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Daily Crypto Update: Mid-week Fluctuations see Bitcoin Surging 2.5%
22.8.2024
The crypto industry underwent another mid-week wave of fluctuation. The development saw Bitcoin and Ethereum gaining back some…
Vitalik Buterin Warns Against the Limitations of Anonymous Societies in DAOs, Calls for a New Identity Model
22.8.2024
Vitalik Buterin, co-founder of Ethereum and a titan in the blockchain space, recently voiced his skepticism on the…
Arizona AG Warns Scammers Always Find New Ways to Steal Your Money With Crypto
22.8.2024
Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable individuals, especially seniors. These scams include fraudulent investment schemes, impersonation of businesses or government entities, and blackmail, exploiting...
QR Code Scams: TN Attorney General Issues Warning
22.8.2024
The Tennessee Attorney General’s Office has issued a QR code scam alert, warning consumers about fraudulent QR codes used in various scams, including fake cryptocurrency investments. Consumers are urged to verify sources, check codes for tampering, and use secure scanner apps. Tennessee...
Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year
22.8.2024
Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk management system identified and blocked suspicious transactions, particularly during crypto...
German Authority Seizes 13 Unauthorized Crypto ATMs
22.8.2024
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German...
Skyfire launches blockchain payment network that lets AI spend your money
21.8.2024
The company is currently focused on B2B, but there are countless potential applications for consumers
Skyfire launches blockchain payment network that lets AI spend your money
21.8.2024
The company is currently focused on B2B, but there are countless potential applications for consumers
Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy
21.8.2024
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism...
Crypto Fund Settles With NFA Over $2.5M Bitcoin Loan
21.8.2024
Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations of an illicit bitcoin loan, according to an Aug. 20 decision by an NFA hearing panel. The fine addresses the fallout from the industry-wide liquidity...
Highest Court of China Moves to List Virtual Asset Transactions as a Money-Laundering Tool
21.8.2024
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have issued a joint document that interprets the current money laundering law and defines several issues related to its application. In this interpretation, the...
Crypto firms contributed 48% of all corporate political donations in 2024: Report
21.8.2024
Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially "tip control of Congress one way or the other."
Crypto firms contributed 48% of all corporate political donations in 2024: Report
21.8.2024
Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially "tip control of Congress one way or the other."
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
21.8.2024
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy...
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
21.8.2024
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand...
Dormant Bitcoin Wallets From 2013 and 2014 Come Alive Moving $20.3M
21.8.2024
As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million at today’s rates. 2 Vintage Bitcoin Wallets Suddenly Awaken, Moving $20.3 Million On Wednesday, a bitcoin...
Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager
21.8.2024
Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms...
Can Tether’s Dirham Stablecoin Drive Crypto Adoption in UAE?
21.8.2024
Word in the crypto world has it that the UAE is set to launch a Dirham-pegged stablecoin in…
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held