Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
IMF to Help El Salvador Reduce Bitcoin-related Risks
Reading Time: < 1 minuteThe IMF has issued a statement following their recent visit to El Salvador, focused on supporting the country’s medium-term growth and addressing risks associated with Bitcoin.
Bitstamp to Make Bitcoin More Accessible in Europe
Reading Time: < 1 minuteCrypto exchange Bitstamp has partnered with fintech platform Stripe to make Bitcoin and other digital currencies more accessible in Europe. Through this collaboration, announced on August 7, consumers in the […]
Bitcoin Whales Accumulated BTCs During Market Crash
Reading Time: < 1 minuteBitcoin experienced a turbulent weekend, with prices falling to $49,000 on Monday after a rollercoaster of ups and downs.
Hut 8 Hires a New CFO
Reading Time: < 1 minuteHut 8, an energy infrastructure company and miner of Bitcoin, revealed on Tuesday its upcoming addition of a new chief financial officer later this month.
Valour Plans to Launch Crypto ETPs in Kenya
Reading Time: < 1 minuteValour has entered into a memorandum of understanding with the Nairobi Securities Exchange (NSE) and SovFi to enable the issuance and trading of digital asset exchange-traded products (ETPs) on the NSE in Kenya.
Xapo Bank Launches an Interest-bearing BTC in the UK
Reading Time: < 1 minuteAfter successfully obtaining a banking license in Gibraltar, Xapo Bank has now launched its services in the United Kingdom.
Bitcoin ETFs’ Trading Volume Reaches $1B
Reading Time: < 1 minuteTrading activity for Bitcoin ETFs started strong on August 5, with trading volumes reaching over $1 billion in just 20 minutes.
Weekly Outflows from Crypto Investment Products Hit $528M
Reading Time: < 1 minuteGlobal investment products in the cryptocurrency market, managed by companies such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares, experienced net outflows of $528 million last week.
Singapore Grants HashKey Group’s OTC Trading Division a Payment License
Reading Time: < 1 minuteHashKey Group’s over-the-counter trading division has become the latest crypto company to be granted a payment license by the Monetary Authority of Singapore, under the Payment Services Act of 2019.
Inflows into Bitcoin ETFs Reach Highest Level in 3 Months
Reading Time: < 1 minuteOn August 2, the 12 bitcoin exchange-traded funds in the US experienced their largest outflow in one day since May 1, which was over 90 days (and 60 trading days) ago.
Morgan Stanley Plans to Allow its Clients to Invest in Bitcoin ETFs
Reading Time: < 1 minuteMorgan Stanley has announced that their advisers will now have the ability to offer bitcoin exchange-traded funds (ETFs) to their wealthy clients starting on Wednesday.
Bybit Ends Services in France
Reading Time: < 1 minuteCrypto exchange Bybit has announced that it will no longer be providing its products or services to users in France.
Block’s Bitcoin-relate Revenue Reaches $2.6B
Reading Time: < 1 minuteIn the second quarter of 2024, Block Inc. reported a 9% growth in Bitcoin revenue compared to the previous year.
Ether ETFs Receive $26.7M
Reading Time: < 1 minuteDespite the fact that Grayscale’s Ethereum Trust has seen over $2 billion in outflows, daily net inflows into United States spot Ether exchange-traded funds have turned positive again.
US Senator Cynthia Lummis Officially Introduces Bitcoin Strategic Reserve Bill
Reading Time: < 1 minuteOn July 31, Senator Cynthia Lummis officially presented the Bitcoin Strategic Reserve bill, which calls for the creation of a reserve fund for the decentralized asset.
Tether Posts $5.2B Profit in First 6 Months of the Year
Reading Time: < 1 minuteTether announced its latest quarterly attestation on Wednesday, revealing a record net profit of $5.2 billion for the first half of 2024.
Telegram Unveils a Browser With Support for Decentralized Websites
Reading Time: < 1 minuteTelegram, a social messaging platform that is friendly towards cryptocurrencies, has released a new in-app browser that supports decentralized websites.
DeFi Platform Wemix.fi Halts Lending
Reading Time: < 1 minuteWemix.fi, the decentralized finance platform for the cryptocurrency Wemix, has announced the temporary suspension of its lending and borrowing services on July 30.
Mt. Gox Moves More Than $2 Billion in Bitcoin to a New Address
Reading Time: < 1 minuteArkham Intelligence has reported that the now-defunct Mt. Gox exchange transferred over $2 billion to a new address on Tuesday.
SEC Thinks Solana is a Security
Reading Time: < 1 minuteThe US Securities and Exchange Commission has not explicitly classified Solana as a non-security, despite retracting its request for a court decision on the matter as part of its lawsuit against Binance on July 30.
21Shares Integrates Chainlink Proof of Reserve to Enhance Transparency
Reading Time: < 1 minute21Shares US LLC has implemented the industry-standard Chainlink Proof of Reserve on the Ethereum mainnet.
Slovenia Releases First Digital Sovereign Bond in EU
Reading Time: < 1 minuteSlovenia has recently made history as the first European Union country to issue a digital sovereign bond.
US Moves $2B in Bitcoin Seized from Silk Road
Reading Time: < 1 minuteThe United States Government has recently moved 29,800 Bitcoin from a wallet that stored seized funds from the dark web marketplace Silk Road in 2012.
Ledger Launches a New Crypto Wallet
Reading Time: < 1 minuteCrypto wallet provider Ledger has recently released a new product, “Ledger Flex.”
SEC Greenlights Grayscale Bitcoin Mini Trust’s Trading
Reading Time: < 1 minuteThe United States Securities and Exchange Commission (SEC) on July 26 approved the listing of Grayscale’s newest exchange-traded fund (ETF) called Grayscale Bitcoin Mini Trust (BTC) on the New York […]
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