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Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East

Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s…

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Crypto.com Becomes Global Cryptocurrency Partner of UEFA Champions League in Multi-Year Deal

Crypto.com and UEFA have announced a multi-year partnership, making Crypto.com the first and exclusive global cryptocurrency platform partner of the UEFA Champions League. This collaboration aims to enhance fan engagement…

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Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade

Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure,…

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Automobili Lamborghini Partners With NFT Gaming Giant Animoca Brands

Automobili Lamborghini and Animoca Brands, known for non-fungible tokens (NFTs), Web3 gaming, and the metaverse, have announced a collaboration to enhance brand engagement in the automotive industry. This partnership aims…

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Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy

The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank…

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Mutiny to Cease Operations Amid Technical Challenges in Bitcoin Lightning Wallet Development

Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is…

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Metaplanet Announces $70 Million Stock Rights Offering to Further Boost Bitcoin Investments

Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this…

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Vitalik Buterin Sees ‘Light at the End of the Tunnel’ for Ethereum Block-Building Research

Ethereum co-founder Vitalik Buterin recently shared an update on social media, summarizing the latest research on Ethereum block-building as of August 7, 2024. Buterin highlighted a consensus among researchers that…

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Capula Management Invests $464 Million in Bitcoin ETFs, Signaling Institutional Interest

Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing…

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