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Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during the first two weeks. The app also announced that it would yield additional bonuses until the […]
https://news.bitcoin.com/wallet-on-telegram-extends-50-apy-for-usdt-promotion/

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The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer reports received in the first half of 2024 pertained to these scams, reflecting a 44% increase from the same […]
https://news.bitcoin.com/surge-in-crypto-scams-fsma-sees-significant-spike-in-recovery-room-fraud/

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Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as […]
https://news.bitcoin.com/central-bank-of-bolivia-states-crypto-might-be-beneficial-remarks-stablecoins-utility-as-dollar-proxy/

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A recent study has found that cryptocurrency ownership is associated with belief in conspiracy theories and “dark” personality traits such as narcissism, Machiavellianism, psychopathy, and sadism (collectively known as the “Dark Tetrad”). The research highlights the diverse political identities of crypto owners and their aversion to authoritarianism. Study Reveals Political and Psychological Traits of Cryptocurrency […]
https://news.bitcoin.com/crypto-owners-more-likely-to-have-dark-traits-study-shows/

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The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s BTC liquidation, Tron founder Justin Sun has offered to purchase the remaining […]
https://news.bitcoin.com/german-government-still-holds-over-40k-bitcoins-after-recent-sale-onchain-data-shows/

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Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance (defi) sector. The move aims to enhance financial accessibility and liquidity within the Bitcoin ecosystem. U.S. Treasury Bills Tokenized on Bitcoin’s L2s Hamilton, a startup […]
https://news.bitcoin.com/rwa-startup-hamilton-tokenizes-us-treasury-bills-on-bitcoin-l2-solutions/

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Meta launched the Meta Llama Impact Innovation Awards to support organizations in developing regions that use Meta’s advanced AI models, Llama 2 and 3, to solve local problems in education, environment, and other areas. The AI models are recognized for their enhanced reasoning capabilities and potential to drive economic and social opportunities. Grants of up […]
https://news.bitcoin.com/meta-launches-awards-to-drive-ai-innovation-in-developing-regions/

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PRESS RELEASE. The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might be facing censorship on the social media platform X, formerly known […]
https://news.bitcoin.com/unveiling-the-future-mr-blacks-cryptic-art-and-censorship-concerns/

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Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily mining revenue per petahash of […]
https://news.bitcoin.com/bitcoins-daily-mining-revenue-dollar-value-plummets-to-historic-low/

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According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that despite the current crypto sell-off, the options market remains hopeful. Crypto Liquidation Tops $305M as […]
https://news.bitcoin.com/bitcoin-hits-new-low-since-february-options-market-stays-optimistic/

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The Russian Central Bank has encouraged businesses to explore various payment methods, including cryptocurrencies, to mitigate the impact of Western sanctions.

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Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase all BTC off-market in order to minimize the […]
https://news.bitcoin.com/tron-founder-justin-sun-offers-to-buy-german-governments-btc-stash-amid-price-drop/

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South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably, the approvals do not mean crypto assets are recognized as a legal form […]
https://news.bitcoin.com/south-africa-approves-63-crypto-asset-service-provider-license-applications/

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Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain connectivity. Zand will leverage Taurus’ integrated custody and tokenization solutions to expand its digital […]
https://news.bitcoin.com/uaes-zand-bank-to-offer-crypto-services/

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Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised capital by paying high salaries to attract talent. CEO Avoids […]
https://news.bitcoin.com/mara-collapse-african-crypto-exchange-burns-16-million-for-salaries-and-bonuses/

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Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024. It also bagged Finder’s best-advanced trading and crypto trading – extra features. Meanwhile, Wemoney named Kraken the best platform for casual investors and excellent rates and fees. Kraken also received honorable mentions in other categories, including […]
https://news.bitcoin.com/australia-honors-kraken-with-several-crypto-awards/

