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BlockFi Initiates Repayments to Creditors and Interim Crypto Distributions Through Coinbase

July 18, 2024

In a significant move for its clients, BlockFi, the beleaguered cryptocurrency lender, has announced that it will begin repayments to its 100,000 creditors this month. The repayment process is a …

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WazirX Faces Major Security Breach, Halts Withdrawals

July 18, 2024

Indian crypto exchange WazirX has announced a major security breach that forced it to pause both rupee and crypto withdrawals. The security compromise affected one of the exchange's multisig wallets, …

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TradFi Giant State Street Explores Blockchain With Stablecoin And Tokenized Deposits

July 18, 2024

Traditional finance giant State Street Corp. is exploring the launch of its own stablecoin and tokenized deposits, aiming to leverage blockchain technology to enhance its payment settlement capabilities. The initiative …

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Bitcoin Critic U.S. Senator Convicted of Bribery

July 18, 2024

U.S. Senator Bob Menendez, a Democrat from New Jersey, well known for his outspoken criticism of cryptocurrency, was convicted of bribery by a jury on Tuesday. Menendez, who had labeled …

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Ethereum ETFs Expected to Push ETH Beyond $5,000

July 18, 2024

Bitwise Chief Investment Officer Matt Hougan has made a bold prediction regarding the future value of Ethereum (ETH), forecasting that the launch of spot Ethereum ETFs could drive the digital …

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Cryptocurrency and Bitcoin: Key Focus in Trump’s 2024 Campaign

July 18, 2024

Former US President and Republican Presidential candidate Donald Trump has indicated a firm stance on bolstering the cryptocurrency sector, hinting at the launch of a new NFT series following the …

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Bitcoin Bridge and TON Compatibility Transform Telegram-Linked TON Blockchain

July 17, 2024

The Open Network (TON) is set to make waves in the cryptocurrency world by launching an innovative bridge that allows users to transfer their Bitcoin onto the Telegram-linked network. This …

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Bitcoin ETFs Surpass $1 Billion in Inflows Over Last 3 Trading Days

July 17, 2024

Recent data reveal that spot Bitcoin ETFs in the United States have experienced unprecedented inflows, amassing over $1 billion across just three trading days. This meteoric rise highlights significant investor …

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Hong Kong to Introduce Stablecoin Licensing Regime to Enhance Crypto Stability

July 17, 2024

Hong Kong's financial regulators have concluded a consultation period over a licensing program initiative for fiat-referenced stablecoin (FRS) providers. This consultation, which ended in February, received 108 submissions from various …

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Bitcoin Bulls Eye $70K After Brief Surge to $66,000

July 17, 2024

Bitcoin's resurgence continues as the cryptocurrency briefly touched $66,000, fueling optimism among analysts and investors alike. According to market data, Bitcoin (BTC) made significant gains this week, signaling a strong …

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