Quick Look
Crypto investment products see first inflows in over a month
Digital assets investment products saw $130 million in inflows, the first after four weeks of outflows. Bitcoin remains above $62k...
SEC Rejects Coinbase’s Call for New Crypto Regulations
In a recent legal filing, the U.S. Securities and Exchange Commission (SEC) pushed back against Coinbase’s demands for a completely...
Philippines’ central bank greenlights pilot for Peso-backed stablecoin
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins.ph. Sandbox testing to evaluate PHPC’s...
Ethereum Technical Analysis: ETH Bulls Press Forward Hinting at Possible Reversal
As of May 13, 2024, ethereum presents a complex landscape for traders, characterized by fluctuating prices and diverse market...
Bitget Wallet Unveils GetDrop: An Exclusive Airdrop Platform for High-quality Projects
Victoria, Seychelles, May 13th, 2024, Chainwire Bitget Wallet, a prominent Web3 wallet, recently unveiled its new airdrop platform,...
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next...
Kaspersky’s report reveals new tactics used by North Korean crypto hackers
North Korean hackers deploying “Durian” malware targeting South Korean crypto firms. The resurgence of dormant hackers like Careto...
Casa Co-Founder Jameson Lopp: Attacks on Cryptocurrency Whales Are “Vastly Underreported”
Jameson Lopp, the co-founder of Casa, a Bitcoin services company, referred to increasing attacks targeting cryptocurrency whales....
Bitcoin still struggling around $61k: Will it dip lower?
Key takeaways Bitcoin continues to struggle below $62k and could plunge lower in the short term. Bitbot has raised $3.3m so far,...
Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi
Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum...
North Korean Hacker Group Targets South Korean Crypto Firms With New ‘Durian’ Malware
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks...
Kraken Challenges SEC Overreach in Recent Court Filing
In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued...
Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine...
Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this...
Robert Kiyosaki Warns of US Dollar Collapse if BRICS Crypto Happens
Rich Dad Poor Dad author Robert Kiyosaki has issued a cautionary statement regarding the possible downfall of the U.S. dollar in...
Turkey Prepares New Crypto Law to Align With International Standards
Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with...
Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US
Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the...
Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains
The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains...
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a...
Bitcoin Magazine CEO Discloses Links With Trump Campaign: “It’s Time for Bitcoin to Elect the Next President”
David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump. Bailey and his...
Match System’s Ceo Andrei Kutin Announces Full Recovery of $68 Mln Stolen Crypto Assets
Dubai, Uae, May 11th, 2024, Chainwire Match System’s CEO Andrei Kutin Announces Full Recovery of $68 mln Stolen Crypto Assets from...
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline....
Bitcoin Advocate Dismisses ETF Potential for XRP, BCH, and LTC as Rollblock Gears Up to Improve Online Gambling
If you sift through the trends in the crypto industry, you’ll begin to notice the growing reputation of Rollblock, which aims to...
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer...
AEVO, Arbitrum, Render token unlocks near as BitBot gains momentum
Popular cryptocurrencies are on edge as investors wait for their upcoming token unlocks that will lead to more dilution. Arbitrum’s...
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer...
Kiyosaki’s Crash Survival Rules, Snowden Warns Bitcoin Devs, and More — Week in Review
Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver. Edward...
Match Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets
Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and...
Openai CEO Sam Altman Believes Processing Power Might Be the New UBI
Sam Altman, CEO of Openai, the company behind the artificial intelligence (AI) model Chatgpt, has reflected on how the new wave of...
Nigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms
Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude...
Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’
In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize...
Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal
Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included...
South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M
Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions...
Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is...
US Regulatory Clarity for Crypto: Landmark Legislation FIT21 Act Heads to House Vote
The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act, paving...
Robert Kiyosaki Advises Preparing for Depression — ‘For Years I Could See This Crisis Coming’
Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being...
Veteran Trader Peter Brandt Warns of SEC’s Full-Scale Assault on Crypto Staking — ‘It’s Going to Be a Bloodbath’
Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the...
Peter Schiff: Gold, Silver ‘Ready to Explode Higher’ — Sees ‘Biggest Precious Metals Bull Market in History’
Gold advocate and economist Peter Schiff has predicted an explosive rise in gold and silver prices. While encouraging investors to...
Billionaire Mark Cuban Warns Gensler’s SEC Crypto Policies Could Cost Biden the Election
Billionaire Mark Cuban has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s handling of crypto...
US Justice Department Chooses FRA Over Sullivan & Cromwell for Binance Oversight
The Justice Department has designated Forensic Risk Alliance (FRA) as the external monitor for Binance Holdings Ltd. This decision...
SEC Opposes Coinbase’s Appeal Request in Ongoing Legal Battle
The U.S. Securities and Exchange Commission (SEC) has urged a federal court to deny Coinbase’s interlocutory appeal,...
