The price of Bitcoin ended the week up 9.94 percent for the third week in a row. The price of Ethereum finished the week up 17.95 percent, its biggest week since the beginning of May. The price of XRP ended the week up 7.52 percent for the third week in a row, and for the…
Global Cryptocurrency AUM Crosses $50 Billion Level
Last week, there were some tiny inflows in Ethereum investment products. The whole market valuation of digital currencies increased by nearly $500 billion in the last two weeks, indicating a significant increase in the cryptocurrency sector. The aggregate value of global cryptocurrency assets under management (AUM) surged fast as a result of the recent jump.…
Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework
Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the Blockchain Association of Uganda (BAU) has said. The member, Suleiman Murunga, explains that such a framework “will create investor confidence and boost participation by innovators.” Uganda’s FIA Calls for Crypto Framework The remarks by BAU’s…
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report On August 9, 2021, Tether’s chief technology officer tweeted…
Daily Crypto News- Tether claims to have increased total assets by $21B in new accounting review
Tether claims to have increased total assets by $21B in new accounting review Tether(USDT) Holdings has been disclosing its reserves and liabilities as part of a settlement with the New York Attorney General’s office in February 2021. Tether claims to have increased total assets by $21B in the new accounting review. Tether Holdings Limited, the…
Refinable Launches Gaming Initiative to Support NFT and Play-to-Earn Movement
Refinable, a leading NFT marketplace, today announced the Refinable Gaming Initiative, an industry-specific program aimed at deepening its collaboration with the gaming developer community, supporting NFT communities with a community push to Play-To-Earn (P2E) initiatives within NFT gaming. Refinable’s decision reflects the incredible momentum in its marketplace as it relates to gaming NFTs. The company’s…