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Ripple Doubles Contribution to Fairshake PAC to Promote Crypto in 2024 Elections
29.5.2024
Ripple announced a $25 million contribution to Fairshake, a federal super Political Action Committee (PAC) supporting pro-crypto political candidates in the 2024 elections. This follows a similar $25 million contribution made in 2023. The investment is part of a broader industry effort to promote...
Bitcoin finds ‘another’ use case via BTCfi — DLC.Link co-founder
29.5.2024
DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more
Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
29.5.2024
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and...
Canada Warns of Rising Pig Butchering and Crypto Investment Scams
29.5.2024
The Canadian Anti-Fraud Centre (CAFC) has warned about a surge in cryptocurrency scams targeting Canadian citizens.
The post Canada Warns of Rising Pig Butchering and Crypto Investment Scams appeared first on Cryptonews
Arkbit crypto mining MLM fraud busted by Texas regulators
29.5.2024
Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies
Binance listing rules update opens doors for smaller projects; RWA tokens find opportunity to become Unicorns
29.5.2024
Most cryptocurrencies around the market get traction due to their utilities, adoption, and popularity, and exchange listing plays a significant role. The Real World Asset (RWA) sector is one of the trending narratives within the crypto market, and it is getting a substantial number of eyeballs....
Binance official’s wife demands medical care for detained husband
29.5.2024
Mark Mordi, Gambaryan’s legal representative, notified the court on May 22 that his client had been unwell since the previous trial date and was still experiencing health problems
Nomura, Laser Digital and GMO Internet Partner to Explore the Issuance of Stablecoins in Japan
29.5.2024
Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of stablecoin issuer GMO-Z, have partnered to explore the issuance of U.S. dollar and yen based stablecoins in Japan. The partnership also contemplates the development of...
Top Crypto Gainers Today on DEXScreener – KING, SWAPUZ, MOJO
29.5.2024
Its been a tame start to the week for cryptocurrency markets, with most major coins locked within recent ranges, though admittedly close to multi-week highs, and with traders hunting top crypto gainers today instead turning to the more volatile and unpredictable on-chain altcoin markets.
The post...
Bank of Israel Launches Digital Shekel Challenge
29.5.2024
The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative...
US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme
29.5.2024
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua”...
Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency
29.5.2024
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that Argentine companies...
Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals
29.5.2024
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices...
Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
29.5.2024
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that...
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
29.5.2024
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly...
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
28.5.2024
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activity. Conversely, Blackrock’s IBIT...
Binance France changes ownership following regulator warning
28.5.2024
Former CEO Changpeng Zhao cannot be Binance's beneficiary if it wants to keep its French license
UK Digital Bank Blocks Clients From Performing Crypto Transactions
28.5.2024
The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline...
Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
28.5.2024
The hostile offer comes after a private offer to the board was rejected in April
Vanguard files exclusive fund with stress being on cryptocurrency
28.5.2024
Investment giant, Vanguard, has filed its initial exclusive fund, inclined towards crypto oriented articles. This has been done with the Securities and Exchange Commission (SEC). The funds are meant to monitor the overall capabilities of an index that calculates investment returns pertaining...