TON Wallet To Support Crypto Assets on Tron
MyTonWallet stated that it will support TRX, USDT, and other crypto assets that use the TRC-20 token standard. On September 23, the self-custodial wallet MyTonWallet, part of The Open Network (TON) ecosystem, announced it would begin supporting crypto assets on the Tron blockchain. This includes the native Tron token, Tether, and other tokens based on […]
Stablecoins, Crypto Threaten Fiat Money in East Asia
In some East Asian countries, stablecoins and cryptocurrencies are beginning to supersede fiat currencies, underscoring their importance in emerging economies. Eastern Asia became the sixth-largest crypto economy in 2024, contributing more than 8.9% of the global cryptocurrency value received between June 2024 and July 2023, according to a report by Chainalysis published on September 17. […]
Users Sue OpenSea Over Sales of Unregistered Securities
Two OpenSea users have proposed a class-action lawsuit in the United States against the non-fungible token (NFT) marketplace OpenSea, alleging that it sells unregistered securities contracts. In a federal court in Florida on September 19, Anthony Shnayderman and Itai Bronshtein asserted that the NFTs they acquired on OpenSea, including those from the Bored Ape Yacht […]
Research Shows Bitcoin’s Poised for Potential Rally by Year-End
The most recent report from 10x Research suggests that Bitcoin may be on the brink of a substantial rally by the end of 2024 while cautioning on potential risks of investing. The report emphasizes the volatility of the year thus far. However, it also explores a paradigm shift in the context of the cryptocurrency market’s […]
Travala Integrates Solana-based Crypto Payments
Travala integrates Solana blockchain for seamless crypto payments and has broadened its payment alternatives to include major tokens like USDT and USDC. Travala, an online travel ticketing service on the Solana blockchain, has broadened its crypto payment alternatives to major tokens. During the Solana Breakpoint conference in Singapore on September 21, Travala CEO Juan Otero […]