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Biggest Movers: BCH 5% Higher on Monday, XLM Avoids Drop Below Support

7.8.2023
Bitcoin Cash was one of Monday’s biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point....

Rumors of Insolvency and Chinese Probes Cause Huobi Crypto Exchange TVL to Drop to $2.5 Billion

7.8.2023
Popular cryptocurrency exchange Huobi has experienced significant outflows of funds and a decline in its total value locked (TVL) amidst rumors of insolvency and Chinese investigations. Between August 5 and 6, Huobi saw outflows totaling $64 million, causing its TVL to drop to $2.5 billion, down...

Sino Global Files $67M Claim Against FTX-Alameda

7.8.2023
Sino Global invested in tokens heavily affected by the decline of Sam Bankman-Fried's FTX crypto empire and partnered with FTX on a fund raised with outside investors' capital

Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

7.8.2023
In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its supply over the preceding 30 days. Unstable Times...

G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules

7.8.2023
The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed to enforce international standards in the field and adequately minimize associated risks. India’s...

INSR Token to be Listed on MEXC Global Exchange on August 7

5.8.2023
PRESS RELEASE. MEXC is excited to inform that the revolutionary cryptocurrency INSR Token, aimed at providing secure investments on decentralized pre-sale platforms, will be officially listed on the MEXC Global Exchange on August 7. This listing represents an important milestone for the INSR Token...

Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner

4.8.2023
The filing comes around the same time the firm requested permission to offer a bitcoin-future ETF

Binance Appoints New Deputy Chief Compliance Officer and Global Money Laundering Reporting Officer

4.8.2023
On Thursday, Binance announced Kristen Hecht as the new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO), a new role amid potential fraud charges from U.S. regulators. Amid ongoing investigations into its practices, Binance has witnessed the departure...

Bitcoin’s Rollercoaster Year: A 29% Gain From August 2022 to 2023 Despite Recent Dips

4.8.2023
Over the past 30 days, bitcoin has dipped by 5%, yet the leading cryptocurrency has seen a gain of 29.05% from August 3, 2022 to August 3, 2023. Moreover, BTC’s value in 2023 alone has surged more than 75% against the U.S. dollar, standing at $5,800 above the crypto asset’s mean...

Canadian Digital Asset Ownership Plummets Amid Global Regulatory Uncertainty: Bank Of Canada

4.8.2023
Cryptocurrency ownership in Canada declined in 2022 due to a plethora of factors including uncertainty in regulation, fear of digital asset scams, and unfavorable market conditions. A new survey, the Bitcoin Omnibus Survey (BTCOS) by the Bank of Canada highlights the trend of digital assets...

Severní Korea okopírovala velké americké drony Global Hawk a Reaper

4.8.2023
Severní Korea nedávno představila dva nové velké drony • Na první pohled jde o věrné kopie úspěšných amerických dronů • Zůstává samozřejmě otázkou, jaké jsou reálné možnosti těchto okopírovaných strojů

Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally

4.8.2023
Russia says that a common BRICS currency is unlikely to be feasible in the near future but the process of de-dollarization of the global economy is inexorably underway. Russian Press Secretary Dmitry Peskov added that many countries, including those that do not face sanctions, are gravitating...

FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy

3.8.2023
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...

Biggest Movers: XRP, DOGE Bear Run Continues, Sending Prices to Multi-Week Lows

3.8.2023
XRP was one of Thursday’s notable movers, as the token dropped to a multi-week low in today’s session. The decline comes as the global market cap fell by as much as 2% over the course of the day. Dogecoin also declined, falling for a third consecutive session. XRP XRP, formerly...

AI Investment Could Reach $200B Globally by 2025: Goldman Sachs

3.8.2023
Generative AI has huge economic potential and could boost global labor productivity, the report said

Twitch Bans Promotion Of Counter-Strike Gambling

3.8.2023
Streaming megasite Twitch has updated its community guidelines, and now prohibits streamers from promoting or being sponsored by Counter-Strike: Global Offensive skin gambling sites. This new ban could impact many CS:GO streamers who have lucrative deals with these controversial websites. Read more

Japanese Yen Hits 20-Year Low Against US Dollar; BOJ Maintains Loose Policy Amid Inflation Pressures

2.8.2023
In the last month, Japan’s official currency has dipped slightly more than 1% in comparison to the U.S. dollar. Then, on Tuesday, the Japanese yen plummeted to its weakest position against the greenback in over 20 years, a shift that came after the Bank of Japan opted to keep its extremely...