Coinatory

Elon Musk, the renowned CEO of Tesla and SpaceX, has once again captured the attention of the cryptocurrency community by hinting at the possibility of accepting cryptocurrency payments for X. Given his significant influence in both the tech and financial sectors, Musk's statement has sparked discussions and speculation about which cryptocurrency he might be considering. Although Elon Musk hasn't revealed the specific cryptocurrency he has in mind for X's crypto payments, many crypto enthusiasts are speculating that Algorand's native cryptocurrency, Algo, could be a strong contender. Algo's blockchain, powered by Algorand, has been gaining recognition for its outstanding features that align with the requirements of a robust payment system. Compared to other notable cryptocurrencies, Algo has emerged as a top choice for potential Read more about Elon Musk to Integrate Cryptocurrency into Twitter (X) #Cryptocurrency, #Cryptonewstoday, #ElonMusk, #Twitter, #X

Former Celsius CEO Alex Mashinsky's trial start date has been postponed by U.S. District Judge John Koeltl due to the "volume of discovery" and the "complexity of the case." This decision grants the United States Department of Justice additional time for discovery, allowing them to provide related documents to Mashinsky's defense team. In an order issued on July 25, Judge Koeltl stated that the time between July 25 and Oct. 3 will not be considered for Speedy Trial Act calculations, which require a federal criminal trial to commence within 70 days of an indictment being filed. The judge justified the continuance, prioritizing the interests of justice over the defendant's right to a speedy trial. Under the law, prosecutors are obligated to disclose any information that could be beneficial to Mashinsky's defense and relevant to the Read more about Former Celsius CEO Alex Mashinsky's Trial Date Postponed by U.S. District Judge #Celsius, #Cryptocurre...

After its recent release, Worldcoin (WLD), a cryptocurrency project co-founded by Sam Altman, CEO of OpenAI, might come under scrutiny from the UK's data regulator. The Information Commissioner's Office (ICO), responsible for data protection in the United Kingdom, has announced its intention to investigate the Worldcoin project, as reported by Reuters on July 25. Worldcoin launched on Monday, July 24, but it has received criticism primarily due to its iris-scanning feature. The project rewards individuals with WLD coins for scanning their irises. The initiative plans to introduce these tokens, called "orbs," in more than 35 cities across 20 countries, with London being one of them. The Information Commissioner's Office stated that they are aware of Worldcoin's launch in the UK and will conduct further inquiries into the Read more about UK Data Regulator to Investigate Worldcoin Crypto Project Co-Founded by OpenAI's CEO #Adoption, #Bitcoin, #Blockchain, #Cr...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious1:302 pointCPI (YoY) (Q2)5.4%5.6%1:302 pointCPI (QoQ) (Q2)1.0%1.4%1:302 pointTrimmed Mean CPI (QoQ) (Q2)1.1%1.2%12:003 pointBuilding Permits1.440M1.496M12:002 pointBuilding Permits (MoM)-3.7%5.6%14:003 pointNew Home Sales (Jun)727K763K14:002 pointNew Home Sales (MoM) (Jun)-0.7%12.2%14:303 pointCrude Oil Inventories-2.400M-0.708M14:302 pointCushing Crude Oil Inventories-1.442M-2.891M18:003 pointFOMC Statement ------------------18:003 pointFed Interest Rate Decision5.50%5.25%18:303 pointFOMC Press Conference------------------ Read more about Upcoming economic events 26 July 2023 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

In a notable development, a platform focused on "deanonymizing the blockchain" has received its first submission concerning wallet addresses associated with Terraform Labs and its co-founder, Do Kwon. On July 24, Arkham Intel Exchange announced that it had accepted a submission from two "on-chain sleuths," who were rewarded with 9,519.2625 Arkham (ARKM) tokens, valued at roughly $5,000 at the time of the announcement. The submission came from an anonymous user and Ergo, who describes themselves as a "glorified accountant" collaborating with OXT Research. They provided the platform with "evidence of wallets" linked to Kwon and Terra. This information could potentially challenge public statements made by Terra regarding the ownership of only one Luna Foundation Guard wallet, where 313 Bitcoin (BTC) is reportedly held in Read more about Arkham Rewards $5k Bounty for Information on Do Kwon and Terra Wallets #Arkham, #Blockchain, #Cryptonewstoday, #Te...

On July 25, sharp-eyed users on Twitter (now X) noticed that Musk's profile location displayed both an "X" (symbolizing Twitter's new branding) and a "D," which many interpreted as a nod to Dogecoin—a memecoin he has openly shown support for in the past. This discovery has further fueled rumors and discussions among the online community. Real Vision CEO Raoul Pal also arrived at a similar conclusion, though his reasoning differed. In a tweet on July 25, Pal speculated that Elon Musk might employ Dogecoin for facilitating global payments to content creators on the platform. He pointed out that Musk already holds a significant portion of Dogecoin and has displayed a fondness for the cryptocurrency in the past. With these factors in mind, Pal surmised that Musk's affinity for Dogecoin could lead to its utilization in enabling t Read more about Twitter's (X) Potential Integration of Dogecoin Sparks Speculation #Cryptomarket, #Cryptonewstoday, #Dogecoin, ...

Prime Minister Kishida expressed his enthusiasm for the concept of "new capitalism" during his speech, highlighting the crucial role of Web3 in this transformative era. He emphasized that tackling social issues would be the driving force behind growth. Web3 holds tremendous potential to revolutionize the conventional Internet structure and trigger profound societal transformations. Recognizing the immense power of this emerging technology, Prime Minister Kishida and his administration are dedicated to creating a supportive environment that fosters the advancement of Web3 and explores its diverse possibilities. Prime Minister Kishida showed great enthusiasm, urging major Japanese corporations to take advantage of the WebX conference as a platform to reveal their ambitious projects. These initiatives aim to create a valuable economic Read more about Japan's Support for Web3: Fostering Innovation and Growth #Cryptonewstoday, #Japan, #Regulations, #Web3

Binance has made an official announcement about the listing of Worldcoin's native token, WLD. This token is already available on other platforms like Huobi, OKX, and Bybit. Binance shared the news in a blog post on July 24, stating that spot trading for WLD/BTC and WLD/USDT pairs commenced at 9:00 UTC on the same day. Although users can now deposit WLD on Binance, the platform plans to enable withdrawals tentatively from July 25. Additionally, Binance will include Worldcoin's token as a borrowable asset, with WLD/USDT as the isolated margin pair, starting from July 26. Apart from Binance, Worldcoin has been widely introduced on numerous other crypto exchanges as well. For instance, Huobi and Bybit have already opened deposits and trading for WLD. Huobi supports the WLD/USDT trading pair, while Bybit supports both WLD/USDT and Read more about Binance Announces Listing of Worldcoin's WLD Token #Adoption, #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Crypto...