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Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days

14.6.2024
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further analysis reveals that since May 13, approximately $7.05...

US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions

14.6.2024
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions...

Hidden Road partners with Bitfinex after Bybit KYC issues

13.6.2024
After halting support for BybBit’s crypto services in May 2024, Citadel-backed Hidden Road inked a new crypto partnership with Bitfinex exchange

Ripple & Archax drive millions in assets to XRP Ledger

13.6.2024
XRPLApex 2024, Amsterdam—A major development for growth and progress in the field of enterprise blockchain and cryptocurrency, Ripple has announced a partnership with Archax, which is the first digital asset exchange broker and the custodian to be regulated by the Financial Conduct Authority in...

Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops

13.6.2024
A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into nontraditional currencies threatens to further erode...

Uzbek Court Sentences Student to 10 Days in Prison for Crypto Sales

13.6.2024
A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling cryptocurrency notcoin. Termez State University is a public institution located in the capital of Surkhandarya province, Uzbekistan. The court found him guilty of violating laws...

Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders

13.6.2024
Former U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his support for the industry. Trump stressed that bitcoin mining “may be our last line of defense” against a central bank digital currency (CBDC)....

Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies

13.6.2024
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President Joe Biden’s regulatory measures. Trump promised to protect...

Bill Miller Explains Why Bitcoin Is Still Undervalued

13.6.2024
Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencies, which are subject to human control...

McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter

12.6.2024
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge

Fringe to Forefront: the Institutional Embrace of Digital Assets

12.6.2024
Bitcoin and other major assets offer unique advantages to investors seeking growth and diversification, says Jason Leibowitz

MetaMask enables pooled staking for Ethereum holders

12.6.2024
MetaMask said that 99% of ETH holders do not have the required 32 ETH to participate in Ethereum staking

Crypto hacks soar to $19B in 13 years: Crystal Intelligence

12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud

Experts Say Dollar Dominance Debate Misses the Point, US Needs Economic Focus

12.6.2024
Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t focus on how the dollar’s future will evolve. They warned: “If the U.S. doesn’t keep its house in better order, dollar dominance will be the least of our worries.”...

Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million

11.6.2024
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces...