Trading
Tokenization
Worldcoin claims to verify one Argentinian every 9 seconds; WLD dumps 9%
Worldcoin's WLD token has tanked by more than 50% since its launch.
Stablecoins
Binance points users towards FDUSD as it ‘gradually’ phases BUSD out
Binance said support for BUSD would end by February next year.
Tokenization
Elon Musk squashes speculation of an X crypto token
Social media platform X has scored several payment-related licenses recently.
Politics
GOP candidate Ramaswamy vows to keep crypto innovation stateside following Grayscale victory
Ramaswamy slammed regulators, like the SEC, describing them as a shadow government.
ETF
Bitcoin ETF approval odds increase to 75% following Grayscale’s court victory: Bloomberg analysts
The analysts said the SEC might delay the Bitcoin ETF applications before it as it considers it next steps.
Politics
Pro-Bitcoin U.S. presidential candidate Francis Suarez suspends campaign
The Miami mayor was one of the three Republican candidates known for his support of the emerging crypto industry.
Tokenization
Kenya clamps down on Worldcoin over national security and tax evasion concerns
Kenya's Attorney General said Worldcoin is not a registered business in the country.
AI
ChatGPT drives OpenAI toward $1B revenue goal after losing $540M in 2022
ChatGPT gained wide adoption and usage across the globe, reaching 100 million monthly active users in record time.
Tokenization
EOS rallies 9% following landmark regulatory approval in Japan
The EOS token reacted positively to the news of the approval, rising by 9%.
Analysis
Grayscale victory against SEC sparks $90M in market liquidations, slims GBTC discount
Grayscale's Bitcoin Trust discount narrows to under 20% following the firm's victory.
Analysis
Digital asset investment products see massive $168M in outflows
Despite the current negative sentiment, investors continued to reduce their short Bitcoin positions.
Mining
Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss
Canaan revealed that its mining revenue for the second quarter grew to a historic high of $15.9 million.
