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Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
11.9.2024
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin...
Report: India Tops Global Crypto Adoption; Surge in Asia-Pacific
11.9.2024
The cryptocurrency landscape in Central & Southern Asia and Oceania (CSAO) is changing, with each country carving out…
Spot Bitcoin ETFs Receive $117 M Inflow Ahead of Fed’s Crucial Call
11.9.2024
The net inflow to Spot Bitcoin ETFs as of September 10, 2024, Eastern Time is $117 million. The…
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
11.9.2024
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz...
Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis
11.9.2024
The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis
State Regulator Warns of Crypto Fraud After Investor Loses $750K
11.9.2024
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the investment supposedly growing to $1.4 million, the investor faced continuous...
Crypto Market Bleeds Post Kamala-Trump Presidential Debate
11.9.2024
The debate between former President Donald Trump and incumbent Vice President Kamala Harris finally took place on the…
Quantum Computing’s Potential Threat to Blockchain Security
11.9.2024
Blockchain technology has revolutionized the way we think about security, decentralization, and trustless systems. From cryptocurrency transactions to smart contracts, […]
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Experts: Crypto In Early Stages of Growth Despite Rising Adoption
11.9.2024
The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe that the sector’s future depends on factors like regulatory developments and market stability. Singapore has emerged as a leading crypto hub due to its favorable...
Crypto Market Reacts to BlackRock’s Warning
11.9.2024
The global crypto market cap has risen by 0.31% and is hovering around $2 trillion, with an FGI…
Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO
11.9.2024
Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated
Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks
11.9.2024
Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under...
Cosmos Network Rebrands to Cosmos Interchain, How will it Impact ATOM?
11.9.2024
Cosmos Network has announced a transition to Cosmos Interchain. The objective is to revolutionize blockchain interoperability. Cosmos Interchain…
Whale Buys 34,807 $SOL ($4.52M) in 12 Hours
11.9.2024
Solana tokens worth $4.52 million were acquired by a single whale within 12 hours of their previous activity.…
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
11.9.2024
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been...
Bitcoin miner solves block alone, grabs $180,000 reward
11.9.2024
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
11.9.2024
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first...
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
11.9.2024
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that...
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
11.9.2024
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies...