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Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...
Fake Crypto Recovery Service Operator Arrested and Charged
7.8.2024
The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced clients he could recover lost cryptocurrencies but pocketed the fees...
SOL/ETH ratio hits new all-time high amid market turmoil
7.8.2024
The metric that tracks the value of one Solana token to one Ether token has reached a new all-time high following a brutal market-wide sell-off earlier this week
Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand
7.8.2024
Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO
CoinDCX introduces protection fund to secure Indian crypto users
7.8.2024
CoinDCX's Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets
Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M
7.8.2024
Indian crypto exchange CoinDCX's co-founder Sumit Gupta has told CoinDesk that his company has established an investor protection fund, saying that if other exchanges did this too "it would be better for the eco system."
Canada Sets Deadline for Crypto Platforms to Join CIRO
7.8.2024
The Canadian regulators have laid strict guidelines that all Crypto trading platforms (CTPs) must become full members of…
‘Crypto Advocates for Harris’ movement claims support from Mark Cuban
7.8.2024
The organization was apparently formed the same day Kamala Harris announced her running mate, Minnesota Governor Tim Walz
US private investors predict surge in crypto investments in 2024 — Report
6.8.2024
A survey by law firm Barnes & Thornburg found that 59% of US private investors are more likely to invest in crypto funds over the next 12 months
Canadian crypto exchanges face deadline for CIRO membership
6.8.2024
Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry's self-regulatory organization
Crypto PACs invest $4M in candidates ahead of Aug. 6 primaries
6.8.2024
Missouri, Washington and Michigan residents will be able to vote in primaries for specific candidates backed or opposed by crypto interest groups
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
6.8.2024
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease...
Immunefi Report Reveals Alarming 112% Rise in Crypto Hacks and Frauds in Q2 2024
6.8.2024
Popular bug bounty platform Immunefi has found that the global cryptocurrency ecosystem suffered increased hacks and frauds in the second quarter of 2024, losing $572.7 million. According to a recent report, this is a 112% increase compared to the same period last year. Immunefi noted that the...
Crypto Market Volatility Fuels $1.2B Inflows at Binance
6.8.2024
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over...
Valour to launch digital asset ETPs in Kenya
6.8.2024
Valour is moving out of Europe to the green pastures of Africa by way of passporting
Crypto Gaming Showdown: Why Lovely Legends is Set to Outshine Hamster Kombat
6.8.2024
PRESS RELEASE. The cryptocurrency gaming sector is witnessing an intense rivalry between two notable titles: Hamster Kombat and Lovely Legends. As the competitive landscape evolves, industry experts are increasingly recognising Lovely Legends as the more promising and innovative contender for both...
Industry responds to Kamala Harris’ VP pick, despite no clear crypto platform
6.8.2024
Crypto users recognized that Minnesota Governor Tim Walz was a relative unknown on crypto policy, but many expressed concerns about his general approach to regulation
Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down
6.8.2024
After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting their attention toward some of the final U.S. congressional primaries of 2024, including Tuesday's elections in Missouri and Washington state
Ethereum Developer Péter Szilágyi Critiques Crypto Industry
6.8.2024
Péter Szilágyi, an Ethereum core developer, has released a statement highlighting his current stance on the crypto industry. His…
Wazirx Announces FIR Filing Following Major Cyberattack
6.8.2024
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part...