Quick Look
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend...
Texas Drug Ring Sentenced for Laundering $50K Monthly in Cryptocurrency
Six members of a Texas-based drug ring have been sentenced for their roles in a dark web drug operation, which laundered up to...
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges...
BRICS More Attractive Than EU, Says Serbia’s Vulin
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union,...
Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital...
Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a...
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence...
UBS Maintains Optimism in Markets Amid Middle East Uncertainty
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East....
Nigerian Regulator Pledges to Fight Crypto Fraud
The Nigerian Securities and Exchange Commission (SEC) vows to crack down on fraud, money laundering, and market manipulation in the...
US charges 18 people, companies for crypto fraud
US has charged 14 people and four companies for fraud and market manipulation among other illegal activities. The prosecution says...
ABDS Token Receives Top CertiK Badge for KYC
PRESS RELEASE. ABD Systems, a company with over 13 years of experience in IT solutions, recently announced that its new crypto...
Caroline Ellison to forfeit assets in FTX’s settlement proposal
FTX seeks court approval for Caroline Ellison to forfeit nearly all her assets. Ellison has agreed to cooperate with investigations...
Kraken Survey Reveals 59% of Crypto Investors Favor Dollar-Cost Averaging
A recent survey by Kraken reveals that a significant 83.53% of crypto investors have used dollar-cost averaging (DCA), with 59%...
Bitwise CIO: Three things are needed for Bitcoin’s “melt-up” to $80,000 in Q4
Matt Hougan has said three factors will push Bitcoin to $80,000 by the end of 2024 Hougan indicated that the US election is a big...
US Spot Bitcoin and Ethereum ETFs Face Net Losses Amid Volatile Market
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs...
VanEck unveils $30 million fund for crypto and AI startups
VanEck says the new $30 million fund targets startups in crypto, artificial intelligence and fintech. The fund will invest in 25-35...
Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups
Vaneck, a global investment management firm, has announced the launch of a $30 million early-stage venture fund targeting fintech,...
Crypto Community Rejects HBO’s Peter Todd-Satoshi Theory as Poor Journalism
On Tuesday, HBO premiered its documentary “Money Electric,” attempting to portray software developer and Bitcoin...
Peter Todd denies he’s Satoshi Nakamoto after HBO documentary
Film director, Cullen Hoback, points to Peter Todd as Bitcoin’s inventor Hoback relies on a 2010 web forum post in which Todd...
Palau Collaborates With Japan to Introduce Blockchain Savings Bonds
The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau...
ATLETA and Bybit forge powerful partnership: a chance to win real Porsche, Rolex or iPhone
Mahe, Seychelles, October 9th, 2024, Chainwire ATLETA Network, modular, multi-layer blockchain for the sports industry, has teamed...
Bitcoin Staking Protocol Babylon Attracts About 24,000 BTC in Deposits
Bitcoin staking protocol Babylon has achieved a major milestone, pulling in 23,891.67071126 BTC in confirmed total value locked...
Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to...
Nigeria Injects $543.5M to Shore up Naira
The Central Bank of Nigeria (CBN) injected $543.5 million into the Nigerian foreign exchange market between September 6th and 30th...
BofA survey: Young wealthy investors remain skeptical of stocks, crypto seen as better alternative
28% of young wealthy investors are focusing on crypto investments A cautious mindset is what’s dominating young investors portfolio...
Brazilian Crypto Giants Team up to Launch Real-Pegged Stablecoin
Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The...
HBO Documentary Suggests Peter Todd as the Real Face Behind Bitcoin
On Tuesday, Oct. 8, 2024, HBO premiered its highly anticipated documentary “Money Electric,” offering a deep dive into...
China Strengthens Russia Partnership via BRICS and SCO Cooperation
China has reaffirmed its commitment to closer relations with Russia through major international platforms like BRICS and the...
Bison launches insured Ethereum staking service
Bison announced its insured Ethereum staking product in partnership with Munich Re and Staking Facilities. Users can stake as low...
Putin Reveals Over 85% of CIS Trade Now in National Currencies
Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now...
Native USDC Officially Launches on Sui
Grand Cayman, Cayman Islands, October 8th, 2024, Chainwire Sui is the first Move language-based blockchain with native USDC Sui,...
Brazilian CBDC Drex Envisioned to Replace Current Transaction System
Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction...
Alchemy Pay integrates Samsung Pay into its virtual card service
Alchemy Pay integrates its virtual card service with Samsung Pay for seamless crypto use. Users can now make purchases at retailers...
Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings
On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy...
Bitcoin Amsterdam 2024: Uniting Europe’s Bitcoin innovators at Westergas
The Bitcoin Conference, organized by BTC Inc, the parent company of Bitcoin Magazine, is a global event series, featuring notable...
Nigeria Central Bank Governor Defends Naira Float Decision
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira,...
Blockchain Life 2024 in Dubai: A legendary gathering of market insiders ahead of the bull run
On October 22-23, the legendary Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries...
Len Sassaman’s Legacy: Could He Be the Man Behind Bitcoin?
On Wednesday, HBO is set to release a documentary that claims to reveal the identity of Bitcoin’s creator, Satoshi Nakamoto,...
Bitcoin’s Price Slides as China Pares Stimulus Plans
Bitcoin’s September rally, where the crypto rose 21%, was driven largely by Chinese stimulus packages. Market players are...
