Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,280,293,021,906.80
  • 24h Vol: $53,931,032,685.22
  • BTC Dominance: 56.59%

Crypto

global-asset-freeze-targets-fugitive-‘cryptoqueen’-and-onecoin

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin

Leave a Comment / bank reserves, Bitcoin, BTC, Crypto, Crypto Hacked, Cryptocurrency, Economics, El Salvador, Ethereum, financial stability, fiscal stability, Governance, IMF, Nayib Bukele, Transparency / / / , , , , , , , , , , , ,

A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit […]

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin Read More »

andrena-raises-$18-million-to-develop-solana-based-depin-broadband-protocol-dawn

Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn

Leave a Comment / andrena, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Dawn, Depin, Dragonfly, Ethereum, funding round, Series A, Solana, Technology / / / , , , , , , , , ,

Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18

Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn Read More »

venezuelan-president-nicolas-maduro-announces-10-day-block-of-x;-signal-also-affected

Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Elon Musk, Ethereum, Netblocks, News Bytes, News Bytes - 4, Nicolas Maduro, Signal, suspension, Venezuela, X / / / , , , , , , , , , ,

Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before allowing it to operate again in the country. Paradoxically, using X, Maduro called for an end to “plans

Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected Read More »

bitstamp-and-stripe-collaborate-for-eu-crypto-onramp

Bitstamp and Stripe Collaborate for EU Crypto Onramp

Leave a Comment / Bitcoin, BitStamp, Crypto, Crypto Hacked, Cryptocurrency, ETH, Ethereum, EU, News Bytes, News Bytes - 2, SOL, Stripe, USDC, XLM / / / , , , , , , , , , ,

Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a customizable widget that developers can embed in apps or websites. This widget offers a seamless checkout experience optimized for cryptocurrency conversion and instant settlement. Developers

Bitstamp and Stripe Collaborate for EU Crypto Onramp Read More »

sec-challenges-coinbase’s-extensive-discovery-requests

SEC Challenges Coinbase’s Extensive Discovery Requests

Leave a Comment / Bitcoin, Coinbase, communications, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Discovery, Ethereum, Gary Gensler, internal, News Bytes, News Bytes - 2, SEC / / / , , , , , , , , , ,

The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems

SEC Challenges Coinbase’s Extensive Discovery Requests Read More »

binance-hit-with-$87-million-tax-bill-in-india

Binance Hit With $87 Million Tax Bill in India

Leave a Comment / anti-money laundering, Binance, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, DGGI, Ethereum, Financial Intelligence Unit, fiu, goods and services tax, GST, India, Nest Services Limited, Taxes / / / , , , , , , , , , , ,

Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees

Binance Hit With $87 Million Tax Bill in India Read More »

financial-analyst-states-bitcoin-is-‘not-a-hedge-against-anything’

Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’

Leave a Comment / Bitcoin, Bitcoin (BTC), Crypto, Crypto Hacked, Cryptocurrency, Ethereum, hedge, News Bytes, News Bytes - 4, whalewire / / / , , , , , ,

Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin fraud. I warned it would crumble like paper when it starts.” Bitcoin fell under $50,000 on August 5th, as the Japanese stock market also took

Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’ Read More »

paraguay’s-power-chief:-no-cryptocurrency-mining-company-has-left-yet

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

Leave a Comment / ANDE, Bitcoin, Brazil, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Exodus, Mining, Paraguay / / / , , , , , ,

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining Companies

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet Read More »

historic-drop-in-bitcoin-revenue-leaves-miners-struggling

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

Leave a Comment / Bitcoin, Bitcoin (BTC), Blockchain, Crypto, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Hashrate, Mining, network, revenue, Transaction Fees / / / , , , , , , , , ,

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s

Historic Drop in Bitcoin Revenue Leaves Miners Struggling Read More »

crypto-friendly-mercado-libre-becomes-latam’s-largest-company

Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company

Leave a Comment / Bitcoin, Company, Crypto, Crypto Hacked, Cryptocurrency, crytpocurrency, Ethereum, latam, mercado libre, News Bytes, News Bytes - 4 / / / , , , , , ,

Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million, significantly surpassing the expected $432 million. Other numbers were also positive, including a 36% growth in sales in Brazil,

Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company Read More »