Bitget, Foresight Ventures Invest $30M in TON Blockchain
Bitget and Foresight aim to become more involved in TON’s governance and future development plans as a result of this new investment. The Open Network (TON) blockchain has received additional financial backing from Bitget and Foresight Ventures. On September 18, Bitget announced a $30 million strategic investment to advance the development of TON applications on […]
Bitget: Memecoins, P2P, and TON Fuel 1,614% User Growth in Africa
Bitget CEO Gracy Chen stated that as millions of Africans use Telegram, the rise of TON aided Bitget’s user growth in the region. Crypto exchange Bitget has reported a significant milestone, surpassing 45 million users worldwide as it celebrated its sixth anniversary. On September 18, the platform announced that its user base had nearly tripled […]
Chainalysis: Premium Index Boosts South Korean Crypto Market
The Korea Premium Index drives price increases in South Korea’s crypto market, where institutional trading is crucial. A recent report from Chainalysis shows that South Korea’s cryptocurrency market is experiencing significant growth, largely driven by the rise in the Korea Premium Index. The report emphasizes that local demand, institutional trading, and specific market dynamics in […]
Circle Links USDC with National Payment Systems in Brazil, Mexico
USDC is now available in Brazil and Mexico’s banking systems, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions. Circle has integrated its USD-pegged stablecoin, USD Coin (USDC), with Brazil and Mexico’s national real-time payment systems. In a Sept. 17 announcement , Circle revealed that USDC is now accessible within the banking […]
Coinbase CEO, Experts Dismiss BlackRock IOU Rumors
Industry insiders and Coinbase CEO Brian Armstrong quickly shot down allegations that the company had issued Bitcoin IOUs. Industry insiders and Coinbase CEO Brian Armstrong quickly dismissed rumors that Coinbase had issued Bitcoin IOUs. Crypto analyst Tyler Durden, known for his critical stance, accused Coinbase over the weekend of allowing BlackRock, the company managing the […]