Quick Look
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...
Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry...
Fintech Giant Flutterwave Partners With Nigerian Anti-Graft Body to Launch Cybercrime Center
Flutterwave, a Nigerian fintech startup, has partnered with the Economic and Financial Crimes Commission (EFCC) to establish a...
Digital Scarcity — Billionaire Michael Dell and Michael Saylor Exchange Dialogue on Bitcoin
On June 20, Michael Dell, the Chief Executive Officer of Dell, the American technology company known for developing, selling,...
Anthropic Launches Claude 3.5 Sonnet, Surpassing Openai’s Chatgpt
Anthropic, one of the largest artificial intelligence (AI) companies in the market, has released the latest iteration of its...
FLOKI Unveils New Developments and Strategic Marketing Initiatives
Miami, FL, June 21st, 2024, Chainwire Beyond market trends, FLOKI has emerged as a significant entity in the meme coin sector. Its...
Standard Chartered Set to Launch Spot Crypto Trading for Bitcoin, Ethereum
The British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading...
Ripple Wins Partial Summary Judgment in Securities Lawsuit
The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion...
Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88...
The Next StepN is Coming – 8uddy, the Companion AI Product in the Web3 Space, Positioned to Become the Next Big Trend
An all-around introduction to the new project 8uddy, allowing users to fully understand the development prospects and core...
Javier Milei Reiterates Several Currencies, Including Bitcoin, Will Compete in Argentina
President Javier Milei took to social media to re-explain the currency plans for Argentina. Answering a post mentioning bitcoin,...
Standard Chartered to launch BTC, ETH spot trading desk: Bloomberg
Standard Chartered is eyeing a spot cryptocurrency trading desk for Bitcoin and Ether. The bank would become the first global...
Coinbase Investor and Openai Veterans Unite to Launch Safe Superintelligence
In a significant development in the Artificial intelligence (AI) industry, Daniel Gross, known among other things for his...
Memeinator now trading on MEXC and Uniswap
Key takeaways Bitcoin has slipped below $65k, losing more than 4% of its value this week. Memeinator is now trading on MEXC and...
Circle CEO Shares ‘Super Bullish’ Stance and Unprecedented Optimism on Crypto
Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative...
Italy Proposes Stringent Measures to Tackle Crypto Market Manipulation
Italy is taking steps to enhance surveillance of crypto assets and address associated risks. According to a draft decree reviewed...
Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections
Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the...
Federal Agents Crack Down on Drug Ring Using Crypto Mixers
Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via...
Iran Launches Digital Rial Pilot on Kish Island
The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital...
UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust
The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to...
Indian Authority Uncovers Large-Scale Crypto and Hawala Operation, Arrests Key Player
India’s Directorate of Enforcement (ED) has arrested Manideep Mago under the Prevention of Money Laundering Act (PMLA), 2002,...
Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis Reports
Blockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds...
Kraken gets back all the funds taken during the recent “whitehat” attack
CertiK exposed a vulnerability, extracting $3 million before reporting it to Kraken. Kraken patched the bug quickly after the alert...
Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations
India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with...
Donald Trump receives $2M Bitcoin donation from Winklevoss twins
Winklevoss twins donate $2M in Bitcoin to Donald Trump’s campaign. The Gemini founders cited Trump’s pro-business and pro-crypto...
Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG
The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally...
Vitalik Buterin Responds to Criticism on the Institutionalization of the Crypto Space: We’re Still Here
Vitalik Buterin, one of Ethereum’s co-founders, answered the criticism regarding the new institutional focus of blockchain...
Volatile Bitcoin Movement Causes $118M in Crypto Liquidations
On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile...
Report Claims Jump Trading Under CFTC Probe for Crypto Activities
The Commodity Futures Trading Commission (CFTC) has initiated an inquiry into the cryptocurrency activities of Chicago-based Jump...
EasyA’s Web3 Developer Community Surpasses One Million and Launches Polkadot Education
London, United Kingdom, June 20th, 2024, Chainwire EasyA, the world’s leading Web3 education app, has confirmed that its community...
Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK
According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report...
BitFlyer to acquire FTX Japan for billions of Yens
BitFlyer, a major Japanese exchange, is angling to acquire FTX Japan, a subsidiary of the bankrupt FTX exchange. The exact value of...
