Bitpanda co-CEO Paul Klanschek is stepping down, moving to an advisory role. Deputy CEO Lukas Enzersdorfer-Konrad will take over. The crypto firm reported record profits & is considering an IPO in Frankfurt, potentially valued at $4B. Eric Demuth remains co-CEO. #crypto #bitpanda #ipo
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Tether Surpasses South Korea as 18th Largest US Debt Holder
According to data from Messari, Tether has surpassed South Korea to become the 18th largest holder of US Treasury securities. Tether reported in its Q2 report yesterday that its US Treasury holdings exceed $127 billion.
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Binance now lets you earn rewards directly from your spot wallet! Just activate Earn features (app v3.1.0+) & hold supported tokens. Rewards go straight to your spot account. โจ #Binance #Earn #Crypto
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Ethereum whale down $1.6M after a $20M ETH buy with high slippage! ๐ณ Bought 5,073 ETH at $3,958 (above market rate) on July 28th. Highlights risks of large DEX purchases & price impact. No ETH sold yet. ๐ #Ethereum #crypto #DeFi
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IMF will include crypto assets in its global economic measurement system (SNA)! ๐ช Theyโll be classified as โnon-producing non-financial assetsโ & counted in national wealth, though *not* GDP. Updates also cover AI & e-commerce. Implementation: 2029-2030. #crypto #IMF #economy
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China is forming a Metaverse Standardization Committee (MIIT) to develop technical standards & boost its position in the emerging metaverse industry. It will include gov, research & industry experts. Focus: roadmap, key standards, & international competitiveness. A strategic move! ๐จ๐ณ๐
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๐TOSHI (TOSHI) is now listed on Binance Alpha! Eligible users (โฅ200 Alpha points) can claim 69,349 tokens on a first-come, first-served basis. Alpha point requirement drops 15/hr if unclaimed. Claim with 15 Alpha points & confirm within 24hrs! #BinanceAlpha #TOSHI #Airdrop
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Hong Kong virtual asset ETFs saw HK$44.59M in turnover today. Hua Xia Bitcoin led with HK$20.86M, followed by Hua Xia Ether at HK$12.21M. Other ETFs traded between HK$2.12M - HK$3.86M. All offer HKD & USD trading, Hua Xia also RMB.
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Indonesiaโs crypto tax revenue surged to $3.798M YTD, up from $1.5M in 2022! ๐ Theyโre raising taxes on overseas crypto platforms to 1% (domestic stays at 0.21%) starting Aug '25 to boost domestic trading & curb capital flight. Crypto is now a financial asset. ๐ฎ๐ฉ #crypto #tax #Indonesia
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Crypto market heating up! ๐ฅ Six tokens surged over 100% in the last month, led by Zora (ZORA) with a massive 746.5% gain. Other big movers: Rekt, Conflux, Pudgy Penguins, Ethena & Story. ๐ Volatility remains high โ DYOR! #crypto #altcoins
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