Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil?
30.7.2024
On Monday, July 29th, Bitcoin declined by 2.12% following reports that the United States government had transferred $2 billion worth of Bitcoin to newly generated digital addresses. After edging upwards slightly on Sunday, Bitcoin closed the previous session at $66,810. Earlier that day,...
‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
30.7.2024
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289
Grayscale’s ETH ETF outflows could subside this week — Analyst
30.7.2024
Ether ETFs posted a net outflow of $98 million on July 29, marking the fourth consecutive day of bleeding — but analysts predict this trend could reverse soon
Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
30.7.2024
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39, are charged with conspiracy to defraud and possession of 5,000 counterfeit banknotes. According to Hong Kong laws...
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
30.7.2024
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina, Brazil, Colombia, and Mexico, indicates that the number...
US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
30.7.2024
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven by rising expenditures and interest costs outpacing...
Citron founder pleads not guilty to fraud over short seller calls
30.7.2024
Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government
Crypto ETFs to hit ‘model portfolios’ toward year end: BlackRock
30.7.2024
“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
30.7.2024
The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is working to recover...
‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge
30.7.2024
The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected
Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years
30.7.2024
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that...
4 suspects forced a Bitcoiner to transfer BTC before killing him, police say
30.7.2024
Kyiv Police and the nation’s special police unit have arrested and detained four suspects believed to be responsible for the foreign national’s murder