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Brazilian SEC Approves Solana-Based ETF
August 8, 2024
The Brazilian Securities and Exchange Commission (CVM) has given the green light to a Solana-based exchange-traded fund (ETF), marking a significant milestone for cryptocurrency investment in the country. The approval …
Read moreFTX and Alameda Slapped with $12.7 Billion CFTC Settlement, Banned from Crypto Trading
August 8, 2024
US District Judge Peter Castel has approved a $12.7 billion settlement in a case involving the US Commodity Futures Trading Commission (CFTC), the bankrupt FTX exchange, and its affiliate, Alameda …
Read moreIMF Acknowledges Progress in El Salvador's Bitcoin Strategy
August 7, 2024
The International Monetary Fund (IMF) has recognized notable progress in El Salvador’s adoption and implementation of Bitcoin as legal tender. While the IMF previously raised concerns about the potential risks …
Read moreRipple Settles with SEC: $125 Million Fine and XRP Surge
August 7, 2024
The long-standing lawsuit between Ripple and the US Securities and Exchange Commission (SEC) has finally reached a conclusion. The court has levied a $125 million fine on Ripple, putting an …
Read moreBitcoin Price Surge Linked to Decline in HODLed Coins
August 7, 2024
Onchain Highlights and Market TrendsDEFINITION: Lost or HODLed Bitcoins indicates moves of large and old stashes.Bitcoin's HODLed or lost coins have displayed notable fluctuations this year. Data from Glassnode shows …
Read moreSolana Price Gains Traction as Meme Coins Surge
August 7, 2024
Solana is showing signs of life in the market, experiencing a surge that indicates further increase potential. The cryptocurrency has undergone a notable upward movement from the $110 mark, creeping …
Read moreRonin Network Hit by $9.85M Exploit But RON Token Surges 11%
August 7, 2024
Ronin Network co-founder Aleksander Larsen announced that the Ethereum sidechain has been temporarily paused to investigate a potential Maximal Extractable Value (MEV) exploit. On Aug. 6, blockchain security firm Cyvers …
Read moreSEC Challenges Coinbase's Comprehensive Subpoena Demands
August 6, 2024
The U.S. Securities and Exchange Commission (SEC) has strongly opposed Coinbase's extensive subpoena requests as part of the ongoing legal battle between the regulatory body and the cryptocurrency exchange. Coinbase …
Read moreBinance Cooperates And Challenges $86 Million Indian Tax Bill
August 6, 2024
Binance, the world's largest cryptocurrency exchange, is currently embroiled in a significant tax dispute with Indian authorities. The Indian Directorate General of Goods and Services Tax Intelligence (DGGI) has issued …
Read moreBitcoin ETFs Experience Significant Outflows Amid Market Volatility
August 6, 2024
Bitcoin ETFs Experience Significant Outflows Amid Market Volatility On August 5, Bitcoin (BTC) faced a major market downturn, experiencing a 7% drawdown and hitting a local bottom at $49,000 before …
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