Weekly transactions on Cryptonica reach $10 million
Access to digital assets is facilitated by Cryptonica’s network of 6,000 ATMs, which is spread across 22 nations. Sixty-two percent of these ATM transactions utilize Bitcoin. Bitcoin (btc -4.57%), with…
A $2.2 billion options expiry may cause the price of bitcoin to stabilize, economists warn
The monthly expiry of over $2.2 billion is scheduled to take place on August 2, and Bitfinex analysts forecast in a note that they foresee potential further downward pressure on…
QCP Capital analysts claim that cryptocurrency needs a “more significant catalyst” than Trump’s statement on bitcoin in 2024
For the cryptocurrency market to have a significant breakout, economists believe there needs to be a bigger catalyst than former US President Donald Trump’s Bitcoin BTC -3.92% 2024 statement. Trump’s…
WazirX receives criticism for its “socialized loss strategy” following a $230 million scam
After revealing on Saturday that it would implement a socialized loss policy in the wake of the security breach on July 18 that cost it around $230 million, or 45%…
The proposed fee switch by AAVE causes the AAVE coin to surge significantly
The founder of one of the leading independent companies offering Aave services (AAVE +2.76% DAO), Marc Zeller, released a temperature check on Thursday, July 25, regarding a new Aave governance…
Artists sue SEC, citing Taylor Swift tickets as evidence, questioning whether NFTs are securities
In order to determine if non-fungible tokens are under the purview of the U.S. Securities and Exchange Commission, two NFT artists filed a lawsuit against the agency. In the U.S….
China’s Crypto Ban is contested by Justin Sun as the US Gets Ready for Crypto Leadership
Amid US political shifts, Justin Sun calls on China to reconsider its ban on cryptocurrencies In a recent article on X, TRON DAO founder Justin Sun urged China to develop…
Explained: WazirX Poll’s Effect on Users, Tax Consequences, and Withdrawal Limits
After a big hack, customers have two alternatives to partially restore access to their cash, according to the most recent WazirX poll. These alternatives, their effects on users, the tax…
ClickCity: A New Era in Real Estate Investment Gaming is Introduced by Lufina
To celebrate the first exchange listings of its FINA token, Lufina, a leader in real estate investment through tokenization, has announced the release of ClickCity, a cutting-edge tap-to-earn game. Players…
The Audacious Launch of Illuvium: Three Connected Web3 Games
Just four years old, Illuvium is a firm that has boldly ventured into the gaming industry with the release of three separate but related Web3 games. Illuvium hopes to establish…
Saylor of MicroStrategy claims that the nation that purchases Bitcoin first by issuing money ‘wins’
Michael Saylor, executive chairman of MicroStrategy, claimed that Bitcoin might assist in resolving half of the world’s economic issues, particularly for nations facing difficulties as a result of growing national…
Lummis proposes legislation to create a strategic reserve of one million Bitcoins for the United States
A new bill introduced by Senator Cynthia Lummis seeks to create a strategic reserve of at least one million Bitcoins (BTC) for the United States, which represents 5% of the…
Bitcoin2024 is dominated by Trump and “Bitcoin Season 2”
At the world’s largest Bitcoin conference, Coin2024, more than 20,000 enthusiasts have descended upon Nashville, Tennessee. As dapp developers and politicians prowl the hallways, it’s evident that the world’s largest…
ArcadeXYZ Secures $450,000 in NFTs from Ringers
On July 24, Dmitri Cherniak collateralized $450,000 worth of NFT collection Ringers with Arcade.XYZ, a non-fungible token (NFT) based lending system. The loan is set up with a $16,000 principal…
Speaking at Bitcoin2024, Trump declares that Gary Gensler will be fired immediately
Donald Trump declared on the last day of Bitcoin2024 that he will remove Gary Gensler’s leadership at the Securities and Exchange Commission (SEC), a government organization that is well-known for…
Bitcoin’s 7-Day Hashrate Average Exceeds the Peak on May 25 and Breaks the Record with 677 EH/s
Bitcoin Hashrate Sets New Highs This week has seen new highs for Bitcoin’s hashrate, which has coincided with a rise in the price of the top cryptocurrency asset during the…
Ledger updates its product line and introduces its newest hardware wallet
Ledger, a crypto security company, made the announcement of Ledger Flex, its newest hardware product, live at the Bitcoin BTC +1.93% 2024 conference in Nashville, Tennessee. The new gadget, like…
Mezo, a Bitcoin scaling network, has raised an additional $7.5 million
The Bitcoin BTC +1.93% scaling network Mezo was developed by Thesis, a startup studio, and has raised $7.5 million in a strategic investment round led by Ledger Cathay Fund. Thesis…
Whale approves a $24 million Compound Finance plan over DAO protests
We are excited to assist in realizing Bitcoin’s full potential and to keep bridging the divide between conventional finance and digital assets, said Lutnick in the release. Community members have…
CEO of Cantor Fitzgerald announces $2 billion Bitcoin financing program
At the Bitcoin 2024 conference in Nashville, Tennessee, on July 27, Howard Lutnick, the company’s chairman and CEO, made the announcement. With $13.2 billion in assets under management, Cantor is…