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Crypto Polymarket Bets Take a Focus Shift to Bitcoin & Airdrops
30.8.2024
Polymarket has gathered investors globally to bet on events taking place worldwide. Since Satoshi Nakamoto created and launched…
Layer-1 Platform Radix Cuts Workforce by 15%
30.8.2024
The decentralized finance platform Radix Network announced a 15% workforce reduction on Aug. 28. CEO Piers Ridyard stated that the decision was made to decrease overhead costs. Ridyard said that while core projects like Flash Liquidity and MFA are expected to continue, users may experience...
Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange
30.8.2024
The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 following a solicitation on Facebook that...
Bitcoin Reserves on Exchanges Hit New Low Since January 2024
30.8.2024
Bitcoin reserves are down to 2.62 million across exchange platforms, making a new low since January 01, 2024,…
Parafi Capital Secures $120 Million for Investing in Crypto Funds
30.8.2024
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capital aims to build a portfolio of 30-50 general...
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
30.8.2024
U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market
South African Fintech Firm Raises $7.5 Million to Expand Financial Inclusion
30.8.2024
Omnisient, a South African fintech startup, secured a $7.5 million Series A investment from Arise to support its mission of enhancing financial inclusion across Africa and beyond. The investment will help Omnisient expand its technology to African, European, and U.S. markets. The startup is also...
JPMorgan Executive Sees Big Future for India’s CBDC Initiative
30.8.2024
Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in India, particularly after the 2022 launch of the central bank digital currency (CBDC), the e-rupee. He noted that CBDCs represent a significant...
BlackRock's Bitcoin ETF registers second-ever outflow of $13.5M
30.8.2024
BlackRock’s Bitcoin ETF has faced its second-ever day of outflows as the price of Bitcoin dipped below $59,000
Altcoin season hasn't arrived because everyone jumped 'straight to the punchline'
30.8.2024
A crypto analyst says that we haven’t seen this altcoin season because traders keep buying memecoins too early.
Economist Steve Hanke: Research Finds Crypto Owners Are Psychopaths
30.8.2024
Economist Steve Hanke cited a University of Toronto study that links cryptocurrency ownership to traits of the “Dark Tetrad,” including psychopathy, narcissism, Machiavellianism, and sadism. According to the research, crypto owners exhibit psychopathic tendencies, he explained. Study...
Double Jump.Tokyo Raises Over $10 Million From SBI and Sony Group
30.8.2024
Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue developing blockchain games and offering related...
Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate
30.8.2024
A solo Bitcoin miner operating as part of the Solo CK pool solved a block with just 0.012% of the average hashrate.
Dell results show no signs of Bitcoin despite CEO’s bullish comments
30.8.2024
Many had expected to see Dell add itself within a list of companies with Bitcoin on their balance sheet as it filed its Q2 earnings report.
Bitcoin exchange reserves reach new yearly low amid $60K price retest
30.8.2024
Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”
India’s Central Bank Governor Discusses CBDC Progress and International Strategy
30.8.2024
The Reserve Bank of India (RBI) is actively exploring the potential of central bank digital currency (CBDC) on an international scale, according to Governor Shaktikanta Das at the Global Fintech Fest. The RBI is focusing on enhancing CBDC’s interoperability with existing retail payment...
Crypto ATMs surge 17X in Australia amid concerns over use by bad actors
30.8.2024
The number of new crypto ATMs in Australia has surged 17 times over the past two years, but TRM Labs has warned about their use in scams, fraud, and crime
Crypto Firm’s CEO Stabbed in Court During Fraud Trial in Seoul
30.8.2024
The CEO of cryptocurrency deposit service Haru Invest was stabbed in the neck during his fraud trial in Seoul. The attack occurred in the courtroom, carried out by a man in his 50s. Lee survived the attack with non-life-threatening injuries and was taken to a hospital. Crypto Platform’s...
Durov Unaware of French Arrest Warrant — Macron Denies Knowledge of Durov’s Visit
30.8.2024
Telegram CEO Pavel Durov was reportedly unaware of an arrest warrant issued against him in France, according to a source from the Paris prosecutor’s office. The French investigation was not linked to any U.S. actions. Neither President Emmanuel Macron nor the French foreign ministry were...
Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds
30.8.2024
The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices....