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GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation
8.5.2024
PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a top international VC fund. The agreement will see Bitscale...
Worldcoin CEO Met With Argentine Government Officials Amidst Ongoing Probes
8.5.2024
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials of President Milei’s administration. The objective behind these meetings would be to clarify this project’s objectives given that it has found...
Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal
8.5.2024
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'
8.5.2024
Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
8.5.2024
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others...
US Sanctions Lockbit Leader in Ransomware Crackdown
8.5.2024
On May 7, the U.S. announced sanctions against Dmitry Yuryevich Khoroshev, a key figure in the Lockbit ransomware group. The U.S., alongside international allies including the UK and Australia, has taken coordinated measures to curb the activities of this prominent cybercriminal group. Khoroshev...
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
8.5.2024
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a $6 million seed round in June 2022 to build out its usage-based revenue model for content creators....
Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?
8.5.2024
Fidelity's latest report forecasts a massive surge for Bitcoin, predicting an imminent climb towards the $100,000 mark, bolstering investor confidence in BTC's potential.
The post Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?...
Nigerian SEC to ‘Delist’ Local Currency From P2P Crypto Trading Platforms
8.5.2024
The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He insisted that the decision to delist the naira aims to eliminate the manipulation of the local currency by...
Elon Musk Meets President Milei, Reccomends to Invest in Argentina
8.5.2024
Elon Musk, the billionaire entrepreneur and CEO of Tesla and Spacex, called to invest in Argentina after meeting with Argentine President Javier Milei. Musk and Milei met for the second time in less than a month after Milei participated in the Milken Institute Forum, an event that gathers important...
P2P XMR Exchange Localmonero/Agoradesk Announces Closure After Seven Years of Operation
8.5.2024
In a recent announcement, Localmonero/Agoradesk, a popular platform for trading monero (XMR), has decided to wind down its operations after nearly seven years. The decision, influenced by a mix of internal and external factors, initiates a six-month winding-down process starting from May 7, 2024....
Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances
8.5.2024
Purchases from foreign cryptocurrency exchanges, considered imports, have broken records in Brazil, putting some weight into the nation’s trade balance. During the last 12 months, cryptocurrency purchases reached $14.84 billion, after reaching $12.3 billion last year. Likewise, crypto imports...
Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
8.5.2024
Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs).
The post Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs appeared first on Cryptonews
2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish
8.5.2024
The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
8.5.2024
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. RBI Governor...
Crypto Trading Firm Wintermute to Provide Liquidity for Hong Kong Bitcoin and Ether ETFs
8.5.2024
Looking to strengthen its market share in the Asia region, Wintermute will become a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds
Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW
8.5.2024
On a mostly bearish day in the cryptocurrency market on Tuesday, Render (RNDR), Kaspa (KAS) and Tron (TRX) are top crypto gainers today and some of the only coins trading in the green over the past 24 hours.
The post Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW appeared first...
Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
8.5.2024
A new SEC filing has uncovered Susquehanna as a billion-dollar owner of the new Bitcoin ETFs.
The post Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs appeared first on Cryptonews
Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer
8.5.2024
The famous hacker from Poloniex who caused the Bitcoin exchange's security breach the previous year is again on the loose. In an attempt to launder the stolen money, the burglar transferred 1,100 Ethereum (ETH), worth $3.4 million, to the authorised cryptocurrency mixer Tornado Cash on May 7.
The...
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
8.5.2024
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it...