Robinhood drew 34% of crypto revenue from being ‘overexposed’ to Dogecoin (DOGE)The global crypto market cap is $1.43 trillion with a 24-hour volume of $59.83 billion. The price of Bitcoin is $34,561.54 and the BTC dominance is at 45.3%.
by Samuel Wan Commission-free trading platform Robinhood reveals it relies heavily on Dogecoin. The firm admits lessening demand for the controversial meme token could negatively impact its operations. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scamFaZe Clan, a Los Angeles-based professional electronic sports (esports) organization, today announced that it has fired its member FaZe Kay as well as suspended three more players—Jarvis, Nikan, and Teeqo—who were involved in promoting cryptocurrency token Save the Kids (KIDS). Bitcoin.org blocks users from downloading Bitcoin Core amidst legal caseAn anonymous Bitcoin (BTC) developer, who goes by the pseudonym Cøbra has blocked access to the Bitcoin white paper and suspended downloading of the Bitcoin Core software for UK users on Bitcoin.org, “an informational site dedicated to help educate and facilitate the understanding of Bitcoin.” The restriction was ordered by London’s High Court, which ruled […] Cayman Islands joins in global regulatory attacks against Binance, what is happening?A press release from the Cayman Islands Monetary Authority (CIMA) states Binance is not registered to operate as a crypto exchange from the British Overseas Territory. No audits, no tokens, and no ‘rugpulls.’ Yearn’s Andre Cronje launches new DeFi projectAndre Cronje, creator of wildly popular decentralized finance (DeFi) yield farming protocol Yearn.Finance (YFI), today announced his new project—a blockchain-based foreign exchange (forex) platform. ‘Bitcoin Mining Council’ says 56% of all mining is sustainableThe Bitcoin Mining Council, a self-regulating group they aren’t ‘responsible” that assesses Bitcoin mining companies and mining activities, has revealed the result of its Q2 findings based on electricity consumption and sustainable power mix. Why this crypto VC bet on DeFi cross-chain liquidity tool Unbound FinancePaul Veradittakit, a partner at crypto venture fund Pantera Capital, explained why the team invested in cross-chain liquidity protocol Unbound Finance in a post yesterday. JPMorgan is bullish on crypto staking ahead of ETH 2.0 launchAnalysts at US bank JPMorgan foresee staking to become a multi-billion market as environmental concerns come into play for top cryptos like Bitcoin, they wrote in a recent report to clients. Free DOGE? New game touts million Dogecoin up for grabsAn augmented reality mobile game titled Million Doge Disco, which will entice players to earn Dogecoin (DOGE) and interactive non-fungible tokens (NFTs) while playing, launches this week. Two Japanese firms turn to Ripple (XRP) tech to power remittancesSBI Remit, a subsidiary of Japanese financial and services conglomerate SBI, and Hamamatsu Iwata Credit Bank, a regional credit union, will soon use Ripple for powering remittance services. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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