Author: Chris Smith
Binance Rolls Out a New Anti Scam Program for P2P Platform Users
Reading Time: < 1 minuteBinance has launched an Anti-Scam Ninja program for all users of its P2P platform.
SWIFT’s CBDC Interoperability Pilot is Joined by Additional Central Banks
Reading Time: < 1 minuteSWIFT has connected the central banks of three countries to the second stage of its pilot testing for the compatibility of traditional systems with CBDC.
Crypto Exchange Binance Announces $500K in BNB Tokens Donation to Libya Flood Victims
Reading Time: < 1 minuteBinance Charity is donating BNB tokens worth up to $500,000 to Libyan users in aid of their flood recovery.
PayPal Launches a Service to Convert Crypto into USD
Reading Time: < 1 minutePayPal has announced the launch of a service that will give U.S. residents the ability to exchange cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for US dollars.
SushiSwap Adds Support for Aptos Network
Reading Time: < 1 minuteDecentralized exchange SushiSwap has just announced it has added support for the Aptos blockchain.
Cryptocurrency Trading Volume in Spot and Derivatives Markets Declines by More Than 11%
Reading Time: < 1 minuteCCData has observed a decrease in cryptocurrency market participation over the last few months.
Thodex Founder Sentenced to 11,196 Years in Prison
Reading Time: < 1 minuteThe founder and former CEO of Turkish crypto exchange Thodex, Faruk Fatih Ozer, was sentenced to 11,196 years in prison in an Anatolia court.
Arthur Hayes Believes Fed is Creating Conditions for Bitcoin to Rise
Reading Time: < 1 minuteArthur Hayes, the former head of BitMEX, has stated his belief that Bitcoin will gain strength due to the capital reallocation out of the US dollar.
Number of Active Solana Users Falls to Two-year Low
Reading Time: < 1 minuteThe total number of wallets using the Solana network for sending and receiving funds is currently at its lowest mark since autumn 2020, with a recorded drop to 204,000.
USDT Issuer Tether Increases its Investment in US Treasuries
Reading Time: < 1 minuteTether has seen a jump in their investments in US treasury bonds in the last four months, rising up the rankings three places to become the 22nd largest holder of such debt.
Nigeria is Leader in Digital Currencies Adoption in Africa: Survey
Reading Time: < 1 minuteA ConsenSys and YouGov survey of 15,158 people aged 18 to 65 years from 15 countries revealed that Nigeria is a leader in the adoption of digital currencies on the African continent.
Bitwise Withdraws Application to Launch an ETF Based on Bitcoin and Ethereum
Reading Time: < 1 minuteBitwise has decided to retract their application to launch the Bitcoin and Ether Market Cap Weight Strategy ETF, dated August 3.
Changpeng Zhao: DeFi Will Outperform CeFi in Next Bull Market
Reading Time: < 1 minuteChangpeng Zhao believes the DeFi sector has the capacity to exceed Centralized Finance (CeFi) during the next cryptocurrency surge.
Court Dismisses Class Action Lawsuit Against Uniswap
Reading Time: < 1 minuteThe Southern District of New York court dismissed a class action lawsuit against Uniswap Labs, its CEO Hayden Adams, the Uniswap Foundation and venture investors of the decentralized exchange.
Lufthansa Unveils NFT Initiative on Polygon’s Network
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German airline Lufthansa has created the Uptrip loyalty program based on non-fungible tokens (NFTs) on the Polygon network.
Crypto Bank SEBA Granted Hong Kong Regulator’s Approval
Reading Time: < 1 minuteSEBA Bank, a Switzerland-based licensed cryptocurrency bank, has been granted in-principle approval by the SFC to carry out digital asset-related activities in Hong Kong.
US Congress Proposes Dismissing Gary Gensler
Reading Time: < 1 minuteUS House of Representatives member Warren Davidson has once again called for the removal of Gary Gensler from his post as head of the SEC following a positive court verdict for Grayscale in its conversion of GBTC tokens into an ETF.
South Korean Exchanges Forced to Keep Reserves of at Least $2.3M
Reading Time: < 1 minuteThe Banking Federation of South Korea (KFB) has mandated that cryptocurrency exchanges must maintain at least $2.26 million in reserves in a bank account, starting in September 2023.
Robinhood Invests More Than $3 Billion in BTC
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According to Arkham Intelligence, the Robinhood Bitcoin wallet is the third largest, holding more than $3 billion worth of cryptocurrency.
Worldcoin Loses 44% of its Value a Month After Launch
Reading Time: < 1 minuteThe token of Worldcoin project, WLD, has seen a considerable dip of 43.6% in the 30 days respectively.
B2C2 Acquires Market Maker Woorton
Reading Time: < 1 minuteB2C2, a cryptocurrency over-the-counter (OTC) platform, has acquired French market maker Woorton for an undisclosed amount as it seeks to expand into the European market.
Binance Abandons Sberbank and Tinkoff Names
Reading Time: < 1 minuteBinance, which has an internal peer-to-peer platform, had replaced the Sberbank and Tinkoff card names with “green” and “yellow” respectively.
1inch Deploys Protocols on Coinbase’s L2 Network Base
Reading Time: < 1 minuteOn August 24, 1inch Network developers announced the deployment of their project onto Coinbase’s second-layer solution, Base.
Investments in European Crypto Funds Soar: Report
Reading Time: < 1 minuteCoinShares reported that investments in European crypto funds (ETPs) have been steadily increasing over the course of the past three months.
Canaan Suspends Mining Activities in Kazakhstan
Reading Time: < 1 minuteUnfortunately, Kazakhstan has had tightening regulations on this industry and Canaan had to suspend the operations of their enterprises there.
Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Zcash 
Figure Heloc