USDT Issuer Tether Will Double its Workforce Next Year
According to Tether CEO Paolo Ardoino, the stablecoin company is planning to increase its workforce to around 200 employees by mid-2025.
Russia Legalizes Crypto Mining
Russian President Vladimir Putin has signed a new law aimed at reducing the country’s dependence on the United States dollar in international trade.
Valhalla is entering a partnership with Sunderland AFC for the full 2024-2025 season
Miami, Florida, 9th August 2024, Chainwire
Court Pospones Do Kwon’s Extradition Again
Do Kwon’s extradition from Montenegro has faced yet another delay. Montenegro’s appellate court had apparent final decision to extradite Kwon to South Korea, his country of origin.
Spot Ethereum ETFs See Outflows of $23 Million
Ethereum ETFs saw net outflows of $23.68 million, led by Grayscale’s ETHE with $31.86 million in outflows.
Immutable Plans to Close its NFT marketplace
Immutable has announced that it will be retiring its NFT marketplace and focusing on expanding its ecosystem through strategic partnerships.
Hong Kong Digital Bank Starts Offering Bitcoin and Ether ETFs
Mox, a digital bank owned by Standard Chartered, has recently launched an investment platform in Hong Kong and is now offering its clients the ability to trade in Bitcoin and Ether exchange-traded funds (ETFs).
Bitcoin Volatility Reaches Highest Level in 20 Months
As Bitcoin dropped below $50,000, a significant indicator of its volatility reached its highest point in 20 months.
US Spot Ethereum ETFs Receive $98M
Ethereum ETFs experienced a total daily inflow of $98.3 million.
US Spot Bitcoin ETFs Lose $168M in a Day
On Monday, there were $168.4 million in net outflows reported for spot Bitcoin ETFs in the US, as the crypto market experienced significant volatility.
Aventus Supply Chain Solution Demonstrates Polkadot’s Impact on Aviation Inudstry
London, United Kingdom, 7th August 2024, Chainwire
Spot Ethereum ETFs Take In $49M
Despite a 20% drop in its price, US-listed exchange-traded funds (ETFs) for Ether saw net inflows of nearly $49 million on Monday.
Ark Invest Acquires $18M of Coinbase Shares
Ark Invest has recently made a significant investment in Coinbase, purchasing 93,797 shares worth a total of $17.8 million across three of its exchange-traded funds on Monday.
Bitcoin Dominance Approaches 60%
The percentage of Bitcoin’s market value compared to the overall cryptocurrency market, known as Bitcoin dominance, has reached a new yearly high of 58% amidst a decline in both crypto and stock markets.
