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US Authorities Bust Billion-Dollar Crypto Laundering Network, Charge 2 Russians
27.9.2024
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash, enabled criminals to bypass regulations and funnel...
Bitcoin buyers throw $366M into US ETFs as BTC pushes above $65K
27.9.2024
Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs.
Bukele Highlights El Salvador’s Rebirth, Warns About Upcoming ‘New Dark Age’ at United Nations
27.9.2024
President Nayib Bukele highlighted El Salvador’s achievements since his first term, referring to the country’s economic revival and improved personal security before the United Nations General Assembly. Bukele also warned about worsening global conditions, stating that humanity...
Bitcoin Retraces From $65,000; Is the Bull Run Finally Here?
27.9.2024
After enduring a rough patch defined by steep drops, Bitcoin (BTC) has made a strong comeback, reclaiming the…
Turkey Scraps Planned Crypto Tax, Targets Economic Reforms
27.9.2024
Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about...
Putin: BRICS Nations Developing Own Payment and Settlement System
27.9.2024
Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and BRICS’s autonomy in global trade amid broader economic...
Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
27.9.2024
Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.”
Paypal Rolls Out Crypto Features for Business Accounts
27.9.2024
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including...
Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express
27.9.2024
Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express
Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’
27.9.2024
Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation.'” He criticized U.S. Securities and Exchange Commission (SEC) Gary Gensler’s regulation by enforcement...
BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’
27.9.2024
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative...
Phantom Wallet Joins Dydx, Easing Access for 7 Million Users
27.9.2024
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized...
Wrapped Bitcoin supplied on Aave hits record high despite backing fears
27.9.2024
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama
Bitcoin rallied above $65K, but will BTC price hold this level?
26.9.2024
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?
Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs
26.9.2024
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence...
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
26.9.2024
Bitcoin’s strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support
Analysts Link Silver Bull Market to Upcoming Macroeconomic Crisis
26.9.2024
Analysts from the Kobeissi Letter, a global capital markets commentary, have assessed that the behavior of silver, which is experiencing a larger bull market than gold, may forecast a significant upcoming macroeconomic crisis. According to Kobeissi, silver and gold could anticipate a similar...
The key misunderstanding with China's purported BTC hashrate dominance
26.9.2024
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%
Crypto.com Unveils AI-Powered SDK for Blockchain Developers
26.9.2024
Crypto.com has introduced a new artificial intelligence (AI) tool designed to aid developers in integrating natural language capabilities with blockchain functions. The new software development kit (SDK) aims to streamline development within the Web3 ecosystem by enabling easier interactions with...
Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip
26.9.2024
Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company’s technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode,...