Cryptocurrency Market

  • Market Cap: $2,522,982,788,581.05
  • 24h Vol: $112,448,696,787.79
  • BTC Dominance: 51.62%

Crypto

wazirx-claims-inr-funds-unaffected-by-cyberattack,-platform-secure

Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure

Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the […]

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kamala-harris-urged-to-embrace-digital-assets

Kamala Harris Urged to Embrace Digital Assets

The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with expertise in digital asset policy, and engage with industry leaders. Digital Chamber

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telegram-reaches-950-million-monthly-active-users

Telegram Reaches 950 Million Monthly Active Users

Telegram, the popular messaging app, has reached 950 million monthly active users worldwide, according to its founder Pavel Durov. The app has served as a platform for the popularization and growth of several cryptocurrency projects featuring tap-to-earn mechanics, such as Notcoin and the recently popular Hamster Kombat. Durov stated that the number of users has

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south-korea’s-fsc-nominee-says-past-crypto-chaos-calls-for-strong-investor-protection

South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection

Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a parliamentary session on Monday, Kim, a former vice finance minister, emphasized: “Taking into consideration the chaos we have experienced in the virtual asset market in

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leader-of-russian-state-duma’s-financial-market-committee-labels-‘hamster-kombat’-a-‘scam’-and-calls-for-its-termination

Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination

Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized that ‘Hamster Kombat’ manipulates the psyche of citizens, leading them to believe that they can become wealthy with minimal effort through playing this type of

Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination Read More »

excessive-greed:-more-bitcoin-mining-companies-are-abandoning-paraguay-for-brazil

Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil

The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure 400MW of energy in Brazil. This could be a potential destination that other companies are considering. Paraguayan Bitcoin

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hong-kong’s-boyaa-interactive-announces-strategic-bitcoin-ecosystem-cooperation,-plans-to-purchase-$100-million-in-btc

Hong Kong’s Boyaa Interactive Announces Strategic Bitcoin Ecosystem Cooperation, Plans to Purchase $100 Million in BTC

Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $1,000,000 to this initiative, aimed at promoting the Group’s business development and expansion in the Web3 industry. Boyaa aims to ‘deepen its presence in the Web3 industry, leverage the

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elon-musk-laser-eyes-profile-picture-sparks-speculation

Elon Musk Laser Eyes Profile Picture Sparks Speculation

The recent addition of laser eyes, a feature popular among bitcoin enthusiasts, to Elon Musk’s profile picture has spurred speculation around his potential involvement in the upcoming Bitcoin 2024 Conference to be held in Nashville, Tennessee. According to Eleanor Terrett, a Fox Business journalist, Musk arrived in Tennessee on July 21. She suggested that Musk’s

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latam-insights-encore:-bukele-pushes-controversial-substitution-of-national-products-policy-to-fight-inflation,-offers-free-coffee-on-top

Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top

Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the import duties exemption measure President Nayib Bukele pushed for and passed in Congress and its possible effects on El Salvador. Bukele Passes Import Duties Exemption Bill for a Decade in

Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top Read More »

former-finance-vp-pleads-guilty-to-embezzling-$4-million-from-crypto-firm

Former Finance VP Pleads Guilty to Embezzling $4 Million From Crypto Firm

Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ) announced. Meissner, a former Vice President of Finance at a cryptocurrency research firm, admitted to stealing over $4 million from his employer. Starting in January 2022, Meissner secured a $170,000 loan in ethereum from his

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