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US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory
[Sep 1, 2024 7:30 PM] With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown…
Block Scholes and Bybit Report Highlights Stability in Crypto Derivatives
[Aug 31, 2024 7:31 PM] A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence. The report provides insights into futures, options, and perpetual contracts, emphasizing the sector’s ability to…
Top TON Coins Face Turbulent Week Amid Durov Arrest and Network Disruptions
[Aug 31, 2024 12:40 PM] Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant outages on the blockchain…
Washington Man Faces Charges in $64 Million Crypto Laundering Scheme
[Aug 31, 2024 11:30 AM] A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or…
Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange
[Aug 30, 2024 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…
Parafi Capital Secures $120 Million for Investing in Crypto Funds
[Aug 30, 2024 8:30 AM] The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi…
Economist Steve Hanke: Research Finds Crypto Owners Are Psychopaths
Crypto Firm’s CEO Stabbed in Court During Fraud Trial in Seoul
[Aug 30, 2024 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…
Russia Warns France Against Political Moves in Telegram CEO Pavel Durov Case
Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million
[Aug 29, 2024 5:30 PM] A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley &…
Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions
[Aug 29, 2024 11:20 AM] The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will…
Coinbase Shares Tips to Protect From Crypto Scams
Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’
[Aug 29, 2024 12:30 AM] Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading…
Outrage Grows Over Macron’s Alleged Dinner Invite Luring Durov to France on Arrest Day
[Aug 28, 2024 11:30 PM] Telegram founder Pavel Durov was reportedly scheduled to dine with French President Emmanuel Macron on the day he was arrested, sparking controversy. French authorities detained Durov, and reports indicate that he had informed them about the…
Coinbase CEO Brian Armstrong Predicts Payments Will Be Crypto’s Next Big Boom
[Aug 28, 2024 2:30 AM] Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead…
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
[Aug 28, 2024 1:30 AM] Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending…
UAE Requests France to Provide Immediate Consular Support for Telegram CEO Pavel Durov
[Aug 27, 2024 11:30 PM] The United Arab Emirates (UAE) has requested consular services for Telegram CEO Pavel Durov following his arrest in Paris for alleged cybercrimes. France is investigating Durov for enabling illegal activities through Telegram. Russia has similarly…
Bitcoin’s Rough September Price History Raises Questions for 2024
[Aug 27, 2024 5:10 PM] As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years…
Former Russian PM: BRICS Not Ready for Common Currency
[Aug 27, 2024 3:30 AM] Sergey Stepashin, Russia’s former prime minister, explained that it’s premature to discuss a common BRICS currency, emphasizing the importance of increasing payments in national currencies instead. He cited challenges in creating a common…
Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth
[Aug 27, 2024 2:30 AM] Semler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to 1,012 BTC. The company expressed optimism about the increasing institutional adoption of bitcoin, emphasizing: “We believe this increasing…
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
[Aug 27, 2024 12:30 AM] The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the…
Russia Seeks Clarification From France on Telegram CEO Pavel Durov’s Arrest
[Aug 26, 2024 11:30 PM] The Russian Foreign Ministry has disclosed that its embassy in France has sought clarification on the detention of Telegram CEO Pavel Durov. The embassy stated that it aims to protect his rights, but France has been uncooperative. Durov’s arrest…
Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024
[Aug 26, 2024 3:35 PM] In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its…
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
[Aug 26, 2024 8:30 AM] Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance…
TON Community Backs Telegram Founder Durov — Reaffirms Commitment to Decentralization
[Aug 25, 2024 11:30 PM] The TON community has reaffirmed its commitment to freedom of speech and decentralization, showing strong support for Telegram founder Pavel Durov following his arrest in France. The community emphasized Durov’s dedication to an open internet…
Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher
Zuckerberg, Spotify Founder Advocate for Open-Source AI in Europe
[Aug 25, 2024 9:30 AM] Mark Zuckerberg and Daniel Ek advocate for open-source AI in Europe. The two tech leaders believe that open-source AI can drive innovation and give Europe a competitive edge. However, they warn that fragmented regulations and uneven enforcement are…
DMM Group and Progmat Collaborate to Create a Regulated Stablecoin
[Aug 25, 2024 6:30 AM] Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and…
Telegram CEO Pavel Durov Arrested in France: TON Price Plummets
[Aug 24, 2024 9:46 PM] Pavel Durov, founder and CEO of Telegram, has reportedly been arrested at Le Bourget airport in France under a search warrant issued by the French judicial police. The arrest follows accusations that Telegram facilitates crimes like drug…