Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,288,595,262,066.16
  • 24h Vol: $49,614,574,398.97
  • BTC Dominance: 56.23%

Bitcoin

digital-yuan-app-drops-‘pilot’-description,-hints-at-change-to-production-ready-status

Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status

Leave a Comment / Bitcoin, CBDC, China, Crypto, Crypto Hacked, Cryptocurrency, Digital Yuan, Ethereum, News, Pilot status / / / , , , , , ,

The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production stages. While local Chinese news outlets explained that this change had to do with app requirements, some expect this might be a step before its […]

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bitfarms-sees-42%-revenue-drop-in-may-post-bitcoin-halving

Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving

Leave a Comment / Bitcoin, Bitcoin (BTC), Bitcoin mining, Bitfarms, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 6 / / / , , , , ,

Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production to “unusually cold temperatures” at its

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woman-pleads-guilty-to-using-bitcoin-for-dark-web-hitman

Woman Pleads Guilty to Using Bitcoin for Dark Web Hitman

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, dark web, Ethereum, hitman, murder for hire, News Bytes, News Bytes - 2 / / / , , , , , , ,

In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a website offering “hitman for hire” services, providing detailed information about the intended victim,

Woman Pleads Guilty to Using Bitcoin for Dark Web Hitman Read More »

hong-kong-police-advisory-group-warns-of-surge-in-digital-asset-linked-crime

Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime

Leave a Comment / Bitcoin, Crime, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, Fraud, Hong Kong, legal, Police / / / , , , , , , ,

The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset crimes during 2023, with 90% of these cases involving

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dubai-financial-services-authority-updates-regulatory-framework-for-crypto-tokens

Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 2 / / / , , , ,

The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The amendments address investment in recognized and unrecognized crypto tokens, custody and staking of crypto tokens, compliance with financial crime regulations including

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india-repatriates-100-tonnes-of-gold-from-uk,-aims-to-move-more

India Repatriates 100 Tonnes of Gold From UK, Aims to Move More

Leave a Comment / Bank of England, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Economics, Ethereum, gold, India, Reserve Bank of India, uk / / / , , , , , , ,

According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be repeated as India seeks to hold more gold domestically for logistical reasons

India Repatriates 100 Tonnes of Gold From UK, Aims to Move More Read More »

binance-announces-restrictions-on-unauthorized-stablecoins-in-eu-to-comply-with-mica-regulations

Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations

Leave a Comment / Binance, Bitcoin, Crypto, Crypto Hacked, crypto regulations, Cryptocurrency, Ethereum, EU, MiCA, MiCA regulations, News Bytes, News Bytes - 2, stablecoin regulations / / / , , , , , , , , , ,

Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict the issuance and offering of stablecoins to regulated companies, categorizing them as “Regulated Stablecoins.” Binance will make phased

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dapper-labs-secures-favorable-settlement-in-class-action-lawsuit-involving-nba-top-shot-nfts

Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Dapper Labs, Ethereum, legal, Legal NFTs, NBA Top Shot Moments, NFT law, NFTs / / / , , , , ,

Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital collectibles and ensures the continued decentralization of the Flow blockchain. Dapper

Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs Read More »

coinbase-raises-fairshake-super-pac-fund-by-$25m-to-push-crypto-legislation

Coinbase Raises Fairshake Super PAC Fund by $25M to Push Crypto Legislation

Leave a Comment / bipartisan support, Bitcoin, Brian Armstrong, Coinbase, Crypto Hacked, Crypto regulation, Cryptocurrency, Ethereum, Fairshake Super PAC, Featured, FIT21 bill, legislative efforts, policy efforts, pro-crypto candidates, Stand With Crypto / / / , , , , , , , , , ,

Coinbase CEO Brian Armstrong has outlined the optimal strategy to achieve regulatory clarity for the crypto sector in the U.S. The executive emphasized the necessity of electing pro-crypto candidates, highlighting Stand With Crypto’s 900,000 advocates and their impact on key legislative votes. Armstrong also mentioned Coinbase’s recent $25 million contribution to the Fairshake Super PAC,

Coinbase Raises Fairshake Super PAC Fund by $25M to Push Crypto Legislation Read More »

liquidators-of-south-african-btc-scam-allocate-nearly-40%-of-recovered-funds-to-legal-fees-and-taxes

Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes

Leave a Comment / Bitcoin, Bitcoin Ponzi scheme, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, Newsbyte-3 / / / , , , ,

Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that liquidators have used the recovered funds to pay an outstanding tax liability of $15.2 million and legal fees of $7.78 million.

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