Crypto Expert Says Flockerz, Pepe are Among Best Meme Coins to Buy Now
Meme coins remain a vital part of the crypto ecosystem. But new coins pop up almost daily, making it tough to track which ones are...
Crypto.com sues the US SEC after Wells notice
com has sued the SEC for overreaching its regulatory authority over crypto. The lawsuit challenges SEC rules categorizing most...
Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say
Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein...
Phantom Wallet adds support for Coinbase’s Base network
Phantom Wallet adds beta support for Coinbase’s Base layer-2 network. Phantom users can now send, receive, and purchase Base-based...
Bitcoin Betting Is Launching an Unstoppable DeFi App for Sports Betting and Prediction Markets With No KYC
Bitcoin Betting is launching its cutting-edge DeFi app, designed for sports betting and prediction markets. The app targets...
Texas Mayor Ward Roddam Reveals How Bitcoin Resurrected Rockdale’s Economy
Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s...
Luno, Zapper Partner for Crypto Payments at 31,000 Merchants
South African crypto exchange Luno has partnered with Zapper to enable crypto payments at over 31,000 merchants. This partnership...
XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Cross-Border Payments
Singapore, Singapore, October 8th, 2024, Chainwire Bitstamp has listed a Singapore Dollar-pegged stablecoin, XSGD, for the first...
India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade
India’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic...
Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure...
Latam Insights Encore: Bukele Might Orange-Pill Milei on Bitcoin
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week....
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is...
BRICS Unified Currency Deemed Premature by Russian Official
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature...
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach...
The UAE Exempts Crypto Transactions from VAT
The UAE updated its tax laws to exempt crypto transactions from value-added tax. The change will take effect on November 15 but...
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other...
FTX to fully repay investors after bankruptcy plan receives judge approval
FTX to repay 98% of its users around 119% of their claim value Distributions will be made to creditors across more than 200...
Silver Miners Unlikely to Meet Demand Even if Prices Keep Increasing
The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand....
Japan’s Metaplanet buys $7M Bitcoin, now holds to $40.5M BTC
Metaplanet boosts Bitcoin holdings to 639.5 BTC as of Oct. 7. The company’s stock price has surged 11%, with a 544% year-to-date...
Google Trends Shows Soaring Interest in Satoshi Nakamoto Ahead of HBO’s ‘Money Electric’
On Wednesday, Oct. 9, 2024, HBO is set to premiere a documentary titled “Money Electric,” which reportedly claims to...
Infinex integrates Wormhole to power multi-chain DeFi app
Infinex is integrating Wormhole Connect for multi-chain in-app token transfers for its users. The DeFi platform will also use...
Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of...
National Bank of Bahrain launches a Bitcoin investment fund
The National Bank of Bahrain launches the GCC’s first Bitcoin investment fund. The fund offers accredited investors exposure to...
Crypto All-Stars Presale Raises $2M in Under Two Months – Best Meme Coin to Buy?
It’s rare for a new project to grab attention like Crypto All-Stars (STARS) has. This staking platform has quickly made a...
Polymarket prediction data shows Trump taking the lead over Harris
Polymarket shows Trump leading the race; however, other betting trackers show Harris still in the lead The Republicans have seen...
Bitcoin Technical Analysis: Uptrend Intact, But Indicators Warn of Short-Term Correction
Bitcoin is trading at prices between $62,856 to $63,016 at press time, with a market cap of $1.24 trillion and a 24-hour trade...
21.co taps Crypto.com to enhance Bitcoin liquidity for 21BTC
21.co and Crypto.com announced a strategic partnership aimed at bolstering liquidity for the wrapped Bitcoin token 21BTC. The...
New York Regulator Hiring Blockchain Analyst to Tackle Crypto Crimes
New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent...
Australians considered “easy prey” for crypto scam call centers
Call centers avoid targeting Americans because they didn’t want the FBI after them Australians are targeted because the AFP is less...
Vitalik Buterin Shows Support for Tornado Cash Developer With Additional 100 ETH Donation
Ethereum co-founder Vitalik Buterin has demonstrated his continued support for Tornado Cash developer Roman Storm by donating an...
Unlocking Bitcoin’s Future: GoBTC Foundation’s Jeremy Dreier on the Crucial Role of Onchain Growth
GoBTC Foundation supports innovative Layer 1 and Layer 2 projects to grow the Bitcoin onchain ecosystem. By providing investment,...
Tether to release documentary on its mission to bring financial freedom on 10th anniversary
Tether is building a financial tool for the “people left behind” The stablecoin was created in 2014 by Brock Pierce, Reeve Collins,...
L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security
Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks....
What Is the Fantom Crypto Sonic Upgrade?
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the...
Latam Insights: Bukele Offers Bitcoin Advice to Argentina, Uruguay Passes Crypto Law
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this...
IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight
The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and...
Crypto Fraud Ring Dismantled by Vietnamese Authorities
Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency...
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in...
Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform
The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The...
Swift to Pilot Digital Asset and Currency Transactions in 2025
Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and...
Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in...
Discovering the Creator-Driven World of Nifty Island
In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable...
Kraken Launches Regulated Derivatives Platform in Bermuda
Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F...
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously...
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for...
Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle
As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong...
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the...
Lego’s Website Hacked to Promote ‘Lego Coin’ Crypto Scam
Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad...
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to...
Coinbase to Delist USDT in Europe Amid New EU Regulations
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European...
Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention
Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his...