Reading Time: < 1 minute A new batch of 6.52 million DYDX tokens, worth $13.82 million, are set to unlock from the total supply of 1 billion DYDX tokens.
Author: Megan Jones
Bitcoin Adoption in Argentina Overtakes El Salvador’s
Reading Time: < 1 minute Despite the fact that El Salvador was the first nation in Latin America to recognize Bitcoin as a viable form of payment, Argentina is the regional leader when it comes to the speed of cryptocurrency adoption.
Sam Bankman-Fried Wants to Be Released to Prepare for Trial
Reading Time: < 1 minute Lawyers for the former head of the collapsed FTX, Sam Bankman-Fried (SBF), have submitted a petition to the court to protest the harsh conditions of their client’s detention and to plead for his “temporary release.”
Tether’s Assets Exceed $86B
Reading Time: < 1 minute Tether Holdings Limited published a financial report at the end of last week, confirming that their USDT reserves amounted to $3.29 billion as of August 25.
Lawyers: There Are Inconsistencies in Tornado Cash Case
Reading Time: < 1 minute Coin Center, an industry advocacy organization for cryptocurrencies, has declared that recent allegations issued against the two co-founders of the mixer, Tornado Cash, ran contrary to FinCEN rules and guidance.
Developing Countries Are Leading CBDC Development: Report
Reading Time: < 1 minute 130 countries are undertaking research on the implementation of Central Bank Digital Currencies (CBDC), according to CoinGecko and the Atlantic Council CBDC tracker.
Thailand Will Distribute $300 in Digital Currency to Citizens
Reading Time: < 1 minute Thailand’s recently elected Prime Minister Sretta Thavisin has promised to distribute 10,000 baht (~$300) in digital assets to all citizens over 16 years old.
Rarimo Rolls Out an Identification Plug-in in Web3
Reading Time: < 1 minute Rarify Labs, an Web3 startup, has released their new “Proof of Humanity” plugin, which aims to distinguish between humans and AI bots.
BIS: Cryptocurrencies Pose Risks to Emerging Economies
Reading Time: < 1 minute According to a newly released report from the Bank for International Settlements (BIS), digital asset market vulnerabilities may pose risks to financial stability in emerging market economies.
