Quick Look
Whale doubles down on SOL as traders eye Bitcoin Dogs
Solana reclaimed the $160 level over the weekend to see SOL bulls reach the highest level since August 9. As a whale doubles down...
Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in Review
Vice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy....
2 Vintage Bitcoin Wallets From 2011 Spring to Life, Moving $4.7 Million in BTC
Over the past day, bitcoin has been hovering just under the $64,000 mark, while two wallets, which had been inactive for more than...
Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend
Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that...
Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher
In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623...
Elon Musk Supports Efforts to Free Telegram CEO Pavel Durov
Following Telegram founder Pavel Durov’s arrest, Tesla CEO Elon Musk posted the hashtag #FreePavel on his social media...
‘World’s Coolest Dictator’ Bukele Promotes El Salvador as Free Speech Haven
El Salvador President Nayib Bukele highlighted his country’s commitment to free speech and safety in a recent social media post,...
Colombian Data Protection Authority Formulates Charges Against Worldcoin
The Colombian Industry and Commerce Superintendence (SIC), the personal data protection authority of the country, has formulated...
Zuckerberg, Spotify Founder Advocate for Open-Source AI in Europe
Mark Zuckerberg and Daniel Ek advocate for open-source AI in Europe. The two tech leaders believe that open-source AI can drive...
Vitalik Buterin Raises Concerns Over Telegram CEO’s Arrest and Its Implications for Tech Freedom
Ethereum founder Vitalik Buterin has voiced his concerns following the arrest of Telegram CEO Pavel Durov in France. Buterin...
Crypto Exchange Gate.io Secures Sponsorship Deal With Italian Soccer Giant Inter Milan
Crypto exchange Gate.io has secured a sleeve sponsorship deal with Inter Milan, the reigning Italian champions. Gate.io’s...
DMM Group and Progmat Collaborate to Create a Regulated Stablecoin
Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat...
Ripple, Kraken Legal Chiefs Weigh in on Court Decision in SEC’s Crypto Securities Lawsuit
The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s...
AI Curiosity Explodes: South Africa, Nigeria, and Kenya Embrace the Technology
During the first half of 2024, Google Search trends revealed a significant rise in interest in artificial intelligence (AI) in...
Why 2024 Should Be Bitcoin’s Year to Step Away From Politics
As the U.S. election season heats up, Bitcoin finds itself once again in the political crossfire. From Washington, D.C., to...
Secrecy of Argentine Gold Bullion Transfers Abroad Sparks Lawmaker Criticism
A series of gold bullion transfers abroad by the Argentine government has sparked a series of criticisms behind this action,...
Peter Schiff Warns of Looming US Dollar Crisis and Economic Collapse
Economist and gold advocate Peter Schiff has cautioned about the U.S. dollar index falling substantially, “triggering a U.S....
Robert Kiyosaki Pushes Bitcoin as US Debt Soars to Alarming Levels — Warns of Banking System Failures
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days....
US Court Denies Kraken’s Motion to Dismiss SEC Crypto Securities Lawsuit
The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S....
Telegram CEO Pavel Durov Arrested in France: TON Price Plummets
Pavel Durov, founder and CEO of Telegram, has reportedly been arrested at Le Bourget airport in France under a search warrant...
Academic Paper Questions Federal Reserve Independence and Exposes Political Ties
Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal...
AWS CEO Predicts AI to Transform Software Developer Roles
In a leaked recording from an internal meeting, Amazon Web Services CEO Matt Garman discussed the evolving role of software...
Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity
Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022....
Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a...
Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’
Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft...
Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security Concerns
Polygon’s community Discord channel was compromised in a recent cyberattack, raising security concerns among users. The...
NFT Sales Soar 24% as Ethereum Takes the Lead This Week
Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost...
Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses
At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains....
Kraken Crypto Exchange Fined by Australian Court
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet...
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting...
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds...
AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation
Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the...
China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation
China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between...
India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release...
US, African Nations Discuss Responsible AI Use in Military Applications
The United States is urging countries to collaborate on the responsible use of artificial intelligence (AI) in military...
Nigerian Firms Forecast Further Naira Depreciation
A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in...
Nigerian Central Bank Affiliate Partners With Blockchain Startup Zone to Boost Payments
The Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone, a decentralized payment infrastructure company, to...
Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market
Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s...
Optimism opens Retro Funding 5 offering 8 million OP
Optimism’s Retro Funding round 5 is open for applications until September 5, 2024. The Optimism team has also welcomed new Ethereum...
Report Reveals Hamster Kombat Faces Legal Action From Early Investors
Hamster Kombat, the Telegram tap-to-earn gaming sensation, is facing legal woes in Russia stemming from conflicts between its...
Judge denies Kraken motion to dismiss SEC lawsuit
US District Judge William H. Orrick has ruled that the US Securities and Exchange Commission has a plausible case against crypto...
FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement
Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in...
WazirX to resume phased INR withdrawals, fees reduced by 60%
WazirX will resume INR withdrawals in phases starting August 26, 2024. Users can withdraw up to 66% of INR balances, with fees...
Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike...
Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain Suspended
Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack...
Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest...
Bitcoin ETFs Extend Winning Streak as Ether Funds Slip Into Red
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their winning streak for the sixth day in a row, amassing...
Bitget to Recruit 3000 Builders by 2025 Encouraging Next-Gen Crypto Influencers
Victoria, Seychelles, August 23rd, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company announced expanding...
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds...
Bitcoin Dogs (0DOG) and SUN token price prediction amid bullish market sentiments
Bitcoin Dogs (0DOG) surged by over 2.7x on debut, now stabilized around $0.03. Sun Token (SUN) has risen by over 127% to a high of...
Yellow Card, Fireblocks Partner to Streamline African Cross-Border Payments
Yellow Card, a leading stablecoin platform, has partnered with Fireblocks, a digital asset infrastructure provider, to improve...
Sony launches Soneium blockchain to drive mainstream web3 adoption
Sony launches Soneium blockchain to drive mainstream web3 adoption. Soneium focuses on scalability, built on Optimism’s Superchain....
Binance Launches Mobile Money Feature for Crypto Transactions in Africa
Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania,...
Man Faces 20-Year Prison Sentence in Crypto Money Laundering Case
A Rhode Island resident has pleaded guilty to money laundering conspiracy linked to an international drug trafficking ring. The...
SuperRare (RARE) soars 187% with Poodlana poised to skyrocket with exchange listing
SuperRare (RARE) has seen a 187% price surge in a week, reflecting strong NFT market growth. Poodlana (POODL) is set for a tier-1...
FBI Recovers $5 Million From Pig Butchering Crypto Scam
Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to an investment fraud scheme. The scheme,...
Bitunix Announces Major Security Upgrade: $5M Insurance Backed by UK Security Partner
Singapore, Singapore, August 22nd, 2024, Chainwire Bitunix, the fastest-growing cryptocurrency derivatives exchange, is committed...
Paypal Launches PYUSD Rewards Program With Anchorage Digital
Anchorage Digital has launched its first stablecoin rewards program for Paypal USD (PYUSD) holders, offering institutions a secure...
OmegaPro co-Founder arrested in Turkey charged with $4 billion Ponzi scheme
Andreas Szakacs, the OmegaPro co-founder, was arrested in Turkey. Authorities have traced $160M in crypto transactions and seized...
Donald Trump Pushes New Crypto Platform to Challenge Big Banks and Financial Elites
Former U.S. President Donald Trump has promoted his family’s new cryptocurrency platform, “The Defiant Ones,” to...
Launch Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Standardd
Cayman Islands, UK, August 22nd, 2024, Chainwire Tanssi Foundation announces the expansion of the Tanssi blockchain infrastructure...
Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market
Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics...
Anchorage Digital adds rewards for PayPal USD holders
Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD...
El Salvador to Educate 80,000 Public Servants on Bitcoin
The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through...
Babylon Bitcoin staking drives BTC fees higher as mainnet launches
Babylon’s Bitcoin staking launch on August 22 drove transaction fees to $132-$137. Over 12,700 stakers quickly filled the...
Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche...
Grayscale launches investment fund for AVAX Token, fueling market surge
Grayscale launches Avalanche Trust, offering exclusive AVAX exposure for investors. AVAX price surged to $25.16, with a nearly 9%...
Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet
On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against...
Magic Eden Foundation unveils ME token to enhance cross-chain trading
Magic Eden launches ME token to enhance cross-chain trading and DApp growth. ME token will drive expansion across multiple...
Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB),...
Tron overtakes Cardano to clinch tenth place as Bitcoin Dogs investors claim tokens
Key takeaways Tron’s TRX has overtaken ADA to become the tenth-largest cryptocurrency by market cap. Bitcoin Dogs investors can now...
615 Crypto Scam Sites Dismantled by Australian Regulator
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites,...
WOMIO’s token presale opens, promises to reshape memecoin utility
WOMIO presale for $WOMIO tokens starts August 21 at 19:00 CET. WOMIO platform simplifies multichain memecoin creation with staking...
Gold-Backed and Ready to Shine: HAQQ Founders Share Story Behind Deenar Stablecoin
HAQQ brings together the most reputable actors of Ethical finance in order to promote community-driven decentralized technologies...
Bitget Wallet Integrates Babylon Bitcoin Staking Mainnet
Victoria, Seychelles, August 22nd, 2024, Chainwire Bitget Wallet, the leading Web3 wallet, has integrated support for the Babylon...
Campaign Advisor Says Harris Will ‘Support Policies’ Promoting Growth of Digital Currencies
On Wed., Aug. 21, 2024, Bloomberg shared that Vice President Kamala Harris intends to back policies that favor digital currencies....
Devere CEO Advises Shifting Away From US Assets as Dollar Weakens
Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios...
Arizona AG Warns Scammers Always Find New Ways to Steal Your Money With Crypto
Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable...
Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating...
Binance and former CEO CZ face new lawsuit over alleged crypto laundering
Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC...
QR Code Scams: TN Attorney General Issues Warning
The Tennessee Attorney General’s Office has issued a QR code scam alert, warning consumers about fraudulent QR codes used in...
SubQuery Launches Decentralized AI Inference Hosting at Web3 Summit in Berlin
Singapore, Singapore, August 21st, 2024, Chainwire At the Web3 Summit in Berlin today, SubQuery made a major announcement,...
Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year
Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more...
TRON’s revenue hits 24-hour high of $3.84m amid SunPump hype
SunPump memecoin hype has seen TRON (TRX) price, volume and revenue surge. Following SunPump’s launch, the 24-hour revenue on TRON...
Experts Question Ghana VP’s Gold-Backed Currency Pledge
A Ghanaian banking consultant, Richmond Atuahene, has expressed concerns about Vice President Mahamudu Bawumia’s pledge to...
Aave spikes to 5-month high as Bitcoin tests area near $62k
Aave reached a five month high above $143 with a 14% spike. Bitcoin broke to above $61,800, with price gaining 4% amid fresh crypto...
Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the...
WOMIO platform announces presale, unveils vision for enhancing memecoin utility
WOMIO presale for $WOMIO tokens starts August 21 at 19:00 CET. WOMIO platform simplifies multichain memecoin creation with staking...
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at...
Bitget Achieves ISO 27001:2022 Certification, Strengthens Transparency and Security
Victoria, Seychelles, August 21st, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company, is proud to...