Biden’s Presidential Race Exit Triggers $67M Liquidation of Crypto Long Positions in 30 Minutes
The cryptocurrency market witnessed a dramatic flurry of activity following United States President Joe Biden’s announcement to withdraw from the 2024 presidential race. This decision had immediate repercussions on the…
Biden-Linked Memecoins Plunge 60% Following Presidential Race Withdrawal
The memecoins associated with United States President Joe Biden and his family experienced a dramatic fall following his unexpected withdrawal from the 2024 presidential race. This event triggered significant volatility…
Exploring Kamala Harris’ Stance on Cryptocurrency as Election Looms
Vice President Kamala Harris has been somewhat of an enigma when it comes to her stance on cryptocurrencies and blockchain technology. Unlike many of her Capitol Hill colleagues, she has…
Record $17 Billion in Net Inflows Marks Milestone for US Bitcoin ETFs
The US market for Bitcoin spot exchange-traded funds (ETFs) has achieved a significant milestone, amassing more than $17 billion in net inflows. This record-setting performance underscores the growing interest and…
Fractal ID’s Data Breach Linked to 2022 Password Reuse Incident
Fractal ID, a blockchain identity verification platform, recently published a detailed postmortem on a data breach that compromised user information. The breach occurred on July 14, 2024, but its origins…
Bitcoin Stability at $67K as Whale Selling Pressure Subsides
Bitcoin’s recent market performance shows a notable stabilization, as selling pressures from significant holders, often referred to as ‘whales,’ have diminished, supporting a sustained price level above $67,000. This pattern…
Biden Concludes Campaign, Backs Harris, Shaking Up 2024 Election Landscape
Former United States President Joe Biden concluded his campaign for reelection following a series of political setbacks, capped by a poor debate performance that heightened concerns about his ability to…
CrowdStrike Meltdown Forces Microsoft to Launch Emergency Windows Repair Tool
On a disruptive Friday, 8.5 million Windows devices were brought to a standstill by a faulty update from cybersecurity firm CrowdStrike. This update precipitated widespread system crashes, commonly known as…
Italian State-Owned Bank Tests Digital Bonds on Polygon Blockchain
Italy’s state-owned bank, Cassa Depositi e Prestiti SpA, in collaboration with the trillion-dollar investment bank Intesa Sanpaolo, has successfully completed a digital bond issuance valued at $27.2 million using the…
Investor Interest in BlackRock’s Bitcoin ETF Remains High Despite Bleak Market Sentiment
Since its introduction, BlackRock’s iShares Bitcoin Trust (IBIT) has been a beacon for investors, consistently attracting significant inflows. Most notably, since last Monday, the fund has seen continued investor interest…
Kraken Custody Extends Services to UK and Australia
Kraken, a leading cryptocurrency exchange, has officially announced the expansion of its Kraken Custody services to institutional clients in the United Kingdom and Australia. This strategic move marks Kraken Custody’s…
Competitive Fee Reductions Emerge Among Upcoming Ether ETF Issuers
As the launch of several Ether exchange-traded funds (ETFs) approaches, competition among issuers is intensifying, with most opting to introduce temporary fee reductions or waivers. These strategic discounts are set…
Crypto Analysts Criticize OKX’s Departure from Nigeria
The exit of the cryptocurrency exchange OKX from Nigeria has sparked significant backlash among local cryptocurrency analysts and stakeholders. This move has raised concerns about the impact of the Nigerian…
Greek Government Set to Enforce Cryptocurrency Taxation by 2025
As reported by the Greek daily paper Ekathimerini on July 15, the Greek government is taking decisive steps to incorporate cryptocurrencies and digital assets into its national tax framework. This…
Sharp Decline in Popularity for Bitcoin Runes Protocol
Despite various innovative protocols operating on the Bitcoin network, none have sustained transaction volumes to match the original Bitcoin over an extended period. New data reveals that these protocols, while…
OKX Chooses Malta as MiCA Hub to Ensure EU Crypto Compliance
OKX, a prominent crypto exchange and Web3 technology company, has announced that it will establish Malta as its Markets in Crypto-Assets (MiCA) hub. This decision aims to ensure compliance with…
Revolutionary Tool Facilitates ‘No-Code’ Blockchain Deployment
BVM Studio represents a groundbreaking advancement in the blockchain space, offering a no-code solution designed to make blockchain technology more accessible to a broader audience. Developed by the blockchain-as-a-service infrastructure…
EU Blockchain Initiatives Progress from Hype to Practical Implementation, Report Reveals
The International Association for Trusted Blockchain Applications (INATBA) has released an insightful report indicating a significant shift in the nature of blockchain projects within the European Union. According to the…
SEC Approves Grayscale and ProShares Spot Ethereum ETFs for Trading on NYSE Arca
The United States Securities and Exchange Commission (SEC) has granted approval for two spot Ethereum exchange-traded funds (ETFs)—Grayscale Ethereum Mini Trust and ProShares Ethereum ETF—to be listed on the New…
Judge Reduces Ethereum Developer’s Prison Sentence by 7 Months
A federal judge has recently granted a motion to reduce the prison sentence of Virgil Griffith, a former Ethereum developer who pleaded guilty to violating sanctions against North Korea. In…