Quick Look
Franklin Templeton Endorses Solana Following Launch of its Ethereum ETF
Franklin Templeton has said that Solana has shown “major adoption and continues to mature” The asset manager launched its second...
Harris vs. Trump: Polls Show Tight Race as Betting and Prediction Markets Favor Trump
After Kamala Harris announced her candidacy for the U.S. presidency in the 2024 election, recent polls show she is performing...
Bitstamp to distribute Mt. Gox BTC from July 25
Bitstamp plans to distribute Mt. Gox Bitcoin and Bitcoin Cash as from Thursday, July 25. The exchange will have a separate...
US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of...
Bitcoin hovers near $66.5k as Mt.Gox users ‘choose to hodl’
Bitcoin price still hovers above $66k despite Mt. Gox repayments. Analysts say on-chain data shows most BTC holders receiving the...
Wazirx Prepares Poll for User Input on Resuming Withdrawals and Trading
Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and...
Ferrari to Extend Crypto Payment Scheme to Europe Following US Launch
Ferrari is to accept crypto payments in Europe by the end of July The luxury sports car company wants to extend the scheme to other...
South African Startup Neonomad to Launch Rand-Backed Stablecoin
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This...
Riot announces acquisition of Bitcoin miner Block Mining
Riot Platforms announced its acquisition of Block Mining on July 23. The bitcoin miner said the transaction involved $18.5 million...
Unbound Fund Offers a New Path to EU Citizenship With Bitcoin Investment
Unbound Fund has announced a new opportunity for individuals to acquire Portuguese/EU citizenship by indirectly holding bitcoin...
US spot Ethereum ETFs record $106 million net inflows on debut
The US spot Ethereum exchange-traded funds market saw $106.7 million in net inflows on their first trading. BlackRock’s ETHA led...
Tokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase
Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This...
EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets
The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest...
Marathon Digital Ordered to Pay $138M for Contract Breach
A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings...
Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million...
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against...
87% of Russians Aware of Cryptocurrency, 42% Familiar With Hamster Kombat, Survey Shows
A survey by the All-Russian Public Opinion Research Center reveals high awareness of cryptocurrency among Russians but limited...
UAE Central Bank introduces new Stablecoin regulations
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for...
Robert Kiyosaki Forecasts $105,000 Bitcoin and $3,300 Gold if Trump Wins
Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken,...
Sui Builders Now to Run on AWS Blockchain Node Runners
Grand Cayman, Cayman Islands, July 23rd, 2024, Chainwire Sui joins an exclusive list of AWS-integrated blockchains Sui Foundation,...
Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether...
Multipool Secures Strategic Investment from Industry Giant Kronos Research
Majuro, Marshall Islands, July 23rd, 2024, Chainwire Multipool, a leading innovator in the blockchain and cryptocurrency industry,...
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its...
dYdX faces security breach amid sale discussions and leadership changes
dYdX v3 compromised by a DNS attack; 2 smart contracts compromised. Exchange discussing the sale of its derivatives arm to...
Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding...
Gate.io terminates services for Japanese customers amid regulatory pressures
io halts Japanese operations due to FSA regulatory compliance demands. The exchange will assist Japanese customers in migrating to...
India Maintains Crypto Tax Regulations in 2024/25 Budget
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations...
The Digital Chamber Wants Kamala Harris to Champion Digital Asset Innovations
The Digital Chamber group wants Kamala Harris to support digital assets The advocacy group has requested Harris pick a vice...
Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address
Following U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he...
US SEC approves Ethereum ETFs, Grayscale spot Ether ETFs launch on NYSE Arca
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the...
Kamala Harris Urged to Embrace Digital Assets
The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry...
Dogecoin targets recovery as investors choose Poodlana
Poodlana presale has raised over $2.1 million in under a week as Dogecoin price struggles for momentum. The crypto-savvy are...
Gate.io Suspends New Account Registrations in Japan Amid Regulatory Pressures
In response to compliance requests from Japan’s Financial Services Agency, crypto exchange Gate.io has announced the suspension of...
Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And Others
George Town, Cayman Islands, July 22nd, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level...
South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection
Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC),...
Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination
Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a...
Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets
In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the...
India Favors BRICS Payment System, Says Institute Director
India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach....
Analysts Predict US Dollar Trends Amid Biden’s Withdrawal and Trump’s Lead
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a...
Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities...
ETHTrustFund DAO accused of $2M rug pull in latest crypto scam
ETHTrustFund DAO allegedly stole $2M and laundered funds via mixer apps. Developer Peng went silent months before the rug pull and...
Trump’s Claims About El Salvador and President Bukele Debunked
Former U.S. President Donald Trump stated that El Salvador’s 70% drop in murders was due to criminals being sent to the U.S....
MicroStrategy’s stock performance soars amid Bitcoin rally
MicroStrategy’s stock outperformed major tech stocks due to its significant Bitcoin holdings, surging 15% recently. Since the start...
Cross-Border Digital Ruble Payments May Become a Reality in 2026
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements...
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting...
SEC Extends Review Period for Bitcoin Trust Options Trading Proposals
The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various...
NYSE Clears Listing of Bitwise and Grayscale ETH ETFs, Trading Expected Tuesday
Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs)...
Decentralized Finance TVL Recovers to $100B After July Lows
Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the...
