Binance under scrutiny for seizing Palestinian crypto funds
Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted.
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The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires, according to a report by New World Wealth and Henley & Partners.
CoinDCX’s Okto wallet secures operational license in UAE free zone
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
French Court Extends Telegram CEO Pavel Durov’s Police Custody
French prosecutors have announced that an investigative judge extended the police custody of Pavel Durov, CEO of Telegram, on Monday evening for up to 48 hours. After that, French authorities must either release or charge him. Durov was detained on…
Bitcoin Miners Are in M&A Mode: Architect Partners
The effect of miner concentration is yet to be seen, the note said.
First Mover Americas: Bitcoin Drops as Traders Take Profits
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
Expert Explains Why Bitcoin Price Could Explode To $1 Million This Cycle
In the latest episode of the What Bitcoin Did Podcast, hosted by Peter McCormack, Jack Mallers, CEO of Strike, made a stunning prediction for the Bitcoin price. Mallers speculated that BTC could reach a valuation between $250,000 to $1 million in…
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of…
BTC price warning: Binance 'wants blood' amid sub-$60K Bitcoin target
BTC price weakness is number one of the radar for Bitcoin traders once again after bulls fail to overcome $65,000.
Telegram CEO's Arrest Is Unlikely to Be the Last: Galaxy
Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said.
Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital
The fund, set for launch in September, will be available to corporates, businesses and professional investors
DeepLink Protocol’s Strategic Vision: Redefining the Future of Cloud Gaming
The cloud gaming sector is undergoing a transformative evolution, reshaping how players interact with games. By eliminating the need for expensive hardware and local installations, cloud gaming is emerging as the industry’s new frontier…
Telegram Under Scrutiny in India, but Ban Not Imminent: Reports
Telegram, perhaps the most prominent messaging service used by the cryptocurrency ecosystem, is under scrutiny in India but not in immediate danger of a ban, multiple reports have indicated. Indian authorities have asked the investigators for an…
Jailed Binance Exec's Nigeria Case to Be Heard a Month Early
The trial was expected to resume on Oct. 11 but is now set to resume next week after defence lawyers requested that the case be heard sooner.
Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
Bitcoin could be at the precipice of another parabolic rise, which may lead to a price target of $260,000 by the end of 2024.
Rise of Telegram Mini Apps: How it started, and how it’s going
The Web3 engine of TON gives Telegram’s Mini Apps a competitive advantage, opening up new monetization tools, according to the TON Foundation ecosystem lead.
Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings
Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.
Dogecoin: Will History Repeat Itself? What This 3-Year Pattern Means
One of the favorite meme coins has again been in the headlines. Recent price action suggests that Dogecoin might probably be bottoming as it sets itself in for what could turn out to be a big bull run. This has market observers looking toward some…
AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence.
BlackRock's Bitcoin ETF Saw Highest Inflow in Over a Month
On Monday, BlackRock's spot Bitcoin exchange-traded fund (ETF) saw its largest single-day inflow in over 35 days. The iShares Bitcoin Trust (IBIT) took in $224 million in net inflows.NEW: 
While others are selling, BlackRock’s #Bitcoin ETF saw
While others are selling, BlackRock’s #Bitcoin ETF saw
Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty…
Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost
Bitcoin (BTC) slid under the $63,000 mark early Tuesday as profit-taking from a weekend rally extended into a second-day, bringing down the broader crypto market.
Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase
The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills.
Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said.
Telegram Faces Indian Probe Following Durov’s Arrest In France: TON Plummets 20%
The Indian government has launched an investigation into the social media platform Telegram over concerns that it is being used for criminal activities such as extortion and gambling. The probe follows the arrest of the app’s CEO Pavel Durov…
New Zealand introduces OECD crypto reporting framework in new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report.