Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Elon Musk and $TSLA win dismissal of $258B Dogecoin lawsuit. Court rules no reasonable investor would rely on social media for securities fraud claims. Musk’s tweets deemed harmless, lacking intent or capability to manipulate the market.
Crypto millionaires surge by 111% in 2024: Bitcoin millionaires hit 85,400, total crypto millionaires rise to 172,300. Ultra-wealthy holders grow by 79%, billionaires by 27%. Crypto user base expands 32% to 560M. $BTC $SOL
$IREN reports a record $184.1M revenue in 2024, a 144% increase. Plans to double computing power and expand AI cloud services. Commits to renewable energy for Bitcoin mining.
UK charges Habibur Rahman, an electronics store owner, in the first criminal case for illegal crypto ATM operation. Rahman allegedly laundered £300,000 ($395,000). This marks a significant regulatory shift as UK authorities intensify their crackdown on illegal crypto activities.
South Korean police arrest a crypto scammer who defrauded 158 victims of $16M. The fraudster used plastic surgery and wigs to evade capture for nearly a year. Authorities tracked him using internet searches, phone call monitoring, and surveillance footage.
TeraWulf ($WULF) unveils a 2 MW Bitcoin mining facility using advanced liquid cooling technology and plans to expand to a 20 MW facility by 2024. They are exploring partnerships with @Apple and @Microsoft, eyeing $14 billion in AI sector opportunities.
Crypto industry faces over $1.2B in losses from hacker attacks in 2024. August saw a 95% decrease from July, but key targets like $ETH and $BNB projects remain vulnerable. Immunefi paid $100M to ethical hackers, aiding mitigation.
Quai Network raises $5M to enhance blockchain scalability and user acquisition, totaling $15M in investment. Funds will expand the team and boost user initiatives, using its Proof-of-Entropy-Minima consensus mechanism to reach 50,000 TPS.
Pig butchering scams are on the rise in 2024, with cybercriminals shifting to shorter, targeted attacks. The average scheme duration has dropped to 42 days, and organizations like KK Park reportedly earned $101.22M this year. Stay vigilant.
Ethereum ETFs attract $5.84M inflows as $BTC ETFs see $105.19M outflows on Aug 28, 2024. Hong Kong market shows no movements in both. Shifting investor sentiment may favor Ethereum’s DeFi and smart contract potential. @Ethereum @Bitcoin
DTX Exchange launches testnet for its L1 blockchain, raising $1.8M post-launch. The VulcanX protocol aims to cut trading fees and support multi-channel trading, enhancing security and unifying traditional and decentralized assets.
BET surpasses Polymarket with $20M daily trading volume on Aug 29, 2024. BET’s volume skyrocketed from $3.2M to $23.3M in a day, reflecting increased user confidence. Launched on Aug 19, 2024, BET’s integrated farming mechanism fuels rapid growth.
Indonesia may ban $TELEGRAM due to online gambling and pornography concerns. Founder @durov faces legal issues in France. Minister @budiariesetiadi highlights repeated requests for better content moderation. A ban could significantly reduce Telegram’s user base in Indonesia.
? Binance CEO Richard Teng debunks allegations of freezing all Palestinian user funds. Only accounts linked to illicit activities were blocked. Binance follows international anti-money laundering laws to ensure compliance and remains committed to user education and regional peace. $BNB @cz_binance
