Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Ex-Coinbase employees launched NPC Labs, raising $21M for gaming on the Base blockchain, led by Pantera Capital. This venture aims to integrate blockchain for true ownership of in-game assets.
Riot Platform has acquired Block Mining for $93 million, boosting its self-mining hashrate by one exahash per second, enhancing competitiveness and solidifying its position in the cryptocurrency mining sector.
Arkham Intelligence integrates with @CoinbaseWallet, allowing users to track crypto holdings and transactions seamlessly. Known for de-anonymizing blockchain data, Arkham enhances insights with detailed analytics. This partnership boosts blockchain transparency and user engagement. #Update #CryptoNews
Bitstamp has initiated repayments to Mt. Gox creditors, distributing around 200,000 BTC. This significant step enhances market confidence and sets a precedent for future crypto recoveries.
The UK’s FCA has fined CB Payments Limited, a division of @coinbase, £3.5M for servicing 13,416 high-risk clients without proper licensing. The company facilitated $226M in transactions, highlighting the need for strict compliance in the crypto market. #CryptoRegulation #Update
.@Coinbase fined $4.5M by UK’s FCA for serving 13,400 high-risk customers. The breach allowed $226M in transactions despite restrictions. Highlights the need for stringent compliance in the crypto sector. #CryptoRegulation
Coinbase liquidated a Chinese investor’s Bitcoin due to inactivity, transferring funds to Wyoming’s Unclaimed Property Division. This highlights the risks and importance of managing digital assets. “Not your keys, not your coin,” noted one commenter. Potential asset recovery is possible by proving identity. #Update
HSBC Australia will block customer payments to cryptocurrency exchanges from July 24 due to rising scam concerns. Australians lost $171M in crypto scams in 2023. Customers can still receive funds from exchanges. #CryptoSafety
.@Bitstamp confirms receipt of assets from Mt. Gox for compensatory payouts. A one-week security check will be done before redistributing to affected clients. This marks significant progress in the Mt. Gox compensation process. #Crypto #Update
Riot Platforms (@RiotPlatforms) acquires Block Mining for $92.5M, increasing its Bitcoin mining capacity by 60 MW, with plans to reach 110 MW by 2024. This boosts total capacity to 2 GW, aiming for a 16 EH/s hash rate by 2025. #Update #BitcoinMining
Kraken users have transferred over 5000 BTC (~$330M) in Mt. Gox refunds to cold wallets within 24 hours, signaling a shift towards holding and enhanced security. This trend reflects confidence in Bitcoin’s future value and aligns with broader market behavior. #Update #Bitcoin
Riot Platforms, Inc. acquires Block Mining, Inc. for $92.5M to boost hash rate. The deal includes 60 MW capacity, aiming to hit 100 EH/s by 2025. Analysts raise 2024 revenue estimates to $344.2M. #CryptoNews #Update
Crypto exchange @Bitstamp starts reimbursing Mt. Gox creditors from July 25, marking a major step in compensating those affected by the 2014 hack. Over $9B in assets to be distributed. #CryptoNews #Bitcoin
Bitstamp begins distributing $BTC, $BCH, and $ETH to Mt. Gox creditors, ending a decade-long wait for 20,000 investors. This follows Bitcoin’s rise from $600 in 2014 to about $51,000 today. Over $9 billion in cryptocurrencies are being returned. #CryptoNews
