Author: Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
Ripple has partnered with South Korea’s Jeonbuk Bank to implement faster cross-border payment solutions using blockchain technology.
Cathie Wood’s Ark Invest purchased thousands of shares in Block, Securitize, Nvidia, and the 3IQ Solana Staking ETF on August 17.
Circle’s euro-backed stablecoin EURC exceeded €400 million in circulation after doubling over the past year due to expanding institutional and exchange adoption.
KuCoin shifts USDT and USDC perpetual contracts to hourly funding during rate extremes, requiring 36 stable hours to resume four-hour settlements.
South Korean crypto exchanges Upbit and Bithumb both experienced fifty percent revenue declines in the first half amid broader market contraction.
Ethereum developers warn the upcoming Glamsterdam upgrade will break wallets and gas tools by altering the standard 21,000-gas transfer assumption.
Ethereum rival Monad offered early backers up to $60 million to exit their positions, but almost all investors declined the buyout.
South Korea’s Jeonbuk Bank is deploying Ripple Payments to provide businesses with fast, 24/7 international money transfers and bypass traditional SWIFT delays.
Glassnode reports that weak spot liquidity, persistent ETF outflows, and elevated loss realization are keeping Bitcoin range-bound with limited market conviction.
The Ethereum Foundation launched the Platåberget testnet to begin early public testing for the Glamsterdam upgrade ahead of its August 20 fork.