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Report Claims Jump Trading Under CFTC Probe for Crypto Activities
20.6.2024
The Commodity Futures Trading Commission (CFTC) has initiated an inquiry into the cryptocurrency activities of Chicago-based Jump Trading, according to a report by Fortune’s Leo Schwartz. This investigation forms part of a larger regulatory review, though it does not suggest any wrongdoing...
Meme Coin Meltdown: Presidential Tokens TRUMP and BODEN Tumble Amid Market Slump
20.6.2024
Amid a general downturn in the cryptocurrency market, meme coins have experienced notable losses over the past week. Dogecoin and shiba inu declined by 13.9% to 15.6% respectively in the last seven days, while presidential meme coins such as TRUMP and BODEN also suffered substantial double-digit...
Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly
20.6.2024
According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained...
Hashdex targets first US dual Bitcoin-Ethereum ETF
20.6.2024
Hashdex, one of the leading firms that focuses on digital currency investments, has recently provided the Securities and Exchange Commission (SEC) with a proposal for its new ETF. This innovative ETF will integrate two widely prevalent cryptocurrencies, Bitcoin, and Ethereum. Known as the Hashdex...
Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK
20.6.2024
According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local Report Claims On June 20, 2024, NHK reported that...
Major Cardano metric drops to 3-month low, XRP nears end of lawsuit with SEC – details
20.6.2024
Cardano investors and stakeholders have reasons to be nervous as the network is seeing a 3-month low in active addresses, according to recent on-chain data. Meanwhile, the XRP community believes a settlement is imminent in the XRP vs SEC case. Investors can protect themselves by shifting their...
Kraken recovers $3 million from CertiK, ending bug bounty saga
20.6.2024
Certik has returned the funds to Kraken exchange, putting a happy end to the bug bounty-related saga
Kraken recovers $3 million from CertiK, ending bug bounty saga
20.6.2024
CertiK has returned the funds to the Kraken exchange, putting a happy end to the bug bounty-related saga
Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance
20.6.2024
This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins in the European Economic Area (EEA). Uphold...
Justin Sun invests $35 million in Binance
20.6.2024
The new development comes at a time when Curve Finance is recovering from a downward market trend. There was a 34% drop in Curve token value, paving the way for the liquidation of 100 million CRV. The new move will stabilize the decentralized finance tycoon, with Justin Sun’s recent...
Solana allows users to send crypto anywhere via email
20.6.2024
TipLink has introduced a novel feature that has completely altered the nature of crypto transactions. This new development enables users to transfer digital currency across borders using only an email address. The transfer of digital assets is a complex procedure, and TipLink provides...
Circle CEO Jeremy Allaire is optimistic about crypto
20.6.2024
Circle is the organization behind USDC, the second-biggest stablecoin by market capitalization. The Circle CEO is optimistic about the global cryptocurrency market’s future, possibilities, and potential. Jeremey Allaire is equipped with extensive experience in the internet technology...
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
20.6.2024
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering...
Japanese crypto firms rally for crucial tax reforms
20.6.2024
The Japanese cryptocurrency industry is stepping up its lobbying efforts against stringent taxes preventing the growth of digital assets in the country. Leading this campaign is the Japan Blockchain Association (JBA) headed by Yuzo Kano, the CEO of bitFlyer Holdings which is one of the largest...
Japanese exchange BitFlyer to acquire FTX Japan
20.6.2024
FTX Japan, a Japanese subsidiary of the collapsed FTX exchange, is preparing to return with a new owner after repaying its customers in 2023
APAC crypto crime spikes amid legal resource shortages: Chainalysis report
20.6.2024
APAC’s struggle with increasing crypto crime is exacerbated by a shortage of legal resources and inadequate training for law enforcement
Binance fights back against $4.4M Canadian AML fine
20.6.2024
Binance has filed a lawsuit challenging the Canadian Financial Transactions and Reports Analysis Centre’s (FINTRAC) fine of $4.4m. The penalty was imposed in May and concerns the lack of compliance with laws regarding the anti-money of money laundering (AML) and the financing of terrorism (CFT)....
Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand
20.6.2024
Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could either support the price or signal a correction...
Tether and Taipei University boost blockchain and digital asset education
20.6.2024
Tether partners with Taipei University to advance blockchain and digital asset education, aiming to equip students with essential knowledge and skills
Pantera Capital believes Biden’s crypto pivot to be sincere
20.6.2024
Joe Biden’s recent pivot to the crypto market has caused havoc in the community. The consensus surrounding the shift was of doubt. Multiple reasons justified the skepticism around the pivot. The US President had previously blocked a pro-crypto bill. The bill was aimed at eliminating guidance by...