Binance Connect to Cease Operations on August 16
A spokesperson said the move came in response to ‘changing market and user needs.’
Altcoins
An Introduction to PayPal USD: Understanding its Functionality
PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers.
Brazilian Congress Proposes Imposing Increased Taxes on Cryptocurrencies
If approved, the legislation would make crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.
NFT Collector: Grails Introduces Exciting Selection of Renowned NFT Artists, Offering New Opportunities for PFP Holders
Pudgy Penguins CEO reveals why PFT holders aren’t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs.
Gemini witnesses XRP briefly reaching $50 amid speculation of relisting ‘price glitch’
XRP has been wildly fluctuating on the Gemini crypto exchange after its relisting.
Apple Working on Pocket AI, Deep Fake Music Partnership, and GPT-4 Hypnosis
Apple developing AI to run locally on your phone, researchers ‘hypnotize’ GPT-4 to turn it evil, and Google negotiates a deep fake music deal.
EOS Foundation calls on creditors to reject $22M settlement proposed by Block.one
The EOS Network Foundation has called on plaintiffs to drop the $22-million settlement with Block.one weeks after initiating a new class action.
Wave of fake PYUSD tokens emerges following PayPal stablecoin launch
Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement.
CoinGecko introduces new index for crypto tokens suspected to be securities
According to CoinGecko, nearly $85 billion worth of crypto falls under the category of “alleged SEC securities.”
Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), Solana (SOL), Polygon (MATIC), Litecoin (LTC), Polkadot (DOT): Price Analysis on August 4th
Bitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market.
