Bitcoin Fees Spike 10x as Network Strains
Bitcoin transaction fees skyrocketed on August 22, with the average cost per transaction surging by a staggering 937.7%, rising from $0.74 to…
Australia Wins Case Against Bit Trade
The Australian Securities and Investments Commission (ASIC) has won the court case against Kraken’s operator, Bit Trade, for failing to comply…
Russia plans to launch Crypto Exchanges
A Kommersant report noted that Russia might consider creating at least two crypto exchanges to support foreign economic activity. According to…
Blue-Chip NFTs Rise as Crypto Market Stagnates
Sales of blue-chip NFT collections have seen an uptick, with the number of buyers and sellers surging over the past week. Investors are…
India Demands $86M Tax From Binance
As Binance returns to India on its 78th Independence Day, it faces an $86 million tax demand from Indian authorities. Indian authorities have…
Binance Blocks $2.4B in Fraud Tries
Binance has successfully prevented potential user losses of over $2.4 billion in the first seven months of 2024. In the first seven months of…
Ledn Gets $50M Bitcoin-Backed Loan From Sygnum Bank
The Swiss banking group Sygnum has provided a $50 million syndicated loan to the cryptocurrency lending platform Ledn. The loan will enhance…
Flamingo Finance Details $5M Hack, Recovery Plan
Flamingo Finance released a post-mortem to address the recent $5 million Poly Network exploit. Following a significant security compromise,…
New Bitcoin Users Signal Retail Comeback
A recent increase in new Bitcoin addresses being established daily suggests that retail investors may be returning to the cryptocurrency…
Bitfarms Earnings Mixed, Stock Jumps 20%
Bitcoin mining company Bitfarms has experienced a surprising surge in its stock price, rising 20% despite reporting a mixed financial…
Tether to Hire 200 for Compliance Push
By mid-2025, Tether, a stablecoin issuer, intends to double its personnel to broaden its financial potential and compliance. According to CEO…
Ex-PayPal President Endorses Trump
On Wednesday, David Marcus, the current CEO of Lightspark and former president of PayPal, expressed his support for the re-election of former…
Argentina Crypto Exchanges Forced to Obtain Permits
In a move that will apply to both “individuals and legal entities,” Argentina’s top financial regulator has mandated that…
WazirX Finds No Hacked Signer Machines
There was no evidence of compromise within the infrastructure during a preliminary investigation into the $235 million WazirX cryptocurrency…
Proton Launches Self-Custody Bitcoin Wallet
Privacy and security email firm Proton has unveiled the Proton Wallet, a self-custody Bitcoin-only wallet allowing users to hold digital…
Mt. Gox Pays Out $2.47B in Bitcoin
Arkham Intelligence said Mt. Gox transferred 37,477 bitcoins (equivalent to $2.47b) from a cold wallet to an undisclosed address on Wednesday.…
Binance Labs Invests in Catizen on Telegram
Binance Labs, a prominent cryptocurrency investment fund, has announced a new project it invested in, Catizen, the #1 gameplay on Telegram.…
Ferrari Adds Crypto Pay in Europe After US Debut
Starting this month, Ferrari intends to expand its European dealership network to include crypto payment options for prestige sports cars. The…
Singapore OKs Crypto Custodian Hex Trust
Hex Trust, a digital asset custodian, has been recognized as the most recent entity to receive in-principle approval for a Major Payment…
Toyota Considers Ethereum for Car Digital Accounts
Toyota, a Japanese automotive behemoth, is contemplating the utilization of the Ethereum blockchain to develop a Mobility-Oriented Account…