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Newswire > August, 2024
August, 2024

August, 2024

IMF acknowledges progress in El Salvador’s Bitcoin strategy
The International Monetary Fund (IMF) conceded that the potential risks tied to El Salvador’s adoption of Bitcoin as legal tender have not materialized. On Aug. 6, the financial regulator’s team, ...
LiFi integrates with Solana to enhance dApp cross-chain interactions
DeFi protocol Li.Fi has announced its expansion into the Solana ecosystem, aiming to enhance user experience across decentralized applications (dApps) by facilitating cross-chain interactions, accordi...
Traditional betting beat Polymarket on Walz VP pick favoring pro-Bitcoin Shapiro
Polymarket’s crypto prediction markets failed to anticipate Kamala Harris’s selection of Minnesota Governor Tim Walz...
British Hedge Fund Gobbles Up Over $464,300,000 Worth of Shares in Two Bitcoin ETFs
A hedge fund based in the United Kingdom (UK) is investing hundreds of millions of dollars in the two largest spot Bitcoin (BTC) exchange-traded funds (ETFs) by cumulative net inflows. According to a ...
Altcoin Season Delay Extends as Bitcoin’s Dominance Rises to 57%
The wait for an Altcoin Season was seemingly coming to an end towards the end of June, but the crash that followed extended the wait. The changing market trends are now exhibiting a longer delay in...
Ethereum Core Developer Slams Crypto’s “Casino Culture”
Ethereum (ETH) core developer Peter Szilagyi is disappointed with the crypto industry, advocating for actual value in a sector that can be so much more. The crypto industry has come a long way sinc...
Shiba Inu’s Layer-2 Faces Decline in User Activity: SHIB Price Impact
User activity on Shiba Inu’s (SHIB) Layer 2 (L2) platform Shibarium continues to drop. On Monday, the demand for the network plummeted to a monthly low. This happened despite the extended decline...
Polkadot (DOT) Struggles to Break $5 Due to Market Pressures
Polkadot’s (DOT) price has plummeted over 10% in the past week. Monday’s market troubles caused it to trade below the $5 price level for the first time since November 2023. On that day, the altcoi...
Grayscale Expands Portfolio With Investment Trusts for 2 Altcoins
Grayscale Investments, a prominent digital asset manager, has launched two new investment trusts – Grayscale Bittensor Trust and Grayscale Sui Trust. These products allow institutional investors to ...
Nillion Teams Up with Ritual for Decentralized Blind AI Inference Technology
On August 7, Nillion, a blind computation network, revealed that it has teamed up with Ritual, a decentralized open artificial intelligence (AI) infrastructure network, to develop decentralized blind ...
Newswire > August, 2024
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