Polymarket Wager Places Josh Shapiro, Roy Cooper as Leading VP Candidates for Harris
According to the latest data from the prediction market Polymarket, the 75th Governor of North Carolina, Roy Cooper, and the 48th...
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S....
Cboe Announces July Date to List Five Spot Ether ETFs
Cboe is planning on listing five ether exchange-traded funds (ETFs) on July 23 It will begin trading spot ETFs from the 21Shares...
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The...
Market volatility post Joe Biden withdrawal wipes out $113M as investors flock to Poodlana
The withdrawal of Joe Biden has caused some market volatility with $113M worth of traded liquidated. Investors are flocking to...
Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay....
Avalanche holds above $30 despite politics-driven crypto dip
Avalanche (AVAX) hovered above $30 after breaking out from lows of $26 last week. Despite overall dip in crypto amid latest US...
Hong Kong’s Boyaa Interactive Announces Strategic Bitcoin Ecosystem Cooperation, Plans to Purchase $100 Million in BTC
Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem...
HKX joins growing list of crypto exchanges exiting Hong Kong
HKX to cease operations in Hong Kong due to regulatory compliance issues. Thirteen crypto exchanges have had their license...
Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last...
SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks
Hong Kong, Hong Kong, July 21st, 2024, Chainwire SoMon, a decentralized Web3 forum with a vision to create a space for user-owned...
Meta to Appeal Nigeria’s $220 Million Data Privacy Fine
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta (formerly Facebook) $220 million for...
Delhi Police Arrest 7 in Crypto Fraud
Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh...
African Union Approves Continent’s Artificial Intelligence Strategy
The African Union (AU) has approved its Continental Artificial Intelligence (AI) Strategy and African Digital Compact to drive...
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending...
Solana-Based Kamala Token Soars as Biden-Linked Meme Coins Tumble After Race Withdrawal
On July 21, 2024, a Sunday evening around 8:30 p.m. Eastern Time, presidential meme coins experienced notable fluctuations. A...
Robert Kiyosaki: Real Estate Markets Crashing, Time to Make Money in Your Sleep
Rich Dad Poor Dad author Robert Kiyosaki predicts a major opportunity for wealth accumulation as real estate markets crash....
Latam Insights: Bukele Slashes Import Duties in El Salvador, Argentina Enacts Crypto Tax Normalization
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
New Virtual Asset Protection Act Takes Effect in South Korea
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and...
Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin...
Poodlana, Mother Iggy, Cat in a Dogs World (MEW)
Cryptocurrency prices remained on edge during the weekend as investors waited for the next catalyst. Bitcoin was trading at $66,800...
Biden Exits 2024 Election, Polymarket Predicts Kamala Harris as Leading Democratic Nominee
Following the announcement that President Joe Biden will withdraw from the 2024 election, the prediction market Polymarket now...
Bitcoin Cash (BCH) Conference 2024 Coming to Buenos Aires, Argentina in October
The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14,...
Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience
While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through,...
Wazirx Offers $23M Bounty to Recover Stolen Assets After Massive Security Breach
Indian crypto exchange Wazirx has announced a $23 million bounty program to recover assets stolen in a cyberattack on its multisig...
HTX Is Developing an Apple Vision Pro Crypto Exchange Concept
In a recent social media post, Justin Sun, the crypto entrepreneur, shared his experience with the HTX app on his Apple Vision Pro....
Trump’s Odds of Winning Soar, OTC Volume Surges 95% in H1, and More — Week in Review
Former U.S. President Donald Trump experienced a surge in prediction market odds for winning the presidential election after an...
Former Finance VP Pleads Guilty to Embezzling $4 Million From Crypto Firm
Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ)...
Nigeria’s Self-Proclaimed Crypto Billionaire Released From Police Custody
The recently detained Nigerian self-proclaimed cryptocurrency billionaire, Linus Williams, has been released on bail. According to...
AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before...
Nigeria Acts to Defend Naira After Currency Hits New Record Low
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The...
Messari CEO Selkis Resigns After Controversial Political Posts
Ryan Selkis, founder of Messari, has stepped down as CEO, following controversial social media posts. He will transition to Senior...
Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern
Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.”...
US Senator Highlights Bitcoin as Currency Unaffected by Widespread Cyber Outages
U.S. Senator Cynthia Lummis has emphasized bitcoin’s resilience as a form of currency unaffected by widespread cyber outages....
2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case
Two foreign nationals pleaded guilty in Newark federal court regarding their participation in the Lockbit ransomware organization,...
Bitforex to Reopen Withdrawals Months After Team Members’ Detention Rendered Platform Inaccessible
Digital asset platform Bitforex has announced that users will soon be able to withdraw their assets. However, all trading functions...
SEC and 100 Agencies Form Council to Combat Securities Fraud
The U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) to enhance coordination...
Rho Markets Pauses Platform After Attacker Siphons $7.6 Million in Digital Assets
The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been...
Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach
Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange....
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently...
Five spot Ethereum ETFs will launch on July 23. Is it time to invest more in crypto?
Key takeaways Five spot Ethereum ETFs, including Fidelity, are set to launch on July 23rd. Poodlana’s presale is now close to the...
Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange
Europe stands out as the global leader, accounting for 37.32% of the total transactional value, according to a comprehensive...