On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction of $133.33 million. Over $77 Million Withdrawn From U.S. Spot Ethereum ETFs The nine spot ether ETFs collectively recorded a trading volume […]
Read MoreDay: August 1, 2024
Web3 Game Con: The World’s Largest Web3 Game Show Debuts at ABS2024 in Taipei
PRESS RELEASE. Taipei, Taiwan – 1st August, 2024 — Web3 Game Con, the largest Web3 gaming expo in Asia, is set to take place from August 6-8 at ABS2024. This landmark event, organized by GEDA Esports in conjunction with the Asia Blockchain Summit (ABS), will be hosted at a 1,500 square meter zone at the […]
Read More76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 […]
Read MoreUQUID Integrates USDT on TRON for Seamless Public Transport Payments in Argentina
PRESS RELEASE. Buenos Aires, Argentina – August 1st, 2024 – UQUID, a pioneer in Web3 shopping platforms, has introduced a new feature allowing users to top up their SUBE cards using USDT on the TRON blockchain. This new functionality aims to streamline how Argentine commuters manage their public transportation expenses, leveraging cryptocurrency for everyday transactions. […]
Read MoreIndia’s Digital Rupee Surpasses 5 Million Users, RBI Discloses
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement cash and existing payment systems, serving both wholesale and […]
Read MoreVeterans From EA, Nintendo, Blizzard and More Launch Bomberman-Style Web3 Game
A subsidiary of Animoca Brands has launched the open beta of its new Web3-centric action game, Cosmic Bomber. Developed by industry veterans from Sony, Electronic Arts, Nintendo, Lucas Arts, and Blizzard, the game is now available to over 1.77 million holders of Moca ID, the identity layer of Animoca Brands’ network. Cosmic Bomber offers strategic […]
Read MoreCalifornia DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration
The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain network, which uses the cryptocurrency AVAX as its native token. This innovative system, developed by Oxhead Alpha, enables users to transfer vehicle titles within minutes, significantly reducing the traditional two-week processing time. This initiative is part of […]
Read MoreBitcoin Core Discloses Two Security Vulnerabilities
The Bitcoin Core project has disclosed two security vulnerabilities that could have affected the stability of the Bitcoin network. The first one, classified as having a high severity level, could have caused an assertion crash of the network via a message spam attack. The second one, with a low severity level, was linked to Miniupnp, […]
Read MoreReport Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges […]
Read MoreUS Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency and demonstrate national support for it. Senator Hagerty Discusses Trump’s Bitcoin Strategy U.S. Senator […]
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