Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,269,460,442,454.72
  • 24h Vol: $54,134,571,102.11
  • BTC Dominance: 56.55%

Digital Assets

study:-crypto-assets-worth-$572.7-million-lost-to-hacks-and-fraud-in-q2-2024

Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024

Leave a Comment / 2024 defi hacks, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, decentralized finance, Digital Assets, Ethereum, Security / / / , , , , ,

Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across 63 incidents. This figure is 25% lower than […]

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solana-etf-approval-odds-rise-amid-potential-political-shifts,-analyst-says

Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, Regulation, SEC, SOL, Solana, solana ETFs, spot solana ETFs / / / , , , , , , , ,

Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than they were yesterday.” Potential

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hashgraph-association-and-blade-labs-partner-to-drive-digital-transformation-in-the-middle-east

Hashgraph Association and Blade Labs Partner to Drive Digital Transformation in the Middle East

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Digital Assets, DIstributed Ledger, Emerging Markets, Ethereum, financial inclusion, Hashgraph Association, Web3 / / / , , , , ,

The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities platforms. The CEO of Blade Labs described the Hashgraph Association as a strategic investor that enables the company to integrate its cutting-edge digital asset solutions with more businesses in the Middle East and beyond. Integrating

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fbi-warns-of-fake-firms-promising-to-recover-lost-cryptocurrencies

FBI Warns of Fake Firms Promising to Recover Lost Cryptocurrencies

Leave a Comment / Bitcoin, Crypto, Crypto Fraud, Crypto Hacked, crypto scam victims, Crypto Scams, Cryptocurrency, Digital Assets, Ethereum, FBI, Featured, Stolen funds / / / , , , , , , , ,

The Federal Bureau of Investigation (FBI) has alerted the public to “an emerging criminal tactic” targeting investors who have already fallen victim to cryptocurrency scams and seek to recover their lost funds. These fraudsters often claim to be authorized by the FBI, Consumer Financial Protection Bureau (CFPB), or other government agencies to lend credibility to

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mt-gox-to-start-distributing-$9-billion-in-bitcoin-to-creditors-in-july-after-decade-long-wait

Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait

Leave a Comment / bankruptcy trustee, Bitcoin, bitcoin cash, Bitcoin reimbursement, creditor payments, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, financial compliance, Mt Gox, News / / / , , , , , , , , ,

On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start for Repayments Approximately $9 billion worth

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nigerian-regulator-amends-vasps-rules;-threatens-enforcement-against-noncompliant-entities

Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, Regulation, virtual assets, virtual assets nigeria, virtual assets service providers (VASPs) / / / , , , ,

The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The Accelerated Regulatory Incubation Programme provides VASPs with insights into the Commission’s expectations before they fully commence operations. Regulator Threatens Enforcement Action Against Non-Compliant

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us-government-to-report-seized-crypto-as-‘nonmonetary-property’

US Government to Report Seized Crypto as ‘Nonmonetary Property’

Leave a Comment / accounting standards, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, fasab, Regulation, Seized Crypto / / / , , , , , ,

The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies “do not typically possess all monetary characteristics,” emphasizing that they “are not effective as a unit of account,

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zimbabwean-regulators-develop-framework-for-virtual-assets-trading

Zimbabwean Regulators Develop Framework for Virtual Assets Trading

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Data protection, Digital Assets, Ethereum, News Bytes, Newsbyte-3, virtual assets / / / , , , ,

The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual asset trading. The framework aims to provide clear legislation, client protection under the Data Protection Act, and educational support. Challenges include infrastructural investment and licensing fees for foreign-supplied systems. An informal virtual asset

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sec’s-crypto-enforcement-chief-departs-after-9-years

SEC’s Crypto Enforcement Chief Departs After 9 Years

Leave a Comment / Binance, Bitcoin, Coinbase, Crypto, Crypto Hacked, Cryptocurrency, David Hirsch, Digital Assets, Enforcement, Ethereum, Regulation, SEC / / / , , , , , , , ,

The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major crypto trading exchanges Binance and Coinbase. SEC’s Crypto Enforcement Unit Leader Departs

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56%-of-fortune-500-firms-pursue-crypto-and-blockchain-projects,-says-coinbase

56% of Fortune 500 Firms Pursue Crypto and Blockchain Projects, Says Coinbase

Leave a Comment / Bitcoin, Blockchain, Coinbase, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, Featured, fortune 100, Fortune 500 / / / , , , , , , ,

A Coinbase report reveals that cryptocurrency and blockchain initiatives among Fortune 100 companies rose by 39% year-over-year, reaching a record high in Q1 2024. In addition, 56% of Fortune 500 companies are working on onchain projects. The report emphasizes the need for clear crypto regulations to retain talent and enhance U.S. leadership in crypto technology.

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