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Toncoin (TON) DeFi Ecosystem Sees Resurgence in Activity
Toncoin [TON], the blockchain network linked to the popular messaging app Telegram, has witnessed a spike in activity across its Decentralized Finance (DeFi) in the past few weeks. Read more
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Australia to Get Second Spot Bitcoin ETF on ASX
Perth-based crypto fund manager DigitalX said Monday it has received regulatory approval to begin listing its spot Bitcoin exchange-traded fund on the country’s largest stock exchange as early as this week. Read more
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Russia contemplating permanently legalizing stablecoins for cross-border payments
The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies amid ongoing sanctions, Izvestia reported on July 3, citing the Russian central bank. Read more
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Tether’s USDT Now Accepted for Social Security Payments in the Philippines
Tether has introduced a new payment option for the Philippines people, allowing them to pay their social security system (SSS) contributions using its stablecoin, USDT. Read more
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$697 Million Crypto Investment in June 2024: BitStamp, Hut 8 Mining, and More
RootData shows 92 publicly disclosed crypto venture capital investments, a 40% drop from May’s 153. Total fundraising hit $697 million, down 30% from last month’s $990 million. Read more
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‘Pixels’ Creators Plot More Crypto Games—Maybe on Telegram Too
Pixels has been one of the hottest crypto games all year, with its late 2023 migration to Ethereum gaming network Ronin and February’s token launch propelling the social farming game in front of millions of players. And now the developers are exploring other games in the same universe. Read more
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BlackRock, Fidelity, JPMorgan Dominate Real-World Assets Tokenization Trend
The tokenization of real-world assets (RWA) has seen a surge in interest, with financial giants like BlackRock, Fidelity, and JPMorgan taking the lead. This trend signals a significant shift in the financial industry, showcasing the growing adoption of blockchain technology to enhance efficiency and accessibility in capital markets. Read more
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3iQ Files to Launch First Solana ETF in Canada
3iQ Digital Asset Management, a Canadian digital asset investment firm, has announced the filing of a preliminary prospectus for The Solana Fund. This filing aims to initiate the first Solana exchange-traded product (ETP) in North America. The Solana Fund plans to list its Class A units on the Toronto Stock Exchange (TSX) under the ticker QSOL. Read more