CoinDCX’s Okto wallet secures operational license in UAE free zone
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
Month: August 2024
SOON closes funding round for Solana-based layer-2
Backers hail from Solana Labs, Coinbase Ventures, and Celestia, among others.
Elon Musk is worth 100K followers: Yat Siu, X Hall of Flame
His followers include William Shatner and Paris Hilton, but Animoca’s Yat Siu says Elon Musk would have a much greater...
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen....
New Crypto Launch to Watch: Base Dawgz Meme Coin Presale Ends in Days Over $3M Raised
Base Dawgz (DAWGZ) has got investors buzzing as it nears the end of its presale phase. With over $3 million...
Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January
Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of bitcoin and ethereum has been...
US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains....
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings
Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.
Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting...
Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000...
Latam Insights Encore: El Salvador’s Bitcoin Education Investments Set to Pay Off in Adoption
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past...
UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund
United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy...
SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars...
Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the...
