Decrease in Tether Supply Reflects Reduced Activity in Cryptocurrency Markets
Recent data reveals a significant reduction in the growth rate of the Tether (USDT) stablecoin supply, suggesting a cooling in overall cryptocurrency market activity. Analysis from crypto custodian Copper highlights…
Solana Introduces Feature Enabling Crypto Transactions Across Any Website
The Solana Foundation has announced a breakthrough feature that seamlessly integrates blockchain transactions into any online platform. Dubbed Solana Actions and blockchain links or “blinks,” this functionality allows any website…
German Government Transfers 900 Bitcoin, Including 400 BTC to Coinbase and Kraken
The German Government, via a cryptocurrency wallet labeled by the Bundeskriminalamt (BKA), has conducted significant transactions involving over $54 million worth of Bitcoin. These operations took place in three distinct…
Hong Kong Highlights Its Crypto and Web3 Capabilities at Toronto Tech Conference
In an ambitious move to attract Canadian tech startups, Hong Kong government entities focused on foreign investment promotion visited a tech conference in Toronto, Canada. The Hong Kong Economic and…
Bubblemaps Reports Jason Derulo Sold JASON Tokens Contrary to Previous Statements
Jason Derulo, the American singer known for his vibrant musical career, recently launched a crypto token named JASON, sparking significant market movements and controversy. Despite initial declarations of holding onto…
FTX Creditors to Decide Between Cash and Crypto for Repayment
FTX, once among the world’s leading cryptocurrency exchanges, has received court approval to present a crucial decision to its creditors: choosing between receiving their recovered funds in cash or in…
Iranian Authorities Criticize ‘Hamster Kombat’ Blockchain Game as a Form of Western Soft Power
The blockchain game ‘Hamster Kombat,’ part of the burgeoning play-to-earn gaming sector, has recently become a focal point of controversy in Iran. Iranian military and religious leaders have sharply criticized…
European Central Bank Issues Initial Update on Central Bank Digital Currency Progress
The European Central Bank (ECB) has published its inaugural progress report on the development of a central bank digital currency (CBDC), as of June 24. This comprehensive update sheds light…
Hut 8 Secures $150M Investment from Coatue Management Amid AI Expansion
In a significant move reflecting the convergence of cryptocurrency and artificial intelligence (AI) technologies, Coatue Management, led by billionaire investor Philippe Laffont, has committed to a $150-million investment into Bitcoin…
Tether Ceases USDT Issuance on Eos and Algorand Blockchains
Tether, the company behind the largest United States dollar-pegged stablecoin USDT, has announced significant changes in its operations by discontinuing the issuance of new USDT tokens on the Eos and…
Report Identifies Coinbase as the Most Impersonated Crypto Brand by Scammers
In the evolving landscape of Web3 security, a recent survey has revealed that the Coinbase cryptocurrency exchange is the most frequently impersonated brand by scammers within the sector. This alarming…
CoinShares Achieves 116% Recovery from Sale of FTX Claim
CoinShares International, a prominent European investment firm specializing in digital assets, recently announced the successful sale of its claim against the bankrupt cryptocurrency exchange, FTX. This milestone is significant as…
SlowMist Alerts to Surge in Phishing Attacks Within TON Ecosystem
The Open Network (TON), a blockchain platform closely associated with the Telegram messaging service, is experiencing a significant increase in phishing attacks, as reported by security experts. This uptick in…
Transaction Fees for Bitcoin and Ethereum Drop to Seven-Month Low
In a stark contrast to the often volatile crypto landscape, Bitcoin and Ether transaction fees have significantly dropped, reaching their lowest points in several months. This change coincides with one…
South Korean Research Institute Advises Caution on Crypto ETFs
The Korea Institute of Finance, a prominent think tank focused on financial and economic analysis in South Korea, has voiced concerns about the potential risks associated with the introduction of…
Japan’s Metaplanet Announces 1 Billion Yen Bond Sale to Acquire More Bitcoin
Tokyo-based investment and consulting firm Metaplanet has unveiled plans to issue bonds worth 1 billion yen (approximately $6.26 million) to fund the purchase of Bitcoin. This decision reflects the company’s…
Ethereum Might Drop 30% Following Spot ETH ETFs Launch, Warns Crypto Venture Capitalist
Ethereum’s value could see a significant drop to around $2,400 following the launch of spot Ether exchange-traded funds (ETFs), according to Andrew Kang, a founder and partner at Mechanism Capital,…
Binance Aids BtcTurk in Cyberattack Investigation, Freezes $5.3 Million in Stolen Funds
Cryptocurrency exchange Binance has reportedly stepped in to assist Turkish crypto exchange BtcTurk in investigating a recent cyberattack that compromised millions of dollars in digital assets. Binance CEO Richard Teng…
Hong Kong Seeks Global Input on Shaping the Future of Web3 and Digital Assets
Hong Kong’s Legislative Council member Johnny NG Kit-Chong announced that the council is actively seeking insights from global industry leaders to formulate policy recommendations and guide discussions on the future…
Blockchain Advocacy Group Voices Privacy Concerns Over IRS’s Proposed Crypto Tax Form
The Chamber of Digital Commerce, a prominent trade association within the blockchain sector, has recently provided comprehensive feedback on the United States Internal Revenue Service’s (IRS) proposed Form 1099-DA. This…