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Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
22.8.2024
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners...
Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi
22.8.2024
Crypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient
Trader Suffers $150,000 Loss After Chasing NEIRO’s Peak
22.8.2024
A trader who spent $265,000 calling the top of $NEIRO on August 15 has just been liquidated in…
US Bitcoin ETFs Thrive With $39M Boost, Ethereum ETFs Experience $17M Decline
22.8.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $39.42 million to their gains. Meanwhile, the spot ether ETFs experienced a dip, losing $17.97 million during the day’s trading. Spot Bitcoin ETFs See Fifth Day of Inflows, Ether...
India’s crypto future hinges on DEA’s September consultation paper
22.8.2024
The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation
Campaign advisor assures Harris’ support for crypto industry
22.8.2024
Brian Nelson, the senior campaign advisor for policy, said that Kamala Harris was determined to offer support to…
Donald Trump’s Chances Jump Up by 53% on Polymarket. Will The Big Bet Pay Off?
22.8.2024
On Polymarket, running on the Ethereum blockchain, 53% of participants now believe that U.S. President Donald Trump will…
615 Crypto Scam Sites Dismantled by Australian Regulator
22.8.2024
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced detection techniques have enabled ASIC to swiftly take...
Gold-Backed and Ready to Shine: HAQQ Founders Share Story Behind Deenar Stablecoin
22.8.2024
HAQQ brings together the most reputable actors of Ethical finance in order to promote community-driven decentralized technologies worldwide. HAQQ is an EVM-equivalent chain, based on Cosmos SDK. The technology behind HAQQ makes it possible for any smart contract created on other EVM chains to...
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...