Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key…
Election Fever Pushes Polymarket to $533M in September, Setting New Records
Polymarket hit new milestones in September, with trading volume climbing to $533.51 million, exceeding August’s $472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior…
Will This New Gaming Token Explode Like Notcoin and Hamster Kombat? Memebet Presale Hits New Milestone
There’s always a new project grabbing attention in the crypto gaming space. And right now, Memebet (MEMEBET) is in the spotlight. Combining meme culture with online betting, this token is making some big noise. With its presale heating up…
MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC
MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week…
Viral Telegram Game Dogizen Set to Launch First Telegram ICO This Friday
Dogizen, the viral Telegram game that’s amassed 1 million users on Telegram, launches its presale this Friday—the first-ever Telegram ICO. The presale meets huge anticipation based on the success of other Telegram gaming tokens like Catizen’s CATI
Spot Bitcoin ETFs Suffer $91.76M Loss as Ethereum ETFs Rebound
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin…
COPA, Unified Patents Partner to Fight Crypto Patent Trolls
The Cryptocurrency Open Patent Alliance has partnered with Unified Patents to launch Blockchain Zone, an initiative aimed at combating patent trolls in the crypto industry. The partnership seeks to protect blockchain and related technologies from…
‘Deep Chainsaw’ Advances: Milei to Eliminate National Coin House
The Administration of Javier Milei has revealed that the Argentine Coin House, the equivalent of the U.S. Bureau of Engraving and Printing, will be closed as part of the ‘deep chainsaw’ cost reduction plan. The announcement was made by…
Study: Nearly Half of US Voters Value Pro-Crypto Stance, Trump Seen as Savvier
A Consensys and Harrisx study found that nearly half of U.S. voters support pro-crypto policies and are willing to cross party lines for pro-crypto candidates. The study revealed that 85% of respondents want presidential candidates to take a…
Mastercard Partners With Amazon to Digitize Payment Acceptance
Mastercard and Amazon Payment Services have partnered to digitize payment acceptance in the Middle East and Africa. Under the partnership, Amazon will adopt Mastercard’s single touchpoint for payment processing across 40 markets, enabling…
Bitcoin.com Launches USDC Staking Rewards, Powered by Kiln DeFi
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched USDC staking rewards in the self-custody Bitcoin.com Wallet app and on Bitcoin.com’s decentralized exchange Verse DEX. USDC staking rewards are a pivotal step in…
The Top 5 Crypto Sectors Driving the Market in October 2024
As October 2024 kicked off, the crypto market has remained steady despite a widespread dip on Tuesday. Since January, there’s been an interesting uptick in specific crypto themes, with artificial intelligence (AI) tokens, bridge cryptocurrencies…
Binance Secures 20th Global Milestone With Argentina Crypto Registration
Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to…
Ripple, a digital asset infrastructure provider, has received approval to expand its operations in Dubai. The Dubai Financial Services Authority (DFSA) granted Ripple “in-principle approval” to offer its services from the Dubai…
Proposed over two years ago, the law recognizes cryptocurrency as virtual assets in the country, establishing the Central Bank of Uruguay as the regulator and overseer of companies seeking to offer cryptocurrency services. The law positions Uruguay…
Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill
Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like…
Taiwan’s Regulator Allows Professional Investors to Access Digital Asset ETFs
Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to boost local…
India Cracks Down on $48M Crypto Fraud in Fiewin Gaming App With Binance Help
India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has been frozen in accounts…
Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities
Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses…
Vivek Ramaswamy Calls to End Federal Bureaucracy: ‘We Have Too Many Laws’
Vivek Ramaswamy has voiced strong criticism against the federal bureaucracy, emphasizing that unelected officials are behind most laws, not Congress. He called for bipartisan efforts to dismantle the regulatory state. Ramaswamy emphasized that…
SEC Appeals Ripple Case, Citing Errors in Final Judgment
The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues…
Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP…
Kresus Partners With Christie’s for Blockchain-Based Art Ownership Authentication
Kresus, a crypto wallet service, has partnered with the international art and luxury market provider Christie’s to offer blockchain-based certificates of ownership for an upcoming photography auction. The collaboration marks a new approach to…
SEC’s Enforcement Chief Steps Down After Leading Over 100 Crypto Enforcement Actions
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, will leave the agency next week. During his tenure, he led several high-profile enforcement actions, particularly in the crypto sector…
New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode
In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum…
Boerse Stuttgart Group Blockchain Experiment Cuts Settlement Time to Minutes
Boerse Stuttgart Group (BSG) successfully tested blockchain-based securities settlement, reducing transaction time from two days to minutes. The tests, part of the European Central Bank’s (ECB) explorations, demonstrated significant progress…
5 Best Crypto to Buy Now As Prices Crash: Under the Radar Coins Like Pepe Unchained
The current market downturn has prompted many investors to sell and exit their positions. However, experienced traders recognize that such downturns are temporary and may present an opportunity for buying. This branded spotlight story highlights…
‘Thousands’ Flock to World Liberty Financial Whitelist Following Trump’s Announcement
After former President Donald Trump revealed World Liberty Financial’s (WLF) whitelist signup, WLF’s X account shared that “thousands of people have joined” since the announcement. However, the excitement has been dampened by an influx of fake WLF
Darkfi Unveils ‘World’s Strongest Anonymous Chat’ in Latest IRC Release
On Oct. 2, 2024, Darkfi, a project led by former Bitcoin developer Amir Taaki and a group of privacy advocates, revealed the launch of an unstable version of its internet relay chat (IRC) text-based communication protocol, proudly calling it “the…
Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in Losses
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. Fidelity and Grayscale…
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