The top 10 Perp-dex Sectors by 7d Trading Volume
July 3 (Cointime) -According to Tokenterminal, The perp-dex sector keeps growing. The top 10 platforms by 7d trading volume.
Anarchy Launches Decentralized Meme Cryptocurrency Platform with Voting Rights DAO
July 3 (Cointime) - Anarchy (ANA), a new meme cryptocurrency platform promoting decentralization, has launched and is experiencing a successful presale. The platform aims to create a community that values free speech and privacy rights. Users can purchase the $ANA token and join a Decentralized Autonomous Organization (DAO) to gain voting rights within the ecosystem. Anarchy's main purpose is to promote decentralization and create a community based on mutual respect and trust, with the DAO being a key feature of the platform. The presale for $ANA is currently ongoing, with the token priced at its lowest possible value.
Binance's $16 Million Litecoin Transfer Triggers Speculation and Discussion in Crypto Community
July 3 (Cointime) - Binance's recent transfer of 144,396 Litecoin (LTC), worth a staggering $16,053,446, has raised eyebrows and triggered speculation about its motive and destination in the crypto community. The unexpected transaction has left experts and enthusiasts eager to uncover the purpose behind this significant movement of funds, and a wave of discussion and speculation has engulfed the cryptocurrency space.
Poly Network Hacked Again, Billions of Tokens Issued Out of Thin Air
July 2 (Cointime) - Poly Network suffered a hack over the weekend, with the attacker exploiting a vulnerability in the platform's cross-chain bridge tool to create billions of tokens that did not previously exist. The hacker's digital wallet held almost $43 billion worth of cryptocurrency at one point, but the overall attack was somewhat stifled due to lackluster liquidity preventing any ill-gotten gains on some networks.
Hong Kong Government Establishes Web3 Development Task Force to Promote Ethical Growth
July 3 (Cointime) -The Hong Kong Government has established a Web3 Development Task Force to promote the growth of Web3 with a focus on ethical development. Comprised of 15 industry participants and 11 government officials, including the financial secretary, the task force aims to provide recommendations on the sustainable and responsible development of Web3 in Hong Kong.
Web3 Awareness Soars in South Africa Amid Data Privacy Concerns
July 2 (Cointime) - Web3 awareness is on the rise in South Africa, with 40% of the population familiar with the concept. This decentralized internet powered by blockchain technology is gaining traction, particularly as data privacy concerns grow. While 90% of South Africans consider online privacy important, half express faith in their current internet services.
Canada Approves Unlimited Trading of Litecoin and Three Other Cryptocurrencies on Exchanges
July 1 (Cointime) - The Canadian government has approved unlimited trading of Litecoin (LTC) and three other cryptocurrencies on exchanges, with the exception of a $30,000 annual limit for other cryptos. This move is seen as a significant development for the Canadian cryptocurrency market. The House of Commons Standing Committee on Industry and Technology has also called for a national blockchain strategy to clarify the country's regulatory approach and demonstrate support for the industry. Litecoin's recent surge past the $100 mark and processing of over 500,000 daily transactions for the first time in a quarter has led to predictions of a potential rise to $140.
MicroStrategy's Bitcoin Purchases Spark Debate on Centralization
June 30 (Cointime) - The acquisition of Bitcoin by MicroStrategy has caused discussions about the possibility of centralization of the cryptocurrency. The company, led by Michael Saylor, has replaced its cash reserves with Bitcoin and now holds an impressive 152,333 BTC. This concentration of Bitcoin holdings has raised concerns about the decentralized nature of the currency.
Revolut to Delist Cardano, Polygon and Solana in the US Amid Regulatory Developments
June 30 (Cointime) - Revolut, a cryptocurrency-friendly neobank, will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) from its platform in the United States in September due to changing laws and regulations around cryptocurrency in the country. Revolut notified its U.S. customers about the change on June 29, stating that buying these tokens is immediately closed for all customers.
SafePal Wallet Integrates Polygon zkEVM, Enabling Seamless Management of Native Tokens Across 100+ Blockchains
June 30 (Cointime) - SafePal Wallet, a well-known cryptocurrency wallet solution, has announced its integration with Polygon zkEVM, a decentralized Ethereum Layer 2 scalability solution that uses cryptographic zero-knowledge proofs. This integration will allow SafePal Wallet users to easily manage native tokens on the polygon zkEVM network using their software, hardware, and browser extension wallets. With this new functionality, users can now move their assets among more than 100 blockchains effortlessly. SafePal's inclusion of Polygon zkEVM marks an important development in the company's efforts to give its customers more control over the cryptocurrency market. Additionally, developers plan to deploy current contracts to zkEVM, unlocking new possibilities for Ethereum users.
