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Cryptocurrency Latest News & Updates

This section covers fintech, blockchain and Bitcoin bringing you the latest news and analyses on the future of money.
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Thu, 18 Jul 2024

Indian exchange WazirX loses $234m in recent exploit

WazirX, one of the largest crypto exchanges in India by trade volume, is the latest victim of a high-profile exploit, losing over $234 million in multiple crypto assets. Cyvers, a leading web3 security resource, spotlighted the breach earlier today, confirming…...

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Thu, 18 Jul 2024

Bankrupt crypto lender BlockFi to start creditor repayments in July

Defunct cryptocurrency lending platform BlockFi is set to start repaying its creditors in July, 19 months after filing for bankruptcy. Collapsed crypto lending platform BlockFi will start repaying its creditors in July, nearly two years after the firm filed for…...

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Thu, 18 Jul 2024

Spot BTC ETF inflow plunged 87%, crypto market faces correction

The cryptocurrency market has witnessed a notable correction after a significant decrease in the Spot Bitcoin ETF inflows in the U.S. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs in the U.S. recorded $53.3 million in inflows…...

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Thu, 18 Jul 2024

ZEUS surges 19% as Zeus Network reveals major upgrades

Solana-to-Bitcoin cross-chain bridge Zeus Network’s native token ZEUS experienced a notable price surge, increasing by 19% in a single day to $0.2931. At the time of writing, the ZEUS was still up 11.6% in the last 24 hours, trading at…...

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Thu, 18 Jul 2024

Crypto trading volumes fall for third consecutive month: CCData

Trading volumes on centralized cryptocurrency exchanges saw a nearly 20% drop in June, marking the third consecutive month of decline amid a stagnant market. Spot trading on cryptocurrency exchanges continued to fall in June, as prices struggled to break the…...

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Thu, 18 Jul 2024

Resonance Security unveils new tool for web3 websites to combat DNS manipulation

Blockchain security firm Resonance Security is rolling out a new tool to help web3 protocols defend against DNS and CDN manipulations. Resonance Security has developed a new tool designed to capture continuous snapshots of the web state, including DNS records…...

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Wed, 17 Jul 2024

TON Foundation announces trustless Bitcoin bridge

Telegram-based TON unveiled new infrastructure to tap into Bitcoin’s blockchain and expand BTC’s utility....

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Wed, 17 Jul 2024

Injective price has more upside as developer commits rise: analyst

Injective (INJ) price has risen for six consecutive days, its longest winning streak of 2024. It rose by over 12% on Wednesday, making it the best-performing top 50 cryptocurrency.  INJ rally started on July 5th after it tumbled to $16.93…...

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Wed, 17 Jul 2024

Mark Cuban: Silicon Valley betting on Bitcoin with Trump support

Mark Cuban opined that Bitcoin is the central theme behind the support of Silicon Valley giants for former President Donald Trump’s political aspirations....

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Wed, 17 Jul 2024

State Street exploring creating a stablecoin

State Street is reportedly creating its own stablecoin and deposit token. The company is considering new ventures in blockchain technology and aims to use blockchain to settle payments. This development is part of State Street’s broader strategy to integrate digital…...

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Wed, 17 Jul 2024

Valour launches first ETP for NEAR Protocol

Valour, a subsidiary of DeFi Technologies, has launched the world’s first exchange-traded product (ETP) for Near Protocol. This launch comes at a time of increased interest in cryptocurrency assets, particularly following the debut of spot Bitcoin ETFs in the US…...

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Wed, 17 Jul 2024

Donald Trump and a canceled comedian: What to expect from Bitcoin 2024

The man who could be re-elected as president in November will be on stage at Bitcoin 2024, in a landmark moment for the world’s biggest cryptocurrency. The Bitcoin 2024 conference is just around the corner, with thousands of devotees set…...

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Wed, 17 Jul 2024

The Meme Games raises over $100K on opening day of presale

The Meme Games presale raises over $100K in its first 24 hours, capturing attention in the booming memecoin sector. #partnercontent...

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Wed, 17 Jul 2024

The future of XRP: legal battles, market trends, and a $500 prediction

What influence does Ripple’s ongoing SEC case have on the possibility of XRP reaching an extraordinary $500? Read on Over the past seven days, Ripple (XRP) has surged nearly 40%, reaching $0.6034 as of July 17. This spike in value…...

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Wed, 17 Jul 2024

SEC Commissioner Peirce says staking for spot Ether ETFs may be reconsidered

While the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum ETFs minus the staking option, Commissioner Hester Peirce says this could be open for reconsideration. Peirce shared this view during an interview with Coinage, noting that the exclusion of…...

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Wed, 17 Jul 2024

Are the Tornado Cash developers guilty?

Judge Katherine Polk Failla postponed the trial of Roman Storm, co-founder of Tornado Cash. What is happening in this controversial case, and is the crypto mixer responsible for its users? Due to the case’s complexity, the co-founder of the notorious…...

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Wed, 17 Jul 2024

Short sellers see $50 million liquidated as BTC, ETH surge

Bitcoin and Ethereum have seen more than $50 million in short liquidations in the past 24 hours, with these coming as prices surged to multi-week highs. Despite most of the liquidation volume coming from shorts, bullish bets also suffered, with…...

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Wed, 17 Jul 2024

Grayscale launches AI-focused crypto fund

Grayscale Investments, the largest global crypto asset manager, has introduced the Grayscale Decentralized AI Fund LLC. The Grayscale fund aims to provide investors with exposure to decentralized artificial intelligence (AI) protocols within the crypto space. The fund, which will rebalance…...

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Wed, 17 Jul 2024

Owlto Finance secures new funding at $150m valuation

Cross-chain interoperability protocol Owlto Finance has raised new funds in a round backed by Matrixport, propelling its valuation to $150 million. Owlto Finance, a cross-chain bridging service developed as Ethereum‘s layer-2 roll-up solution, has attracted fresh capital in a funding…...

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Wed, 17 Jul 2024

US seeking to forfeit $2.5m for pig-butchering scam victims: ‘we will find them’

U.S. attorneys are attempting to seize $2.5 million in cryptocurrency from an international “pig butchering” scam targeting American victims. The U.S. Attorney’s Office for the District of Columbia has initiated a civil forfeiture action to recover 2,546,415.01 USDT seized by…...

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Wed, 17 Jul 2024

Crypto OTC spot trades boomed 95% in H1 2024: report

Institutional demand for crypto OTC services and other enterprise offerings has surged alongside digital asset prices and the arrival of Wall Street....

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Wed, 17 Jul 2024

Aptos price is rising, but 7% staking yield comes with a major risk

Aptos price has risen for six straight days as Bitcoin and most altcoins have continued making a comeback. Encouraging user metrics Aptos (APT), a relatively new layer-1 blockchain, has shown strong user metrics as interest in its network has increased.…...

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Wed, 17 Jul 2024

Hong Kong to present regulatory framework for stablecoins by 2025

Hong Kong’s financial regulators have received over 100 submissions from market participants, with a vast majority endorsing the establishment of a licensing regime for stablecoins. The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)…...

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Wed, 17 Jul 2024

Cardano price ‘seeing most bearishness’ as altcoins rebound

Cardano has risen after bottoming at $0.3174 earlier this month Cardano (ADA) has has bounced back by 40% from its lowest point this month but remains 45% below its highest point this year. Despite being one of the largest cryptocurrencies,…...

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Wed, 17 Jul 2024

RWA heralds the next wave of blockchain innovation in tradfi | Opinion

Tokenized assets appear poised to increase transparency, liquidity, and accessibility to tradfi markets, facilitating fractional ownership and liquidity....

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Wed, 17 Jul 2024

Elwood sells crypto OTC branch to Standard Chartered-backed Zodia Markets

Institutional crypto trading firm Zodia Markets has officially confirmed the acquisition of Alan Howard-backed Elwood’s OTC branch. Crypto trading firm Zodia Markets has confirmed its acquisition of Elwood Technologies’ over-the-counter (OTC) crypto branch, known as Elwood Capital, backed by Alan…...

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Wed, 17 Jul 2024

Shiba Inu’s 17% price surge faces blockage from traders

Shiba Inu (SHIB) has recorded an impressive recovery over the past week, but traders expect another downfall for its price. SHIB is up by 2% in the past 24 hours and is trading at $0.0000194 at the time of writing.…...

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Wed, 17 Jul 2024

Nigerian court orders arrest of prison doctor as Binance exec is wheelchair-bound

A Nigerian court has issued a bench warrant for the arrest of Dr. Abraham Ehizojie, a doctor at the Kuje Correctional Centre, currently holding Binance executive Tigran Gambaryan. Reports from local media state that Justice Emeka Nwite of the Federal…...

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Wed, 17 Jul 2024

Washington financial watchdog warns of scam involving fake crypto ‘professors’

A new scam is targeting cryptocurrency investors, with the bad actors masquerading as business “professors.” According to a warning issued by the Washington State Department of Financial Institutions (DFI), the scheme starts with advertisements on social media platforms like Facebook,…...

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Wed, 17 Jul 2024

Solama token recovers 17% from recent low amid market rebound

Solama, a llama-themed meme coin on the Solana network, has recovered by 17% from its recent floor price, as the broader crypto market recoups the losses of the latest downtrend. Notably, the market has seen a rapid increase since the…...

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Wed, 17 Jul 2024

Cambodia’s CBDC dev Soramitsu to pilot digital currency for Papua New Guinea

Soramitsu Labs, a blockchain developer, intends to conduct a digital currency pilot in Papua New Guinea aimed at improving financial inclusion and security through economic digitization. Japan-based blockchain firm Soramitsu Labs is gearing up to initiate a proof-of-concept experiment for…...

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Wed, 17 Jul 2024

Bitcoin hits $66k as Bitcoin ETFs witness record $422.5m inflows

Bitcoin’s price surged past $66,000 on July 17, buoyed by a record inflow of $422.5 million into eleven spot Bitcoin exchange-traded funds (ETFs) in the U.S., marking the highest inflow since June 5. BlackRock’s iShares Bitcoin Trust led the charge…...

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Wed, 17 Jul 2024

BitMEX’s Hayes announces grant program to support Bitcoin developers

The former chief executive of BitMEX Arthur Hayes is launching a new grant program for developers to enhance Bitcoin’s “resilience, scalability, and privacy characteristics.” Arthur Hayes, a co-founder and former head of crypto exchange BitMEX and the chief investment officer…...

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Wed, 17 Jul 2024

Ethereum at $3.5k, supply on exchanges reaches 34-month high

The Ethereum (ETH) supply on exchanges has reached its 34-month highs as the asset’s price surpasses the $3,500 mark. ETH is up by 2.3% in the past 24 hours and is trading at $3,490 at the time of writing. The…...

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Wed, 17 Jul 2024

GameStop and kitty-themed meme coins surge with double-digit gains

Three Roaring Kitty-inspired meme coins marked double-digit price increases over the past day. Amid a slight rise in the overall meme coin market cap, CoinMarketCap (CMC) data shows that GME, KITTY, and ROAR also surged over 10%. The three tokens…...

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Wed, 17 Jul 2024

Crypto malware Angel Drainer shuts down following developer identification: report

Malware software-as-a-service Angel Drainer, linked to over $25 million in thefts, has reportedly shut down after its developers were potentially identified. Angel Drainer, a drainer-as-a-service program, has allegedly suspended its operations just two hours after cybersecurity researchers at Match Systems…...

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Tue, 16 Jul 2024

Bitcoin mining stock analyst discusses ‘Trump Bump’

Analysts from H.C. Wainwright believe the market’s positive reaction to crypto suggests increased confidence in Republican presidential candidate Donald Trump’s election prospects.  This confidence comes because Trump is known for his pro-crypto stance, particularly his support for Bitcoin (BTC) mining…...

