Japanese Village Utilizes NFTs to Support Aging Population
Yamakoshi, a secluded village in the Niigata mountains of Japan, has embarked on a unique digital initiative to support its aging population. Through the sale of non-fungible tokens (NFTs), the…
Marathon Digital Diversifies Mining Strategy with $16 Million in Kaspa Earnings
Marathon Digital, a leading player in the Bitcoin mining industry, has taken significant steps to diversify its cryptocurrency mining operations. The company revealed on June 26 that it has successfully…
Major Australian News Broadcaster’s YouTube Channel Hijacked by Crypto Scammers
The YouTube channel of Seven Network, a leading Australian broadcaster, was compromised by cryptocurrency scammers, showcasing deepfake videos of Elon Musk promoting a crypto giveaway scam. The channel, known for…
State Street Collaborates with Galaxy Digital to Launch Innovative ETFs Expanding Beyond Bitcoin
State Street Global Advisors, an asset management giant, in collaboration with cryptocurrency investment firm Galaxy Digital, is set to introduce a new series of exchange-traded funds (ETFs) that broaden investment…
US Government Transfers 3,940 Bitcoin to Coinbase Exchange
On June 26, the United States government executed a significant transaction by transferring 3,940 Bitcoin to a Coinbase Prime wallet. This event, detailed by on-chain analytics from Arkham Intelligence, marks…
Profitable Cryptocurrency Sectors of Early 2024 Unveiled
The first half of 2024 has showcased significant profitability variations across various sectors within the cryptocurrency industry. Analysis from BitEye, CoinGecko, and Wu Blockchain highlights which areas have thrived and…
UAE Lawyer Warns New Regulations Could Ban Crypto Payments
Crypto and blockchain attorney Irina Heaver has expressed concerns that recent regulations issued by the United Arab Emirates (UAE) may effectively prohibit cryptocurrency payments within the country. These concerns stem…
Bitstamp Prepares for MiCA Compliance by Delisting EURT
As Europe prepares to fully implement the Markets in Crypto-Assets Regulation (MiCA), cryptocurrency exchange Bitstamp is aligning its operations with the new regulatory framework. In a proactive measure, Bitstamp has…
Coinbase Initiates Legal Action Against SEC and FDIC for FOIA Compliance Failures
Coinbase, a major player in the cryptocurrency market, has launched lawsuits against two key U.S. regulatory bodies: the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC).…
Worldcoin Joins Forces with Alchemy to Enhance Blockchain Infrastructure
Worldcoin, known for its innovative iris-scanning biometric digital identity project, has announced a strategic partnership with Alchemy, a leading Web3 development platform. This collaboration, revealed on June 26, aims to…
Hong Kong Focuses on DeFi and Metaverse to Boost Fintech Sector
Hong Kong is positioning itself as a leader in the global fintech landscape by embracing decentralized finance (DeFi) and metaverse technologies. Recent studies conducted by the Hong Kong Institute for…
SEC Chair Gensler Confirms Smooth Progress in Ethereum ETF Launch Process
The Securities and Exchange Commission (SEC) Chair, Gary Gensler, has indicated that the process of launching the first spot Ether exchange-traded funds (ETFs) in the United States is proceeding without…
Ethereum Experiences Continued Inflation for Over 73 Consecutive Days
Since the significant network upgrade known as the Merge in 2022, Ethereum has entered its most prolonged inflationary period to date. This sustained increase in Ether supply is largely attributable…
Metallica’s Social Media Compromised to Endorse Cryptocurrency Token
The official X account (formerly Twitter) of the legendary heavy metal band Metallica was recently hacked, leading to unauthorized promotions of a cryptocurrency token named METAL, supposedly linked to the…
US State Department Offers $5 Million for Information on OneCoin’s ‘Cryptoqueen’
The United States Department of State has dramatically increased the reward for information leading to the arrest and conviction of Ruja Ignatova, the elusive founder of the notorious cryptocurrency scheme,…
South Korea Implements Decree to Enforce Virtual Assets Protection Law
The South Korean government has taken a significant step forward in the regulation of virtual assets with the approval of a decree to enforce the Act on the Protection of…
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…