audience statistics Crypto News by Satoshi Club

Since the beginning of the war, more than 2000 civilians have been killed by Russian missiles, according to official data. Help us protect Ukrainians from missiles - provide max military assisstance to Ukraine #Ukraine. #StandWithUkraine

🇺🇸Donald Trump made a notable gesture towards the crypto community by paying for burgers with Bitcoin during a visit to PubKey, a Bitcoin-themed bar near New York University While initially greeted by some boos upon arrival, Trump was met with strong applause from Bitcoin enthusiasts and his supporters inside the bar.

🚀Revolut is set to launch its own cryptocurrency stablecoin, marking its entry into the growing stablecoin market The new stablecoin aims to provide stability and ease for Revolut users by being tied to the value of traditional currencies. The stablecoin market has long been a key aspect of the crypto market reaching a market cap of more than $170 billion. That success and the relative safety of the asset have led to an influx of traditional finance firms entering the market.

🇧🇷🇲🇽Circle’s $USDC has expanded it's access in Brazil and Mexico through their local real-time payment systems This move enables businesses and consumers to convert local currencies (Brazilian Reais and Mexican Pesos) into USDC, eliminating the need for international wire transfers and reducing costs.

🟡Binance Founder CZ Scheduled for Release on September 29 according to Federal Bureau of Prisons website Binance founder Changpeng Zhao (CZ) is set to be released on September 29, 2024, after serving a four-month sentence following a plea deal with the U.S. Department of Justice. Initially facing a 36-month sentence, CZ's term was significantly reduced.

🏴󠁧󠁢󠁥󠁮󠁧󠁿The England High Court has ruled that the Tether USDT stablecoin qualifies as “property” This ruling clarifies the legal status of USDT under UK law, affirming that it can be treated similarly to other forms of property. This decision could have significant implications for the use of stablecoins in transactions and legal cases involving digital assets, further solidifying their role in financial markets.

🇮🇳India has once again topped the global crypto adoption rankings Despite regulatory challenges, the country remains a leader in both centralized and decentralized crypto usage. The score was calculated trough DeFi activity and cryptocurrency exchange trade volume per user and India secured the highest rank. This marks the second consecutive year India has held the top spot, demonstrating the country's significant role in global crypto markets.

🇬🇧The UK has introduced a new bill that officially defines cryptocurrency as personal property This clarification provides legal recognition for digital assets and sets a foundation for handling disputes and issues related to ownership, theft, and fraud involving cryptocurrencies.

🚫FriendTech has transferred control of its smart contract to the Ethereum null address, effectively halting any future updates to the platform This action led to a 70% drop in price to their native token $FRIEND. This irreversible move freezes the platform's functionality, ensuring complete decentralization by eliminating centralized control. While seen as a step toward true decentralization, this decision may prevent the platform from addressing future bugs or introducing new features, potentially leaving it stagnant and unable to evolve with user needs and emerging technologies.

📉U.S. based spot Bitcoin ETFs hit their lowest value since May 1, dropping below $50 billion after $170 million in outflows Major players like Grayscale and Fidelity saw significant outflows, contributing to the ongoing decline. Similarly, spot Ethereum ETFs have reached their lowest recorded value, with a 41% drop from their initial total asset value. The outflows continue amid a bearish week for crypto prices, with both Bitcoin and Ethereum funds experiencing multiple consecutive days of net-negative activity.

🇸🇻El Salvador is celebrating the third anniversary of adopting Bitcoin as legal tender, with the country's Bitcoin holdings now showing a profit of over $31 million Despite early criticism and challenges, President Nayib Bukele's decision to adopt Bitcoin has been viewed as a pioneering move in financial innovation. El Salvador has accumulated 5,865 BTC at an average purchase price of $43,877 per Bitcoin, benefiting from the cryptocurrency’s recent price rise.

