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Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding

25.7.2024
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region

Galaxy Asset Management raises $113M for new crypto venture

25.7.2024
The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space

Daily Crypto Update: Market Gains Stability with Rare Outliers

25.7.2024
After an unexpectedly bullish session, the crypto market has entered a slump. The market has been sluggish for the past week, with most cryptos gradually dropping in value. Most of the top 10 cryptocurrencies have lost value in the past 24 hours, with the exception of Solana and Ripple, which have...

India cracks down on darknet drug deals using crypto tracking

25.7.2024
India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking

DeFi Token DTX Attracts Heavy Inflows from XRP and NEAR Traders

25.7.2024
As of June 24, three tokens are making huge waves: Ripple (XRP), Near Protocol (NEAR), and DTX Exchange (DTX). While XRP has finally broken through its resistance levels and NEAR Protocol is gaining bullish momentum, DTX Exchange is drawing a notable surge in demand after crossing $1.1 million...

Hong Kong Launches Its First Inverse Bitcoin ETF Product

25.7.2024
CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already...

Crypto bank Sygnum posts profit after doubling crypto trading volumes

25.7.2024
Signum Bank says it's now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025

Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam

25.7.2024
Analysts believe Ether will see “tremendous” price action once their spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs

Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser

25.7.2024
Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to 950 million monthly active users, with expectations...

Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email

25.7.2024
Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail email address, you can now automatically receive...

Hashdex files S-1 for ETF to hold Bitcoin, Ether and potentially others

25.7.2024
The Hashdex Nasdaq Crypto Index US ETF could see other cryptocurrencies added down the track, subject to all the necessary approvals

Robert Kiyosaki vs Peter Schiff: Conflicting Predictions on Gold, Bitcoin, and US Dollar

25.7.2024
Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of gold, silver, bitcoin, and the U.S. economy if Donald Trump is re-elected. Kiyosaki claims asset prices will rise as Trump supports a weaker dollar, which he believes will...

Ferrari Launching Crypto Payment System for European Market

25.7.2024
Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move follows the successful launch of crypto payments in the U.S. less than a year ago, aimed at better...

Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors

24.7.2024
Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley expressed gratitude for the Trustee’s efforts in preserving the coins’ value despite legal...

Ferrari to Accept Crypto Payments in Europe

24.7.2024
Italian Luxury sports car giant Ferrari will expand cryptocurrency payment options to its European dealer network this month. The launch follows its success in the US after partnering with BitPay in 2023. Ferrari to Launch Crypto Payments in Europe According to an official statement shared...

Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs

24.7.2024
On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves into the implications and insights surrounding...