Quick Look
Bukele Announces Private Investment of $1.61 Billion in Third Phase of Economic Overhaul Plan for El Salvador
President Nayib Bukele used his personal X account to present the third phase of his economic plan for El Salvador. Titled...
Coinbase expands crypto services to Hawaii following a regulatory shift
Coinbase expands services to Hawaii after regulatory changes ease restrictions. Hawaii residents can now buy, sell, and stake...
Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes
The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range...
Tether invests $3 million in Kem to bolster USDT adoption
Tether announces $3 million strategic investment in Kem app to boost adoption of its stablecoin USDT. Kem’s partnership helps...
Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration
The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its...
Bit-Chess Announced Its Presale for Decentralized Chess to Take the Center Stage
Prien am Chiemsee, Germany, August 13th, 2024, Chainwire Bit-Chess, a newly launched crypto project, proudly announces the presale...
Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received
Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack....
Step into the future at Istanbul Blockchain Week 2024
Are you ready to dive into the heart of one of the biggest markets in web3? Get ready for Istanbul Blockchain Week 2024! Join us...
UAE and UK Accounting Bodies Partner to Shape Digital Finance Future
The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with the United Arab Emirates (UAE) Banks...
Aleph Zero Launches Its EVM-Layer on Mainnet
Zug, Switzerland, August 12th, 2024, Chainwire Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its...
Verofax Partners With Climate Tech Firm Netgreen to Power Global Reforestation Efforts
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership...
SunPump Beta Launches on TRON, Driving Innovation in Meme Coin Development
PRESS RELEASE. Singapore, August 13, 2024 – SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of...
Ecuador’s Data Protection Agency Lacks Resources to Assess Worldcoin’s Compliance Status
The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess...
Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last...
Tyler Winklevoss Warns Operation Chokepoint 2.0 Remains in Full Swing
Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss Capital, has alerted about the ongoing status of...
20 Crypto Startups Raise $141.3 Million in Less Than 2 Weeks
In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics....
Venezuela restricts access to Binance and X amid election unrest
Venezuelan government blocks Binance, X, Reddit, and Signal amid election unrest. CANTV, Venezuela’s state ISP, enforces the...
Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving $1.2M Crypto Ransom
Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a...
Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase
Marathon Digital plans to raise $250M via convertible senior notes for Bitcoin buying. The funds will also support corporate...
New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to...
Lido Finance votes to integrate stETH into BNB Chain
Lido Finance integrates stETH into BNB Chain, marking its first cross-chain move. The integration uses Axelar and Wormhole to...
AI Search Engine Perplexity Teams up With Predictions Market Giant Polymarket
On Aug. 12, 2024, the startup behind Perplexity, an AI-driven search engine and chatbot, revealed a new partnership with...
Crypto price prediction: Sui, Bitcoin, Poodlana
SUI’s bullish momentum has has boosted it to the day’s top gainer among cryptos as Bitcoin struggles to break the crucial zone of...
MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin
Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes...
Has crypto’s impact on gaming been truly realised yet?
Cryptocurrencies can enhance gaming with fast transactions and privacy benefits Legal ambiguities in South Africa restrict crypto...
Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to...
Istanbul Blockchain Week reveals Arkham as Title Sponsor
Leading on-chain analytics company to provide exclusive industry insights and expand Turkish presence at Eurasia’s premiere...
PEPU Presale Raises $8M for New Ethereum-Beating Layer-2 Solution
Pepe Unchained (PEPU), one of the most talked-about new meme coin projects, has just passed $8 million in its presale phase. But...
Bybit and DMCC extend partnership to bolster Dubai’s crypto ecosystem
Bybit extended its DMCC partnership, transitioning to an advisory role from August 2024. Bybit and DMCC to co-organize a global...
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market...
MoonTaurus Advances to Presale Stage 2 at $0.01, Set for Launch at $0.07
A new contender in the crypto world, MoonTaurus (MNTR), is turning heads as it gears up to enter Stage 2 of its presale. With a...
Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this...
Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s...
47 Companies Apply to Operate in Turkey Under New Crypto Regulations
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional...
Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC)...
Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade
Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to...
Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade
Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies,...
Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
On Sunday, bitcoin slipped below the $60,000 mark and dipped even further beneath the $59,000 range. The leading cryptocurrency...
From Teraflux to Antminer: Exploring the Top ASIC Bitcoin Mining Rigs on the Market Today
During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash...
Bitcoin Reserves on Exchanges Hit 5-Year Low With $5.96B Withdrawn in 30 Days
According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19,...
Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands
CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency...
Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts
Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity...
Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14
Following the latest difficulty change 11 days ago when the metric increased by 10.5%, Bitcoin’s difficulty is estimated to...
2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%
It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive...
150,000 Ether Floods Liquid Staking Platforms in 27 Days
In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing...
Kiyosaki on Market Crash, Crypto for Harris, and More — Week in Review
Robert Kiyosaki declared that the much-anticipated market crash has arrived, emphasizing the significant losses and highlighting it...
Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa
Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain...
Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status
A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning, using, and trading digital...
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the...
SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures
The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for...
Uniswap Layer 2 users increase 350% as Poodlana meme coin nears listing
Uniswap Layer 2 users have surged by 350%, but trading volume has dropped 39% since May. Poodlana’s presale has raised $6.3M, with...
Connecticut Police Recover $63,500 in Cryptocurrency Scam
Connecticut State Police (CSP), in collaboration with the Statewide Prosecution Bureau, said on Wednesday that they have...
CFTC Pays $1M to Whistleblower in Digital Asset Case
The Commodity Futures Trading Commission paid a $1 million whistleblower award for information leading to an enforcement action in...
Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering
Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing...
Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype
A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the...
SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes
The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case...
Elon Musk: How Government Overspending and Excessive Regulation Fuel Inflation
Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which he...
Jamie Dimon Says US Recession Still on the Horizon as JPMorgan Increases Forecast
JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy. Dimon...
Putin Signs Law to Regulate Crypto Mining in Russia
Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the...
Peru Issues VASP Regulation, Strengthens AML/TF Requirements
The Superintendence of Banking and Insurance (SBS) of Peru, has issued a resolution that forces VASPs to implement Know Your...
time is running out to buy the hottest token of 2024
Cryptocurrency prices ended the week on a high note as Bitcoin pared back most of their Monday losses. In a remarkable feat, the...
Solana Gains Ground on Ethereum and Bitcoin in 2024
Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when...
IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements
The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing...
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant...
Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions
In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing...
Wazirx to Reverse All Trades Made After Withdrawal Freeze
Indian crypto exchange Wazirx has decided to reverse all trades made after withdrawals were halted following the recent...
QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles
QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp...
NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks
Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) sales experienced a 6.29% increase from the previous week, hitting a...
Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption
While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra,...
New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’
A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and...
Okx Says Accounts Interacting With Tornado Cash Will Be Closed
According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and...
Milei’s Government Creates ‘Minority Report’ AI Unit to Predict Crimes in Argentina
The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning...
Pip World Buys Roblox Stock Simulator Game for Undisclosed Price
Stockrise, Roblox’s highest-grossing stock simulator game, has been acquired by the socialfi gaming platform Pip World for an...
Robinhood Reports 161% Surge in Q2 Crypto Revenue
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in...
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400...
Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino
The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by...
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the...
Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000
In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current...
Polymarket’s Integrity Questioned Over Venezuelan Presidential Election Bet Outcome
Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the...
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading...
Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum
Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and...
Nexio Raises $2.2M in Pre-Seed Funding, Launches Parallelized Bitcoin Rollup to Revolutionize Bitcoin’s Scalability
PRESS RELEASE. New York, August 9th, 2024 – Nexio, a pioneering Bitcoin scaling solution leveraging parallelized rollup technology,...
Mario Mosböck Partners CoinPoker to Build Online Poker Site, With PoR on the Blockchainin
Willemstad, Curacao, August 9th, 2024, Chainwire Online poker site CoinPoker has released a proof of reserves (PoR) report showing...
Automobili Lamborghini Partners With NFT Gaming Giant Animoca Brands
Automobili Lamborghini and Animoca Brands, known for non-fungible tokens (NFTs), Web3 gaming, and the metaverse, have announced a...
SUI price prediction as Poodlana enters final 7-day countdown
Sui price was up 28% in the past 24 hours to lead market gainers. Poodlana on the other hand had reached $5.8 million in presale...
WhoMadeWho, Da Capo to Headline AFTER 2049, Singapore’s Biggest Pre-Formula 1 Party
PRESS RELEASE. SINGAPORE — 9th August 2024 — TOKEN2049, the world’s largest Web3 and crypto conference, announced a star-studded DJ...
Sea of green in crypto as new exchange, DTX, raises $1.2 million
Cryptocurrency prices have staged a strong comeback this week as concerns about the Japanese yen comeback faded. After tumbling...
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led...
Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy
The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its...
Brazilian Regulator Approves Solana Spot ETF
The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national...