2024, promised returns of up to 50% on crypto investments, attracting a mix of small and large investors. Victims were lured through social media campaigns that promoted rapid gains, according to Superintende... Coinatory cryptocurrencies news

Story Protocol Confirmed Airdrop - "Story Iliad" Free NFT

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Story Protocol Confirmed Airdrop - "Story Iliad" Free NFT The "Story Iliad" is a one-of-a-kind digital collectible on the Story Network, showcasing the strength of storytelling in the blockchain age. It represents the fusion of creativity and technology, enabling creators to easily license and monetize their work. Each NFT opens up new opportunities for collaboration and innovation. Investments in the project: $134M Step-by-Step Guide: Complete everything in our post "Story Protocol Confirmed... cryptocurrency news today

Xion Confirmed Airdrop - Dashboard Exploraxion Task

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Xion Confirmed Airdrop - Dashboard Exploraxion Task We’re already participating in the Xion project, and there’s a new task available: the Dashboard Exploraxion. You’ll earn XP for completing transactions on the Xion network. Experience firsthand how easy and smooth it is to manage assets and transactions on Xion by sending $XION and $USDC to other accounts using the Xion dashboard. While exploring the dashboard’s features, you’ll earn XP for every $XION and $USDC transaction you make. You can... Xion Confirmed Airdrop - Dashboard Exploraxion Task

SUI Forms Rare Bullish Pattern as Open Interest Hits Record High

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SUI Forms Rare Bullish Pattern as Open Interest Hits Record High Sui, often referred to as the "Solana-killer," experienced notable price growth on Sunday, September 15, as optimism in the cryptocurrency sector strengthened. The token surged to an intraday high of $1.10, its highest value since August 12, marking a significant 137% rise from its lowest point in the past month. This recovery cements Sui’s position as one of the top-performing assets among the top 100 cryptocurrencies by market capitalization. ... cryptonews today

Upcoming economic events 16 September 2024

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Upcoming economic events 16 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious08:102 pointsECB's De Guindos Speaks------------------09:002 pointsWages in euro zone (YoY) (Q2)---------5.30%09:002 pointsTrade Balance (Jul)14.9B22.3B12:002 pointsECB's Lane Speaks------------------12:302 pointsNY Empire State Manufacturing Index (Sep)-4.10-4.70 Summary of Upcoming Economic Events on September 16, 2024 ECB's De Guindos Speaks (08:10 UTC): Remarks from ECB Vice Preside... Coinatory

Ethereum Developers Weigh Pectra Upgrade Split, Eye February 2025 Rollout

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Ethereum Developers Weigh Pectra Upgrade Split, Eye February 2025 Rollout Ethereum developers are contemplating splitting the much-anticipated Pectra upgrade, aimed at enhancing network scalability and efficiency, into two phases. The first phase is tentatively scheduled for early 2025, with February as the primary target date for release. “There is broad consensus that if we split the Pectra upgrade, the goal is to ship Pectra One as soon as possible, ideally by early next year,” an Ethereum developer stated durin... Coinatory cryptocurrency news

Tether Faces Largest Crypto Fraud Allegations, Says Cyber Capital Founder

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Tether Faces Largest Crypto Fraud Allegations, Says Cyber Capital Founder In a highly charged series of posts on X (formerly Twitter), Justin Bons, the founder of Cyber Capital, accused Tether of orchestrating what he claims is the largest fraud in cryptocurrency history. According to Bons, the scale of Tether's alleged misconduct surpasses even the infamous collapses of FTX and Bernie Madoff's Ponzi scheme. Bons raised concerns over the company's lack of transparency and its failure to conduct a comprehensive audit, ... Coinatory

Bitcoin ETFs Rebound as Institutional Interest Grows, Analysts Predict End to September’s Bearish Streak

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Bitcoin ETFs Rebound as Institutional Interest Grows, Analysts Predict End to September’s Bearish Streak Spot Bitcoin ETFs have reversed a two-week trend of outflows, with over $403.8 million in weekly inflows, marking renewed institutional interest. Analysts predict this surge could help Bitcoin defy September’s historically bearish trend. According to data from SoSoValue, spot Bitcoin ETFs saw a substantial $263.07 million inflow on Sept. 13—the largest single-day total since July 22. Fidelity, ARK Invest, and 21Shares captured over half of th... cryptocurrency news today

Donald Trump Launches World Liberty Financial: A Risky Crypto Venture

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Donald Trump Launches World Liberty Financial: A Risky Crypto Venture Former U.S. President Donald Trump and his sons are preparing to unveil a new cryptocurrency initiative, World Liberty Financial, which promises to revolutionize banking by rendering traditional financial institutions obsolete. Trump announced the project on social media platform X, teasing a live event scheduled for Monday, September 16th, at 8 p.m. EST on Twitter Spaces to mark the official launch. Crypto Analysts Express Caution Over World... Coinatory cryptocurrencies news

USDT on TON Blockchain Expands to $729M, Strengthening P2P Transfers and DeFi Ecosystem

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USDT on TON Blockchain Expands to $729M, Strengthening P2P Transfers and DeFi Ecosystem USDT on the TON blockchain has reached a total supply of $729 million, just four months after the TON Foundation announced its integration on April 18. This rapid growth positions USDT on TON as the seventh-largest stablecoin by market capitalization when assessed independently, underscoring its rising influence. The increased liquidity is pivotal for the expansion of the TON network, fueling various financial and technological applications. ... crypto news today

How to Withdraw Your Hamster Tokens: A Step-by-Step Guide

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How to Withdraw Your Hamster Tokens: A Step-by-Step Guide Hamster Kombat is a new clicker game on Telegram, much like Notcoin. In this game, players can earn coins by simply tapping on a hamster icon. Now, you can withdraw all your tokens to exchanges. We have prepared detailed instructions on how to find your UID, wallet address, and memo tag. Step-by-Step Guide: Go to Telegram Bot Click "Airdrop" Choose an exchange and enter your UID, wallet address, and memo tag. If you don't have a ... crypto news today

Sam Bankman-Fried Seeks New Trial Following FTX Fraud Conviction

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Sam Bankman-Fried Seeks New Trial Following FTX Fraud Conviction Sam Bankman-Fried, the former CEO of FTX, has filed for a retrial after being sentenced to 25 years in prison for his involvement in one of the largest financial fraud cases in cryptocurrency history. According to the New York Times, Bankman-Fried is appealing the November 2023 verdict, which found him guilty of defrauding investors of over $8 billion. His new attorney, Alexandra A.E. Shapiro, claims that U.S. District Judge Lewis Kaplan, who... cryptocurrency news Coinatory

UTONIC Protocol Secures $100M TVL, Advancing TON’s First Restaking Solution

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UTONIC Protocol Secures $100M TVL, Advancing TON’s First Restaking Solution UTONIC Protocol, a pioneering restaking solution built on The Open Network (TON), has successfully locked in $100 million in total value locked (TVL), marking a significant milestone for the network. This influx of capital comes from a diverse pool of investors, validators, and institutions, positioning UTONIC as a key player in the TON ecosystem. Backed by leading figures in the cryptocurrency restaking space, UTONIC offers a dynamic marketp... cryptocurrency news

Tokenized RWA Market Surpasses $12B, Driven by U.S. Treasuries

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Tokenized RWA Market Surpasses $12B, Driven by U.S. Treasuries The market for tokenized real-world assets (RWAs), excluding stablecoins, has soared past $12 billion, according to Binance. This surge is largely driven by tokenized U.S. Treasuries, bolstered by significant participation from major financial institutions such as BlackRock and Franklin Templeton, as detailed in a Binance Research report released on September 13. This total does not account for the $175 billion stablecoin market, which remain... crypto news today

U2U Network Confirmed Airdrop - Everything We Know

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U2U Network Confirmed Airdrop - Everything We Know Unicorn Ultra (U2U Network) is an innovative blockchain platform built on Direct Acyclic Graph (DAG) technology, fully compatible with the Ethereum Virtual Machine (EVM). Its goal is to revolutionize real-world applications by offering endless scalability and flexible decentralization. U2U Network is designed to handle high-bandwidth, low-latency decentralized applications (dApps) using its DAG-based architecture. It features subnetwork techn... cryptonews

Mint the Free Infinite Rainbows NFT on Arbitrum's Stylus Launch

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Mint the Free Infinite Rainbows NFT on Arbitrum's Stylus Launch Stylus launched on the Arbitrum mainnet on September 3, 2024, marking a major milestone. To celebrate, the Arbitrum Foundation is offering a free mint of the first official NFT contract powered by Stylus. The NFT, called Infinite Rainbows by artist Jimena Buena Vida, blends rhythmic visuals with technology to create a captivating experience. The minting period for Infinite Rainbows runs from September 9 to October 6, 2024. From October 7 to N... Coinatory crypto news

Circle to Relocate HQ to New York as IPO Plans Accelerate

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Circle to Relocate HQ to New York as IPO Plans Accelerate Stablecoin issuer Circle is reportedly preparing to move its global headquarters to New York City, marking a significant step toward its highly anticipated initial public offering (IPO). The company, known for managing the USD Coin (USDC), will officially announce the relocation to One World Trade Center on September 13. The move signifies Circle's shift from its previous base in Ireland and its Boston operations, further anchoring its presence ... cryptocurrency news

U.S. Consumers Embrace Crypto, But Stablecoins Face Uncertain Future

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U.S. Consumers Embrace Crypto, But Stablecoins Face Uncertain Future A recent survey from Deutsche Bank reveals that U.S. consumers are increasingly accepting cryptocurrency, with fewer than 1% dismissing it as a "fad." This represents a significant shift in sentiment compared to previous years, as crypto becomes more integrated into mainstream finance. According to the report, over 50% of respondents view crypto as an essential asset class and payment method, with 65% believing it could eventually replace cash. ... Coinatory cryptonews

Upcoming economic events 13 September 2024

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Upcoming economic events 13 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious04:302 pointsIndustrial Production (MoM) (Jul)2.8%-4.2%09:002 pointsIndustrial Production (MoM) (Jul)-0.6%-0.1%10:002 pointsEurogroup Meetings------------------11:002 pointsNew Loans (Aug)810.0B260.0B12:302 pointsExport Price Index (MoM) (Aug)-0.1%0.7%12:302 pointsImport Price Index (MoM) (Aug)-0.2%0.1%14:002 pointsMichigan 1-Year Inflation Expectations (Sep)---------2.8%14:002 pointsMichigan ... Coinatory

Grayscale Launches XRP Trust: Is an XRP ETF on the Horizon?

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Grayscale Launches XRP Trust: Is an XRP ETF on the Horizon? Grayscale Investments has introduced the Grayscale XRP Trust, granting accredited investors direct exposure to XRP, the native token of the XRP Ledger. The Trust operates similarly to Grayscale's other single-asset funds and is available for daily subscription to qualified investors, according to a Ripple press release. Although XRP's regulatory status remains uncertain due to the ongoing legal battle between Ripple and the SEC, Grayscale mai... Coinatory cryptonews

Royal Thai Police Honors Binance for Supporting Crypto Crime Prevention

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Royal Thai Police Honors Binance for Supporting Crypto Crime Prevention Binance’s Financial Crime Compliance Unit has been recognized by the Royal Thai Police’s Central Investigation Bureau (CIB) for its pivotal role in combating crypto-related crime. This award, presented during the fifteenth anniversary of the CIB's Technology Crime Suppression Division (TCSD), acknowledges Binance’s critical contributions to bolstering the security of Thailand’s digital-asset ecosystem. Strengthening Security Through Key Partn... Coinatory news

OKX Racer Confirmed Airdrop on Telegram

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OKX Racer Confirmed Airdrop on Telegram OKX Racer is a fun Telegram mini app where you can predict whether Bitcoin's price will go up (Moon) or down (Doom). If you guess right, you earn points, and the more correct guesses you make in a row, the higher your multiplier grows. It's super easy to join in and play directly from Telegram! Partnership: OKX Step-by-Step Guide: Go here Now you need to predict Bitcoin's price. Moon (up) or Doom (Down) Also you can complete task... crypto news today

UK Proposes Bill to Classify Crypto as Personal Property

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UK Proposes Bill to Classify Crypto as Personal Property The United Kingdom is moving to clarify the legal standing of cryptocurrencies under a new bill presented to Parliament. This legislation seeks to formally recognize digital assets, such as cryptocurrencies, non-fungible tokens (NFTs), and tokenized real-world assets, as personal property under English law. The proposal introduces a new legal category called "things in possession," designed to safeguard owners of blockchain-powered assets fro... cryptocurrency news

China’s Digital Yuan Transactions Near $1 Trillion

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China’s Digital Yuan Transactions Near $1 Trillion China’s digital yuan initiative is making significant strides, accumulating a transaction volume nearing $1 trillion, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). The digital currency, known as the e-CNY, has undergone over a decade of research and four years of extensive pilot programs across 17 regions. As of June, transactions through the digital yuan reached 7 trillion yuan. Key Milestones in China’s Digital ... cryptocurrency news Coinatory

Upcoming economic events 12 September 2024

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Upcoming economic events 12 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsNAB Business Confidence---------106:252 pointsECB McCaul Speaks------------------07:252 pointsECB's Supervisory Board Member Jochnick Speaks------------------08:002 pointsIEA Monthly Report------------------11:002 pointsNew Loans (Aug)810.0B260.0B12:153 pointsDeposit Facility Rate (Sep)3.50%3.75%12:152 pointsECB Marginal Lending Facility---------4.50%12:152 pointsECB Monetary Poli... Upcoming economic events 12 September 2024

South Korea’s FSS Begins On-Site Inspections of Crypto Exchanges

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South Korea’s FSS Begins On-Site Inspections of Crypto Exchanges South Korea’s Financial Supervisory Service (FSS) has initiated on-site inspections of cryptocurrency exchanges, starting with Bithumb as the first platform under review. The inspections, set to commence after the Chuseok holiday, mark the FSS's first thorough examination of virtual asset service providers (VASPs) under the recently implemented regulatory framework. Focus on Compliance with New Crypto Laws The inspections will primarily ev... cryptonews today

Sonic Labs Testnet

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Sonic Labs Testnet Sonic Labs is a first-layer blockchain created as a rebranding of Fantom. Sonic is a layer-1 platform that offers a secure bridge to Ethereum and delivers lightning-fast transaction settlements with over 10,000 TPS and one-second confirmation times. The platform will also be backed by a large incentive program to fuel its ecosystem. The Sonic chain’s native token, S, will bring several exciting updates compared to the FTM token on the existin... Coinatory crypto news

ENS Labs Partners with PayPal and Venmo for Secure Crypto Transfers

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ENS Labs Partners with PayPal and Venmo for Secure Crypto Transfers ENS Labs, the developer of the Ethereum Name Service (ENS) protocol, has announced a strategic partnership with PayPal and Venmo to enhance cryptocurrency transfers. This collaboration allows users to leverage ENS names for transactions, simplifying the process of sending digital assets and mitigating the risks associated with traditional wallet addresses. The integration enables PayPal and Venmo users in the U.S. to input ENS names when tran... Coinatory news

South Korean Customs Links Crypto and Telegram to Rising Drug Smuggling

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South Korean Customs Links Crypto and Telegram to Rising Drug Smuggling South Korean Customs officials have identified cryptocurrency and encrypted messaging apps, particularly Telegram, as key enablers of the rising drug smuggling in the country. In 2023, authorities seized 769 kilograms of illegal drugs, marking an 18% increase from the previous year’s 624 kilograms. This surge is attributed to the growing use of non-face-to-face transactions involving digital currencies like Bitcoin and altcoins, which complicate... cryptocurrency news

Upcoming economic events 11 September 2024

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Upcoming economic events 11 September 2024 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsBoJ Board Member Nakagawa Speaks------------------08:002 pointsNew Loans (Aug)810.0B260.0B09:252 pointsECB McCaul Speaks------------------10:002 pointsEurogroup Meetings------------------12:303 pointsCore CPI (MoM) (Aug)0.2%0.2%12:302 pointsCore CPI (YoY) (Aug)3.2%3.2%12:303 pointsCPI (MoM) (Aug)0.2%0.2%12:303 pointsCPI (YoY) (Aug)2.6%2.9%14:303 pointsCrude Oil Inventories--------... crypto news