Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade

Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to... Read more »

Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms

Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest... Read more »

Ethereum’s funding rates and price decline point to bearish shift

Onchain Highlights DEFINITION:The average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative,... Read more »

SEC Charges Novatech in $650 Million Crypto Fraud Scheme

The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment... Read more »

US government transfers 10,000 Silk Road BTC to Coinbase Prime, Bitcoin price holds steady

A Bitcoin (BTC) address that received 10,000 BTC from a US government wallet two weeks ago moved the entire stash to a Coinbase Prime deposit wallet today, according to on-chain data. The... Read more »

Bitcoin Miner Core Scientific Announces $350 Million Convertible Senior Notes Offering

Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029,... Read more »

3AC liquidators file lawsuit against Terraform Labs seeking $1.3 billion in damages

Three Arrows Capital (3AC) liquidators have filed a lawsuit against Terraform Labs, seeking $1.3 billion in damages for TerraLUNA’s collapse. The legal action, filed on Aug. 12, claims that Terraform Labs manipulated... Read more »

New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra

New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the... Read more »

Solana L2 DEX could rival centralized exchange experience

Key Takeaways Zeta Markets is developing a Solana L2 blockchain to enhance DEX performance with faster trades and higher success rates. The proposed L2 solution aims to achieve 3-5ms confirmations and 10,000... Read more »

Bitcoin climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributions

Bitcoin’s price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange. The rally, which saw the leading crypto jump by... Read more »
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