Nearly half of crypto copy traders are Gen Z, says Bitget report
Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange.
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‘Is this a Bitcoin ad?’ Joe Biden unknowingly touts BTC in coffee mug video
Crypto enthusiasts have lauded Joe Biden’s latest social media post for its so-called accidental endorsement of Bitcoin.
‘Nuances Exist’ Among BRICS Members Regarding Bloc’s Expansion, Kremlin Admits
The enlargement of BRICS will be “near the top of the agenda” at the organization’s summit in August, the Kremlin Spokesman Dmitry Peskov told media. While recognizing the importance of the topic, Peskov indicated that participants in the meeting…
SEC freezes assets of DEBT Box, alleging $50M node license 'sham'
Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its "node licenses."
Coinbase Looking to Add Lightning Network Support
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this…
Sam Bankman-Fried Faces Jail as DOJ Pushes for Incarceration
FTX founder Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and so he should be "detained pending trial," the U.S. Department of Justice said again in a filing…
Ether ETF applications flood the SEC as ProShares files the 11th
ProShares has filed for an equal-weight Bitcoin and Ether exchange-traded fund, marking the 11th Ether ETF application in less than seven days.
Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan
CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has impressively recovered, adding 22% after sinking to its August 2023 lows this week. When writing on…
ProShares, Bitwise File for Bitcoin and Ether ETFs
If approved, the fund will measure "the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts."
Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally
Russia says that a common BRICS currency is unlikely to be feasible in the near future but the process of de-dollarization of the global economy is inexorably underway. Russian Press Secretary Dmitry Peskov added that many countries, including…
First Mover Asia: Bitcoin Remains Calm Above $29.1 K but Is Higher Volatility in Its Future?
PLUS: A decrease in bitcoin supply active a year ago indicates that long-term holders have reduced their bitcoin exposure. Is hodling starting to wane?
Curve Finance Fights Back With Warning And Unrefusable Offer To Hacker
Curve Finance (CRV) has issued a statement on Etherscan, addressing the hackers responsible for the recent exploit that resulted in the loss of over $60 million from the protocol. In the statement, Curve, Metronome & Alchemix have invited the…
Coinbase to file order seeking dismissal of SEC lawsuit
Paul Grewal said Coinbase will seek to dismiss the SEC’s suit on Aug. 4 which will argue that it never sold securities as the regulator alleged.
Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year.
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and…
Ethereum Price Could Break Above $2,000 If This Happens
Ethereum price is currently still below $2,000 but this could quickly change if some things were to come to pass. Some of the most notable things that have been going on for the cryptocurrency include the multiple exchange-traded funds (ETFs)…
Bitcoin Steady at $29.2K as Market Dormant in Asia Session
The largest cryptocurrency by market cap is likely to remain stubbornly rangebound a little above $29,000, market analysts believe.
New York Man Admits to Billion-Dollar Bitcoin Hack From 2016, Pleads Guilty With Wife to Money Laundering
In an unexpected revelation, Ilya Lichtenstein, 35, confessed to being the original hacker behind the 2016 cyberattack on crypto exchange Bitfinex, a theft that was once worth $4.5 billion. Lichtenstein made the admission while pleading guilty to…
Solana Price Could Surge To $30 Upon Overcoming This Resistance
The Solana price experienced notable gains in mid-June, but a recent correction phase has pulled it down to $22, which has found strong support. The technical outlook currently leans towards the bears, suggesting a potential slight dip before a…
Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack
The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million.
Poll: Majority of Americans See US Economy in Decline
Despite months of increasingly positive economic indicators, a majority of Americans still believe the economy is worsening, according to a new CNN poll. CNN Poll Reveals Majority See Worsening Economy The survey of 1,279 adults found that 51%…
Digital Dollar Project completes CBDC retail remittance pilot with Western Union
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency.
LinksDAO, the Online Community That Bought a Golf Course, Is Accepting New Members
The tiers of membership offer various levels of access to the group's private Discord, network of peer-to-peer private courses and eventual entry to its Spey Bay Golf Club.
CRV Price Recovers From 6-Month Lows, What’s Driving The Price?
Curve Finance’s native token CRV has recovered from a 6-month low, and many believe that the news of Huobi co-founder Jun Du buying CRV tokens has contributed to it. Jun Du bought 10 million tokens valued at $4 million from Micheal Egorov, founder…
‘Computer language that anyone can read’ launches Aeternity compiler
Lexon now features a compiler that allows users to translate code from it to Solidity, Sophia or JavaScript.
Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when…
Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
The company beat estimates while non-trading revenue beat trading revenue.
Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls
The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell.
Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory?
Polygon Zero accuses Matter Labs’ developers of plagiarism
Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution.