Nigeria Blocks Jailed Binance Executive Tigran Gambaryan’s Legal Team
Jailed Binance employee and an American citizen, Tigran Gambaryan, is reportedly experiencing severe health issues. Since a Nigerian court adjourned his hearing to October 11, his detention conditions have worsened, and his legal team has been…
Pro-Crypto Fairshake PAC Funds Democrats in Key Senate Races
A pro-cryptocurrency political group, Fairshake PAC, has invested millions in supporting Democratic Senate candidates in Michigan and Arizona against former President Donald Trump-endorsed Republicans, causing tension within the GOP. Fairshake PAC…
China-Russia International Trade Payments Situation Worsens: Crypto and Barter Rise as Alternatives
Chinese regional banks, which were once used as bridges to process payments from Russia to China, have begun rejecting these payments for fear of secondary sanctions. To facilitate these transactions, cryptocurrency and even barter schemes have…
Vanguard’s New CEO Reaffirms No Crypto ETFs in Future Strategy
Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock…
In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor…
Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as restakable assets, enhancing the crypto economic…
Dydx Introduces Major Chain Upgrade With New Features
Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its…
Declarative Blockchain Developer Essential Secures $11M Series A Round
Essential has successfully secured $11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM, and…
Coinshares Weighs Trump and Harris’ Impact on Bitcoin Ahead of 2024 Election
In a recent report, Coinshares and author Max Shannon examine the potential impact of the 2024 U.S. presidential election on bitcoin, with a focus on the policies and positions of former President Donald Trump and current Vice President Kamala…
Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East
Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in…
Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms
Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment…
Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime
A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained…
Blackrock’s Bitcoin and Ethereum Funds Dominate Tuesday’s ETF Inflows
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momentum continued for spot…
Exodus Expands Wallet Capabilities With Blockchain.com On-Ramp Integration
Exodus Movement, Inc. has announced a new partnership with Blockchain.com to integrate Passkeys Wallet with Blockchain.com’s fiat on-ramp services. The integration aims to streamline the process of creating and funding cryptocurrency…
Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in Europe
Metamask has teamed up with Mastercard and Baanx to launch a debit card that lets users spend their crypto assets directly from their self-custody wallets. Consensys, the firm behind the project, views this new card as a pivotal step in weaving…
Crypto-All Stars Kicks Off Presale, Launches Innovative Staking Feature for Top Meme Coins
A new meme coin presale has just begun – and it’s already going viral. Crypto All-Stars (STARS) launched its presale four days ago, and everyone’s buzzing about the clever “MemeVault” feature. With enormous…
Wazirx Moves Funds to New Wallets After $230M Crypto Theft
Indian crypto exchange Wazirx is in the process of migrating the remaining assets from custodian Liminal to new multisig wallets following a security breach that resulted in the theft of over $230 million. Wazirx claims that while its own systems…
CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME…
$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements
Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity came from 17 distinct wallets, all originating in 2017, making this the…
7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors
Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency…
Crypto.com Becomes Global Cryptocurrency Partner of UEFA Champions League in Multi-Year Deal
Crypto.com and UEFA have announced a multi-year partnership, making Crypto.com the first and exclusive global cryptocurrency platform partner of the UEFA Champions League. This collaboration aims to enhance fan engagement by integrating…
Police Warn of Bitcoin Scammers Posing as Bank Representatives
The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised…
Bitcoin Scam Targets US County Residents With Fake Warrants
A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant…
Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger
SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming…
$2.3 Billion in Dollar, Euro Bills Shipped to Russia Despite Ban
Despite Western restrictions imposed after Russia invaded Ukraine, billions of dollars and euros in banknotes have flowed into the country. This suggests that Russia has found ways to circumvent these restrictions. Despite official efforts to…
BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert
The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble…
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto…
Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline
Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of…
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among…
Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M
Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has…
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