BingX Crypto & Financial News
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🌐 Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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The Federal Court of Australia has ruled that Finder's Earn product is not a financial instrument, overturning ASIC's appeal. cointelegraph
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Bitzero raises $25 million to expand cryptocurrency mining operations. More details are available at theblock.com.
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Solana Developers plan to increase the network's block limit by 66%, boosting capacity to 100 million computing units. theblock.com
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Hong Kong to Enforce Stablecoin Regulations from August 1. The new law prohibits the promotion or offering of unlicensed stablecoins tied to fiat currencies to retail investors. source
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JPMorgan reports that digital asset inflows have reached $60 billion since January. coindesk
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Dbr Debridge has established a reserve fund dedicated to the redemption of its DBR token, financed entirely through protocol-generated income. More details are available at theblock.com.
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Initial jobless claims in the United States fell to 217,000 last week, from 221,000 in the previous period.
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A dormant Bitcoin wallet last active in 2011 moved 3,962 BTC earlier today, worth approximately $468 million. More details are available here.
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Anchorage Digital Partners with Ethena Labs to Launch Stablecoin
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BingX Crypto & Financial News
Bitmain currently holds approximately $1 billion in ETH.
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BitMine has acquired more than $2 billion worth of ETH, totaling 566,776 Ethereum, as part of its ongoing treasury strategy.
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USA July macro data showed the S&P Composite PMI at 54.6, up from 52.9, while the S&P Manufacturing PMI declined to 49.5 from 52.9. The S&P Services PMI increased to 55.2 from 52.9.
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Franklin Templeton has integrated Benji with VeChain for enterprise payments.
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BingX Crypto & Financial News
Gamesquare Holdings has raised its cryptocurrency order from $100 million to $250 million, unveiling a new NFT strategy focused on Ethereum. investors.gamesquare
NFT gaming company Gamesquare Holdings (GAME) has acquired a rare Cryptopunk, "Cowboy Ape" (No. 5577), from Compound founder Robert Leshner, in a deal valued at $55.15 million.
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Messari reports that in the second quarter, Tron’s market capitalization increased by 17%, and revenue grew by 20.5% quarter-over-quarter to $915.9 million, marking the highest levels in several quarters. Ecosystem expansion was bolstered by partnerships with SRM Entertainment, Privy, Bridge (Stripe), Aeon Pay, and others.
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BingX Crypto & Financial News
The Bitcoin Strategy fund is seeking to raise an additional $500 million via a new series of preferred shares to fund Bitcoin acquisitions. coindesk
Strategy aims to raise $2 billion for Bitcoin purchases, up from an initial target of $500 million.
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The Ton Foundation and Kingsway Capital are seeking to raise $400 million to establish a treasury for Ton.
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BingX Crypto & Financial News
NASDAQ has submitted an application to add staking to the iShares Ethereum Trust, according to an announcement.
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BlackRock’s Ethereum ETF exceeds $10 billion in its first year, marking it as the third such fund to reach this milestone.
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Celestia announces agreement with Polychain Capital to acquire 43.4 million Tia tokens.
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Cyvers Alerts: Woo X potentially compromised in a hack, with estimated losses of approximately $12 million.
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Tether issues $2 billion worth of USDT.
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