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Kraken Custody expands to UK and Australia markets
18.7.2024
Kraken's expansion of its custody services to the UK and Australia marks its first international venture, catering to institutional clients outside the US
Indian Crypto Exchange Wazirx Suspends Withdrawals Amid $230M Security Breach
18.7.2024
Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering...
OKX's exit From Nigeria sparks criticism from crypto analysts
18.7.2024
OKX stopped Naira withdrawals in May 2024 due to regulatory issues after Binance was accused of manipulating Nigeria’s currency and laundering money
Mt. Gox creditors opt to hodl Bitcoin payouts — Reddit poll
18.7.2024
As the Mt. Gox trustee has yet to distribute 64% of the Bitcoin owed to creditors, the Reddit Mt. Gox community is pushing the hodl agenda
Greek gov't to impose crypto taxes starting 2025
18.7.2024
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government - but not for long as regulators are seeking new taxes on the industry early next year
German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion
18.7.2024
German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal...
Crypto Exchange WazirX Hacked for $234M, Hacker Begins Dump
18.7.2024
Web3 security firm Cyvers and ZachXBT report that the Indian crypto exchange, WazirX, has been potentially hacked. Cyvers told WazirX on X, “Our system has detected multiple suspicious transactions involving your Safe Multisig wallet on the ETH network.” Hacker drains over $230 million...
Bitcoin hits $65k, Ethereum nears $3.5k, while memecoins rejoice
18.7.2024
The crypto market is undergoing rapid changes, thanks to big names like Ethereum making massive modifications. The SEC recently approved two major Spot Ethereum ETFs in the US for trading, putting crypto in the limelight. In the meantime, Bitcoin has managed to reclaim its $65,000 mark. In...
Charles Hoskinson rejects Vitalik Buterin's view on pro-crypto voting
18.7.2024
This clash of views comes as the 2024 U.S. presidential election approaches, with significant implications for the future of cryptocurrency regulation in the country
BlockFi confirms July start for interim crypto distributions
18.7.2024
BlockFi clients are to note that client communications will exclusively occur via official email channels
German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off
18.7.2024
The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move...
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’
18.7.2024
The “next leg” could push Bitcoin’s price as high as $110,000 as the cycle low has kicked in, according to several crypto traders
Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline
18.7.2024
Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from...
Ethereum ETFs will have a bigger impact on ETH price: Bitwise
18.7.2024
Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs did for BTC
Fake Professors Scam Crypto Investors on Telegram and Whatsapp, DFI Warns
18.7.2024
The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high...
Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead
18.7.2024
Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably...
Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection
18.7.2024
Former U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency, emphasizing: “If we don’t do it, China is going to pick it up” and dominate the industry. He revealed that he will launch another non-fungible token (NFT) collection. He stressed...
Vitalik Buterin Warns Against Political Support Based on Crypto Stance
18.7.2024
Ethereum co-founder Vitalik Buterin advised against basing political support solely on a candidate’s pro-crypto stance. He emphasized the importance of broader values like individual freedoms and technological advancement. “Crypto-friendly now does not mean crypto-friendly five years...
Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation
18.7.2024
Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach and clear regulatory guidelines. He condemned the partisan divide in crypto innovation, particularly addressing Senator Elizabeth Warren’s...
Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO
17.7.2024
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $5,000...