💰A rare CryptoPunk NFT from the Ape Punk collection sold for approximately $1.5 million (620 ETH), despite a downturn in the broader NFT market. The NFT, CryptoPunk 6915, was purchased by an anonymous buyer, marking a 59,390% increase in value since it was acquired for just 3.5 ETH in 2017. While this sale brought optimism to the NFT space, the market is still struggling with reduced sales and buyer interest.

🔴🟠 Mastercard will launch a new crypto Euro debit card in Europe, allowing users to spend cryptocurrencies directly from their self-custodial wallets at over 100 million merchants This initiative aims to bridge the gap between traditional finance and cryptocurrency, offering an easy and secure way to use digital assets for everyday transactions. The card has associated fees, including a setup fee and monthly maintenance cost. There’s a 1.60 euro fee to get the card. It also costs 1 euro per month to keep and Mercuryo charges 0.95% when you use it.

📈Bitcoin whale wallets holding 100 or more BTC have reached a 17-month high, with 283 new wallets crossing this threshold in August This increase comes as smaller traders sell off their holdings, possibly due to recent price drops and fear in the market. The total accumulation by wallets holding between 10 and 10,000 BTC has reached over 133,000 Bitcoin, valued at more than $7.6 billion.

🚫 Vitalik Buterin stated that he has not sold any cryptocurrency for personal profit since 2018 Instead, all of his profits have been used to support many other projects within the Ethereum ecosystem or for broader charitable causes, such as biomedical research and development.

📈Interactive content on Telegram is gaining popularity, as Telegram is approaching 1 billion monthly active users This trend includes games, quizzes, and community engagement tools that leverage Web3 features like NFTs and tokens, enhancing user interaction and creating new revenue streams. Developers and marketers are increasingly using Telegram’s flexibility to build Web3-friendly experiences that attract crypto enthusiasts.

🇺🇸OpenSea Gets 'Wells Notice' From SEC, Which Calls NFTs Sold on Platform 'Securities' OpenSea's CEO, Devin Finzer, expressed shock at the SEC's stance and vowed to fight the notice, pledging $5 million for legal fees for NFT creators. This move marks a significant development in regulatory scrutiny of NFTs, following previous SEC actions against other NFT projects and companies.

🇺🇸Donald Trump has launched his fourth NFT collection, featuring images of himself in various roles, including a superhero and motorcyclist Each NFT is priced at $99. Buyers of 15 NFTs can receive a physical card with a piece of his debate suit, while those purchasing 75 NFTs will be invited to a dinner with Trump in Florida. The collection continues his engagement with the crypto community, aligning with his political platform that includes support for Bitcoin mining and opposition to a central bank digital currency.

📈The stablecoin market has reached a new all-time high in terms of market capitalization This increase in market cap is driven by various factors, including heightened interest in decentralized finance applications, the use of stablecoins for trading and payments, and their role as a hedge against the volatility of other cryptocurrencies. Stablecoins, which are digital assets pegged to traditional currencies like the US dollar, offer a stable store of value that can be easily transferred across different platforms and countries. The rise in their market cap indicates a broadening acceptance of stablecoins as a reliable medium of exchange and a tool for managing risk in volatile markets.

☀️Justin Sun's USDD stablecoin is no longer supported by Bitcoin USDD, originally designed as an algorithmic stablecoin, initially included Bitcoin in its reserve assets to help maintain its stability and peg to the US dollar. However, recent developments indicate that Bitcoin has been removed from the assets backing USDD. This change may reflect a strategic shift by Justin Sun and the team behind USDD, possibly due to evolving market conditions or regulatory considerations. The removal of Bitcoin from the reserve raises questions about how USDD will maintain its stability and what alternative assets will be used to support its value.

