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Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal
13.8.2024
Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their quieter operation and impressive hashrate...
DeFi and Ethereum are the ‘new narrative’: Michaël van de Poppe, X Hall of Flame
13.8.2024
Ethereum and DeFi will “both surge in the coming months” according to analyst Michaël van de Poppe: X Hall of Flame
Trump Election Win May be Bullish For Cryptocurrency Markets, Bernstein Says
13.8.2024
Market sentiment suggests that a Trump election victory is bullish for crypto and a Harris win would be bearish, the report said
Kamala Harris may continue the Biden administration's crypto crackdown
13.8.2024
Harris is preparing to unveil plans about her economic policy in a mid-August speech
Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows
13.8.2024
U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC)...
Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received
13.8.2024
Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that...
Theta Labs Awarded U.S. Patent for Decentralized Edge Computing Platform
13.8.2024
Theta Labs is the latest company to be awarded U.S. Patent 12,056,730 for “Edge Computing Platform supported by…
CRV Coin Soars: Inflation Control, Market Rebound Hopes Fuel 10% Rise
13.8.2024
At the time of content drafting, the CRV coin is rising, trading at $0.3072. That is after the…
Daily Crypto Update: Market stabilizes after a sluggish start
13.8.2024
The crypto market is gaining stability after a sluggish weekend and start. Most of the top coins have…
New York regulator hunts crypto and AI specialist for policy unit
13.8.2024
The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services
Inside CoinList’s Staking Fund for Digital Assets
13.8.2024
The CoinList Staking Fund is a new passive return option available exclusively to accredited investors and family offices…
WazirX Victim in ICU Sparks a New Strategy, or Is It Damage Control?
13.8.2024
On July 18, 2024, WazirX suffered a tremendous loss from one of its multi-signature wallets due to cybercriminals’…
Bitget Wallet doubles it users base to 30 Million in less than a year
13.8.2024
Bitget Wallet has reached a significant milestone as it doubles it global users base to 30 Million within…
Ecuador’s Data Protection Agency Lacks Resources to Assess Worldcoin’s Compliance Status
13.8.2024
The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws. The head of the institution, Fabrizio Peralta-Diaz...
Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia
13.8.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even...
Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving $1.2M Crypto Ransom
13.8.2024
Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while...
Thai SEC Launches Digital Asset Regulatory Sandbox
13.8.2024
The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by accommodating six specific digital asset-related...
New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra
13.8.2024
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the platform’s alleged violations of state securities laws. Affected...
SEC Charges Novatech in $650 Million Crypto Fraud Scheme
13.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to...
WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns
13.8.2024
The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global...