Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky,…
Month: August 2024
New Crypto Launch to Watch: Base Dawgz Meme Coin Presale Ends in Days Over $3M Raised
Base Dawgz (DAWGZ) has got investors buzzing as it nears the end of its presale…
Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January
Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of…
US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the…
Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over…
Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years…
Latam Insights Encore: El Salvador’s Bitcoin Education Investments Set to Pay Off in Adoption
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and…
UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund
United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch…
Former Russian PM: BRICS Not Ready for Common Currency
Sergey Stepashin, Russia’s former prime minister, explained that it’s premature to discuss a common BRICS…
Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth
Semler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to…
Russia Set to Launch Crypto Payment Trials Next Week, Report
Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on…
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has…
Abra Settles with SEC Over Unregistered Securities
Settlement Details Crypto lending platform Abra, officially known as Plutus Lending LLC, has settled with…
Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally
The price of frozen concentrate orange juice futures contract has reached all-time high numbers this…
This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles
This week delivered a solid performance for the crypto economy, with several coins posting impressive…
