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Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
23.7.2024
Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO
India Maintains Crypto Tax Regulations in 2024/25 Budget
23.7.2024
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India....
10 years on: How Ethereum’s ICO changed the crypto landscape
23.7.2024
Nick Johnson, lead developer of the Ethereum Name Service, shared his thoughts and memories of Ethereum on its 10th anniversary
Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
23.7.2024
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian...
Is Trump right to worry that China could ‘take over’ crypto?
23.7.2024
Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized assets like BTC?
US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch
23.7.2024
Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows...
XRP price hasn’t seen $1 since 2021 — But this could change in Q4
23.7.2024
Three big catalysts for a potential XRP price boom include technicals, significant whale accumulation, and the nearing resolution of Ripple’s legal battle with the SEC
Nansen launches industry-first Ether ETF analytics dashboard
23.7.2024
The new Ether ETFs could also increase institutional investor participation, according to a Nansen analyst
Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi
23.7.2024
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260
Kamala Harris Urged to Embrace Digital Assets
23.7.2024
The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with...
VanEck Ethereum ETF receives SEC green light
23.7.2024
After three years of filings, the VanEck Ethereum ETF has received SEC approval, offering investors a regulated way to gain exposure to Ether in the US
Crypto Exchange Gate.io Exits Japan
23.7.2024
Crypto exchange Gate.io has terminated its services in Japan, it announced on Monday, suggesting a lack of compliance in the nation
NPC Labs Secures $18 Million in Seed Round to Bring Gamefi to Non-Crypto Native Users
23.7.2024
NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures...
Worldcoin denies insider trading and price manipulation allegations
23.7.2024
A Worldcoin spokesperson told Cointelegraph that people covered by their policies are prohibited from disclosing confidential information relevant to WLD purchasing decisions
Daily Crypto Update: Bearish day puts top tokens in a minor slump
23.7.2024
After a quick bullish session, the crypto market is showing signs of correction. The majority of the top cryptocurrencies have been unable to establish a consistent rhythm over the past 24 hours. From Bitcoin and Ethereum to Cardano, the top 10 cryptocurrencies (barring USDC and USDT stablecoins)...
Indian finance minister ignores crypto industry’s budget tax plea
23.7.2024
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base
Grayscale transfers $1B ETH to Coinbase a day ahead of Ether ETF launch
23.7.2024
The transfer occurred a day ahead of the launch of the first spot Ether ETFs in the United States, which are expected to start trading on July 23
Telegram Reaches 950 Million Monthly Active Users
23.7.2024
Telegram, the popular messaging app, has reached 950 million monthly active users worldwide, according to its founder Pavel Durov. The app has served as a platform for the popularization and growth of several cryptocurrency projects featuring tap-to-earn mechanics, such as Notcoin and the recently...
Marathon Digital fined $138M for non-circumvention agreement breach
23.7.2024
Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho
South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection
23.7.2024
Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a parliamentary session on Monday, Kim, a former vice finance...