August 2024 - Crypto News And Market Updates

Japan PM Fumio Kishida Highlights Web3, Blockchain as Solutions to Societal Challenges

August 28, 2024 Paulo

Japan’s PM Fumio Kishida emphasizes Web3 and blockchain as key to solving societal challenges, aligning with his “New Capitalism” strategy for economic growth.

Xapo Bank and Hilbert Capital to Launch $200 Million Bitcoin-Denominated Hedge Fund

August 27, 2024 Paulo

Xapo Bank and Hilbert Capital unveil a $200m Bitcoin-denominated hedge fund, targeting institutional investors with lower fees and strategic growth potential.

SxT Labs Secures $20M in Series A Funding to Revolutionize Blockchain and AI Integration

August 27, 2024 Paulo

SxT Labs secures $20M in Series A funding led by Framework Ventures to enhance blockchain and AI integration through innovative data verification tech.

Echelon Secures $3.5M in Seed Funding to Advance DeFi Lending and Real-World Asset Strategies

August 27, 2024 Paulo

Echelon raises $3.5M to expand DeFi lending, focusing on real-world assets and Move-based ecosystems with support from Amber Group and key partners.

Bitpanda and CoinMENA Partner for Strategic Crypto Expansion in MENA Region

August 26, 2024 Paulo

Bitpanda and CoinMENA’s partnership aims to enhance crypto trading and expand digital assets, positioning MENA as a central hub for global crypto innovation.

WazirX Opens Partial INR Withdrawals Following Recent Hack

August 26, 2024 Paulo

WazirX reopens partial INR withdrawals for eligible users, reduces fees by 60%, following a major hack. Full access to funds remains pending.

Binance to List First Bank-Backed MiCA-Compliant Stablecoin, Eurite (EURI)

August 26, 2024 Paulo

Binance lists Eurite (EURI), a MiCA-compliant stablecoin by Banking Circle. Trading begins on August 28 with a zero-fee promotion for trading pairs.

Polygon Recovers Discord Server After $145K Hack: What You Need to Know

August 25, 2024 Paulo

Polygon Discord server was hijacked for three hours causing a $145K loss. Learn how the breach was detected and resolved, raising concerns over crypto security.

BNB Smart Chain DEX Volume Surges, Temporarily Flips Solana

August 25, 2024 Paulo

BNB Smart Chain’s DEX volume surged by 40%, briefly overtaking Solana, driven by strong performance on PancakeSwap and rising BNB token prices.

Elon Musk’s X Reveals Shareholder List Including Bill Ackman

August 25, 2024 Paulo

Elon Musk’s X reveals its shareholder list, including Bill Ackman, Binance, and more, following a court order, unveiling major tech industry backers.

Name	Price	24H (%)
Bitcoin(BTC)	$89,891.00	-0.05%
Ethereum(ETH)	$2,976.24	-1.29%
Tether(USDT)	$1.00	-0.01%
BNB(BNB)	$891.70	0.01%
XRP(XRP)	$1.92	-1.52%
USDC(USDC)	$1.00	-0.01%
Solana(SOL)	$128.83	-1.03%
JUSD(JUSD)	$1.00	0.02%
TRON(TRX)	$0.309530	3.32%
Lido Staked Ether(STETH)	$2,974.59	-1.35%