Quick Look
Philippines Plans to Introduce Wholesale CBDC by 2029
Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine...
Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent
According to the latest Global System for Mobile Communications (GSMA) study report, the success of artificial intelligence (AI) in...
Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform...
Russia Advances Cryptocurrency Mining Bill
Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote...
BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director
The World Bank Executive Director for Russia forecasts that BRICS nations will soon dominate the World Bank and the International...
BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official
The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to...
Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows
Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the...
Dogizen Launch Imminent, Challenging Hamster Kombat and Catizen
Hong Kong, HK, July 26th, 2024, Chainwire 2024 started with explosive growth in games like Hamster Kombat, breaking Guiness world...
Zimbabwe Injects $50M in Forex Market to Stabilize Currency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign...
Michigan pension fund discloses $6.6 million in Bitcoin ETFs
The State of Michigan Retirement System holds $6.6 million in 21Shares’ ARKB ETF. Michigan pension fund’s disclosure adds to...
Salvadoran Basic Goods Basket Rose to Historic Highs in June
The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels...
Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB
Grand Cayman, Cayman Islands, July 26th, 2024, Chainwire Kwenta, the leading onchain perpetuals exchange on the Optimism network,...
Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts
Bitcoin (BTC) is poised for substantial price increases in the coming years, according to a recent survey by Finder. The survey,...
US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE
On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s...
US Bitcoin ETFs Report $31.16M Inflows on Thursday
Based on Thursday’s data, the 11 U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows...
Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance
Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC)...
Is This the Official Olympics Token? The Meme Games Token Pumps Past $250K in Presale
Just when you thought the crypto market had seen it all, along comes a project that’s part meme, part Olympics tribute. The Meme...
Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market
A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing...
bitFlyer completes acquisition of FTX Japan
bitFlyer has acquired 100% of FTX Japan shares and will rebrand the platform by August 26, 2024. The Tokyo-based crypto exchange...
Lightning Labs Rolls out Taproot Assets Seeking to Bring Stablecoins to Lightning Network
Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second...
Bitcoin ATM installations are approaching 2022’s record high, driven by recent surge in BTC price
Coin ATM Radar data shows that the global crypto ATMs market is on the cusp of surpassing the peak of 2022. The USA leads with over...
Russia-Linked Banknotes Blamed for Libyan Dinar Plunge
The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report...
Swapuz Starts Using Its Own Liquidity for Swaps Processing
PRESS RELEASE. Swapuz, a leading platform for cryptocurrency swaps, proudly announces the integration of its proprietary liquidity...
Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps
Hong Kong, Hong Kong, July 25th, 2024, Chainwire The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app...
Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud
Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40...
Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud
The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud...
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with...
Crypto price predictions: Raydium (RAY), LayerZero (ZRO), Poodlana (POODL)
Raydium’s (RAY) price targets $4.27 after a 50% surge, supported by MoonPay. LayerZero (ZRO) forecasted to hit $4.524084 by August...
Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation
The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital...
Pepe, WIF, Bonk minted millionaires: will Poodlana be next?
Meme coins have accumulated over $50 billion in assets. The most popular tokens are the likes of Dogecoin, Shiba Inu, and...
UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching...
Jersey City mayor to invest pension fund in Bitcoin ETFs
Jersey City Mayor Steven Fulop plans to invest pension funds in Bitcoin ETFs. Fulop likens the investment to Wisconsin Pension...
US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51...
Donald Trump raises $3 million in crypto in Q2 for his reelection campaign
Trump campaign raised $3M in crypto in Q2 2024, led by Winklevoss and Powell donations. Trump 47 Committee reported over $118M...
Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M
According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham...
ETH falls amid $133 million spot Ethereum ETFs outflows
Ethereum (ETH) slumped more than 8% after the US spot Ethereum exchange-traded funds saw over $133 million in outflows in the...
Crypto Industry ‘Will Show No Mercy’ in November Says Winklevoss After Harris Snubs Bitcoin Event
Following the announcement that U.S. Vice President Kamala Harris won’t attend the Bitcoin 2024 conference in Nashville,...
BitcoinOS Team Claims to Have Verified the First ZK Proof on Bitcoin Mainnet
BitcoinOS, developers of rollups for Bitcoin, claim to have verified the first zero-knowledge proof on the Bitcoin mainnet. This...
Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ‘No Evidence of Compromise’
Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its...
UK’s Coinbase subsidiary fined $4.5 Million for high-risk customer breaches
CB Payments Limited (CBPL) a subsidiary the Coinbase Group fined $4.5 million by FCA for onboarding high-risk customers. Breaches...
MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings
Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings...
Revolut secures UK banking license
Crypto-friendly fintech platform Revolut has secured a banking license in the UK. The digital bank has 9 million UK customers and...
Egyptian Fintech Unicorn Secures $157.5 Million In Latest Funding Round
The Egyptian fintech giant MNT Halan has raised $157.5 million to fund its regional expansion. Mounir Nakhla stated that MNT...
HSBC Australia blocks payments to crypto exchanges
HSBC Australia will block all customer payments to crypto exchanges as from July 24, 2024. The bank told customers in an email that...
Web3 Infrastructure Platform Caldera Raises $15M in Early-Stage Funding
Web3 infrastructure platform Caldera has successfully raised $15 million in an early-stage funding round, signaling strong investor...
New Cryptocurrency MoonTaurus Raised $100k Within Just Two Hours of the Presale’s Launch
London, England, July 24th, 2024, Chainwire MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive...
Bitcoin.com to Airdrop VERSE Tokens
Active users of the Bitcoin.com Wallet app to be rewarded with Bitcoin.com’s ecosystem token VERSE. Bitcoin.com, a pioneer...
Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth
Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital...
Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments
The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s...
Bybit launches spot liquidity pairing to connect liquid providers with projects
Bybit launches Spot Liquidity Pairing Program to enhance liquidity for projects. The program boosts visibility and partnerships,...
Hong Kong Launches Its First Inverse Bitcoin ETF Product
CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong...
Spot Ethereum ETFs record $1b trading volume on day one as Poodlana’s presale approaches $2.5m
Key takeaways Spot Ethereum ETFs began trading on Tuesday and recorded a trading volume of $1 billion on the first day. The...
Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser
Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app...
Ferrari extends crypto payment system to Europe after US launch
Ferrari has announced it will begin to accept crypto payments for its luxury sports cars in Europe. The expansion starts from the...
Robert Kiyosaki vs Peter Schiff: Conflicting Predictions on Gold, Bitcoin, and US Dollar
Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of...
Xapo Bank confirmed as title sponsor for Bitcoin 2024
BTC Inc, organizer of The Bitcoin Conference, has revealed that Xapo Bank has signed on as title sponsor for Bitcoin 2024. Xapo...
Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors
Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the...
Base Network Pushes for Stage 1 Decentralisation
Coinbase’s layer 2 chain, Base, begins the journey to Stage 1 Decentralisation by deploying fault proofs on the Base Sepolia...
Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in...
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...