Bitcoin ETFs Experience $28.6 Million Inflows After Eight-Day Outflow Streak
United States-based spot Bitcoin exchange-traded funds (ETFs) witnessed a significant turnaround on September 9, 2024, with net inflows totaling $28.6 million. This marked the end of an eight-day period characterized…
Crypto Super PAC Invests $660K in Massachusetts Senate Race as US Election Nears
The Commonwealth Unity Fund, a prominent political action committee (PAC) with strong backing from the cryptocurrency industry, has made significant financial contributions in the race for a United States Senate…
Singapore Probes Illegal Worldcoin Accounts and Token Sales
Worldcoin, a cryptocurrency project known for its controversial approach to capturing identity data, is currently under investigation in Singapore for potential involvement in money laundering and terrorism financing. The scrutiny…
FBI Reports $5.6 Billion in Cryptocurrency Fraud Losses for 2023
The FBI’s Internet Crime Complaint Center (IC3) has unveiled its report on cryptocurrency fraud for 2023, revealing that Americans lost a staggering $5.6 billion due to such schemes. This marks…
Kamala Harris Releases Policy Platform Details — No Mention of Crypto
Democratic presidential nominee Kamala Harris has unveiled new elements of her policy agenda as the 2024 United States presidential election approaches. While the updated platform emphasizes a commitment to fostering…
Ether Eyes Potential Price Breakout Amid Post-Summer Market Recovery
Ether, the second-largest cryptocurrency by market capitalization, is showing signs of a potential price breakout following a prolonged downtrend that began in late March. This anticipation is fueled by a…
Latvia’s Central Bank Initiates Pre-Licensing Consultations for Crypto Companies
The European Union’s comprehensive crypto regulation, known as the Markets in Crypto-Assets (MiCA) Regulation, is beginning its phased implementation across member states, prompting various local responses. In Latvia, the central…
Tokocrypto Gains Full Regulatory Approval in Indonesia as Binance Subsidiary
Tokocrypto, an Indonesian cryptocurrency exchange, has achieved a significant regulatory milestone by securing a full license under the country’s Commodity Futures Trading Regulatory Agency (Bappebti). This development marks a crucial…
Nigeria’s SEC Intensifies Actions Against Unregulated Cryptocurrency Exchanges
The Securities and Exchange Commission (SEC) of Nigeria is set to enhance enforcement actions against businesses and individuals engaging in cryptocurrency transactions without appropriate regulatory oversight. This announcement, made by…
Crypto Scammers Use Deepfakes of Apple CEO Tim Cook During iPhone 16 Livestream
YouTube was recently inundated with fraudulent livestreams featuring deepfake videos of Apple CEO Tim Cook, who was depicted promoting cryptocurrency scams. This surge in scam content occurred simultaneously with Apple’s…
Spot Bitcoin ETFs Experience $1.2 Billion in Outflows Over Eight Days
In a significant market movement, the 11 United States-based spot Bitcoin exchange-traded funds (ETFs) recorded combined net outflows of $1.2 billion from August 30 to September 6, marking the longest…
CEO of Crypto Research Firm Steps Down Following Armed Robbery of Company Assets
Nick Drakon, the CEO of the cryptocurrency research and education platform Revelo Intel, has resigned from his position following a traumatic incident where he was coerced at gunpoint to transfer…
Former Ethereum Advisor Files $100M Lawsuit Against Law Firm Over Defense in Crypto Extortion Case
Steven Nerayoff, an early advisor to the Ethereum network, has initiated a lawsuit against the prestigious law firm Covington & Burling, demanding $100 million in damages. This legal action stems…
Tether Expands Portfolio with $100 Million Investment in Agricultural Sector Amid Rising Stablecoin Rivalry
Tether, the organization behind the world’s largest stablecoin, has recently embarked on a new venture by investing $100 million in the Latin American agricultural powerhouse, Adecoagro. This move marks Tether’s…
Fed Survey Reveals Crypto Ownership Growth Isn’t Keeping Pace with Market Recovery
Recent research from the Federal Reserve sheds light on a surprising disconnect between the recent resurgence of the cryptocurrency market and the rate of cryptocurrency ownership. Despite the crypto market’s…
Bitcoin Could Gain Momentum as Younger Investors Emerge, Says Suze Orman
Financial adviser and bestselling author Suze Orman, known for her influential role in financial advice and her long-running Suze Orman Show on CNBC, recently shared her views on Bitcoin and…
Stacks Sets New Record for Smart Contract Deployments Before Nakamoto Upgrade
Stacks, the layer enabling smart contracts on Bitcoin, has achieved a new milestone with over 1,400 smart contracts deployed in a single month, just days before the Nakamoto upgrade is…
Arthur Hayes Closes Short on Bitcoin, Anticipates Imminent Rally
Arthur Hayes, former CEO of the BitMEX cryptocurrency exchange, has exited his short position on Bitcoin, following his previous warnings of a potential significant downturn. On September 6, Hayes expressed…
Ripple CEO Foresees Inevitable Demand for Japanese Yen Stablecoins
Ripple CEO Brad Garlinghouse expressed optimism about the potential demand for a Japanese yen stablecoin, despite the company not yet committing to launching such a product in Japan. During an…
Blockstream Mining Launches Hashrate-Backed Security Token to Raise Funds
Blockstream Mining has introduced a new security token, Blockstream Mining Note 2 (BMN2), to raise funds by capitalizing on the company’s Bitcoin mining operations. Announced on September 5, this innovative…