Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
The IMF Issues Framework on CBDCs
Reading Time: < 1 minuteA guide has been released by staff members of the International Monetary Fund (IMF) for policymakers and banking institutions to promote the use of central bank digital currencies (CBDCs) worldwide.
Kamala Harris Promises to Support Crypto Industry
Reading Time: < 1 minuteKamala Harris declared on Sunday that her administration would prioritize the development of digital assets and artificial intelligence (AI) if she wins the presidency.
Terraform Labs Receives Approval to Shut Down Operations
Reading Time: < 1 minuteTerraform Labs was granted court approval to dissolve its operations in bankruptcy yesterday.
Germany Shuts Down 47 Crypto Exchanges
Reading Time: < 1 minuteThe German government has closed down 47 cryptocurrency exchanges, accusing them of facilitating an illicit economy for cybercriminals to thrive in.
BingX Loses $43M in Hacker Attack
Reading Time: < 1 minuteBingX, a cryptocurrency exchange based in Singapore, has acknowledged that it experienced a loss of assets after noticing unusual outflows from its hot wallet on Sept. 20.
Silvergate Capital Files for Bankruptcy
Reading Time: < 1 minuteSilvergate Capital Corporation has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware.
Solana Unveils its New Smartphone
Reading Time: < 1 minuteSolana has recently unveiled its latest smartphone, the “Seeker,” which will not solely rely on free memecoins.
Revolut Plans to Issue its Own Stablecoin
Reading Time: < 1 minuteFintech company Revolut plans to launch its own stablecoin.
CleanSpark Purchases 2 Mining Sites in Mississippi
Reading Time: < 1 minuteBitcoin miner CleanSpark has recently acquired two Bitcoin mining sites and accompanying land in Clinton, Mississippi, with a combined purchase price of $5.775 million.
Circle Launches USDC on Sui Network
Reading Time: < 1 minuteThe CEO of USDC issuer Circle, Jeremy Allaire, has announced that USD Coin (USDC) will soon be available on the layer-1 (L1) blockchain Sui network.
Australia’s Central Bank Starts Wholesale CBDC Program
Reading Time: < 1 minuteThe RBA has announced that it will be focusing on launching a wholesale CBDC rather than pursuing a retail CBDC in the near future.
Trump’s World Liberty Financial to Launch a Token
Reading Time: < 1 minuteThe team members responsible for the World Liberty Financial crypto project, which has been endorsed by former President Donald Trump and his sons, has confirmed their plans to launch a governance token called WLFI.
Fed’s Rate Cut Will Boost Bitcoin: Bitwise
Reading Time: < 1 minuteThere is widespread anticipation that the US Federal Reserve will make its first benchmark rate cut in four years this week, leading to speculation about the potential size and impact of the cut on risk assets such as Bitcoin.
MicroStrategy Plans to Raise $700M to Buy Additional Bitcoin
Reading Time: < 1 minuteMicroStrategy has recently announced that it will raise $700 million through a new debt offering of convertible senior notes, which are set to mature in 2028.
Sam Bankman-Fried Demands a New Trial
Reading Time: < 1 minuteFTX founder Sam Bankman-Fried has officially contested his conviction for fraud by appealing for a new trial.
CFTC: Prediction Markets Are Vulnerable to Manipulation
Reading Time: < 1 minuteThe CFTC is making another attempt to halt Kalshi from offering prediction markets on the upcoming November elections after losing its first case against the company.
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.
eToro Settles Charges with SEC
Reading Time: < 1 minuteeToro 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 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 Take in $39.02M
Reading Time: < 1 minuteAs 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 minuteBy 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 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.
Crypto Activity This Year Surpasses’ 2021 Record: Report
Reading Time: < 1 minuteCryptocurrency 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 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.
SEC Receives $7.4 Billion from Fines on Crypto Industry
Reading Time: < 1 minuteA 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.
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