Cryptocurrency News

RWA Crypto Sector Acts As Tailwind for Crypto Market; 4 Tokens Show Promising Growth

Ankr Partners with Aspher and Botanix Labs to Create a New Bitcoin L2

The Ankr team announced via X on Thursday that it has partnered with Aspher and Botanix Labs to play a pivotal role in creating the Spiderchain L2.

Injective Introduces AINJ, the Injective Staking Exchange Traded Product

The Injective team announced via X on Thursday the launch of AINJ, the Injective Staking Exchange Traded Product (ETP), launched by 21Shares.

Inflation Rates Keep Dropping, Rate Cuts Expected in September

Inflation numbers have been declining in recent months, with the US Federal Reserve expected to cut interest rates by September and this could lead to a larger inflow of money into the crypto markets.

Italian State-Owned Bank CDP Issues €25 Million Digital Bond on Polygon Blockchain

Cassa Depositi e Prestiti SpA (CDP), an Italian state-owned bank, and Intesa Sanpaolo, Italy's largest banking group, have completed their first digital bond issuance on the Polygon blockchain.

Polygon Sets September 4th for Migration to POL Token from MATIC

The Polygon Labs team announced via X on Thursday that it will be performing the technical upgrade that swaps out its MATIC token for its new POL token starting on Sept. 4.

South Korea’s Virtual Asset User Protection Act Goes Into Effect

South Korea has fully approved the Virtual Asset User Protection Act in a bid to provide more protection to investors in the Web3 space.

BlockFi to Begin Phased Crypto Distribution via Coinbase in July

Bankrupt cryptocurrency lender BlockFi is set to initiate its first temporary distribution of digital assets through Coinbase, starting in July.

Indian Crypto Exchange WazirX Loses $230M in a Hack

Indian crypto exchange WazirX was the victim of a security breach and lost over $230 million, accounting for roughly 45% of its total holdings.

Crypto Exchange Bybit Launches Subaccount, a New Competition Mechanism

Cryptocurrency exchange Bybit has launched Subaccount, a new trading competition mechanism, with the Subaccount Summer Gold Challenge offering a prize pool of $3m.