Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20. Read More at https://cointelegraph.com/news/japan-banks-back-project-pax-global-settlements?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: September 2024
Libre launches Brevan Howard, BlackRock, Hamilton Lane funds on Aptos
After Solana and Near, Libre protocol is deploying its pool of tokenized funds on the Aptos blockchain. Read More at https://cointelegraph.com/news/libre-launches-brevan-howard-black-rock-hamilton-lane-funds-on-aptos?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. Read More at https://cointelegraph.com/news/watch-3-btc-price-if-bitcoin-below-55k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift
BTC price targets are increasingly looking for a rematch with last month’s lows as Bitcoin chartists highlight formidable resistance levels. Read More at https://cointelegraph.com/news/arthur-hayes-sub-50k-btc-price-bitcoin-risks-trend-shift?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto venture capital funding surges to $633M in August rebound
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development. Read More at https://cointelegraph.com/news/crypto-vc-funding-rebounds-august?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple co-founder signs letter endorsing Harris for president
Previously, former Ripple’s board member Gene Sperling left the White House to join Kamala Harris’ 2024 presidential campaign. Read More at https://cointelegraph.com/news/ripple-chris-larsen-endorses-kamala-harris-president?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rare Ape CryptoPunk sells for $1.5M amid market downturn
CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value. Read More at https://cointelegraph.com/news/rare-ape-cryptopunk-sells-1-5m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs. Read More at https://cointelegraph.com/news/riot-platforms-holds-10000-bitcoin-focuses-on-expansion-amid-mining-challenges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
X complies with EU data laws, stops AI chatbot data collection
X resolves its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data, safeguarding privacy rights in the EU and EEA. Read More at https://cointelegraph.com/news/x-complies-eu-data-laws?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram changes FAQ language on illegal content moderation after CEO’s arrest
Telegram altered the wording of its answer to an FAQ on moderating illicit content saying it’s unable to process requests for private chats. Read More at https://cointelegraph.com/news/telegram-illegal-content-moderation-faq-language-change?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound