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Kraken expands access in Colombia with local payment integration
We are excited to announce we are expanding services in Colombia through the activation of local payment rails. The introduction of COP funding reflects Kraken’s continued investment in building infrastructure enabling individuals to have secure and frictionless access to crypto around the world. With local payment integration now live, clients in Colombia can deposit COP…
Meta sets up new platform for creative AI content
Meta (NASDAQ: META) has announced a new artificial intelligence (AI) offering designed to allow users of its platforms to build AI-based characters as extensions of themselves, a move that has sent ripples through the ecosystem. Dubbed AI Studio, Meta says the offering will be available to users of Instagram, WhatsApp and Messenger, allowing them to…
Spot BTC, ETH ETFs see outflows as inflation ticks up under Trump tariffs
Spot Bitcoin and Ether ETFs recorded outflows on Friday as the Federal Reserve released key inflation data showing price pressures are creeping higher under President Donald Trump’s trade policies. According to SoSoValue data, Ether (ETH) ETFs saw a net outflow of $164.64 million, reversing five straight days of inflows that had added more than $1.5…
XRP Ledger onchain transactions drop 65.6% in Q2 2024
The decline in activity and the rise in transaction costs on the XRP Ledger are a significant shift compared to the previous quarter. The volume of transactions on the XRP Ledger (XRPL) fell significantly from Q1 to Q2 of 2024 amid the average transaction cost surging, according to Ripple’s Q2 2024 XRP Markets Report. The…
CBDC debate continues in US as Congress returns from recess
As US lawmakers return from their August recess, the debate over central bank digital currencies (CBDCs) is once again at the forefront of crypto policy. In the latest episode of Byte-Sized Insight, Cointelegraph spoke with Sheila Warren, CEO of the Project Liberty Institute, about whether the CBDC debate in Washington reflects real risks or political…
NFT Market Cap Drops $1.2B as Ether Declines; Penguins Overtake Apes – AabeyLLC Crypto
The non-fungible token (NFT) market lost more than $1.2 billion in value in less than a week as Ether’s rally slowed, according to sector data. On Monday, NFT Price Floor data showed that the total valuation of NFT collections had dropped to $8.1 billion, a 12% decline from Wednesday’s NFT market cap of $9.3 billion,…