Bitcoin Miners Managing Pressures Without Resorting to Extensive Sell-Offs
Despite the rising operational costs and diminishing rewards, Bitcoin miners are not facing a catastrophic situation. Glassnode’s lead analyst James Check, also known by his handle “Checkmatey,” recently shared insights…
Italian Government to Increase Crypto Market Surveillance
Italy is preparing to intensify its oversight of the cryptocurrency markets in compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This move aims to crack down on…
U.S. Imposes Ban on Kaspersky Software
The U.S. government, through the Commerce Department’s Bureau of Industry and Security, has issued a ban on the sale of Kaspersky antivirus software, effective from July 20. This measure is…
Farmers Profit from Water Savings with Kilimo’s Help
Kilimo, a startup focused on optimizing water usage in agriculture, has developed a method that not only conserves water but also financially rewards farmers who reduce their water consumption. According…
Stablecoin Transfer Volume Surges 16-Fold Over Past Four Years
The use of stablecoins has surged dramatically over the past four years, marking a significant milestone in the adoption of cryptocurrencies and their integration into the global financial ecosystem. Surge…
EU Delays Decision on Scanning Encrypted Messages
European Union officials have postponed discussions on a controversial proposal that could mandate messaging platforms like WhatsApp, Messenger, and Signal to scan uploaded images and links to detect child sexual…
EU’s Chat Control Law Could Break Privacy With Encrypted Message Scans
The European Union is currently considering a contentious law known as the chat control law, which aims to combat child sex abuse material (CSAM) by mandating the scanning of encrypted…
Bitcoin NFTs Overtake Ronin in Cumulative Sales Volume
The Bitcoin network has recently ascended in the non-fungible token (NFT) market, now ranking third in all-time sales among blockchain platforms, surpassing the Ronin blockchain. This development underscores the growing…
Coinbase International Introduces Pre-Launch Market Support
Following the trend set by centralized exchanges like Binance, Bybit, Bitget, and OKX, Coinbase International is stepping into the arena with its own launchpad designed to promote emerging crypto projects.…
Uphold Announces Delisting of USDT and Five Other Stablecoins by July, Cites MiCA Compliance
Cryptocurrency exchange Uphold has recently notified its European users of a significant upcoming change: the platform will cease support for six well-known stablecoins starting July 1st. This decision is in…
Uncertain Drivers Behind Steep Decline as Major Altcoins See Double-Digit Drops
The cryptocurrency markets plunged into turmoil on Monday, witnessing significant declines across numerous altcoins, with some dropping more than 10%. Despite the pronounced downturn, industry analysts have struggled to pinpoint…
Remilia Hacker Transfers $4.3 Million in Stolen Crypto to Tornado Cash
The hacker behind the $4.3 million exploit of Remilia DAO has funneled the stolen funds through Tornado Cash, a notorious cryptocurrency mixer, according to recent blockchain analysis. Details of the…
zkSync Defends Sybil Protection Measures Amid Binance’s Own ZK Token Airdrop
As the Ethereum zero-knowledge layer-2 scaling platform zkSync prepares for its highly anticipated ZK token airdrop on June 17, the team continues to address concerns and criticisms regarding its airdrop…
Ethereum Scaling Ecosystem Reaches Record-High TPS, Driven by Layer-3 Solutions
The Ethereum ecosystem has reached a new milestone in transactions per second (TPS), largely due to a significant increase in activity on a lesser-known Ethereum layer-3 solution. On June 16,…
Trezor Enhances Self-Custody with New Onboarding Service and Advanced Hardware Wallet
Leading hardware cryptocurrency wallet provider Trezor is tackling the challenge of crypto usability by introducing Trezor Expert, a personalized onboarding service, and unveiling its latest hardware wallet, the Trezor Safe…
Swiss Regulator Orders Crypto-Friendly FlowBank into Bankruptcy
The Swiss Financial Market Supervisory Authority (FINMA) has announced the forced closure and bankruptcy of FlowBank, a Swiss online bank known for its cryptocurrency trading services. This decision comes after…
SEC Chair Anticipates Approval of Spot Ether ETFs This Summer
United States Securities and Exchange Commission (SEC) Chair Gary Gensler has indicated that the SEC may approve the listing and trading of spot Ether (ETH) exchange-traded funds (ETFs) within the…
European Commission Chooses Iota’s Web3 ID Solution for Blockchain Sandbox Initiative
The European Commission has selected Iota’s innovative Web3 Identification (Web3 ID) solution for the latest edition of its European Blockchain Sandbox Initiative (EBSI), underscoring the growing importance of decentralized identity…
MicroStrategy Plans $500 Million Convertible Senior Notes Offering to Acquire More Bitcoin
MicroStrategy has announced a new initiative to offer $500 million in convertible senior notes, with the funds primarily intended for acquiring additional Bitcoin and supporting general corporate purposes. On June…
MoonPay Introduces PayPal Fiat On-Ramp for the UK and EU Markets
MoonPay has announced the addition of PayPal as a fiat on-ramp for customers in the European Union and the United Kingdom. This integration aims to simplify and expand access to…