Polymarket Sets Position on Venezuelan Election Bet Outcome
Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who…
Slovenia Launches First Digital Bond in EU Sovereign History
On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale…
Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin
Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in…
HackaTRON Season 7 Launches With Google Cloud as Diamond Sponsor, Celebrates Successful Kickoff at Bitcoin Nashville
PRESS RELEASE. Geneva, Switzerland, July 29, 2024 – TRON DAO, along with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly announces the launch of HackaTRON Season 7, with submissions open until October 23. Following a successful launch…
Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being…
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Dexter of Blocmates explains Avalanche’s…
Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39, are charged with conspiracy to defraud and possession of 5,000…
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina…
US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven…
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter…
Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the…
Interpol Issues Red Notice for ‘Coin Young Master’ Who Threw Cash From Rooftop
Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$6,000 from a rooftop. Wong faces charges of fraud and theft, including…
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to…
Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter…
First Bitcoin Capital-Funded Company Registered in Argentina
A company with cryptocurrency capital has been registered in Argentina, marking the first time this has happened in the country. The company, which was registered with a capital of almost $500 in bitcoin and USDC, follows the enactment of a…
Bitget and Nansen Study Highlights Community Impact on Token Price Predictions
Bitget and Nansen Research teams have released a comprehensive report detailing the significant role community engagement plays in predicting token prices. The collaborative study underscores the importance of combining onchain and off-chain…
US Authorities Split $2 Billion in Bitcoin Into 2 Wallets, Igniting Custody and Sale Speculation
Following the U.S. government’s transfer of $2 billion in bitcoin, Arkham Intelligence reported that the federal agency divided the funds into two separate Bech32 bitcoin addresses: one containing 10,000 BTC and the other holding 19,799.99…
Latam Insights Encore: El Salvador Shows Bitcoin Can Be a Catalyst to Power Tourism
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the positive impact bitcoin adoption had on the growth of the tourism industry in El…
21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto exchange-traded product (ETP) issuer…
US Government Transfers $2 Billion in Bitcoin to Unknown Wallet
According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S…
7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC
Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak…
Ethiopia’s birr plunged 30% against the dollar after the central bank floated the currency as part of reforms aimed at correcting foreign exchange market distortions. The bank also eliminated foreign exchange surrender requirements and lifted…
Wazirx Says ‘Poll Is Not Final’ — Shares Additional Cyberattack Recovery Plan
Indian crypto exchange Wazirx has assured users that the poll conducted to gather input for reopening the platform following the recent major cyberattack is not final and “not legally binding upon the users or Wazirx.” Co-founder…
AI-Powered Meme Coin WienerAI Prepares for DEX Listings With 48 Hours Left in Presale
WienerAI (WAI) is gaining traction as its presale phase wraps up. This quirky new project, which mashes AI tech with meme coin vibes, has got everyone talking. And with less than 48 hours before the presale ends, many early supporters believe…
Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises
Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week…
Ethereum Technical Analysis: ETH Shows Signs of Recovery as Bulls Eye $3,400 Breakout
Ethereum is currently priced at $3,374, with intraday fluctuations ranging from $3,253 to $3,395. Boasting a market capitalization of $407 billion and a 24-hour trade volume of $11.49 billion, ETH demonstrates significant market activity. Ethereum…
Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators…
Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The…
Justin Sun Calls for Restoration of Bitcoin Emoji on X
Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to…
Hong Kong Lawmaker Advocates for Bitcoin Inclusion in Strategic Fiscal Reserves
Hong Kong legislator Wu Jiezhuang has proposed an initiative to consider the inclusion of Bitcoin in the region’s strategic fiscal reserves. This move, aimed at enhancing Hong Kong’s economic framework and accelerating Web3 development…
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