Author: Chris Smith
US Lawmakers Urge Crypto ATM Operators to Protect Senior Users
Reading Time: < 1 minuteA group of Democratic Senators has sent a request to 10 of the largest crypto ATM operators in the United States to address fraud and protect senior citizens.
Market Update September 13
Reading Time: < 1 minuteIt has been another eventful week in the world of crypto, with significant price movements and market volatility dominating the headlines.
Donald Trump to Launch its Crypto Initiative World Liberty Financial
Reading Time: < 1 minuteOn Thursday afternoon, Republican presidential candidate Donald Trump revealed the official launch date of his much-anticipated crypto project, World Liberty Financial.
Spot Bitcoin ETFs Lose $43M in a Day
Reading Time: < 1 minuteBitcoin exchange-traded funds in the United States experienced a total daily net outflow of $43.97 million on Wednesday, breaking a positive falow streak that had lasted two days.
tZero Approved by SEC and FINRA to Operate as a Digital Asset SPBD
Reading Time: < 1 minutetZero Digital Asset Securities has been approved by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) to serve as a specialized broker-dealer for digital asset securities in the United States.
Bitcoin Miner Wins $180,000 Reward After Solving a Block
Reading Time: < 1 minuteOne individual Bitcoin miner has accomplished a rare achievement by solving a block on their own, earning them approximately $180,000.
Metaplanet Acquires $2M in Bitcoin
Reading Time: < 1 minuteJapanese investment firm Metaplanet Inc. has announced it has acquired an additional 38.464 Bitcoin, totaling around 300 million yen ($2 million) in value.
CFTC Plans to Stop Kalshi Listing Election Prediction Contracts
Reading Time: < 1 minuteAfter a judge ruled against an order from the US Commodities and Futures Trading Commission (CFTC) prohibiting US regulated prediction marketplace Kalshi from offering prediction contracts for the 2024 election, the website proudly announced on its homepage:
Brad Garlinghouse: Japanese Yen Stablecoins Demand Will Increase
Reading Time: < 1 minuteRipple CEO Brad Garlinghouse expressed his belief that Japan is a promising market for stablecoins and that there will be a strong demand for a Japanese yen stablecoin.
Market Update September 6
Reading Time: < 1 minuteOver the past week, the crypto market has experienced some significant price movements, with the two largest cryptocurrencies, Bitcoin and Ethereum, both seeing a decline.
Skyscanner Teams Up with Travala to Allow Bookings Through Crypto
Reading Time: < 1 minuteTravala platform, which operates on blockchain technology, has announced a partnership with Skyscanner, a leading global travel marketplace.
More Than 600 Crypto ATMs Become Unavailable in 2 Months: Report
Reading Time: < 1 minuteIn the first two months of the third quarter in 2024, over 600 Bitcoin ATMs worldwide have gone offline.
Market Update September 5
Reading Time: < 1 minuteThe cryptocurrency market has been on a relatively stable trajectory over the past day, with most major coins experiencing minimal fluctuations in their price.
Texas Fed Issues Cease and Desist Order Against a Crypto Bank
Reading Time: < 1 minuteAccording to the Federal Reserve, United Texas Bank, which has connections to the cryptocurrency industry, was found to have “significant deficiencies” related to its handling of crypto customers and risk management.
Swiss Bank ZKB Starts Offering Bitcoin and Ether Trading
Reading Time: < 1 minuteZurich Cantonal Bank, one of Switzerland’s largest banks, has started to offer cryptocurrency trading to its customers
Market Update September 4
Reading Time: < 1 minuteOver the past 24 hours, the crypto market has seen some significant price movements.
Bitcoin ETFs’ Daily Net Outflows Reach $287M
Reading Time: < 1 minuteBitcoin ETFs listed in the US on Monday experienced a tough day as concerns about economic growth and a drop in Nvidia’s stock (NVDA) caused a decline in market sentiment.
Hackers Steal $27M from Penpie Protocol
Reading Time: < 1 minuteOn Sept. 3, 2024, The Penpie Protocol, a decentralized finance platform built on top of Pendle, fell victim to an exploit and lost $27 million of client funds as of the time of writing.
Market Update September 3
Reading Time: < 1 minuteSome of the top cryptocurrencies yesterday saw positive gains while others experienced minor dips. Bitcoin saw a 2.83% increase in price, bringing it to $59,044.74.
South Korean Firms SK and Hana Join Forces with BitGo
Reading Time: < 1 minuteDigital asset custody company BitGo has announced the addition of South Korea’s top telecommunications company SK Telecom and leading financial institution Hana Financial as major shareholders and strategic partners of its regional branch.
Market Update September 2
Reading Time: < 1 minuteThe cryptocurrency market experienced a slight downturn yesterday, with Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, both declining.
Cardano Activates its Chang Hard Fork
Reading Time: < 1 minuteThe highly anticipated “Chang” upgrade for Cardano, a layer-1 blockchain created in 2017 by Charles Hoskinson, co-founder of Ethereum, was activated on Sunday.
OKX Receives a License in Singapore
Reading Time: < 1 minuteOKX has announced that its Singapore branch, OKX SG, has successfully obtained a Major Payment Institution license from the Monetary Authority of Singapore.
Market Update August 30
Reading Time: < 1 minuteThe cryptocurrency market has seen some notable price movements over the past week, with the two major players Bitcoin and Ethereum experiencing dips in their prices.
Nayib Bukele: Bitcoin Adoption in El Salvador Was Not As We Expected
Reading Time: < 1 minuteNayib Bukele, the president of El Salvador who introduced the bill to make Bitcoin a legal tender in the nation, has stated that the results of this monetary experiment have been a mix of positive and negative.
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