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Dubai court recognizes crypto as a valid salary payment
16.8.2024
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions
Bank of Ghana unveils draft rules for cryptocurrency exchanges
16.8.2024
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
16.8.2024
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a dwelling where over 1,000 cryptocurrency miners operated, was sentenced to 18 months in prison for causing over...
Meta denies claim more than half of Facebook crypto ads are scams
16.8.2024
Australia’s competition watchdog has claimed 58% of crypto ads on Facebook are scams; Meta says the data is old and unreliable
Donald Trump raked in over $7M from NFTs, new disclosure shows
16.8.2024
Former president Donald Trump disclosed that he owns up to $5 million in crypto and has earned over $7 million from his three NFT collections
While Useful, Bitcoin Will Not Replace the U.S. Dollar, Russian Analyst Warns
16.8.2024
Viktor Pershikov, a Russian expert in financial markets, has explored the opportunities that crypto and bitcoin will bring to Russia following the laws approved recently by President Putin. Pershikov stated that, while some cryptocurrencies present interesting opportunities as payment tools...
What's Next in SEC v. Ripple?
16.8.2024
While the SEC case against Ripple was decided solidly in Ripple’s favor, the takeaways for the rest of the industry are limited
ZachXBT claims 21 North Korea crypto devs are making $500K a month
16.8.2024
Onchain sleuth ZachXBT claims to have found a network of North Korean developers who have been working on dozens of crypto projects
IMF execs float raising crypto mining electricity prices by 85%
16.8.2024
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives
Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
16.8.2024
Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial...
Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024
16.8.2024
Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At the “Crypto4Harris” event supporting Vice President Kamala Harris’...
Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings
16.8.2024
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings....
Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
16.8.2024
Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express
Donald Trump Jr. Debuts Telegram for Upcoming Crypto Venture
15.8.2024
Donald Trump Jr. has created an official Telegram channel for the yet-to-be-announced cryptocurrency project of the Trump family.…
Study: Crypto and Bitcoin Lead as Reddit’s Most Mentioned Words in Investment Forums
15.8.2024
A recent study by Cyber Metals, a JM Bullion company, analyzed the sentiment, vocabulary, and profanity within popular investment subreddits on Reddit, uncovering distinct trends in how different communities discuss stocks, crypto assets, and precious metals. The findings highlight the unique...
Schumer Sets Stage for New Era of U.S. Crypto Politics
15.8.2024
Wednesday's Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected
Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon
15.8.2024
The blame this time can't be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines
Realvision Chief Crypto Analyst Claims Bitcoin can 3x in 2024
15.8.2024
The global financial landscape is undergoing a significant transformation as central banks around the world increase liquidity, signaling…
Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable
15.8.2024
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties....
Bitcoin ETFs See $81M Outflow as Ethereum ETFs Cash In
15.8.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an outflow of $81.36 million, while spot ethereum ETFs experienced a brighter day, bringing in $10.77 million during the trading session. Crypto ETFs Clash: Bitcoin ETFs Stumble With $81M Loss, Ethereum Funds Pull in $10.77M After...