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Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
8.10.2024
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding...
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
5.10.2024
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard....
‘Uptober’ Turns ‘Octobear’? Crypto Market Bleeds $200 Billion Since October
4.10.2024
The month of October began with social media slogans of ‘Uptober’, but turns out it has now turned…
OpenAI raises an additional $6.6B at a $157B valuation
2.10.2024
In February 2024, the artificial intelligence company was valued at approximately $80 billion and has grown considerably since that time
Coinshares: Inflows Into Digital Asset Products Reach $1.2 Billion
30.9.2024
Coinshares, through its lead research analyst James Butterfill, has reported a third consecutive week of inflows into digital asset investment products. Total inflows amounted to $1.2 billion, reflecting a reaction to continued expectations of dovish U.S. monetary policy. Bitcoin Drives $1 Billion...
Trump Inches Closer to Harris on Polymarket as Betting Passes $1 Billion
30.9.2024
Kamala Harris only leads by one percentage point, but is set to carry most of the swing states
Bitcoin ETFs Pull in Nearly Half a Billion as Ethereum ETFs Join the Party
28.9.2024
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data...
Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD
28.9.2024
According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding the total crypto purchases of 2023. This indicates...
Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply
27.9.2024
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2%...
$1.1B TIA token release to push October’s crypto unlocks to almost $2B
27.9.2024
Celestia tokens worth $1.1 billion will be unlocked on Oct. 31, while $300 million in Cheelee tokens will be released on Oct. 10.
US Authorities Bust Billion-Dollar Crypto Laundering Network, Charge 2 Russians
27.9.2024
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash, enabled criminals to bypass regulations and funnel...
Binance Founder CZ To Leave Prison Today With His $60 Billion Fortune
27.9.2024
On Friday, Binance Founder, Changpeng Zhao (CZ) will leave prison as a free man for the first time…
Terror victims claim DOJ withholding their cut of $4.3B Binance penalty
26.9.2024
Four people who are victims or family of victims of state terrorism sued the Justice Department claiming it hasn't put the billions from Binance's settlement into a victim fund
Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says
26.9.2024
Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes...
MicroStrategy raises $1.01B for Bitcoin acquisitions
20.9.2024
MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment
MicroStrategy raises $1.01B for Bitcoin acquisitions
20.9.2024
MicroStrategy has completed a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment
Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
18.9.2024
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within...
USDT on TON chain surpasses $1 billion: Token Terminal
17.9.2024
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC)
USDT Reaches $1 Billion Authorized Issuance on TON
17.9.2024
Tether’s USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However, TON clarified that only $720.6 million was...
Latam Insights: Brazilian Federal Police Cracks Down on $9.7 Billion Crypto Money Laundering Rings, Brazil Uses AI to Detect Crypto Tax Fraud
16.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings, Brazil uses an artificial intelligence (AI) tool to detect tax fraud linked to cryptocurrency...