Australians Lose $122 Million to Crypto Scams in Past Year
Australians have fallen victim to crypto scams totaling $122 million (AUD 180 million) in the last 12 months, according to a new report from the Australian Federal Police (AFP). Most of the…
White Hat ‘SEAL’ Team Surpasses 900 Investigations
In a bid to combat the growing threat of cryptocurrency hacks, an elite team of ethical hackers known as the “SEAL” team has been making significant strides in strengthening crypto defenses. Since…
Bitcoin’s Path to $150K: A Wild Rally or a Seller’s Trap?
Bitcoin is poised for what one analyst has dubbed “batshit season,” with the potential to reach $150,000 by the end of the year. However, other indicators suggest that a wave of short-term…
Concerns Mount Over Health of Binance Executive Detained in Nigeria
The family of Tigran Gambaryan, a Nigerian Binance executive detained for six months, has raised serious concerns about his deteriorating health, alleging severe medical negligence during his imprisonment. Detention and Allegations Gambaryan…
Crypto Investment Products See Largest Inflows in Five Weeks
Cryptocurrency investment products, particularly those related to Bitcoin, saw their largest inflows in five weeks, as investors increasingly turned to Bitcoin-related exchange-traded products (ETPs). This surge comes amid expectations of potential interest…
Ether’s Price Surge After 2020 Ethereum Foundation Sale
In the past, significant sales by the Ethereum Foundation have preceded substantial increases in Ether’s price, leading to speculation about what might happen after their latest move. According to blockchain analysis firm…
Hong Kong Bitcoin ETFs Surpass $250M in AUM
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing 2 billion Hong Kong dollars (approximately $256 million) in assets under management (AUM). However, despite this achievement, these ETFs…
Federal Court Rejects Kraken’s Motion to Dismiss SEC Lawsuit
A United States federal court has denied Kraken’s motion to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC), which alleges that the crypto exchange is operating as an unregistered…
India to Release Consultation Paper on Cryptocurrency Regulations
The Indian government is set to take a significant step toward regulating cryptocurrency by releasing a consultation paper on the subject between September and October 2024. This initiative, led by a panel…
Ethereum’s Layer-2 Networks Face Rising Failed Transactions
Ethereum’s Dencun upgrade, implemented in March, has significantly improved the economics of Ethereum rollups but has also led to an increase in transaction failures across layer-2 networks, according to research from Galaxy.…
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