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Central Bank of Bolivia Unbans Bitcoin From the Nation’s Financial Ecosystem
28.6.2024
The Central Bank of Bolivia has lifted a blanket ban on using bitcoin and other cryptocurrencies in the national financial system, opening the doors for integrating exchanges and other crypto service providers into its economy. The institution derogated a 2020 resolution prohibiting financial...
Ark 21Shares Officially Files for Spot Solana ETF
28.6.2024
In This Post ARK Invest, led by Cathie Woods, files for Spot ETF ARK 21Shares is a partnership between 21Shares and Ark Invest VanEck took the crypto community by storm after announcing its filing for Solana Spot ETF, becoming the first entity to do so. But in the competitive industry, players...
Jason Derulo Hints at Major Collabs for Crypto Projects
28.6.2024
In this post Hollywood’s Jason Derulo has triggered a memecoin frenzy with his recent post on X. Celebrities tap into the memecoin frenzy. Pop star Jason Derulo, known for his global musical hits, has now entered the cryptocurrency world with the $Jason token. Today, Derulo posted on his...
Analysts Expect Solana’s Price to Hit $1300 Amid ETF Filings
28.6.2024
In this post SOL jumped by almost 10% after VanEck filing went live. Solana bulls and the overall crypto market outlook are optimistic, pinning SOL’s price at $1320 in a few months. Since the beginning of the year, the cryptocurrency market has seen crypto ETFs take root in American markets....
T-Rex Group Files for Leveraged ETFs Targeting Microstrategy’s Bitcoin-Heavy Portfolio
28.6.2024
T-Rex Group has filed for exchange-traded funds (ETFs) that aim to leverage the daily performance of Microstrategy Incorporated (MSTR). The proposed ETFs will take 2x long and 2x inverse positions in MSTR, magnifying its daily stock performance by 200%. T-Rex Group Files for Microstrategy ETFs...
VanEck files for first-ever US Solana ETF, targeting DeFi growth
28.6.2024
VanEck has registered its initial exchange-traded fund (ETF), the VanEck Solana Trust, which will help investors understand Solana (SOL), a blockchain with enormous output and cost-effective transactions. This is following the Securities and Exchange Commission (SEC) ‘s leaning towards spot...
Coinbase and Stripe partner to accelerate global crypto adoption
28.6.2024
Coinbase has announced a partnership with Stripe. The idea is to fuel the global adoption of cryptocurrencies and blockchain technology. Both companies will bring their strengths to the table to cement the collaboration. For instance, Stripe has committed to add USDC on Base to their crypto payouts...
Grayscale report: Mixed performance YTD, Ethereum in focus for Q3
28.6.2024
Grayscale has published a report to assist the community in enhancing its understanding of the crypto sphere. The idea is also to provide a reasonable roadmap to investors so that they can navigate their way around volatility. A summary of the report talks about why the focus will be on Ether...
Tezos X: A scalable, composable, and interoperable future for Tezos
28.6.2024
Tezos is a blockchain platform designed to solve the most basic issue of the ecosystem – salability. It essentially deals with the issue by keeping it ready for upgrade and future-proofing its operations. Simply put, no matter what happens in the future and how vastly the ecosystem expands...
Kraken’s Jesse Powell donates $1M in ETH to Donald Trump
28.6.2024
In this post Biden and Trump’s first presidential debate results are in favor of Trump, and the crypto community has responded. Jesse Powell has donated $1 million in crypto to Trump’s presidential campaign. Powell blames Elizabeth Waren and Gensler for the U.S. failed crypto market. Joe Biden...
Nigeria’s SEC boss says crypto can aid 38M unbanked
28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home
Crypto platform Yield App shuts down citing FTX losses
28.6.2024
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact
Cardano integrates IBC for connectivity and Interchain access
28.6.2024
Cardano recently announced that it will integrate the IBC Protocol to enhance connectivity from Cosmos to Ethereum. The development will also allow Cosmos to gain access to the Interchain ecosystem. IBC has been designed to facilitate data exchanges and transactions across multiple blockchains....
Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks
28.6.2024
The change in regulatory stance marks the end of a ban on crypto use in the country that began in 2014
Bitcoin activity drops to lowest level since 2010
28.6.2024
The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies
History Associates joins Coinbase in FDIC legal battle
28.6.2024
The History Associates suit aims to hold the FDIC and other regulatory agencies accountable for their actions and ensure transparency in their regulatory practices
Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
28.6.2024
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment...
Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
28.6.2024
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage...
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
28.6.2024
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online...
SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities
28.6.2024
The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer of settlement from Lufkin Advisors, which the SEC has accepted. The SEC found that Lufkin Advisors engaged in fraudulent activities, including...