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Category: News

News

Bitcoin Layer-2 Rollups Face Sustainability Issues: Galaxy Research

A Galaxy Research report has raised concerns about the sustainability of Bitcoin Layer-2 (L2) ...

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US $35 Trillion Debt Sparks Bitcoin Debate As Safe Haven

A significant portion of the $35 trillion US national debt is linked to inflation ...

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Genesis Restructures Post-Bankruptcy, Distributes $4B Crypto and Cash

Genesis Global has completed its restructuring process after filing for bankruptcy in January 2023 ...

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MicroStrategy Boosts Bitcoin Holdings to 226.5K

MicroStrategy acquired 12,222 bitcoins for $805.2 million in Q2, bringing its total to 226,500 ...

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Tether Nets $5.2 Billion Profit in H1 2024

Tether, the world’s largest stablecoin issuer, reported a record $5.2 billion profit for the ...

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Russia Pushes to Legalize Crypto Payments Amid Sanctions

According to a Bloomberg report, Russia will soon legalize cryptocurrency payments to address difficulties ...

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Fidelity’s Bitcoin ETF Makes London Debut

Fidelity has launched its Bitcoin exchange-traded product (ETP) in London, charging 0.35% in ongoing ...

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Ethereum Celebrates 9th Anniversary Amid Debate

On July 30, 2024, Ethereum celebrates its ninth anniversary. Co-creator Vitalik Buterin marked the ...

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SEC to Amend Binance Complaint, Avoids Third-Party Crypto Ruling

The SEC plans to amend its complaint against Binance, potentially avoiding the need for ...

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Justin Sun Urges China to Reassess Crypto Policy

Tron founder Justin Sun has urged China to adopt more crypto-friendly policies following former ...

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US Gov Transfers $2 Billion in Seized Bitcoin: Arkham Data

The U.S. government transferred nearly $2 billion worth of Bitcoin (28,000 BTC) to an ...

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Fed Ends Actions Against Silvergate Bank Amid Legal Issues

On July 26, the Federal Reserve Board lifted all enforcement actions against Silvergate Bank ...

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WazirX Restarts Trading with Partial User Funds

WazirX, India’s largest crypto exchange, announced plans to resume operations after a user poll ...

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CFTC Scores $31 Million in Crypto Fraud Fine

The US Commodity Futures Trading Commission (CFTC) has won a major legal victory against ...

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Ethereum Foundation Moves $290M in ETH After 7 Years

A wallet associated with the Ethereum Foundation transferred 92,500 ETH, worth $294.9 million, after ...

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Michigan Pension Fund Invests in Bitcoin

Michigan has invested $6.6 million in Bitcoin through the ARK 21 Shares Bitcoin ETF ...

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Coinbase UK Fined $4.5M for High-Risk Customer Ban Violation

Coinbase’s UK unit, CB Payments Limited (CBPL), was fined $4.5 million by the UK ...

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US Government Transfers $4 Million in Seized Bitcoins to Coinbase

The US government transferred 58.742 BTC, worth nearly $4 million, to Coinbase on Monday. ...

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Ethereum Holders Surpass ETF Inflows with 113,000 ETH

Ether has struggled to gain upward momentum, dropping nearly 2% to hover around $3,460, ...

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Ethereum ETF Holdings: Bitwise Shares ENS Addresses

Bitwise’s ETHW is launching as one of several spot Ethereum ETFs in the U.S. ...

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Asia’s First Bitcoin Inverse Futures Debut in Hong Kong

On July 23, Hong Kong will launch Asia’s first Bitcoin futures inverse product, the ...

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