Justin Sun’s Role in BitGo’s WBTC Custody Plan Causes Worry
BitGo, a leading crypto custodial platform, will shift its Wrapped Bitcoin (WBTC) to a new multi-jurisdictional and multi-institutional custody model....
Bitcoin
Experts Recommend MoonTaurus (MNTR) as the Top Investment for 2024 Amid Crypto Market Volatility
On August 5, 2024, the crypto market experienced one of its biggest shakeouts of the year, with over $1 billion...
Here’s How Many BTC Addresses Are ‘Rich’ By Charlie Munger’s Definition
At one of Berkshire’s world-famous annual shareholder meetings in Omaha during the late 1990s, Munger said, “The first $100,000 is...
CFTC Pays $1M to Whistleblower in Digital Asset Case
The Commodity Futures Trading Commission paid a $1 million whistleblower award for information leading to an enforcement action in digital...
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the...
BlackRock and Nasdaq Submit Proposal for Spot Ethereum ETF Options
Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust...
Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of...
Okx Says Accounts Interacting With Tornado Cash Will Be Closed
According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and...
‘Asia’s MicroStrategy’ Metaplanet secures ¥1 billion loan to acquire additional Bitcoin
Key Takeaways Metaplanet secured a 1 billion yen loan at a remarkably low interest rate of 0.1% APR. Metaplanet's actions...
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed...
Robinhood Reports 161% Surge in Q2 Crypto Revenue
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue....
Sea of green in crypto as new exchange, DTX, raises $1.2 million
Cryptocurrency prices have staged a strong comeback this week as concerns about the Japanese yen comeback faded. After tumbling sharply...
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy...
Bitcoin Could Hit Record High If This Happens in the US: Grayscale
According to Grayscale Research, Bitcoin might revisit its all-time high later this year if the U.S. economy avoids a recession....
Top 14 Best Decentralized Finance (DeFi) Projects in 2024
Decentralized finance (DeFi) is a financial ecosystem composed of decentralized applications (dApps) built on blockchain networks, most popularly, Ethereum. It’s...
Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity
Plus Token wallets moved $63.1M ETH after three years of inactivity. Dormant funds, once held in Bidesk, were partially transferred...
Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss
According to one expert, bitcoin currently needs to trade above $55,000 for miners to break even and $94,000 for them...
SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a...
Brazilian Regulator Approves Solana Spot ETF
The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for...
Brazil set to debut its first Solana ETF
Key Takeaways The Brazilian Securities and Exchange Commission has approved the first Solana ETF in Brazil. The move solidifies Brazil's...
Coinbase and MicroStrategy climb as Bitcoin reclaims $59k
Coinbase and MicroStrategy stocks rose 6% and 7% respectively as Bitcoin surged to above $59,000. Analysts say crypto markets may...
US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their...
