Trump reelection campaign raised $3M in crypto for Q2 2024
The most significant contributions came from Gemini co-founders Cameron and Tyler Winklevoss, who announced their support for the Republican candidate on X.
The most significant contributions came from Gemini co-founders Cameron and Tyler Winklevoss, who announced their support for the Republican candidate on X.
The $4.5-million fine could signal the start of more scrutiny for crypto exchanges in the region.
Latvia’s minister of economics, Viktors Valainis, shared insights on the country’s vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy.
Regulatory hurdles continue to pose a major challenge to tokenization adoption. Edwin Mata, CEO and co-founder of Brickken, spoke about the collaboration with EU regulators and the technology's potential.
India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking.
According to Odaily, the Bank of Canada has reduced its benchmark interest rate from 4.75% to 4.5%. This marks the second consecutive rate cut, aligning with market expectations.
According to Odaily, the US stock market opened with significant declines. The Dow Jones Industrial Average fell by 0.53%, the S&P 500 Index dropped by 0.95%, and the Nasdaq Composite Index decreased by 1.48%. Tesla (TSLA.O) experienced a sharp decline of 8.63% following its Q2 net profit, which fell short of expectations. Alphabet (GOOG.O) also saw a decrease of 4.69%, despite exceeding Q2 performance expectations, as the company anticipates increased capital expenditures within the year.
According to BlockBeats, Thailand will open registration for digital wallets from August 1 to September 15. The initiative is expected to attract 45 million participants, as stated by the Thai Deputy Finance Minister. The government has allocated 450 billion baht for this program. Digital cash spending is set to commence in the fourth quarter of this year.
The ChatGPT maker reportedly will spend some $7 billion on AI testing this year.
Analysts worry ETH will prove a harder sell than BTC to traditional investors.