Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
7.8.2024
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which tokens were issued, their purported classification, and the assets supporting...
'Something is happening' — Bitcoin hodlers scooped $23B in the past 30 days
7.8.2024
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump
Binance saw $1.2B of inflows in one of biggest trading days of 2024, says CEO
7.8.2024
ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...
Fake Crypto Recovery Service Operator Arrested and Charged
7.8.2024
The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced clients he could recover lost cryptocurrencies but pocketed the fees...
SOL/ETH ratio hits new all-time high amid market turmoil
7.8.2024
The metric that tracks the value of one Solana token to one Ether token has reached a new all-time high following a brutal market-wide sell-off earlier this week
Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand
7.8.2024
Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO
JPMorgan Sees ‘Buy the Dip’ Opportunity After Market Selloff
7.8.2024
Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts see a potential “buy the dip” opportunity as the rotation out of tech stocks might be nearing its end. John Schlegel, JPMorgan’s head...
Nasdaq Seeks Approval for Ethereum ETFs Options Trading
7.8.2024
Nasdaq has formally petitioned US regulators to allow options trading on Ethereum ETFs, which shows the further development…
CoinDCX introduces protection fund to secure Indian crypto users
7.8.2024
CoinDCX's Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets
Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M
7.8.2024
Indian crypto exchange CoinDCX's co-founder Sumit Gupta has told CoinDesk that his company has established an investor protection fund, saying that if other exchanges did this too "it would be better for the eco system."
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
7.8.2024
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this...