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Coinbase and Stripe partner to accelerate global crypto adoption
28.6.2024
Coinbase has announced a partnership with Stripe. The idea is to fuel the global adoption of cryptocurrencies and blockchain technology. Both companies will bring their strengths to the table to cement the collaboration. For instance, Stripe has committed to add USDC on Base to their crypto payouts...
Grayscale report: Mixed performance YTD, Ethereum in focus for Q3
28.6.2024
Grayscale has published a report to assist the community in enhancing its understanding of the crypto sphere. The idea is also to provide a reasonable roadmap to investors so that they can navigate their way around volatility. A summary of the report talks about why the focus will be on Ether...
Tezos X: A scalable, composable, and interoperable future for Tezos
28.6.2024
Tezos is a blockchain platform designed to solve the most basic issue of the ecosystem – salability. It essentially deals with the issue by keeping it ready for upgrade and future-proofing its operations. Simply put, no matter what happens in the future and how vastly the ecosystem expands...
Kraken’s Jesse Powell donates $1M in ETH to Donald Trump
28.6.2024
In this post Biden and Trump’s first presidential debate results are in favor of Trump, and the crypto community has responded. Jesse Powell has donated $1 million in crypto to Trump’s presidential campaign. Powell blames Elizabeth Waren and Gensler for the U.S. failed crypto market. Joe Biden...
Nigeria’s SEC boss says crypto can aid 38M unbanked
28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home
Crypto platform Yield App shuts down citing FTX losses
28.6.2024
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact
Cardano integrates IBC for connectivity and Interchain access
28.6.2024
Cardano recently announced that it will integrate the IBC Protocol to enhance connectivity from Cosmos to Ethereum. The development will also allow Cosmos to gain access to the Interchain ecosystem. IBC has been designed to facilitate data exchanges and transactions across multiple blockchains....
Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks
28.6.2024
The change in regulatory stance marks the end of a ban on crypto use in the country that began in 2014
Bitcoin activity drops to lowest level since 2010
28.6.2024
The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies
History Associates joins Coinbase in FDIC legal battle
28.6.2024
The History Associates suit aims to hold the FDIC and other regulatory agencies accountable for their actions and ensure transparency in their regulatory practices
Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
28.6.2024
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment...
Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
28.6.2024
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage...
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
28.6.2024
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online...
SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities
28.6.2024
The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer of settlement from Lufkin Advisors, which the SEC has accepted. The SEC found that Lufkin Advisors engaged in fraudulent activities, including...
Binance CEO Shares Key Tips for Investors Getting Into Crypto
28.6.2024
Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three pieces of advice the Binance executive gave....
Robert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month
28.6.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto represents “rules-based money,” contrasting it with government fiat money, which he describes...
Coinbase and payment processor Stripe form partnership for onboarding
28.6.2024
The partnership will bring USDC support to Stripe on Coinbase’s layer-2 network, Base, and several other integrations
Bitwise CIO Estimates Spot Ether ETPs Will Attract Billions: ‘Not a Casual Guess’
27.6.2024
Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets when finally trading. Hougan estimates that these products will have net flows of $15 billion during their first 18 months of trading, taking into...
Coinbase global adviser to join President Biden’s reelection campaign
27.6.2024
It’s unclear whether Keisha Lance Bottoms will advise the campaign on crypto, but she spoke about digital assets in Atlanta the day before the presidential debate
Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
27.6.2024
In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s...