Global

In a recent letter to SEC Chair Gary Gensler, Republican lawmakers Tom Emmer and Patrick McHenry have raised significant concerns regarding the classification of cryptocurrency airdrops as securities.

The financial markets experienced notable volatility on Wednesday as traders across Asia and beyond responded to mixed signals from the U.S. Federal Reserve and ongoing geopolitical developments.

The stablecoin market continues to be significantly influenced by Tether’s USDT, which maintains its position as the leading dollar-backed stablecoin, commanding the majority of the $172 billion market.

In a significant development for both the cryptocurrency and political landscapes, Wintermute has unveiled the OutcomeMarket, a prediction market centered around the 2024 US presidential election.

In the past 24 hours, Bitcoin (BTC) has experienced a notable surge of approximately 5%, pushing its price to retest the significant $61,000 mark.

At the recent Token2049 conference in Singapore, BitGo, a prominent crypto custody firm, unveiled plans to launch a dollar-backed stablecoin, USDS, in 2025.

At Bitget's sixth-anniversary event held in Singapore, CEO Gracy Chen shared exciting news about the platform's remarkable growth. The company’s global user base has now surpassed 45 million, marking a staggering 400% increase since 2023.

The popular Telegram-based crypto game, Hamster Kombat, is set to kick off an exciting and much-anticipated event. With over 300 million players worldwide, this tap-to-earn game is preparing to release its first season of rewards on September 20, 2024.

The customer support team at Binance has confirmed the upcoming release of "Moonbix," an exciting new play-to-earn (P2E) game set to be available on Telegram’s Mini App.

A recent report from blockchain analytics firm Chainalysis reveals that Hong Kong has emerged as a leader in cryptocurrency adoption within Eastern Asia, achieving an impressive 85.6% year-over-year growth.

Ethereum (ETH) has recently experienced a significant downturn in its derivative market, which may suggest a notable shift in market sentiment.

Vana, a web3 startup focused on creating a network of user-owned data pools, has announced that it has raised an additional $5 million, bringing its total funding to $25 million.