CryptoWeekly

Earlier this week, President Bola Tinubu engaged in a significant phone conversation with the U.S. President Joe Biden, covering a range of important topics. One of the key issues discussed was the release of Tigran Gambaryan, who holds the position of Head of Finance Crime Compliance at Binance, a major cryptocurrency exchange. Read the full story on the CryptoWeekly website using our link below. #cryptocurrency #binance #crypto #unitedstates #nigeria

Gemini, the cryptocurrency exchange established by Tyler and Cameron Winklevoss, has obtained preliminary approval for its Major Payment Institution (MPI) license application in Singapore as part of its expansion efforts in Asia. Read the full story on the CryptoWeekly website using our link below. #cryptocurrency #crypto #asia #exchange #singapore

AggrNews monitoring recently caught the X account of AI chatbot project Truth Terminal founder Andy Ayrey being hacked. The hacked account posted a message claiming the founder of Truth Terminal planned to launch a new cryptocurrency token named IB. This post included an image indicating that the token had completed its development phase on the pump.fun platform, though it was later removed. Read the full story on the CryptoWeekly website using our link below. #crypto #cryptocurrency #hack #bitcoin #meme #coin

Through BitcoinOS, Cardano (ADA) will soon facilitate the signing of Bitcoin (BTC) transactions while allowing users to utilize its currency, ADA, for transaction fees. This innovation represents a significant advancement that has not been accomplished previously. Read the full story on the CryptoWeekly website using our link below. #cryptocurrency #crypto #bitcoin #btc #cardano

CryptoWeekly is proud to announce the latest fundraising deals in #Web3! BulbaSwap raised $1.30M in Seed Funding with assistance by Foresight Ventures. BulbaSwap is a decentralized exchange that enables secure token swaps and liquidity provision. Moonwalk Fitness obtained $3.40M in Seed Funding with help by Hack VC. Moonwalk is a fitness accountability app that combines daily step goals with financial incentives. Users can join or create a crew, set a daily step target, and stake their crypto using USDC, SOL, or BONK. Skyfire secured $1M in Strategic Funding with help by Coinbase Ventures. Skyfire is a financial stack designed for the AI economy, offering an instant, global payment system for AI Agents, LLMs, data platforms, service providers, and other goods and services. Hana Network acquired $4M in Undisclosed Funding with support by Dewhales Capital. Hana Network is a PoS blockchain on Cosmos SDK and Tendermint, designed for Ethereum, Bitcoin, and other L1 and L2s. STOKR raised $7.98M in Undisclosed Funding with help by Fulgur Ventures. STOKR is a digital marketplace for alternative investments, allowing users to invest in a wide range of assets such as BTC mining, real estate, and music royalties. Party Icons secured $9M in Seed Funding with assistance by BITKRAFT Ventures. Party Icons is a Web3 mobile gaming platform that combines social party games with the excitement of extraction shooters. It offers three unique game modes designed for quick and engaging play sessions under 12 minutes, catering to modern gaming habits. Craftt obtained $2M in Seed Funding with help by Superscrypt. Craftt is a decentralized infrastructure platform designed to support the modern workforce with universal benefits, payments, and identity solutions. It aims to create a seamless and fair work environment, enhancing financial confidence for gig workers, freelancers, and digital nomads. Variational raised $10.30M in Seed Funding with support by Bain Capital Crypto. Variational is a P2P trading protocol for perpetuals and generalized derivatives. It automates the end-to-end process of trading and clearing for safe bilateral trading of options, futures, perpetuals, and more. Validation Cloud secured $10M in Undisclosed Funding with assistance by True Global Ventures. Validation Cloud has a Node API which is designed for enterprises and developers needing a robust Web3 solution. It provides an extensive range of API endpoints organized by crypto network for easy integration. Azura acquired $6.90M in Seed Funding with help by Initialized Capital. Azura is a full-stack decentralized platform offering a non-custodial trading app for DeFi assets. It provides real-time market data, multi-chain interoperability, and secure execution of trades. Congratulations to everyone! Looking forward to the next round. #crypto #investment #fundraising #capital

Both Ethereum (ETH) and Toncoin (TON) have attracted a significant amount of investors, but a recent analysis by CryptoQuant indicates that TON might actually exceed ETH in holder numbers. This assertion is grounded in the impressive growth rate that TON has experienced over recent months, averaging 500,000 new followers daily for the last four weeks. If this trend continues, TON is projected to surpass Ethereum by late December. Read the full story on the CryptoWeekly website using our link below. #cryptocurrency #crypto #ethereum #telegram #crypto

A Donald Trump presidency could be detrimental for meme coins, which thrive as a protest against perceived injustices, according to finance professor Omid Malekan from Columbia Business School. He argues that meme coins embody economic populism, reacting against the inequities of venture capital-backed tokens. Professor Malekan warns that increased regulatory clarity in the U.S. might shift focus toward decentralized applications, leading to a prolonged downturn where many investors face substantial losses. Read the full story on the CryptoWeekly website using our link below. #crypto #cryptocurrency #donaldtrump #unitedstates #meme #coin

Bitcoin (BTC) experienced significant price fluctuations on Friday night, plunging $3,000 within minutes before partially recovering to $67,000. Altcoins faced even greater challenges, contributing to a total decline in the crypto market cap of about $70 billion overnight, according to CoinGecko. The impact on altcoins was even more pronounced, as ETH, BNB, TRX, XRP, BCH, and ADA saw declines of 1% to 3.5% on the last day. Others, like SOL, DOGE, TON, AVAX, LINK, and SHIB, faced steeper losses, with the second-largest meme coin dropping as much as 5.3%. Read the full story on the CryptoWeekly website using our link below. #cryptocurrency #crypto #bitcoin #btc #market

The Wall Street Journal (WSJ) reports that the U.S. Department of Justice and the U.S. Department of the Treasury have initiated an investigation into Tether.io, the company behind the largest stablecoin, USDT. In response, Tether CEO Paolo A. dismissed the allegations as outdated, claiming that Tether is not currently under investigation and that The Wall Street Journal is spreading misinformation. He stated that there is currently no indication of any direct action against Tether. Read the full story on the CryptoWeekly website using our link below. #crypto #cryptocurrency #stablecoin #law

TON Memelandia is excited to announce the launch of its highly anticipated Memecoin Battles event, offering traders, token creators, and memecoin communities the chance to compete for a share of a massive $1,250,000 prize pool. Kicking off the week of October 28th, 2024, this inaugural season will feature two thrilling competitions: Cabal Arena and Memecoin Mountain, each designed to engage participants in the dynamic memecoin market. Read the full story on the CryptoWeekly website using our link below. #crypto #cryptocurrency #meme #coin #telegram