Quick Look
North Korea’s Lazarus Group Exploited Defi Protocol Alex Lab for $4.3 Million, Probe Reveals
Bitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million...
ECB Publishes Digital Euro’s First Progress Report
The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key...
India’s Digital Rupee Usage Drops Drastically After Initial Surge
India’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a...
Minutes Network closes in on its first 1.2 billion users with Smart Energy Water
London, United Kingdom, June 25th, 2024, Chainwire Minutes Network is pleased to announce a ground-breaking collaboration that is...
Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back...
GolfN Tees Up Play-to-Earn Golf Following $1.3M Pre-Seed Raise
Chicago, United States, June 25th, 2024, Chainwire GolfN is the first golf app to use the power of tokenization and digital...
Digital Euro Holding Limit: Debate Continues
The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro,...
Crypto Security Tool Harpie Expands Theft Protection to Three New Blockchains
New York, NY, United States, June 25th, 2024, Chainwire The company expands flagship Ethereum mainnet support to accommodate rising...
Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails
The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are...
US Congressman introduces bill to allow IRS accept Bitcoin for tax payments
US Congressman Matt Gaetz has introduced legislation that would require the IRS to accept tax paid with Bitcoin. If enacted into...
Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand
Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its...
Introducing FatBoy: Exciting Token Presale and Reward Opportunities Ahead
PRESS RELEASE. FatBoy, the project boosting the Talking Tom concept by offering real-world rewards, is excited to announce the...
Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by...
Bitget Wallet Integrated on Eigenpie, Amplifies Restaking Services
Victoria, Seychelles, June 25th, 2024, Chainwire Eigenpie, a leading liquid restaking platform for Ethereum, has officially...
From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin
According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above...
Crypto Fear and Greed Index hits 30, lowest level in 18 months
Crypto Fear and Greed Index is currently in the “fear” zone with a score of 30. This is the lowest sentiment measure for Bitcoin...
Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market
After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin...
Bitget Proof-of-Reserves (PoR) in June portrays a 46% increase in user assets for Ethereum (ETH)
Victoria, Seychelles, June 25th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has shared...
Former Soccer Star Ronaldinho: Time for Crypto to Go Mainstream
In a now-deleted message posted on June 23 on X, former Brazilian soccer superstar Ronaldo de Assis Moreira, known as Ronaldinho,...
Promontory Technologies Goes Live for External/LP Investors
Road Town, British Virgin Islands, June 25th, 2024, Chainwire Promontory Technologies is excited to announce the launch of its...
Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden
Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming...
Iran Officially Unveils Central Bank Digital Currency Project
Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran...
Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm
A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded...
Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using...
The Two-Class System of Regulation Plaguing Europe
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as...
Bitcoin dips to $60k as Solciety’s presale rakes in $400k in a week
Key takeaways Bitcoin briefly dropped below $59k on Monday as Mt. Gox plans to repay some of its clients. Solciety has raised $400k...
Wikileaks Founder Julian Assange Freed From Prison — Set to Plead Guilty in US Deal
Wikileaks founder Julian Assange has been released from prison after serving five years, following a plea agreement with the U.S....
Metaplanet doubles down on Bitcoin, eyes additional $6.2 million purchase
Japanese firm Metaplanet announces 1 billion yen ($6.2 million) BTC purchase. Funds will come from proceeds of a bond issuance....
Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy
Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is...
Light Protocol and Helius Labs launch ZK Compression on Solana to reduce storage costs
The ZK Compression uses zero-knowledge proofs for data compression. The ZK Compression slashes Solana on-chain storage costs by...
JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced...
Bitcoin drops below $60k amid fresh sell-off pressure
Bitcoin (BTC) price fell more than 5% to drop below the $60,000 threshold. The declines came after news that Mt.Gox will start...
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows,...
ZKsync opens second round of ZK token airdrop claims
ZKsync’s second wave of ZK token claims is now live ZK Nation announced participants can check eligibility if they are Protocol...
Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD
The directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase...
BODEN, TREMP and SLCTY eye bounce despite Bitcoin’s struggles
Solciety (SLCTY) is a new PolitiFi token on Solana. BODEN and TREMP are two of the top PolitiFi meme coins that could experience...
Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at...
Security breach reports send Farcana (FAR) crushing 60%
Farcana (FAR) token has plunged 60% due to a reported wallet hack. Farcana has responded to the breach reports and urged caution,...
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative...
Tether announces cease of USDT minting on Algorand and EOS
Tether ceases USDT minting on EOS and Algorand starting June 24, 2024. Tether will redeem USDT on EOS and Algorand for the next 12...
Kenya Concludes Worldcoin Investigation
Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East...
Bitget Wallet Introduces Advanced TON Network Integration for dApps
Victoria, Seychelles, June 24th, 2024, Chainwire Bitget Wallet the world’s leading Web3 trading ecosystem, has launched a...
User Games Zksync Airdrop, Receives Over $1.1 Million in 350 Wallets
K1z4, an X user, recently revealed that they had farmed the Zksync airdrop, receiving over 6.6 million ZK tokens, valued at over...
CoinStats temporarily shuts down, advises users to transfer their funds
CoinStats has temporarily shut down its app after the June 22 security breach. Users are advised to transfer funds immediately...
LBank Exchange Will List DED (DED) on June 24, 2024
PRESS RELEASE. Road Town, BVI, June 24, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts,...
AI Depin Project Grass to Implement Rewards Distribution Using Solana
Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards...
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of...
Top 10 TON Chain Coins Reach $20 Billion in Combined Value
Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week....
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the...
Binance Helps Btcturk With Hack Investigations — Freezes Over $5.3M in Stolen Funds
Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto...
Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor
Although Bitcoin-based decentralized applications (dapps) have been known to replicate or copy Ethereum dApps, Jeff Yin, founder of...
Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations
In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently...
Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929
As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon,...
Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway. Many...
Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App
According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the...
Donald Trump’s VP Contenders: A Look at Polymarket Odds and Favorites
With the 2024 election set for November, there’s growing curiosity about whom former President Donald Trump will select as...
Exploring Crypto’s Most Expensive Assets: The 5, 4, and 3-Digit Clubs
Throughout bitcoin’s history, the leading crypto asset has traded at five digits per unit for over 28% of its time. In 2022...
Detained Binance Employee Includes Financial Compensation Demand in Amended Rights Lawsuit
The jailed Binance employee, Tigran Gambaryan, recently requested permission to amend his fundamental human rights violation...
SEC Demands $102M From Ripple, Dems Reportedly Prepare for Crypto Roundtable, and More — Week in Review
The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the...
JasmyCoin defies broader crypto market as price surges 12%
JasmyCoin surges 12% as price defies broader crypto market JASMY could flip to $0.04 if bulls hold above key support level...
Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling
While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship...
Prime Suspect in $2.2M Crypto Fraud Faces Up to 20 Years in Prison
The U.S. Department of Justice (DOJ) announced on Friday that Robert Wesley Robb, 46, from Colorado, pled guilty to wire fraud for...
South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty
South African crypto traders have reportedly started receiving notices from the South African Revenue Service (SARS) indicating...
Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide
In the realm of bitcoin trading, technical analysis can play a significant role, with oscillators being pivotal tools. Oscillators,...
Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced...
Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian...
US Government to Report Seized Crypto as ‘Nonmonetary Property’
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as...
Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings
Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded...
Ripple CEO Hails Latest Court Ruling ‘a Big Win’ — Calls His Lawsuit Baseless Troll Attempt
Ripple CEO Brad Garlinghouse says the latest court ruling on Ripple’s securities lawsuit “is a big win.” He...
Summer Consolidation to Precede US Election ‘Fireworks’ in Crypto Markets, Says QCP Capital
Despite several bullish indicators, including a significant bitcoin purchase by Microstrategy and optimistic projections by notable...
Robert Kennedy Jr Promises to Pardon Ross Ulbricht if Elected President — Says He’s Been in Prison ‘Far Too Long’
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to pardon Ross Ulbricht if elected. Like former U.S....
Nigeria Rejects Claims Jailed Binance Executive Denied Quality Healthcare
A Nigerian government official has rejected claims that the jailed Binance executive is being denied access to quality healthcare....
Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally
The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s...
McKinsey Report: Tokenization at a Tipping Point, Poised to Transform Financial Markets
The world of finance is standing on the brink of a transformative era driven by the rising prominence of tokenized assets....
Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions
Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living...
Report: Pantera Capital Eyes Fresh Funds for New TON Token Investment
Pantera Capital, an American investment firm, is reportedly preparing to raise funds for a new investment in toncoin (TON). This...
Just 3 Days Left to Invest in Viral Sealana Presale as Experts Predict Post-Listing Success
Sealana (SEAL) is the talk of the crypto market as its presale enters the last stretch. With just four days left on the clock,...
Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt
Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently...
NFT Sales Plunge 21% Amid Broad Crypto Market Decline
Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique...
US Lawmaker Urges Nigerian Government to Grant Humanitarian Release for Jailed Binance Employee
Two U.S. lawmakers, French Hill and Chrissy Houlahan, have added their voices to calls for the release of jailed Binance executive...
Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency
Four Vietnamese nationals were charged in a U.S. court for a series of cyber intrusions causing over $71 million in losses. The...
Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme
The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a...
Cantor Fitzgerald CEO Props up Stablecoins in the Fight for US Dollar Hegemony
Howard Lutnick, CEO of financial services company Cantor Fitzgerald, highlighted the value of stablecoins in the fight to maintain...
US State Regulator Shares Key Crypto Investment Tips for Seniors
The Tennessee Department of Commerce & Insurance (TDCI) Division of Securities is raising awareness about the potential risks...
Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an...
Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing
Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do...
Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’
Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald...
Ripple Clarifies XRP Is Not a Security After New Court Ruling
Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple...
Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC Disclosure
According to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and...