Quick Look
Hashdex has withdrawn its Ethereum ETF application
Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot...
Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to...
Mastercard launches crypto credentials P2P pilot program to simplify transactions
The Mastercard crypto pilot program uses aliases to simplify and secure transactions. The initiative involves partners like Bit2Me,...
Ark CEO Cathie Wood Talks Bitcoin With El Salvador’s President — Applauds His Vision for BTC Hub
Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed...
TRUMP Coin Reaches All-Time High as Trump-Themed Cryptos See Major Gains
The presidential meme coin fervor persists, with the token maga (TRUMP) hitting an all-time high of $15.45 on Wednesday. This surge...
Bank of Israel launches “Digital Shekel Challenge” to innovate CBDC payment systems
Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions. Participants of the challenge will access...
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to...
RWA Protocol Blocksquare Announces $100 Million Tokenization of Real Estate Assets
Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various...
Gemini Earn users get $2.18 billion in crypto, representing 232% recovery
Gemini Earn users get $2.18 billion in digital assets back, which represents a 232% recovery. Users will receive 100% of their...
SRCPAD: The Powerhouse Token Redefining SRC20 Capabilities
PRESS RELEASE. Importance of Being SRC20: The recent report published by Universelle, covered first by bitcoin.com highlights the...
Native Stablecoins Swell on Sui as Agora Adds AUSD Stablecoin to Network
Austin, Texas, May 29th, 2024, Chainwire Agora brings to Sui an exceptional blend of technology, financial markets, and operations...
Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days
While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives...
US Bitcoin ETFs Achieve $45 Million Inflows, Blackrock’s IBIT Still Trails GBTC in BTC Holdings
U.S. spot bitcoin exchange-traded funds (ETFs) saw another day of inflows on Tuesday, marking the 11th consecutive day of gains....
Bitbot presale now in final stage, prepares for exchange listings Copy
Key takeaways The Bitbot presale is now in its final stage, with nearly $4 million raised so far. The team is already preparing to...
Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at...
BlackRock’s IBIT flips Grayscale’s GBTC to become world’s largest Bitcoin ETF
BlackRock’s IBIT has flipped Grayscale’s GBTC in Bitcoin ETF holdings. IBIT holdings have surged to 288,670 BTC compared to 287,450...
Bitcoin Well Launches Payments via Lightning Network in Canada
Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform,...
Bitget Wallet Token (BWB) makes debut on the Bitget Launchpad
Victoria, Seychelles, May 29th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced...
Dash Now Available on Wizarbit for Purchase and Use on Debit Cards
The Dash team has announced the integration of Dash into Wizarbit, a Lithuania-regulated cryptocurrency exchange and card provider....
Bank of Israel Launches Digital Shekel Challenge
The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector...
Nomura, Laser Digital and GMO Internet Partner to Explore the Issuance of Stablecoins in Japan
Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of...
Halving of BTFS Storage Rewards
PRESS RELEASE. Singapore, May 29, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to...
Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing...
US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related...
Riot Platforms wants to buy Bitfarms for $950 million
Riot Platforms offers $950M to acquire Canadian Bitcoin miner Bitfarms. Bitfarms is facing leadership turmoil amid CEO Geoffrey...
Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors...
Google Cloud becomes a key node validator for Fantom (FTM)
Fantom partners with Google Cloud as a key node validator to boost DApp development. Google Cloud’s infrastructure and AI...
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive...
Judge orders the U.S. SEC to pay $1.8M in Debt Box case dismissal
Judge dismisses U.S. SEC’s case against Debt Box, orders SEC to pay $1.8 million in fees. The Ruling cites SEC’s bad faith conduct...
TRON Network Officially Supported By LayerZero
PRESS RELEASE. Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON...
Notcoin (NOT) near top 100 by market cap amid price surge
Notcoin (NOT) price jumped 20% on Tuesday as the new token continued to rise. Currently with a market cap of $942 million, Notcoin...
UK Digital Bank Blocks Clients From Performing Crypto Transactions
The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based...
