Crypto News And Market Updates

Blockchain

Tether to Launch Dirham-Pegged Stablecoin on TON Blockchain: A Boost for UAE’s Digital Finance

November 1, 2024 Paulo

Tether to launch dirham-pegged stablecoin on TON, marking UAE’s blockchain expansion. TON reached 1B USDT in six months, reflecting rapid adoption.

Kraken cryptocurrency exchange headquarters in San Francisco, reflecting recent workforce reductions amidst industry layoffs.

Kraken Joins Crypto Exodus with 15% Workforce Layoffs

October 31, 2024 Paulo

Kraken cuts 15% of its workforce amid industry-wide layoffs, joining Consensys and DYDX. New co-CEO Arjun Sethi aims to refocus the exchange’s strategy.

South Korean cryptocurrency investor base reaches 7.78 million in 2024, driven by Bitcoin surge and supportive policies.

South Korea’s Crypto Investor Base Reaches 7.78 Million, Marking 21% Growth in First Half of 2024

October 31, 2024 Paulo

South Korea’s crypto investor count surged to 7.78M in 2024’s first half, up 21%, spurred by Bitcoin’s rise and pro-crypto U.S. policy shifts.

Mark Uyeda and Hester Peirce discussing SEC crypto regulations in a press conference.

Hong Kong Court Rules in Favor of Investors in JPEX Cryptocurrency Fraud Case

October 30, 2024 Paulo

Hong Kong court sides with investors in the JPEX fraud case, ordering $238,000 in recovery, spotlighting cryptocurrency regulations. #crypto #JPEX

Map of Eastern Europe highlighting crypto adoption in Ukraine and Russia

Ukraine and Russia Lead Global Crypto Adoption Amid Rising Geopolitical Instability

October 30, 2024 Paulo

Eastern Europe’s crypto adoption surges, led by Ukraine and Russia, with robust growth in both institutional and retail sectors, Chainalysis reports.

Jimmy Patronis, Florida CFO, proposing Bitcoin investment for state pension funds

Florida CFO Advocates for Bitcoin in State Pension Fund Investment Strategy

October 30, 2024 Paulo

Florida CFO Jimmy Patronis is pushing for Bitcoin investments in state pensions, aiming to diversify and protect Florida’s retirement funds.

Kalshi betting platform screenshot with USDC deposit options for U.S. election markets

Kalshi Now Accepts USDC Deposits, Enters Election Betting Arena Amid Strong Competition

October 29, 2024 Paulo

Kalshi accepts USDC deposits to attract users in election betting, challenging Polymarket and Robinhood in a competitive crypto-driven prediction market.