Injective Labs, in collaboration with 21Shares, has announced the launch of AINJ — the Injective Staking Exchange-Traded Product (ETP) linked to INJ, which will include staking. The fund will allow users to gain exposure to INJ tokens via major traditional financial exchanges and brokerages while also capturing staking rewards. The ETP will trade on Euronext …
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The Basel Committee on Banking Supervision has officially released its final disclosure framework for banks’ crypto exposures and made targeted amendments to its cryptoasset standards to “tighten the criteria for certain stablecoins to receive a preferential regulatory treatment.” Both standards are slated to come into effect on Jan. 1, 2026. The Committee, part of the Bank for …
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Former US President Donald Trump is rumored to make a groundbreaking announcement at the upcoming Bitcoin 2024 Conference in Nashville. According to industry sources, the former President may have plans to unveil Bitcoin (BTC) as a strategic reserve asset for the US. Satoshi Action Fund co-founder Dennis Porter and BnkToTheFuture founder Simon Dixon both shared …
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The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power to declare mining operations in these regions illegal, based …
Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider of digital currency white-label payment solutions. Argentina took the fourth place in the list, with 18.9% of its population holding cryptocurrency, while Brazil appears in sixth place with 17.5%. Argentina …
Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational organization engaging in kidnapping, human trafficking, extortion, and other illegal behavior. The U.S. Department of the Treasury also stated that the organization had used cryptocurrency to launder the proceedings of their activities to some extent. OFAC …
President Nayib Bukele has announced a new measure in his battle against speculation and price gouging in El Salvador, eliminating import duties for certain basic foods and supplies for a decade. While some of these products did not pay duties due to a previously approved bill, critics argue that this will exacerbate reliance on imports, …
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have already blocked a few deposits and reached out to concerned wallets for recovery,” the crypto …
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Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.” The company stated that users can now wear their crypto, providing instant access to over 6,000 assets and various services directly on their fingers. The …
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The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by enabling its use in decentralized finance (defi) activities on the TON platform. TON Foundation Announces Bitcoin Bridge …
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Decentralized technology might have the ability to offer whistleblowers of the future more secure methods for sharing evidence.
What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies?
A crypto strategist who nailed the Bitcoin pre-halving correction this year thinks BTC is now entering an uptrend. Pseudonymous trader Rekt Capital tells his 484,100 followers on the social media platform X that Bitcoin has convincingly broken out of a descending trendline on the daily chart. “The Bitcoin downtrend is over. A new Bitcoin uptrend …
A closely followed crypto analyst says that one altcoin that has seen gains of over 120% in two weeks is gearing up to continue its upward momentum. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 217,800 followers on the social media platform X that Cosmos (ATOM)-based GameFi project Dymension (DYM) looks …
Former US president Donald Trump says he is planning to release a new series of non-fungible tokens (NFTs) following the success of his previous collections. In an interview with Bloomberg Businessweek, the Republican presidential candidate says he will launch a fourth NFT collection as he sees demand for a new one. “I did things like …
