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Venezuela Witnesses Soaring Crypto Remittances
As Venezuela faces knee-deep hyperinflation and the Venezuelan bolívar drops in value steeply, those outside the country have turned to crypto to send funds to…
US Legislators to Vote on Biden’s Veto Regarding SAB 121 Repealing
US House and Senate will be tasked with voting on Biden vetoing legislators choosing to repeal the SEC’s Staff Accounting Bulletin (SAB 121) in May.…
BTC ETFs Record Highest Inflows in a Month
BTC ETFs witnessed the largest inflows in the past month, recording $143.1 million on July 5 despite concerning BTC price movement. The inflows display investors’…
Central Bank of Nigeria Claims Binance Facilitated Illegal Transactions
As the Nigerian SEC’s money laundering case against Binance continues, the Central Bank of Nigeria (CBN) on July 5 claimed that the exchange facilitated illegal…
PancakeSwap Launches ZK Token Airdrop to Its Users
PancakeSwap has launched an airdrop campaign that started at 10:30 AM UTC on July 5 and will end at 10:30 AM UTC on August 5.…
FTX-Related Legal Troubles Ensue as SBF’s Family Conducted Illegal Political Donations
The FTX saga continues, and this time, Sam Bankman-Fried’s family is involved in committing crimes related to illegal political financing in the US. A WSJ…
Bitcoin Miners Are Operating at Losses After the Asset Dipped Below $54,000
Only five miners remain profitable after bitcoin dropped to prices below $54,000, said f2pool, a crypto mining firm. “With #Bitcoin trading below $58k, what is…
Mt. Gox Kicks Off Repayment Process
The much-awaited Mt. Gox repayment process has begun, with the defunct exchange’s bankruptcy estate moving 47,282 bitcoins, with 140,000 pledged to satisfy creditors. That transaction…
BTC Liquidations Cross $193 Million as the Asset’s Price Plunges
BTC’s price plunged to prices unrecorded since May, falling below $57,000 on July 4 to go as low as $55,300. That movement caused over $193…