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Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed. The Ministry of Finance also confirmed that this is being […]
https://news.bitcoin.com/russia-in-the-process-of-regulating-the-use-of-stablecoins-for-cross-border-settlements/

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On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers were conducted earlier on July 4. The trustee had previously announced that […]
https://news.bitcoin.com/mt-gox-trustee-transfers-2-7b-in-bitcoin-creating-19th-largest-btc-wallet/

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🚨 Mt Gox just moved 47,229 bitcoin worth $2.71 billion 👉👉 https://x.com/BTCTN/status/1809023779882086639

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The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be […]
https://news.bitcoin.com/phoenix-bch-miner-elevates-hashrate-to-new-highs-raising-concerns-within-the-community/

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The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the network, impacting several community members. The foundation insisted that prompt actions were implemented to mitigate the attack and prevent future incidents. Malicious Package on PyPi Triggers Security Breach on Bittensor Chain On July 2, at 7:41 p.m. […]
https://news.bitcoin.com/opentensor-foundation-addresses-bittensor-security-breach/

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According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At the June 11-12 meeting, the FOMC highlighted that although inflation has […]
https://news.bitcoin.com/feds-minutes-report-cites-high-inflation-and-economic-risks-in-decision-to-hold-rates/

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DWF Labs announced the launch of a $20 million Cloudbreak Fund aimed at supporting Web3 projects in Chinese-speaking regions. The fund will provide investments and strategic resources to help emerging projects achieve their potential. DWF Labs Reveals Cloudbreak Fund for Web3 Projects in Chinese-Speaking Regions According to the announcement shared with Bitcoin.com News, DWF’s Cloudbreak […]
https://news.bitcoin.com/dwf-labs-launches-20-million-cloudbreak-fund/

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WienerAI (WAI) is proving there’s still plenty of appetite for new meme coins. This AI-powered token has just passed the $7 million mark in its ongoing presale as retail investors pile in. But WienerAI isn’t just another joke coin – it’s bringing some serious tech (and passive income potential) to the table. WienerAI Presale Ramps […]
https://news.bitcoin.com/wienerai-raises-7m-through-trending-presale-could-this-ai-meme-coin-explode/

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Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from Founders Fund, Framework Ventures, and Pantera Capital. Four-Day Funding Frenzy In the initial […]
https://news.bitcoin.com/207-million-invested-in-ai-crypto-and-blockchain-startups-in-96-hours/

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PRESS RELEASE. The world of meme coins has been dominated by Pepe (PEPE) for quite some time. However, a new contender, Mpeppe (MPEPE), is rapidly gaining traction, posing a significant challenge to Pepe (PEPE)’s supremacy. As Mpeppe (MPEPE) continues to attract a growing number of investors, the question arises: is this the end of the […]
https://news.bitcoin.com/pepe-trembles-as-mpeppe-mpepe-popularity-soars-is-this-the-end-of-the-meme-coin-rivalry/

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On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s […]
https://news.bitcoin.com/bitcoin-dips-to-56952-as-market-reacts-to-mt-gox-and-german-btc-moves/

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PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing its novel technology to unlock unparalleled […]
https://news.bitcoin.com/qed-protocol-raises-6-million-for-scaling-with-bitcoin-powered-tech/

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Minipay, an integral feature of the Opera Mini browser, has announced a significant upgrade with the introduction of ‘Pockets’. This new feature now supports USDC and USDT, two of the most widely used stablecoins, thereby enhancing its existing digital asset management capabilities. The innovative ‘Drag & Swap’ feature simplifies the process of switching between USDC, […]
https://news.bitcoin.com/operas-minipay-expands-stablecoin-support-adds-usdc-and-usdt-to-its-digital-wallet/

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A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began sending tips to his crypto wallet. Influencer: Incident Highlights Hope for Crypto […]
https://news.bitcoin.com/nigerian-student-returns-90-mistakenly-sent-solana-tokens-rewarded-for-honesty/

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