Author: Team CG
Bitcoin Price Falls Below $54,000 as Crypto Liquidations Reach $665 Million
The cryptocurrency market experienced a significant downturn on July 5th, with Bitcoin taking the brunt of the bearish sentiment. The price of ...July 6, 2024Venezuelans turn to Crypto as Economy Falters
Crypto Remittances Become a Lifeline for Venezuelans Amid Economic Turmoil Venezuela’s economic crisis has reached a critical juncture, forcing residents to grapple ...July 6, 2024Major Taiwanese Telecom Company Receives Approval to Offer Virtual Asset Services
Taiwan’s telecommunications landscape is experiencing a shakeup with the news that Taiwan Mobile, the country’s second-largest provider, has been granted a virtual ...July 6, 2024Mt. Gox Shakes Up Crypto World with Massive Bitcoin Transfer
Mt. Gox Stirs Market Jitters with Massive Bitcoin Transfer The defunct Japanese cryptocurrency exchange Mt. Gox has reignited market concerns with a ...July 5, 2024South Korea to Introduce Crypto Transaction Monitoring System
South Korea Tightens Grip on Crypto with Real-Time Transaction Monitoring South Korea’s financial regulator, the Financial Supervisory Service (FSS), is taking a ...July 5, 2024Viral Hamster Kombat Game Takes Over: 239M Users in 81 Days
The gaming world is witnessing a phenomenon unlike any other. Hamster Kombat, a viral clicker game accessible through the Telegram messaging app, ...July 5, 2024Riot Platforms Achieves 50% Increase in Bitcoin Hash Rate in June
Riot Platforms Makes Significant Strides in Bitcoin Mining, Hash Rate Up 50% Bitcoin mining company Riot Platforms (RIOT) has reported a significant ...July 4, 2024Big Tech’s Energy Consumption Outpaces Bitcoin Mining
The ever-growing realm of generative artificial intelligence (AI) and associated services is fueling concerns about the environmental impact of Big Tech. A ...July 4, 2024Basel Committee Cracks Down: Banks Face New Crypto Rules
The recent Basel Committee meeting (July 2-3) focused on key policy decisions related to banks’ exposure to crypto assets. These decisions are ...July 4, 2024Aave’s GHO Stablecoin Lands on Arbitrum
The Aave decentralized lending protocol has taken a significant step towards multi-chain functionality with the recent deployment of its native stablecoin, GHO, ...July 3, 2024
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