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Nalezeno "r/Cryptocurrency": 28993

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...

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts

12.8.2024
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed...

Hamster Kombat Rejected Numerous Venture Capital Investments; Players Will Not Become ‘Exit Liquidity’

12.8.2024
Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared that it would not allow players to become exit liquidity for their backers, as...

Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M

12.8.2024
Digital asset investment products saw a significant rebound in inflows, totaling $176 million, as investors took advantage of recent price corrections. According to Coinshares and its lead research analyst James Butterfill, ethereum was the standout performer, benefiting the most from these market...

Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity

12.8.2024
On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing...

BlackRock’s Crypto Playbook: A Look at Investment Strategies

12.8.2024
BlackRock, the global investment giant managing a staggering $10 trillion in assets, has entered the cryptocurrency space with…

Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

12.8.2024
Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging...

Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF

12.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for...