Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,257,321,801,728.33
  • 24h Vol: $51,859,761,717.04
  • BTC Dominance: 55.71%
dmm-group-and-progmat-collaborate-to-create-a-regulated-stablecoin

DMM Group and Progmat Collaborate to Create a Regulated Stablecoin

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Digital Asset, DMM Crypto, Ethereum, Featured, Seamoon Protocol, Web3 / / / , , , , ,

Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and entertainment. DMM Crypto, a subsidiary of DMM Group, expects to utilize the stablecoin to enhance user experiences and […]

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wazirx-defends-restructuring-decision-—-founder-assures-‘not-bankruptcy-or-liquidation’

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Leave a Comment / Bitcoin, community, Crypto, Crypto Hacked, Cryptocurrency, cyberattack, ERC-20, Ethereum, Exchanges, INR withdrawals, legal avenues, Nischal Shetty, platform, restructuring, Singapore Scheme, stolen assets, Wazirx / / / , , , , , , , , , , , , ,

Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy or liquidation since that will take several years,”

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polygon’s-discord-channel-hacked;-admins-regain-control-amid-security-concerns

Polygon’s Discord Channel Hacked; Admins Regain Control Amid Security Concerns

Leave a Comment / Bitcoin, Breach, Crypto Hacked, Cryptocurrency, cybersecurity, Discord, ether, Ethereum, Hack, Mudit Gupta, News, Polygon, Scam / / / , , , , , , , , ,

Polygon’s community Discord channel was compromised in a recent cyberattack, raising security concerns among users. The platform’s administrators have regained control and are working to restore the channel to its original state. Polygon Discord Breached—Admins Regain Control Access Polygon‘s chief information security officer, Mudit Gupta, explained that the Discord channel was compromised, cautioning users to

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nft-sales-soar-24%-as-ethereum-takes-the-lead-this-week

NFT Sales Soar 24% as Ethereum Takes the Lead This Week

Leave a Comment / Bitcoin, Bitcoin NFTs, blockchain market, Bored Ape Yacht Club, Crypto Hacked, Cryptocurrency, cryptopunks, Digital Collectibles, Ethereum, Markets and Prices, Mythos, NFT buyers, NFT sales, Solana / / / , , , , , , , , , ,

Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales reached an impressive $99.05 million, with Ethereum-based NFTs leading the charge at $36.62 million. NFT Market Booms With Ethereum at the Helm Reaching $99M in

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bitcoin-etfs-soar-with-$252m-influx,-ether-etfs-experience-another-day-of-losses

Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses

Leave a Comment / Bitcoin, Bitcoin ETFs, bitcoin market cap, Blackrock, Crypto Hacked, Cryptocurrency, ether reserves, Ethereum, ethereum ETFs, fidelity, Finance, grayscale, market inflows / / / , , , , , , , , ,

At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $5.7 million. Bitcoin ETFs Shine with $252M Inflows; Ether Funds Dip by $5.7M Spot bitcoin ETFs achieved their highest inflow since late July,

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kraken-crypto-exchange-operator-fined-by-australian-court

Kraken Crypto Exchange Operator Fined by Australian Court

Leave a Comment / ASIC, Australia, Bit Trade Pty Ltd., Bitcoin, Compliance, consumer protection, Corporations Act, credit facility, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, federal court, Kraken, legal, Margin Trading, Regulatory / / / , , , , , , , , , , , , , ,

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer

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binance-unveils-plan-to-hire-1,000-employees-this-year,-prioritizing-compliance-amid-regulatory-pressure

Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure

Leave a Comment / Binance, Bitcoin, Compliance, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Exchanges, Hiring, legal challenges, Regulatory, Richard Teng, workforce / / / , , , , , , , ,

Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges. Binance to Expand Workforce With 1,000 New Hires Amid Regulatory Scrutiny Binance CEO Richard

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ai-coding-tool-cursor-raises-$60-million-at-a-$400-million-valuation

AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation

Leave a Comment / ai, Bitcoin, Coding, Crypto, Crypto Hacked, Cryptocurrency, cursor, Ethereum, funding round, News Bytes, News Bytes - 4 / / / , , , , , , ,

Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital, Openai, and many others, and gave the company a

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china-and-russia-push-for-increased-local-currency-use-in-trade,-deepen-brics-cooperation

China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation

Leave a Comment / Artificial Intelligence, Bitcoin, brics, China, Crypto Hacked, Cryptocurrency, Currency, Economics, Ethereum, Finance, global governance, Investments, Li Qiang, local currency, Mikhail Mishustin, payment infrastructure, Russia / / / , , , , , , , , , , , ,

China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin. They committed to local currency use, payment infrastructure, and mutual investments, while also advancing collaboration in artificial intelligence, sustainable development, and global governance. China and Russia Strengthen

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india-expected-to-release-consultation-paper-on-cryptocurrency-regulations-in-coming-months,-report

India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report

Leave a Comment / Binance, Bitcoin, Blockchain, consultation, Crypto, Crypto Hacked, Cryptocurrency, Department of Economic Affairs, Digital Currencies, Ethereum, Featured, G20, India, Nirmala Sitharaman, paper, RBI, Regulations, Reserve Bank of India, Web3 / / / , , , , , , , , , , , , , , ,

The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October 2024, will seek input from stakeholders to gather feedback on effective regulation. India is emphasizing the importance of international

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