Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
eToro Settles Charges with SEC
Reading Time: < 1 minute eToro yesterday agreed to settle charges from the US Securities and Exchange Commission for operating without proper registration as a broker and clearing agency.
Donald Trump to Launch its Crypto Initiative World Liberty Financial
Reading Time: < 1 minute On Thursday afternoon, Republican presidential candidate Donald Trump revealed the official launch date of his much-anticipated crypto project, World Liberty Financial.
Spot Bitcoin ETFs Take in $39.02M
Reading Time: < 1 minute As per data from SoSoValue, the 12 different Bitcoin exchange-traded funds (ETFs) recorded a total of $39.02 million in net inflows, a change from the $43.97 million outflows that were […]
EU: Stablecoin Standards to Become Official This Year
Reading Time: < 1 minute By the end of the year, the European Banking Authority (EBA) will officially release standards for stablecoin issuers like Tether and Circle to operate in the European Union.
Spot Bitcoin ETFs Lose $43M in a Day
Reading Time: < 1 minute Bitcoin 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.
Crypto Activity This Year Surpasses’ 2021 Record: Report
Reading Time: < 1 minute Cryptocurrency users worldwide have been increasingly active in 2024, leading to a major milestone being surpassed that was first reached during the 2021 market surge.
tZero Approved by SEC and FINRA to Operate as a Digital Asset SPBD
Reading Time: < 1 minute tZero 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.
SEC Receives $7.4 Billion from Fines on Crypto Industry
Reading Time: < 1 minute A recent study by digital assets analytics firm Social Capital Markets revealed that since 2013, the crypto industry has been fined a total of $7.4 billion.
Bitcoin Miner Wins $180,000 Reward After Solving a Block
Reading Time: < 1 minute One individual Bitcoin miner has accomplished a rare achievement by solving a block on their own, earning them approximately $180,000.
US Spot Bitcoin ETFs’ Daily Inflows Reach $28.7M
Reading Time: < 1 minute Since August 27, Bitcoin ETFs have been experiencing losses, but Monday saw the first day of net inflows in September.
Metaplanet Acquires $2M in Bitcoin
Reading Time: < 1 minute Japanese investment firm Metaplanet Inc. has announced it has acquired an additional 38.464 Bitcoin, totaling around 300 million yen ($2 million) in value.
FTX Reaches a Settlement with Emergent
Reading Time: < 1 minute Insolvent cryptocurrency exchange FTX has reached a settlement with Emergent Technologies, founded by Sam Bankman-Fried, over the ownership of more than $600 million worth of Robinhood shares.
Japanese Energy Company TEPCO to Venture into Green Mining
Reading Time: < 1 minute A subsidiary of TEPCO, a Tokyo-based company, is venturing into Bitcoin mining with the goal of using renewable energy that would otherwise go to waste.
CFTC Plans to Stop Kalshi Listing Election Prediction Contracts
Reading Time: < 1 minute After 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:
Block’s Market Cap Exceeds Coinbase’s
Reading Time: < 1 minute Block, Inc., the parent company of various subsidiaries such as Square, has surpassed Coinbase in market capitalization for the first time since March.
Brad Garlinghouse: Japanese Yen Stablecoins Demand Will Increase
Reading Time: < 1 minute Ripple 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.
Skyscanner Teams Up with Travala to Allow Bookings Through Crypto
Reading Time: < 1 minute Travala platform, which operates on blockchain technology, has announced a partnership with Skyscanner, a leading global travel marketplace.
Visa and Santander to Take Part in Brazil’s CBDC Pilot
Reading Time: < 1 minute The second phase of the pilot, known as Drex, has received 42 proposals from the BCB and Brazil’s Securities and Exchange Commission (CVM), according to a statement from the bank. Through this phase, the BCB will supervise 11 projects, while the CVM will monitor two.
More Than 600 Crypto ATMs Become Unavailable in 2 Months: Report
Reading Time: < 1 minute In the first two months of the third quarter in 2024, over 600 Bitcoin ATMs worldwide have gone offline.
Texas Fed Issues Cease and Desist Order Against a Crypto Bank
Reading Time: < 1 minute According 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.
Robinhood Pays $3.9 Million to Settle California DOJ Investigation
Reading Time: < 1 minute Robinhood Crypto’s past practices have resulted in a $3.9 million penalty as the company failed to allow customers to withdraw cryptocurrency between the years 2018 to 2022.
Swiss Bank ZKB Starts Offering Bitcoin and Ether Trading
Reading Time: < 1 minute Zurich Cantonal Bank, one of Switzerland’s largest banks, has started to offer cryptocurrency trading to its customers
Bitcoin ETFs’ Daily Net Outflows Reach $287M
Reading Time: < 1 minute Bitcoin 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.
Bitcoin’s Hashrate Hits an All-time High
Reading Time: < 1 minute The combined computing power used to secure the Bitcoin network, known as the hashrate, reached a record high of over 742 exahashes per second (EH/s) on September 1.
Hackers Steal $27M from Penpie Protocol
Reading Time: < 1 minute On 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.
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