Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Dubai Tightens Crypto Marketing Regulations
Reading Time: < 1 minuteDubai’s crypto regulation just got stricter with the introduction of new Marketing Regulations for Virtual Assets and Related Activities 2024 by the Dubai Virtual Assets Regulatory Authority (VARA).
Robinhood and Revolut Considering Launch of its Own Stablecoin
Reading Time: < 1 minuteFintech giants Robinhood and Revolut are considering launching a stablecoin.
Kamala Harris: US Should Be Dominant in Blockchain
Reading Time: < 1 minuteHarris stated that her administration would invest in biomanufacturing and aerospace, and continue to lead in areas such as AI, quantum computing, and blockchain.
Inflation Data Platform Truflation Suffers Hacker Attack
Reading Time: < 1 minuteA blockchain-based platform for tracking inflation, Truflation, has confirmed that it was targeted by a malware attack which resulted in an estimated loss of $5.2 million.
PayPal Allows US Business Accounts to Buy, Sell and Hold Cryptocurrencies
Reading Time: < 1 minutePayPal has recently made a major announcement allowing businesses in the US to directly buy, hold, sell, and transfer cryptocurrencies, all from their business accounts.
BNY to Offer Custody Services for Crypto ETFs
Reading Time: < 1 minuteBNY Mellon (BNY) is making progress in offering custody services for its clients’ Bitcoin and Ether ETFs.
BlackRock’s Head of Crypto: Bitcoin Is Not a Risk-on Asset
Reading Time: < 1 minuteBlackRock’s head of digital assets, Robbie Mitchnick, believes that Bitcoin has been unfairly categorized as a “risk-on” asset.
TrustToken and TrueCoin Settle Charges with SEC
Reading Time: < 1 minuteThe SEC has announced that they have reached a settlement with crypto companies Trusttoken Inc. and Truecoin LLC regarding charges of fraudulent misrepresentations and unregistered sales related to the stablecoin trueusd (TUSD).
Crypto Firms Bitfarms and Riot Platforms Reach an Agreement
Reading Time: < 1 minuteA joint settlement agreement has been reached between rival Bitcoin mining companies, Riot Platforms and Bitfarms, effectively ending Riot’s attempted hostile takeover.
Crypto ETFs Receive $321M
Reading Time: < 1 minuteCrypto exchange-traded funds (ETFs) saw an increase in inflows for the second week in a row, with a total of $321 million.
Polymarket May Launch a Token
Reading Time: < 1 minutePolymarket is considering launching a token worth more than $50 million to support their crypto betting platform.
Transaction Fees on Ethereum Network Surge
Reading Time: < 1 minuteThe average transaction fee on Ethereum has increased in recent weeks.
The IMF Issues Framework on CBDCs
Reading Time: < 1 minuteA guide has been released by staff members of the International Monetary Fund (IMF) for policymakers and banking institutions to promote the use of central bank digital currencies (CBDCs) worldwide.
Kamala Harris Promises to Support Crypto Industry
Reading Time: < 1 minuteKamala Harris declared on Sunday that her administration would prioritize the development of digital assets and artificial intelligence (AI) if she wins the presidency.
Terraform Labs Receives Approval to Shut Down Operations
Reading Time: < 1 minuteTerraform Labs was granted court approval to dissolve its operations in bankruptcy yesterday.
Germany Shuts Down 47 Crypto Exchanges
Reading Time: < 1 minuteThe German government has closed down 47 cryptocurrency exchanges, accusing them of facilitating an illicit economy for cybercriminals to thrive in.
BingX Loses $43M in Hacker Attack
Reading Time: < 1 minuteBingX, a cryptocurrency exchange based in Singapore, has acknowledged that it experienced a loss of assets after noticing unusual outflows from its hot wallet on Sept. 20.
Silvergate Capital Files for Bankruptcy
Reading Time: < 1 minuteSilvergate Capital Corporation has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware.
Solana Unveils its New Smartphone
Reading Time: < 1 minuteSolana has recently unveiled its latest smartphone, the “Seeker,” which will not solely rely on free memecoins.
Revolut Plans to Issue its Own Stablecoin
Reading Time: < 1 minuteFintech company Revolut plans to launch its own stablecoin.
CleanSpark Purchases 2 Mining Sites in Mississippi
Reading Time: < 1 minuteBitcoin miner CleanSpark has recently acquired two Bitcoin mining sites and accompanying land in Clinton, Mississippi, with a combined purchase price of $5.775 million.
Circle Launches USDC on Sui Network
Reading Time: < 1 minuteThe CEO of USDC issuer Circle, Jeremy Allaire, has announced that USD Coin (USDC) will soon be available on the layer-1 (L1) blockchain Sui network.
Australia’s Central Bank Starts Wholesale CBDC Program
Reading Time: < 1 minuteThe RBA has announced that it will be focusing on launching a wholesale CBDC rather than pursuing a retail CBDC in the near future.
Trump’s World Liberty Financial to Launch a Token
Reading Time: < 1 minuteThe team members responsible for the World Liberty Financial crypto project, which has been endorsed by former President Donald Trump and his sons, has confirmed their plans to launch a governance token called WLFI.
Fed’s Rate Cut Will Boost Bitcoin: Bitwise
Reading Time: < 1 minuteThere is widespread anticipation that the US Federal Reserve will make its first benchmark rate cut in four years this week, leading to speculation about the potential size and impact of the cut on risk assets such as Bitcoin.
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