Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments

Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling... Read more »

Bitpanda and Coinmotion join forces to bring over 400 digital assets to Nordic users

Key Takeaways Bitpanda Technology Solutions expands Coinmotion’s crypto offerings to over 400 coins. The partnership aims to enhance user experience and safety in crypto trading. Share this article Bitpanda Technology Solutions has... Read more »

Institutional Bitcoin ETF ownership led by Wisdom Tree at 92%, IBIT at 47%

Quick Take Matthew Sigel, head of digital assets research at VanEck, noted the institutional ownership in Bitcoin ETFs, reflecting the growing interest in these financial instruments. A breakdown of institutional ownership percentages... Read more »

Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo... Read more »

Bitcoin’s 2022 bull cycle shows recurring deep corrections, aligning with historical patterns

Onchain Highlights DEFINITION: Bitcoin bull market corrections: drawdowns compared across previous cycles Bitcoin’s 2022+ cycle reveals a continuation of steep corrections, evidenced by multiple drawdowns exceeding 20% from peak values. This trend... Read more »

Binance and Macau police team up to fight against online scams

Key Takeaways Binance integrates anti-fraud alerts to protect users from scams. Customized scam warnings are now issued to Macau users withdrawing assets from Binance. Share this article Binance and the Macau Judiciary... Read more »

Publicly traded Bitcoin miners decrease sell-offs

Quick Take In a recent analysis shared by Kelly Greer, an analyst at Galaxy, data from NYDIG reveals a significant shift in the behavior of publicly traded Bitcoin miners over the past... Read more »

Seychelles Approves Bill on Virtual Asset Regulation

The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a... Read more »

Solana funds see record $39 million outflows as meme coin volumes plummet

Key Takeaways Solana experienced record outflows of US$39 million amid a sharp decline in memecoin trading volumes. Bitcoin led inflows with US$42 million, while Ethereum saw US$4.2 million inflows despite mixed provider... Read more »

Coinbase believes young crypto voters will be a deciding factor in the US elections

Coinbase believes that young, pro-crypto voters could play a pivotal role in the 2024 US presidential election and potentially become the deciding factor in who wins. The exchange said in an Aug.... Read more »
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