Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Ethereum Price Surpasses $3,300 Boosted by Potential ETF Approval
Reading Time: < 1 minuteThe price of Ether has reached over $3,300 in anticipation of the potential launch of spot ETH exchange-traded funds (ETFs) by the end of this week.
Bitcoin Whales Accumulate $4.3B in BTC
Reading Time: < 1 minuteDuring the market downturn earlier this month, many larger holders of Bitcoin, known as whales, took advantage of the low prices to accumulate a significant amount of the cryptocurrency.
SEC Closes Investigation into BUSD Stablecoin
Reading Time: < 1 minuteFollowing an investigation into the stablecoin Binance USD, the US Securities and Exchange Commission has announced that it will not recommend an enforcement action against Paxos.
OKX to Set its Europe Hub in Malta
Reading Time: < 1 minuteOKX is planning to establish a foothold in the European Union by setting up in Malta and adhering to the new Markets in Crypto assets (MiCA) regulatory framework.
US House Fails to Overturn Biden’s Veto of a SEC Crypto Rule
Reading Time: < 1 minuteIn a vote of 228-184, US lawmakers fell short in their attempt to override President Joe Biden’s veto of a legislative measure designed to reverse a controversial crypto accounting bulletin.
MicroStrategy Approves a 10-for-1 Stock Split
Reading Time: < 1 minuteMicroStrategy has announced a 10-for-1 stock split of its Class A and B common stock.
BitMEX Pleads Guilty to Violating the Bank Secrecy Act
Reading Time: < 1 minuteIn violation of the Bank Secrecy Act, BitMEX has admitted guilt in a new announcement from the US Department of Justice on Wednesday.
Terraform Labs Plans to Sell 4 Companies
Reading Time: < 1 minuteTerraform Labs has recently announced plans to sell four of its businesses as part of a $4.5 billion deal with the United States Securities and Exchange Commission (SEC).
Invesco Galaxy Sets 0.25% Fee for its Spot Ethereum ETF
Reading Time: < 1 minuteThe latest round of filings for the Invesco Galaxy Ethereum exchange-traded fund has set its fee at 0.25%.
BlackRock’s Tokenized Fund Market Value Exceeds $500 Million
Reading Time: < 1 minuteBlackRock’s BUIDL Fund, which was launched on the Ethereum network in March, has surpassed $500 million in market value, making it the highest-valued tokenized treasury fund in the world.
Paxful Co-founder Could Be Sentenced to 5 Years in Jail
Reading Time: < 1 minuteArtur Schaback, co-founder and former tech chief of Paxful, has pleaded guilty to conspiring to fail to maintain an effective Anti-Money Laundering program at the crypto exchange.
VanEck and 21Shares Plan to List a Solana ETF in Cboe
Reading Time: < 1 minuteThe Cboe has officially requested the Securities and Exchanges Commission (SEC) to allow asset managers VanEck and 21Shares to launch a Solana-based exchange-traded fund (ETF).
Germany Holds Over $2K in Bitcoin
Reading Time: < 1 minuteRecent events involving Germany’s sale of Bitcoin and reimbursements from the Mt. Gox scandal have caused major disruptions in the cryptocurrency market, and there may be more drama still to come.
Tron to Launch a Gasless Stablecoin
Reading Time: < 1 minuteTron founder Justin Sun has revealed plans to create a new stablecoin that will allow users to freely transfer it without any gas fees.
Inflows into Spot Bitcoin ETFs Surge Following BTC Price Fall
Reading Time: < 1 minuteFollowing a drop in Bitcoin’s price below $54,000 on July 4, Spot Bitcoin exchange-traded funds (ETFs) based in the United States experienced a surge in inflows on July 6.
South Korea Launches New System to Control Crypto Fraud
Reading Time: < 1 minuteThe Financial Supervisory Service of South Korea has announced the development of a new 24-hour surveillance system in collaboration with local exchanges.
Mt.Gox Moves Bitcoins Ahead of Payment to Creditors
Reading Time: < 1 minuteIn the last few hours, there have been two transactions involving a number of wallets connected to Mt Gox. These transactions occurred right before the planned repayment of $9 billion of Bitcoin.
Crypto Liquidations Reach $665M
Reading Time: < 1 minuteBitcoin experienced a sharp decline to $53,499 on Coinbase following news of Mt. Gox’s recent transfer from their cold wallet.
Basel Committee Greenlights Disclosure Framework for Banks’ Crypto Exposure
Reading Time: < 1 minuteThe Basel Committee on Banking Supervision announced yesterday that they have officially approved a final disclosure framework for banks to report their exposure to crypto assets.
Bitwise Files Amended Ethereum ETF Registration Form
Reading Time: < 1 minuteBitwise has submitted a revised S-1 form ahead of its July 8 deadline for launching an Ethereum exchange-traded fund.
Crypto Exchange BitMEX Releases a Memecoin Basket Index
Reading Time: < 1 minuteBitMEX has launched a new product called the MEMEMEXTUSDT Basket Index Perpetual Swap Contract.
Consensys Purchases Wallet Guard
Reading Time: < 1 minuteConsensys has recently announced its acquisition of Wallet Guard, a security tool designed to safeguard digital assets and data from potential theft, scams, and fraud.
Court Approves Schedule for SEC’s Case Against Consensys
Reading Time: < 1 minuteA judge in Texas has approved a schedule for the US Securities and Exchange Commission’s case against blockchain software company Consensys.
Ethereum Set to Outperform Bitcoin After ETH-based ETFs Start Trading: Report
Reading Time: < 1 minuteAccording to analysts at K33 Research, the upcoming launch of Ether exchange-traded funds (ETFs) in the United States could lead to the cryptocurrency outperforming Bitcoin in the weeks to come.
Bitfarms Mines 21% More Bitcoins in June
Reading Time: < 1 minuteAs Bitfarms faces a potential takeover bid from Riot Platforms, the company’s mining operations have been steadily recovering since the Bitcoin halving in April.
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