General category for all types of news related to the cryptocurrency world.
Ukraine’s @napc_ua reveals three officials misreported millions in crypto assets. False claims include $BTC worth 148M hryvnias, 22.5M hryvnias in promo crypto, and unverifiable 20 BTC & $DOT tokens. Crackdown aims to boost financial transparency. #Update
The Biden administration’s Choke Point 2.0 targets crypto firms by limiting banking access, causing banks like Signature Bank to cut crypto deposits and Metropolitan Commercial Bank to close its crypto department. Experts warn this stifles innovation. #Finance #Crypto
Web3 developers are using zero-knowledge modularity to boost blockchain scalability and efficiency. ZK-rollups cut proof verification costs from $20 to $1.80, enhancing security and throughput. The market for this tech may hit $1.5B by 2028. #Update
.@BitgetGlobal enhances VIP status, boosting VIP clients and trading volumes. Achieved 38.4% market share growth in H1 2024. VIP perks: reduced fees, trading bonuses, exclusive events, and global VISA card with no annual fees. #Update #CryptoNews
Toncoin ($TON) soars to 9th-largest cryptocurrency with a $17B market cap, fueled by @Telegram’s nearing 1B monthly users and seamless crypto payments. High-profile integrations and viral apps boost adoption amid rising regulatory concerns. #Update
“GameStop short seller Andrew Left faces SEC indictment for market manipulation over deleted X posts. If convicted, he could serve decades in prison. #MarketManipulation $GME #Update”
“Kamala Harris’ campaign makes a pro-crypto shift amid controversy. A key roundtable with industry leaders and Democratic politicians will be hosted by Rep. Ro Khanna. Harris’ odds surge despite past anti-crypto stance. #CryptoNews $BTC”
“Base by Coinbase launches Support Crypto, allowing US politicians to accept 100% crypto donations, including $BTC and $ETH. This move aims to promote blockchain-friendly candidates ahead of the 2024 elections. #CryptoPolitics #Update”
“Breaking: Terraform Labs creditors must file crypto loss claims by Aug 21, 2024, to vote on Chapter 11 Plan. Submissions in English & USD only. Non-filers excluded from voting. #Update $LUNA”
“Galaxy Digital secures $113M for new crypto venture fund, targets $150M. Aims to invest in 30 early-stage startups focusing on infrastructure and tech. #Crypto #Update $BTC $ETH”
“Jito ($JTO) surpasses Lido ($LDO) as top fee generator, collecting $3.27M in 24h fees vs. Lido’s $2.94M. Jito uses MEV-supported liquid staking, hinting at a promising future. #Update #Solana”
South Korea’s FSS investigates fee hikes by top crypto exchanges including $UPBIT and $BITHUMB under the new Virtual Asset User Protection Act. Focus on fair competition and compliance. #CryptoRegulation
Source: coingape.com
“Anthony Scaramucci predicts Kamala Harris will fire SEC Chair Gary Gensler if she runs for president, signaling a potential shift towards a more crypto-friendly stance. #Cryptocurrency #Update $BTC”
“Breaking: Mt. Gox to transfer 80.5K BTC ($5.35B) amid market pressure. Bitcoin faces strong rejection at $70K, trading at $66.5K. Analysts predict rebound if BTC holds above $65.8K. #Crypto #Update $BTC”
