Crypto News
Immutable (IMX) Achieves Major Milestones in July 2024, Expands into Japan
Immutable (IMX) records significant growth with 2M Passport signups, new gaming titles, and expansion into Japan in July 2024. (Read More)Source link
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management practices. People often lose confidence in a currency when a central bank excessively prints money to pay debts and other obligations. De-Dollarization Hype Not Backed by Practical Action Sometime inSource link
Surge in Bitcoin Scams Hits Lubbock, Police Warn
Lubbock police in Texas have reported a notable increase in bitcoin-related scams, with victims losing significant amounts of money. Over the last few months, 20 to 30 individuals have come forward to report scams involving gift cards and bitcoin transactions. Scammers typically target the elderly, claiming their accounts have been compromised and require verification. VictimsSource link
Bitcoin’s Impending ‘Death Cross’ May Trap Bears as Bank of Japan Eases Rate Concerns
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.Source link
Kamala Harris Recruits Advisors With Binance Ties as Crypto Questions Persist
Harris has tapped Binance alumni David Plouffe and former Treasury Department official Brian Nelson as advisors.Source link