24/7 Blockchain industry dynamics and breaking crypto news
An ECB survey finds crypto payment acceptance at Eurozone physical points of sale remains below 1%, lagging far behind mobile and cash. Consumer preference and security drive merchant payment choices, with crypto hampered by lack of demand and practical hurdles.
Read MoreThe UAE has accused Iran of attacking two of its state-owned oil tankers in the Strait of Hormuz. While no casualties were reported, the UAE warned the incident threatens regional stability and global energy security, marking another security incident in the critical waterway.
Read MoreBlockchain data reveals a crypto whale purchased 300 BTC worth $19.03 million within 5 hours. The address now holds 1,120 BTC valued at over $70.43 million, with an average entry price around $69,294. This move highlights accumulating behavior among large holders.
Read MoreThe US government has imposed punitive tariffs of up to 100% on imported drones and key components, citing national security. The policy triggered a pre-market rally in drone-related stocks, as investors anticipate a shift favoring domestic manufacturers. Tariffs will be implemented in phases over the coming weeks and months.
Read MoreReddit's stock surged 11.8% in pre-market trading after S&P Dow Jones Indices announced its inclusion in the S&P 500 index. The move comes on the heels of the company's impressive quarterly results, marking its eighth consecutive quarter of over 60% revenue growth and a 183% year-over-year jump in net income.
Read MoreA major stablecoin payment firm has reportedly postponed its U.S. IPO due to legal compliance issues, highlighting regulatory challenges in the crypto payment sector and raising questions about its listing timeline.
Read MoreBinance will stop supporting Sophon token deposits and withdrawals via BNB Smart Chain starting August 21. Users must switch to other supported networks. This article covers the timeline, implications, and user action steps.
Read MoreOn August 14, US Central Command spokesperson Tim Hawkins firmly denied reports alleging senior military officials were pushing for a new strike against Iran. Hawkins labeled the claims as "completely fabricated," aiming to clarify speculation and ease regional tensions.
Read MoreElon Musk endorses a view that memory, not computing power, is the key bottleneck for AI agents. Long-term and contextual memory limitations could hinder practical utility, aligning with surging demand in the memory chip market.
Read MoreJD Cloud's Model-as-a-Service (MaaS) platform has officially integrated Zhipu AI's latest open-source flagship model, GLM-5.3, on August 14. This integration provides developers and enterprises with a cutting-edge AI tool to accelerate application innovation and deployment.
Read MoreBitcoin has fallen below the key $63,000 support level, currently trading around $62,994 with a 24-hour drop exceeding 1.4%. Heightened market volatility underscores the need for investors to prioritize risk management. This article examines the price action and offers practical strategies.
Read MoreMajor South Korean exchange Upbit will delist Jasmy (JASMY), ThunderCore (TT), and STORJ on September 14, 2023. All trading pairs and deposit services for these tokens will be terminated. Users must manage their assets before the deadline.
Read MoreOn August 14th, major Asian stock markets showed positive momentum. Japan's Nikkei 225 edged up 0.59%, while South Korea's KOSPI index posted a strong gain of 2.41%, reflecting shifting investor sentiment and regional economic dynamics.
Read MoreOn August 14, WTI crude oil futures rallied sharply, gaining 1% to trade above $82 per barrel. This move highlights renewed momentum in energy markets, potentially driven by supply-demand dynamics and broader economic factors, signaling a shift in trader sentiment.
Read MoreBinance Alpha is set to distribute KiiChain (KII) tokens via an airdrop. Eligible users can claim rewards using platform points once trading begins. Key details and expected steps are outlined here.
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