German Authority Seizes 13 Unauthorized Crypto ATMs
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and...
Month: August 2024
McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
Crypto firms pour $119M into 2024 US federal elections, rivaling traditional powerhouses
Crypto companies have significantly increased their involvement in the US federal elections in 2024, contributing over $119 million so far,...
US-traded spot Ethereum ETFs amass $2 billion in inflows
Spot Ethereum (ETH) exchange-traded funds (ETFs) inflows surpassed $2 billion in nearly four weeks, when excluding Grayscale’s ETHE outflows of...
Bitcoin climbs to $61.7k as Fed minutes hint at rate cut in September
Bitcoin (BTC) is back above $61,000 after leaping 3.5% in the past 24 hours, fueled by the release of bullish...
Emerging markets embrace stablecoins despite significant premiums
Businesses and consumers in 17 emerging markets pay an average premium of 4.7% over the standard dollar price to access...
Hackers compromise McDonald’s Instagram account to conduct $700k rug pull
Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token —...
Is $58k the new $9k for Bitcoin?
Quick Take Samson Mow recently stirred discussion on X by declaring that “$58k is the new $9k” for Bitcoin. Intrigued...
Vitalik Buterin urges pluralistic approach to governance, moving past cypherpunk origins
Ethereum co-founder Vitalik Buterin called for a fundamental shift in how the crypto community approaches governance. In an Aug. 21...
Experts Question Ghana VP’s Gold-Backed Currency Pledge
A Ghanaian banking consultant, Richmond Atuahene, has expressed concerns about Vice President Mahamudu Bawumia’s pledge to back the cedi with...
Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for Sept. 19,...
Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below...
Crypto Fund Settles With NFA Over $2.5M Bitcoin Loan
Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations...
Highest Court of China Moves to List Virtual Asset Transactions as a Money-Laundering Tool
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have...
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125...
