Toncoin drops 18%, Notcoin tumbles following arrest of Telegram CEO Pavel Durov

Key Takeaways Pavel Durov’s arrest in France led to a 18% drop in Toncoin’s value. French authorities link Durov with crimes facilitated through Telegram’s lack of moderation. Share this article The price... Read more »

Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate

In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began,... Read more »

EU’s fragmented AI regulatory framework is hampering innovation: Meta and Spotify CEOs

The European Union’s “fragmented regulatory structure” is stifling artificial intelligence (AI) innovation, Meta CEO Mark Zuckerberg and Spotify CEO Danie Ek said in a joint statement published on Friday. The two tech... Read more »

Blockchain industry pushes back against SEC’s sweeping audit trail regulations

The DeFi Education Fund and the Blockchain Association have submitted an amicus brief in support of a legal challenge against the Securities and Exchange Commission’s (SEC) Consolidated Audit Trail (CAT). The brief... Read more »

Kraken operator loses case in Australia over margin trading product

Key Takeaways Bit Trade failed to comply with design and distribution obligations for its margin trading product. ASIC plans to seek financial penalties against Kraken’s Australian operator. Share this article The Australian... Read more »

National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation

The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the... Read more »

Bitcoin accumulation addresses see steady rise

Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least 2 incoming non-dust transfers and have never spent funds. Exchange addresses and addresses receiving... Read more »

Russia plans to set up crypto exchanges to support global trade

Key Takeaways Russia plans to establish crypto exchanges in Moscow and St Petersburg to support international trade. The exchanges will use stablecoins linked to the Chinese yuan and BRICS currencies to reduce... Read more »

Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per... Read more »

China extradites mastermind behind $14 billion crypto pyramid scheme

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... Read more »
Dip Your Toes in Crypto Blog