Crypto News
This Week in Crypto Games: ‘Hamster Kombat’ Trump Tribute, Pixelverse Token, Ubisoft NFTs
Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.Source link
Crypto Liquidations Spiked After Biden’s Dropout—Now Bitcoin Is Gaining
Bitcoin and other top coins briefly plunged after Biden's announcement, but now are flying with BTC at its highest price in over a month.Source link
New Virtual Asset Protection Act Takes Effect in South Korea
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhere to anti-money laundering regulations, it became evident that further measures were necessary to combat unfairSource link
Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $37.32 million in bitcoin long positions over the pastSource link
African Union Approves Continent’s Artificial Intelligence Strategy
The African Union (AU) has approved its Continental Artificial Intelligence (AI) Strategy and African Digital Compact to drive Africa’s digital development. These initiatives aim to accelerate digital transformation by leveraging new technologies while ensuring ethical use and minimizing risks. The strategy provides guidance for African countries to harness AI, preserve identity, languages, and cultures, andSource link