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Crypto Industry ‘Will Show No Mercy’ in November Says Winklevoss After Harris Snubs Bitcoin Event
25.7.2024
Following the announcement that U.S. Vice President Kamala Harris won’t attend the Bitcoin 2024 conference in Nashville, Gemini co-founder Tyler Winklevoss said the crypto industry will “show no mercy in November.” Gemini’s Winklevoss Criticizes Harris Over Bitcoin 2024...
FCA Fines Coinbase $4.5M for Onboarding ‘High-Risk’ Customer
25.7.2024
FCA has fined prominent cryptocurrency exchange Coinbase’s United Kingdom arm $4.5M for breaching a voluntary agreement related to user onboarding. CB Payments Ltd. (CBPL), is an e-money institution and payments processor tied to United States Coinbase (COIN). Coinbase in trouble with UK regulators...
Fireblocks launches Web3 startup toolkit amid a surge in new ventures
25.7.2024
The number of startups using the Web3 platform has already increased by some 50%, according to Fireblocks
Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ‘No Evidence of Compromise’
25.7.2024
Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 million. “Our preliminary investigation reveals no evidence of compromise on our signers’...
Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M
25.7.2024
With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $48 million at current exchange rates. Vintage Bitcoin Wallet From 2013 Transfers 750 BTC Amid Market Dip On Thursday, a wallet...
MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings
25.7.2024
Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin...
Bitget Wallet tops Nigeria’s app store as OKX exits market
25.7.2024
Bitget Wallet's surge in popularity among Nigerian users highlights its growing appeal in the Web3 space, amidst evolving digital finance trends
The rise and fall of celeb tokens: Over 99% of value wiped out
25.7.2024
Celebrity-endorsed tokens on Solana (SOL) have crashed dramatically, leaving investors reeling from massive losses
Bitstamp starts Mt. Gox creditor repayments
25.7.2024
The announcement comes three days after the Mt. Gox Trustee executed the first test transactions on Bitstamp exchange
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
25.7.2024
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by...
Trump Eyes ‘Bitcoin Strategic Reserve,’ Harris Woos Mark Cuban, Kennedy Rallies Pro-Crypto
25.7.2024
Former President Donald Trump is set to announce the creation of a ‘Bitcoin Strategic Reserve’ in Nashville. Vice President Kamala Harris’s office contacted billionaire investor Mark Cuban to discuss Bitcoin. Independent Presidential Nominee RFK endorses Bitcoin. As the American...
India Gears Up for Crypto Policy Overhaul by September
25.7.2024
The Indian government is preparing to release a discussion paper on its crypto policy stance before September. This development was announced by Economic Affairs Secretary Ajay Seth in an interview with Moneycontrol. India’s crypto stance from scrutiny to strategy The planned discussion paper...
Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding
25.7.2024
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region
Galaxy Asset Management raises $113M for new crypto venture
25.7.2024
The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space
Daily Crypto Update: Market Gains Stability with Rare Outliers
25.7.2024
After an unexpectedly bullish session, the crypto market has entered a slump. The market has been sluggish for the past week, with most cryptos gradually dropping in value. Most of the top 10 cryptocurrencies have lost value in the past 24 hours, with the exception of Solana and Ripple, which have...
India cracks down on darknet drug deals using crypto tracking
25.7.2024
India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking
DeFi Token DTX Attracts Heavy Inflows from XRP and NEAR Traders
25.7.2024
As of June 24, three tokens are making huge waves: Ripple (XRP), Near Protocol (NEAR), and DTX Exchange (DTX). While XRP has finally broken through its resistance levels and NEAR Protocol is gaining bullish momentum, DTX Exchange is drawing a notable surge in demand after crossing $1.1 million...
Hong Kong Launches Its First Inverse Bitcoin ETF Product
25.7.2024
CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already...
Crypto bank Sygnum posts profit after doubling crypto trading volumes
25.7.2024
Signum Bank says it's now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025
Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam
25.7.2024
Analysts believe Ether will see “tremendous” price action once their spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs