Quick Look
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Bitcoin Reserves on Exchanges Hit 5-Year Low With $5.96B Withdrawn in 30 Days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...
Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education...
Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected
Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access...
Irish Authorities Seize $7.1M in Cryptocurrency Amid Darknet Money Laundering Bust
Irish authorities seized $7.1 million in cryptocurrency in a raid targeting money laundering and darknet sales. Three individuals...
Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’
The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about...
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year,...
European Blockchain Convention reveals details of its landmark 10th edition in September
The European Blockchain Convention has announced its landmark 10th edition, scheduled to take place on September 25th and 26th,...
Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded...
Haven1 and Amazon Web Services (AWS) Announce Partnership for Node Validator
Zug`, Switzerland, August 8th, 2024, Chainwire The partnership entails hosting one of the initial seven validator nodes on Haven1...
Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns
Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by...
YAWN Token Launches with Ambitious Ecosystem and E-Commerce Integration
Vancouver, Canada, August 8th, 2024, Chainwire With the rise of the meme coin market, Yawn introduces itself as the first meme...
Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge
On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s...
Franklin Templeton expands tokenized fund to Arbitrum
Franklin Templeton has launched its US government money fund on Ethereum Layer 2 network Arbitrum. The asset manager’s expansion of...
Hamster Kombat Announces New Gaming Ecosystem to Boost Demand for Upcoming Token
The team behind Hamster Kombat, the popular TON network-based tap-to-earn game, has announced the development of a gaming ecosystem...
Coinbase and MicroStrategy climb as Bitcoin reclaims $59k
Coinbase and MicroStrategy stocks rose 6% and 7% respectively as Bitcoin surged to above $59,000. Analysts say crypto markets may...
Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours
Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD,...
TOKEN2049 Singapore set to be world’s largest web3 event with 20,000 attendees
As the world’s largest and most prominent crypto and blockchain event, TOKEN2049 is set to break all records for its 2024 edition...
Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets
Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO,...
Poodlana token listing nears as Ripple ruling boosts sentiment
Poodlana is slightly over a week away from its first exchange listing. The bulls keen on buying the dip in major cryptos have an...
Nairobi Securities Exchange, Valour Sign MOU to Enable Trade of Digital Asset ETPs in Africa
Valour Inc. has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) and Sovfi Inc. to facilitate the...
US Spot Bitcoin ETFs Record $45M Inflows as Ether ETFs See $24M Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) reported inflows on Wednesday, while spot ether ETFs experienced net outflows. Data...
Figure Markets Launches Exchange with Decentralized Custody and Prime Brokerage
San Francisco, CA, August 8th, 2024, Chainwire The one-of-a-kind exchange introduces unique features and benefits, setting a new...
Mutiny to Cease Operations Amid Technical Challenges in Bitcoin Lightning Wallet Development
Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges...
Bitgo Secures Major Payment Institution License in Singapore
Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of...
Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September
Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak...
Donbet Casino Launches Exciting Mini Games Promotion With up to €600 Bonus
PRESS RELEASE. Donbet Casino is delighted to introduce its Mini Games Welcome Bonus, designed to enhance the gaming experience for...
Bitstamp and Stripe Collaborate for EU Crypto Onramp
Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s...
Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float
The National Bank of Ethiopia (NBE) said it will conduct a special foreign exchange auction on Aug. 7. The Ethiopian central bank...
Stripe partners with Bitstamp to bolster crypto purchases for EU users
Stripe and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe. Bitstamp will provide...
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public...
WhoMadeWho, Da Capo to Headline AFTER 2049, Singapore’s Biggest Pre- Formula 1 Party
TOKEN2049, the world’s largest Web3 and crypto conference, has announced a star-studded DJ line-up for AFTER 2049, the official...
Michael Saylor Continues to Expand His $1 Billion Personal Bitcoin Holdings
Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings,...
Dogwifhat price rebound and DTX token presale catch investors’ attention
Dogwifhat’s price surged 27% to a high of $1.77, driven by strong trading volumes. DTX token is currently priced at $0.04 in its...
Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’
Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala...