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Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes
3.8.2024
Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon aims to foster innovation and the adoption of PYUSD...
State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges
3.8.2024
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based...
DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes
2.8.2024
The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses, to enhance the detection and prosecution...
Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions
2.8.2024
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy...
El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation
2.8.2024
Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government and is not legally required to disclose...
MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase
2.8.2024
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair value loss on digital assets. MARA Reports...
Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks
2.8.2024
Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave interest rates unchanged, geopolitical risks, and...
Hong Kong broker offers new customers deposit bonuses in Bitcoin
2.8.2024
With the inclusion of Bitcoin rewards, Futu Securities aims to attract a new wave of investors
Unpacking the crypto rollercoaster with Cryptomania author Andrew Chow
2.8.2024
In this episode of Decentralized with Cointelegraph, we explore the origins, hype and future of the crypto space, with TIME magazine journalist Andrew Chow, ahead of his new book 'Cryptomania.’
Unpacking the crypto rollercoaster with Cryptomania author Andrew Chow
2.8.2024
In this episode of Decentralized with Cointelegraph, we explore the origins, hype and future of the crypto space, with TIME magazine journalist Andrew Chow, ahead of his new book 'Cryptomania.’
Ditobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities
2.8.2024
Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100 pesos) worth of Ckbtc, the so-called bitcoin twin, to use at campus cafes, restaurants, and copy...
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
2.8.2024
The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
2.8.2024
The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe
Polymarket $3.8 Million Venezuelan Presidential Election Bet Still Undecided
2.8.2024
Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE), proclaimed President Nicolas Maduro as the winner,...
Daily Crypto Update: Top coins in red while meme coins rejoice
2.8.2024
The crypto market ended Thursday on a shifty note, with most top coins trading in the red zone. At the top, Bitcoin found some solace after gaining 0.25% in the past 24 hours. However, the rest of the top coins, barring BNB and ADA, ended the day losing a notable portion of value. Conversely,...
Bahamas Enacts Digital Assets and Registered Exchanges Act
2.8.2024
The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing significant reforms to address the evolving digital...
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users
2.8.2024
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working...
Bitcoin Miner Cleanspark Acquires Wyoming Mining Site
2.8.2024
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected...
FBI Issues Warning About Crypto Exchange Scams
2.8.2024
The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to steal funds through unsolicited messages or calls. These fraudsters create urgency, claiming issues with accounts to trick victims into providing login details...
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
2.8.2024
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy....