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Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027
9.8.2024
The small Central Asian country is currently taking public comments on its framework legislation
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
9.8.2024
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure...
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
9.8.2024
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies
Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market
9.8.2024
The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan...
OKX Founder Clarifies Ban on Accounts Linked to Tornado Cash
9.8.2024
Star Xu, the founder of OKX, has addressed growing speculations regarding the platform’s handling of accounts connected to…
US Bitcoin ETFs Soar With $192M Boost; Ethereum ETFs Record Modest Loss
9.8.2024
The latest figures from U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) reveal another contrasting shift. Bitcoin ETFs welcomed $192.56 million in inflows, while their ethereum counterparts saw around $2.87 million in net outflows. Blackrock’s IBIT Leads Inflow Gains On Thursday...
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
9.8.2024
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin...
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
9.8.2024
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space
Bitcoin as a US reserve asset is ‘great for price’ but poses significant risks — Charles Hoskinson
9.8.2024
While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns
Nigerian activist battles for Bitcoin rights in major legal challenge
9.8.2024
The outcome of this case could have significant implications for the future of cryptocurrency in Nigeria
Daily Crypto Update: Top Assets Witness Unexpected Surge
9.8.2024
The crypto market has made a miraculous comeback at the end of the week. Most of the top…
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
9.8.2024
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop...
FTX and Alameda Ordered to Pay $12.7B to Creditors
9.8.2024
FTX, the failed cryptocurrency exchange, and its sister company, Alameda Research, have been ordered to pay $12.7 billion…
Turkey sees surge in crypto license applications amid new regulations
9.8.2024
Turkey's crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation
OKX cracks down on Tornado Cash users with account terminations
9.8.2024
As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms
TON network users gain free access to advanced analytics
9.8.2024
Ton community gains free access to over 60 advanced analytics indicators through IntoTheBlock integration
Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected
9.8.2024
Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before allowing it to operate again in the country....
Irish Authorities Seize $7.1M in Cryptocurrency Amid Darknet Money Laundering Bust
9.8.2024
Irish authorities seized $7.1 million in cryptocurrency in a raid targeting money laundering and darknet sales. Three individuals were arrested, with one remaining in custody. “The arrests of the three individuals and the assets seized are the result of a highly complex investigation into...
Bitcoin new addresses hint at ‘renewed interest’ from retail investors
9.8.2024
Retail investors could be coming back into the market after a recent upward trend in new Bitcoin addresses
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
9.8.2024
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million...