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🏦 Tencent Leads $15 Million Funding Round for Chainbase

Tencent has completed a $15 million Series A funding round for Chainbase, an omnichain data network aimed at pioneering on-chain intelligence. 📊

🌐 Hong Kong Lists Standard Chartered and Animoca Brands as Stablecoin Sandbox Participants

💱 Hong Kong’s financial regulator has included Standard Chartered and Animoca Brands among its stablecoin issuer sandbox participants, aiming to foster stablecoin development in the region.

#Hong_Kong

🌐 Worldcoin Faces Pushback, Changes Data Collection in Chile

🔄 Worldcoin faces pushback and has changed the way it collects data in Chile. This adjustment comes amid concerns over privacy and data security.

#chile #bitcoin

🔼Bitcoin mining difficulty increased by 3.2%

On July 18, 2024, the Bitcoin mining difficulty was recalculated (https://incrypted.com/slozhnost-bytkoyn-majnynga-vyrosla-na-3-2/). The difficulty increased by 3.21%.

At the time of writing, the difficulty of mining the first cryptocurrency is 82.05 T, with an average hash rate of 599.92 EH/s.

📈 Ripple's XRP Price Declines Despite Market Gains

📊 Ripple's XRP price has declined, triggered by massive Bitcoin selloffs and the SEC reiterating about the $2 billion penalty demand from Ripple.

🌐 El Salvador Continues Daily Bitcoin Purchases

💰 El Salvador's crypto wallet continues daily Bitcoin purchases, according to BitInfoCharts data. This move is part of the country's ongoing strategy to incorporate Bitcoin into its economy.

#El_Salvador #bitcoin #nostr

🔄 Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

📉 The collapsed exchange Mt. Gox has started debt repayments to creditors via select crypto exchanges, following the rehabilitation plan. 📉

📉 Bitcoin ATM Network Shrinks by 334 Machines in 40 Days

⚠️ The global Bitcoin ATM network has shrunk by 334 machines over the last 40 days, with the most significant reductions seen in the US and Europe. 🏧

🔗 Polygon plans to migrate from the MATIC token to the new POL token on September 4th

After the update, POL will replace MATIC as the primary token for gas fees and staking. For MATIC holders, the migration process will occur automatically, requiring no action.

Reminder: The migration plan was announced in 2023.

🖥 The German government issued an official press release regarding the sale of confiscated BTC, indicating that they sold to protect the coins from potential devaluation.

"Such asset sales are required by law in cases where there is a threat of significant loss of value, amounting to around ten percent or more."

Credit where it's due: the sale was conducted over-the-counter, thus minimizing price pressure.

Lybra Finance Launches Version 2 Test Network on Arbitrum

🌐 Lybra Finance запустила тестову мережу версії 2 на Arbitrum, що відкриває нові можливості для DeFi додатків на цій платформі. 🚀

Bitcoin Exchange Reserves Drop to Multi-Year Lows

📉 Bitcoin exchange reserves have fallen to multi-year lows, indicating a significant shift in market dynamics as more investors move their holdings off exchanges. 📊

XRP Surges After Ripple Wins Partial Victory in SEC Lawsuit

🌐 Ripple досяг часткової перемоги в судовій справі з SEC, що призвело до різкого зростання вартості XRP. Це рішення може мати значний вплив на всю криптоіндустрію. 📈

#crypto #nostr

I see #Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as #gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions. —#Hal Finney

Beautiful 😻 morning 🌅 to the world. 🌍

💸 U.S. spot Bitcoin ETFs attracted over $422 million during yesterday's trading session — the positive trend has continued for eight consecutive days.

Meanwhile, Glassnode reported a complete exhaustion of BTC sellers.

‼️ Scam exchange FTX, as part of a settlement with the CFTC, will pay creditors $12.7 billion

The proposed FTX reorganization plan will ensure a 118% return for 98% of creditors (whose claims do not exceed $50,000).

#nostr #crypto

‼️ Scam exchange FTX, as part of a settlement with the CFTC, will pay creditors $12.7 billion

The proposed FTX reorganization plan will ensure a 118% return for 98% of creditors (whose claims do not exceed $50,000).

#nostr #crypto

🚀 Paradigm Invests $20 Million in Ellipsis Labs

💰 Paradigm has led a $20 million Series A funding round for Ellipsis Labs, the developer of Solana-Based DEX Phoenix.

#crypto