Chinese Banks Expand Digital Yuan Corporate Loan Offerings
An increasing number of Chinese banks are providing loans in the digital yuan as the country’s CBDC is integrated into more corporate financing options.
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Government Shutdown Threats Could Boost Bitcoin as a Safe Haven
Crypto educator CryptoBusy tweeted that a US government shutdown could drive investors toward Bitcoin as a hedge against economic uncertainty.
Binance Freezes Accounts Linked to Hamas Per Israeli Request
Crypto exchange Binance has frozen accounts associated with Hamas after requests from Israeli law enforcement who claim the accounts were used for terror funding.
Shibarium Reaches Major Milestone of 1 Million Blocks
Shibarium, Shiba Inu’s layer-2 blockchain, has confirmed 1 million blocks, averaging 1 block every 5 seconds. This milestone signals the network’s operational status and thriving ecosystem.
Litecoin Soars to New Heights After Monumental Breakout in June
In June 2023, Litecoin shattered a 770-day descending resistance trendline and surged to a new yearly high of $116, signifying a major breakthrough.
BitVM Enables Smart Contracts on Bitcoin
Bitcoin developer proposes BitVM to enable advanced smart contracts on Bitcoin through fraud-proof optimistic rollups, expanding capabilities without forcing changes.
Star Atlas Now 15% of Solana’s Daily Transactions
Web3 gaming platform Star Atlas accounts for over 15% of daily transaction volume on the Solana blockchain, with over 2.29M transactions in the last 24 hours.
China Daily Newspaper to Launch NFT Platform
China Daily newspaper, owned by the Chinese Communist Party, plans to launch an NFT and metaverse platform despite China’s ban on crypto transactions.
Hamas: Unassisted Attack, but Potential Allies Await if Necessary
A senior Hamas official said Iran and Hezbollah didn’t aid its major attack on Israel but they would likely help if Gaza faces a “war of annihilation.”
Exploring EFTA Application to Crypto Industry in the US
The Consumer Financial Protection Bureau is exploring whether it can leverage the Electronic Fund Transfer Act to protect consumers from fraudulent crypto transfers.