Liquidations Top $400 Million as Ethereum (ETH) Nears $4,000, Bears in Disbelief
The cryptocurrency market experienced a substantial revival in the past 24 hours, with Bitcoin (BTC) climbing to approximately $117,000. The leading altcoins performed even better: Ethereum (ETH) surged by 5% daily and is inching towards $4,000, Ripple’s XRP pumped by 12% to $3.36, while Stellar (XLM) reached a two-week...
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Hong Kong’s IVD Medical Adds $19M Ether to Its Treasury
Another Hong Kong company is adding crypto to its treasury, but it wants to do more than passively hold it. IVD Medical Holdings has purchased $19 million (HK$149 million) of ether (ETH), positioning the asset at the center of its real-world asset tokenization strategy. The company is building ivd.xyz,...
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Worldcoin Rival Humanity Protocol Debuts $1.1B Mainnet for Privacy-First Web2 to Web3 Identity
Humanity Protocol, a privacy-first blockchain identity network and high-profile rival to Sam Altman’s Worldcoin, fired up its mainnet, debuting a system that connects familiar Web2 credentials to decentralized Web3 services using zero-knowledge transport layer security (zkTLS). The introduction comes just months after the Hong Kong-based startup raised $20 million...
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Animoca Brands and Standard Chartered Establish Stablecoin Issuer in Hong Kong
Major Web3 investor Animoca Brands has formed a stablecoin joint venture (JV) with the Hong Kong division of multinational bank Standard Chartered (2888). The JV, known as Anchorpoint, also includes Hong Kong Telecom (HKT) and aims to build a business model for the issuance of licensed stablecoins, according to...
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Spanish Bank BBVA Said to Offer Off-Exchange Custody to Binance Customers: FT
Binance, the largest cryptocurrency exchange by volume traded, enlisted Spain’s third-largest bank, BBVA, to provide custody services as it looks to improve protection for customers by isolating their assets from any disruption that might occur to the trading platform, the Financial Times reported. The custody arrangement separates trading activities...
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Pump.fun Creates Liquidity Arm to Back Memecoins Amid Revenue Slump
Solana memecoin launchpad Pump.fun has created the Glass Full Foundation, an initiative aimed at providing liquidity to selected projects in its ecosystem as platform revenues slide from early-year highs. The group said GFF will “inject significant liquidity into ecosystem tokens to support our most diehard cults,” without disclosing the...
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Pharos Network Teams Up With Morpho, Launching Native RWA Lending Infrastructure
The alliance of two relatively recent entrants into the crypto space enables them to tap into the steadily developing real-world asset market. A Vision Of Growth In a press release shared with CryptoPotato, Pharos Network, a Layer-1 (L1) blockchain focused on real-world asset finance (RWAfi), has joined forces with Morpho,...
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Cardano Plots Aggressive Expansion Through Global Events Blitz
The Cardano Foundation, together with EMURGO, Rare Network, and Intersect, has unveiled a bold Unified Global Events Marketing Strategy aimed at significantly expanding its ecosystem through coordinated, high-impact event participation. The initiative is currently undergoing governance review, buoyed by escalating community involvement and the ongoing treasury funding vote. Cardano...
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IT’S HAPPENING IN NOVEMBER You Need To Get Ready For This RIGHT NOW Crypto Is About To SURGE
Is this the moment everyone has waited for ? Are we about to see the parabolic price rise of a number of altcoins? Ethereum looks like its set up to keep rising and a number of cryptocurrency projects might be the main beneficiaries. ————————————————————— PROTECT YOUR CRYPTO WEALTH With...
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[LIVE] Latest Crypto News, August 8 – Rally as Trump Approves 401(k) Crypto Investments, ETH Breaks $3,900: Next Crypto To Explode?
In the end, Trump finally said something that made the market surge. The rally came after U.S. President Donald Trump signed an executive order allowing 401(k) retirement funds to invest in digital assets — a move that could unlock up to $9 trillion in long-term capital for the crypto...
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