The Turkish crypto market has experienced significant growth in recent years. Currently, more than half of the population is invested in crypto, according to polls and surveys. The is evident by the fact that the Turkish Lira (TRY) is the fourth most used fiat currency in crypto. Fueling this crypto adoption in the country are…
The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given significant publicity to El Salvador, contributing to its popularity as a tourist destination. U.S. Department of…
Bitcoin has recently experienced an uptick in demand near the crucial support region of the 100-day moving average, leading to a notable rebound. This price action underscores a bullish sentiment in the market with the potential for a continued rally toward a new all-time high. Technical Analysis By Shayan The Daily Chart A detailed analysis…
[PRESS RELEASE – Singapore, Singapore, July 26th, 2024] Recently, the “2024 GIPR2” voting event Dapp of MEET48, a metaverse virtual community based on an AI and WEB3.0 diversified UGC entertainment content ecosystem, has rapidly risen in the rankings on DappBay and DappRadar, attracting widespread attention. The MEET48 “2024 GIPR2” voting event (https://gipr.meet48.xyz/#/gipr) is divided into…
Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple tokens on top of it. The institution aims to capitalize on the popularity and volume of stablecoins to establish bitcoin as the global routing currency.…
Crypto investors are all fired up about a new coin marrying AI tech with meme magic. WienerAI (WAI) is stirring up interest as its presale clock ticks down – leaving everyone wondering if it’ll be the next meme coin to explode. Experience AI-Powered Crypto Trading with WienerAI At the heart of WienerAI is a smart…
On their third trading day, the nine recently approved spot Ethereum ETFs in the US registered a total net outflow of $152.3 million, continuing the previous day’s trend. Grayscale Ethereum Trust (ETHE) was the sole fund to record outflows, with $346.22 million withdrawn on Thursday, according to the latest data compiled by SosoValue. This was…
TLDR WazirX, an Indian crypto exchange, suffered a $235 million hack on July 18, 2024. WazirX’s investigation found no evidence of compromise in their own systems. The exchange suggests the breach likely originated from Liminal, their multi-party computation (MPC) wallet provider. Liminal denies any breach of its infrastructure and suggests the attack might have occurred…
TLDR Celebrity meme coins launched on the Solana blockchain have seen significant value drops since their June debut. On average, these celebrity tokens have declined by 94% from their all-time highs. Some celebrities have stopped promoting their coins on social media, raising questions about authenticity. The platform Pump.fun has made it easy to create and…
TLDR Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA). The DAAMLA bill aims to bring the crypto industry under existing anti-money laundering frameworks. The bill has faced criticism from crypto advocates and former government officials. Senator Elizabeth Warren, who co-sponsored the bill, is running for reelection in 2024.…