Quick Look
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a...
M2 crypto exchange to allow UAE residents to trade crypto using bank accounts
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and...
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service...
Casper Network resumes operations after the recent security incident
Casper Network has resumed operations after resolving the recent security breach. Two blocks were removed; a new Casper-node binary...
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s...
OpenEden launches tokenized T-Bills on XRP Ledger with $10M investment from Ripple
OpenEden launches tokenized T-bills on XRP Ledger with Ripple’s $10 million investment. TBILL tokens are backed by US T-bills and...
76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been...
India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee...
Online casinos will generate more revenue in the UK this year than in the US, new data reveals
UK online casinos forecast to generate $6.468 billion in revenue in 2024, surpassing USA’s $6.29 billion UK has higher user...
California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration
The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain...
Telegram unveils in-app browser for decentralized websites
Telegram’s in-app browser will support decentralized websites built on the TON blockchain. Users can have access to games and...
Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without...
‘Crypto President High Tops’ — Trump Reveals Limited Edition Bitcoin Sneakers
Former U.S. President Donald Trump announced through a recent post on Truth Social that he is launching a line of Bitcoin-themed...
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report...
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national...
Wisconsin launches an investment scam tracker to combat crypto fraud
Wisconsin DFI launches tracker to combat crypto and investment fraud. Nearly $3.55M was lost to fraud in Wisconsin from Jan 2022 to...
Trump Has Raised $25M From Crypto Industry and Bitcoin Whales
Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales...
ASTRO token crashes 60% after Terra blockchain exploit
Astroport (ASTRO) price nosedived 60% after Terra blockchain announced a network halt. The halt followed an exploit on Terra...
Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support
Nobel laureate Paul Krugman claims that bitcoin has remained “economically useless.” He criticized the support...
Tether hit a record $5.2 billion profit in first half on 2024
Tether recorded $1.3 billion in net operating profit for Q2 and $5.2 billion for the first six months of the year. Q2 also saw a...
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the...
Polymarket surpasses $1B in bet trading Volume amid US election betting surge
Polymarket surpasses $1 billion in trading, driven by US election betting surge. Trump leads with 57% odds; Harris’s odds rise to...
Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity...
New GMX revenue distribution model advances to on-chain vote stage
GMX proposes switching revenue distribution from ETH to GMX token buybacks. On-chain voting for the proposal is open until August 4...
Tether Posts $5.2 Billion Profit in First Half of 2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest...
Worldcoin expands ID verification services in Europe
Worldcoin launches ID verification orbs in Vienna as part of EU expansion. The company has faced regulatory challenges in some...
US Bitcoin ETFs Record $18.3 Million in Net Outflows
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting...
Coinbase, Google veterans secure $5M to build ‘blockchain’s LinkedIn’
Icebreaker, an open professional network co-founded by Coinbase and Google veterans, has raised $5 million in a seed round to build...
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase...
Grayscale’s Bitcoin Mini Trust ($BTC) goes live on NYSE Arca
Grayscale announced the launch of its Bitcoin Mini Trust, $BTC, on NYSE Arca on Wednesday. $BTC went live at NAV per share of $5.84...
Russian Diplomat: El Salvador Proposes Settling Trade With Crypto
El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation...
Palpable excitement as Solana-based gambling meme coin Backjack (JACK) launches today
Blackjack ($JACK) launches today on Solana with an 85% fair launch model. The coin embodies high-risk gambling with a total supply...
CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same...
Huawei Aims to Drive AI Adoption in Africa With Data Center Expansion
Chinese tech giant Huawei says it will leverage its experience to help African customers. The company aims to achieve this by...
Bybit introduces digital rupee payments for Indian users
Bybit adds digital rupee (eRupee) payments for Indian users to enhance security. Bybit also supports bank transfers and Paytm for...
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto...
Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
Slovenia issued the first sovereign digital bond in the EU, a 30 million-euro ($32.5 million) bond which will be settled through...
Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an...
Cat-themed meme coin Blackjack ($JACK) to launch on Solana, presale commences in 24 hours
Key takeaways Blackjack is launching on the Solana blockchain and will have a total supply of 100 million tokens. The presale will...
University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about...
DSCVR Launches Canvas: A Massive Leap for Web3 Social Embedded Apps
Los Angeles, United States, July 30th, 2024, Chainwire DSCVR, the largest web3 social media and community-building platform,...
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices...
VALR launches Solana Summer event with 300 SOL in rewards
VALR’s Solana Summer runs from August 1st to September 31st with 300 SOL in rewards. Daily, one participant wins 1 SOL; the top 5...
Goldman Sachs CEO Clarifies His Stance on Bitcoin
Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent...
SEC sues BitClout founder Nader Al-Naji with fraud
Nader Al-Naji is the founder of BitClout, a blockchain social media platform that raised $257 million in a token offering. SEC’s...
SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with...
Bybit to host a star-studded livestream on innovations in crypto and AI
Bybit planning a livestream to explore Web3 innovations and AI integration. Key speakers from Solana, Bybit, TON, and others will...
