Others News

The second quarter of 2024 in the crypto world was dominated by meme coins, Real World Assets (RWA), and Artificial Intelligence (AI), maintaining a strong market presence at 35.7%, similar to the first quarter.

Meta is set to slash its Reality Labs budget by 20% by 2026, a strategic move aimed at realigning the division’s focus and managing costs.

Wintermute Trading Ltd., a key cryptocurrency trading firm, is reportedly aiming to secure up to $2 billion in funding.

Major U.S. banks are grappling with significant financial losses due to rising unpaid debts. Bank of America, Citigroup, and Goldman Sachs have reported combined losses of $4.1 billion.

A US court has approved Binance US’s request to invest customer fiat funds held at BitGo into US Treasury Bills.

The adage “the stock market rewards the patient” extends beyond traditional finance and applies to the cryptocurrency realm as well.

CrowdStrike CEO George Kurtz recently addressed the company’s downtime, assuring customers that it was not due to a security breach or cyberattack.

The incident was traced to a technical fault in CrowdStrike’s centralized software, which led to widespread issues including system crashes on Windows devices. CrowdStrike’s head, George Kurtz, clarified that the problem was not a cyberattack but a technical glitch that has since been addressed. He urged affected parties to consult the support portal for further […]

Former President Donald Trump is seeking substantial contributions from his crypto-supporter base, setting a steep price of $844,600 for a private roundtable at the Bitcoin Conference 2024 in Nashville.

Tornado Cash, the crypto mixer under sanction, has experienced a notable increase in deposits despite its legal and regulatory issues.

On July 18, Tyler Winklevoss, co-founder of the Gemini crypto exchange, announced a notable political donation of $500,000 worth of Bitcoin to support John Deaton’s Senate campaign in Massachusetts.

A series of technical problems caused disruptions to services at airlines, banks and the London Stock Exchange on Friday, marking an unusual string of outages that spread from the United States to Asia following the disruption of online services reported by Microsoft Corp.

OKX has designated Malta as its hub for Markets in Crypto Assets (MiCA) compliance, aligning with European Union regulations.

Bitcoin has seen a notable increase in exchange balances recently, with around 64,000 BTC, equivalent to about $4.1 billion, moving onto exchanges in the past month, based on Glassnode data.

Bankrupt crypto lender BlockFi is gearing up to return funds to its customers this month, with Coinbase handling the distribution.

The presidential battle between Joe Biden and Donald Trump may be coming to an end.

Meta, following Apple’s lead, has decided to halt the release of new artificial intelligence (AI) features in the European Union (EU) due to regulatory uncertainty.

Jack Dorsey’s decision to suspend Cash App services in the United Kingdom after six years of operation underscores regulatory challenges faced by the Bitcoin-friendly platform.

Following the attempted assassination of Donald Trump, shares of Trump Media (DJT) surged approximately 70% in premarket trading on the first trading day following the incident.

Bitcoin miner Cipher Mining is reportedly exploring a potential sale following interest from potential buyers, according to Bloomberg.

Cryptocurrency miners are turning to AI for new revenue streams due to challenges in their traditional operations.

After the recent shooting during a republican rally, Donald Trump’s chancec of being elected as president of the US have skyrocketed.

Ethereum co-founder Vitalik Buterin advises against voting solely based on candidates’ pro-crypto stance in a recent article.

The UK’s new government has outlined plans to regulate advanced AI models, marking a departure from previous policies as highlighted in King Charles’ recent legislative agenda speech encompassing over 35 bills.

Following the July 13 assassination attempt on Donald Trump, the cryptocurrency market saw a surge in meme coins like $FIGHT.

OKX, a prominent global cryptocurrency exchange, has announced the cessation of its operations in Nigeria.

BRICS and Russia in particular has raised concerns about the impact of cryptocurrency mining on power infrastructure, emphasizing the need for stricter regulations.

Uniswap Labs has officially launched its wallet browser extension for Google Chrome after a wait of over six months, during which more than 793,000 users joined the waitlist.

John Deaton, known for his advocacy in the crypto community and his legal battles involving Ripple, is now backed by Ripple itself in his bid for the Massachusetts Republican senatorial primary.

