DraftKings Dumps NFT Business, Citing Legal Developments
[Jul 30 3:52 PM] The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
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BitClout Founder Charged With Wire Fraud, Civil Securities Charge
[Jul 30 3:35 PM] The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities.
Bybit Launches Digital Rupee for Secure INR Payments
[Jul 30 3:21 PM] The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch…
Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions
[Jul 30 3:15 PM] In a significant legislative move, Russian lawmakers have passed a bill permitting businesses to use Bitcoin and other cryptocurrencies in international trade, according to a report by Retuers. This development is part of Russia's strategy to…
Move Language Developer Movement Labs Joins AggLayer
[Jul 30 3:00 PM] The collaboration will enable unified liquidity across MoveVM-based layer-2 blockchains.
Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources
[Jul 30 1:44 PM] The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.
Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
[Jul 30 1:00 PM] Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system.
Polychain, Lightspeed Lead $7M Fundraise for Math Olympian's Blockchain-Based AI Platform
[Jul 30 1:00 PM] Hyperbolic's blockchain-based cloud platform aims to make AI affordable to startups, researchers and builders squeezed by surging GPU prices.
Router Launches Mainnet, as More Projects 'Abstract' Away Blockchains
[Jul 30 1:00 PM] Router Chain is supposed to reduce the complexities of cross-chain interactions and make the development of dapps easier to use.
First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms
[Jul 30 12:06 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bank of England to Carry Out CBDC, Digital Ledger Experiments
[Jul 30 10:58 AM] In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.
Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin
[Jul 30 10:30 AM] Senator Cynthia Lummis (R-WY) has announced plans to introduce legislation directing the U.S. government to accumulate 1 million Bitcoin, which would be worth over $68 billion at current prices.Speaking at the Bitcoin 2024 conference in Nashville…
Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies
[Jul 30 9:12 AM] Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.
COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound
[Jul 30 8:48 AM] A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed.
Dogecoin Pup Owner’s New Shiba Inu Ends Up in NEIRO Memecoin Drama
[Jul 30 8:35 AM] A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup - despite her officially distancing from all such tokens.
Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin
[Jul 30 8:30 AM] Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in…
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case
[Jul 30 7:35 AM] The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning.
Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses
[Jul 30 7:00 AM] “It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
[Jul 30 4:45 AM] A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina…
Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years
[Jul 30 2:30 AM] Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the…
Interpol Issues Red Notice for ‘Coin Young Master’ Who Threw Cash From Rooftop
US Authorities Split $2 Billion in Bitcoin Into 2 Wallets, Igniting Custody and Sale Speculation
[Jul 29 8:46 PM] Following the U.S. government’s transfer of $2 billion in bitcoin, Arkham Intelligence reported that the federal agency divided the funds into two separate Bech32 bitcoin addresses: one containing 10,000 BTC and the other holding 19,799.99…
Ether ETFs Saw $340M of Negative Outflows in Their First Week
[Jul 29 8:02 PM] More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.
US Government Transfers $2 Billion in Bitcoin to Unknown Wallet
[Jul 29 6:03 PM] According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S…
7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC
[Jul 29 5:27 PM] Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak…
Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of 'Silk Road' Tokens
[Jul 29 5:11 PM] The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence.
One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
[Jul 29 4:03 PM] With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release.
Bitcoin Pulls Back Sharply After Touching $70K
[Jul 29 4:03 PM] In what has been a familiar pattern over the past months, a rally to a key number was met with a wave selling.
Polymarket Whales Favor Trump as Election Betting Surges Past $400M
[Jul 29 2:17 PM] Traders also are skeptical about China 'unbanning' bitcoin
CoinDesk 20 Performance Update: BCH's 21% Surge Leads Index Gain
[Jul 29 1:45 PM] Bitcoin Cash and Litecoin lead the charge as the CoinDesk 20 Index climbs 3.0% since Friday's close.