Hong Kong aims to attract technology talent and improve the digital infrastructure while ensuring robust regulatory oversight. Hong Kong also follows Thailand and Singapore by introducing a regulatory sandbox for digital assets. The sandbox will enable testing of crypto products in a controlled environment, enhancing sector growth. Hong Kong joins other Southeast Asian jurisdictions in […]

Metaplanet, a publicly listed Japanese investment firm, purchased an additional ¥500 million ($3.4 million) worth of bitcoin. This brings the company’s total Bitcoin holdings to 303, acquired for ¥2.95 billion ($20 million). JUST IN: 🇯🇵 Metaplanet buys another ¥500 million worth of #Bitcoin pic.twitter.com/dfGWwqNBXw — Bitcoin Magazine (@BitcoinMagazine) August 13, 2024 On August 6th, Metaplanet […]

Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion. Now ranking 17th in the largest cryptocurrencies, investors and […]

The Top 4 Cryptos to Buy Right Now: Your Guide for a Crypto Windfall? Cryptocurrencies have evolved from the Wild West to mainstream marvels, making their way into every savvy investor’s portfolio. However, navigating this digital frontier can feel a bit overwhelming for newcomers. The good news is that 2024 is shaping up to be […]

Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended […]

Liquidators for failed cryptocurrency hedge fund Three Arrows Capital are seeking at least $1.3 billion from bankrupt TerraForm Labs for losses …

Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development.

Crypto startups attracted $2.7 billion in venture capital (VC) during the second quarter of 2024, according to PitchBook data. As reported by Bloomberg, this represents a 2.5% increase from the previous quarter but a nearly 10% decline compared to last year. Deal activity, however, fell by 12.5% from the first quarter. The digital asset market […]

Market finally regaining some momentum as price of BTC reaches $60,000

TL;DR XRP options activity surges: The $1.10 call option for XRP, expiring on August 28, leads with 4,347,000 contracts valued at $2.44 million, reflecting high market interest. Potential ETF influence: Analysts speculate that the surge in options activity may be linked to hopes for a US-based XRP ETF, especially after Ripple’s partial court victory against […]

TL;DR Digital asset investment products saw inflows of $176 million, with Ethereum leading with $155 million in inflows. Bitcoin short ETPs saw significant outflows of $16 million, reducing their assets under management to the lowest level of the year. Trading activity in exchange-traded products (ETPs) was significantly higher than usual, reaching US$19 billion in the […]

On Aug. 12, X owner Elon Musk said there appeared to be a massive distributed denial-of-service (DDOS) attack on the micro-blogging platform, “working on shutting it down.” A DDOS attack aims to disrupt a website or service by flooding the network with spurious traffic in an effort to prevent users from accessing the site. “As […]

Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest ‘digital asset fund flows weekly report,’ the asset manager revealed that last week marked a significant uptick in investor confidence, as digital asset investment products saw $176 million in inflows. According to James Butterfill, head of […]

Bernstein analysts suggest that Bitcoin’s decline is linked to Kamala Harris gaining support in polls against Donald Trump, with investors viewing a Harris administration as potentially unfavourable for crypto. The report says Harris’ rising odds on Polymarket have kept Bitcoin within a limited range, preventing it from reaching previous highs. Overall, crypto remains a sensitive […]

Solana’s DEX trading volume plummeted over 70% within a week, from US$3.3 billion to US$890 million, amid declining interest in memecoins, a decrease in network activity, and broader market uncertainty. Despite the drop in DEX volume, Solana’s TVL surged 261.5% in eight months, reaching US$4.7 billion, supported by strong performance from top protocols like Jito […]

Bybit has extended its partnership with the Dubai Multi Commodities Centre (DMCC), the cryptocurrency exchange announced today (Monday). Bybit will now transition from being a key ecosystem partner to an advisory role, a move expected to catalyze further growth in Dubai’s burgeoning crypto and Web3 sectors. Advisory Partner The newly elevated partnership, effective from August […]

A trader who continues to build his following with timely altcoin calls believes one Solana (SOL)-based memecoin is gearing up for a massive upside move. Pseudonymous analyst Bluntz tells his 268,500 followers on the social media platform X that dogwifhat (WIF) looks to be setting up to break out from a falling wedge formation. The […]

Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test $2 after initiating a fresh […]

In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics. Morpho, a decentralized lending developer, accounted for roughly 35.38% of the total funds raised across 20 different projects. $141.3 Million Floods Into 20 Crypto Startups and Projects Even with the crypto markets experiencing a […]

In the dynamic world of cryptocurrency, new cryptocurrency projects are constantly emerging, with only a handful of the best ones delivering …

The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.

Shiba Inu (SHIB) skyrockets 5% to $0.0000147, then crashes; what’s driving wild volatility?

Marathon Digital Holdings, one of the US’s largest publicly traded Bitcoin miners, announced plans to raise $250 million through a private offering of convertible senior notes. The funds will be used primarily to expand Marathon’s Bitcoin holdings. BREAKING: 🇺🇸 MARATHON DIGITAL HOLDINGS TO RAISE $250 MILLION TO BUY MORE #BITCOIN pic.twitter.com/6NKbfyDPvh — Bitcoin Magazine (@BitcoinMagazine) […]

A crypto analyst has unveiled a highly optimistic forecast for Bitcoin (BTC), suggesting that the end of the supposed Bitcoin bear trap could propel the price of the cryptocurrency to new highs, potentially reaching $72,000.  Bitcoin Set To Hit $72,000 In a recent X (formerly Twitter) post, a crypto analyst identified as ‘Sensei’ has predicted […]

TL;DR The average gas price on Ethereum has dropped to 1.9 gwei, the lowest level in five years. Low-priority transactions now cost around 1 gwei, a 98% drop from the yearly high. Activity on Layer 2 networks outpaces that on the main chain, increasing the supply of ETH. The recent drop in Ethereum gas fees […]

TL;DR Kamala Harris leads Polymarket odds with 52% to win the presidency. Donald Trump is in second place with a 45% chance. Michelle Obama has just a 1% chance, according to the latest betting odds. The US presidential race has taken an unexpected turn in recent weeks, with Kamala Harris emerging as the front-runner in […]

Bitcoin mining firm Marathon Digital Holdings has announced plans for a $250 million offering of convertible senior notes due in 2031. The latest private offering is targeted at “qualified institutional buyers.” The firm aims to use the proceeds for the acquisition of Bitcoin as well as corporate growth. The company also has the option to […]

Venezuela’s government has cracked down on several websites, including Binance, the world’s largest cryptocurrency exchange, Coindesk reported. This move comes in the wake of a highly contentious presidential election, marked by accusations of fraud and widespread unrest. Government Tightens Internet Control Venezuela’s authorities have begun restricting access to various websites, including social media platforms like […]

In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.

Failed crypto lending platform, Celsius, has sued stablecoin issuer Tether for US$3.5 billion, alleging the misappropriation of tens of thousands of Bitcoin. The lawsuit stems from a deal struck between the two parties in 2022 as Celsius entered bankruptcy proceedings—the lending platform borrowed USDT from Tether in exchange for BTC, which was plummeting in value […]

Binance Labs, Binance’s investment arm, has invested an undisclosed amount in Solayer, a new restaking protocol on Solana. The protocol allows users to restake SOL and liquid stake tokens across Solana-based dApps, strengthening their security and allowing users to maximise yields. The news coincides with a critical vulnerability found in the Solana network, successfully patched […]

Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that […]