This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Meanwhile, FTX is still offloading more of its stake in different companies. After receiving the court’s approval, the firm offloaded two-thirds of the holdings in Anthropic for $884 million.
The deadline for most BlockFi customers to withdraw their crypto holdings was April 28, 2024. But the company is now offering a way for those who missed the first chance.
The proposed law by Taiwan’s Executive Yuan is designed to curb fraud and regulate money laundering among crypto organizations.
The VanEck’s MarketVector Meme Coin Index tracks top six meme coins of the respective sector, with an 89% weightage of the entire meme coin sector.
ESMA wants feedback by August 7, 2024, about whether UCITS can include assets other than traditional stocks and bonds.
Financial experts have often pointed out that meme coins, cryptocurrencies inspired by internet memes, do not serve a useful purpose and rely heavily on social media trends to gain popularity. The recent price swings involving BODEN support this criticism.
The SBI DAH will acquire a stake in Chiliz Japan Joint Venture to allow Japanese fans to start participating in the global fan communities.
Data shows that crypto trading volume for spot and derivatives markets fell for the first time in seven months.
The crypto project initially announced a possible listing last month, but for some reason, it could not be achieved.
Trump criticized the Biden administration’s stance on digital assets, adding that the US president has no real knowledge of the emerging economy.
The government’s initial focus on stablecoin and staking legislation could be the first step towards a comprehensive regulatory framework, as they’ve previously outlined a phased approach with stablecoins as the priority.
BitMEX said its options trading platform will offer a full range of institutional-grade options for digital assets.
Currently, Arbelos operates offshore through the British Virgin Islands. The company is also seeking a regulatory license from financial authorities in the region to enable it to operate without restrictions in compliance with local laws.
Bitpanda crypto exchange and Raiffeisen Bank announced a strategic partnership earlier last year but initially focused on Vienna-based customers.
Indonesia’s regulatory agency Bappebti has formed a Crypto Asset Committee to oversee the country’s crypto sector and ensure compliance.