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…
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…
New ‘Crypto Ring’ Brings Bitcoin Self-Custody to Everyday Users
The concept of cryptocurrency self-custody is undergoing a transformation with the introduction of wearable technology. Tangem, a hardware wallet company, has announced the launch of the Tangem Ring on July…
Bitfinex Derivatives Partners with Thalex for Enhanced Crypto Exchange Services
Bitfinex Derivatives recently announced a strategic collaboration with Thalex, a fellow Seychelles-based crypto derivatives exchange, to significantly expand its range of services. This partnership is set to introduce options, dated…
Fraudulent ‘Professors’ Deceive Victims with Phony Loans in Emerging Crypto Scam
The Washington State Department of Financial Institutions (DFI) has issued a warning about a burgeoning crypto scam involving individuals posing as business professors. These fraudsters entice victims into risky cryptocurrency…
Nigerian Court Issues Arrest Warrant for Prison Doctor Amid Health Concerns for Detained Binance Executive
Justice Emeka Nwite of the Federal High Court in Abuja has escalated the legal proceedings involving a Binance executive’s health concerns by issuing a bench warrant for Dr. Abraham Ehizojie,…
Craig Wright Referred for Perjury Charges Amid Disputed Claims of Being Bitcoin Creator
Craig Wright, an Australian computer scientist who has controversially claimed to be Satoshi Nakamoto, the enigmatic creator of Bitcoin, is now facing severe legal repercussions. A judge at London’s High…
Launch of Ether ETFs Sets Stage for Solana-Based ETFs and Broad Crypto Product Expansion, Analyst Predicts
The upcoming launch of the first spot Ether exchange-traded funds (ETFs) is anticipated to revolutionize the landscape of cryptocurrency investments. Eric Balchunas, a senior ETF analyst at Bloomberg, predicts that…