Central Bank of Brazil Aims to Finalize Crypto Exchange Regulation by Early 2025
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize...
Online casinos in Sweden have one of the highest revenue-per-user rates in Europe, new data reveals
Sweden’s online casino ARPU forecast for 2024 is $1,820, the highest in Europe. Norway, Denmark, and Finland have lower ARPU...
Mempool.space Introduces New Bitcoin Transaction Accelerator With Major Mining Pools
This week, the open-source bitcoin explorer and onchain parser, mempool.space, unveiled its new bitcoin transaction accelerator....
SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit
SEC retracts request to classify ADA, MATIC, and SOL as securities in Binance suit. Affected tokens include ADA, MATIC, SOL, BNB,...
US Ethereum ETFs See Fourth Straight Day of Outflows
According to the latest data, the nine U.S.-based ethereum exchange-traded funds (ETFs) experienced their fourth consecutive day of...
Russia set to legalize crypto and launch digital ruble for public use in a years’ time
Russia to legalize cryptocurrencies for international settlements by September 1. Digital ruble to launch for widespread use by...
Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use
Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently...
Whales accumulate more Bitcoin after latest pullback
Whales scoop Bitcoin as pullback dents bulls’ momentum Bitcoin price touched lows of $65,911 as US government transferred its Silk...
Slovenia Launches First Digital Bond in EU Sovereign History
On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the...
Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin
Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained,...
HackaTRON Season 7 Launches With Google Cloud as Diamond Sponsor, Celebrates Successful Kickoff at Bitcoin Nashville
PRESS RELEASE. Geneva, Switzerland, July 29, 2024 – TRON DAO, along with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly...
An Avalanche Reawakening
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the...
Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024,...
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a...
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack....
Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another...
Interpol Issues Red Notice for ‘Coin Young Master’ Who Threw Cash From Rooftop
Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young...
Blackjack ($JACK), the gambling cat comes to Solana
Blackjack ($JACK) is a new Solana meme coin that merges crypto and meme culture. $JACK will launch via an 85% fair launch on July...
Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump...
Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)
Poodlana’s presale surges to $3.5M, with price set to rise further. Bitcoin hits $69,000, boosted by Trump’s pro-crypto remarks....
Bitget and Nansen Study Highlights Community Impact on Token Price Predictions
Bitget and Nansen Research teams have released a comprehensive report detailing the significant role community engagement plays in...
Traders prepare for new crypto bull run: Poodlana scoops $3.5M
Crypto traders and investors are bracing for a new crypto bull run as sentiment in the industry improved and a sense of greed...
21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the...
US Government Transfers $2 Billion in Bitcoin to Unknown Wallet
According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2...
Interac has aquired Canadian rights to use Vouchr’s multimedia platform
The popular Canadian payment processing company, Interac, has recently acquired the exclusive Canadian rights to utilize Vouchr’s...
Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped
Ethiopia’s birr plunged 30% against the dollar after the central bank floated the currency as part of reforms aimed at...
Wazirx Says ‘Poll Is Not Final’ — Shares Additional Cyberattack Recovery Plan
Indian crypto exchange Wazirx has assured users that the poll conducted to gather input for reopening the platform following the...
Bitcoin touches $70k as analyst warns of ‘calm before storm’ for miners
Bitcoin price touched the $70,000 price level for the first time since June 12, reaching highs of $70,016 on Bitstamp. The rebound...
Ethereum Technical Analysis: ETH Shows Signs of Recovery as Bulls Eye $3,400 Breakout
Ethereum is currently priced at $3,374, with intraday fluctuations ranging from $3,253 to $3,395. Boasting a market capitalization...
Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today,...
Jito releases open-source restaking service for Solana
Jito Foundation has launched an open-source restaking service for Solana, allowing any asset to be used for economic security....
Justin Sun Calls for Restoration of Bitcoin Emoji on X
Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become...
Bitcoin Cash jumps 14% to hit $450 as BTC eyes $70k
Bitcoin Cash (BCH) rose more than 14% in 24 hours to trade above $450, its highest level since mid-June. BCH gained as Bitcoin...
Bitcoin.com’s Verse Community Completes Vote for Verse Brand Refresh
Bitcoin.com, a pioneer in the cryptocurrency space since 2015, will carry out a significant brand refresh for its ecosystem token,...
Coinbase to Provide Custody for Australian Bitcoin ETF BTXX
Digitalx, an ASX-listed company, has selected Coinbase to deliver custody and advanced trading execution services for its recently...
Scammers Use Deepfake Elon Musk Video to Steal Crypto During Bitcoin 2024 Event
Although the Bitcoin 2024 event has wrapped up, the past three days have seen a deepfake Elon Musk...
Vivek Ramaswamy Predicts Trump’s Crypto Advantage and Harris’ Digital Asset Policy
Vivek Ramaswamy, a former presidential candidate, has predicted that former U.S. President Donald Trump will gain support from...
Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Who Will Replace Gensler? Winklevoss Urges Crypto Industry to Demand SEC Chair Decision Before Election
Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange...
Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050
Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global...
Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric
Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala...
SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust
The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s...
Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High
According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average...