On July 24, 2024, MonoSwap, a decentralized exchange and staking platform, revealed it had been hacked and advised users to withdraw their funds and avoid adding more.
Ding Chen, CEO of CSOP Asset Management, forecasts that Bitcoin might soon hit $100,000, aligning with traders who believe that a rally spurred by Donald Trump’s support could be substantial.
Binance assessed the potential effects of the newly launched spot Ethereum ETFs on the market. According to their blog, the US SEC’s approval of these ETFs is expected to significantly influence Ethereum (ETH) prices and the broader crypto market.
Senator Cynthia Lummis is opposing the Biden administration’s proposed 30% tax on the electricity used by Bitcoin miners.
Coinbase is acting as the custodian for eight out of nine newly approved Ethereum (ETH) exchange-traded funds (ETFs), as reported by CEO Brian Armstrong.
Thailand’s Finance Minister, Pichai Chunhavajira, announced that a new digital wallet initiative will start on August 1, distributing 10,000 baht (around $280) to up to 45 million Thais.
South Korea’s Financial Supervisory Service (FSS) has summoned the nation’s top five cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—to address recent fee hikes amid new regulations.
Europol’s latest report reveals how criminals are increasingly using cryptocurrencies like stablecoins and Monero for illegal activities.
Riot Platforms, a major player in Bitcoin mining, has acquired Block Mining, a miner based in Kentucky, in a deal valued at $92.5 million.
On July 24, Ferrari announced plans to extend its cryptocurrency payment option to its European dealerships by the end of the month.