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Crypto exchange OKX permanently burns 279 million OKB tokens worth $26 billion: onchain data
The permanent removal of a substantial number of tokens by the crypto platform has significantly reduced the overall supply, potentially impacting the market value and liquidity of...
Read Full Article →Hong Kong regulator tightens custody standards for crypto exchanges amid rising global risks
The updated regulations require enhanced management accountability, improved cold storage systems, stricter third-party wallet controls, and continuous security surveillance, aimin...
Read Full Article →Spot Ethereum ETFs log $639 million in inflows, extending positive streak to 8 days
U.S.-based spot Ethereum exchange-traded funds saw a net investment increase of $639.6 million on Thursday, marking their eighth consecutive day of positive capital accumulation.
Read Full Article →Nasdaq-listed Bit Digital reports Q2 revenue drop amid pivot to Ethereum treasury strategy
Bit Digital experienced an 11.7% decline in second-quarter revenue compared to last year, generating $25.7 million as the company shifts its focus toward an Ethereum-based treasury...
Read Full Article →Ethereum treasury firm BTCS now holds 70,140 ETH worth over $321 million
BTCS’s substantial accumulation of Ethereum assets contributes to its remarkable revenue growth, demonstrating a significant positive impact on the company’s financial performance...
Read Full Article →US SEC delays decision on Solana ETF proposals from Bitwise and 21Shares to October
The postponement by the regulatory agency on Solana fund applications may impact investment opportunities and market strategies related to this cryptocurrency in the coming months.
Read Full Article →David Bailey’s Nakamoto and KindlyMD close merger for Bitcoin treasury
The combination of these two firms highlights an increasing corporate interest in holding Bitcoin as part of their financial reserves, reflecting a broader movement among businesse...
Read Full Article →US Justice Department unseals warrant to seize millions in crypto from alleged ransomeware operator
The recent legal action enables authorities to confiscate a substantial amount of digital assets linked to criminal activity, potentially disrupting illicit financial flows and imp...
Read Full Article →Bitcoin miner TeraWulf shares jump 50% after Google secures 8% stake as part of $3.7 billion 10-year...
The investment by a major technology company in TeraWulf highlights growing interest in advanced computing projects, potentially increasing the miner’s market value as new infrastr...
Read Full Article →Bitcoin Layer 2 Bitlayer raises additional $5 million in oversubscribed public token rounds on decen...
Bitlayer Labs secured $5 million through a highly demanded public token sale on decentralized platforms, highlighting investor interest in its innovative Bitcoin Layer 2 network ut...
Read Full Article →The Daily: Bessent says govt won’t buy bitcoin for strategic reserve, Ethereum ICO whale sells anoth...
The government’s decision not to acquire digital currency for its strategic holdings, combined with significant sales of Ethereum by major investors, could influence market liquidi...
Read Full Article →Four people who ransomed Brazilian mother for Bitcoin arrested: reports
The arrest of individuals involved in a ransom case highlights the increasing use of cryptocurrency, such as Bitcoin, in criminal activities and its impact on financial security an...
Read Full Article →‘Self-dealing, dressed up as capital deployment’: Crypto treasury craze divides the industry
The increasing trend of managing digital asset reserves has sparked debate over potential conflicts of interest and ethical challenges, highlighting important financial implication...
Read Full Article →Crypto exchange Gemini launches wallet and onchain dashboard for trading and investing
Gemini's introduction of a self-custody wallet and onchain trading platform aims to diversify its services and potentially boost user engagement amidst stagnant centralized exchang...
Read Full Article →Crypto liquidations hit $1 billion after hotter-than-expected PPI inflation shock
The unexpected rise in producer prices triggered over $1 billion in cryptocurrency sell-offs, while market expectations continue to favor a potential interest rate reduction by the...
Read Full Article →US Treasury Secretary Bessent says government won’t buy bitcoin for strategic reserve but will retai...
The government plans to keep its bitcoin holdings, valued between $15 and $20 billion, without making new purchases, highlighting a cautious approach amid declining cryptocurrency...
Read Full Article →Coinbase completes $2.9 billion cash-and-stock acquisition of Deribit
The $2.9 billion deal combining cash and stock marks a major investment by Coinbase, enhancing its influence and market share in the cryptocurrency derivatives sector worldwide.
Read Full Article →Turkey’s oldest crypto exchange BtcTurk halts deposits, withdrawals after $48 million in unusual out...
BtcTurk, a longstanding cryptocurrency platform in Turkey, temporarily stopped deposit and withdrawal services following the identification of $48 million in irregular transactions...
Read Full Article →Ethereum validator exit queue climbs to over $3 billion in ETH amid increased stake withdrawals
The rising number of validators withdrawing their holdings reflects a significant shift in market dynamics, indicating substantial movement of digital assets worth billions within...
Read Full Article →Ethereum ICO whale offloads another $5 million worth of ETH as price nears all-time high: onchain an...
A significant early investor in Ethereum has recently sold an additional large portion of their holdings, totaling over $5 million, as the cryptocurrency's market value approaches...
Read Full Article →PayPal Ventures, Coinbase Ventures and others back crypto payments firm Mesh, pushing total funding...
Crypto payments company Mesh has secured additional investment from prominent venture firms, increasing its total capital raised to more than $130 million since its Series B round...
Read Full Article →Record $47 billion in open interest across altcoins raises crypto volatility risks, analysts say
The substantial increase in leveraged positions within alternative cryptocurrencies highlights potential market instability, especially as major tokens maintain elevated prices ami...
Read Full Article →Bitwise CIO outlines four catalysts the crypto market hasn’t priced in, from government bitcoin buys...
According to Bitwise CIO Matt Hougan, several factors including increased institutional purchases and new forms of digital fundraising may significantly influence cryptocurrency va...
Read Full Article →GMX finalizes $44 million plan to compensate GLP holders affected by recent hack
GMX has announced a $44 million compensation distribution in GLV tokens to users impacted by the recent breach, along with a $500,000 reward fund to encourage retention of the allo...
Read Full Article →US spot Ethereum ETFs see $729 million in daily inflows, second-largest since launch
U.S.-based spot Ethereum exchange-traded funds experienced a substantial capital increase of $729 million in a single day, representing one of the highest inflow amounts since thei...
Read Full Article →Elon Musk’s SpaceX bitcoin holdings top $1 billion as BTC hits fresh highs
SpaceX’s investment in bitcoin has grown significantly, exceeding one billion dollars as the digital currency reached unprecedented market values this week.
Read Full Article →Coinbase loses $300,000 to MEV bots following 0x swapper interaction: security researcher
Coinbase experienced a financial loss of $300,000 due to an interaction with MEV bots during a 0x swapper event, but the company confirmed that no customer assets were compromised.
Read Full Article →Ark Invest buys $172 million in Bullish, stock soars 83% on NYSE debut
Ark Invest’s purchase of $172 million in Bullish contributed to significant investor interest, leading to a substantial increase in the company’s market value during its first day...
Read Full Article →Bitcoin tops $124,000 to rewrite all-time high; sustained upward momentum expected through year-end,...
Bitcoin’s recent surge to over $124,000 marks a significant milestone, potentially influencing investor confidence and market dynamics in the cryptocurrency sector for the foreseea...
Read Full Article →Google says it’s not restricting non-custodial crypto wallets after post suggested otherwise
Google clarified that it will continue to allow non-custodial cryptocurrency wallets, alleviating concerns that the company’s actions might negatively impact the digital asset mark...
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