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Category: News

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

Mango Markets Settles with SEC

Reading Time: < 1 minuteAfter being charged with unlawfully selling MNGO tokens, Mango DAO has agreed to settle with the US Securities and Exchange Commission.

September 30, 2024September 30, 2024 Chris Smith News

Hackers Steal $32M from a Crypto Whale

Reading Time: < 1 minuteA blockchain security service called ScamSniffer has reported that a cryptocurrency whale lost approximately $32 million worth of tokens after engaging in a malicious transaction.

September 30, 2024September 30, 2024 Tony Pearce News

BlackRock’s Ethereum ETF Surpasses $1B

Reading Time: < 1 minuteIn a turnaround from six straight weeks of negative outflows, US-based spot Ethereum exchange-traded funds (ETFs) have recorded their highest weekly inflows since early August.

September 30, 2024September 30, 2024 Chris Smith News

Hacker Steals $2M from Crypto Project Bedrock

Reading Time: < 1 minuteBedrock, a multi-asset liquid staking protocol, has confirmed that it has been a victim of a “security exploit” involving uniBTC, resulting in hackers stealing about $2 million in funds.

September 27, 2024September 27, 2024 Tony Pearce News

Dubai Tightens Crypto Marketing Regulations

Reading Time: < 1 minuteDubai’s crypto regulation just got stricter with the introduction of new Marketing Regulations for Virtual Assets and Related Activities 2024 by the Dubai Virtual Assets Regulatory Authority (VARA).

September 27, 2024September 27, 2024 Chris Smith News

Robinhood and Revolut Considering Launch of its Own Stablecoin

Reading Time: < 1 minuteFintech giants Robinhood and Revolut are considering launching a stablecoin.

September 27, 2024September 27, 2024 Tony Pearce News

Kamala Harris: US Should Be Dominant in Blockchain

Reading Time: < 1 minuteHarris stated that her administration would invest in biomanufacturing and aerospace, and continue to lead in areas such as AI, quantum computing, and blockchain.

September 26, 2024September 26, 2024 Chris Smith News

Inflation Data Platform Truflation Suffers Hacker Attack

Reading Time: < 1 minuteA blockchain-based platform for tracking inflation, Truflation, has confirmed that it was targeted by a malware attack which resulted in an estimated loss of $5.2 million.

September 26, 2024September 26, 2024 Tony Pearce News

PayPal Allows US Business Accounts to Buy, Sell and Hold Cryptocurrencies

Reading Time: < 1 minutePayPal has recently made a major announcement allowing businesses in the US to directly buy, hold, sell, and transfer cryptocurrencies, all from their business accounts.

September 26, 2024September 26, 2024 Chris Smith News

BNY to Offer Custody Services for Crypto ETFs

Reading Time: < 1 minuteBNY Mellon (BNY) is making progress in offering custody services for its clients’ Bitcoin and Ether ETFs.

September 25, 2024September 25, 2024 Chris Smith News

BlackRock’s Head of Crypto: Bitcoin Is Not a Risk-on Asset

Reading Time: < 1 minuteBlackRock’s head of digital assets, Robbie Mitchnick, believes that Bitcoin has been unfairly categorized as a “risk-on” asset.

September 25, 2024September 25, 2024 Tony Pearce News

TrustToken and TrueCoin Settle Charges with SEC

Reading Time: < 1 minuteThe SEC has announced that they have reached a settlement with crypto companies Trusttoken Inc. and Truecoin LLC regarding charges of fraudulent misrepresentations and unregistered sales related to the stablecoin trueusd (TUSD).

September 25, 2024September 25, 2024 Chris Smith News

Crypto Firms Bitfarms and Riot Platforms Reach an Agreement

Reading Time: < 1 minuteA joint settlement agreement has been reached between rival Bitcoin mining companies, Riot Platforms and Bitfarms, effectively ending Riot’s attempted hostile takeover.

September 24, 2024September 24, 2024 Chris Smith News

Crypto ETFs Receive $321M

Reading Time: < 1 minuteCrypto exchange-traded funds (ETFs) saw an increase in inflows for the second week in a row, with a total of $321 million.

September 24, 2024September 24, 2024 Tony Pearce News

Polymarket May Launch a Token

Reading Time: < 1 minutePolymarket is considering launching a token worth more than $50 million to support their crypto betting platform.

September 24, 2024September 24, 2024 Chris Smith News

Transaction Fees on Ethereum Network Surge

Reading Time: < 1 minuteThe average transaction fee on Ethereum has increased in recent weeks.

September 23, 2024September 23, 2024 Chris Smith News

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.

September 23, 2024September 23, 2024 Tony Pearce News

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.

September 23, 2024September 23, 2024 Chris Smith News

Terraform Labs Receives Approval to Shut Down Operations

Reading Time: < 1 minuteTerraform Labs was granted court approval to dissolve its operations in bankruptcy yesterday.

September 20, 2024September 20, 2024 Tony Pearce News

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.

September 20, 2024September 20, 2024 Chris Smith News

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.

September 20, 2024September 20, 2024 Tony Pearce News

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.

September 19, 2024September 19, 2024 Chris Smith News

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.

September 19, 2024September 19, 2024 Tony Pearce News

Revolut Plans to Issue its Own Stablecoin

Reading Time: < 1 minuteFintech company Revolut plans to launch its own stablecoin.

September 19, 2024September 19, 2024 Chris Smith News

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.

September 18, 2024September 18, 2024 Tony Pearce News

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