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🎮 Blockchain gaming hit a new all-time high in August, with 4.2 million daily active wallets interacting with gaming dapps. 🪙 99Bitcoins

NEW: 💰 9,200 #Bitcoin were taken off exchanges today❗️ 🪙 99Bitcoins

Chinese civil servants are to receive their salaries in the digital yuan. The Chinese city of Changshu will begin issuing salaries to local public civil servants exclusively in the digital yuan, according to reports from the Hong Kong-based South China Morning Post. The new salary method is not only for government workers but also for school teachers, medical workers, and government-sponsored journalists. It’s worth noting that China is one of the world’s strictest countries regarding regulating cryptocurrencies, yet it is one of the first to implement a central bank digital currency. (Naturally, the network used for the digital yuan will have zero anonymity and decentralization.) 🪙 99Bitcoins

BREAKING: 💰 MicroStrategy buys an additional 18,300 #Bitcoin for $1.11 billion 🚀 🪙 99Bitcoins

🚨 BREAKING: Sam Bankman-Fried Files Appeal to Overturn Fraud Conviction. The appeal contests convictions that he created an extensive $8 billion fraud scheme targeting customer funds. 🪙 99Bitcoins

What does “gas” mean in crypto? “Gas” is important in the world of crypto. Simply put, gas is the payment needed when making a transaction or interacting with a smart contract on a blockchain — i.e., the network fee you pay. Gas is usually paid in the given blockchain’s native cryptocurrency — e.g., ETH is used for transactions on Ethereum, and BNB is used for the same on BNB Smart Chain). These fees go to miners or validators responsible for keeping networks secure and confirming transactions. Gas fees also prevent spam on the network, keeping the blockchain running smoothly. 🪙 99Bitcoins

🔥 JUST IN: Marathon Digital’s Bitcoin holdings hit an all-time high of 26,200 $BTC They recently added 5,000 $BTC in just a month. Their holdings are now worth $1.5 billion. 🪙 99Bitcoins

In the first half of 2024, stablecoins facilitated transactions totaling $2.6 trillion. 💵 Visa and Castle Island Ventures project that by the end of the year, this volume could soar to $5.28 trillion. Stablecoins are predominantly utilized for cross-border payments, remittances, payroll, and trading, especially in emerging markets like Nigeria and Brazil. 📊 Key Stats: ▪️47% use stablecoins for savings ▪️43% for better currency conversion ▪️39% for earning yields 57% of users have increased their stablecoin use over the past year, and 72% expect this trend to continue. 🌐💸 🪙 99Bitcoins

Crypto speak: Mint In the crypto world, “mint” is the process of creating a new token on a blockchain. Oftentimes, minting refers to creating an NFT or an entire collection (“We minted an NFT collection”), but it’s the same process for issuing cryptocurrencies and other tokens. We use this word because the process is akin to central banks using machines to print (or mint) money. However, it’s understandable if it’s difficult to fathom how something can be digitally “minted.” 🪙 99Bitcoins

⚡️ LATEST: #Mining company Marathon Digital keeps adding #Bitcoin to its holdings and now holds 26,200 $BTC, worth $1.5 billion. 🪙 99Bitcoins

🇮🇳 HOT NEWS: India tops global crypto adoption for the second year. According to a Chainalysis report, Nigeria, Indonesia, and the U.S. follow in 2nd, 3rd, and 4th place respectively. 🪙 99Bitcoins

Are crypto transactions anonymous? Crypto transactions on blockchains are “pseudonymous,” meaning they can be traced to wallet addresses (via public keys) but have no direct connection with people’s identities. Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses — all of this data is impossible to conceal. However, if you use a non-custodial wallet, it will be impossible to identify you as the wallet’s owner (unless you deanonymize yourself). For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID. Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information. 🪙 99Bitcoins

🥷 Unknown hackers have breached the Indonesian exchange Indodax, stealing $18.2 million. The culprits are converting the stolen assets into ETH. The exchange's team has launched an investigation. 🔎 🪙 99Bitcoins

Donald Trump and Kamala Harris made no mention of cryptocurrency during their first-ever debate but focused on other issues: Trump's points: ⚫ Claimed no wars occurred during his term, warning Harris' win could lead to WW3. ⚫ Criticized Harris for not firing underperforming officials, unlike his administration. ⚫ Questioned why Harris hasn’t implemented her plans as Vice President. Harris' points: ⚫ Avoided detailing immigration plans. ⚫ Highlighted Trump's prosecutions for national security, economic, and election-related charges. ⚫ Accused Trump of trying to take the coun 🪙 99Bitcoins

The top 3 non-custodial crypto wallets. Our article “How to use crypto” explains how custodial and non-custodial wallets differ. Today, we’re going to highlight the top 3 non-custodial crypto wallets you can use without the fear of losing your coins. MetaMask: MetaMask is a browser extension and a mobile crypto wallet compatible with Ethereum and many other blockchains. If you’re used to using a PC and the Chrome web browser, MetaMask will be the ideal choice for you. Trust Wallet: Trust Wallet is a crypto wallet for smartphones. It supports a large number of cryptocurrencies and offers convenient services, such as buying and swapping crypto directly in the app. Exodus: Exodus is a browser, desktop, mobile, and hardware crypto wallet that supports over 100 cryptocurrencies. It’s famous for its elegant design and user-friendly interface. When you create a new wallet, remember to write down your seed/recovery phrase on a piece of paper! Remember, losing your seed phrase means losing access to all your assets. 🪙 99Bitcoins

📊 Despite the prolonged downturn, the cryptocurrency market reached a figure of 60 million active monthly addresses in August. 🚀 🪙 99Bitcoins

JUST IN: 🥇 Spot ETF issuer Bitwise graph showing how Bitcoin is the world's best-performing asset. 🪙 99Bitcoins

What are crypto cards? Crypto cards are an ingenious instrument allowing you to pay for goods with crypto anywhere that accepts credit cards: stores, gyms, transportation, and the internet. They work the same way as a traditional credit card issued by banks, but they’re connected to your crypto wallet instead of your bank. This way, you can hold your assets on an exchange—e.g., USDT on Binance—while having the ability to pay for goods and services. What’s more, there are no network fees for these transactions. The downside is, however, that crypto cards are only available in certain countries. If you are located in a country that accepts crypto cards, you can get your hands on one of these popular cards: Coinbase Card, Crypto.com Card, or Binance Card. Always be wary of scammers and never enter your card information on suspicious sites or platforms. 🪙 99Bitcoins

The developers of Web3 social network Friend.Tech transferred control of their smart contracts to Ethereum’s burn address, effectively locking the system and preventing any changes. 🤷 📉 Following this, the token dropped another 26% and is now trading at $0.06 with a market cap of $5.6 million. Despite this change, the Friend.Tech web app remains functional. 👀 Launched on August 10, 2023, on the Base network, the platform allowed users to tokenize profiles but quickly lost 90% of its activity within weeks. In May 2024, the team launched a second version and a troubled airdrop, causing the FRIEND token to crash from $169 to $1.4. 🪙 99Bitcoins

💰 Bitcoin will unite a deeply divided country - and eventually the world 🌎 🪙 99Bitcoins