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Plus Token Ponzi-linked wallet moves $2B ETH after 3.3 years of dormancy
7.8.2024
After 3.3 years of inactivity, cryptocurrency wallets linked to the Plus Token Ponzi scheme move $2 billion in Ether (ETH), potentially impacting the market
India has no plans to regulate crypto sales and purchases
7.8.2024
Despite tightening measures against money laundering and terror financing, India has no immediate plans to regulate cryptocurrency transactions
Telegram could onboard the first billion cryptocurrency users — X10 CEO
7.8.2024
Recognizing the potential of mini apps, X10 is also working on a Telegram-based crypto trading application, that could help the industry reach the first billion crypto holders
New Tonkeeper app enhances crypto asset security, preventing hacks
7.8.2024
Tonkeeper’s Signer app enhances security for users’ crypto assets by protecting them against hacks, scams, and mistaken transactions
Rain exchange attacker address starts laundering ETH through Tornado Cash
7.8.2024
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures
Daily Crypto Update: Market Gains Composure After Massive Dip
7.8.2024
The crypto industry started the week on a low note, with the market lost billions of dollars on…
SEC Challenges Coinbase’s Extensive Discovery Requests
7.8.2024
The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal...
Surge in Bitcoin Scams Hits Lubbock, Police Warn
7.8.2024
Lubbock police in Texas have reported a notable increase in bitcoin-related scams, with victims losing significant amounts of money. Over the last few months, 20 to 30 individuals have come forward to report scams involving gift cards and bitcoin transactions. Scammers typically target the elderly...
Barefoot Mining CEO: Wars Will Be Fought Over Bitcoin Blockspace
7.8.2024
Bob Burnett, CEO of Barefoot Mining, a bitcoin mining company providing off-grid “wild” mining services, has declared that wars will be fought over Bitcoin blockspace. In a recent interview, Burnett stated that as bitcoin becomes critical to companies and nation-states, the value...
Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
7.8.2024
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which tokens were issued, their purported classification, and the assets supporting...
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...
Fake Crypto Recovery Service Operator Arrested and Charged
7.8.2024
The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced clients he could recover lost cryptocurrencies but pocketed the fees...
Nasdaq Seeks Approval for Ethereum ETFs Options Trading
7.8.2024
Nasdaq has formally petitioned US regulators to allow options trading on Ethereum ETFs, which shows the further development…
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
7.8.2024
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this...
Nasdaq asks to list options on spot Ethereum ETFs — Filing
6.8.2024
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...
Nearly every token Binance listed in 2024 is now bleeding red — Coin98
6.8.2024
Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years
Crypto Market Volatility Fuels $1.2B Inflows at Binance
6.8.2024
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over...
Metaplanet Secures $70M to Expand Bitcoin Portfolio Through Offering
6.8.2024
Metaplanet has revealed that it aims to garner ¥ $10.08 billion, or $70 million, in funding. This will…
Binance CEO Richard Teng: Binance Net Inflow Hits 2024 High
6.8.2024
The Binance cryptocurrency exchange recorded a net inflow of $1.2 billion in the last 24 hours. This is…