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Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ‘No Evidence of Compromise’

Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 million. “Our preliminary investigation reveals…

Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M

With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $48 million at current exchange rates. Vintage Bitcoin Wallet From 2013…

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy…

Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth

The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by…

Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments

The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs…

Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser

Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to…

Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email

Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail…

Robert Kiyosaki vs Peter Schiff: Conflicting Predictions on Gold, Bitcoin, and US Dollar

Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of gold, silver, bitcoin, and the U.S. economy if Donald Trump is re-elected. Kiyosaki claims asset prices will rise as…

Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says

Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonymous individuals with…

Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs

On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves…

Harris vs. Trump: Polls Show Tight Race as Betting and Prediction Markets Favor Trump

After Kamala Harris announced her candidacy for the U.S. presidency in the 2024 election, recent polls show she is performing competitively against Donald Trump in hypothetical matchups. However, betting markets suggest Trump is favored to win…

Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center

Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT) and an amended connection…

Extremely Low Odds on Polymarket for Kamala Harris’s Bitcoin 2024 Attendance

Rumors about U.S. Vice President Kamala Harris possibly attending the Bitcoin 2024 conference in Nashville have garnered substantial attention. Alongside the speculation, a Polymarket bet estimates Harris’s odds of attending at roughly 8%…

Wazirx Prepares Poll for User Input on Resuming Withdrawals and Trading

Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx…