Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Bahamas Will Require Banks to Support its CBDC
Reading Time: < 1 minuteThe Bahamas government is taking steps to boost the use of its “Sand Dollar” central bank digital currency (CBDC) by introducing a new law that will require commercial banks to support it.
Circle Obtains MiCA License for its Stablecoins
Reading Time: < 1 minuteCircle has now obtained an Electronic Money Institution (EMI) license, a necessary step in order to offer cryptocurrency tokens pegged to the dollar and euro in the European Union (EU) under the new Markets in Crypto Assets (MiCA) regulations.
Philippines Adds USDT As Payment Method for Social Security Payments
Reading Time: < 1 minuteTether has announced a new option for citizens of the Philippines to pay their Social Security System (SSS) contributions using USDT.
Hawaii’s Crypto Companies Will Not Have to Obtain a Money Transmitter License
Reading Time: < 1 minuteHawaii has officially decided to exempt cryptocurrency companies from the need to obtain a Money Transmitter License (MTL) in order to operate in the state.
Internal Revenue Service Releases Latest Broker Rule Guidance
Reading Time: < 1 minuteOn Friday, the Internal Revenue Service (IRS) released the latest version of its controversial guidance on the “broker rule.”
NFT Sales Plummet 44% in Q2
Reading Time: < 1 minuteDuring the second quarter, the sale of non-fungible tokens (NFTs) saw a significant decline of 44%, attributed to various factors such as the increase of celebrity, political, and animal-themed memecoins and a downturn in the overall crypto market.
SEC Sues Consensys
Reading Time: < 1 minuteIn a complaint filed on Friday in the U.S. District Court in the Eastern District of New York, the U.S. Securities and Exchange Commission accused Consensys of violating the law by not registering as a broker for its MetaMask swaps service and its staking service.
Crypto Exchange Coinbase Sues SEC and FDIC
Reading Time: < 1 minuteA research firm hired by Coinbase is taking legal action against the US Securities and Exchange Commission (SEC) and a federal banking agency.
Coinbase Teams Up with Stripe
Reading Time: < 1 minuteA partnership has been formed between the cryptocurrency exchange leader Coinbase and the payment company Stripe.
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