51 / 321 Relevant items tagged with #CRYPTO
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Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.
[Aug 31 2:30 AM] Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in…
Bitso Report Shows Argentines Leading Stablecoin Adoption in Latam
[Aug 30 10:10 PM] A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurrency purchases in Argentina…
Analysts Say Now Is the Time to Re-Accumulate Bitcoin—Here’s Why
[Aug 30 9:30 PM] Bitcoin (BTC), after briefly reclaiming the $61,000 price mark yesterday has now fallen below it continuing its bearishness as of today. Amid this negative price action, the asset’s hash price, a key metric reflecting miners’…
Cosmos (ATOM) On Downward Spiral With 23% Losses As Market FUD Worsens
[Aug 30 8:00 PM] The market has been seen to further dip as major cryptocurrencies continue to fall towards their most recent support levels. This only amplified the losses of the altcoin market to bring tokens like Cosmos (ATOM) down to the ground. According to…
Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined
[Aug 30 7:01 PM] Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors.
First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange
[Aug 30 2:10 PM] On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator…
Market Slip Drags Injective Down 16% Despite Ongoing Developments
[Aug 30 11:00 AM] With the market resuming its bearishness today, August 30th, Injective continues to slip and slide. According to CoinGecko, INJ took a nose dive by 16% which slashed any hopes of a short-term recovery. Although the token’s performance leaves much…
Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange
[Aug 30 9:30 AM] The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000…
Crypto Liquidation Data Rigged By Exchanges? Researcher Unveils The Truth
[Aug 30 9:30 AM] Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit…
Former Square, Coinbase execs raise $58M for Bridge stablecoin network
[Aug 30 9:21 AM] Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards.
Russia Is About to Try Using Crypto to Get Around Sanctions
[Aug 30 7:20 AM] Russia will begin trialing cross-border crypto payments next week to try to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk.
JPMorgan Executive Sees Big Future for India’s CBDC Initiative
[Aug 30 6:30 AM] Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in India, particularly after the 2022 launch of the central bank digital currency (CBDC), the…
Hedera (HBAR) Q2 Update: Market Cap Climbs, Daily Transactions Boom, Revenue Follows
[Aug 30 6:00 AM] Hedera (HBAR) emerged as a standout performer in the second quarter (Q2) of the year, reversing the downward trend faced by many projects. The latest report from research firm Messari highlights Hedera’s progress across key financial…
Economist Steve Hanke: Research Finds Crypto Owners Are Psychopaths
Double Jump.Tokyo Raises Over $10 Million From SBI and Sony Group
[Aug 30 4:30 AM] Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue…
India’s Central Bank Governor Discusses CBDC Progress and International Strategy
[Aug 30 3:30 AM] The Reserve Bank of India (RBI) is actively exploring the potential of central bank digital currency (CBDC) on an international scale, according to Governor Shaktikanta Das at the Global Fintech Fest. The RBI is focusing on enhancing CBDC’s…
Crypto ATMs surge 17X in Australia amid concerns over use by bad actors
[Aug 30 2:50 AM] The number of new crypto ATMs in Australia has surged 17 times over the past two years, but TRM Labs has warned about their use in scams, fraud, and crime.
Crypto Firm’s CEO Stabbed in Court During Fraud Trial in Seoul
[Aug 30 2:30 AM] The CEO of cryptocurrency deposit service Haru Invest was stabbed in the neck during his fraud trial in Seoul. The attack occurred in the courtroom, carried out by a man in his 50s. Lee survived the attack with non-life-threatening injuries and was…
Durov Unaware of French Arrest Warrant — Macron Denies Knowledge of Durov’s Visit
[Aug 30 1:30 AM] Telegram CEO Pavel Durov was reportedly unaware of an arrest warrant issued against him in France, according to a source from the Paris prosecutor’s office. The French investigation was not linked to any U.S. actions. Neither President…
Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds
[Aug 30 12:30 AM] The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external…
Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year
[Aug 30 12:30 AM] As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a…
Bitcoin’s Momentum at Risk? NVT Golden Cross Sends Warning Signals
[Aug 29 11:00 PM] Bitcoin price action despite being wobbly in the past days, is still being discussed by analysts. Earlier today, a CryptoQuant analyst turned the spotlight to the Bitcoin’s NVT Golden Cross, a metric that has been known to signal potential…
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
[Aug 29 10:30 PM] A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible…
Hamster Kombat Finally Announces Airdrop Event Date After Several Delays
[Aug 29 8:30 PM] Hamster Kombat, the TON-based tap-to-earn game, has announced the date for its token generation event (TGE) and the subsequent airdrop. The team revealed that the expected event will occur on September 26th, despite reports of the project facing…
XRP Gains Ground: 20% Of Institutional Investors Embrace The Crypto
[Aug 29 5:00 PM] Institutional investors are gradually giving more attention to XRP. The digital asset is marking its place next to Bitcoin and Ethereum. According to a recent survey by EY-Parthenon, more than 20% of the world’s institutional decision-makers…
Trump Set to Share Bold Vision: Turning the US Into the ‘Crypto Capital of the Planet’
Trump's 4th NFT collection sees $2.2M in sales
[Aug 29 12:58 PM] Donald Trump’s latest NFT collection sparked criticism, with some describing the former president’s crypto push as a “grift.”
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
[Aug 29 11:03 AM] Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
[Aug 29 10:48 AM] Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.