India’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 […]
UQUID 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. […]
Veterans 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 […]
Bitcoin 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, […]
California 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 […]
Report 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 […]
US 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 […]
Trump Has Raised $25M From Crypto Industry and Bitcoin Whales
Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if elected, including the replacement of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. Trump Raises $25 Million […]
Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support
Nobel laureate Paul Krugman claims that bitcoin has remained “economically useless.” He criticized the support bitcoin and crypto have from former U.S. President Donald Trump and the Republican Party. Moreover, he stressed: “Tech-bro support for Trump and Vance also seems to have a lot to do with one specific issue: cryptocurrency.” Paul Krugman Criticizes Bitcoin’s […]
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in selling pressure from miners. Miners Hold Steady: Bitcoin Hashrate Rises, Selling Pressure Decreases The latest onchain market activities report […]
