Expert Reveals True Cause of Market Turmoil: Japanese Policies and Carry Trades
TL;DR Ed Yardeni attributes the market decline to the unwinding of carry trades due to tighter monetary policies in Japan. Geopolitical risk in the Middle East
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Vitalik Buterin Dumps 17.1 Billion Tokens of This Memecoin, Causing Massive Price Drop
TL;DR Vitalik Buterin sold 17.1 billion Neiros, causing a 60% drop in its price. Neiro’s team asked Buterin to donate part of the profits to shelters
Lumerin, Morpheus, and Exabits Team Up to Build Blockchain-Based AI Economy
TL;DR Exabits joins Lumerin and MNW Supply Chain to foster an AI agent economy through decentralized computing resources. The goal is to overcome current challenges in
Morgan Stanley Becomes First Major Wall StreetBank to Offer Bitcoin ETFs to Eligible Clients
TL;DR The firm is authorizing its advisors to offer two bitcoin ETFs starting August 7, marking the first time a major Wall Street bank has taken
Is a Massive Bitcoin Sell-Off Approaching? Peter Schiff Claims MicroStrategy and BlackRock Will Sell Their BTC
TL;DR Peter Schiff predicts that MicroStrategy and BlackRock could be forced to sell their Bitcoin holdings. MicroStrategy holds about 226,500 BTC, while BlackRock’s IBIT ETF holds
Injective Launches Altaris Mainnet Upgrade: Why It Promises to Revolutionize the Platform
TL;DR Injective’s Altaris upgrade has been approved with high participation from $INJ stakers. Upgrade deployment has begun, please refrain from making any transactions until it is
Kujira Token Drops 47% After Massive Liquidation, Team Reports Attack
TL;DR The price of Kujira token (KUJI) has dropped by 42.68% in 24 hours, standing at $0.5451. The Kujira Foundation is facing a liquidation crisis with
$266 Million Lost to Crypto Hacks in July: WazirX Takes the Biggest Hit
TL;DR In July, the cryptocurrency ecosystem suffered losses of nearly $266 million due to 16 hacks, with the WazirX exchange being the most affected. Bharat Web3
Tether’s Record $1.3 Billion Q2 Profit Puts It Among Top Treasury Holders Globally
TL;DR Tether reports record net operating profit of $1.3 billion for Q2 2024, bringing the total to $5.2 billion in the first half of the year.
Aptos Unveils USDY Stablecoin Backed by US Treasurys
TL;DR Ondo Finance introduces USDY, the first Treasury-backed stablecoin on the Aptos blockchain. It offers a 5.3% APY yield and integrates with major DeFi protocols on
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