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🚨$BRN Goes Live on Tier 1 Exchange BRN Metaverse can transform the way people interact with technology and each other. It seeks to achieve this by connecting the metaverse with the real world🚀 By utilizing state-of-the-art technology and a token-based ecosystem, BRN Metaverse is working towards integrating AI, Game, Blockchain and Web 3.0. 🤖At the heart of our ecosystem lies the $BRN token. It powers Items trading, betting within the Endless Ranger Awakening game, and more. With a total supply of 28M and almost 25M tokens in circulation, there are no large whale investors. On top of that, the team doesn’t hold any tokens at all. Besides that, BRN Metaverse will open the beta of their GameFi games in 1 week. You can enter the game, perform simple tasks and receive high Airdrops. For more information, check out the project’s socials👇 Game | Twitter | Linktree | BRNTAP P.S: Their token is listed on Mexc, Gateio, XT, and Bitmart exchanges. It will also be listed on a new Tier-1 exchange within 9 days.

💰Bitcoin mining company Bitfarms has announced its plan to acquire Stronghold Digital Mining in a deal valued at $175 million The acquisition will be financed through a combination of equity and debt, reflecting Bitfarms' strategic expansion efforts in the cryptocurrency mining industry. This move is expected to significantly enhance Bitfarms' mining capacity and operational efficiency by integrating Stronghold Digital's assets and infrastructure. The deal comes at a time when the competition in the Bitcoin mining sector is intensifying, with companies looking to scale up and optimize their operations to remain competitive.

🍟McDonalds official Instagram account appears to have been hacked to promote a #Solana based token named $GRIMACE. The breach resulted in posts that were seemingly unauthorized, encouraging followers to engage with the token.

🇸🇻El Salvador Launches Bitcoin certifications for civil servants 🧍🏻El Salvador launched a certification program aimed at upskilling 80,000 civil servant. 📚Led by the National Bitcoin Office, this 160-hour virtual training covers essential topics like strategic management and public policy, all centered on Bitcoin. 👉To find out more interesting facts about this, watch this short video.

🏆60% of the largest U.S. Hedge Funds have disclosed Bitcoin ETF holdings 15 of the top 25 Hedge Funds own Bitcoin ETFs and also 13 of the top 25 investement advisors. Most of them increased their allocations recently in Q2 2024. The number of RIAs (Registered investment adviser) with a Bitcoin allocation grew by 18% and the number of hedge funds with Bitcoin allocations grew by 46% in Q2.

🔐Charles Hoskinson, the founder of Cardano, has put up $1 million to test the security of Cardano's wallets This challenge aims to enhance the security of the platform by encouraging community members to identify vulnerabilities. Cardano's Web3 wallet, Lace, has introduced a new security feature with its Paper Wallet option. This feature simplifies wallet protection by allowing users with existing PGP keys to restore their wallet using a single encrypted QR code. To celebrate this update, Lace has launched the Lace Paper Wallet Bug Bounty Program, inviting the community to test and improve the wallet’s security. The program will remain open until the end of 2024 or until the wallet is successfully hacked.

🇦🇪Dubai approved the use of cryptocurrency for salary payments This move is part of Dubai's broader strategy to become a global hub for blockchain and cryptocurrency innovation. The city is home to a growing crypto ecosystem, supported by initiatives like the Dubai Blockchain Strategy and the DMCC Crypto Centre, making it an attractive destination for crypto businesses and professionals.

🏆Uniswap Labs has announced a $2.35 million auditing competition, marking the largest in DeFi history The competition is aimed at ensuring the security and robustness of its upcoming decentralized finance products. Participants will audit the code, with the prize pool awarded based on the significance of the vulnerabilities they uncover.

📱Circle teamed up with Apple to integrate tap-and-go USDC payments on IPhones Apple has opened up its NFC technology, enabling USDC to be used for tap-and-go payments via Apple devices. This integration allows users to make quick, contactless payments using the USDC stablecoin directly from their Apple devices. The move is part of a broader effort to incorporate cryptocurrencies into mainstream payment systems, making digital currencies more accessible for everyday transactions.

💳MetaMask has launched a pilot program for a self-custody debit card in partnership with Mastercard This new offering allows users to spend their crypto assets directly from their MetaMask wallets. The initiative aims to bridge the gap between decentralized finance and traditional financial systems, making it easier for users to utilize their crypto holdings in everyday transactions.