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CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times
31.7.2024
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage...
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
31.7.2024
Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape...
UAE residents can now trade crypto directly with their bank accounts
31.7.2024
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market
University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications
31.7.2024
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research, criticizing previous work for its lack of fundamental...
Russia to Initiate Crypto Payments Internationally by Year-End, Central Bank Governor Says
31.7.2024
Russia plans to launch international cryptocurrency payments by the end of the year to counter Western sanctions, according to the governor of the Bank of Russia. The central bank is prepared to be flexible and is already discussing the conditions of this initiative with various ministries...
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
31.7.2024
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted...
Michael Saylor Projects Bitcoin Price at $49 Million in 2045 Bull Scenario
31.7.2024
Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating...
Goldman Sachs CEO Clarifies His Stance on Bitcoin
31.7.2024
Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative nature, Solomon stated he had “never been on...
Wemix.fi suspends lending amid stablecoin liquidation issues
30.7.2024
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from
Binance Executive Discusses Impact of US Government Potentially Holding Bitcoin as Strategic Reserve
30.7.2024
Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of bitcoin by politicians and industry leaders, anticipating greater regulatory clarity. She stressed...
SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud
30.7.2024
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used...
Cameron Winklevoss on Kamala Harris Crypto ‘Reset’ Intentions: Beware of the Big Bluff
30.7.2024
Cameron Winklevoss, co-founder of Gemini and Winklevoss Capital, has called out U.S. Vice President Kamala Harris for her alleged intentions to reset the relations of the current government with the crypto industry. Winklevoss stated that, as former President Trump had previously acknowledged,...
Central Bank of Brazil Aims to Finalize Crypto Exchange Regulation by Early 2025
30.7.2024
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation to finalize the drafts, hearing the opinions of market participants...
Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity
30.7.2024
The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp,...
Mempool.space Introduces New Bitcoin Transaction Accelerator With Major Mining Pools
30.7.2024
This week, the open-source bitcoin explorer and onchain parser, mempool.space, unveiled its new bitcoin transaction accelerator. The team shared on X that it has collaborated with several major mining pools that contribute significantly to the network’s overall hashrate. Mempool.space...
Bybit Launches Digital Rupee for Secure INR Payments
30.7.2024
The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch of Digital Rupee Bybit, a digital currency trading...
Bank of England Plans Experiments with DLT and Wholesale CBDCs
30.7.2024
The Bank of England (BoE) is taking a proactive stance related to cryptocurrency, money, and payments. In a recently released discussion paper, the central bank outlined its plans to conduct a series of experiments with distributed ledger technology (DLT) and wholesale central bank digital...
Crypto sleuth investigates suspect in Sydney Sweeney’s hack
30.7.2024
On-chain detective ZachXBT has linked the convicted U.K. hacker Gurvinder Bhangu to Sydney Sweeney and Bob Odenkirk’s crypto hacks
Bitcoin & Crypto Takes Center Stage in US Presidential Race
30.7.2024
The past week was momentous for Bitcoin & cryptocurrency as they took center stage in the US presidential race. Former President Donald Trump made a groundbreaking endorsement of Bitcoin at the Bitcoin 2024 conference in Nashville, pledging to create a national “strategic Bitcoin...
Binance Labs Unveils First Batch of Season 7 Incubation Projects
30.7.2024
Binance Labs has announced the first batch of projects for its seventh-season incubation program. According to the tweet, four projects have made the list. We’re thrilled to unveil the first batch of projects that we admitted into Season...