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Latest news updates about BTC (bitcoin), Eth, Sol, USDC, USDT and others crypto currencies.
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South Korea takes a major step toward crypto: Access for 3,500 companiesSouth Korea is once again rapidly advancing in the field of digital finance. The country has made progress on a program under which nearly 3,500 companies and professional investors will be able to enter the crypto market under specific conditions.
This change is important because for several years in South Korea, local companies had not been able to directly buy and sell virtual assets through crypto exchanges. The real issue was related to banks’ real-name accounts, which made it almost impossible for companies to enter the crypto market.
South Korea takes a major step toward crypto: Access for 3,500 companies
South Korea is once again rapidly advancing in the field of digital finance. The country has made progress on a program under which nearly 3,500 companies and professional investors will be able to enter the crypto market under specific conditions.
This change is important because for several years in South Korea, local companies had not been able to directly buy and sell virtual assets through crypto exchanges. The real issue was related to banks’ real-name accounts, which made it almost impossible for companies to enter the crypto market.
This change is important because for several years in South Korea, local companies had not been able to directly buy and sell virtual assets through crypto exchanges. The real issue was related to banks’ real-name accounts, which made it almost impossible for companies to enter the crypto market.
36
Article
Pakistan Could Save $400 Million Annually Through StablecoinsPakistan is considering the use of Stablecoins for Remittances—that is, the transfer of funds coming from abroad. The aim is not only to promote Crypto, but also to make money transfers cheaper, faster, and more transparent.
According to the Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal bin Saqib, Pakistan receives approximately $4 billion in Remittances every year.
Pakistan Could Save $400 Million Annually Through Stablecoins
Pakistan is considering the use of Stablecoins for Remittances—that is, the transfer of funds coming from abroad. The aim is not only to promote Crypto, but also to make money transfers cheaper, faster, and more transparent.
According to the Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal bin Saqib, Pakistan receives approximately $4 billion in Remittances every year.
According to the Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal bin Saqib, Pakistan receives approximately $4 billion in Remittances every year.
78
Article
A look at X’s Stablecoin Payments: Paying Creators in USDC?Social media platform X is considering a major change to its payments system for creators. According to reports, X is discussing using stablecoins—especially USDC—to pay content creators royalties and rewards.
If this plan becomes real, the way creators receive payments could change quite a lot. Since stablecoins are tied to the U.S. dollar, they try to remain more stable in value than most other cryptocurrencies. That’s why they’re being used for faster and lower-cost payments.
A look at X’s Stablecoin Payments: Paying Creators in USDC?
Social media platform X is considering a major change to its payments system for creators. According to reports, X is discussing using stablecoins—especially USDC—to pay content creators royalties and rewards.
If this plan becomes real, the way creators receive payments could change quite a lot. Since stablecoins are tied to the U.S. dollar, they try to remain more stable in value than most other cryptocurrencies. That’s why they’re being used for faster and lower-cost payments.
If this plan becomes real, the way creators receive payments could change quite a lot. Since stablecoins are tied to the U.S. dollar, they try to remain more stable in value than most other cryptocurrencies. That’s why they’re being used for faster and lower-cost payments.
61
Jane Street’s Nearly $1 Billion Bitcoin Bet Shows How Wall Street Is Embracing Crypto
#SICryptoNews #bitcoin #CryptoNewss
Jane Street’s Nearly $1 Billion Bitcoin Bet Shows How Wall Street Is Embracing Crypto
#SICryptoNews #bitcoin #CryptoNewss
#SICryptoNews #bitcoin #CryptoNewss
77
Article
The trader who made $49 million lost $24 million in 12 secondsSometimes in the crypto market, just a few seconds can change the entire story. This time, something similar happened with an experienced short-seller who first made a profit of around $49 million in the crypto market, but a short position in Ethereum wiped out the bulk of his gains in just 12 seconds.
The wallet on Hyperliquid named “pension-usdt.eth” had been shorting Ethereum for almost two months. Its position was about 50,000 ETH. During this time, the trader made several successful short trades in the market and earned a significant profit.
The trader who made $49 million lost $24 million in 12 seconds
Sometimes in the crypto market, just a few seconds can change the entire story. This time, something similar happened with an experienced short-seller who first made a profit of around $49 million in the crypto market, but a short position in Ethereum wiped out the bulk of his gains in just 12 seconds.
The wallet on Hyperliquid named “pension-usdt.eth” had been shorting Ethereum for almost two months. Its position was about 50,000 ETH. During this time, the trader made several successful short trades in the market and earned a significant profit.
The wallet on Hyperliquid named “pension-usdt.eth” had been shorting Ethereum for almost two months. Its position was about 50,000 ETH. During this time, the trader made several successful short trades in the market and earned a significant profit.
43
Article
🔥 Will Trump buy more Bitcoin? A big crypto decision in the USA!The U.S. crypto market is back in the news. President Donald Trump urged the Senate to pass the Crypto CLARITY Act. On this occasion, Trump also hinted that if regulators provide suitable proposals, the U.S. government may consider buying more Bitcoin in the future.
After meeting with key figures associated with the crypto industry in the White House, Trump said that the United States needs clear regulations to maintain its edge in the fields of Bitcoin, crypto, and new technology. According to him, the CLARITY Act could help keep the U.S. ahead of China and other countries.
🔥 Will Trump buy more Bitcoin? A big crypto decision in the USA!
The U.S. crypto market is back in the news. President Donald Trump urged the Senate to pass the Crypto CLARITY Act. On this occasion, Trump also hinted that if regulators provide suitable proposals, the U.S. government may consider buying more Bitcoin in the future.
After meeting with key figures associated with the crypto industry in the White House, Trump said that the United States needs clear regulations to maintain its edge in the fields of Bitcoin, crypto, and new technology. According to him, the CLARITY Act could help keep the U.S. ahead of China and other countries.
After meeting with key figures associated with the crypto industry in the White House, Trump said that the United States needs clear regulations to maintain its edge in the fields of Bitcoin, crypto, and new technology. According to him, the CLARITY Act could help keep the U.S. ahead of China and other countries.
58
China Adds Eight More Banks to Digital Yuan Network as Operators Reach 30
#SICryptoNews #china #DigitalAssets
China Adds Eight More Banks to Digital Yuan Network as Operators Reach 30
#SICryptoNews #china #DigitalAssets
#SICryptoNews #china #DigitalAssets
40
$1.2 trillion has been added to precious metals and crypto in the last 3 hours.
Gold up +3.08%, adding $934 billion.
Silver up +3.86%, adding $136 billion.
Bitcoin up +8.14%, adding $103 billion.
Ethereum up +9.66%, adding $22 billion.
This comes as the Treasury announced it will double its bond buybacks, pushing the 30 year yield down from a 19 year high to 5.187%.
When yields fall, assets that pay no interest look better.
#SICryptoNews #FOMCWatch $BTC
{future}(BTCUSDT)
$XAUT
{future}(XAUTUSDT)
$LINK
{future}(LINKUSDT)
$1.2 trillion has been added to precious metals and crypto in the last 3 hours.
Gold up +3.08%, adding $934 billion.
Silver up +3.86%, adding $136 billion.
Bitcoin up +8.14%, adding $103 billion.
Ethereum up +9.66%, adding $22 billion.
This comes as the Treasury announced it will double its bond buybacks, pushing the 30 year yield down from a 19 year high to 5.187%.
When yields fall, assets that pay no interest look better.
#SICryptoNews #FOMCWatch $BTC
$XAUT
$LINK
Gold up +3.08%, adding $934 billion.
Silver up +3.86%, adding $136 billion.
Bitcoin up +8.14%, adding $103 billion.
Ethereum up +9.66%, adding $22 billion.
This comes as the Treasury announced it will double its bond buybacks, pushing the 30 year yield down from a 19 year high to 5.187%.
When yields fall, assets that pay no interest look better.
#SICryptoNews #FOMCWatch $BTC
$XAUT
$LINK
100
🚨 BLOODBATH in Asian Markets
Over $650 BILLION has been wiped out from Asian stocks as semiconductor and tech stocks sell off across Asian markets.
🇰🇷 South Korea's KOSPI -5.5%, wiping out ₩279.7T ($186B).
🇯🇵 Japan's NIKKEI -3.1%, wiping out ¥36.7T ($232B).
🇨🇳 China's SSE -2%, wiping out ¥1.29T ($180B).
🇹🇼 Taiwan's stock market -1.5%, wiping out NT$1.80T ($55B).
#SICryptoNews #Asianmarket $BTC
{future}(BTCUSDT)
$LINK
{future}(LINKUSDT)
$NVDA.US
{stock_us}(NVDA.US)
🚨 BLOODBATH in Asian Markets
Over $650 BILLION has been wiped out from Asian stocks as semiconductor and tech stocks sell off across Asian markets.
🇰🇷 South Korea's KOSPI -5.5%, wiping out ₩279.7T ($186B).
🇯🇵 Japan's NIKKEI -3.1%, wiping out ¥36.7T ($232B).
🇨🇳 China's SSE -2%, wiping out ¥1.29T ($180B).
🇹🇼 Taiwan's stock market -1.5%, wiping out NT$1.80T ($55B).
#SICryptoNews #Asianmarket $BTC
$LINK
$NVDA.US
Over $650 BILLION has been wiped out from Asian stocks as semiconductor and tech stocks sell off across Asian markets.
🇰🇷 South Korea's KOSPI -5.5%, wiping out ₩279.7T ($186B).
🇯🇵 Japan's NIKKEI -3.1%, wiping out ¥36.7T ($232B).
🇨🇳 China's SSE -2%, wiping out ¥1.29T ($180B).
🇹🇼 Taiwan's stock market -1.5%, wiping out NT$1.80T ($55B).
#SICryptoNews #Asianmarket $BTC
$LINK
$NVDA.US
108
Article
How Meme Coins Are Made? The Real Story Behind the Bonding CurveWhen you look at meme coins, it often seems like someone just came up with a funny image or a viral trend, people started buying the coin, and the price suddenly shot up. But in reality, it’s much more technical than that.
These days, many meme coins get launched on platforms where a bonding curve sets the price. In simple terms, the more people buy the token, the higher the price keeps going. That means early buyers may get it at a lower price, while those who come later have to pay much higher prices.
How Meme Coins Are Made? The Real Story Behind the Bonding Curve
When you look at meme coins, it often seems like someone just came up with a funny image or a viral trend, people started buying the coin, and the price suddenly shot up. But in reality, it’s much more technical than that.
These days, many meme coins get launched on platforms where a bonding curve sets the price. In simple terms, the more people buy the token, the higher the price keeps going. That means early buyers may get it at a lower price, while those who come later have to pay much higher prices.
These days, many meme coins get launched on platforms where a bonding curve sets the price. In simple terms, the more people buy the token, the higher the price keeps going. That means early buyers may get it at a lower price, while those who come later have to pay much higher prices.
43
CZ Raises a New Question: Are Software Wallets Safer After the Trezor Data Leak?
#SICryptoNews #bitcoin #CZ
CZ Raises a New Question: Are Software Wallets Safer After the Trezor Data Leak?
#SICryptoNews #bitcoin #CZ
#SICryptoNews #bitcoin #CZ
43
Article
China’s Digital Yuan Network Expands Further, Number of Operators Reaches 30China is rapidly advancing its official digital currency initiative. The People’s Bank of China (PBOC) has added eight more commercial banks to the network for the digital yuan, known as e-CNY. After this addition, the number of authorized bank operators for the digital yuan increased from 22 to 30.
The newly added banks include Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha, and Guangxi Beibu Gulf Bank.
China’s Digital Yuan Network Expands Further, Number of Operators Reaches 30
China is rapidly advancing its official digital currency initiative. The People’s Bank of China (PBOC) has added eight more commercial banks to the network for the digital yuan, known as e-CNY. After this addition, the number of authorized bank operators for the digital yuan increased from 22 to 30.
