Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Bitcoin’s Mining Profitability Falls to All-time Low
Reading Time: < 1 minuteThe recent increase in the Bitcoin network hashrate has caused a decline in the stock value of BTC mining companies that had recently gained from their investments in artificial intelligence (AI).
BlackRock’s ETFs Surpass Grayscale’s
Reading Time: < 1 minuteBlackRock’s digital asset exchange-traded funds have overtaken those offered by leading competitor Grayscale in terms of total assets under management.
Australia’s Regulator Takes Down 600 Crypto-related Scams
Reading Time: < 1 minuteThe financial markets regulator in Australia has reported removing more than 600 fraudulent cryptocurrency schemes in the past year, cautioning that fraudsters and artificial intelligence are constantly adapting their methods to deceive unsuspecting individuals.
Donald Trump Reportedly Holds $1 Million in Ether
Reading Time: < 1 minuteAccording to election disclosures, Donald Trump owns between $1 million and $5 million worth of Ether (ETH) and earns significant income from licensing fees for non-fungible tokens (NFTs).
South Korea’s Pension Fund Purchases $33.7M in MicroStrategy Shares
Reading Time: < 1 minuteThe world’s third-largest pension fund, South Korea’s National Pension Service, bought $33.7 million worth of shares from MicroStrategy in the second quarter of this year.
Dubai Court Says Crypto Salary Payments Are Valid
Reading Time: < 1 minuteThe Dubai Court of First Instance has ruled that salary payments in crypto are valid under employment contracts.
US Government Moves $600M in Bitcoin
Reading Time: < 1 minuteThe US government transferred 10,000 seized Bitcoin (BTC) related to Silk Road to Coinbase Prime, the institutional platform of the popular exchange, on Wednesday.
Spot Bitcoin ETFs Post $81M in Outflows
Reading Time: < 1 minute$81.36 million left US spot Bitcoin exchange-traded funds on Wednesday, ending their two-day streak of positive inflows.
Binance’s App Returns to India
Reading Time: < 1 minuteAfter a seven-month ban due to noncompliance with local regulations, cryptocurrency exchange Binance has now returned to India’s Google Play Store and Apple App Store.
Coinbase to Launch a Tokenized Bitcoin
Reading Time: < 1 minuteCoinbase has hinted at the potential launch of a new product called cbBTC.
Hong Kong Court Orders Disclosure of Financial Details of Mantra Chain Operation
Reading Time: < 1 minuteThe Hong Kong High Court has recently mandated the release of financial information relating to the dispute between Mantra DAO, Inc. and RioDeFi Inc. and four former RioDeFi employees.
Coinbase Expands Services to Hawaii
Reading Time: < 1 minuteCoinbase has recently expanded its services to include Hawaii residents.
Marathon Digital to Purchase Additional Bitcoins
Reading Time: < 1 minuteMarathon Digital Holdings plans to privately offer $250 million worth of convertible senior notes to qualified institutional buyers.
Coinbase Asks SEC to Reconsider DEX Rule
Reading Time: < 1 minuteCoinbase has urged the US Securities and Exchange Commission to scrap its proposed rule that would bring decentralized exchanges under its purview and start afresh.
SEC Files a Lawsuit Against $650M Crypto Fraud Promoters
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against NovaTech, a cryptocurrency company, and its married co-founders, Cynthia and Eddy Petion.
Gemini Asks US Regulators to Not Ban Event Contracts
Reading Time: < 1 minuteGemini is urging US regulators to withdraw a proposed regulation that would ban all event contracts on decentralized prediction markets.
Hong Kong’s Crypto ETFs Are Facing Obstacles
Reading Time: < 1 minuteAccording to Gary Tiu, Executive Director and Head of Regulatory Affairs at Hong Kong crypto exchange OSL, there is a systemic barrier hindering the growth of cryptocurrency spot exchange-traded funds in Hong Kong.
Celsius Files a Lawsuit Against Tether
Reading Time: < 1 minuteCelsius has taken legal action against Tether for alleged misappropriation of assets.
Thailand Rolls Out a Regulatory Sandbox for Crypto Projects
Reading Time: < 1 minuteThailand’s Securities and Exchange Commission (SEC) is initiating a new initiative to test the implementation of cryptocurrency services through a dedicated regulatory sandbox.
Ripple Starts Tests of its Stablecoin RLUSD on Two Blockchains
Reading Time: < 1 minuteThe payment network, Ripple, has started testing its stablecoin, Ripple USD (RLUSD), on two different blockchain networks.
US Regulators Put Off Decision on Hashdex Nasdaq Crypto Index ETF
Reading Time: < 1 minuteAccording to a regulatory filing on August 9, United States regulators have requested additional time to decide whether or not to allow the Hashdex Nasdaq Crypto Index ETF to be listed on Nasdaq’s electronic securities exchange.
Singapore’s Regulator Grants a Payment License to BitGo
Reading Time: < 1 minuteCryptocurrency custody firm BitGo is expanding its global presence by obtaining regulatory approval in Singapore, known as one of the world’s most crypto-friendly countries.
Do Kwon’s Extradition to South Korea is Put Off Again
Reading Time: < 1 minuteThe extradition of Do Kwon, former CEO of Terraform Lab, to South Korea has faced yet another setback.
Franklin Templeton Rolls Out its Money Fund on Arbitrum Blockchain
Reading Time: < 1 minuteFranklin Templeton has today announced the launch of its tokenized money fund on the Arbitrum network, as part of its efforts to bridge the gap between traditional and decentralized finance.
Grayscale Expands its List of Crypto Investment Products
Reading Time: < 1 minuteGrayscale has expanded its list of available investment products to now include Bittensor and Sui.
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