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Tesla Maintains Bitcoin Hoard in Q2 Financial Report


In its financial statements for the second quarter of this year, Tesla clarified that it had not offloaded any of its Bitcoin (BTC) for the eighth quarter in a row. The electric car maker currently has about 9,720 Bitcoins worth $640 million. This reserve was hence bought at an estimated total cost...

Mt. Gox Moved Bitcoin Worth $2.8 Billion in the Last 6 Hours


Mt. Gox, a Japanese crypto exchange, continued its Bitcoin payment plan to creditors today. According to on-chain data from Arkham Intelligence, Mt. Gox moved Bitcoin worth $2.805 billion in four hours. Mt. Gox continues its Bitcoin payment plan  Earlier today, the exchange transferred 37,477...

Wazirx Prepares Poll for User Input on Resuming Withdrawals and Trading


Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx co-founder Nischal Shetty. “We’re...

US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows


Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nearly Half a Billion Exits ETHE The newly...

South African Startup Neonomad to Launch Rand-Backed Stablecoin


Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...

2025 EU Crypto Landscape: MiCAR, TRF, and DORA Explained


As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational Resilience Act (DORA), will...

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