Crypto adoption in Argentina soars amid 276% inflation spike

Argentina has emerged as the top market by numbers of visitors on Binance, one of the worlds largest crypto exchanges.

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Biden vetoes House and Senate votes on SECs anti-crypto resolution: Law Decoded

United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121.

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Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks

The change in regulatory stance marks the end of a ban on crypto use in the country in place since 2014.

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Crypto Biz: Jump Crypto exec steps down, first MiCA deadline looms, and more

This weeks Crypto Biz explores the departure of Jump Cryptos CEO, Animoca Brands return to public markets, the corporate dispute between Riot and Bitfarms, and other news.

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Leading Colombian bank launches crypto exchange and peso stablecoin

The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research.

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World Assets Ltd. Extends Loan Agreements with Trading Firms, Keeping 10M WLD Tokens in Circulation

World Assets Ltd. extends loan agreements with trading firms, maintaining 10M WLD in circulation until June 2025. (Read More)

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Binance calls on small and medium projects to combat low float, high FDV trend

Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem.

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Ripple (XRP): Latin America Shifts Towards Crypto Amidst Cash Ditch

Latin America embraces digital payments, with a notable shift towards cryptocurrency due to post-COVID comfort with online experiences and unsettling inflationary issues. (Read More)

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Brazil leads LATAM crypto trading with $6B volume in 2024

Brazil recorded a 30% increase in crypto trading volume in the first months of 2024, outpacing USD weekly trading volume since mid-January.

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Bitcoin and Stocks Plunge as 90-Day Tariff Pause is Revealed as Fake News: BTC Whales Continue Accumulating

Bitcoin, along with other stocks, experienced a significant decline following the announcement of a 90-day tariff pause, which many are calling “fake news.” Despite the uncertainty in the market, BTC whales continue to accumulate more cryptocurrency. The overall sentiment in the markets has been turbulent, with investors reacting to the news of a temporary halt [...]

The post Bitcoin and Stocks Plunge as 90-Day Tariff Pause is Revealed as Fake News: BTC Whales Continue Accumulating appeared first on Crypto Breaking News.

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Worldcoin Announces Circulating Supply Update and Sales to Trading Firms

Worldcoin Foundation's subsidiary, World Assets Ltd., plans to sell WLD tokens to meet the demand for orb-verified World IDs and support the growth of the Worldcoin network. The sales will be conducted through private placements with trading firms outside the US, with measures in place to prevent resales to US individuals. This update will result in an increase in the circulating supply of WLD tokens. (Read More)

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The Pros and Cons of Speculating in DeFi

Speculation in the world of decentralized finance (DeFi) can be a risky game. While it offers the potential for high returns, it also comes with significant risks. The allure of quick profits draws many investors to DeFi platforms, where they can participate in various activities such as yield farming, liquidity provisioning, and trading new tokens. [...]

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Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion

This week’s Crypto Biz looks at the story behind Binance’s debanking in Australia, Bitcoin miners preparing for the next halving, and Bitfinex’s expansion in Latin America.

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Escalating Sophistication of North Korean Crypto Attacks and Actors: Paradigm

In recent years, there has been a noticeable uptick in the level of sophistication seen in North Korean cyberattacks targeting cryptocurrency. These malicious actors have been evolving their tactics, posing a significant threat to the digital asset ecosystem. The paradigm shift in North Korean cyber operations has caught the attention of security experts worldwide. By [...]

The post Escalating Sophistication of North Korean Crypto Attacks and Actors: Paradigm appeared first on Crypto Breaking News.

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Latin America’s Largest E-Commerce Platform To Enable Bitcoin Trading In Chile

MercadoLibre has enabled bitcoin and cryptocurrency trading on its Mercado Pago wallet for Chilean users.

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Bitfinex Strives For Financial Inclusion With Its New P2P Feature In Latin America

Bitfinex has rolled out a peer-to-peer exchange servicing clients focusing on Argentina, Venezuela, and Colombia. The launch is aimed at boosting financial freedom and inclusion, the firm said in a statement. “By offering a reliable and efficient platform for P2P token trading, we are empowering our customers to engage with the marketplace in a way […]

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Sui Foundation denies it sold locked staking rewards on Binance

Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance . The Foundation knocked back the claim in a five-part Twitter thread on June 27, stating that none of the locked or non-circulating tokens, including [...]

The post Sui Foundation denies it sold locked staking rewards on Binance appeared first on Crypto Breaking News.

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Paxos and MercadoLibre partner up to bring USDP to Mexico

The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users.

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Monaco, NFTs, And Formula 1: Reasons Polygon Is Bullish

Platinium Group, the premier ticket provider for Grand Prix events, has joined forces with an NFT marketplace, Elemint; and a web3 company, Bary, to release a new NFT ticketing system on Polygon that debuted this weekend at the Formula 1 event in Monaco. Tickets for the Monaco Grand Prix, which is ongoing and started on [...]

The post Monaco, NFTs, And Formula 1: Reasons Polygon Is Bullish appeared first on Crypto Breaking News.

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Bitfinex launches P2P platform in Venezuela, Argentina and Colombia

Bitfinex P2P will support buying and selling of Bitcoin, Ethereum and Tether tokens USDt and EURt. The company is looking to bolster financial freedom and inclusion across Latin America. Bitfinex completed an investment in Chile-based crypto bank OrionX in May. Bitfinex, one of the leading digital asset trading platforms, is making further inroads in Latin […]

The post Bitfinex launches P2P platform in Venezuela, Argentina and Colombia appeared first on CoinJournal.

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