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to...
India orders Binance to pay $2.25 million fine for AML violations
Binance faces a $2.25 million penalty reportedly imposed by India’s Financial Intelligence Unit (FIU). The penalty relates to the...
Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit
A Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law...
SOL Meme and PolitiFi Colossus, Solciety Raises $300k in Under 48 Hours
London, London, June 20th, 2024, Chainwire Solciety, a prominent player in the PolitiFi meme coin sector, has successfully raised...
Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments
Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older...
IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi...
Zeek, a New Decentralized Social Collaboration Network, Raises USD 3M Seed Funding To Reinvent Social Reputation In Web3
Hong Kong, Hong Kong, June 20th, 2024, Chainwire Zeek has completed a USD 3M seed funding round from investors including OKX...
Ethiopia Approves CBDC Launch Draft Proclamation
The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank...
Bitcoin stays above $65k as Bitbot unveils its Mini App UI
Key takeaways Bitcoin has been trading above the $65k level as the broader market stagnates. Bitbot has unveiled its Mini App UI to...
Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty
Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision...
Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments
The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto...
Australian Bank Halts Development of ETH-Based Stablecoin
The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now...
Unlicensed Crypto Business Leads to Indictments in Utah
Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into...
Curve DAO price soars amid fresh whale accumulation
Curve DAO (CRV) price spiked more than 10% to hit highs of $0.35. The token’s value is up 41% since hitting current all-time low...
Central Banks Plan Increased Gold Reserves Amid Global Uncertainty: 2024 World Gold Council Survey
The World Gold Council’s 2024 survey reveals that central banks plan to increase gold reserves amid geopolitical and...
A Huge Endorsement For This P2E Meme Coin?
TDLR Uniswap Labs acquires Crypto: The Game on the Base blockchain. The acquisition reflects the growing value of gaming to the...
Kraken Calls Security Research Firm’s Demands ‘Criminal’; Certik Slams Threats Against Its Employees
Kraken has accused an unnamed security research firm of stealing $3 million from its treasury and attempting to extort more money....
Fetch.ai rallies as AI-related tokens mirror Nvidia sentiment
Fetch.ai rose more than 23% to lead AI tokens higher after recent Nvidia news and performance. Other tokens, including...
German Law Enforcement Transfers $425M in Bitcoin From Seized Funds
Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin,...
Kraken patches “isolated bug”, says no user funds stolen
Kraken says it patched a bug that would have allowed exploiters to inflate account balances Bug discovered by a security...
QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums
On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing...
ZettaBlock Integrates with Stellar to Simplify Blockchain Development
Empowering Developers with Efficient, Cost-Effective Tools for Building Data-Powered applications on Stellar ZettaBlock, an...
BABY BEERCOIN Pumps Over 100% in 24 Hours as New Meme Coin WienerAI Raises $6M in Buzzing Presale
It’s been a great 24 hours for BABY BEERCOIN (BBEER) holders. The coin’s price has rocketed over 100% in the past day, now hovering...
Iran to open the Digital Rial CBDC pilot program to the public this month
The public roll out of the Digital Rial pilot program will start in Kish Island. The public rollout of the CBDC’s pilot program...
Controversial Figure Martin Shkreli Allegedly Behind New Trump-Themed Crypto Token DJT
Martin Shkreli, known for his previous securities fraud conviction, has reportedly claimed to co-create the DJT token, a new crypto...
Solana “very close to triggering” a key buy signal, analyst says
Solana (SOL) saw a slight bounce on June 19, trading to $141 after a downturn that had bulls defending $130 this week. However, SOL...
CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis
Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a...
Flipster and TON Announce Exciting New Partnership
Warsaw, Poland, June 19th, 2024, Chainwire Flipster, the leading crypto derivatives trading platform, is excited to announce a...
Arkham Offers a $150,000 Bounty for the Identity of Alleged Donald Trump’s DJT Token Creator
Arkham, a cryptocurrency analytics platform, has put a bounty of 100,000 ARKM, valued at $150,000, for information leading to the...
SEC ends investigation into Ethereum 2.0, tokens pump
Ethereum and other altcoins jumped after the latest news around the US Securities and Exchange Commission (SEC)’s investigation...