Search
Daily Crypto Update: Market shrinks as most coins witness a dip
1.8.2024
The crypto industry’s constant volatility dilemma has resurfaced as the market has started with a slump. Most cryptocurrencies lost value on Wednesday, even top guns like Ethereum and Bitcoin. The coins have lost 4.64% and 3.27% value in the past 24 hours, respectively. However, it is SOL...
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
Bitcoin Core Discloses Two Security Vulnerabilities
1.8.2024
The Bitcoin Core project has disclosed two security vulnerabilities that could have affected the stability of the Bitcoin network. The first one, classified as having a high severity level, could have caused an assertion crash of the network via a message spam attack. The second one, with a...
July crypto hacks total $266M, WazirX leads losses
1.8.2024
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers
July crypto hacks total $266M, WazirX leads losses
1.8.2024
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers
Kamala Harris Engages with Crypto Industry to Counter Trump’s Promises
1.8.2024
Election campaigns in the US are heating up, with Kamala Harris likely to step up as the only Presidential candidate for Democrats. Taking things in the best way is the crypto industry. Harris reportedly is in talks with the stalwarts of the crypto industry in an attempt to ease tensions between...
OZO vs. DAOs: Governance Battle in Quantum Era
1.8.2024
Ozone Chain (OZO) follows a voting system called “Governance by Voting” when making decisions to communicate and coordinate with the network users. In this model, token holders are permitted to propose and vote on changes that should be made in the network, with their votes typically...
Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
1.8.2024
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes...
End of July ETF Update: BlackRock Leads with $20.02B Inflows, Grayscale Sees Significant Outflow
1.8.2024
On July 31, 2024, there were some major movements in the Bitcoin and Ethereum Exchange-Traded Funds (ETFs) landscape. While the data for inflows and outflows provide a complete picture of these digital assets, the following tables aggregated from SoSoValue and Lookonchain can also offer insights...
Bitcoin ‘explosive move’ looms as Bollinger Bands reach tightest points
1.8.2024
A key Bitcoin trading indicator has hit its “tightest point” in a year. The last time it happened, Bitcoin pumped 20% in four months
Bitcoin ‘explosive move’ looms as Bollinger Bands reach tightest points
1.8.2024
A key Bitcoin trading indicator has hit its “tightest point” in a year. The last time it happened, Bitcoin pumped 20% in four months
Bitcoin to Hit $100K? DTX Exchange Presale Blazes Past $1.2M
1.8.2024
Altcoin Sherpa’s latest prediction has sent shockwaves throughout the cryptocurrency industry. The famous analyst sees Bitcoin climbing to…
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
1.8.2024
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency...
Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support
1.8.2024
Nobel laureate Paul Krugman claims that bitcoin has remained “economically useless.” He criticized the support bitcoin and crypto have from former U.S. President Donald Trump and the Republican Party. Moreover, he stressed: “Tech-bro support for Trump and Vance also seems...
BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring
31.7.2024
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers
Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
31.7.2024
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light...
Bybit introduces Indian digital rupee CBDC payment option
31.7.2024
The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants
Tether Posts $5.2 Billion Profit in First Half of 2024
31.7.2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...
El Salvador Proposes Settling Trade With Russia in Crypto
31.7.2024
According to local media, El Salvador has proposed using crypto to settle trade with Russia. Alexander Ilyukhin, the first secretary of the Russian embassy in Nicaragua and head of the office in El Salvador, said the measure would simplify trade dealings, considering El Salvador recognizes Bitcoin...