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The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction analyses, and providing expert testimony. NY District Attorney Seeks Cryptocurrency Analyst The New York County District Attorney’s Office has put up a job posting for […]View the full article

Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $100 into his Crypto.com account in May 2021. Due to a discrepancy between account names, the transaction was rejected, but an error by a Bulgarian employee led to a […]View the full article

Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $2.2 trillion. Crypto Economy and U.S. Stocks […]View the full article

Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon aims to foster innovation and the adoption of PYUSD on Solana. Paypal Announces Global PYUSD Hackathon […]View the full article

Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians […]View the full article

The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses, to enhance the detection and prosecution of corporate crimes. Whistleblowers who provide non-public information leading to forfeitures over $1 million are eligible for awards. DOJ […]View the full article

Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its […]View the full article

Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise of Ethereum exchange-traded funds (ETFs) in Asia. Institutional […]View the full article

Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government and is not legally required to disclose its activities, it has failed to file its balances annually as […]View the full article

Cryptocurrency exchange Bybit has announced its exit from the French market, citing increasing regulatory pressures from French authorities. The Autorité des Marchés Financiers (AMF) had previously issued a warning against Bybit, advising investors to avoid trading on the platform. Starting August 2, 2024, Bybit will restrict French users’ accounts to “close-only” mode, allowing them only […]View the full article

MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair value loss on digital assets. MARA Reports Q2 Earnings: Revenue Rises 78% Despite […]View the full article

PlayDoge (PLAY), the latest meme coin sensation, is on the verge of hitting a major milestone. This retro-style project is nearing the $6 million mark in its limited-time presale. Both investors and gamers are eager to get in on the action – and the excitement around PlayDoge’s prospects is growing fast. PlayDoge Combines 90s Nostalgia […]View the full article

Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave interest rates unchanged, geopolitical risks, and the constant demand from central banks. Gold […]View the full article

In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July marked the second consecutive month […]View the full article

Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private Placement According to the announcement, the bitcoin miner Argo Blockchain (Nasdaq: ARBK) will issue 57.8 […]View the full article

The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising by 11%. Q2 2024 Sees Record Gold Demand The World […]View the full article

The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research, criticizing previous work for its lack of fundamental understanding of bitcoin. University of Wyoming Launches Bitcoin Research Institute The University of Wyoming (UW) has launched […]View the full article

Russia plans to launch international cryptocurrency payments by the end of the year to counter Western sanctions, according to the governor of the Bank of Russia. The central bank is prepared to be flexible and is already discussing the conditions of this initiative with various ministries, agencies, and businesses. In addition, Russia’s State Duma, the […]View the full article

Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent […]View the full article

Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating for its adoption as a primary treasury asset to ensure economic […]View the full article

Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative nature, Solomon stated he had “never been on the other side as to whether or not bitcoin would be something that’s […]View the full article

The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain the current rate this week, with a […]View the full article

Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of bitcoin by politicians and industry leaders, anticipating greater regulatory clarity. She stressed the importance of politicians and industry leaders explicitly acknowledging bitcoin’s value in the […]View the full article

The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used the funds for personal expenses. He attempted to evade regulatory scrutiny by portraying Bitclout as decentralized […]View the full article

This week, the open-source bitcoin explorer and onchain parser, mempool.space, unveiled its new bitcoin transaction accelerator. The team shared on X that it has collaborated with several major mining pools that contribute significantly to the network’s overall hashrate. Mempool.space and Several Mining Pools Launch Bitcoin Transaction Accelerator In the past few days, the average BTC […]View the full article