Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Senator @CynthiaMLummis opposes a 30% energy tax on Bitcoin miners, arguing it risks pushing the industry overseas and stifles innovation. Up to 52.6% of Bitcoin mining is emissions-free, and the tax targets even off-grid sources. #CryptoNews
?? The Russian parliament passes a bill to use crypto for international trade and legalize crypto mining, effective Sept 1, 2024. This move aims to counteract Western sanctions and boost trade with China, India, and Turkey. #CryptoNews #Update
Kraken faces scrutiny as some Mt Gox creditors claim they haven’t received their $BTC repayments. Users report poor communication from Kraken and the Mt Gox trustee. Significant transfers suggest repayments might be imminent, with Arkham Intelligence noting a $2.8B BTC transfer. #CryptoNews
.@Coinbase requests court order for SEC to disclose docs, including SEC Chair Gary Gensler’s emails since 2021. This follows SEC’s earlier denial; Coinbase stresses the need for a robust defense. Outcome may influence future crypto regulations. #CryptoNews #Update
Coinbase urges a NY court to compel the SEC to release documents on Gary Gensler’s crypto regulation talks. This could impact future transparency in crypto regulation. #CryptoNews @coinbase @SECGov #Update
Mt. Gox moves $2.47B in Bitcoin to @Bitstamp as part of creditor repayments. 32,371 BTC worth $2.13B sent to a new address, 5,106 BTC valued at $336.61M to Mt. Gox Cold Wallet. $BTC stable at $66,360. #Update
Kraken begins distributing Bitcoin from the Mt. Gox Trustee, providing relief to creditors nearly 10 years post-hack. Reports indicate crypto balances visible on Kraken. Concerns rise over brute force attacks on accounts. #Bitcoin $BTC #Update
Binance Labs has invested in Pluto Studio, the developer of Telegram-based Web3 game Catizen, to boost its game engine and onboard more developers. Catizen, launched in March, has 25M players on Telegram and 1.5M on-chain gamers. #Web3
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
Grayscale Investments moved 292,263 ETH ($1.01B) to Coinbase Prime ahead of the Ethereum-ETF launch on July 23, 2024. The ETF is expected to draw $1B monthly. Grayscale also introduced the Ethereum Mini Trust with 0% management fees for 6 months. #CryptoNews
Decentralized exchanges (DEXs) are growing in popularity, but their complex user experience is a barrier to mass adoption. Simplifying DeFi tools can help both new and experienced users. Notable advancements highlight the need for better UX. #Update #Crypto $LTC
Ethereum takes a major step towards mainstream adoption with @binance introducing the Ethereum-ETF in Central and Eastern Europe and Central Asia. This launch boosts Ethereum’s appeal by enhancing liquidity and attracting institutional investments. #CryptoNews #Update $ETH
Base by @Coinbase has launched Support Crypto, enabling crypto donations to U.S. politicians ahead of the Presidential elections. Supporting 240+ assets like $BTC and $ETH, this platform aims to lower fees and streamline contributions. 13 politicians, including Cynthia Lummis, have registered. #Crypto #Update
Bybit, the world’s 2nd largest crypto exchange, saw its user base hit 37M in H1 2024. Key milestones: Bybit Card in Argentina, Google Pay & Apple Pay integration, and advanced security measures. Market share jumped from 8% to 16%. #Crypto #Update
