UAE Free Zone Launches Blockchain-Based Business IDs
Innovation City launches a blockchain-based business ID system for registered firms in the UAE free zone....
Topic: Crypto
Telegram to become TON’s largest validator, Durov says
Pavel Durov announced that Telegram will become the largest validator of the TON network. This move led to a 33.8% increase in Toncoin's price....
Bitcoin tops $80,000 as altcoins rally and risk appetite returns
Bitcoin has surpassed $80,000 in value for the first time since January, driven by a surge in altcoin prices and increased investor confidence....
DeFi lender Aave asks court to block $71 million crypto seizure tied to North Korea claims
Aave has requested that a court block a $71 million cryptocurrency seizure related to alleged ties to North Korea, according to CoinDesk....
Stablecoin proposal still ‘falls short’ of protecting bank deposits: US banks
The stablecoin proposal put forward by Senator Thom Tillis has been deemed insufficient to protect bank deposits. According to CoinTelegraph, the proposal falls short of expectations....
Bitcoin used to hate inflation. Now it might be the opposite
Bitcoin's historical correlation with inflation has flipped, making it a possible beneficiary of rising prices....
Ripple to share North Korean threat intelligence with crypto firms
Ripple will share information on potential North Korean threats with the cryptocurrency industry, aiming to enhance security measures....
Haun Ventures raises $1B, adding AI to crypto focus
Haun Ventures has raised $1 billion and will now expand its focus to include artificial intelligence in the cryptocurrency space. According to CoinTelegraph, founder Katie Haun plans to have AI increasingly conduct econo...
Polygon rolls out private stablecoin payments targeting institutions
Polygon has introduced a new wallet feature that allows for private stablecoin payments, focusing on institutional users and hiding sender information. CoinTelegraph reports this is part of an effort to make transactions...
Bitcoin crosses $81,000, ETH, SOL, DOGE steady as options desks bid on further price jump
Bitcoin has reached a new high of $81,000, with other major cryptocurrencies like Ethereum, Solana, and Dogecoin remaining stable. CoinDesk reports that options desks are betting on further price increases....
XRP slips below $1.40 on heavy volume, tightening range puts breakout in focus
The price of XRP has fallen to under $1.40 due to increased trading activity, CoinDesk notes. The current tight range is putting a potential breakout in focus....
Aave files emergency motion to lift restraining notice on frozen ETH
Aave has filed an emergency motion to lift a restraining order on frozen ETH, arguing that a thief does not gain lawful ownership of property....
Bitcoin Tests $80,000
Bitcoin's price has reached $80,000 as market sentiment shifts towards AI-related Initial Public Offerings (IPOs) in Hong Kong....
Western Union begins USDPT stablecoin rollout on Solana
Western Union has started rolling out the USDPT stablecoin on the Solana network, allowing for secure and efficient transactions. According to CoinTelegraph, this move is part of a larger effort by Western Union to expan...
Bitcoin turns risk on as stocks hit new highs and miner profits rise: Is $85K BTC next?
The increasing profitability for Bitcoin miners, coupled with rising stock prices, has shifted the risk profile of Bitcoin. CoinTelegraph suggests that this could potentially push the price to $85,000....
World Liberty Sues Justin Sun for Defamation
World Liberty Financial has sued Justin Sun for defamation over his involvement in the WLFI dispute. Reuters reports that World Liberty claims Sun engaged in defamatory tactics, while BBC says it's a response to Sun's ow...
Open-Source AI Project
A group of developers has created an open-source project called OpenMythos, which aims to reverse-engineer Anthropic's most dangerous AI model. The project is a from-scratch attempt to reconstruct the architecture behind...
Aave Fights to Unfreeze Funds
A federal case over frozen crypto funds has spilled into court, with Aave fighting to unfreeze $71 million seized during the Kelp DAO hack. The outcome could determine whether DeFi recovery funds can be seized for unrela...
DTCC Plans Tokenized Securities Launch
The Depository Trust & Clearing Corporation (DTCC) plans to launch tokenized securities with 50 DeFi and TradFi giants in October. The initiative aims to increase liquidity and reduce costs....
K-Pop Firm Dumps Bitcoin Treasury for AI Pivot
K Wave Media is shifting $485 million in funding from its Bitcoin treasury strategy towards an AI infrastructure play. The move reflects the growing interest in integrating artificial intelligence with cryptocurrency....