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An Avalanche Reawakening
30.7.2024
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Dexter of Blocmates explains Avalanche’s exciting forthcoming update, Avalanche Community...
Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil?
30.7.2024
On Monday, July 29th, Bitcoin declined by 2.12% following reports that the United States government had transferred $2 billion worth of Bitcoin to newly generated digital addresses. After edging upwards slightly on Sunday, Bitcoin closed the previous session at $66,810. Earlier that day,...
Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
30.7.2024
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39, are charged with conspiracy to defraud and possession of 5,000 counterfeit banknotes. According to Hong Kong laws...
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
30.7.2024
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina, Brazil, Colombia, and Mexico, indicates that the number...
US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
30.7.2024
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven by rising expenditures and interest costs outpacing...
Crypto ETFs to hit ‘model portfolios’ toward year end: BlackRock
30.7.2024
“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
30.7.2024
The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is working to recover...
‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge
30.7.2024
The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected
Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years
30.7.2024
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that...
4 suspects forced a Bitcoiner to transfer BTC before killing him, police say
30.7.2024
Kyiv Police and the nation’s special police unit have arrested and detained four suspects believed to be responsible for the foreign national’s murder
Interpol Issues Red Notice for ‘Coin Young Master’ Who Threw Cash From Rooftop
30.7.2024
Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$6,000 from a rooftop. Wong faces charges of fraud and theft, including involvement in a HK$3 million cryptocurrency...
Blackrock Warns of Rising Crypto Investment Scams
30.7.2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted...
Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office
30.7.2024
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell...
First Bitcoin Capital-Funded Company Registered in Argentina
30.7.2024
A company with cryptocurrency capital has been registered in Argentina, marking the first time this has happened in the country. The company, which was registered with a capital of almost $500 in bitcoin and USDC, follows the enactment of a resolution that allows companies to receive contributions...
Bitcoin traders flag ‘inflection point’ in key futures market metric as BTC breaks range
30.7.2024
Crypto traders say Bitcoin is at an “inflection point” after BTC’s open interest rises and the cryptocurrency’s price pushes into a new range
Bitget and Nansen Study Highlights Community Impact on Token Price Predictions
29.7.2024
Bitget and Nansen Research teams have released a comprehensive report detailing the significant role community engagement plays in predicting token prices. The collaborative study underscores the importance of combining onchain and off-chain metrics for accurate price forecasting. Bitget and Nansen...
Bitcoin price closes in on all-time high as political and TradFi tone and tenor shift
29.7.2024
BTC price rallied as an improved regulatory outlook in the US and a series of improvements in the Bitcoin ecosystem altered investor expectations
Everything Bitcoin: L2s see wave of adoption, but security needs to catch up
29.7.2024
The Bitcoin 2024 conference showcased dozens of protocols driving innovation on the Bitcoin blockchain. Cointelegraph’s team explored the promises and challenges emerging around the world
US Authorities Split $2 Billion in Bitcoin Into 2 Wallets, Igniting Custody and Sale Speculation
29.7.2024
Following the U.S. government’s transfer of $2 billion in bitcoin, Arkham Intelligence reported that the federal agency divided the funds into two separate Bech32 bitcoin addresses: one containing 10,000 BTC and the other holding 19,799.99 BTC. Arkham speculates that the 10,000 BTC may have...
Crypto Crimes Turn Dark: Bitcoin Greed Causes a Casualty
29.7.2024
Since before Bitcoin and other cryptocurrencies became mainstream investment vehicles, they have been a means of executing cyber crimes. However, crimes affiliated with cryptocurrencies took a new shape this week, which also led to a casualty. Bitcoin Costs This Man More Than Just $70,000 Earlier...