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In another step to transform X (formerly known as Twitter ) into a super app, owner Elon Musk has announced that the platform will soon get audio and video call capabilities. Musk added that no phone number will be needed to access the feature. According to the official Tweet, the service will work on iOS, Android, Mac, and PC. Musk called the platform “the effective global address book.” Video & audio calls coming to X: – Works on iOS, Android, Mac & PC – No phone number needed – X is the effective global address book That set of factors is unique. — Elon Musk (@elonmusk) August 31, 2023 Musk had mentioned the “call” feature for X earlier in May. He tweeted, “Coming soon will be voice and video chat from your handle to anyone on this platform.” Also Read: Dogecoin: Elon Musk Says X is a Doge Friendly Place Earlier this month, X designer, Andrea Conway teased that she had made a call on the platform. Bei...

Swift, the global messaging network for international payments, has shared key findings from its recent experiments on blockchain compatibility. Working alongside major financial institutions and Chainlink, Swift set out to showcase its potential as a central hub for facilitating the transfer of tokenized asset s across different blockchain s. The trial also roped in leading financial entities, including ANZ, BNP Paribas, and Citi, among others. You might also like: Citi survey: more firms exploring blockchain despite FTX setback Chainlink securely connected the Swift network and Ethereum’s Sepolia testnet via the oracle’s Cross-Chain Interoperability Protocol (CCIP). Exciting news! Together with more than a dozen major financial institutions, we’ve successfully shown how the #Swift network can facilitate the transfer of tokenised assets across multiple public & private #blockchains. 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲: https://t.co/L0o6meHXfd pic.twitter.com/VVtt1VnJZc ...

Join Our Telegram channel to stay up to date on breaking news coverage Grayscale won a landmark legal victory against the US Securities and Exchange Commission, propelling Bitcoin (BTC) to its highest point in a fortnight and boosting other crypto assets. The win sparked a $1,700 jump in Bitcoin in 30 minutes while the Grayscale Bitcoin Trust (GBTC) rose 17% to $20.60.  Grayscale Bitcoin Trust (GBTC) (Source: TradingView) The U.S. Court of Appeals for the District of Columbia Circuit ruled on Aug. 29 that the SEC’s earlier decision to reject Grayscale’s application to convert GBTC into a spot Bitcoin ETF listed it on the New York Stock Exchange’s Arca market was “arbitrary and capricious.” It agreed that Grayscale’s proposed Bitcoin ETF was “materially similar” to Bitcoin futures exchange-traded products already approved by the SEC.  It also debunked the SEC’s argument that Grayscale’s ETF was not designed ...

(Kindly edit, don’t publish) The BRICS alliance inducted six new countries into the bloc at the 15th summit in Johannesburg last week. The six new countries to join BRICS are Saudi Arabia, the UAE, Argentina, Egypt, Iran, and Ethiopia. The alliance will become an 11-nation group boasting a GDP much bigger than that of the U.S. Also Read: BRICS : US Hits Back at Russia, Looks to End Dependency on Uranium Hold While the U.S. GDP stands at $25.5 trillion, the new BRICS GDP is at a staggering $30.75 trillion. Therefore, BRICS + GDP is ahead by $5.35 trillion that of the U.S. The six countries are expected to formally join the bloc in 2024 and be a part of the 16th summit in Russia. In this article, we will highlight the GDP of all the 11 member countries of the BRICS group. GDP of All the 11 Member Countries of BRICS Source: ft.com The majority of BRICS countries are fast-growing economies that are catching up with the rest of the world. Bloomberg predicts that BRICS...

Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale’s victory over the SEC. Bitcoin led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However, the rally could not be sustained, as analysts cautioned that the victory did not guarantee the approval of a spot Bitcoin (BTC) exchange-traded fund. Still, the victory may prove to be bullish for Grayscale. Glassnode analysts said in an X (formerly Twitter) post on Aug. 30 that the Grayscale Bitcoin Trust (GBTC) could return to a premium next year. It is important to note that GBTC has been trading at a discount to the spot Bitcoin price for the past two and a half years. Daily cryptocurrency market performance. Source: Coin360 In the short term, even though the S&P 500 Index is on a path of recovery and the U.S. Dollar Index has turn...

Cryptoys announced it will add characters from Disney’s Mickey Mouse and Friends in September. The characters include Mickey Mouse, Minnie Mouse, and Pluto. Users can pick up the collectibles at $39.99 apiece. Andreessen Horowitz-based Web3 startup Cryptoys announced it will launch a new collectible based on iconic characters from Disney’s Mickey Mouse and Friends. The collectible, set to launch in September, will feature Mickey Mouse, Minnie Mouse, and Pluto. The collectibles are priced at $39.99. The launch of the collectibles follows a recent announcement that the company would be adding Yoda to its existing Star Wars collections. Launched in May, the Star Wars collection only has Luke Skywalker and Princess Leia toys available for purchase. Per the announcement, the company will airdrop limited-edition Yoda toys to existing holders of the Star Wars collectibles. Cryptoys says the 15-piece Mickey Mouse collection will have similar rarity structures as ...

Two recent opinion articles from CoinDesk, one comparing Justin Sun to SBF and Do Kwon, and another suggesting that Chainalysis had accuracy issues with its software, were recently retracted. The double retraction — a rarity for an outlet as esteemed as CoinDesk — took place on Aug US t 26 and immediately gave rise to a raft of rumors and theories. And while the real reason behind the move isn’t quite as fascinating as some have suggested, the story behind it might be. Loosely defined policy According to sources familiar with the matter, the op-ed (opposite the editorial) section at CoinDesk had a loose policy that allowed for the publishing of pieces by anonymous and pseudonymous authors . At least it didn’t explicitly forbid them. However, since the retractions, it’s become clear that this policy has changed. It’s important to put these retractions into context. CoinDesk is preparing to be sold off by its parent organization, Digital Currency Group (DCG). As it rea...

Cardano users have staked more than 157 million ADA worth $40 million over the past week. The surge in staking activity can be attributed to a significant decline in ADA’s price. ADA has lost more than 16% of its value since the beginning of August 2023. Cardano users have staked more than 157 million ADA over the past week. The surge in staking activity came after a decline of more than 5% in the world’s seventh-largest cryptocurrency by market capitalization. On-chain data shows that Cardano holders have staked a whopping $40.8 million worth of ADA since August 21, 2023. According to Cardano Blockchain Insights obtained from Looker Studio, the percentage of Total ADA Staked went from 62.9% to 63.4% between August 21 and August 28. The nearly 0.5% increase in the metric represented approximately 157 million ADA staked by the blockchain’s users during this period. As per CoinMarketCap, ADA is currently trading at $0.26, which would value the newly staked ...

Memecoins Spikes In Gas Fees Meme coins ’ increased gas use can be related to their high volatility, which confuses and fuels speculation among traders. Notably, meme coins like Shiba INU have been at the forefront of this trend. Anticipation was high for the launch of Shibarium, an L2 scaling solution by Shiba Inu, and people expected significant price recovery for the coin. Despite its successful implementation, the native token’s price saw only a modest 2.67% increase since last week, leaving traders uncertain about the impact of Shibarium. advertisement Dogecoin, another well-known meme coin, has also faced fluctuating gas fees and price volatility, often influenced by Tesla CEO Elon Musk’s tweets and comments. Recent studies highlight that Dogecoin’s value plummeted to $0.07529 during a broader market correction in August 2023, but rebounded to $0.061963 later in the month, showcasing the rapid and speculative nature of the meme coin. ...

Charles Hoskinson predicts ADA will become the world’s biggest cryptocurrency. Hoskinson said Cardano is currently the number one blockchain in development activity. Cardano’s TVL grew by over 200% despite the downturn in the cryptocurrency market Charles Hoskinson, Cardano founder, predicts that the blockchain platfoFrm’s cryptocurrency, ADA, will surpass Bitcoin and Ethereum to become the biggest cryptocurrency in the world. Hoskinson predicted the Rare Evo blockchain event and said his product is currently the number one blockchain in development activity. Hoskinson told the listening audience at the blockchain event that Cardano’s Total Value Locked (TVL) grew by over 200% despite the downturn in the cryptocurrency market. He mentioned the growing ADA transaction volume as one of the positive factors developing with the Cardano ecosystem. According to Hoskinson, getting positive reviews from Messari, the crypto market intelligence platform, is a nota...

Surging Hash Rate vs. Slumping Revenue Interestingly, while the hash price is plummeting, the Bitcoin network’s hash rate is experiencing an opposite trajectory. Over the past year, the hash rate has surged by an impressive 80%, reaching a peak of 414 exahashes per second (EH/s) on August 18. This signifies more computational power and resources being poured into the network. Yet, the diminishing returns in terms of revenue are a concerning juxtaposition. advertisement BTC/USD hash rate vs. price, Source: Blockchain.com   A renowned market analyst, Dylan LeClair, shed light on the situation, highlighting that newer, more efficient mining rigs are constantly being developed. However, he also emphasized the importance of the Bitcoin price catching up. According to LeClair, for mining to remain lucrative at such elevated hash rates, Bitcoin prices need to adjust upward. Recommended Articles ...

Ulli Spankowski, CEO BISON app, chief digital officer Boerse Stuttgart Group and founder of Sowa Labs In the first of a two-part interview, Cryptonews spoke exclusively to Dr Ulli Spankowski, Chief Digital Officer at Boerse Stuttgart Group, founder of Sowa Labs and the BISON app, as well as being the CEO of the latter. In what was a wide-ranging discussion, Ulli provided insights on developments in the crypto space and where we are headed as an industry. Ulli discussed how current market conditions help the best companies in the sector to concentrate now more than ever on product development.  He explains how regulation was always at the center of the approach taken by BISON app, which is the flagship digital asset product of the sixth-largest exchange group in Europe. Europe is being smart with MiCA He thinks Europe is being smart with MiCA (Markets in Crypto Assets) and it will bring companies from outside the EU into the region as well as acting as a dynamo f...