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FTX Teams Up with Galaxy to Strategically Manage Crypto Holdings Amid Bankruptcy
24.8.2023
Now-defunct crypto exchange FTX has hired crypto firm Galaxy to handle its cryptocurrency holdings through selling, staking, and hedging.
Led by crypto billionaire Mike Novogratz, Galaxy will provide advisory services to FTX with the goal of limiting its exposure to adverse price movements,...
Binance Warns of Escalating Pig Butchering Scams – What's Going On?
24.8.2023
The number of 'pig butchering scam' cases reported to Binance has increased by 100.5% from 2022 to date, the exchange said.
Binance warned that the number of reported pig butchering scam cases doubled over the past year.
Scammers are drawn to whatever is gaining popularity: "Wherever there’s...
Former NJ Officer Arrested for Alleged Crypto Scheme Targeting First Responders
24.8.2023
A former corrections officer from New Jersey has been arrested for targeting law enforcement and first responders in an investment scheme involving a digital token.
John DeSalvo, a 47-year-old resident of Marmora, New Jersey, allegedly created and promoted the Blazar Token in a bid to lure...
Digital Yuan ‘Spurs Rise in Mainland China-Hong Kong Cross-border Payments’
24.8.2023
The Chinese digital yuan pilot’s spread to Hong Kong may be playing a part in driving up cross-border payments, media outlets have suggested.
Per China Fund News, via the Securities Times, certain types of “cross-border payments” between Mainland China and Hong Kong, as well as the mainland...
Solana Price Prediction as Solana Pay Intergrates with Shopify Online Marketplace Platform – Can SOL 10x From Here?
23.8.2023
Solana (SOL), the cryptocurrency that powers the high-performance Solana protocol, a layer-1 smart-contract-enabled blockchain known for its fast transaction speeds and high throughout, has been recovering in tandem with the broader market on Wednesday.
SOL was last up around 3.5% and trading...
Binance Faces Criticism Over Alleged Transactions with Blacklisted Russian Lenders
23.8.2023
Binance is facing criticism for its alleged involvement in facilitating transfers to and from blacklisted Russian lenders.
According to a Tuesday report from The Wall Street Journal, the world's largest cryptocurrency exchange offered its customers the option to use five sanctioned Russian...
Biggest Crypto Gainers Today on DEXTools – SP500, SALT, XD
23.8.2023
Blue chip cryptocurrency prices are on the front foot on Wednesday as US yields and the US dollar fall and US equity prices rise on a raft of weaker-than-expected US survey data....
Read More: Biggest Crypto Gainers Today on DEXTools – SP500, SALT, XD
Today in Crypto: Bitcoin Mining Difficulty Hits ATH, Unstoppable Domains Launches Unstoppable Messaging Based on Web3 Domains, Binance.US Partners with MoonPay for USD-to-Crypto Conversion, US FBI Identifies 6 Lazarus-Linked Bitcoin Wallets
23.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitcoin Mining Difficulty Hits ATH, Unstoppable Domains Launches Unstoppable Messaging Based on Web3...
World Mobile Launches Decentralized Internet Service on Google Play in the US
23.8.2023
Decentralized mobile internet provider World Mobile has officially launched its services on Google Play.
In a Tuesday blog post, the company revealed that its app is now available for users in the United States, the United Kingdom, Australia, Canada, and Tanzan.
By leveraging blockchain...
BlockFi Challenges FTX, Three Arrows in Legal Dispute Over Repayments
23.8.2023
Bankrupt crypto lender BlockFi is trying to block efforts from FTX and Three Arrows Capital (3AC) to recover billions of dollars transacted between the firms before they collapsed last year.
In a Monday court filing, BlockFi accused FTX and Three Arrows Capital of victimizing the company...
Russian Banks MTS, PSB Say Customers Are Now Using Digital Ruble
23.8.2023
The Russian banks MTS and PSB have begun testing the digital ruble, with “entrepreneurs” using the CBDC to pay for “services.”
The nation’s Central Bank has fast-tracked its CBDC project in recent weeks, and is eyeing a 2025-2027 national rollout.
The banks, along with the likes of VTB Bank,...
Google Bard Has Made This Dogecoin Price Prediction, But This Could Be The Next Meme Coin to Pump
22.8.2023
AI is bullish on Dogecoin.
That’s according to a chat recently shared by crypto news website Finbold with Google’s generative AI chatbot Bard.
According to Bard, Dogecoin could recover to $0.10 by the end of 2023, marking an increase of as much as 60% from its current price levels around...
Momentum Capital Gains $10M Investment to Hunt for Crypto's Next 'Apple'
22.8.2023
San Francisco-based crypto-native fund Momentum Capital has secured an investment of $10 million from Canada's BM Fund.
In a Monday press release, the company revealed that it acquired the new funding in July this year.
The investment will be used to expand Momentum Capital's team and support...
Biggest Crypto Gainers Today on DEXTools – GUISE, XLRT, BT2017
22.8.2023
Blue chip cryptocurrencies are falling once again this Tuesday, with Bitcoin (BTC) down around 1% on the day in the $25,800s and Ether (ETH) down 2% and back below $1,650.
Traders continue to fret about macro headwinds in the form of rising US long-dated yields, which recently hit multi-decade...
Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature
22.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams...
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Coinbase Adjusts Debt Buyback Offer Due to Moderate Demand
22.8.2023
Coinbase has made some changes to its debt buyback program following lackluster demand.
In a Monday announcement, the largest US-based crypto exchange said that since the program started earlier this month, investors have tendered just over $50 million worth of bonds, falling short of...
Russian Central Bank: Digital Rubles Will Be Classified as ‘Highly Valuable Liquid Assets’
22.8.2023
The Russian Central Bank says it plans to begin classifying the digital ruble, the nation’s CBDC, as a “high-quality liquid asset” (HQLA), and will likely eventually oblige banks in the country to follow suit.
Central banks typically classify assets such as fiat cash, central bank reserves,...
Stablecoin Buying Rises in Argentina as Peso Tumbles
22.8.2023
Industry insiders claim Argentina is experiencing a rise in stablecoin buying as black market dollar market prices spiral upward.
Per Globo, the nation is in the grips of the “worst political crisis in 21 years,” with hyperinflation eating up the value of the fiat peso.
Last week, Bloomberg...
BNB Price Prediction Amid Speculation CZ Pushing to Liquidate & Burn Illegal Tokens
21.8.2023
BNB, the tokens that powers the Binance Smart Chain or BNB Chain, fell to its lowest level since July 2022 under $210 on Monday.
Speculation is rife that Binance CEO Changpeng Zhao might be pushing for a series of major loan liquidations on the BNB Chain-based Venus protocol.
Last October,...