This Week In Crypto Asia: Japan’s SBI Group Leads the Way with Milestone Alliances, Philippines Evaluates 10,000 BTC Reserve
This week, the crypto scene in Asia revolved around collaborations. Japan's SBI Group emerged as a key player, executing substantial financial strategies with other prominent crypto entities to promote distributed database integration throughout the region. Here’s what unfolded. Japan’s SBI Collaborated With Circle,
Today Crypto News, August 30 – Polygon Cryptocurrency Major Indian Trading protocol Listing: Pig Butchering Crypto Scam Devastates Millions Overnight
Polygon is kicking off the week with renewed vigor as Giottus, a prominent crypto trading protocol in India, has now included QuickSwap's QUICK token in INR and USDT trading pairs. This listing paves the way for an expanded user base in the Indian
Tether Redefines USDT on Legacy Networks as “Not Supported”
Tether is implementing a modification in its approach to managing USDT on certain legacy blockchains it previously backed. Instead of freezing these tokens, the firm is designating them as“unsupported.” This pertains to platforms such as Omni Layer, BTC Cash SLP, Kusama, EOS, and
EtherFi Allocates $500 Million to Bitfinex-Supported Plasma
Plasma is gaining significant momentum within the Decentralized finance sector. Supported by Bitfinex, this Layer 2 focused on stablecoins has just secured a noteworthy strategic alliance. EtherFi, the premier protocol for liquid restaking, is directly integrating its $500 million ETH vault into Plasma.
China Advances with Its Stablecoin: Does the Surge in Conflux Crypto Indicate Smart Money Gathering?
China is edging closer to the exploration of stablecoins, a development that has the potential to transform global payment systems and elevate the yuan's presence on the international stage. Reports indicate that the State Council is currently evaluating a strategic plan that would
[LIVE] Current Crypto Updates, August 29 – Ton and Chainlink Finding Stability, Solana and Pyth Crypto Protocol Advancing
The crypto markets launched explosively today with US government data being recorded on blockchains for the first time. Pyth Protocol and Chainlink collaborated with the Commerce Department to transfer GDP figures onto crypto chains such as Solana and ETH. As a result, Pyth's
Helium HNT Set to Surge: Fresh Price Assessment Uncovers the Reasons
Helium HNT Mobile is among the crypto enterprises that are persistently developing. Its foundation is steadily expanding in the background as the team rolls out new innovations. The revamped tokenomics structure channels 100% of Helium Mobile's monthly subscriber income to burn HNT crypto,
[LIVE] Today’s Crypto asset Update, August 29 – $15 Billion in Bitcoin and ETH Options Expire, Binance Futures Goes Offline: Chainlink and Pyth Vie for Top Crypto to Purchase Right Now
What’s causing the decline in crypto today? Friday, August 29, is a significant day for the crypto space as Binance Futures unexpectedly went offline just as an enormous $15 billion in Bitcoin and ETH options contracts are nearing expiration. The Bitcoin options crypto
Now That Google Distributed ledger Has Arrived, Is It Time to Consider Investing in Alphabet Stock?
Google's entry into the blockchain space is significant, aiming to take command of the market. In a LinkedIn post, Rich Widmann, the head of Web3 strategy at Google, shared fresh insights regarding the Google Cloud Universal Ledger (GCUL). He characterized GCUL as the
Explore Monero’s FCMP Upgrade Strategy to Mitigate 51% Attack Recovery
This week, developers of Monero (XMR crypto) have worked to alleviate concerns regarding a possible 51% attack associated with the Qubic block rewards pool. While it's still unverified if Qubic ever possessed a majority of XMR ▲0.31% mining power, the mere allegation was
