New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange coindesk.com + 1 more 21 August 2024 20:01, UTC NEW YORK — Richard Teng ascended to the top of cryptocurrency behemoth Binance last year via less-than-ideal circumstances as his predecessor, Changpeng “CZ” Zhao, was forced to quit the…
Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin coindesk.com 21 August 2024 19:35, UTC Mercado Pago, the digital bank unit of Latin America’s largest company, Mercado Libre (MELI), said on Wednesday that it is introducing a stablecoin in Brazil tied to the U.S. dollar. The company said Mercado Pago’s users in Brazil…
After 2022’s Bust, Scars Are Healing In Crypto Lending coindesk.com 21 August 2024 19:33, UTC In 2022, the crypto lending market had collapsed after a series of devastating events including the fall of LUNA/UST, the insolvency of Three Arrows Capital, and the FTX bankruptcy. Many key lenders that provided a substantial share of the…
Bitcoin, Ethereum Up Slightly After Fed Minutes Release decrypt.co 21 August 2024 19:10, UTC Bitcoin’s price is up following the Wednesday release of the U.S. Federal Reserve’s minutes from its July meeting, which suggests that an interest rate cut will come in September. Market watchers and investors are widely expecting the move. The price…
Deciding who owns your ‘digital twin’ will make or break the metaverse cointelegraph.com 21 August 2024 19:07, UTC cointelegraph.com
Crypto Whales Pour $12 Million into AAVE Following 40% Price Increase beincrypto.com 21 August 2024 19:00, UTC Crypto whales are back, this time accumulating AAVE, the native token of the decentralized lending platform. This buying spree follows a massive 40% rally over the last seven days. AAVE is currently trading at $137.93, outperforming all…
Dogwifhat Price Analysis: Is Still $10 Feasible After a 40% Monthly Drop? coingape.com 21 August 2024 19:00, UTC Dogwifhat (WIF) price, a Solana-based meme coin, has recently seen a decline, signaling a bearish trend. The price of WIF is dipping amidst market turbulence, with both bulls and bears struggling to establish control. This reflects…
