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Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects
20.7.2024
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli M. Remolona...
Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal
20.7.2024
Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted bitcoin from crypto exchange Kraken as part of a sponsorship deal, highlighting his belief in...
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
19.7.2024
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in November 2022, is now collaborating with Coinbase...
Grayscale announces plans for Bitcoin ETF spinoff
19.7.2024
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC
Crypto community reacts to Windows-CrowdStrike outage as blockchains unaffected
19.7.2024
Many crypto community members noted that blockchains’ decentralized nature allowed them to continue running despite widespread outages across the global economy
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
19.7.2024
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited...
Price analysis 7/19: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
19.7.2024
Bitcoin turned up sharply and broke above the overhead resistance, indicating the resumption of the upmove toward $70,000
Bitcoin price soars above $66K as crypto market momentum ramps up
19.7.2024
Bitcoin price surged to a new 1-month high near $67,000 as a variety of bullish factors converged to push cryptocurrencies higher
Momint Secures Grant from Dfinity Foundation for Global Blockchain Expansion
19.7.2024
Momint, a Web3 startup, is poised for global expansion after securing a $50,000 grant from the Dfinity Foundation. This Swiss non-profit organization, known for its blockchain R&D, awarded the grant through the Internet Computer Protocol (ICP) Hub of Southern Africa. Momint plans to integrate...
Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
19.7.2024
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more
Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
19.7.2024
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak
Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves
19.7.2024
Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its CEO, Brandon Mintz, this move will allow company...
Creating BTC Growth Points: GoMining Vision
19.7.2024
From the early days of pizzas costing thousands of bitcoin to astronomical growth and increasing acceptance around the world, Bitcoin has been on quite a journey. The most recent “earthquake” was the 2024 bitcoin halving, which has forced companies to adapt to a new mining landscape....
Bitcoin oversold after German gov’t sell-off — ARK Invest
19.7.2024
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark
Fantom Foundation and Sonic Labs Tap Alchemy to Boost Performance and Scalability for Opera and Sonic
19.7.2024
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic. Alchemy will contribute RPC support and key development tools to developers on Opera,...
Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?
19.7.2024
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country's Bitcoin holdings for the party's goals
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
19.7.2024
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an all-time high in blockchain venture funding deal...
Hamster Kombat Continues Rising in Pre-Market Trading as New P2E Token Shiba Shootout Raises $700k
19.7.2024
The meme coin market has flipped bullish again over the past week. Hamster Kombat (HMSTR) is doing well in pre-market trading, leaving traders buzzing about its upcoming exchange launch. Meanwhile, everyone’s wondering if Shiba Shootout (SHIBASHOOT), the new Wild West-themed meme coin, can match...
KPMG Establishes Strategic Alliance With Cryptio
19.7.2024
KPMG LLP, the U.S. audit, tax, and advisory firm, has announced a strategic alliance with Cryptio, a crypto accounting software platform. This collaboration aims to help companies establish controls for better accounting of crypto assets, meeting US GAAP accounting and reporting obligations....
Bitcoin bulls charge toward $66K as BTC price eyes new 1-month high
19.7.2024
Bitcoin wakes up at the Wall Street open with bulls in the driving seat for another snatch at the highest BTC price levels since mid-June