Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP...Read More
Former President Donald Trump has announced that he has chosen crypto-friendly Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. According to his latest federal financial disclosure, Vance, a venture capitalist turned politician, owns between $100,001 and $250,000 in Bitcoin. Trump and Vance’s United Front on Crypto Earlier this year, former President Trump’s stance on...Read More
According to a Reuters report, three industry sources indicate that spot Ether exchange-traded funds (ETFs) are expected to begin trading on July 23. The sources also mention that the U.S. Securities and Exchange Commission (SEC) has granted preliminary approval for at least three of eight asset managers to release the spot Ether ETFs. Will Spot...Read More
[PRESS RELEASE – New York City, New York, July 16th, 2024] PlayFi, an AI-powered data network and blockchain tailored for the live streaming industry, is excited to announce its groundbreaking first live content predictive market competition for the Esports World Cup in Saudi Arabia. The competition is completely powered by PlayFI AI processors and backed...Read More
[PRESS RELEASE – Majuro, Marshall Islands, July 16th, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry announces strategic partnership with Tokinvest with the goal of transforming tokenized real-world asset trading. This partnership aims to take real-world asset (RWA) trading to the next level with an end-to-end dual market solution for RWA token...Read More
The court has postponed the case of money laundering against Binance in Nigeria until October 11. Binance faces four allegations of tax evasion in Nigeria. These include allegations of not registering for tax with Nigeria’s Federal Inland Revenue Service. In addition to tax evasion, Nigerian authorities have accused Binance and its two executives, Tigran Gambaryan...Read More
[PRESS RELEASE – Newport Beach, California, USA, July 16th, 2024] BioMatrix is excited to announce a groundbreaking partnership with TapCoins, the first Web3 gamified social learning platform designed to enhance knowledge through digital play. This collaboration marks a significant milestone BioMatrix’s mission to provide innovative solutions and expand the utility of PoY AI Tokens within...Read More
On 20 May 2024, Dr Craig Steven Wright was found by the High Court of England and Wales to have been dishonest in his claims to have been the person behind the pseudonym Satoshi Nakamoto (the creator of Bitcoin). The Court found that Dr Wright “lied to the Court extensively and repeatedly” in his evidence...Read More
Kraken has announced the receipt of funds from the Mt. Gox Rehabilitation Trustees on July 16th. This marks a significant step towards compensating those impacted by the historic collapse of the Mt. Gox exchange a decade ago. In an email to the affected parties, the exchange said it plans to begin distributing Bitcoin (BTC) and Bitcoin...Read More
The decentralized finance (DeFi) platform LI.FI protocol has suffered an exploit amounting to over $8 million. Cyvers Alerts reported detecting suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI Issues Warning After $8 Million Exploit LI.FI confirmed the breach in a statement on July 16 via X: “Please do not interact with any http://LI.FI powered...Read More
[PRESS RELEASE – Singapore, Singapore, July 16th, 2024] PEXX, a pioneering fintech startup specialising in cryptocurrency and blockchain technology, today announced the successful closure of a $4.5 million seed funding. This significant investment will propel the development of the company’s innovative stablecoin-to-fiat payment platform, set to revolutionise the way people transfer currencies across borders. The...Read More
The US spot Bitcoin ETFs recorded a daily net inflow of $301 million on July 15th. This extended their winning streak to seven consecutive days amidst a broader market recovery. None of the ETFs recorded outflows for the day. Bitcoin ETFs Rake in $16.11B in Net Inflows Since Jan According to the data compiled by...Read More
Tesla CEO Elon Musk has declared plans to support the America PAC, a political action committee supporting Donald Trump, the Republican presidential candidate for the upcoming United States election. According to a WSJ report, citing individuals familiar with the matter, Musk intends to devote $45 million monthly to this committee starting in July. Musk to...Read More
On July 16, Mt. Gox began transferring BTC as it prepares to pay back customers who lost assets in the devastating exchange hack a decade ago. According to Arkham Intelligence, a Mt. Gox-linked wallet moved 0.021 BTC to another address. Industry observer Colin Wu suggested that this could be a transfer test. Mt. Gox Moves Bitcoin...Read More
Bitfinex analysts have warned crypto investors to be cautious as bitcoin’s (BTC) recovery over the weekend is not a sign that its correction is over; the asset could witness more bloodshed in the near term. In the latest Bitfinex Alpha report, experts deemed the market’s reaction this week critical, especially as supply alleviated over the...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 15th, 2024] Flare, the layer 1 blockchain for data, is delighted to announce that the SparkDEX team has chosen to deploy its advanced decentralized finance hub on the network, featuring an AMM and perps protocol. In doing so, SparkDEX will leverage Flare’s enshrined data protocols for decentralized...Read More
Just as Bitcoin reclaimed the $63,000 level at the start of this week, Whale Alert has identified the activation of a dormant address containing 1,000 BTC, worth approximately $60 million, on July 15th, after more than a decade of inactivity. This wallet initially received the stash around 11 years and 9 months ago, on September...Read More
