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Blackrock’s Bitcoin ETF Wallets Hold Over $20,000 in Runes Tokens, Arkham Data Shows
‘Epic Satoshi’ From Bitcoin’s 4th Halving Fetches Over $2.13 Million at Coinex Auction
SEC Anticipated To Reject Spot Ethereum ETFs In Upcoming Decision, ETH Price Takes 5% Hit
[Apr 25, 2024 9:00 AM] Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop. This drop comes amid growing speculation that the highly anticipated Ethereum ETFs will likely be…
Marketplaces See Surge in Runes-Based DOG Token Trading, Market Cap Now at $319M
[Apr 25, 2024 8:15 AM] On Thursday, the newly launched Runes protocol token named “DOG•GO•TO•THE•MOON” climbed to the pinnacle of Runes-based tokens in trade volume across non-fungible token (NFT) marketplaces, including Okx’s NFT market and Magic Eden. In 24
Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
[Apr 25, 2024 7:43 AM] According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on…
Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event
[Apr 25, 2024 6:36 AM] Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of…
Why Is The Crypto Market Down Today? Key Reasons Explained
[Apr 25, 2024 6:30 AM] The crypto market is in the red today, with a majority of the top-100 cryptocurrencies reflecting losses over the last 24 hours. Notably, only six altcoins, including two stablecoins, have managed to maintain a positive performance amidst a broader…
Bitget Cites High Adoption Rates in MENA Following 1,400% Surge in Region’s Active Users
[Apr 25, 2024 5:22 AM] Between November 2023 and April 10, the number of active cryptocurrency users from the Middle East and North Africa using the Bitget platform grew by more than 1,400%. Bitget’s strong performance in the Middle East and North Africa is attributed to…
Australian, Indonesian Tax Bodies Sign Agreement to Share Crypto Information
[Apr 25, 2024 2:33 AM] The tax authorities of Australia and Indonesia have signed a memorandum of understanding to share information on cryptocurrency. Under this agreement, both entities will exchange data on crypto assets and share knowledge to ensure adherence to tax…
SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs
[Apr 24, 2024 11:38 PM] The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and…
Edward Snowden Defends Crypto Privacy, Criticizes DOJ for Samourai Wallet Arrests
[Apr 24, 2024 10:09 PM] Edward Snowden criticized the U.S. Department of Justice (DOJ) for targeting app developers aimed at restoring financial privacy, responding to the arrest of the founders and CEO of cryptocurrency mixing service Samourai Wallet on charges related…
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
[Apr 24, 2024 9:31 PM] According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew…
BlackRock’s Tokenized Fund News Sends Hedera (HBAR) Soaring 100%, The Reason May Surprise You
[Apr 24, 2024 8:00 PM] In a surprising turn of events, the native token of the decentralized ledger platform Hedera, HBAR, experienced a significant price surge of over 100% during the early hours of Tuesday. Starting from a low of $0.0875, HBAR skyrocketed to reach the…
Block Unveils Bitcoin Conversion Feature for Square Merchants
[Apr 24, 2024 7:35 PM] On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have…
OP_CAT Proposal Assigned BIP-347, Aims to Enhance Bitcoin With Ethereum-Style Smart Contracts
[Apr 24, 2024 6:20 PM] OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed software…
Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets
Bitwise CIO Unveils 5 Major Forecasts For Bitcoin 2028 Halving, Anticipates A 280% Price Surge
[Apr 24, 2024 5:00 PM] Bitwise Chief Information Officer (CIO) Matt Hougan recently shared five interesting predictions for the next Halving of the Bitcoin (BTC) network, scheduled for 2028. In a comprehensive report, Hougan sheds light on the potential transformations…
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
[Apr 24, 2024 3:26 PM] Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended…
Bitcoin Mixing Service Samourai Wallet Founders Arrested, Charged With Money Laundering
[Apr 24, 2024 2:04 PM] In a significant development, Keonne Rodriguez and William Lonergan Hill, founders and CEO of the privacy-focused Bitcoin wallet and mixer, Samourai Wallet, have been arrested and charged with money laundering and operating an unlicensed money…
Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges
[Apr 24, 2024 12:32 PM] The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and…
Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High
[Apr 24, 2024 10:29 AM] Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level of…
Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing
[Apr 24, 2024 9:31 AM] Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance…
Trading of Hong Kong Spot Bitcoin and Ethereum ETFs Starts April 30
[Apr 24, 2024 8:04 AM] Per the Securities and Futures Commission (SFC) of Hong Kong, the region’s newly authorized spot bitcoin and ethereum exchange-traded funds (ETFs) are set to commence trading on Tuesday, April 30, 2024. Anticipation Builds for the Rollout of…
US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations
Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government
[Apr 24, 2024 5:22 AM] The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks…
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
[Apr 24, 2024 2:37 AM] South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel…
HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement
[Apr 24, 2024 1:12 AM] A misinterpreted announcement by the HBAR Foundation suggested that Blackrock’s ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant misunderstanding and a 96% increase in…
Noones CEO Ray Youssef Blasts Bitcoin Fees: ‘We Have Failed the Global South’
[Apr 23, 2024 11:38 PM] Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent developments in the bitcoin fee market have pushed users to…
Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps
[Apr 23, 2024 9:23 PM] The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of…