Whale Transfers $50M in ETH Amid ETF Anticipation
An Ethereum whale has made waves in the crypto community by withdrawing 16,449 Ether, valued at approximately $50.3 million, from Binance. This significant transaction occurred as the price of Ether…
Bitcoin Mining Set to Enhance UK’s Renewable Energy Grid
Bitcoin mining offers numerous potential use cases beyond maintaining network security and integrity, such as utilizing GPUs to power machine learning and large gaming setups. One United Kingdom-based Bitcoin advocacy…
Binance Nears Conclusion of Majority Stake Sale in Gopax, Reports Indicate
Binance, the global cryptocurrency exchange, is reportedly on the verge of significantly reducing its majority stake in the South Korean exchange Gopax. According to a recent report by The Chosun…
Cyprus Urges Joint Action Against Crypto-Based Terrorism Financing
The regulatory authority in Cyprus has called upon accounting and audit professionals to play a crucial role in detecting and preventing terror financing activities. This effort emphasizes a special focus…
Bank of Italy to Release Crypto Guidelines in ‘Coming Days’ — Governor
Italy’s central bank will publish guidelines on how to apply incoming European Union crypto regulations “in the coming days,” Bank of Italy Governor Fabio Panetta announced on Tuesday, July 9.…
German Gov’t Prepares for Next $276M BTC Sell-Off
The German government has continued its Bitcoin sell-off, sending approximately 3,100 BTC worth around $178 million within the span of an hour on July 9. Recent Transactions and Holdings Simultaneously,…
Nigerian Minister Urges SEC to Tackle Crypto Regulation Challenges
The Nigerian Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasized the importance of addressing the complexities of cryptocurrency regulation to the newly inaugurated Securities and…
German Government’s $354M BTC Sell-Off Signals Potential for Increased Volatility
The wallet labeled “German Government (BKA)” on Arkham Intelligence has loaded up 6,000 more Bitcoin worth $354 million in preparation for the next round of BTC sell-offs. This move signals…
Crypto Exploits Near $1.4B This Year as Hackers Target CeFi: Report
According to cybersecurity firm Cyvers’ mid-year Web3 security report, the total volume of stolen crypto funds in 2024 is nearing $1.4 billion, with centralized exchanges (CeFi) emerging as the primary…
Australia’s Main Stock Exchange to Get Second Spot Bitcoin ETF
Blockchain-focused asset manager DigitalX has received regulatory approval to launch its spot Bitcoin exchange-traded fund (ETF), which will be the second Bitcoin ETF to trade on the Australian Securities Exchange…
Dubai Customs Launches Blockchain Platform Amid Smart City Effort
Dubai Customs has announced the launch of a new blockchain platform designed to reduce supply chain friction within Dubai and across its borders. Strategic Initiative for a Smart City The…
US Senate Recommends Blockchain for National Security Tests
The United States Senate Committee on Armed Services has directed the Secretary of Defense, Retired General Lloyd Austin, to explore potential applications of blockchain technology for supply chain management and…
Ethereum to Launch First $2M Protocol-Wide ‘Attackathon’
Ethereum is gearing up to launch its first-ever hackathon, dubbed the “Attackathon,” with a reward pool of $2 million. This event aims to be the largest crowdsourced security audit of…
Ronaldinho Joins Messi in Promoting Water-Themed Solana Memecoin
Ronaldinho Gaúcho has become the latest soccer legend to promote the Solana-based token Water Coin (WATER) on Instagram, following a similar endorsement from Lionel Messi. Ronaldinho’s Instagram Promotion On July…
Invesco Ether ETF Sets Fees at 0.25% as Competition Among Issuers Heats Up
On July 9, asset managers Invesco and Galaxy announced the management fees for the Invesco Galaxy Ethereum ETF (QETH) at 0.25% in an amended filing to United States regulators. This…
Crypto Fear & Greed Index Hits Lowest Level Since January 2023
The Crypto Fear & Greed Index, a metric that tracks relative market sentiment, has plummeted to its lowest levels since January 2023, reaching 27 on July 9, according to data…
Crypto Adoption in Argentina Soars Amid 276% Inflation Spike
Cryptocurrency adoption in Argentina has reached record levels as the country grapples with a skyrocketing inflation rate. Leading the Western Hemisphere in Crypto Adoption Argentina has been leading the Western…
Lionel Messi Promotes Solana Memecoin on Instagram
International soccer legend Lionel Messi has joined the meme coin craze, promoting a Solana-based memecoin called WaterCoin (WATER) through his Instagram Stories. WaterCoin’s Mission and Roadmap According to WaterCoin’s documentation,…
Bitcoin ‘Potentially Reached’ Local Bottom, Bitfinex Says
After facing a massive sell-off in June, Bitcoin might have potentially reached a local bottom, according to a new report by analysts from the Bitfinex exchange. Bitcoin’s price plummeted below…
German Gov’t Shifts Additional 3K BTC in 1 Hour
The German government has transferred over 3,000 Bitcoin since 11:11 am UTC, bringing the total BTC volume moved by the government over the last 24 hours to a five-figure amount.…