The defunct crypto exchange Mt. Gox will start distributing over 140,000 Bitcoin to victims of the 2014 hack in July 2024. The repayments, in Bitcoin and Bitcoin Cash, might add selling pressure to both markets. The Rise and Fall of Mt. Gox In its prime, Mt. Gox handled 70% of Bitcoin transactions worldwide. It was …
Mt. Gox to Begin Repayments in July; Bitcoin Slides Under $60K Read More »
JasmyCoin ($JASMY) has recently defied the broader crypto market trends, showcasing a remarkable price surge. As many top altcoins mirrored Bitcoin’s consolidation, JASMY price surged by 12% on June 23, standing out as the top-performing token among the top 100 by market cap. Recent Performance Despite these fluctuations, JASMY managed to rebound, gaining momentum over …
Billionaire investor Mark Cuban reported losing access to his Gmail account after falling prey to a hoax call, just months after more than $800,000 was stolen from his cryptocurrency wallet. “I got hacked at my mcuban@gmail.com because someone named Noah from 650-203-0000 called, claimed I had an intruder, and spoofed Google’s recovery methods,” Cuban wrote …
BtcTurk, a leading crypto exchange in Turkey, suffered a cyber attack resulting in unauthorized access to several of its hot wallets. The exchange detected the attack, revealing that hackers managed to steal crypto balances from some of its hot wallets. In response to the attack, BtcTurk has temporarily suspended all crypto deposits and withdrawals. The …
Fidelity has updated its S-1 filing for a spot Ethereum ETF, as per documents submitted to the U.S. Securities and Exchange Commission (SEC) on Friday. The asset management firm is the first to amend its S-1 Registration Statement with the SEC, signaling the start of what ETF analysts predict could be a busy period for …
Standard Chartered to Launch Spot Crypto Trading for Bitcoin, Ethereum The British multinational banking and financial services firm, Standard Chartered, is set to launch a spot cryptocurrency trading platform for Bitcoin and Ethereum. According to sources, this new venture will handle transactions in these two major cryptocurrencies. Standard Chartered Ready to Launch Crypto Trading On …
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The investment landscape is witnessing a significant shift with the introduction of the Solana ETF. 3iQ Corp, one of Canada’s leading investment fund managers, has filed to launch the first Solana Exchange Traded Fund (ETF) in Canada, and consequently, in North America. This groundbreaking move places Solana alongside other major digital assets available through traditional …
The Winklevoss twins have reportedly donated $2M in Bitcoin to Donald Trump’s presidential campaign to end “Joe Biden’s war on crypto”. The twins shared the news on their respective X handles and also pledged to vote for Trump come November. Trump is “pro-Bitcoin, pro-crypto, pro-business”, Cameron Winklevoss declared on X, formerly Twitter, on Thursday. “And he …
Michael Saylor’s MicroStrategy, which is the largest corporate holder of Bitcoin bought yet more Bitcoin. 11.9k $BTC worth around $750M+ were bought by the company according to their press release. MicroStrategy shares have surged approximately ten-fold since the company began purchasing Bitcoin four years ago. Similarly, Semler shares have increased by over 60% since the …
Major Penalty for Non-Compliance India’s Financial Intelligence Unit (FIU) has fined Binance, the world’s largest cryptocurrency exchange, approximately $2.2 million (18.82 crore INR). The penalty was imposed for providing services to Indian clients without adhering to the nation’s anti-money laundering rules. This enforcement action was announced on Thursday. Key Points: Showcause Notices and Initial Ban …
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