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Binance report highlights global divergence in stablecoin regulation
Binance has released a comprehensive report, “Overview of Global Stablecoin Regulation,” detailing the varying regulatory approaches toward stablecoins in key jurisdictions. Since stablecoins are anchored to fiat or other real assets, governments across different jurisdictions have changed their rules to foster innovation while protecting consumers. The report outlines the global comparison of the legal approaches […]Cryptopolitan
Tue, Oct 15
US bankruptcy filings spike to the highest level in 14 years, excluding 2020’s filings
Bankruptcy filings from US-based companies have broken a 14-year record, excluding the pandemic levels, by recording more than 500 bankruptcies year-to-date. So far, the year is only 6 companies away from attaining the bankruptcy levels witnessed in 2020 during the COVID-19 pandemic.Cryptopolitan
Tue, Oct 15
Trump’s Defi project sold 344 million tokens in the first hour despite the site crashing
Trump-backed public token for the World Liberty Financial Defi project went live around 12:40 UTC. In the first hour, the site faced numerous crashes, still, 2,900 investors bought the token with 344 million WLFI sold. According to Etherscan data, a total of 3000 unique wallets bought the token within the first hour. However, the amount […]Cryptopolitan
Tue, Oct 15
XRP back above $0.54 as Ripple makes key announcements at Swell 2024
Ripple (XRP) holds steady above key support at $0.54 on Tuesday as payment remittance firm Ripple makes announcements regarding exchange partners for its stablecoin RLUSD that is in the final stages of its launch.
Fxstreet
Tue, Oct 15
Africa dominates Web3 adoption as it outpaces the west
A report published by EMURGO Africa and PwC revealed that Web3 technologies are being adopted more widely in Africa. A separate report by EMURGO Africa emphasized that Big Tech companies actively contributed to the widespread adoption of Web3 technologies throughout the continent.Cryptopolitan
Tue, Oct 15
The Federal Reserve has absolutely no idea what it’s doing
The Federal Reserve continues to stumble through interest rate policies seemingly clueless while the US economy barrels ahead. Last month, it slashed interest rates by half a point, cutting the benchmark rate to 4.75%–5%. They called it a “recalibration” of policy due to retreating inflation and slower job growth. Now, the Fed is hedging on […]Cryptopolitan
Tue, Oct 15
Bitcoin Runes transactions have begun to gain momentum after tripling since August lows
Bitcoin Runes saw the light of day in October, registering more than three times the lowest transaction count recorded towards the end of August. Runes’ transactions still account for more transactions than Bitcoin ordinals and BRC-20.Cryptopolitan
Tue, Oct 15
Playstation The Concert: Iconic game music to take the center stage for the first time
Sony has announced PlayStation: The Concert for the celebration of famous in-game music. The concert will feature fan-favorite tracks from The Last of Us, God of War, Ghost of Tsushima, and Horizon to more than 200 cities. The concert will span over two years with a long list of cities. It could be once in […]Cryptopolitan
Tue, Oct 15
Crypto Today: Bitcoin loses slightly, Ethereum and XRP dip as Ripple Swell event goes live on Tuesday
Here's full Larry Fink quote on bitcoin/digital assets from the Q3 earnings call, he says bitcoin asset class in itself, they talking with institutions worldwide about allocation, dig assets remind him of the early days of the mortgage market (now $11T) and POTUS won't make dif pic.twitter.com/McvpW7cCnB — Eric Balchunas (@EricBalchunas) October 14, 2024 Ethereum trades at $2,558, holding steady above key support at $2,500.
Dragon Ball: Sparking! Zero sells 3 million copies as a huge commercial success
Dragon Ball: Sparking Zero is a major commercial success. The game based on a famous anime franchise has sold over 3 million copies becoming the most-played game on Steam in a very short time. Earlier the game also achieved high numbers in the early access period. According to SteamDB, the game reached a peak of […]Cryptopolitan
Tue, Oct 15
One Piece and Naruto Games called off by Bandai Namco resulting in major downsizing for workers
Bandai Namco has reportedly canceled the projects that included characters from the famous anime series One Piece and Naruto. As a result, the company is planning to lay off its workers. According to the recent Bloomberg report, Bandai Namco has already let 100 workers go since canceling the multiple titles. The report says the company […]Cryptopolitan
Tue, Oct 15
