3DOS launches decentralized global 3D-printing service on Sui
[Sep 12, 2024 4:38 PM] The company says it has nearly 80,000 printers spread across 120 countries.
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Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine
[Sep 12, 2024 3:16 PM] Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to…
Grayscale Unveils First XRP Trust In The US, ETF Ahead?
[Sep 12, 2024 2:47 PM] Grayscale, a leading cryptocurrency asset manager, unveiled the first XRP trust in the US, propelling the token’s price by 8% to $0.57 at press time. XRP Trust Announced, Is The XRP ETF Incoming? Digital assets manager Grayscale today…
Hawaii emerging as crypto hub following new crypto regulations
[Sep 12, 2024 2:08 PM] The Aloha state's new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet.
Turkey’s $200 limit on cash payments: What does it mean for crypto?
[Sep 12, 2024 1:17 PM] Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%.
Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud
[Sep 12, 2024 11:20 AM] Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false…
Samson Mow Doubles Down on $1 Million Bitcoin Price Prediction
Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen
[Sep 12, 2024 6:30 AM] Three former servicemen in India have lodged a complaint with the Chandannagar police, Pune, accusing eight officials from a trading firm of defrauding them of over Rs. 79.81 lakh (approximately $96,000) through a cryptocurrency scam since 2022…
Analyst Forecasts Gold Prices to Reach $2,950 as American Investors Escape From AI and Stock Market Bubbles
[Sep 12, 2024 4:30 AM] Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble…
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
[Sep 12, 2024 2:30 AM] India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto…
UK Bill Recognizes Digital Assets as Personal Property Under New Law
[Sep 12, 2024 1:30 AM] The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal…
11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks
[Sep 12, 2024 12:30 AM] A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion. As the fourth-largest cryptocurrency exchange globally, Coinbase…
Analysts Anticipate Altcoin Outperformance and Bullish Q4
Young consumers may be getting bored with blockchain loyalty reward programs
[Sep 11, 2024 9:02 PM] Mini-dApps, microgames, and the burgeoning prediction markets sector appear to be the most popular methods for retaining engagement.
Grayscale Launches SUI Trust for Accredited Investors
[Sep 11, 2024 7:55 PM] On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick…
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data
[Sep 11, 2024 4:09 PM] The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the…
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
[Sep 11, 2024 1:05 PM] The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains…
State Regulator Warns of Crypto Fraud After Investor Loses $750K
[Sep 11, 2024 11:20 AM] The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the investment supposedly…
Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
Bitcoin miner solves block alone, grabs $180,000 reward
[Sep 11, 2024 3:23 AM] A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain.
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
[Sep 11, 2024 2:30 AM] Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and…
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
[Sep 11, 2024 12:30 AM] The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is…
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
[Sep 10, 2024 11:30 PM] House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep…
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
[Sep 10, 2024 10:30 PM] Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These…
Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now
[Sep 10, 2024 10:30 PM] Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on…
Hamster Kombat Announces Exchanges That Will List HMSTR After Airdrop
[Sep 10, 2024 9:36 PM] The team behind Hamster Kombat, one of the most successful Telegram-based games, has released information on the exchanges that are confirmed to list its token after the upcoming airdrop. The team has announced that HMSTER will be available on…
Ramp Network Expands Crypto Services to All 50 US States
[Sep 10, 2024 8:30 PM] Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more…
Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions
[Sep 10, 2024 7:45 PM] Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking all sources of transfers to and from Russia, and bank…