Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape in 2021, leading to a significant exodus of miners that […]
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin Read More »
Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in the kidnapping, and other material evidence. Police Recover Body of Slain Foreign National The Ukrainian police announced on July
Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin Read More »
Although the Bitcoin 2024 event has wrapped up, the past three days have seen a deepfake Elon Musk “double-your-money” scam on Youtube. Posing as the official Bitcoin 2024 livestream, the scam has tricked unsuspecting users into parting with their crypto assets. Over the weekend, multiple deepfake livestreams featuring Musk were active, with one specific video
Scammers Use Deepfake Elon Musk Video to Steal Crypto During Bitcoin 2024 Event Read More »
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining activities, and Salvadoran basic goods’ prices reach record highs. US
A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory frameworks. Crypto Market Matures Amid Price Corrections: Coinbase and Glassnode Report The study shows the third quarter
Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market Read More »
Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin Holdings MARA (Nasdaq: MARA), a leader
MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings Read More »
President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over 30,000 transactions have been made in the pilot test phase of the digital ruble, with
The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience and Censorship Resistance Maelstorm, an entity focused on Bitcoin’s technical development, has launched a Bitcoin
Maelstrom Launches Bitcoin Grant Program Aiming to Support Developers Read More »
According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent 48,641 BTC, valued at $3 billion,
Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution Read More »
According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in Bitcoin As of 7 a.m. EDT on Monday, the German government’s wallet now holds 1,205 BTC less than it did yesterday,
German Government Moves 1,205 Bitcoin Amid Price Fluctuations Read More »
