CeFi Entities Account for Over 70% of Crypto Hacking Losses, Reports Cyvers
In the rapidly evolving landscape of cryptocurrency, centralized finance (CeFi) entities have emerged as the primary victims of hacking incidents in 2024. Deddy Lavid, co-founder and CEO of Web3 security…
Bank of England to Conduct Trials with Wholesale Central Bank Digital Currency and Synchronization Techniques
The Bank of England (BoE) has announced plans to launch an experimental program that integrates its Real-Time Gross Settlement (RTGS) system with a wholesale central bank digital currency (wCBDC). This…
Research Suggests Bots are Behind Solana’s Surge Ahead of Ethereum
This week, Solana has surpassed Ethereum in various performance metrics, yet a new research article raises concerns about the authenticity of this activity. According to a study by the pseudonymous…
Tether Achieves Record $5.2 Billion Profit in first half of 2024
On July 31, Tether, the issuer of the dollar-pegged USDT stablecoin, unveiled its impressive financial performance for the first half of 2024. The company reported a record-breaking profit of $5.2…
Trump Accuses Harris of Opportunistically Changing Racial Identity During Tense Exchange with Black Journalists
Donald Trump made headlines with a controversial appearance at a conference hosted by the National Association of Black Journalists (NABJ). During a contentious question-and-answer session, Trump’s remarks about Vice President…
SEC Accuses BitClout Creator Nader Al-Naji of Fraudulent Practices
On July 30, the United States Securities and Exchange Commission (SEC), in coordination with the US Attorney’s Office for the Southern District of New York, announced formal charges against Nader…
Binance Labs Funds Liquid Staking Platform aPriori
Binance’s venture capital arm has recently expanded its investment portfolio by funding aPriori, a promising liquid staking protocol operating on the Monad network. This investment, announced on July 30, highlights…
Trust Wallet Collaborates with TON to Enhance Blockchain Utilization
Trust Wallet, a prominent self-custody Web3 wallet provider, has entered into a strategic partnership with The Open Network (TON) to accelerate the adoption of blockchain technology. This collaboration is set…
Harris Refines Policy Strategy in Anticipation of Electoral Showdown with Trump
Vice President Kamala Harris faces the intricate challenge of fine-tuning her policy agenda to resonate with American voters, a crucial task for any presidential hopeful, particularly under unique circumstances this…
Ethereum Spot ETFs Record Positive Net Inflows with $34M Gained on July 30
For the first time since their inception, United States-listed spot Ethereum exchange-traded funds (ETFs) have experienced a shift to net positive daily inflows, marking a significant reversal from the consistent…
UAE Residents to Trade Cryptocurrency Directly Through Bank Accounts
Crypto exchange M2 has launched a groundbreaking service that allows residents in the United Arab Emirates (UAE) to directly buy and sell major cryptocurrencies—Bitcoin and Ether—using their local bank accounts.…
Four Suspects Allegedly Forced Bitcoin Owner to Transfer Funds Before Murdering Him, According to Police
In a horrifying incident in Kyiv, Ukraine, four suspects have been arrested in connection with the kidnapping and murder of a 29-year-old foreign national known for his involvement with Bitcoin.…
Artists File Lawsuit Against SEC to Clarify NFTs’ Status as Securities
Two artists have initiated a lawsuit against the United States Securities and Exchange Commission (SEC) to establish whether non-fungible tokens (NFTs) are subject to the commission’s jurisdiction. This legal action…
U.S. Government Possesses $12 Billion in Bitcoin, Reports Arkham Intelligence
The United States government currently stands as the largest geopolitical holder of Bitcoin, maintaining control over approximately 183,000 units of this decentralized digital currency. As per the latest market values,…
Slovenia Debuts the European Union’s First Digital Sovereign Bond Issued by BNP Paribas
Slovenia has taken a significant step in digital finance by issuing the first digital sovereign bond within the European Union. Managed by BNP Paribas, this groundbreaking bond has a nominal…
Coinbase Takes Custody Role for Australia’s New Bitcoin ETF
Cryptocurrency exchange Coinbase is reinforcing its global presence in the Bitcoin exchange-traded fund (ETF) market by becoming a custody partner for a new Bitcoin ETF in Australia. The DigitalX Bitcoin…
Chainlink Integration Enhances Transparency for 21Shares’ Ether ETF
21Shares has integrated Chainlink’s proof-of-reserve (PoR) system into its Core Ethereum exchange-traded fund (ETF), aiming to bolster transparency and trust in its crypto offerings. Enhancing Trust Through Proof-of-Reserves As one…
Bitcoin and Gold Poised for Significant Breakout as ‘Macro Summer’ Commences — Analyst
Bitcoin and gold might be gearing up for a major price breakout as macroeconomic conditions show signs of improvement. ‘Macro Summer’ and Its Implications Raoul Pal, founder and CEO of…
Ethereum ETF Launch Spurs $2.2 Billion Inflows, Reports CoinShares
The recent introduction of spot Ether exchange-traded funds (ETFs) in the United States has triggered one of the most significant inflows to Ethereum (ETH) since December 2022. Surge in Inflows…
NFTs on Track for Lowest Monthly Sales Since November 2023
Non-fungible tokens (NFTs) are on course to record their lowest monthly sales volume since November 2023, according to recent data. Current Sales Figures As of July 29, data tracker CryptoSlam…