Market Update August 23
Reading Time: < 1 minuteThe two biggest players, Bitcoin and Ethereum, have both experienced small increases in value, while the market as a whole has also gone up in terms of overall market cap.
Grayscale Launches an Avalanche Blockchain Token Trust
Reading Time: < 1 minuteGrayscale Investments has announced the addition of an Avalanche blockchain token trust to its list of recently introduced products.
Inflows into Crypto Exchanges Have Decreased This Month: Opinion
Reading Time: < 1 minuteThe transfer of Bitcoin from the Mt. Gox bankruptcy estate and concerns about a potential US government selloff have both contributed to a decrease in Bitcoin exchange inflows since early August.
Colombia’s Watchdog Accuses Worldcoin of Violating Personal Data Protection Regime
Reading Time: < 1 minuteColombia’s leading consumer protection agency has accused Worldcoin and its parent company Tools for Humanity of potentially violating the country’s laws on personal data protection.
Launch a Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Ethereum Standard
Reading Time: 2 minutesCayman Islands, UK, 22nd August 2024, Chainwire
Market Update August 22
Reading Time: < 1 minuteThe cryptocurrency market experienced a modest uptick over the past day, with Bitcoin and Ethereum leading the charge.
Bitunix Announces Major Security Upgrade: $5 Million Insurance Backed by UK-Based Security Partner
Reading Time: 2 minutesSingapore, Singapore, 22nd August 2024, Chainwire
Mining Firm Bitfarms Purchases Rival Stronghold Digital Mining
Reading Time: < 1 minuteBitcoin mining company Bitfarms has purchased Stronghold Digital Mining for approximately $125 million, including assumed debt of $50 million.
Mercado Libre to Release a Stablecoin Backed by the USD
Reading Time: < 1 minuteMercado Pago announced on Wednesday that it will launch a stablecoin in Brazil that is tied to the value of the US dollar.
Tether to Realese a Dirham-pegged Stablecoin in UAE
Reading Time: < 1 minuteTether has announced its upcoming launch of a new stablecoin pegged to the United Arab Emirates dirham (AED).
SubQuery Launches Decentralized AI Inference Hosting at Web3 Summit in Berlin
Reading Time: 2 minutesSingapore, Singapore, 21st August 2024, Chainwire
Market Update August 21
Reading Time: < 1 minuteThe cryptocurrency market experienced a slight downturn in the past 24 hours, with Bitcoin and Ethereum both recording declines.
Conflux and China Mobile’s Migu Debut World’s First Blockchain-Based Video Ringtone
Reading Time: 2 minutesNew York, United States, 21st August 2024, Chainwire
Mt. Gox Moves $700M in Bitcoin to New Wallets
Reading Time: < 1 minuteEarly Wednesday, an address linked to defunct exchange Mt. Gox moved 13,265 BTC, worth $784 million.
Malaysian Authorities Destroy Almost 1,000 BTC Mining Devices
Reading Time: < 1 minuteMalaysian authorities have destroyed 985 Bitcoin mining machines worth approximately 1.98 million Malaysian ringgits ($452,500).
Spot Bitcoin ETFs Post Inflow of $88M
Reading Time: < 1 minuteUnited States spot Bitcoin exchange-traded funds (ETFs) have continued to attract positive inflows, with eight out of the past ten trading days showing net inflows.
Flipster Announces Collaboration with Tether
Reading Time: 2 minutesWarsaw, Poland, 20th August 2024, Chainwire
Market Update August 20
Reading Time: < 1 minuteThe cryptocurrency market experienced a surge today, with Bitcoin leading the charge. The world’s largest cryptocurrency gained a solid 3.85%, closing in on the $61,000 mark at $60,845.50.
Nigeria Proposes a New Law to Tax Cryptocurrencies
Reading Time: < 1 minuteNigeria’s Federal Inland Revenue Service (FIRS) is set to introduce a tax on the crypto industry. The tax bill is expected to be presented to parliament for approval by September.
Bitwise Buys European ETP Provider ETC Group
Reading Time: < 1 minuteCrypto asset manager Bitwise has strengthened its global presence by acquiring London-based ETC Group.
Tether Expands USDT to Aptos Network
Reading Time: < 1 minuteTether has announced the expansion of its USDT stablecoin to the Aptos blockchain. This move adds to USDT’s existing presence on networks like Ethereum, Tron, Avalanche, Celo, and Solana.
PEXX Announces Strategic Acquisition of Chain Debrief
Reading Time: 2 minutesSingapore, Singapore, 20th August 2024, Chainwire
Market Update August 19
Reading Time: < 1 minuteThe world of cryptocurrency has been buzzing with activity over the past 24 hours, with major coins like Bitcoin and Ether experiencing interesting price movements.
Bitcoin’s Mining Profitability Falls to All-time Low
Reading Time: < 1 minuteThe recent increase in the Bitcoin network hashrate has caused a decline in the stock value of BTC mining companies that had recently gained from their investments in artificial intelligence (AI).
BlackRock’s ETFs Surpass Grayscale’s
Reading Time: < 1 minuteBlackRock’s digital asset exchange-traded funds have overtaken those offered by leading competitor Grayscale in terms of total assets under management.
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
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