On July 16, Craig Wright posted a legal disclaimer on his website, stating unequivocally that he is not the pseudonymous creator of Bitcoin, Satoshi Nakamoto.

The failed cryptocurrency exchange FTX and the US Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, awaiting approval by a Delaware judge.

A Degen Chain user recently lost a significant portion of their assets, totaling 785,000 DEGEN, during a cross-chain transaction.

Kraken announced on July 16 that it is partnering with Tottenham Hotspur football club.

Vitalik Buterin recently voiced concerns about excessive investment practices, particularly in infrastructure that may not necessarily require such funding.

Stripe has expanded its cryptocurrency integration in Europe, enabling customers across the EU to purchase Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies using their Stripe-issued credit or debit cards.

Russia’s Ministry of Finance is proposing a new regulatory approach that could allow established financial exchanges to manage digital asset trading for a limited group of investors, as reported by Interfax on July 10.

Cathie Wood, the founder of Ark Invest, remains a significant figure in the world of growth investing despite her flagship Ark Innovation ETF (NYSEMKT: ARKK) declining nearly 6% over the past five years, even as the S&P 500 surged 85%.

While Bitcoin and the broader cryptocurrency markets are experiencing a period of stagnation, PostFinance, a bank wholly owned by the Swiss government, has provided some positive news for 5 altcoins.

AI, in essence, refers to software and systems performing tasks typically handled by humans, with the remarkable capability of learning and improving without human intervention.

MicroStrategy saw its stock rise 15% on Monday, following Bitcoin’s surge to $65,000 with double-digit gains.

Former President Donald Trump, the likely Republican candidate for the 2024 U.S. presidential race, has selected Sen. J.D. Vance, a supporter of cryptocurrency, as his running mate.

Genesis Trading has moved over 12,600 BTC, valued at approximately $720 million, to Coinbase within the past month.

Financial titan BlackRock reached a significant milestone by managing over $10.6 trillion in assets.

Coinbase Institutional, the institutional arm of the US-based digital asset exchange platform, anticipates further consolidation in the crypto market this quarter.

Tether took froze 29.62 million USDT tokens associated with criminal activities involving Cambodia’s Huione Group.

Venture capitalist Arthur Cheong envisions a successful future for cryptocurrency even without widespread adoption.

Former President Donald Trump announced on social media that he was grazed by a bullet during a campaign rally in Butler, Pennsylvania, on Saturday.

Reuters reported that shots were fired during Donald Trump’s rally in Pennsylvania, resulting in the former president being escorted off the stage by security officials.

Cryptocurrency trading worldwide is seeing a significant upswing, with CoinWire forecasting that trading volumes will hit $108 trillion by the end of 2024, marking a 90% rise since 2022.

Circle CEO Jeremy Allaire has emphasized the potential impact of AI and crypto technologies on driving US Gross Domestic Product (GDP) growth.

FTX, a defunct crypto exchange, has reached a preliminary agreement to settle with the US Commodity Futures Trading Commission (CFTC), marking a significant step in its bankruptcy proceedings since its abrupt collapse in 2022.

Despite recent price challenges, optimism prevails among crypto investors, as per a CoinGecko survey.

On June 10, Democratic Representative Ro Hanna of California hosted an important meeting on crypto in Washington, DC.

Coinbase analysts David Duong and David Han suggest that a major crypto rally is unlikely in Q3 2024, anticipating unstable market conditions for the quarter.

Morgan Creek Digital plans to invest $500 million in AI, blockchain, semiconductor chips, and data through a new venture capital fund aimed at Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) regions.

Peter Schiff, a well-known economist and Bitcoin critic, has predicted that gold will outperform BTC amidst shifting market dynamics.

Bitget reported significant growth in Q2 2024, including a 50% surge in website traffic and the addition of 2.9 million new users.

Coinbase Ventures, the investment branch of Coinbase, the largest cryptocurrency exchange in the U.S., has made a notable investment in Aerodrome Finance (AERO).

MicroStrategy announced a 10-for-1 stock split of its Class A and B common stock on July 11.

Republican presidential candidate Donald Trump will speak at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27.