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  • SHIBA INU added to Binance Card

    SHIBA INU added to Binance Card

    The world’s largest cryptocurrency exchange announced the addition of three new assets to the Binance Card. This included XRP, SHIBA INU as well as Avalanche. The supported crypto assets are expected to go live from today.

    The other assets on the list are Cardano (ADA), Binance Coin (BNB), Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Tether (USDT), Ethereum (ETH), S.S. Lazio Fan Token (LAZIO), Santos FC Fan Token (SANTOS), FC Porto Fan Token (PORTO), along with SXP.

  • Dogecoin loses 10th spot in crypto rankings to Polkadot

    Dogecoin loses 10th spot in crypto rankings to Polkadot

    Dogecoin (DOGE) has been pushed out of the top 10 cryptocurrencies by market capitalization by Polkadot (DOT).

    Dogecoin now ranks as the 11th largest cryptocurrency with a market worth of $9.28 billion after relinquishing its previously held 10th position to Polkadot, which now has a market worth of $9.62 billion.

  • Highlights of the week

    Highlights of the week

    $DOGE reveals Libdogecoin update
    Florence Finance partners with $LTO
    $ANKR launches SDKs for multichain liquid staking
    Gucci becomes first major brand to accept $APE payments
    Wirex partners with $1INCH to enable wallet-based token swaps
    Harvard University and $FIL plan to preserve digital information
    $ACH partners with $ASTR to accelerate Web3 development on Polkadot

  • Thailand’s Central Bank extends retail CBDC study to pilot phase

    Thailand’s Central Bank extends retail CBDC study to pilot phase

    The Bank of Thailand, the nation’s central bank, said Friday that it is starting a pilot study of a retail central bank digital currency (CBDC).

    The pilot phase will test real-life application of a retail CBDC and will be conducted with the support of the private sector. This will help the Bank of Thailand form related policies and improve the CBDC design, the announcement said.

  • Dogecoin reveals Libdogecoin update

    Dogecoin reveals Libdogecoin update

    Dogecoin Foundation has released a new update, libdogecoin, according to an announcement by its core developer, Michi Lumin, on August 5. The libdogecoin is an update that enables lightweight direct integration of Dogecoin into a variety of platforms.

    The product will serve as the foundation and building block for other larger projects like RadioDoge and Gigawallet. Together, these projects represent the vehicle through which the film aims to achieve its long-term goal to become a popularly accepted medium, including its mission to be the de facto medium for exchanging goods and services globally.

  • Tiffany & Co. NFT drop raises $12.5 million after instant sellout

    Tiffany & Co. NFT drop raises $12.5 million after instant sellout

    The world-famous luxury jeweler launched its first NFT collection today, a series of 250 CryptoPunks-inspired digital passes dubbed “NFTiffs”. The collection sold out in around 20 minutes, bringing in over $12.5 million.

    Despite cooling conditions in the crypto market, the NFT sector has shown some resilience over the last year, with several established brands making moves to establish a footing in the space. Tiffany & Co. is just one of many luxury brands to leap into Web3 in recent months, with notable others including Gucci and Louis Vuitton.

  • Ethereum users flock to Optimism for Aave liquidity mining launch

    Ethereum users flock to Optimism for Aave liquidity mining launch

    The Ethereum Layer 2 network announced the start of its latest liquidity mining program Thursday, part of what the chain is calling “OP Summer.” The project has allocated 5 million OP tokens to DeFi lending giant Aave for distribution to its users over the next 90 days.

    Since the update went live, users have bridged hundreds of millions of dollars of tokens to Optimism and deposited them into Aave to earn additional OP tokens. The start of Aave liquidity mining has pushed the total value locked up an additional 27%. Optimism currently holds roughly $1.51 billion in total value locked, trailing only Arbitrum’s $2.48 billion in the Layer 2 race.

  • Cardano (ADA) beats Dogecoin, Ethereum and Bitcoin in on-chain transfer volume growth

    Cardano (ADA) beats Dogecoin, Ethereum and Bitcoin in on-chain transfer volume growth

    According to a recent report published by Kraken Intelligence, Cardano (ADA) experienced a 16% increase in daily on-chain transfer volume.

    The cryptocurrency has sufficiently outperformed Bitcoin, Ethereum, Dogecoin, and Algorand. Data also showed that Cardano’s ADA has experienced a 238% increase in on-chain transfer volume on a year-to-date basis.

  • NEAR Wallet has the same problem as Solana’s Slope wallet

    NEAR Wallet has the same problem as Solana’s Slope wallet

    Specifically, on June 6, 2022, NEAR Wallet received a report that information about the wallet’s users had been shared externally. Accordingly, a piece of code of the NEAR wallet allowed the collection of personal data about those who tried to recover the wallet by SMS or email.

    After the vulnerability was reported, NEAR Wallet quickly changed the code, deleted sensitive data that had been leaked, and identified individuals who could have access to this data as a precaution. The person who reported the vulnerability also received a commensurate bug bounty reward.

  • Indian authorities freeze $8.1M in WazirX funds as part of AML investigation

    Indian authorities freeze $8.1M in WazirX funds as part of AML investigation

    India’s Directorate of Enforcement, or ED, has announced it froze roughly $8.1 million in funds and conducted a search connected to cryptocurrency exchange WazirX as part of an investigation into instant personal loan fraud.

    In a Friday announcement, the Directorate of Enforcement alleged WazirX facilitated transactions by unnamed fintech firms “to purchase crypto assets and then launder them abroad” as part of a scheme involving Chinese-backed companies circumventing India’s licensing regulations.