🌍 GM! Here are the top news in #Crypto for the past 24 hours🌎
©️ The world’s largest bank, ICBC, praises Bitcoin as "digital gold" and Ethereum as "digital oil," highlighting their rapid growth and evolving importance in the financial landscape.
©️ $270.4M in liquidations hit the crypto market, with Bitcoin down 3.5% and Ethereum down 4.6%. Ethereum led with $70.5M liquidated.
©️ Tether plans to invest over $1B in financial infrastructure, AI, and biotech within the next year.
©️ Australia bans crypto and credit cards for online gambling, with non-compliance fines up to AUD 234,750 ($155,000), aiming to protect citizens.
©️ Binance Labs invests in Ethereum Layer 2 developer Zircuit, a zero-knowledge rollup with AI-enhanced security, ahead of its mainnet launch.
©️ Polygon community treasury launches a grants program to distribute 35 million MATIC to developers, aiming to unlock 1 billion tokens over a decade.
©️ Thai SEC revokes Zipmex’s licenses for non-compliance, ordering the exchange to return client assets or deposit unclaimed assets securely.
©️ Liquid restaking platform Mellow launches with Symbiotic, offering flexible, decentralized restaking with varying risk profiles for depositors.
©️ SushiSwap transitions to a "Labs" model under a council structure, managed by Sushi Labs, and introduces a multitoken ecosystem.
©️ Cryptocom gains VASP approval from Ireland’s central bank, joining 15 approved entities including Coinbase, Gemini, and Ripple.
