[PRESS RELEASE – Astana, Kazakhstan, August 22nd, 2024] 1MarketMakers are launching a new service – 1MM Startup Kit, which will assist startups entering the market. According to the team, to remain competitive in the market, blockchain startups must now adhere to traditional business principles. It’s not enough to simply activate a bot for automated liquidity maintenance. Long-term solutions are crucial: community support, marketing, a sound economic strategy, and tokenomics...
Read More »Topper and Argent Team Up to Offer Seamless Fiat-to-Crypto Conversions to Argent Users
[PRESS RELEASE – San Francisco, United States, August 22nd, 2024] Topper stands out as the premier onramp solution in the crypto space due to its unique combination of ease-of-use, high approval rates, and broad asset support. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, has announced a partnership with Argent, the leading smart wallet on Starknet, with over 2 million users. This collaboration expands global access to the Starknet ecosystem...
Read More »McDonald’s Instagram Hacked to Promote Solana-Based Scam Meme Coin ‘Grimace’
McDonald’s Instagram page was reportedly hacked on August 21, leading to a significant scam involving a Solana-based meme coin. The perpetrators exploited the fast-food chain’s social media account to promote a fraudulent token named “Grimace,” referencing one of McDonald’s fictional characters featured in its advertisements. Bubblemaps’ findings reveal that the hacker acquired 75% of the Grimace token’s total supply using the Solana meme coin deployer pump.fun. The attacker...
Read More »DBS Bank Singapore Rolls Out Blockchain-Based Government Grants Pilot
DBS Bank is implementing a blockchain pilot for government grant disbursements in Singapore. The pilot project initiatives to improve fund distribution and eliminate manual oversight. DBS Bank in Singapore has launched a ground-breaking solution that uses blockchain technology to enhance the disbursement of government funds, signaling a significant move toward efficiency and transparency. In a recent pilot, DBS teamed with Enterprise Singapore (ESG) and the Singapore Fintech Association...
Read More »Ethereum L2 Fhenix Launch Twin Incentive Program for Developers
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Read More »Auto DraftSpot Bitcoin ETFs See Inflows Jump by 223% Amid Market OptimismAuto Draft
In a remarkable turn of events, Spot Bitcoin ETFs are witnessing a staggering 223% increase in inflows, a clear signal of growing market confidence. Amid this surge, ETFSwap (ETFS) emerges as a beacon of security, providing a trusted platform where investors can trade Spot Bitcoin ETFs thereby navigate the volatile waters of cryptocurrency with peace of mind. Spot Bitcoin ETFs See 223% Surge In Inflows Amidst Market Volatility Fidelity topped the way for the second day in a row as...
Read More »Meme Coin Ecosystem WOMIO Presale Is Now Live
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Read More »Truflation Expands Big Mac Index to 15 Countries Across Europe and Asia
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Read More »Bitcoin Futures Open Interest Rises by $1.3 Billion Following Fed’s Dovish Minutes
On August 22, Bitcoin futures experienced a substantial increase in open interest (OI) following the release of the U.S. Federal Reserve’s minutes from its July meeting. The OI reached $31.92 billion, marking an increase of $1.26 billion in 12 hours. Open interest is the total number of futures and options contracts traded but not yet closed out. Higher OI suggests that traders are more confident about Bitcoin’s price direction, in this case, they expect the Bitcoin price to rise. However,...
Read More »Harris to Back Crypto Industry Growth, Says Campaign Adviser
Vice President Kamala Harris plans to support measures to help the digital asset industry grow, according to Brian Nelson, a senior campaign adviser for Harris. Nelson also serves as undersecretary for terrorism and financial intelligence at the U.S. Treasury Department. He said that Harris would support policies aimed at the development of new technologies and the field of cryptocurrencies. He said this in an interview with Bloomberg News on Wednesday at the Democratic National Convention....
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