Crypto News

World Mobile CEO: DePINs Provide an Escape Hatch for Frustrated Telecom Subscribers

According to Mickey Watkins, decentralized physical infrastructure network (DePINs) can potentially fill the void or blackspots that major telecoms have consistently failed to cover. DePINs can potentially offer an alternative to frustrated subscribers and a chance to earn an extra income. DePIN Market Projected to Reach $3.5 Trillion by 2028 The World Economic Forum (WEF)Source link

Trump Administration Slaps 30% Tariffs on EU and Mexico

President Trump published two new letters on Truth Social, enacting 30% tariffs on the EU and Mexico, effective August 1st. The repercussions of these tariffs could be significant if ultimately enacted, as Mexico and the EU are major trade partners of the U.S. Trump Imposes 30% Tariffs on the EU and Mexico The Trump AdministrationSource link

Tasmania Hit by Spate of Crypto ATM-Related Scams

Over a dozen residents in Tasmania have been defrauded of approximately $1.64 million through scams involving cryptocurrency ATMs, with one victim losing over $493,000. Scammers Exploit ATMs Amidst Rapid Expansion More than a dozen residents of the Australian island state of Tasmania have been defrauded of an estimated $1.64 million through scams that exploited theSource link

Bank of Ghana Orders Mandatory Registration for All Crypto Firms

The Ghanaian central bank has announced a mandatory registration process for all virtual asset service providers operating in the country. Registration Covers Broad Range of Crypto Activities The Bank of Ghana (BOG) has issued a public notice requiring all Virtual Asset Service Providers (VASPs) operating within the country to undergo a mandatory registration process. TheSource link

Bitcoin ETFs Log Another $1 Billion Day as Institutional Momentum Breaks Records

Bitcoin exchange-traded funds (ETFs) posted another billion-dollar inflow on Friday, their second in a row, pushing total net assets to a new record. Ether ETFs kept pace with a $204.82 million haul, marking yet another strong green session. Bitcoin ETFs Surge to $150 Billion AUM After $1 Billion Inflow The wave keeps growing, and theSource link