German Government’s Bitcoin Sale Nets $2.8 Billion
The German government has confirmed a substantial emergency sale of Bitcoin, which commenced in June 2024. An official statement from the state of Sachsen on July 17 detailed the sale…
Trump Considering Bitcoin Critic Jamie Dimon for U.S. Treasury Secretary
Former United States President and current Republican nominee Donald Trump recently indicated he might consider JPMorgan CEO Jamie Dimon for a key position in his administration if re-elected. Specifically, Trump…
Indian Crypto Exchange Hit by $235M Hack, Pauses Withdrawals
Web3 security firm Cyvers has identified several suspicious transactions involving WazirX’s Safe Multisig wallet on the Ethereum network. According to an X post by Cyvers, approximately $234.9 million worth of…
Stripe Enables Cryptocurrency Purchases for European Clients, Report Reveals
Stripe, a leading financial services provider, has recently broadened its cryptocurrency offerings in the European market. This expansion enables European consumers to purchase cryptocurrencies like Bitcoin and Ether using their…
Li.Fi Protocol Suffers Security Breach, Resulting in $10 Million Cryptocurrency Theft
On July 16, the Li.Fi protocol, which facilitates swaps and bridging between Ethereum Virtual Machine and Solana networks, experienced a significant security breach. Over $10 million worth of cryptocurrencies were…
Nigerian Authorities Detain Prominent Crypto Figure in Fraud Enforcement Sweep
On July 17, the Nigeria Police Force announced the arrest of Linus Williams, a well-known figure in the Nigerian cryptocurrency scene, who goes by the moniker BLord. The Force Public…
Record $116M in Polymarket Trading Volumes Driven by High Stakes on Trump’s Election Outcome
July has marked a historic milestone for the crypto prediction platform Polymarket, with trading volumes reaching unprecedented levels due to intense speculation surrounding the upcoming United States presidential election. Dune…
Blockchain Venture Funding in Africa Falls 74% in First Half of 2024, According to CV VC Report
In the first half of 2024, Africa saw a significant decline in blockchain venture funding, with investments plummeting by 74% compared to the same period in 2023. This stark downturn…
Ethereum Poised to Surpass Bitcoin Performance Post-ETF Launch, Kaiko Report Suggests
A recent report from Kaiko has sparked considerable interest within the cryptocurrency community by suggesting that Ether (ETH) may outperform Bitcoin (BTC) following the anticipated launch of Ethereum exchange-traded funds…
SEC Sets Deadline for Final S-1 Filings Ahead of Ether ETF Launch
The United States Securities and Exchange Commission (SEC) has recently issued final directives to asset managers who are in the process of launching Ether exchange-traded funds (ETFs), a move that…
Amended Complaint Targets Tether and Bitfinix in Ongoing Lawsuit Over Alleged USDT Manipulation Scheme
The legal battle against Tether and its affiliated exchange Bitfinix intensifies as plaintiffs in a class-action lawsuit, ongoing since 2019, have filed an amended complaint in the Southern District of…
BlackRock’s Assets Under Management Exceed $10.6 Trillion, Fueled by Surge in ETF Inflows
BlackRock, the world’s largest asset manager, has achieved a new milestone by managing over $10.6 trillion in assets, reflecting a substantial $1.2 trillion growth year-over-year. This significant achievement has been…
Metaplanet Acquires Additional $1.2 Million in Bitcoin Amid Price Surge Toward $65K
Metaplanet, a Bitcoin-stacking investment firm based in Japan, has strategically expanded its Bitcoin portfolio by purchasing an additional 21.88 Bitcoin, valued at over $1.2 million (200 million Japanese yen). This…
Speculation on Mainland China Reversing Bitcoin Ban Met With Community Skepticism
Recent buzz on social media has reignited discussions about China potentially lifting its longstanding prohibition on Bitcoin. However, the cryptocurrency community remains largely skeptical about such a reversal happening anytime…
Hong Kong Identifies Seven Crypto Exchanges as Unregulated for Non-Compliance
The Securities and Futures Commission of Hong Kong (SFC) has recently intensified its oversight of the cryptocurrency sector, issuing alerts against seven trading platforms accused of operating without necessary licenses.…
Bitcoin Declines 3% Following $5.7 Billion Transfer from Mt. Gox Cold Wallet
On July 16, Bitcoin experienced a notable decline, dropping over 3% as unsettling news resurfaced concerning the defunct exchange Mt. Gox. This downturn occurred shortly after Bitcoin’s price briefly reached…
XRP Scam Promoted Through Hacked Accounts of Filipino Musicians
On July 15, a coordinated cyberattack targeted several prominent Filipino musicians, leading to the compromise of their YouTube accounts. These accounts were manipulated to promote a deceptive XRP cryptocurrency scam,…
Bitcoin and Ethereum Drive Record $17.8 Billion in Crypto Inflows
The digital asset investment landscape has experienced a remarkable surge in 2024, with inflows into cryptocurrency investment products reaching a record-breaking $17.8 billion year-to-date (YTD). This substantial capital influx suggests…
Donald Trump Selects Pro-Crypto Senator JD Vance as Vice Presidential Candidate for 2024
In a strategic move shaping the 2024 presidential race, Donald Trump, a prospective Republican candidate, has officially announced Senator JD Vance as his vice-presidential running mate. The announcement, made on…
South Korea’s Ruling Party Suggests Postponing Cryptocurrency Tax Implementation Until 2028
South Korea’s People’s Power Party has recently made headlines with its official proposal to delay the country’s impending cryptocurrency trading profits tax. Initially set to commence on January 1, 2025,…