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9 083
💰 The cryptocurrency exchange Bybit has announced the termination of its operations in France and the restriction of accounts for French users.
⛔️ The decision is related to «recent regulatory changes» by the French regulator AMF and the application of the new MiCA rules.
#ByBit #MiCA
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✈️ Bloomberg Billionaires Index added Pavel Durov to the ranking of the world's richest people.
#Durov
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◻️ The investment arm OKX Ventures and the Aptos Foundation are jointly launching a fund and accelerator to develop the Aptos ecosystem.
🌑 The fund will create an accelerator program to stimulate promising projects on Aptos related to infrastructure, DeFi protocols, real assets, GameFi and other areas.
💵 Aptos Foundation has announced the launch of a yield-bearing stablecoin called Ondo US Dollar Yield (USDY) from Ondo Finance on the Aptos blockchain, which is backed by U.S. Treasury bonds.
#OKX #APT #USDY
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💸 The share of Bitcoin in the market, the so-called «Bitcoin dominance index», exceeded 56%.
📈 Its the highest value in more than three years.
#BTC
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🤫 Tucker Carlson, an American journalist, called Bitcoin an invention of the CIA.
«Someone needs to answer this question. Obviously, the Central Intelligence Agency (CIA) created the first cryptocurrency. We all know that. It's a trap!»— said Carlson during a closed discussion at the Bitcoin 2024 conference. ➡️ At the same time, he called cryptocurrency «the best tool in the world for ensuring financial sovereignty».
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⚡️ Residents of the UAE can now trade cryptocurrencies directly from their bank accounts.
✔️ M2 crypto-exchange has announced that it will allow residents of the United Arab Emirates to buy and sell Bitcoin and Ether directly using their bank accounts.
➡️ Through trading pairs listed on M2 spot markets, users can trade $BTC and $ETH for dirhams and vice versa.
#BTC #ETH
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💵 Leading stablecoin firm Tether Holdings Limited has published an audit report for the Q2 2024.
📊 In the first half of 2024, the company recorded a record net profit of $5.2 billion, and in the second quarter — $1.3 billion in net operating income.
🪙The capitalization of its own stable currency $USDT amounted to almost $115 billion.
📈 Investments in US Treasury bonds amount to $97.6 billion, which ranks the company 18th among global holders of American debt.
#USDT
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💎 Telegram-based blockchain TON now supports 🪙 $USDT transactions directly through the ✈️ Telegram messenger, powered by ✖️ BingX.
#TON #BingX
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🪙 According to preliminary estimates, Circle will be trading at about $5 billion in anticipation of its planned IPO.
In 2022, the issuer of the USDC stablecoin attempted to go public through an unsuccessful SPAC deal, when it was valued at $9 billion.
#USDC
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🇷🇺 The Salvadoran authorities propose using cryptocurrency for trade operations with Russia.
"We are having difficulties with settlements because the official currency in El Salvador is the US dollar. As an alternative, El Salvador proposes using cryptocurrency in trade operations," said a representative of the Russian Embassy.
#BTC
9 083
💵 One of the largest Chinese retailers, JD.com (NASDAQ:JD), has announced plans to launch the first stablecoin ever linked to the Hong Kong dollar.
✔️ Its Hong Kong subsidiary JD Coinlink will be responsible for issuing the asset.
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🇨🇭 FINMA Warns Stablecoins Threaten Swiss Financial Reputation
✔️ In order to strengthen regulatory oversight and reduce financial risks, the Swiss Financial Market Supervisory Authority (FINMA) is introducing new legal regulations for stablecoin issuers.
➡️ FINMA classifies stablecoin issuers as financial intermediaries, emphasizing the increased risks associated with money laundering, terrorist financing, and sanctions evasion related to these digital assets.
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📈 Ethena_labs can be considered one of the projects with the most impressive growth in TVL this year, exceeding $3.6 billion in 4 months since the launch of the mainnet.
➡️ Important stages of Ethena's growth:
🔼 +875% (+2.11 billion US dollars) in 57 days since the launch of $USDe and the $ENA token
🔼+57% (+1.3 billion US dollars) in 54 days after being introduced on Bybit as a collateral asset and spot support with zero commission
© Crypto Chronicles
#USDe #ENA #Bybit
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🔝 DEX activity on major blockchains over the last 30D
🥇 Solana is leading the way with over 510M DEX transactions, outperforming other popular chains
#Solana #DEX
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🪙🪙🪙 50,000,000 $USDC (💵50 049 999) minted at USDC Treasury — Whale Alert
#USDC
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🔗 Wenia, the cryptocurrency division of Bancolombia Group, is implementing Chainlink to increase transparency of its stablecoin pegged to the Colombian peso.
Wenia has been launched with integrated Chainlink Proof of Reserve (PoR) to strengthen its COPW stablecoin. Currently, COPW is available in Colombia, with plans for expansion to other countries and listing of COPW on Web3 platforms.
#Chainlink #COPW
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🔗 Mountain Protocol Launches Yield-Bearing Stablecoin (USDM) on Injective Ecosystem
💵 This integration adds the first revenue-generating stablecoin (USDM) to the Injective ecosystem.
Now, users can use $USDM for a diverse set of dApps built on Injective, while continuing to earn income from treasury bills.
#USDM #INJ
