Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves


On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp,...

South Africa Approves 63 Crypto Asset Service Provider License Applications


South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably,...

Bitcoin Drops Under $58K: Whales Move Millions


The second half of 2024 has begun with a heavy crypto market bleed. At the time of writing, Bitcoin (BTC) is worth $57,728.50, a notable 4.5% decline in the last 24 hours. According to CoinGecko, today’s global crypto market cap stands at $2.24 trillion, having lost a 5.38% market share....

Open Campus secures Arbitrum Foundation EDU Chain funding


Open Campus has been awarded a grant from the Arbitrum Foundation to establish EDU Chain, the first blockchain for education. The Arbitrum Orbit Stack serves as the foundation for the L3 rollup of EDU Chain, a blockchain network exclusively for education.  Many business partners, including Animoca...

QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech


PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing...

MetaMask and Meld team up to boost global crypto access


The famous cryptocurrency wallet, MetaMask, is expanding its international presence and making it easier for users to access its services. This partnership with Meld, a cutting-edge financial technology firm, aims to connect diverse regions including North America, Europe, and Africa. It will...

Coinbase’s base blockchain sees record-breaking TVL surge


Coinbase’s layer 2 blockchain, Base, has witnessed a record-breaking hike in terms of total value locked (TVL) by investors in anticipation of its smart wallet. For the past three months, Base has been experiencing exceptional growth, leaving its competition, Arbitrum and Optimism, way behind....

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