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Russia Moves to Legalize Cryptocurrency Payments Amid Sanctions Pressure: Report

According to a Bloomberg Report, Russia will soon legalize the use of cryptocurrencies for payments. This move is aimed at easing the growing difficulties faced by companies in making foreign payments due to U.S. sanctions over the war in Ukraine. Details on the New Bill and Legislation On Tuesday, Lawmakers in the State Duma, Russia’s […]

Analysts Eye September for Potential Bitcoin Breakout Despite Recent Retreat

Bitcoin prices dipped to an intraday low of $65,563 on July 30, marking a 6% slump since the beginning of the week. The asset recovered to reclaim $66,000 but failed to hold at that level, dropping back below it during the Wednesday morning Asian trading session. Nevertheless, BTC markets remain in a five-month rangebound channel, […]

ZKsync-Powered GRVT Launches Open Beta on August 5 with 2.5M Waitlist Testers

[PRESS RELEASE – Singapore, Singapore, July 25th, 2024] Hybrid cryptocurrency exchange GRVT, ZKsync’s first official Validium ZK Chain, will launch its Open Beta testnet on August 5. The public test aims to assess key account management and trading features, as well as users’ native biometric-enable self-custodial GRVT Wallet. During the test, participants will have the […]

21Shares Integrates Chainlink Proof of Reserve to Boost Transparency of Ethereum Reserves

21Shares – which is part of 21Shares AG – has announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. It improves the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH), which is physically backed by Ether and tracks its performance. The Zurich-based financial institution said that the latest […]

Elastos’ BeL2 Secures Starknet Grant to Advance Native Bitcoin Lending and DeFi Solutions

[PRESS RELEASE – Singapore, Asia, July 29th, 2024] Elastos BeL2 will partner with StarkWare to integrate Starknet ZKPs and Cairo programming language with BeL2 for Native Bitcoin DeFi apps Starknet integration enables BeL2 to deliver smart contracts and dapps without moving Bitcoin assets off the mainnet Starknet Grant validates strength of BeL2 innovation and leadership […]

Beware of Scams: BlackRock Confirms No Social Media Investment Solicitations

American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or […]

Senator Lummis Proposes $67B Strategic Bitcoin Reserve to Back USD

The proposal came during a speech by the Republican representative for Wyoming at the Bitcoin 2024 Conference in Nashville on July 27. “We can create a brighter future for generations of Americans by diversifying into Bitcoin and being the first developed nation to create a strategic reserve,” she said. US Bitcoin Reserve The pro-crypto politician […]