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Bloomberg and Better Markets Are Wrong About Crypto
28.8.2024
Crypto is far from the currency of choice for financial predators, says former CFTC Commissioner Fred Hatfield. That’s really the U.S. dollar
Coinflip Expands Cryptocurrency ATM Services to Mexico
28.8.2024
Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Coinflip Introduces Digital Currency...
Analyst Predicts 2024 Crypto Bull Run is About to Begin
28.8.2024
As the year 2024 is set to wind up its eighth month, it looks like the stage is…
New Crypto Launch to Watch: PlayDoge Goes Live Tomorrow, Last Chance to Invest
28.8.2024
The crypto market is heating up as PlayDoge (PLAY) nears the end of its presale. This new meme coin has raised over $6.3 million and is attracting investors’ attention with its Play-to-Earn (P2E) angle. With just one day left to participate in the presale, investors are jumping at the chance...
ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs
28.8.2024
On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less...
Japan eyes Web3 growth with startup-focused tax reforms
28.8.2024
Japanese minister Takeru Saito hopes to create an environment to lure businesses and developers worldwide
ICP claims it’s achieved a first by hosting ‘fully onchain’ AI model
28.8.2024
An AI company deployed OpenAI’s GPT-2 on the ICP blockchain aiming to test new ways to train, maintain and deploy AI models.
Lemniscap secures $70M to back early-stage Web3 startups
28.8.2024
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems.
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances
28.8.2024
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move aims to provide a 30-day relief period for Wazirx to reorganize liabilities through...
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
28.8.2024
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held
Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund
28.8.2024
Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and other investors this year. Hilbert Group Partners...
South Korean crypto CEO stabbed in court during Haru Invest fraud trial
28.8.2024
The courtroom stabbing comes weeks after a Chinese gang robbed over $2 million worth of crypto at gunpoint in a luxury estate in Thailand.
Fed’s ‘sugar high’ may propel Bitcoin surge: Arthur Hayes
28.8.2024
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds
Washington State Regulator Warns of Potential Fraud by BIB Crypto Platform
28.8.2024
The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to...
Daily Crypto Update: Market loses steam, and Bitcoin dips 5%
28.8.2024
Tuesday brought a grim outlook for the crypto market as most assets lost immense value. Even the market…
Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police
28.8.2024
Australia's national police agency has warned that Australians lost at least Australian dollars 180 million of cryptocurrency ($122 million) in investment scams in just 12 months, "urging all to be extra aware of the proliferation and sophistication of scams," an announcement on Wednesday said
Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
28.8.2024
Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted
$1.3T in tokenized RWAs by 2030 more likely than $30T — Analyst
28.8.2024
A Wall Street forecast may be overshooting the amount of money that could flow into tokenized real-world assets by 2030, says one analyst
Salvadoran Educational Nonprofit Mi Primer Bitcoin Risks Running out of Funds
28.8.2024
Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September according to statements from its founder John Dennehy. Dennehy declared that while they expect to receive multiple grants by the end of the year, they need additional...
SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme
28.8.2024
The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal...