Quick Look
Whale accumulates $118M in Wrapped Bitcoin (WBTC) amid controversy
The whale acquired 347 Wrapped Bitcoin (WBTC) within just 12 hours on August 19. BitGo plans to transfer control of WBTC to a joint...
Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans...
Bank of Ghana Unveils Proposed Virtual Asset Regulations
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are...
Poodlana: First CEX milestone as POODL lists on MEXC
Poodlana listed on Raydium after concluding its $8 million presale. MEXC is the first major crypto exchange to add a new token ...
Seychelles Approves Bill on Virtual Asset Regulation
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires...
HashKey Group taps TON mini-game Catizen as first Web3 partner
HashKey Group and Telegram mini-game Catizen have announced a partnership, with Catizen teh first official Web3 partner. The...
Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda
While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform...
Russia’s largest search engine Yandex bans crypto ads
Yandex bans ads for crypto exchanges, smart contracts, mining, and ICOs in Russia. Ads for mining equipment, educational content,...
Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them
OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called...
Bitwise expands into Europe with acquisition of ETC Group
Bitwise acquires ETC Group, expanding into Europe with $4.5B in crypto AUM. ETC Group’s products will rebrand under Bitwise but...
Tron Triumphs as Cardano Fades—ADA Drops From Crypto’s Top 10
Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to...
Self-custodial Bitcoin staking protocol Babylon announces mainnet
Babylon, the self-custodial Bitcoin staking protocol, will launch its mainnet on August 22, 2024. The launch brings a “third native...
Bitwise Expands European Presence Through Acquisition of ETC Group
Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of...
DOGS Partners with Bitget for Gas-Free Airdrop Claims
Victoria, Seychelles, August 19th, 2024, Chainwire Bitget, a leading cryptocurrency exchange and Web3 company, has announced a...
QCP Capital Analyzes Market Sentiment Ahead of Fed Chair’s Speech at Jackson Hole
QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate...
AC Milan inks new sponsorship deal with crypto exchange, Bitpanda
AC Milan has signed Bitpanda as its premium crypto trading partner for 2024/25. The partnership includes branding coverage at the...
Crypto’s Weekly Winners and Losers: RARE Soars, MOG Slumps
On Monday, the crypto economy held steady at $2.06 trillion, though it dipped by 2.26% in value over the last 24 hours. Bitcoin...
Binance to support Frontier (FRONT) token swap and rebranding
Binance announces support for Frontier token swap and rebranding to Self Chain (SLF). FRONT price surged 20% following the...
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency...
Tether expands USDT to the Aptos blockchain
Tether will soon bring USDT minting to Aptos blockchain. USDT is the world’s largest stablecoin with a market cap of over $116...
Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro
While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are...
Toncoin signals bullish momentum as Bitcoin Dogs gears for its debut on three exchanges
BARR pattern breakout signals a potential 40% rise to $9.50 for Toncoin (TON). Binance listing and Injective integration boost...
Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity
Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron...
Investigating Innovation on Berachain
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the...
New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto Fraud
The New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it...
5 Million US Crypto Owners Urged to Push Kamala Harris to Fire SEC Chair Before Election
Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and...
110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings
Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within...
Better Markets CEO Says SEC Has 90% Chance of Winning in Ripple Appeal — Criticizes Judge’s XRP Ruling
Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an...
Goldman Sachs Lowers US Recession Risk to 20%
Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data...
Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this...
BitVM Version 2 Introduces New Era for Bitcoin L2 Scaling Solutions
On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2)...
Bets on Harris Slide in Predictions Market After Her Price Controls Plan Sparks Controversy
In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald...
UBS Urges Caution Despite Positive US Economic Data
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased...
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024,...
Meme Coins Lose Steam: $20 Billion Wiped From Market Since May
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the...
Investors get another shot at an L1 protocol as DTX’s presale approaches $1.5m
Key takeaways DTX Exchange is set to join a host of other layer-1 protocols in the Web3 ecosystem. The project raised nearly $1.5...
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s...
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During...
BlackRock’s ETFs surpass Grayscale’s as Bitcoin Dogs prepares to list on three exchanges
Key takeaways BlackRock’s Bitcoin and Ether ETFs have over $21 billion in assets under management, surpassing longtime leader...
LBank Celebrates 9th Anniversary With Over $1,000,000 in Prizes
PRESS RELEASE. Singapore, August 18th, 2024 – In the rapidly evolving cryptocurrency industry, LBank has established itself as a...
Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator
Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin...
NFTs Enrich Gaming Communities, Drive Stronger Engagement, Says Gaming Veteran
According to Luke Paglia, the COO at AGMI Studios, while traditional non-fungible token (NFT) art has lacked real utility, which...
Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded...
Lemon Pioneers Fiat-Crypto Interoperability Services in Peru
Lemon, an Argentina-based cryptocurrency exchange and wallet, has received a license to allow fiat-crypto interactions in Peru. The...
Mastercard and Scale Partner to Accelerate Fintech Deployment in Africa
Mastercard, the American multinational financial giant, recently revealed it has partnered with the fintech firm Scale to...
Indian Authority Arrests Man in Crypto Extortion Case
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and...
Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate
Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does...
Privacy Fears Undermine Support for Digital Euro in Germany
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in...