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Tue, 16 Jul 2024

Le Poisson Rouge brings ticketing on-chain with Aptos integration

Le Poisson Rouge (LPR), an iconic music venue in New York City, has sealed an exclusive partnership with live event ticketing platform KYD Labs to bring its ticketing system on-chain. On Tuesday, Aptos Labs announced that KYD Labs and LPR…...

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Tue, 16 Jul 2024

Polymarket taps Nate Silver as advisor ahead of US election

Polymarket, a leading blockchain-based prediction market, has appointed Nate Silver, a well-known statistician, as an advisor. This appointment shows Polymarket’s swift rise, as it currently accommodates 80% of the wagers on U.S. elections. Silver is also a writer and journalist…...

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Tue, 16 Jul 2024

Render tops hottest small/mid-cap cryptos of 2024: report

A CoinLedger report examined the top five most-bought small/mid-cap cryptocurrencies and the most sold digital assets this year. ...

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Tue, 16 Jul 2024

Jambo expands to bolster financial inclusion in emerging markets

Jambo, a Web3 mobile infrastructure startup behind the JamboPhone, has officially expanded to Solana to empower the unbanked across emerging markets. The startup has partnered with stablecoin issuer Tether to accelerate this goal, according to an announcement on Tuesday. As…...

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Tue, 16 Jul 2024

Ethereum ETFs to begin trading soon: ‘Interest in ETH to grow over time’

Trading is set to begin on July 23 for the newly SEC-approved spot Ethereum (ETH) ETFs The approval process required issuers to finalize their S-1 documents by Wednesday, July 17, allowing the ETFs to debut on July 23. These new…...

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Tue, 16 Jul 2024

Next cryptocurrency to explode in 2024. Top 5

It looks like the cryptocurrency market could really take off in the latter half of 2024, thanks to the new Ethereum ETF on the horizon. Which altcoins are expected to explode this year? Altcoins to explode Industry analysts believe that…...

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Tue, 16 Jul 2024

Uniswap Labs opens wallet extension for 11 blockchains

Uniswap wallet users can now access the storage solution on a Google-powered browser, similar to other self-custodial tools like MetaMask....

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Tue, 16 Jul 2024

JD Vance: The Bitcoiner now running as Trump’s vice president

JD Vance has held Bitcoin for years, criticized Gary Gensler and the SEC, and pushed for pro-crypto policies. In November, he could be a heartbeat away from the presidency. After a shocking assassination attempt on Saturday, a defiant Donald Trump…...

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Tue, 16 Jul 2024

Altcoin season ahead? Decoding the market trends and predictions

Are current market conditions, including spot Ethereum ETFs and Bitcoin volatility, pointing towards an imminent altcoin season? Read on. In recent weeks, the crypto market has experienced critical shifts, keeping everyone on edge. The turmoil began when the defunct Mt.…...

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Tue, 16 Jul 2024

Ripple (XRP) price gets overbought as whale accumulation continues

Ripple’s price experienced a strong recovery this week, driven by increased whale activity. Ripple’s (XRP) price experienced a strong recovery this week, driven by increased whale activity. The XRP token surged to $0.5705 on Tuesday, its highest level since April…...

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Tue, 16 Jul 2024

Decentralized GPU startup Aethir reveals $36m in annual recurring revenue

Aethir, a decentralized cloud infrastructure platform, managed $36 million in annual recurring revenue (ARR) this past year. Unlike total revenue, annual recurring revenue shows only subscription-based revenue. ARR is crucial for Software as a service (SaaS) companies. The DePIN startup,…...

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Tue, 16 Jul 2024

Jack Dorsey’s Bitcoin wallet Bitkey partners with MoonPay

Bitkey and MoonPay have joined hands to simplify Bitcoin purchases powered by traditional web2 channels. ...

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Tue, 16 Jul 2024

Plaintiffs renewed the lawsuit against Tether and Bitfinex once again

Another lawsuit has been filed against the Tether stablecoin issuer and the Bitfinex crypto exchange. The plaintiffs changed and again filed a lawsuit against Tether and Bitfinex, accusing the company of manipulating the price of Bitcoin (BTC) and other digital…...

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