Former FTX exec Ryan Salame sentenced to 90 months in prison
Ryan Salame sentenced to 90 months in prison. Former FTX executive’s sentencing comes two months after former CEO Sam Bankman-Fried...
Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court...
Bullish Analysts Predict Avalanche (AVAX) and Rollblock (RBLK) Could Follow In Ethereum’s Footsteps
With the bull market drawing closer, Ethereum has been one of the top-performing altcoins in the market. The odds of Ethereum ETF...
Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the...
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now...
From Web3 Casino to VR GAMBLEVERSE: MetaToken Successfully Closes $5 Million Private Round
PRESS RELEASE. On April 21st, MetaToken, a casino project on Ethereum and TON, announced the successful closure of its private...
Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The...
Former Mt. Gox CEO Mark Karpelès Assures No Imminent Bitcoin Sale, ‘Everything Is Fine’
In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update...
Mt. Gox moves over $9 billion in BTC to new wallet
Bitcoin price dipped nearly 2% on Tuesday morning to trade at lows seen last Friday before rebounding slightly as of writing. This...
Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a...
Bernstein Predicts Crypto Arms Race Among Asset Managers
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business...
Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’
Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC...
South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive
The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the...
Turkish Parliament Committee to Review Crypto Bill This Week
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset...
Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments,...
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday...
Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations
The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the...
JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs...
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National...
GCR’s Hack Possibly Tied to Solana’s CAT Coin Team, Onchain Sleuth Zachxbt Reports
On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested...
Toncoin price: What next for TON as TVL surpasses $300 million?
Toncoin price bounces as total value locked (TVL) on the TON Blockchain surpasses $300 million. DeFiLlama data showed TON...
US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest...
Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch
Notcoin price surges 33.42%, reaching $0.006884 after community votes favor it over Bitcoin. New NOT airdrop and earning missions...
Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The...
Nomura partners with GMO to explore stablecoin issuance in Japan
Nomura Holdings and Laser Digital have partnered with GMO Internet Group on a new stablecoin-focused project. The companies will...
ETHDublin Kicking Off This Weekend
PRESS RELEASE. Dublin, Ireland — May 27, 2024 — ETH Ireland, the team behind Ireland’s first web3 hackathon...
HashKey Global Launchpool, the world’s first regulated platform for pledge to earn new tokens, is now live
Bermuda, Bermuda, May 27th, 2024, Chainwire HashKey Global announced the launch of LaunchPool and initiated the first project...
VOPO Coin: Claiming the Top Spot in Memecoins
PRESS RELEASE. Dubai, UAE – May 27th, 2024 – VOPO Coin, a new kitty on the block, is making waves with a bold...
PEPE and FLOKI extend gains as memecoins tease bull run
Pepe price is up 80% this past week and over 140% in 30 days. FLOKI has jumped 36% this past week and 53% in the last 30 days. Pepe...
Friend.tech Co-Founder Posts Bounty to Migrate Platform off Base
Racer, a co-founder of Friend.tech – a socialfi network – has posted a bounty of $200K for anyone bringing an...
Justin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes...
Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes
Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network...
Microsoft Invests $70 Million in South Africa for AI Advancement
Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern...
Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Robert Kiyosaki Advises Buying Bitcoin Before Price Explodes — Warns of Bonds Crashing
Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in...
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange...
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4...
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the...
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and...
Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000...
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590...
TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his...
Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht
Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe...
Trump promises to free Silk Road creator Ross Ulbricht if re-elected
Trump pledged to free Ross Ulbricht should he win the upcoming US presidential election. Ulbricht is the creator of the defunct...
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim...
BEVM Unveils Groundbreaking Taproot Consensus for Decentralized Bitcoin Layer 2 Solution
Cardiff, 英国, May 26th, 2024, Chainwire On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow...
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore...
Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for...
Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining...
Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed...
Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used...
Major Crypto Exchanges Announce Over 1,200 Job Openings
Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively...
Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam
An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto...
Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether
Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether,...
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs),...
Ethereum Dominates NFT Sales Despite Overall Market Drop
Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the...
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and...
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately...