Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
MicroStrategy Plans to Raise $700M to Buy Additional Bitcoin
Reading Time: < 1 minuteMicroStrategy has recently announced that it will raise $700 million through a new debt offering of convertible senior notes, which are set to mature in 2028.
Sam Bankman-Fried Demands a New Trial
Reading Time: < 1 minuteFTX founder Sam Bankman-Fried has officially contested his conviction for fraud by appealing for a new trial.
CFTC: Prediction Markets Are Vulnerable to Manipulation
Reading Time: < 1 minuteThe CFTC is making another attempt to halt Kalshi from offering prediction markets on the upcoming November elections after losing its first case against the company.
US Lawmakers Urge Crypto ATM Operators to Protect Senior Users
Reading Time: < 1 minuteA group of Democratic Senators has sent a request to 10 of the largest crypto ATM operators in the United States to address fraud and protect senior citizens.
eToro Settles Charges with SEC
Reading Time: < 1 minuteeToro yesterday agreed to settle charges from the US Securities and Exchange Commission for operating without proper registration as a broker and clearing agency.
Donald Trump to Launch its Crypto Initiative World Liberty Financial
Reading Time: < 1 minuteOn Thursday afternoon, Republican presidential candidate Donald Trump revealed the official launch date of his much-anticipated crypto project, World Liberty Financial.
Spot Bitcoin ETFs Take in $39.02M
Reading Time: < 1 minuteAs per data from SoSoValue, the 12 different Bitcoin exchange-traded funds (ETFs) recorded a total of $39.02 million in net inflows, a change from the $43.97 million outflows that were […]
EU: Stablecoin Standards to Become Official This Year
Reading Time: < 1 minuteBy the end of the year, the European Banking Authority (EBA) will officially release standards for stablecoin issuers like Tether and Circle to operate in the European Union.
Spot Bitcoin ETFs Lose $43M in a Day
Reading Time: < 1 minuteBitcoin exchange-traded funds in the United States experienced a total daily net outflow of $43.97 million on Wednesday, breaking a positive falow streak that had lasted two days.
Crypto Activity This Year Surpasses’ 2021 Record: Report
Reading Time: < 1 minuteCryptocurrency users worldwide have been increasingly active in 2024, leading to a major milestone being surpassed that was first reached during the 2021 market surge.
tZero Approved by SEC and FINRA to Operate as a Digital Asset SPBD
Reading Time: < 1 minutetZero Digital Asset Securities has been approved by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) to serve as a specialized broker-dealer for digital asset securities in the United States.
SEC Receives $7.4 Billion from Fines on Crypto Industry
Reading Time: < 1 minuteA recent study by digital assets analytics firm Social Capital Markets revealed that since 2013, the crypto industry has been fined a total of $7.4 billion.
Bitcoin Miner Wins $180,000 Reward After Solving a Block
Reading Time: < 1 minuteOne individual Bitcoin miner has accomplished a rare achievement by solving a block on their own, earning them approximately $180,000.
US Spot Bitcoin ETFs’ Daily Inflows Reach $28.7M
Reading Time: < 1 minuteSince August 27, Bitcoin ETFs have been experiencing losses, but Monday saw the first day of net inflows in September.
Metaplanet Acquires $2M in Bitcoin
Reading Time: < 1 minuteJapanese investment firm Metaplanet Inc. has announced it has acquired an additional 38.464 Bitcoin, totaling around 300 million yen ($2 million) in value.
FTX Reaches a Settlement with Emergent
Reading Time: < 1 minuteInsolvent cryptocurrency exchange FTX has reached a settlement with Emergent Technologies, founded by Sam Bankman-Fried, over the ownership of more than $600 million worth of Robinhood shares.
Japanese Energy Company TEPCO to Venture into Green Mining
Reading Time: < 1 minuteA subsidiary of TEPCO, a Tokyo-based company, is venturing into Bitcoin mining with the goal of using renewable energy that would otherwise go to waste.
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.
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.
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.
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