Match System’s CEO Andrei Kutin Announces Full Recovery of $68 mln Stolen Crypto Assets from Cryptex
Dubai, Uae, May 11th, 2024, Chainwire Match System’s CEO Andrei Kutin Announces Full Recovery of $68 mln Stolen Crypto Assets from...
Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving
Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550...
Crypto Exchanges Helping Brazilian Flood Victims
Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with...
Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at...
NFT Sales See Week-Over-Week Decline as Market Continues to Cool
Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 11.35% decline compared to the previous week’s figures....
Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter
In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding...
IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar
First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are...
Crackdown on Crypto Investment Scam Leads to Massive Raids in Argentina: $100 Million Operation Uncovered
The detainment of two Chinese and one Argentine national involved in a $1.25 million crypto investment scam led to the discovery of...
India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers
Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual...
Anti-Crypto Mixer Blockchain Integrity Act Introduced in US House of Representatives
The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was...
Coingecko Study: Low-Float Cryptocurrencies Make up 21.3% of Top 300 by Market Capitalization
According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market...
Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares
Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing,...
Bitcoin Meal Box: South Korean Convenience Store Chain Partners With Crypto Exchange to Promote BTC
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to...
Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor....
XRP price prediction: can this AI Telegram trading bot outperform it?
XRP’s price hovers at $0.51, with a potential rally if it surpasses the resistance at $0.57. Bitbot integrates AI and Telegram...
Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules
Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121),...
Pepe (PEPE) price prediction as a new challenger emerges
Pepe (PEPE) defies volatility, bullish pennant forms, potential breakout predicted. Kangamoon (KANG) disrupts the meme coin sector...
Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free Speech
Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises...
Crypto exchanges Binance and KuCoin secure registration with India’s FIU
Binance and KuCoin has obtain FIU-IND approval, marking a milestone in Indian crypto regulation. KuCoin pays $41,000 penalty as...
Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1
Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust...
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment...
Toncoin investors get opportunity with Notcoin: Is Bitbot next?
Toncoin price surged by more than 13% amid news around new project Notcoin (NOT). Binance and OKX among exchanges to list NOT...
GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs
The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions,...
FRIEND, AKT and GRT prices soar as Bitcoin falls below $62k
Render, Akash Network and The Graph tokens rose on Friday, with TON and FRIEND also soaring. Bitcoin flactuated between $63k and...
Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the...
Franklin Templeton says “Base Season” is here
Franklin Templeton is bullish on Base and Friend.tech is soaring. Meme coins and Social Finance (SocialFi) applications are driving...
Nigeria Denies Binance CEO’s Claims of $150M Bribe Demand; Criticizes Attempt to Discredit Government
The Nigerian government has dismissed allegations from Binance CEO Richard Teng that representatives of the cryptocurrency exchange...
Bitget Wallet Supercharges User Experience with Instant Swap Mode and Prioritized Solana Transactions
Victoria, Seychelles, May 10th, 2024, Chainwire Bitget Wallet, a prominent Web3 wallet and DeFi gateway, has announced two...
X Launches ‘AI Audience’ for Advertisers, Promises Precision in Targeting
The business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new...
Bitcoin Advocate Says ASIC Devices’ Inflexibility Makes AI Involvement Unlikely for Bitcoin Miners
According to Joe Downie, the chief marketing officer at Nicehash, bitcoin miners struggling to stay afloat after the halving are...
Japanese Crypto Platform SBI VC Trade Begins Validator Node Operations on XRP Ledger
SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator...
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of...
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction
A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently...
Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030
Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may...
Pantera Capital Backs Telegram’s TON With Its Largest Investment Ever
Pantera Capital has made a significant investment in Telegram’s The Open Network (TON) blockchain, highlighting the...
Canaan Launches Upgraded Version of Its Avalon A15 Series Bitcoin Miner
Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine...
Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto
Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency,...
Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme
Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using...
CoinPoker Kicks Off Top Crypto Poker MTT Series Of 2024 – $25M In GTD Prize Pools May 5-26
Blockchain-based online poker platform CoinPoker launched the biggest crypto poker tournament of the year on May 5th – the...
Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle
Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success,...
Binance Fined Over $4 Million in Canada for Money Laundering Violations
Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange...
Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements
Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized...
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard...
Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds
A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is...
Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play
Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold. According to different factors,...
Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets
Lisbon, Portugal, May 9th, 2024, Chainwire Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s...
EU Regulator Considers Crypto Inclusion in €12 Trillion UCITS Funds
The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new...
Details confirmed for upcoming Fintech Summit in Singapore
The People Events has revealed the details of its much-anticipated Annual FinTech Summit 2025, which will take place from February...
TRUMP and BODEN Coins Soar Following Trump’s Crypto Endorsement and Critique of Biden
Following the recent crypto endorsement by former U.S. President Donald Trump, and his criticism of current President Joe Biden,...