[Jul 5, 2024 10:26 PM] The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S. dollar, for local transactions. If finally approved, the document would establish harsh penalties for infringement…
[Jul 5, 2024 8:30 PM] Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed officials…
[Jul 5, 2024 6:32 PM] A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart…
[Jul 5, 2024 4:35 PM] Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October. According to…
[Jul 5, 2024 10:11 AM] A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including…
[Jul 5, 2024 9:45 AM] Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot…
[Jul 5, 2024 7:15 AM] Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by…
[Jul 5, 2024 5:42 AM] Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a…
[Jul 5, 2024 2:15 AM] Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during…
[Jul 4, 2024 11:33 PM] The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and…
[Jul 4, 2024 10:09 PM] Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been…
[Jul 4, 2024 8:38 PM] Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial…
[Jul 4, 2024 7:58 PM] On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This…
[Jul 4, 2024 7:07 PM] A recent study has found that cryptocurrency ownership is associated with belief in conspiracy theories and “dark” personality traits such as narcissism, Machiavellianism, psychopathy, and sadism (collectively known as the “Dark…
[Jul 4, 2024 2:10 PM] The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the network, impacting several community members. The foundation insisted that prompt actions were implemented to mitigate…
[Jul 4, 2024 8:00 AM] The crypto market is in a state of panic with a market-wide crash that has shaken Bitcoin and altcoins. With the Bitcoin price continuing to fall from support after support, tens of thousands of traders have lost their positions, leading to…
[Jul 4, 2024 7:35 AM] Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source…
[Jul 4, 2024 6:26 AM] Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to…
[Jul 4, 2024 5:20 AM] South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383…
[Jul 3, 2024 10:31 PM] A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto…
[Jul 3, 2024 9:37 PM] Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using…
[Jul 3, 2024 8:36 PM] The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court…
[Jul 3, 2024 7:28 PM] Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira…
[Jul 3, 2024 6:31 PM] The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the…
[Jul 3, 2024 4:11 PM] Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s…
[Jul 3, 2024 2:00 PM] In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin. These…
[Jul 3, 2024 8:10 AM] Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to…
[Jul 3, 2024 7:15 AM] U.S. spot bitcoin exchange-traded funds experienced slight losses on Tuesday, with $13.62 million in outflows recorded. Grayscale’s GBTC was the primary contributor, losing $31.38 million during the trading sessions. Blackrock’s IBIT…
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