Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Hong Kong Could Include Bitcoin in Financial Reserves
Reading Time: < 1 minuteJohnny Ng, a member of the Hong Kong Legislative Council, has announced his intention to initiate discussions in Hong Kong regarding the potential addition of Bitcoin to the city’s financial reserves.
Revolut Wins a Banking License in UK
Reading Time: < 1 minuteRevolut announced on Thursday that it has been granted a banking license by UK financial regulators.
British FCA Fines Coinbase UK
Reading Time: < 1 minuteThe Financial Conduct Authority has imposed a fine of just over 3.5 million British pounds ($4.5 million) on CB Payments Limited, a subsidiary of Coinbase Group.
VanEck: BTC Will Reach $2.9M by 2050
Reading Time: < 1 minuteInvestment manager VanEck predicts that Bitcoin could reach a total market capitalization of $61 trillion.
Spot Ethereum ETFs Trading Volume Exceeds $900M
Reading Time: < 1 minuteOn their second day in the US market, Ethereum ETFs collectively traded nearly $1 billion in volume.
First Verified ZK-proof Arrives to Bitcoin Mainnet
Reading Time: < 1 minuteOn July 24, the Bitcoin rollups protocol, BitcoinOS (BOS), successfully validated the first zero-knowledge (ZK) proof on the blockchain’s mainnet.
Ether ETFs Lose $133M in Second Day of Trading
Reading Time: < 1 minuteOn their second day of trading, the nine US spot Ethereum exchange-traded funds experienced a reversal in flows, with $133.16 million in net outflows.
Miner Riot Platforms Buys Block Mining
Reading Time: < 1 minuteIn a $92.5 million transaction, Riot Platforms has acquired Block Mining, a bitcoin miner based in Kentucky.
Trading Volume of Spot Ethereum ETFs Reaches $1B on First Day
Reading Time: < 1 minuteTrading of spot Ethereum on exchanges began on Tuesday through nine different ETFs, issued by eight different companies.
Mt. Gox Transfers $2.5B in Bitcoin to an Unknown Address
Reading Time: < 1 minuteThe now-defunct crypto exchange Mt. Gox has recently transferred a total of 37,477 Bitcoin, valued at approximately $2.5 billion, to an unknown wallet address.
Mt.Gox Moves $2.8B in Bitcoin
Reading Time: < 1 minuteA wallet associated with Mt Gox sent approximately 42587.49 BTC (worth $2.82 billion) to a new address at around 5 a.m. UTC on Tuesday.
Daily Inflows into BlackRock’s Bitcoin ETF Hit $523M
Reading Time: < 1 minuteOn Monday, BlackRock’s Bitcoin exchange-traded fund (ETF) received its biggest influx of funds in over four months, with over $523 million entering the fund.
WazirX Announces a Bounty Program
Reading Time: < 1 minuteWazirX co-founder Nischal Shetty has announced a reward program to support the exchange in recovering or freezing the funds that were stolen during a recent hack.
CBOE Says Ethereum ETFs Will Begin Trading Tomorrow
Reading Time: < 1 minuteThe Chicago Board Options Exchange (CBOE) has confirmed that five Ethereum exchange-traded funds (ETFs) will be available for trading on July 23, pending regulatory approval.
SEC Chairman Will Resign Next Year: Report
Reading Time: < 1 minuteMarkus Thielen, founder of 10X Research, predicts that Gary Gensler will step down within the first two months of 2025 after President Joe Biden’s term at the White House ends.
OKX Establishes its MiCA Hub in Malta
Reading Time: < 1 minuteCrypto exchange OKX has chosen Malta as its hub for MiCA (Markets in Crypto-Assets) as this new regulatory framework is being implemented in the European Union.
Deposit Volume in Crypto Mixer Tornado Cash Soars Despite Sanctions
Reading Time: < 1 minuteDespite facing sanctions and legal troubles, banned cryptocurrency mixer Tornado Cash has surprisingly seen a significant increase in deposits in the first half of 2024.
Kraken Custody Expands to UK and Australia
Reading Time: < 1 minuteKraken Institutional has now expanded its custody service to clients in the UK and Australia, both new and existing ones.
Mt. Gox Creditors Suffering Unauthorized Login Attempts
Reading Time: < 1 minuteSeveral self-proclaimed Mt. Gox creditors have taken to an insolvency subreddit, alleging that in the past 24 hours, unknown hackers have made multiple unauthorized login attempts on their accounts.
OKX Announces It Is Leaving Nigeria
Reading Time: < 1 minuteOn July 17, OKX announced in an email to clients in Nigeria that it would be exiting the country and discontinuing its services for Nigerian customers.
Taiwan Tightens its Crypto Regulations
Reading Time: < 1 minuteThe Legislative Yuan, Taiwan’s highest legislative body, has approved a law that updates the country’s Anti-Money Laundering (AML) legislation to include digital assets.
Craig Wright Admits He Is Not Satoshi Nakamoto
Reading Time: < 1 minuteAustralian computer scientist Craig Wright, who had long claimed to be the creator of Bitcoin, has been ordered by a judge to publicly state that he is not Satoshi Nakamoto.
Li.Fi Protocol Loses $10M in Hacker Attack
Reading Time: < 1 minuteOn July 16, Li.Fi, an API for conducting swaps and bridging between Ethereum Virtual Machine and Solana, was the target of an attack resulting in over $10 million worth of cryptocurrencies being stolen.
Kraken Receives Mt. Gox Reimbursement Funds
Reading Time: < 1 minuteRecent reports have revealed that Kraken users have received an email from the exchange notifying them that the reimbursement funds from Mt. Gox have been transferred to Kraken’s control and will be distributed within the next seven to 14 days.
Metaplanet Acquires $1.2M in Bitcoin
Reading Time: < 1 minuteBitcoin investment company Metaplanet has recently acquired another 21.88 Bitcoin.
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