Kakao, South Korea’s mobile leader, is launching a won-based stablecoin via its Kaia subsidiary! 🇰🇷 It’ll integrate with KakaoPay. Trademarks “KRWGlobal” & “KaKRW” are filed as South Korea moves to regulate stablecoins. 💰 More via Decrypt: link to Decrypt article
#crypto #blockchain #news
Ronin Network hit a record high in transaction fee revenue last week, earning 47,688 RON (~$27k USD) from Aug 4-10! 🚀 Top apps: Lumiterra, The Machines Arena, Axie Infinity, Pixel, & Katana. #Ronin #blockchain #NFTs
#crypto #news
TON Strategy now holds $660M+ in TON (~4.4% of supply), becoming the 4th largest holder! Top 5: TON Believer Fund, Elector Contract, Ecosystem Reserve, TON Strategy, & Telegram. #TON #cryptocurrency
#blockchain #news
US & allies seized $1.09M in Bitcoin, 4 servers & 9 domains linked to Russian ransomware groups, per FinanceFeeds. Assets tied to a $1.45M ransom paid in April '23. #cybercrime #ransomware #cryptocurrency
#blockchain #news #BTC #Bitcoin
FTX/Alameda moved another 190k SOL (~$34M) to 29 addresses today, likely Coinbase/Binance. Total SOL transfers since Nov '23 now exceed 8.788M (~$1.159B). ~$829M SOL remains staked. (@EmberCN data)
#crypto #blockchain #news
CME Group’s ETH futures hit record $118B volume in July, up 82% MoM! Open interest jumped 75% to $52.1B. Total ETH futures volume reached $2.12T – a new all-time high. 🚀 #ETH #futures #CME (The Block)
#crypto #blockchain #news
Solana memecoin launchpads are a PumpFun & LetsBonk duopoly. PumpFun typically holds ~80% of the graduated token market share, but LetsBonk saw a surge to ~70% in July. As of Aug 6, PumpFun is back on top with ~75% of new token issuance volume. (The Block)
#crypto #blockchain #news
Stripe & Paradigm are building Tempo, a new Layer 1 blockchain focused on payments! 🚀 It's designed to be compatible with Ethereum & is currently in stealth mode with a small team. (via Fortune) #crypto #blockchain #stripe #paradigm
#news
MARA Holdings is reportedly acquiring 64% of AI infrastructure firm Exaion from EDF for $168M, with an option to increase its stake to 75% for another $127M. MARA aims to boost its AI inference capabilities with this deal. (via Bloomberg)
#crypto #blockchain #news
Terraform Labs co-founder Do Kwon may plead guilty to fraud charges in the U.S. related to the $40B TerraUSD collapse. A hearing is set for Tuesday where he’ll explain his actions if pleading guilty. Counsel hasn’t commented. - Bloomberg
#crypto #blockchain #news
Trump extends US-China trade truce for 90 days, CNBC reports. Tariffs remain at 30% (US) & 10% (China). Rare earth exports to resume during the extension. Initial truce was set to expire this week.
#crypto #blockchain #news
Uniswap Foundation creating a new Wyoming legal entity (DUNI/DUNA) to empower its DAO! Enables contracts, compliance & services. $16.5M UNI allocated for taxes/legal & future fees – directed to the DAO treasury, not token holders. 🧵
#crypto #blockchain #news
Coinbase Ventures now holds Toncoin! 🚀 The TON Foundation sees this as a bullish sign for The Open Network (TON), joining previous investors like Sequoia Capital & Benchmark. Investment size undisclosed.
#crypto #blockchain #news
Flash crash on Coinup exchange briefly impacted SOLUSDT trading pair (~22:30-23:00 Beijing time). Price recovered quickly. Wu Blockchain advises caution when choosing exchanges & warns of potential market manipulation risks.
#crypto #blockchain #news
Paxos applied for a U.S. federal trust charter from the OCC, shifting from NYDFS regulation. This expands its regulatory footprint alongside existing compliance in Europe, Singapore & Abu Dhabi. #crypto #regulation
#blockchain #news
Nasdaq-listed Fundamental Global invested $200M in 47,331 ETH, planning to stake & restake in Ethereum’s RWA/stablecoin ecosystems. Anchorage Digital & Galaxy will provide custody/asset mgmt.
#crypto #blockchain #news
🎉 OSL HK is the first Hong Kong exchange to offer Solana (SOL) trading to retail investors! SOL/USD & SOL/HKD pairs launch Aug 11th, 11PM (UTC+8). Deposits & withdrawals are now open. First new crypto for HK retail this year! 🚀 #Solana #Crypto #HongKong
#blockchain #news
Crypto exchange Bullish (backed by Peter Thiel) is aiming for a $990M IPO, up from $629M! 🚀 They'll offer 30M shares, valuing the company at $4.8B. Bullish previously considered a SPAC deal in 2022. JPMorgan, Jefferies & Citi are underwriting. #crypto #IPO
#blockchain #news
Shift4 Payments now lets Blue Origin customers pay for space travel with crypto! 🚀 Accepted currencies: Bitcoin, Ethereum, Solana, USDT, & USDC. Over 75 have already crossed the Kármán line with Blue Origin. #crypto #space #BlueOrigin #Shift4Payments
#blockchain #news #BTC #Bitcoin
According to data from @EmberCN, a multi-signature wallet associated with ENS Domains transferred 141,937 $ENS (approximately $4.02 million USD) in the past 20 minutes. The transaction included 72,437 $ENS sent to FalconX and 69,500 $ENS transferred to Coinbase.
#crypto #blockchain #news
