Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions... Read more »
Key Takeaways Tether’s new stablecoin is fully backed by UAE-based liquid reserves. Tether aims to be a pioneer in the UAE’s crypto market by being among the early adopters of the new... Read 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... Read more »
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry.... Read more »
The Postal Square Building in Washington, D.C. which houses the Bureau of Labor Statistics. Photo by AgnosticPreachersKid from Wikipedia. Key Takeaways Goldman Sachs warns the upcoming BLS job report might exaggerate economic... Read more »
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced... Read more »
Quick Take Juan Leon, Senior Investment Strategist at Bitwise Invest, highlights the growing influence of stablecoins in the US Treasury bill market. Currently, stablecoins hold approximately 1% of US Treasury bills, but... Read more »
Key Takeaways BlackRock’s IBIT and Fidelity’s FBTC rank among top 15 global ETFs for inflows in 2024. US spot crypto ETFs represent 1.9% of total global flows, with Bitcoin ETFs outperforming Ethereum... Read more »
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their... Read more »
Crypto companies have significantly increased their involvement in the US federal elections in 2024, contributing over $119 million so far, according to a Public Citizen report published on Aug. 21. The report... Read more »
