CFTC Plans to Stop Kalshi Listing Election Prediction Contracts
Reading Time: < 1 minuteAfter a judge ruled against an order from the US Commodities and Futures Trading Commission (CFTC) prohibiting US regulated prediction marketplace Kalshi from offering prediction contracts for the 2024 election, the website proudly announced on its homepage:
Block’s Market Cap Exceeds Coinbase’s
Reading Time: < 1 minuteBlock, Inc., the parent company of various subsidiaries such as Square, has surpassed Coinbase in market capitalization for the first time since March.
Brad Garlinghouse: Japanese Yen Stablecoins Demand Will Increase
Reading Time: < 1 minuteRipple CEO Brad Garlinghouse expressed his belief that Japan is a promising market for stablecoins and that there will be a strong demand for a Japanese yen stablecoin.
German Memecoin OceanDoge Launches with a Focus on Ocean Preservation
Reading Time: 2 minutesFrankfurt, Germany, 9th September 2024, Chainwire
Market Update September 6
Reading Time: < 1 minuteOver the past week, the crypto market has experienced some significant price movements, with the two largest cryptocurrencies, Bitcoin and Ethereum, both seeing a decline.
Skyscanner Teams Up with Travala to Allow Bookings Through Crypto
Reading Time: < 1 minuteTravala platform, which operates on blockchain technology, has announced a partnership with Skyscanner, a leading global travel marketplace.
Visa and Santander to Take Part in Brazil’s CBDC Pilot
Reading Time: < 1 minuteThe second phase of the pilot, known as Drex, has received 42 proposals from the BCB and Brazil’s Securities and Exchange Commission (CVM), according to a statement from the bank. Through this phase, the BCB will supervise 11 projects, while the CVM will monitor two.
More Than 600 Crypto ATMs Become Unavailable in 2 Months: Report
Reading Time: < 1 minuteIn the first two months of the third quarter in 2024, over 600 Bitcoin ATMs worldwide have gone offline.
CUBE3.AI Unveils AI-Driven Technology to Detect and Block Rising Tide of New Scams and Fraud
Reading Time: 3 minutesPalo Alto, California, United States, 5th September 2024, Chainwire
Market Update September 5
Reading Time: < 1 minuteThe cryptocurrency market has been on a relatively stable trajectory over the past day, with most major coins experiencing minimal fluctuations in their price.
Texas Fed Issues Cease and Desist Order Against a Crypto Bank
Reading Time: < 1 minuteAccording to the Federal Reserve, United Texas Bank, which has connections to the cryptocurrency industry, was found to have “significant deficiencies” related to its handling of crypto customers and risk management.
Robinhood Pays $3.9 Million to Settle California DOJ Investigation
Reading Time: < 1 minuteRobinhood Crypto’s past practices have resulted in a $3.9 million penalty as the company failed to allow customers to withdraw cryptocurrency between the years 2018 to 2022.
Swiss Bank ZKB Starts Offering Bitcoin and Ether Trading
Reading Time: < 1 minuteZurich Cantonal Bank, one of Switzerland’s largest banks, has started to offer cryptocurrency trading to its customers
BC.GAME Unveils Brand Upgrade to Enhance Its iGaming Platform
Reading Time: 2 minutesWILLEMSTAD, Curacao, 4th September 2024, Chainwire
Market Update September 4
Reading Time: < 1 minuteOver the past 24 hours, the crypto market has seen some significant price movements.
Bitcoin ETFs’ Daily Net Outflows Reach $287M
Reading Time: < 1 minuteBitcoin ETFs listed in the US on Monday experienced a tough day as concerns about economic growth and a drop in Nvidia’s stock (NVDA) caused a decline in market sentiment.
Bitcoin’s Hashrate Hits an All-time High
Reading Time: < 1 minuteThe combined computing power used to secure the Bitcoin network, known as the hashrate, reached a record high of over 742 exahashes per second (EH/s) on September 1.
Hackers Steal $27M from Penpie Protocol
Reading Time: < 1 minuteOn Sept. 3, 2024, The Penpie Protocol, a decentralized finance platform built on top of Pendle, fell victim to an exploit and lost $27 million of client funds as of the time of writing.
Market Update September 3
Reading Time: < 1 minuteSome of the top cryptocurrencies yesterday saw positive gains while others experienced minor dips. Bitcoin saw a 2.83% increase in price, bringing it to $59,044.74.
Japanese Company Metaplanet Partners with SBI VC Trade to Offer Custody Services
Reading Time: < 1 minuteMetaplanet, a Japanese investment advisor, has announced that they have chosen SBI VC Trade to handle their custody services.
South Korean Firms SK and Hana Join Forces with BitGo
Reading Time: < 1 minuteDigital asset custody company BitGo has announced the addition of South Korea’s top telecommunications company SK Telecom and leading financial institution Hana Financial as major shareholders and strategic partners of its regional branch.
WazirX Hacker Moves $6M in ETH to Crypto Mixer Tornado Cash
Reading Time: < 1 minuteThe hacker who stole more than $235 million from the Indian crypto exchange WazirX has just moved $6.5 million worth of funds through the crypto mixer Tornado Cash.
Market Update September 2
Reading Time: < 1 minuteThe cryptocurrency market experienced a slight downturn yesterday, with Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, both declining.
Cardano Activates its Chang Hard Fork
Reading Time: < 1 minuteThe highly anticipated “Chang” upgrade for Cardano, a layer-1 blockchain created in 2017 by Charles Hoskinson, co-founder of Ethereum, was activated on Sunday.
Number of Bitcoin Whales Hits Highest Level in 17 Months
Reading Time: < 1 minuteThe number of Bitcoin wallets with a balance of 100 BTC or more has reached its highest point in 17 months, following a spike in holding over the past month.





















