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Salvadoran Educational Nonprofit Mi Primer Bitcoin Risks Running out of Funds
28.8.2024
Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September according to statements from its founder John Dennehy. Dennehy declared that while they expect to receive multiple grants by the end of the year, they need additional...
SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme
28.8.2024
The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal...
Coinbase CEO Brian Armstrong Predicts Payments Will Be Crypto’s Next Big Boom
28.8.2024
Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto...
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
28.8.2024
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style...
Finder’s Experts Forecast Potential Surge in XRP Price
28.8.2024
Financial comparison platform Finder has updated its XRP price prediction for 2024 based on input from a panel of fintech experts. The panel’s average prediction for XRP is $0.66 this year, with the forecast suggesting it could rise to $1.05 by the end of 2025 and reach $2.49 by 2030, driven...
UAE Requests France to Provide Immediate Consular Support for Telegram CEO Pavel Durov
28.8.2024
The United Arab Emirates (UAE) has requested consular services for Telegram CEO Pavel Durov following his arrest in Paris for alleged cybercrimes. France is investigating Durov for enabling illegal activities through Telegram. Russia has similarly sought to protect Durov’s rights, but France...
Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain
28.8.2024
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between...
Bitcoin Loses Footing as Price Slips Below $62K Threshold
27.8.2024
Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $20.28 million in bitcoin long positions and $40.29 million in ether longs being liquidated. Crypto Market Stumbles: Bitcoin...
Flare Network Integrates Polyhedra’s ZK Bridge for Enhanced Cross-Chain Security
27.8.2024
Flare Network has integrated with Polyhedra’s ZK Bridge, allowing developers to build secure cross-chain applications. This collaboration leverages Layerzero’s interoperability while benefiting from the robust security of zero-knowledge proofs. Flare Network Expands Cross-Chain Security With...
Tether CEO Criticizes Durov’s Arrest, States Europe Is ‘Falling Into Dark Ages’
27.8.2024
Paolo Ardoino, CEO of Tether, one of the largest companies in the cryptocurrency industry, has criticized the arrest of Telegram founder and CEO Pavel Durov. On social media, Ardoino stated this development was concerning for society as a whole and stressed that if it loses the battle, “dark...
Crypto Betting Pioneer Cloudbet Gets a Makeover, Promises “Big Moves”
27.8.2024
PRESS RELEASE. [Cloudbet] has unveiled a comprehensive site redesign along with a new all-cash rewards program, the latest in a series of major strategic moves to capture a bigger slice of the fast-growing crypto gaming market. The pioneering crypto casino and sportsbook revealed the new bold brand...
Arkham Intelligence Partners With Coingecko for Enhanced Trading Analytics
27.8.2024
Arkham Intelligence has announced an expanded partnership with Coingecko and Gecko Terminal, integrating their market data into Arkham’s platform. This collaboration aims to enhance the crypto analytics experience by combining Coingecko’s token pricing data with Arkham’s onchain data. Arkham...
French President Emmanuel Macron Dismisses ‘False Information’ on Pavel Durov’s Arrest; ‘It Is in No Way a Political Decision’
27.8.2024
Emmanuel Macron, President of France, has disregarded what he qualified as “false information” regarding the arrest of Telegram CEO Pavel Durov. In a social media post, Macron stressed that the arrest was part of an investigation carried out by the judiciary and that it was “in...
Bitcoin’s Rough September Price History Raises Questions for 2024
27.8.2024
As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73%...
What Sets Utherverse Apart From Other Metaverse Offerings With Founder and CEO Brian Shuster
27.8.2024
Utherverse has operated the most successful Metaverse platform in history, with more than 50 million uses worldwide since the launch of their first generation metaverse in 2004. They are now in Beta testing of their third commercial generation metaverse which is designed as a platform upon which...
The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut
27.8.2024
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However...
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
27.8.2024
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and a governance token named SKY, both slated for...
New Crypto Launch to Watch: Base Dawgz Meme Coin Presale Ends in Days Over $3M Raised
27.8.2024
Base Dawgz (DAWGZ) has got investors buzzing as it nears the end of its presale phase. With over $3 million in the bag and less than two days to go, DAWGZ is beginning to generate huge traction before its first DEX listing. Final Countdown for Base Dawgz Presale with DEX Listings on the Horizon...
Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January
27.8.2024
Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan. 1. Bitcoin...
US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows
27.8.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Bitcoin ETFs Enjoy 8th Straight Day of Inflows With $202M Boost...