India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and address trade imbalances, particularly as petroleum dominates current transactions. With a significant trade deficit favoring Russia, both nations seek to diversify trade beyond oil and create…
TLDR New Zealand Justice Minister Paul Goldsmith has signed an extradition order for Kim Dotcom to face charges in the US Dotcom is accused of copyright infringement, money laundering and racketeering related to his file-sharing site Megaupload The extradition decision comes after a 12-year legal battle by Dotcom to avoid being sent to the US…
TLDR South Korea’s National Pension Service (NPS) bought 24,500 shares of MicroStrategy worth nearly $34 million in the second quarter of 2024. After MicroStrategy’s 10-for-1 stock split, this translates to 245,000 shares. NPS also holds 229,807 shares of Coinbase worth over $45 million. MicroStrategy is the largest corporate holder of Bitcoin, with 226,500 BTC worth…
TLDR Apple is opening up its NFC chip to third-party developers, allowing for non-Apple Pay contactless payments on iPhones Circle CEO Jeremy Allaire announced that tap-to-pay functionality for USDC on iPhones is “incoming soon” This change could enable direct merchant payments using USDC and other digital assets The update will be available in iOS 18.1,…
TLDR Floki has become the official cryptocurrency partner of Nottingham Forest Football Club The partnership includes extensive marketing rights during Premier League matches Floki’s branding will be displayed on LED boards, interview backdrops, and social media Nottingham Forest plays in the English Premier League, one of the most-watched sports leagues globally The partnership aims to…
Marathon Digital, a leading Bitcoin mining company, has purchased an additional 4,144 Bitcoin (BTC), valued at around $249 million, bringing its total BTC reserves to over 25,000 BTC. The company has reinstated their ‘full HODL’ strategy. The company said it used funds from a recent $300 million senior note offering for the new acquisition. The…
TLDR Supra launches early stage testnet for its Layer-1 blockchain Testnet initially permissioned, with public access coming soon Supra claims over 500k TPS achieved in recent tests Move smart contracts supported initially, with EVM support planned Incentivized testnet participation planned through games Supra, a new blockchain company, has launched the testnet for its Layer-1 blockchain…
The past 24 hours saw substantial movements in Bitcoin and many altcoins. The price action resulted in a mixed performance, with some of the cryptocurrencies charting slight gains while others showed slight declines. Bitcoin’s Price Shaky Around $58K Many analysts have touted the $58K price region as an important liquidity zone, and the cryptocurrency’s behavior…
The market has been choppy so far in August but there is light at the end of the tunnel. Falling US inflation and expected rate cuts are expected to usher in a fresh bullish wave, prompting bullish forecasts. This post will cover this month’s price predictions for ORDI (ORDI) and Lido DAO (LDO) and why…
Session, the encrypted messaging app, has officially reached 1 million users worldwide. This milestone highlights increasing demand for secure communication. Since its inception, Session has been driven by a mission to deliver a messenger that minimises sensitive metadata– ideal for those who would like complete privacy and freedom from surveillance. This milestone comes at a…