Resolv Teams Up With Hyperliquid, Brings USR Stablecoin to Both Centralized and Decentralized Exchanges
This collaboration boosts returns for USR holders by leveraging Hyperliquid’s high liquidity and competitive perpetual futures funding rates.
Category
Crypto
MicroStrategy Plans $700M Note Sale, Doubles Down on Bitcoin Strategy
MicroStrategy, led by Michael Saylor, is the largest corporate Bitcoin holder with 244,800 BTC valued at $14.2 billion.
Donald Trump Announces Crypto Project World Liberty Financial Launch Date
World Liberty Financial is developing a borrowing and lending service on blockchain technology. The project's white paper, obtained by CoinDesk, reveals similarities to Dough Finance, a recently hacked blockchain app.
India’s FIU Likely to Approve Two More Foreign Crypto Exchanges Soon
After approving Binance and KuCoin, the FIU has received applications from four other exchanges, and at least two are likely to be allowed to operate by the end of FY25.
Mastercard Teams Up with Mercuryo to Let You Spend Crypto from Your Own Wallet
This new partnership introduces a euro-denominated debit card that lets users spend cryptocurrencies like Bitcoin from their self-custodial wallets at over 100 million merchants in Mastercard's network.
Crypto Hacks Surged in August, Over $313M Lost in Multiple Attacks
The two largest incidents, both involving phishing attacks and unauthorized transfers, accounted for a staggering 93.5% of the total stolen funds, totaling $293.4 million.
Telegram Held $400M in Digital Assets, Generated Major Crypto Revenue in 2023
A substantial 40% of the company’s revenue is linked to its "integrated wallet" and the "sale of collectibles," both tied to cryptocurrency.
Crypto Startup Time.fun Raises $3M Seed Funding to Tokenize Creator Minutes
QUICK BITE According to a recent report by The Block, crypto startup Time.fun has secured $3 million in seed funding.…
Thai Authorities Bust Illegal Bitcoin Mining Linked to Power Outages
The house, rented by a company for four months, was abandoned by the operators, who fled before the raid. No arrests were made.
How KoinBX is Democratizing Crypto Access to Everyone
KoinBX aims to provide equal opportunities in the emerging decentralized crypto-economy, focusing on quality, security, and accessibility.
Anchorage Digital Introduces Stablecoin Rewards for PayPal USD Holders
PYUSD remains fully accessible and segregated in participants’ accounts on-chain for quick deployment leveraging Anchorage Digital’s industry-leading security model.
Airbnb Host Slapped with ₹1.25 Lakh Electricity Bill After Guests Mine Cryptocurrency
QUICK BITE A North Carolina Airbnb host had to add a surprising new rule: no cryptocurrency mining. This change came…
Crypto Crime Dips in 2024, But Centralized Exchanges Face Rising Thefts and Ransomware: Report
After a period of focusing on DeFi protocols, crypto criminals are targeting centralized exchanges. These exchanges, which handle significant Bitcoin transactions, are proving to be attractive targets.
Crypto Startups Secure $2.7 Billion in Q2 2024 Amid Shifting Investment Patterns
Infrastructure startups dominated funding rounds, with Monad, a parallelization Layer 1 platform, raising $225 million in a Series A, and DeFi-specific L1 Berachain securing $100 million in a Series B.
Tornado Cash Developer Seeks Additional $1M for Legal Defense Against Money Laundering Charges
The support account pointed out that Pertsev has run out of money, stressing the need to stand with him and raise between $750,000 and $1 million to cover his ongoing legal costs.
Japanese Investment Firm Metaplanet Secures $6.8M Loan to Expand Bitcoin Holdings
The loan from MMXX Ventures, a Metaplanet shareholder, has a 0.1% annual interest rate and a six-month term starting on Aug. 8. The company stated that the loan will be repaid in a lump sum.
Riot Posts $84 Million Quarterly Loss Amid Increasing Bitcoin Mining Difficulty
Bitcoin mining difficulty rose by 10.5%, from 82.05 trillion to 90.67 trillion, marking a 10% increase in the effort needed to mine a block compared to the previous 2,016 blocks or two weeks.
SEC Greenlights Grayscale Bitcoin Mini Trust for NYSE Arca Listing
SEC specifically authorized the 19b-4 form for the Grayscale Bitcoin Mini Trust. This trust, identified by the ticker “BTC,” is intended as a derivative of GBTC, with new shares of the mini trust to be distributed to GBTC shareholders.
GAGA Meme Coin Debuts With Peace-Focused Cryptocurrency Model
QUICK BITE Following recent global shifts and economic changes, meme coins have shown impressive resilience and flexibility. Established players like…
Crypto-Friendly Neobank Revolut Secures UK Banking License After Years-Long Wait
The London-based neobank has been waiting for years to reach this point after applying for a UK banking license in 2021.
Indian Finance Minister Ignores Crypto Industry’s Budget Tax Plea
The Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget speech on July 23 made no mention of cryptocurrencies. It has left the crypto industry in India in a state of uncertainty.
WazirX Takes Legal Action, Reports $234.9M Hack to FIU and CERT-In
“We're reaching out to 500+ exchanges to block the identified addresses. Many exchanges are cooperating with us, and we are actively working with them on additional resources to aid our recovery efforts,” said WazirX.
BlockFi to Start Crypto Distributions to Creditors Through Coinbase This Month
As per the company, the distributions will be processed in batches in the coming months, and eligible clients will receive a notification to the BlockFi account email on file.
Indian Crypto Exchange Wazirx Falls Victim to a North Korea-Linked ₹1900 Crore Hack
As per Web3 security firm Cyvers, a total of $234.9M (which is over ₹1900 crore) of WazirX’s funds have been moved to a new address. Each transaction's caller is funded by Tornado Cash.