57 / 237 Relevant items tagged with #cryptocurrency
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Opentensor Foundation Addresses Bittensor Security Breach
[Jul 4 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…
Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter
[Jul 4 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…
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
[Jul 4 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…
Tangem introduces Visa-integrated crypto wallet for secure payments
[Jul 4 7:27 AM] Self-custodial crypto wallet provider Tangem has developed a new wallet integrating direct payments through Visa.
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
[Jul 4 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…
South Africa Approves 63 Crypto Asset Service Provider License Applications
[Jul 4 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…
Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty
[Jul 3 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…
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
[Jul 3 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…
CFTC Wins Case Against Crypto Fund Operators
[Jul 3 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…
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
[Jul 3 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…
EU–US Financial Forum Highlights Cooperation on Crypto Regulation
[Jul 3 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…
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
Kamala Horris (KAMA) Surges 1600% Amid Speculation Of Biden Exiting Presidential Race
[Jul 3 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…
Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition
[Jul 3 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…
US Bitcoin ETFs Record Modest Losses With $13.62M Outflows on Tuesday
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
[Jul 3 5:53 AM] Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and the market capitalization is currently at $1.18 trillion…
Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US
[Jul 3 12:17 AM] Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel…
Bahamas to Mandate Banks to Distribute Central Bank Digital Currency
[Jul 2 10:29 PM] The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle…
Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin
[Jul 2 9:39 PM] Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called…
Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe
[Jul 2 7:33 PM] Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users to access 10 leading crypto…
SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions
[Jul 2 6:36 PM] The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate Capital Corp., the holding company for Silvergate…
Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August
[Jul 2 5:16 PM] Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining…
DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service
Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
[Jul 2 2:40 PM] The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to…
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
[Jul 2 1:35 PM] Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a…
Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning
[Jul 2 11:32 AM] Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the opportunity for cryptocurrency in Bolivia after the central bank unbanned it from…
Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment
[Jul 2 10:34 AM] Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago…
Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services
[Jul 2 9:34 AM] Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins…
US Spot Bitcoin ETFs Record $129 Million Inflow, Fidelity Leads
[Jul 2 6:32 AM] U.S. spot bitcoin exchange-traded funds (ETFs) saw the largest net inflow since June 7, 2024, accumulating $129.45 million. Fidelity’s FBTC led the inflow on Monday with $65.03 million. Fifth Consecutive Day of Inflows for U.S. Bitcoin ETFs…