Bitcoin demand in Argentina records new highs in 20 months
Key points Bitcoin has recorded new ATHs after breaking free from a long crypto winter period ahead of its scheduled completion of the halving process this April. Argentinians have been seeking to hold even more bitcoins recently with the coin registering record high...
Bitcoin hits ATH in multiple countries. Has the bull run already begun?
Key pointsBitcoin eyes $60K, $5K shy from its ATHIs the crypto bull run already here? Key points Satoshi Nakamoto’s selfless invention Bitcoin, has hit ATH in multiple countries as it eyes $60K. Bitcoin’s ATH in USD is $65K a figure that is now in a close range...
Worldcoin to stop paying Orb operators in USDC
Key Points Worldcoin has announced that it will ditch USDC usage in favor of its native coin, WLD. The project has also announced changes to the terms behind WLD loans to Market makers. Worldcoin is set to start paying Orb Operators in WLD, replacing the USDC that had...
MicroStrategy acquires an additional 5,445 BTC, taking total holdings to 158,245 BTC
Key Points Michael Saylor’s MicroStrategy has acquired an additional 5,445 BTC at an average price of $27,053 per Bitcoin. The company now holds 158,245 BTC worth over $4.68 billion purchased at an average price of $29,582 per bitcoin. MicroStrategy has continued with...
Mixin Network suffers $200M in mainnet asset drain
Mixin Network, a decentralized peer-to-peer network, has lost nearly $200 million in a mainnet hack. The hack compromised the database of a third-party cloud service provider Mixin Network has taken to X.com to confirm that its services are down as a hack has...
Stanford University to refund millions in crypto donations to FTX
Stanford University has indicated that it intends to reimburse millions to FTX after confirming illegal donations by Sam Bankman Fried. FTX legal counsel has increased efforts to crawl back all donations that were made by EX-CEO Sam Bankman Fried using customer...
South Korean City of Cheongju to seize crypto from thousands of tax evaders
Key Points Authorities in the South Korean City of Cheongju are set to seize crypto from uncooperative taxpayers. These authorities seek to seize crypto from thousands who have over $750 in crypto taxes to the government. The South Korean City of Cheongju is set to...
PayPal to roll out a crypto Hub for select users
PayPal recently launched a stablecoin in a push to rebrand as a crypto-inclusive payments platform. On Monday, it also announced it was also rolling out a cryptocurrency hub for select users.
Coingecko introduces a tracking list of the 48 tokens ‘confirmed’ as securities by the US SEC
Key Points Coingecko has introduced a tracking list of the top alleged coins by the US SEC to be securities. The list spans 48 coins and is expected to grow as the authorities keep cracking down on the crypto space. The new index by Coingecko tracks the biggest crypto...
MicroStrategy buys 14.5M worth of Bitcoin and may spend over $750M more
Key Points MicroStrategy has added another 14.5M worth of Bitcoin after adding 12,333 in June. The company says it plans to raise upwards of 750 million dollars to invest in the currency, among other corporate duties. MicroStrategy's Bitcoin buying spree continues as...
Justin Sun invests over $2.3m in Curve alongside a new Tron stUSDT liquidity pool
Key Points Tron network founder Justin Sun has introduced a stUSDT liquidity pool on Curve Finance to save the DeFi protocol from impending financial doom. Curve Finance has been losing the value of its tokens due to a Sunday exploit that puts the founder's $168M loan...
All cryptos apart from BTC are securities-SEC
Key Points US SEC reportedly asked Coinbase to delist all cryptocurrencies it trades, alleging all cryptos apart from BTC are securities. The regulator took the incentive shortly before filing a lawsuit against the exchange, alleging it was acting as an unregulated...