Bitcoin miner Bitfarms reported an increase in Bitcoin production for June following an overall capacity upgrade. According to its latest monthly production report, Bitfarms’s BTC production rose 21% month-on-month to 189 BTC in June, up from... [More...]
Several market analysts expect Bitcoin to rebound strongly in July after declining by around 7% in June. Last month, BTC faced heavy selling pressure from capitulating Bitcoin miners, who offloaded around $2 billion worth of their holdings due to fa... [More...]
Update on July 2nd at 12:30 WEST: Clarification on Polkadot Treasury Fundingphl63 In response to feedback, we have updated the content of this article to clarify that Polkadot’s treasury, although reflecting approximately two years of current... [More...]
The US Securities and Exchange Commission’s continued delay in approving spot Ethereum exchange-traded funds (ETFs) for trading resulted in Ethereum ETFs recording their most significant outflows in two years.filbet According to CoinSharesR... [More...]
MakerDAO introduced new upgraded versions of its DAI stablecoin and the MKR governance tokenphl63, called NewStable (NST) and NewGovToken (NGT), respectively. According to the Aug. 22 announcement, upgrading to the new tokens is optional, and they w... [More...]
The Chinese government announced the extradition of the mastermind behind a multi-billion-dollar crypto pyramid scheme from Thailand, according to an Aug. 23 statement. The Chinese Ministry of Public Security identified the suspect as Zhang, who was... [More...]
Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 network designed to accelerate blockchain technology adoption, according to an Aug. 23 statement. The layer-2 network—a result of a col... [More...]
Colombia’s Superintendence of Industry and Commerce (SIC) has initiated formal proceedings against Worldcoin Foundation and Tools for Humanity over alleged violations of the country’s personal data protection regulations. According to th... [More...]
Anchorage Digitalstrike33, a leading institutional-grade crypto platform, has launched a reward program for institutional investors holding PYUSD on its platform or in its self-custody wallet Porto, according to an Aug. 22 statement. The company ann... [More...]
Vitalik Buterin said that the series of critical developments in Ethereum’s (ETH) ecosystem in recent months have made the network’s fundamentals “crazy strong.” Buterin made the statement in response to claims that Ethereum... [More...]
Russia is reportedly exploring the establishment of two crypto exchanges to facilitate foreign economic activities, local media outlet Kommersant reported on Aug. 23. The proposed exchanges will be located in Moscow and St. Petersburg, serving as hu... [More...]
Japan’s DMM Group99bet, along with its subsidiary DMM Crypto, is partnering with blockchain developer Progmat to explore the launch of a stablecoin under existing local regulations, according to an Aug. 23 statement. Initially, the stablecoin... [More...]
The Indian government is preparing to introduce comprehensive regulations for the crypto sectorjilibay, local media reported on Aug. 22. Sources familiar with the matter said the first step of the plan is to release a consultation paper in the comin... [More...]
Former President Donald Trump announced the upcoming launch of the Trump Organization’s new crypto platform — dubbed “The DeFiant Ones” — on Aug. 22.filbet Trump made the announcement via a post on Truth Social and hinted that the... [More...]