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Category: News

Latest news on blockchain, cryptocurrencies and the crypto world in general.

BlackRock’s Bitcoin ETF Registers Second Outflows Since January

Reading Time: < 1 minuteBlackRock’s Bitcoin ETF yesterday experienced its second day of outflows since it launched in January.

August 30, 2024August 30, 2024 Chris Smith News

OpenSea Receives a Wells Notice

Reading Time: < 1 minuteThe US Securities and Exchange Commission has extended its scrutiny of the crypto industry by adding OpenSea, a well-known crypto marketplace, to its list of targets.

August 29, 2024August 29, 2024 Tony Pearce News

Spot Ethereum ETFs Post Inflows Again

Reading Time: < 1 minuteNine Ethereum exchange-traded funds in the US saw a combined inflow of $5.84 million on Wednesday, ending a streak of nine consecutive days of outflows.

August 29, 2024August 29, 2024 Chris Smith News

HashKey Exchange Lists AVAX and LINK for Retail Investors

Reading Time: < 1 minuteHong Kong-based HashKey Exchange has recently added AVAX and LINK trading pairs for retail investors. As of 6 a.m. ET on Wednesday, the exchange made trading available for the AVAX/USD […]

August 29, 2024August 29, 2024 Tony Pearce News

TON Blockchain Suffers an Outage

Reading Time: < 1 minuteThe Open Network (TON) has been experiencing a disruption in operations, with no transactions being processed for a period of six hours.

August 28, 2024August 28, 2024 Tony Pearce News

Australian Federal Police: Australian Users Lose $122M Due to Crypto Scams

Reading Time: < 1 minuteReports of cryptocurrency-related scams in Australia have increased from 19 in 2017 to over 1,800 in 2019 and 2020 combined.

August 28, 2024August 28, 2024 Chris Smith News

Nasdaq Plans to Launch Bitcoin Index Options

Reading Time: < 1 minuteNasdaq and joined by CF Benchmarks have submitted a filing to the SEC to list and trade Nasdaq Bitcoin Index Options (XBTX).

August 28, 2024August 28, 2024 Tony Pearce News

Stablecoin’s Market Cap Reaches New Record Level

Reading Time: < 1 minuteThe total market capitalization of stablecoins, not including algorithmic ones, reached an all-time high this past weekend.

August 27, 2024August 27, 2024 Chris Smith News

Inflows into Bitcoin Reach $543M: Report

Reading Time: < 1 minuteBitcoin saw a total of $543 million in inflows, driven by Fed Chair Jerome Powell’s favorable comments.

August 27, 2024August 27, 2024 Tony Pearce News

BlackRock Bitcoin ETF Records Biggest Inflow in Over a Month

Reading Time: < 1 minuteAccording to data from Farside Investors, the iShares Bitcoin Trust ETF (IBIT) saw its largest daily net inflow in the past 35 days on Monday, August 26.

August 27, 2024August 27, 2024 Chris Smith News

WazirX to Allow Rupee Withdrawals

Reading Time: < 1 minuteWazirX, the Indian cryptocurrency exchange that was the victim of a $230 million hack in July, has announced that it will resume allowing withdrawals in rupees.

August 26, 2024August 26, 2024 Tony Pearce News

Thailand’s Police Raids an Illegal Bitcoin Mine

Reading Time: < 1 minuteOn Sunday, Thailand’s police and electricity authorities revealed that they had conducted a raid on an illegal bitcoin mine located in a local town.

August 26, 2024August 26, 2024 Tony Pearce News

US Court Denies Kraken’s Motion to Dismiss SEC Lawsuit

Reading Time: < 1 minuteThe Federal Court for the Northern District of California has rejected a request to dismiss a lawsuit brought by the US Securities and Exchange Commission (SEC) against Kraken.

August 26, 2024August 26, 2024 Chris Smith News

Grayscale Launches an Avalanche Blockchain Token Trust 

Reading Time: < 1 minuteGrayscale Investments has announced the addition of an Avalanche blockchain token trust to its list of recently introduced products.

August 23, 2024August 23, 2024 Tony Pearce News

Inflows into Crypto Exchanges Have Decreased This Month: Opinion

Reading Time: < 1 minuteThe transfer of Bitcoin from the Mt. Gox bankruptcy estate and concerns about a potential US government selloff have both contributed to a decrease in Bitcoin exchange inflows since early August.

August 23, 2024August 23, 2024 Chris Smith News

Colombia’s Watchdog Accuses Worldcoin of Violating Personal Data Protection Regime

Reading Time: < 1 minuteColombia’s leading consumer protection agency has accused Worldcoin and its parent company Tools for Humanity of potentially violating the country’s laws on personal data protection.

August 23, 2024August 23, 2024 Tony Pearce News

Mining Firm Bitfarms Purchases Rival Stronghold Digital Mining

Reading Time: < 1 minuteBitcoin mining company Bitfarms has purchased Stronghold Digital Mining for approximately $125 million, including assumed debt of $50 million.

August 22, 2024August 22, 2024 Tony Pearce News

Mercado Libre to Release a Stablecoin Backed by the USD

Reading Time: < 1 minuteMercado Pago announced on Wednesday that it will launch a stablecoin in Brazil that is tied to the value of the US dollar.

August 22, 2024August 22, 2024 Chris Smith News

Tether to Realese a Dirham-pegged Stablecoin in UAE

Reading Time: < 1 minuteTether has announced its upcoming launch of a new stablecoin pegged to the United Arab Emirates dirham (AED).

August 22, 2024August 22, 2024 Tony Pearce News

Mt. Gox Moves $700M in Bitcoin to New Wallets

Reading Time: < 1 minuteEarly Wednesday, an address linked to defunct exchange Mt. Gox moved 13,265 BTC, worth $784 million. 

August 21, 2024August 21, 2024 Chris Smith News

Malaysian Authorities Destroy Almost 1,000 BTC Mining Devices

Reading Time: < 1 minuteMalaysian authorities have destroyed 985 Bitcoin mining machines worth approximately 1.98 million Malaysian ringgits ($452,500). 

August 21, 2024August 21, 2024 Tony Pearce News

Spot Bitcoin ETFs Post Inflow of $88M

Reading Time: < 1 minuteUnited States spot Bitcoin exchange-traded funds (ETFs) have continued to attract positive inflows, with eight out of the past ten trading days showing net inflows.

August 21, 2024August 21, 2024 Chris Smith News

Nigeria Proposes a New Law to Tax Cryptocurrencies

Reading Time: < 1 minuteNigeria’s Federal Inland Revenue Service (FIRS) is set to introduce a tax on the crypto industry. The tax bill is expected to be presented to parliament for approval by September. 

August 20, 2024August 20, 2024 Chris Smith News

Bitwise Buys European ETP Provider ETC Group

Reading Time: < 1 minuteCrypto asset manager Bitwise has strengthened its global presence by acquiring London-based ETC Group. 

August 20, 2024August 20, 2024 Tony Pearce News

Tether Expands USDT to Aptos Network

Reading Time: < 1 minuteTether has announced the expansion of its USDT stablecoin to the Aptos blockchain. This move adds to USDT’s existing presence on networks like Ethereum, Tron, Avalanche, Celo, and Solana. 

August 20, 2024August 20, 2024 Chris Smith News

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