Bitget wallet on Telegram hits 6 million users 3 days after launch
Bitget Wallet’s Telegram Mini App, Bitget Wallet Lite mini, has attracted more than six million users in just three days after its soft launch.
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Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?
The equity of Ripple, the company that builds the infrastructure around XRP — the digital asset used by networks like RippleNet to process cross-border payments — is reportedly trading at $2 to $3 billion in the secondary market.Yet, the XRP holdings of Ripple, are reportedly worth $70 billion, which is many times higher than the valuation of…

How are Afghans using crypto under the Taliban government?
After the Taliban took full control of Afghanistan in August last year, many international non-governmental organizations and services stopped operating in the country. Among them were payment services like Western Union and Swift.Many Afghans subsequently began to learn about cryptocurrencies and the underlying blockchain technology to — at the very least — receive remittances from…

Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance
While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from the law since the beginning of the year.The Monetary Authority of Singapore (MAS), the country’s central bank and major financial regulatory authority,…

US lawmaker accuses SEC of ‘enforcement abuse’ against crypto firms
House of Representatives members brought up FTX, Donald Trump’s token launch, and SEC Chair Gary Gensler at the “Dazed and Confused” digital assets hearing.

US banking regulator authorizes federal banks to hold reserves for stablecoins
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators. Per an interpretive letter from the U.S. Office of the Comptroller of the Currency released on Monday, national banks will be free to hold reserve currencies for stablecoins.The new guidance reads, "We conclude that a national bank may…

Bitcoin bulls miss key resistance flip as BTC price sheds 8%
Bitcoin (BTC) extended losses on the July 21 Wall Street open after a key resistance level failed to hold as new support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar rises to squeeze risk assetsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $22,340 on Bitstamp after the opening bell, down 8% from its local top. The…

Infinex NFTs top $40M sales in first four days, despite NFT bear market
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.

P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, blockchain-based game where users collect, breed, raise and battle nonfungible tokens (NFTs) called Axies for monetary rewards. As the market topped and then entered what has become a deep bear market,…