Quick Look
Pompliano Foresees Historic Milestone for Crypto Industry With Potential Ethereum ETF Approval
In a series of recent social media posts, renowned crypto investor and influencer Anthony “Pomp” Pompliano has shared his...
Gala CEO points to “messed up” internal controls in $200 million exploit
Gala CEO says “we messed up our internal controls” after $200 million exploit. Attacker managed to sell 600 million tokens worth...
Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam
Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly...
Kraken Insists It Will Keep USDT Listed in European Markets
Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding...
Nigeria’s SEC-Crypto License
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service...
Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network...
David Bailey, CEO of Bitcoin Inc., Reflects on His Company’s Transformational Pivot to Bitcoin and More
David Bailey, CEO of Bitcoin Inc., took time out of running the Bitcoin Asia Conference in Hong Kong to sit down with Bitcoin.com’s...
NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis
New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global...
Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs
The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S....
Indian Finance Minister: Crypto Regulation Needs Global Consensus
Indian Finance Minister Nirmala Sitharaman advocates for global consensus on cryptocurrency regulation, highlighting the need for...
Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman
Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained...
Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant...
Grayscale CEO Michael Sonnenshein steps down
Michael Sonnenshein has stepped down as CEO of Grayscale. Grayscale announced that Peter Mintzberg is the new CEO, effective August...
Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects
Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using...
Injective, Fantom soar as Bitcoin price surges past $68k
Injective price rose 10% to above $27.26, while Fantom hit $0.96 after surging 12%. Gains for the altcoins came as Bitcoin price...
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days...
UK High Court Judge rules against Craig Wright over Bitcoin copyright claims
The UK High Court has delivered a damning verdict against Craig Wright, a controversial figure claiming to be the elusive creator...
The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile,...
Genesis to return $3B to customers after court approves bankruptcy plan
Genesis Global gets court approval to repay $3 billion to customers. Judge Sean Lane overruled an objection from Genesis parent...
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright...
Crypto exchange BingX to launch USDC-margined futures trading
BingX is launching USDC-margined trading, a Launchpad and Launchpool as it celebrates its sixth anniversary. The platform plans to...
Bitcoin Technical Analysis: Bulls Push Forward, Breaking Upper Resistance Levels
As of May 20, 2024, bitcoin is trading at $67,224, reflecting a strong market performance. The cryptocurrency has experienced a...
Crypto gambling — how does the future of secure gambling look?
Online gambling is a huge part of the casino world, but there is a small percentage of players who worry about its security —...
Veteran Trader Peter Brandt Says Peter Schiff Criticizes Bitcoin to Attract Attention, Increase Following
Veteran trader Peter Brandt has accused economist and gold advocate Peter Schiff of leveraging his criticisms of bitcoin to garner...
Solana memecoin protocol pump.fun exploit mastermind arrested in London
Jarett Dunn, aka @STACCoverflow, arrested in London for Solana memecoin exploit. Dunn used flash loans to manipulate pump.fun,...
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just...
Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining
The Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin miners,...
Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices
The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S....
IMF Acknowledges Russian Assets’ Confiscation Might Undermine the World’s Financial System
The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the...
Latam Insights: El Salvador Embraces Geothermal Bitcoin Mining, Bitfarms Expands Its Capacity in Paraguay
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future
Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness...
DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data
The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging...
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings...
Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now
Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now....
Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman
Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald...
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC),...
US Congress Passes First Standalone Crypto Legislation
The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and...
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid....
Crypto price prediction: Floki, BitBot, Arweave
Cryptocurrency prices did moderately well last week as investors embraced a risk-on sentiment in the financial market. Bitcoin...
Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched
As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year....
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024....
Bitcoin (BTC) and Solana (SOL) Price Predictions, Plus Why Rollblock (RBLK) Might be the Next Big Thing in Crypto
Bitcoin (BTC) and Solana (SOL) are some of the top crypto coins that saw major price surges in the industry. However, according to...
Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC
Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone...
Update: Kraken says no plans to delist USDT in Europe
Kraken is exploring all options to continue offering USDT for EU customers. Mark Greenberg, Kraken’s Global Head of Asset Growth...
Tether CEO Hints at Development of Global P2P Financial Markets Terminal
Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global...
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory...
Western Banks Face Major Asset Seizure in Russia Amid Gazprom Subsidiary Dispute
In a significant move against western banks, a St Petersburg court has seized over $763 million of assets from Unicredit, Deutsche...
Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon
In his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana...
Coinbase Ventures Into Australia’s $600 Billion Pension Market With Tailored Crypto Services
Coinbase, the largest US crypto exchange, is planning to tap into Australia’s $600 billion self-managed pension sector, according...
Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new...
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million)...
US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network
An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with...
Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that...
Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention...
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders...
Welcome to Duelbits’ Festival Of Football
As the anticipation builds for Euro 2024 and Copa America, Duelbits has recently announced a promotion that promises excitement and...
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some...
Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering...
14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of...
Dogwifhat and Popcat sell-off as whale dumps tokens
Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled. The Popcat (POPCAT) token also traded lower, falling by...
Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013
This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than...
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming,...
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its...
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous...
Indian Regulator Advocates Multi-Agency Approach for Crypto
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government...
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Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore...
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it...
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period...
New altcoin makes waves amid bullish Notcoin (NOT) price prediction
Notcoin’s turbulent launch saw a 53% plunge post-airdrop but bullish predictions signal recovery. AlgoTech, a decentralized trading...
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which...
As OpenAI and Google both reveal major AI updates, Choise.ai launches AI-powered L2 blockchain for enterprises
OpenAI revealed a major update to its large language model this week with the launch of ChatGPT-4o Google confirmed the launch of...
Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the...
Kraken considers ending USDT support in the EU
Kraken is reportedly considering pulling support for the stablecoin USDT in Europe. The exchange’s plans come amid the push for...
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known...
Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users
Zug, Switzerland, May 17th, 2024, Chainwire Alephoria invites web3 users to the Aleph Zero ecosystem with an interactive initiative...
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have...
US arrests two Chinese nationals in $73 million crypto scam
US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants...
Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape
Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to...
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three...
New Crypto Presale to Watch: WienerAI Meme Coin Hits $2M Milestone
Imagine a cryptocurrency that combines the internet’s obsession with dog memes and the exciting world of artificial intelligence...
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the...
Chainlink soars after DTCC completes major pilot; Bitbot readies for market entry
Chainlink price rose more than 20% in 24 hours, reaching $16.62 at the time of writing on Friday. LINK surged as the Depository...
Bitcoin Technical Analysis: BTC Bulls Eye $68K After Surpassing Key $66K Resistance
As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading...
Mining Now Launches Real-Time Mining Insights & Profit Analysis Platform
Singapore, Singapore, May 17th, 2024, Chainwire Mining Now, a trusted and reputable real-time crypto-mining insights provider...
Base to Launch Online Hackathon With 200 ETH in Prizes, Sponsored by Stripe, Shopify, and More
Base, the Ethereum Layer 2 solution incubated by Coinbase, has announced the Onchain Summer Buildathon. The event, which runs from...
Notcoin in focus as KangaMoon excites with bonus sale
Notcon (NOT) token’s price fell sharply after its debut on exchanges. KangaMoon (KANG) is offering a bonus presale stage ahead of...
Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts...
As TRUMP Coin Surges Over 100% in a Month, Trump’s Crypto Wallet Swells in Value
Over the past week, the meme coin known as maga (TRUMP) has increased by more than 45% against the U.S. dollar, and over the past...
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes...























































































