Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
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%.
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