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Are politicians using crypto to influence the US elections?
4.7.2024
In a fraught election year, crypto-user demographics are aligning with those of highly sought “swing voters,” says a TCU researcher
Crypto for Advisors: Is Crypto Too Volatile?
4.7.2024
Bitcoin’s volatility is expected to continue declining with every halving. The next one, scheduled for 2028, will render bitcoin four times as scarce as gold. Increasing retail and institutional adoption of this technology is also bound to decrease volatility structurally over time
Bitcoin Hits New Low Since February, Options Market Stays Optimistic
4.7.2024
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
4.7.2024
Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from...
Tangem introduces Visa-integrated crypto wallet for secure payments
4.7.2024
Self-custodial crypto wallet provider Tangem has developed a new wallet integrating direct payments through Visa
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
4.7.2024
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase...
Insider trading allegations hit Khamzat Chimaev’s Smash token
4.7.2024
The distribution of Smash tokens raises insider trading concerns, adding another red flag to celebrity memecoins
Nigerian SEC mandates local offices for crypto firms
4.7.2024
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring
South Africa Approves 63 Crypto Asset Service Provider License Applications
4.7.2024
South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably,...
$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?
4.7.2024
Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon
MetaMask and Meld team up to boost global crypto access
4.7.2024
The famous cryptocurrency wallet, MetaMask, is expanding its international presence and making it easier for users to access its services. This partnership with Meld, a cutting-edge financial technology firm, aims to connect diverse regions including North America, Europe, and Africa. It will...
German gov’t transfers $172M in Bitcoin to multiple locations
4.7.2024
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet
UAE’s Zand Bank to Offer Crypto Services
4.7.2024
Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain...
Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
4.7.2024
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
4.7.2024
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities
SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy
4.7.2024
A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist
Bitcoin Plunges Under $59K as Crypto Bulls See $230M Liquidations
4.7.2024
Solana’s SOL and dogecoin (DOGE) lead losses among major tokens, with the CoinDesk 20 index down 4.8%
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
4.7.2024
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised...
Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty
4.7.2024
A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began...
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
4.7.2024
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using Liqi, a tokenization platform, and aims to issue over...