Crypto Exchange Bybit Withdraws From France in Response to Regulations
It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post.
Posts published on August 2, 2024 go to media archive 3/4
Whale Transfers $4.2 Million PEPE To Binance – Selling Pressure Ahead?
Recently, a massive transaction shook the digital currency ecosystem. A prominent whale transferred 400 billion PEPE tokens—worth about $4.22 million—to Binance. Strategically timed among the general negative market mood, this move seems to be a…
Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a…
Bitcoin traders warn of tough Q3 as Nikkei echoes ‘Black Monday’ 1987
Bitcoin faces traditionally challenging months, while Japan sees stock sell-off unmatched in nearly 40 years.
Unpacking the crypto rollercoaster with Cryptomania author Andrew Chow
In this episode of Decentralized with Cointelegraph, we explore the origins, hype and future of the crypto space, with TIME magazine journalist Andrew Chow, ahead of his new book 'Cryptomania.’
Retail Investors Can Now Invest in Bitcoin Startups with Thunder Funder
Lightning Ventures, a VC firm in the Bitcoin space, launched Thunder Funder, a Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in Bitcoin and open-source…
First Mover Americas: BTC Warnings Finger Drop to $55K
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Kujira Foundation's Tokens Stung by Its Own Leveraged Positions as Bets Backfire
The developers said the team’s positions were “targeted” and they plan to create an operational DAO to take ownership of the Kujira Treasury and core protocols.
FBI issues warning about scammers impersonating crypto exchanges
The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam.
Worldcoin spreads across Europe with Austria digital ID launch
Worldcoin expands its digital ID verification technology to Austria, offering residents in Vienna access to the World ID system with multiple locations throughout the city.
Ditobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities
Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100 pesos) worth of Ckbtc, the so-called bitcoin…
Bitcoin network difficulty breaks 3-month downtrend to mark new ATH
Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high.
UBXS Token Launches Home Tokenization in Dubai, Confirming BlackRock’s Insights in the RWA Sector and Trump’s Positive Outlook on Crypto
PRESS RELEASE. Innovative crypto project UBXS Token is proud to announce a new home tokenization project in Dubai. This initiative aims to make real estate investments more accessible through the opportunities offered by blockchain technology. UBXS…
Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5
Polygon (MATIC) recently broke below the crucial support level at $0.5 and is at risk of further price declines. This price drop is thanks to several traders who offloaded their tokens as soon as Polygon reached this support level amid the…
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe.
Global Liquidity Hits All Time High, Bitcoin To Follow?
According to data from Bitcoin Magazine Pro, the global money supply, also known as global liquidity, has hit an all-time high of $95 trillion; Bitcoin investors and analysts closely watch this key indicator, as higher liquidity has historically…
Kujira proposes DAO to tackle liquidity, security issues
Facing liquidity challenges and security exploits, Kujira plans to establish an Operational DAO to stabilize its ecosystem.
Kamala Harris Can't Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could "make a difference in key battleground states," OMFIF wrote.
Is Ethereum price about to go under $3K?
The Ether price has declined 10% since the approval of spot Ether ETFs, with open interest depreciating by over $250 million over the past 24 hours.
Polymarket $3.8 Million Venezuelan Presidential Election Bet Still Undecided
Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE)…
GRT Market Signals 12% Drop: Is A Turnaround Possible?
GRT’s current situation mirrors the bearishness the broader market is experiencing. Today, the total market cap shows a percentage slip, due to the major cryptocurrencies returning to levels that investors can sustain. On the altcoin side, GRT is…
ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange's Earnings Report
Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus.
Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."
Suno defends AI training with copyrighted music amid RIAA lawsuit
The outcome of the case could set a precedent, not just for Suno and Udio but for the broader AI and music industries.
Bahamas Enacts Digital Assets and Registered Exchanges Act
The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing…
Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate
Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April.
Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year
Long-term holders are motivated to hold at bitcoin's going market rate, implying an attractive risk-reward for existing or potential investors, according to the "reserve risk" indicator.