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Binance mulls exiting Russian market
28/08/2023

Binance mulls exiting Russian market

Binance could leave the Russian market following controversies around its in the region, the Wall Street Journal reprted on Aug. 28. In a statement quoted by the newspaper, one Binance representative said that “all options are on the table,...

Republican lawmakers object to Fed’s proposed crypto, stablecoin rules
28/08/2023

Republican lawmakers object to Fed’s proposed crypto, stablecoin rules

Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill,...

SEC charges Impact Theory for ‘unregistered NFT offering,’ expanding enforcement actions to NFT market
28/08/2023

SEC charges Impact Theory for ‘unregistered NFT offering,’ expanding enforcement actions to NFT market

The Securities and Exchange Commission (SEC) charged LA-based media and entertainment firm Impact Theory with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). According to an official press release by the SEC, the...

Amid volatility, Bitcoin options open interest leapt over futures
28/08/2023

Amid volatility, Bitcoin options open interest leapt over futures

Quick Take A significant shift in the Bitcoin derivatives market has been observed, with Bitcoin Options Open Interest (OOI) surpassing Futures Open Interest (FOI) for the first time in the quarter. This shift, marked by an OOI of 395k...

BlackRock’s Bitcoin strategy involves investments in top mining companies
28/08/2023

BlackRock’s Bitcoin strategy involves investments in top mining companies

The world’s largest asset manager, BlackRock, is increasing its exposure to Bitcoin by investing in the top five miners of the flagship digital asset. According to the CompaniesMarketCap index, the top five Bitcoin miners are Riot Platforms, worth $1.92...

$265M in BTC Withdrawn from Binance in 2018 Suspected of Money Laundering
28/08/2023

$265M in BTC Withdrawn from Binance in 2018 Suspected of Money Laundering

A Bitcoin address, 1EU2pMence1UfifCco2UHJCdoqorAtpT7, has been accused of laundering $265 million through Bitcoin mixers. The transactions, which were all on-chain, have sparked debate among crypto enthusiasts. (Read More)

Animoca Brands Reports US$402 Million Bookings for 2022
28/08/2023

Animoca Brands Reports US$402 Million Bookings for 2022

Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio. (Read More)

Breaking: Key US House Committee Leaders Challenges Federal Reserve on Stablecoin
28/08/2023

Breaking: Key US House Committee Leaders Challenges Federal Reserve on Stablecoin

The House Financial Services Committee is concerned about the Federal Reserve Board's recent regulatory actions on payment stablecoins, arguing they could hinder Congress's digital asset framework, impose additional regulatory burdens, and potentially cause financial repercussions. (Read More)

The SEC’s Impact Theory on NFTs: A Deep Dive into the Impact Theory Case
28/08/2023

The SEC’s Impact Theory on NFTs: A Deep Dive into the Impact Theory Case

The SEC’s Stance on NFTs: A Deep Dive into the Impact Theory Case In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has moved to crack down on what it perceives as irregularities in the crypto space....

Chainalysis Investigations Lead Is ‘Unaware’ of Scientific Evidence the Surveillance Software Works
28/08/2023

Chainalysis Investigations Lead Is ‘Unaware’ of Scientific Evidence the Surveillance Software Works

Chainalysis' head of investigations doesn't seem to have a great understanding of whether her company's flagship software even works. Elizabeth Bisbee, head of investigations at Chainalysis Government Solutions, testified she was “unaware” of scientific evidence for the accuracy of...

1Inch buys $10M Ethereum after major fund withdrawal from crypto investment fund
28/08/2023

1Inch buys $10M Ethereum after major fund withdrawal from crypto investment fund

DEX aggregator 1Inch withdrew over $40 million worth of cryptocurrencies from its investment fund and purchased $10 million worth of Ethereum during the early hours of Aug. 28 at an average price of $1650, according to Etherscan data. A...

Rocket Pool GMC Treasury Considers USDC Diversification to Stabilize $RPL Value
28/08/2023

Rocket Pool GMC Treasury Considers USDC Diversification to Stabilize $RPL Value

Rocket Pool's GMC plans to convert 20% of monthly inflow payments to USDC starting September, aiming to attract a diverse applicant pool despite challenges in optimal allocation strategy. (Read More)

Tomorrowland’s Web3 Success: A Paradigm Shift in Festival Engagement Through NFTs
28/08/2023

Tomorrowland’s Web3 Success: A Paradigm Shift in Festival Engagement Through NFTs

In the burgeoning landscape of blockchain and Web3, few have managed to harmonize technology and experiential moments as effectively as Tomorrowland. With a remarkable $2.2 million revenue from its NFT sales, Tomorrowland has not only demonstrated a tangible economic...

Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace
28/08/2023

Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace

Bitrace, a blockchain analytics firm, revealed that 115 billion USDT was involved in illegal cryptocurrency activities in Southeast Asia in 2022, highlighting the transparency of blockchain ledgers. (Read More)

The Pioneering Luxury NFT Journey of Mercedes&Benz NXT Icons
28/08/2023

The Pioneering Luxury NFT Journey of Mercedes&Benz NXT Icons

With the advancement of technology and the rise of blockchain, leading brands like Mercedes-Benz are carving out a niche for themselves in the Non-Fungible Token (NFT) market. Enter Mercedes-Benz NXT Icons, a revolutionary step in digitizing the brand’s historic...

The Newest Bitcoin Magazine Is Now On Sale
28/08/2023

The Newest Bitcoin Magazine Is Now On Sale

Buy the new print edition Bitcoin Magazine before supplies run out.

How My Life In The Former Yugoslavia Led Me To Bitcoin
28/08/2023

How My Life In The Former Yugoslavia Led Me To Bitcoin

Life in the Socialist Federal Republic of Yugoslavia, which saw war, sanctions and hyperinflation, demonstrated the need for sovereign money.

Balancer suffers breach despite prior warnings; TVL falls $164M
28/08/2023

Balancer suffers breach despite prior warnings; TVL falls $164M

Decentralized exchange Balancer confirmed that its V2 pools were exploited for an undisclosed sum despite its previous warning about vulnerabilities. In an Aug. 27 post on its official X account, the Ethereum-based protocol revealed that its mitigation procedure was...

Bitcoin sees minor sell off after US payroll data beats expectations
06/08/2022

Bitcoin sees minor sell off after US payroll data beats expectations

The U.S Bureau of Labor Statistics (BLS) released its nonfarm payroll showing employment had increased by 528,000 in July. The post Bitcoin sees minor sell off after US payroll data beats expectations appeared first on CryptoSlate.

India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe
06/08/2022

India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe

India’s Enforcement Directorate (ED) has ordered the freeze of a WazirX bank account with Rs 64.67 crore (roughly $8.1 million) in connection with a money laundering investigation, IndiaToday reported August 5. The post India freezes 64.67 crore ($8.1M) of...

Research: 65% of Bitcoin’s circulating supply has not moved in the last 12 months
06/08/2022

Research: 65% of Bitcoin’s circulating supply has not moved in the last 12 months

The notion that an active market is healthy isn’t always true. The post Research: 65% of Bitcoin’s circulating supply has not moved in the last 12 months appeared first on CryptoSlate.

Crypto Exchange Blockchain.Com Joins Exchanges in Italy
05/08/2022

Crypto Exchange Blockchain.Com Joins Exchanges in Italy

Blockchain.com said the registration is an important part of its global plans to provide services across Europe and across the world, as the exchange just get approval from the Italian regulator. (Read More)

Bakkt: Nearly 50% of gig workers open to getting paid in crypto
05/08/2022

Bakkt: Nearly 50% of gig workers open to getting paid in crypto

Bakkt’s study carried out in June and July found that 38% of gig workers… The post Bakkt: Nearly 50% of gig workers open to getting paid in crypto appeared first on CoinJournal.

Senator Warren takes aim at changing rules on crypto offerings from banks
05/08/2022

Senator Warren takes aim at changing rules on crypto offerings from banks

Senator Elizabeth Warren (D-Mass.) is circulating a letter among her Senate colleagues that would withdraw legal guidance for banks holding and trading cryptocurrencies, Bloomberg News reported August 4. The post Senator Warren takes aim at changing rules on crypto...

2 metrics signal the $1.1T crypto market cap resistance will hold
05/08/2022

2 metrics signal the $1.1T crypto market cap resistance will hold

Despite a handful of the top-80 coins gaining 12% or more over the past week, Tether's premium in Asia and futures markets activity show buyers lacking confidence.

Binance never completed the WazirX acquisition, CZ says
05/08/2022

Binance never completed the WazirX acquisition, CZ says

Binance CEO Changpeng Zhao has said that the global cryptocurrency exchange “never completed” the… The post Binance never completed the WazirX acquisition, CZ says appeared first on CoinJournal.

Voyager users to have withdrawal access by Aug. 11
05/08/2022

Voyager users to have withdrawal access by Aug. 11

Embattled crypto lender Voyager Digital has revealed that its users could have access to their funds from August 11. The post Voyager users to have withdrawal access by Aug. 11 appeared first on CryptoSlate.

Coinbase facing class-action lawsuit amidst SEC investigation
05/08/2022

Coinbase facing class-action lawsuit amidst SEC investigation

Coinbase is faced with more legal battles as two law firms have filed a lawsuit against the company amidst an ongoing investigation by the SEC. The post Coinbase facing class-action lawsuit amidst SEC investigation appeared first on CryptoSlate.

Cardano Vasil hard fork hit with another delay for several weeks
05/08/2022

Cardano Vasil hard fork hit with another delay for several weeks

The Vasil hard fork was originally scheduled to go live in June, but teams behind the Cardano blockchain development have prioritized a smooth network transition.

Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
05/08/2022

Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move.

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