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Category: News

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

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.

July 25, 2024July 25, 2024 Tony Pearce News

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.

July 25, 2024July 25, 2024 Chris Smith News

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.

July 25, 2024July 25, 2024 Tony Pearce News

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.

July 24, 2024July 24, 2024 Tony Pearce News

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.

July 24, 2024July 24, 2024 Chris Smith News

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.

July 24, 2024July 24, 2024 Tony Pearce News

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.

July 23, 2024July 23, 2024 Chris Smith News

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.

July 23, 2024July 23, 2024 Tony Pearce News

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.

July 22, 2024July 22, 2024 Chris Smith News

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.

July 22, 2024July 22, 2024 Tony Pearce News

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.

July 22, 2024July 22, 2024 Tony Pearce News

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.

July 19, 2024July 19, 2024 Chris Smith News

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.

July 19, 2024July 19, 2024 Tony Pearce News

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.

July 19, 2024July 19, 2024 Tony Pearce News

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.

July 18, 2024July 18, 2024 Tony Pearce News

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.

July 18, 2024July 18, 2024 Chris Smith News

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.

July 18, 2024July 18, 2024 Tony Pearce News

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.

July 17, 2024July 17, 2024 Chris Smith News

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.

July 17, 2024July 17, 2024 Tony Pearce News

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.

July 17, 2024July 17, 2024 Chris Smith News

Metaplanet Acquires $1.2M in Bitcoin

Reading Time: < 1 minuteBitcoin investment company Metaplanet has recently acquired another 21.88 Bitcoin.

July 16, 2024July 16, 2024 Chris Smith News

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.

July 15, 2024July 15, 2024 Chris Smith News

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.

July 15, 2024July 15, 2024 Chris Smith News

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.

July 12, 2024July 12, 2024 Tony Pearce News

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.

July 12, 2024July 12, 2024 Chris Smith News

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