Search
Crypto execs plan to raise $100K for Harris at fundraiser: Report
2.9.2024
A group of crypto industry players wants to sway Kamala Harris to soften on crypto as she maintains a slight lead in national polling over Donald Trump
Crypto liquidations may be way worse than data has let on, suggest researchers
2.9.2024
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...
SEC says it could challenge FTX crypto repayment plan
2.9.2024
The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets
Bitcoin miners see worst revenues in 11 months as difficulty climbs
2.9.2024
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
2.9.2024
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
2.9.2024
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted...
Dogwifhat, Popcat lead 7-day crypto slump, traders eye Oct breakout
2.9.2024
Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism
Russian Economy Sees Growth Despite Western Sanctions and Declining Imports
2.9.2024
The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military manufacturing, saw a 3.3% increase in July, and the...
Coinbase Reports Its First AI-to-AI Crypto Transaction
2.9.2024
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources...
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
2.9.2024
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with...
Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
1.9.2024
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN)...
Canadian court orders $1.2M Bitcoin loan repayment
1.9.2024
The Supreme Court of British Columbia has ordered $1.2 million in damages to be paid in a Bitcoin-related loan dispute, reflecting the growing legal acceptance of cryptocurrencies
Telegram CEO Arrested, Coinbase CEO Bullish on Crypto Payments, and More — Week in Review
1.9.2024
The arrest of Telegram CEO Pavel Durov in France has sent shockwaves through the crypto community. Coinbase CEO Brian Armstrong expressed optimism about the future of crypto payments, predicting it as the next big boom driven by advancements in technology. The SEC has issued a Wells notice...
Gaming Blockchain Oasys Announces Partnership With Japanese Conglomerate SBI Holdings
1.9.2024
Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part of this partnership, Oasys secured an undisclosed amount of funding to grow the liquidity of its token and expand the Oasys ecosystem....
Crypto losses to hacks exceed $313M in August
1.9.2024
Two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
1.9.2024
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances...
Crypto Hacks and Scams Cost $300 Million in August
1.9.2024
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had...
80-year-olds making crypto withdrawals will ‘get a call,’ says crypto exec
1.9.2024
Independent Reserve CEO Adrian Przelozny says the exchange has a team that spends all day calling potential scam victims to question their suspicious transactions
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
1.9.2024
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that...