Archives: Fast News

  • Whale accumulated 187 billion SHIBA INU

    Whale accumulated 187 billion SHIBA INU

    According to WhaleStats, in the last 24h, ETH whale “Gimli” bought 187,000,000,000 SHIB. This amount of SHIB is worth $1,991,550.

  • Polygon average cost per transaction fell by 49% in Q2

    Polygon average cost per transaction fell by 49% in Q2

    Polygon average cost per transaction fell by 49% in Q2

    Polygon emphasized its growth data through the ongoing crypto market bear period, highlighting that the network’s average cost per transaction fell 49% to $0.018 in Q2.

    Following this, Polygon also experienced a 12% increase in unique address creation in Q2 amounting to 5.34 million. Additionally, the network noted that the total Q2 transactions also increased by 4% to 284 million alongside network revenue, which was $5.56 million.

  • IMF says Bitcoin crash hasn’t harmed global financial stability

    IMF says Bitcoin crash hasn’t harmed global financial stability

    In its ‘World Economic Outlook Update: Gloomy and More Uncertain’ report published today, the IMF acknowledged that the crypto market has experienced a “dramatic” sell-off—but added that it hasn’t yet hurt the financial system.

    As investors face uncertainty with Russia’s war in Ukraine and supply chain issues—among other macroeconomic factors—they are shifting “risky” assets. Bitcoin and digital currencies are deemed risky—along with equities.

  • AntPool supports Ethereum Classic ecosystem with $10 million investment

    AntPool supports Ethereum Classic ecosystem with $10 million investment

    AntPool, the mining pool affiliated with mining rig giant Bitmain, has invested $10 million to support the Ethereum Classic ecosystem and plans to continue investing more, the pool’s CEO, Lv Lei, said at Bitmain’s World Digital Mining Summit on Tuesday.

    The initial $10 million investment went to the development and exploration of applications of the Ethereum Classic mainnet, as to promote the overall performance of the network.

  • FOMO Pay taps Ripple’s liquidity solution for treasury management

    FOMO Pay taps Ripple’s liquidity solution for treasury management

    Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL).

    FOMO Pay would use the popular crypto enterprise technology to improve its cross-border treasury settlements. With ODL integration, the firm aims to achieve an instant settlement with very low transaction costs.

  • Central African Republic begins public sale of Sango Coin

    Central African Republic begins public sale of Sango Coin

    Sango Coin, the national cryptocurrency of the Central African Republic (CAR), is now on sale according to details on the Sango project website. The Sango project has sold 5.25% of the tokens, as of the time of publishing.

    CAR’s President Faustin-Archange Touadéra announced Sango Coin as the country’s national crypto earlier in July. The token will be used as part of the country’s plans to tokenize its mineral resources.

  • SHIBA INU announces SHIB Burn Visa Card

    SHIBA INU announced launching SHIB Burn Visa Card

    SHIBA INU’s team announced the coming of the new SHIB Burn Visa card on July 25, which burns SHIB while making payments.

    The SHIBA INU (SHIB) ecosystem will soon welcome the SHIB Burn Visa card, which has the potential to significantly speed up the incentive distribution process. Additionally, for every card payment, the card will burn more SHIB.

  • RAD rises 131.15% after 24h

    RAD rises 131.15% after 24h

    RAD rises 131.15% after 24h

    RAD, the native token of the Radicle ecosystem, is currently leading the Top Gainers on ONUS in the last 24 hours. This asset has witnessed a growth of 131.15% and is trading at $4.515.

    With a trading volume of $63.42 million in the past 24 hours, RAD has become the largest asset by trading volume on the ONUS app.

  • The University of Tokyo to offer courses in the Metaverse

    The University of Tokyo to offer courses in the Metaverse

    According to a Saturday report from the local news outlet The Asahi Shimbun, the University of Tokyo (Todai) is set to offer a range of study programs later this year that will take place in the Metaverse.

    Todai’s project has been launched to address the lack of skilled personnel working on “digital transformation” and “advanced technologies.”

  • Bill addressing stablecoins risks in US likely delayed until September

    Bill addressing stablecoins risks in US likely delayed until September

    Bill addressing stablecoins risks in US likely delayed until September

    According to a Monday report from the Wall Street Journal, people familiar with the matter said House members will likely delay voting on a stablecoin bill until September after being unable to complete a draft in time for a Wednesday committee meeting.

    Committee Chair Maxine Waters (D-Calif.) and ranking Republican Patrick McHenry have been negotiating a bill that would give banks the ability to issue their own stablecoins and put nonbank issuers under the oversight of the Federal Reserve.