Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Aptos Launches a Flexible Token Standard
Reading Time: < 1 minuteThe developers of Aptos (APT) have officially unveiled their new Digital Asset (DA) standard tokens.
BTC Crash Leaves Only 12% of Speculators’ Coins in Profit: Report
Reading Time: < 1 minuteAn analysis conducted by Glassnode found that 88.3% of short-term investors have now become “unprofitable” due to Bitcoin’s biggest dip of the year so far by 7.2%.
Canaan Suspends Mining Activities in Kazakhstan
Reading Time: < 1 minuteUnfortunately, Kazakhstan has had tightening regulations on this industry and Canaan had to suspend the operations of their enterprises there.
Relative Strength Indicator Hits 2020 Records
Reading Time: < 1 minuteOn March 20, 2020, the Relative Strength Index (RSI) on the Bitcoin chart on CoinDesk showed a sharp change in prices with the cryptocurrency exchange rate at $4,000 due to the COVID-19 pandemic.
Bitget Announces Introduction of Mandatory KYC
Reading Time: < 1 minuteBeginning on September 1, cryptocurrency exchange Bitget is modifying its requirements for KYC verification.
The SEC to Allow ETFs on Ethereum Futures in October
Reading Time: < 1 minuteAccording to Bloomberg, if the US Securities and Exchange Commission (SEC) approves at least one of the applications submitted – then a crypto fund ETF for Ethereum futures may enter the US market as soon as October 12.
Bitcoin Funds Record Outflow of Funds
Reading Time: < 1 minuteCoinShares analysts estimated that $55.4 million was withdrawn from cryptocurrency investment products from August 12 to 18, a notable contrast to the $28.5 million inflow during the previous week.
Mantle Stops Token Migration Due to FTX
Reading Time: < 1 minuteThe BitDAO and L2 project Mantle Network announced in May a merger to create a single ecosystem under the BitDAO brand.
New Zealand Not in the Hurry to Legalize Cryptocurrencies
Reading Time: < 1 minuteThe New Zealand House of Representatives backed an expert-prepared report which called on the country’s government to exercise caution when considering cryptocurrency regulations.
Vitalik Buterin Receives Residence Permit in Taiwan
Reading Time: < 1 minuteVitalik Buterin, co-founder of Ethereum, was presented with Taiwan’s “golden card”, which provides him unrestricted entry into the country and the privilege of remaining in the country for more than 180 days.
WonderFi CEO: Canadian Institutions Are Interested in Cryptos
Reading Time: < 1 minuteCanadian financial companies and hedge funds have recently begun to take a closer look at the digital currency market.
A Bitcoin Wallet Moves 1,005 Bitcoins
Reading Time: < 1 minuteOn August 14, a blockchain researcher named Kirill Kretov drew attention to a transaction involving 1005 BTC mined in 2010, which had been credited to its original wallet 13 years ago.
North Korean Hackers Steal More Than $180M in 6 Months
Reading Time: < 1 minuteDuring the first half of 2023, North Korean hackers used a variety of exploits to steal a total of $180 million in different cryptocurrencies.
Donald Trump Said to Have Invested About $2.8M in ETH
Reading Time: < 1 minute
An independent organization has suggested that Donald Trump invested more than $2.8 million in Ether (ETH), despite former President Trump’s repeated accusations of cryptocurrency being used for criminal activities.
South Korean Metaverse ZTX Attracts $13M
Reading Time: < 1 minuteZepeto, in collaboration with venture capital firm Jump Crypto, has raised $13 million in seed funding for their ZTX metaverse project.
BitGo Raises $100M
Reading Time: < 1 minuteCrypto custodian BitGo has recently announced the closure of a $100 million funding round, which valued the company at $1.75 billion.
Singapore Publishes Regulatory Framework for Stablecoins
Reading Time: < 1 minuteThe Monetary Authority of Singapore has recently finalized new regulations for stablecoins. The framework’s goal is to ensure stable value for regulated stablecoins in Singapore.
CME BTC Futures Monthly Volumes Reach Highest Level in a Year
Reading Time: < 1 minuteIn July, CME Group recorded its highest monthly volumes of the year, amounting to $53.33 billion as of July 29.
Upbit Suspends CRV Deposits and Withdrawals
Reading Time: < 1 minuteUpbit has suspended deposits and withdrawals for Curve Finance’s token, CRV, after a reentrancy vulnerability was identified in some of its associated stablecoin pools.
Coca-Cola Launches NFT Collection on Ethereum Layer 2 Base
Reading Time: < 1 minuteCoca-Cola has introduced its “Masterpiece” NFT collection on Base, Coinbase’s Ethereum Layer 2 network.
Hacker Steals $47M from Curve Finance
Reading Time: < 1 minuteA person using an exploit in the Vyper program code was able to breach on July 30 DEX Curve Finance’ stablecoin pools, resulting in a withdrawal of approximately $47 million.
Germany Opens Investigation into Worldcoin
Reading Time: < 1 minuteBayLDA, the Bavarian State Data Protection Supervisory Authority, has been investigating the activities of Sam Altman’s Worldcoin project regarding the collection of biometric information since the end of 2022.
Human Rights Foundation Plans to Giveaway 20 BTCs
Reading Time: < 1 minuteThe Human Rights Foundation (HRF) has allocated 20 BTC (equivalent to approximately $600,000) to developers for their contribution in improving the Bitcoin protocol.
Arthur Hayes Believes Ethereum Could Reach $31,000
Reading Time: < 1 minuteArthur Hayes, co-founder of BitMEX, predicted in an article he published in early July that Bitcoin (BTC)’s price will skyrocket to $760,000.
User Moves 641 ETH Bought 8 Years Ago
Reading Time: < 1 minuteAn Ethereum Initial Coin Offering (ICO) address has moved 641 ETH for the first time in eight years, worth about $1.2 million.
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