Author: Ronaldo Markue

A United States Democratic Party representative Ro Khanna hosted a round table talk for crypto figures that can impact the policy direction of Vice President Kamala Harris election campaign. The crypto influencers are directed to meet Ro Khanna privately next week to address the challenges faced in crypto regulations and propose possible changes. Bloomberg presented a report that disclosed that high-ranking officials from Harris’s campaign will take part in the meeting along with senior White House adviser Anita Dunn, Deputy Chief of Staff Bruce Reed, and National Economic Adviser Lael Brainard will also attend the meeting. Harris election campaign engages…

Austria adopts the Worldcoin digital ID verification, offering Vianna residents access to the World ID system with numerous locations within the city. The World Foundation has announced the successful launch of Digital ID issuance in Austria which adds another European location to its digital identity verification network. The Digital ID is available after July 31 in Austria, where people above the age of 18 can verify their through different locations in the city and join a network of over 6.3 million users globally. Worldcoin’s Presence in Europe A Germany-based company named Tools for Humanity, operating WorldCoin is collaborating with the…

The gaming blockchain Ronin leads in daily active users, hitting two million on July 29. Ronin’s gaming-focused network achieved several milestones in 2024, surpassing other blockchains in daily active users (DAU). According to onchain data from Token Terminal, Ronin recorded two million DAU on July 29, outpacing other blockchains like Tron. TRX is at $0.1373 and Solana (SOL) at $192. Tron came in second with 1.8 million active users, while Solana had 1.2 million users in the past 24 hours. Token Terminal’s daily active users (DAU) chart tracks the number of unique addresses interacting with key contracts. This includes users…

CoinShares reports that spot-based Ethereum ETFs are expected to attract $2.2 billion in investments. Meanwhile, Grayscale has experienced $285 million in net outflows. The launch of spot-based Ether ETFs has resulted in one of the largest net inflows since December 2022. CoinShares claims that fresh Ether ETFs attracted $2.2 billion and jumped 542% in ETH exchange-traded products. The net inflows were partially offset by $285 million in net outflows from Grayscale’s $1. Stable Inflows Persist During Bitcoin’s Volatile Markets In addition to ETH development, Bitcoin has attracted $3.6 billion in inflows in the last month and brought its YTD total…

Johnny Ng, a Hong Kong Legislative Council Member made a bold announcement by collaborating with various stakeholders to check the potential benefits of adding Bitcoin to strategic fiscal reserves and adopting web3 technologies. In his recent post on X, Ng identified the benefits of adopting Bitcoin and resembled it with digital gold due to its value and potential to fight against inflation. Ng elaborated on the importance of including Bitcoin in fiscal reserves by suggesting that, with the proper regulations, it could strengthen Hong Kong’s economic ecosystem. Hong Kong Bitcoin adoption: Embracing web3 for economic growth Hong Kong legislator Wu…

El Salvador, famous for its Bitcoin-friendly policies, has seen many crypto visitors. But are people really thinking about moving their families there? Bitcoin Beach Co-Founder Roman Martinez says that many Bitcoin enthusiasts are considering relocating to El Salvador due to increasing international crypto regulations. El Salvador: A “Plan B” for Bitcoin families At the Bitcoin 2024 conference in Nashville on July 27, Martinez spoke to Cointelegraph. He said that some people who feel left out by traditional financial systems are considering moving to El Salvador because of its Bitcoin-friendly policies. According to Martinez, El Salvador’s President Nayib Bukele may have…

Robert F. Kennedy Jr. an independent candidate for the presidential seat in the United States upcoming election revealed his strategic plan to add “550 BTC daily” in a speech at the 24 Bitcoin Event held on July 26. FRK Jr. stated that if he becomes the next president of the U.S. he aims to inject a total of 204,000 Bitcoin into Federal Reserves as a “strategic asset.” Kennedy also proposed to add 550 BTC daily until the reserves reached the figure of 4 Million Bitcoin. According to him, this approach will give the United States a dominant position in the…

FINMA stated that it is important to use anti-money laundering rules for issuers in order to protect investors effectively. The Swiss government has published more detailed guidance on the use of stablecoins, and it has said that reserve assets must fully back these particular tokens on a 1:1 basis. As of FINMA’s recent statement, stablecoins will be regulated in the same manner as initial coin offerings, which have been regulated since 2019. The regulator amended the document to respond to the issues, which include risks of money laundering, terrorism financing, and sanctions evasion associated with stablecoins. Strengthening Anti-Money Laundering Controls…

Mt. Gox moves 5,106 Bitcoin to Bitstamp and an unknown address. After that, 2,869 Bitcoin were quickly moved through multiple wallets. On July 24, Mt. Gox continued its repayments by moving 5,106 Bitcoin (worth about $335 million) to the cryptocurrency exchange Bitstamp and an unknown address. Arkham Intelligence reported that at 06:16 UTC, 5,106 Bitcoin were sent out. Of these, 2,237 Bitcoin (worth $147 million) went to Bitstamp, and 2,869 Bitcoin were transferred to an unknown address. The address starting with 1MzhW quickly sent the funds to another wallet, beginning with 12azL, before making a final transfer to addresses tied…

The cat-themed MEW meme token has risen to become one of the most widely traded tokens in South Korea, exceeding even Bitcoin in trading volumes and becoming the preferred choice among traders. MEW, or “Cat in a Dog’s World,” rose rapidly to become the most traded digital asset on Bithumb against the South Korean Won even though it did not reach for the billion-dollar memes.” Its dedicated user base and frequent trading indicate long-term demand as it overtook prior trends like Book of Meme (BOME). MEW rose during the increased interest in cat-themed tokens after the launch of MIGGLES based…