The newly added banks include Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha, and Guangxi Beibu Gulf Bank.
The newly added banks include Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha, and Guangxi Beibu Gulf Bank.
71
Article
SafePal Data Breach: Nearly 40,000 Users’ Information ExposedA major security alert from SafePal has come to light for crypto users. According to the company, due to an authorization flaw, order-related information of approximately 39,798 users became accessible to unauthorized individuals.
In this incident, users’ names, email addresses, phone numbers, shipping addresses, and purchase details made with SafePal were included. However, SafePal has clarified that seed phrases, private keys, wallet passwords, payment information, and government-issued IDs were not exposed in this breach.
SafePal Data Breach: Nearly 40,000 Users’ Information Exposed
A major security alert from SafePal has come to light for crypto users. According to the company, due to an authorization flaw, order-related information of approximately 39,798 users became accessible to unauthorized individuals.
In this incident, users’ names, email addresses, phone numbers, shipping addresses, and purchase details made with SafePal were included. However, SafePal has clarified that seed phrases, private keys, wallet passwords, payment information, and government-issued IDs were not exposed in this breach.
In this incident, users’ names, email addresses, phone numbers, shipping addresses, and purchase details made with SafePal were included. However, SafePal has clarified that seed phrases, private keys, wallet passwords, payment information, and government-issued IDs were not exposed in this breach.
68
Japan’s central bank may be preparing for another important shift in monetary policy
#SICryptoNews #BoJ #bitcoin
Japan’s central bank may be preparing for another important shift in monetary policy
#SICryptoNews #BoJ #bitcoin
#SICryptoNews #BoJ #bitcoin
29
Article
🚨 Trezor data leak: Why did CZ say Software Wallets are better?In the world of crypto, Hardware Wallets are generally considered more secure, but the recent Trezor data breach revealed a different side of that assumption.
On August 13, Trezor said that its shipping partner ShipMonk’s system had seen unauthorized access, affecting the personal information of about 13,700 users. That information included names, phone numbers, and home addresses.
🚨 Trezor data leak: Why did CZ say Software Wallets are better?
In the world of crypto, Hardware Wallets are generally considered more secure, but the recent Trezor data breach revealed a different side of that assumption.
On August 13, Trezor said that its shipping partner ShipMonk’s system had seen unauthorized access, affecting the personal information of about 13,700 users. That information included names, phone numbers, and home addresses.
On August 13, Trezor said that its shipping partner ShipMonk’s system had seen unauthorized access, affecting the personal information of about 13,700 users. That information included names, phone numbers, and home addresses.
55
Article
Abu Dhabi hasn’t put billions, but it has made a big bet of hundreds of millions of dollars on Bitcoin! 🇦🇪₿Bitcoin’s story is no longer limited to regular crypto investors or exchanges. Major institutions around the world, along with pension funds and government investment entities, are increasingly making Bitcoin part of their portfolios.
The latest news coming from Abu Dhabi is an important example of this very shift.
According to the latest regulatory filings, Abu Dhabi’s two major sovereign wealth institutions continue to hold investments of hundreds of millions of dollars in BlackRock’s Bitcoin ETF, IBIT.
Abu Dhabi hasn’t put billions, but it has made a big bet of hundreds of millions of dollars on Bitcoin! 🇦🇪₿
Bitcoin’s story is no longer limited to regular crypto investors or exchanges. Major institutions around the world, along with pension funds and government investment entities, are increasingly making Bitcoin part of their portfolios.
The latest news coming from Abu Dhabi is an important example of this very shift.
According to the latest regulatory filings, Abu Dhabi’s two major sovereign wealth institutions continue to hold investments of hundreds of millions of dollars in BlackRock’s Bitcoin ETF, IBIT.
The latest news coming from Abu Dhabi is an important example of this very shift.
According to the latest regulatory filings, Abu Dhabi’s two major sovereign wealth institutions continue to hold investments of hundreds of millions of dollars in BlackRock’s Bitcoin ETF, IBIT.
BTC-0.41%
IBITETF+6.78%
81
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