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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
Oct 15, 2024
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
Oct 15, 2024
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
Oct 15, 2024
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
Oct 15, 2024
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
Oct 15, 2024
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
Oct 15, 2024
Ripple partners with key exchanges for new stablecoin RLUSD launch
Ripple Labs, a San Francisco-based payments company, has announced its initial exchange partners for the upcoming launch of its USD-pegged stablecoin, RLUSD. The announcement was made today during the opening session of Ripple’s annual conference, Ripple Swell 2024. This is a major step for Ripple’s stablecoin project, which seeks to revolutionize the compliance and usefulness […]Cryptopolitan
Oct 15, 2024
Bitcoin Price Forecast: BTC breaks above $67,000
Bitcoin (BTC) extends its gains on Tuesday, trading above $67,000 after a 5% rally on Monday, driven by robust demand reflected in over $555 million in inflows into US Bitcoin Spot Exchange Traded Funds (ETFs), as well as a Tuesday report from crypto asset trading firm QCP that underscores growing optimism for BTC.Fxstreet
Oct 15, 2024
UAE’s Central Bank approves the launch of an AED stablecoin
The United Arab Emirates (UAE) has granted AED Stablecoin LLC in-principle approval to launch AE Coin, the country's regulated stablecoin. The stablecoin issuer aims to improve payments and transactions in the region.Cryptopolitan
Oct 15, 2024
Binance helped Indian police recover 100,000 USDT tied to crypto scam
The Delhi Police, in collaboration with Binance, have seized over 100,000 USDT linked to a sophisticated scam in India. According to a report from The Hindu, the operation was conducted on October 15, 2024. The action by the police led to multiple arrests and exposed a fraudulent entity operating under the name “M/s Goldcoat Solar.” […]Cryptopolitan
Oct 15, 2024
Cardi B’s $WAP token under investigation in UAE
The UAE Securities and Commodities Authority launched an investigation on $WAP, a Solana-based token promoted by celebrities like Cardi B. The case surrounding Cardi B and the $WAP token has once more highlighted ongoing concerns about celebrity-endorsed tokens and their impact on the broader market.Cryptopolitan
Oct 15, 2024