Robert Kiyosaki Advises Preparing for Crash Landing — Says ‘Time to Save Yourself’
Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership,...
Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them,...
Milton Friedman on Inflation: A Government-Made Disaster
Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the...
JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach
Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a...
Bitcoin Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of...
Eric Trump Interview Teases ‘Digital Real Estate’ Crypto Venture
Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his...
Bitcoin Dogs could be the next big crypto to watch
Cryptocurrency prices were on edge on Saturday, continuing a consolidation pattern that has been going on in the past few weeks....
Holonym Foundation Emerges With $5.5 Million Seed Funding to Provide Global Digital Personhood With Human Keys
PRESS RELEASE. 17th August, 2024: Holonym Foundation, an organization building the next generation of digital identity security for...
Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking
After Michael Saylor, Microstrategy’s executive chairman, disclosed that the company now holds 226,500 BTC valued at $13.4...
This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?
In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease,...
Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket
Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the...
IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which...
Zimbabwe Central Bank Denies Forced Remittance Conversion Claims
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to...
Financial Analyst Peter St Onge States Saving the Dollar Is Easy: Return to the Gold Standard
Peter St Onge, an economist and financial analyst, has explained his proposal to save the U.S. dollar from crumbling under the...
Brazilian Judge Ends Inquiry Into Bitcoin Ponzi Scheme Mastermind’s Death
A Brazilian federal judge has ordered criminal charges against Johann Steynberg, the late CEO of the bitcoin trading platform...
Dubai Court Recognizes Cryptocurrency for Salary Payments
In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment...
Clay County Intensifies Efforts Against Cryptocurrency Scams
The Clay County Prosecutor’s Office, located in Liberty, Missouri, is intensifying efforts to combat the rise in...
Crypto-Stealing Malware ‘Styx Stealer’ Exposed by Hacker’s Critical Mistake
Check Point Research (CPR) has uncovered Styx Stealer, a new malware capable of stealing browser data, cryptocurrency, and instant...
Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work
This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking...
Blockchain Life 2024 in Dubai unveils first speakers
Blockchain Life 2024, one of the world’s leading events in web3, cryptocurrencies and mining sphere, today announced the first wave...
Binance Goes Live in India: Full Access for Indian Users
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized...
Dubai Court of First Instance affirms crypto as a validity salary payment method
Dubai Court validates salary payments in cryptocurrency, shifting from prior stance. The employee’s contract in the case in...
21shares’ Toncoin ETP Reaches Over $100 Million in Assets Under Management
21shares, a company focused on providing crypto-based exchange-traded products (ETP), recently highlighted the growth of its...
Holonym Foundation Emerges with $5.5M Seed Funding to Provide Global Digital Personhoodd
Delaware, United States, August 16th, 2024, Chainwire Led by Finality Capital and Paper Ventures, with participation from Arrington...
Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil
Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the...
Hackers demanded crypto ransom amid cyber attack at Paris 2024 Olympics
The Grand Palais in Paris, a prominent venue for the 2024 Summer Olympics, has become the latest victim of a high-profile...
Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged...
Aptos, Celestia, SATS retreat as investors focus on DTX Exchange
Most cryptocurrencies continued their downtrend on Friday as the mood in the market remained tense as investors waited for the next...
Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing...
Bitcoin Dogs to list on 3 major exchanges: Will 0DOG price explode?
Bitcoin Dogs (0DOG) will list on Gate.io, MEXC and Unisat on Aug. 21. What does listing on the 3 crypto exchanges mean for 0DOG?...
New P2E Meme Game PlayDoge Raises $6M in Presale – Will PLAY Rally After DEX Listing?
PlayDoge (PLAY) is proving that even in the meme coin world, it’s possible to shake things up. This new Play-to-Earn (P2E)...
Malaysia adopts Worldcoin’s iris scan technology for digital verification
Malaysia adopts Worldcoin’s iris scan tech for national digital ID verification. The collaboration aims to integrate Worldcoin tech...
Top 10 Cryptos Today: Down Between 20% and 89% From All-Time Highs
In mid-August, bitcoin’s price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is...
Arbitrum DAO okays proposal to boost ARB performance and treasury security
Arbitrum DAO approves a proposal targeting ARB utility and enhancing treasury security. The proposal introduces ARB token staking...
India and Russia to Enhance Trade With Rupee-Ruble Payments
India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing...
Bitget Wallet Hits 30 Million Users, Outpacing MetaMask in App Downloads in July
Victoria, Seychelles, August 16th, 2024, Chainwire Bitget Wallet the leading Web3 wallet is excited to announce a groundbreaking...
Chainlink Integrates Data Streams and VRF on Base Blockchain
Chainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF)...
South Korea’s national pension fund buys $34M of MicroStrategy shares
The National Pension Service, South Korea’s national pension fund, has reported purchases of nearly $34 million in MicroStrategy...
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to...
Study: Crypto and Bitcoin Lead as Reddit’s Most Mentioned Words in Investment Forums
A recent study by Cyber Metals, a JM Bullion company, analyzed the sentiment, vocabulary, and profanity within popular investment...
While Useful, Bitcoin Will Not Replace the U.S. Dollar, Russian Analyst Warns
Viktor Pershikov, a Russian expert in financial markets, has explored the opportunities that crypto and bitcoin will bring to...
Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the...