General category for all types of news related to the cryptocurrency world.
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.
Cardano’s Chang hard fork, starting Sept. 1, marks the final phase of the Voltaire era, enhancing decentralization. The upgrade enables full community control by $ADA holders and introduces advanced governance features, empowering decentralized representatives (DReps) in three months.
TeraWulf ($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.
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.
French authorities issued arrest warrants for Telegram co-founders Pavel and Nikolai Durov over non-cooperation in a child abuse probe. Pavel was detained on Aug 24, 2024, facing up to 20 years if convicted. Public support has surged.
Arthur Hayes warns rapid yen appreciation could spark global market downturn. Fed’s rate cuts may boost liquidity but disrupt carry trades, affecting financial and cryptocurrency markets. Central banks face pressure amid labor market revisions.
Lemniscap secures $70M to fund early-stage Web3 projects, focusing on zero-knowledge proof tech and DePIN. Averaging $1M-$2M per investment, the fund, backed by @AccoladePartners, aims to drive innovation in the blockchain ecosystem.
TOKEN2049 in Singapore on Sep 18-19 will gather 20,000 attendees from 150+ countries. Hear from 200+ speakers like Arthur Hayes and Richard Teng, explore 500+ VR and AI activities, and witness a Web3 startup competition.
AI tokens slump 5% as $NVDA stock surges to $128.3 ahead of earnings report. Broader crypto market dips, with Bitcoin and Ethereum down 6% and 10%, respectively. Market cap for AI tokens now at $23.9 billion, a 6% decrease.
Massive support for Telegram’s Pavel Durov after controversial arrest: Over 2M signatures demand his release, citing freedom of expression. High-profile figures like @elonmusk and @VitalikButerin back Durov. Calls for intervention from EU, UN intensify.
Solayer raises $12M led by Polychain Capital, reaching an $80M valuation. Plans include expanding the team, integrating new protocols, and launching a native token to enhance Solana’s security and efficiency. @Solana #blockchain #crypto
