The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires, according to a report by New World Wealth and Henley & Partners. …
The effect of miner concentration is yet to be seen, the note said. Source: https://www.coindesk.com/business/2024/08/27/bitcoin-mining-sector-is-in-a-consolidation-phase-architect-partners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said. Source: https://www.coindesk.com/policy/2024/08/27/telegram-ceos-arrest-is-unlikely-to-be-the-last-galaxy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin (BTC) slid under the $63,000 mark early Tuesday as profit-taking from a weekend rally extended into a second-day, bringing down the broader crypto market. Source: https://www.coindesk.com/markets/2024/08/27/bitcoin-drops-below-63k-on-profit-taking-as-safepals-spf-gets-points-boost/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills. Source: https://www.coindesk.com/business/2024/08/27/tokenization-pioneer-centrifuge-unveils-lending-market-with-morpho-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Celsius’ bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report. Source: https://www.coindesk.com/business/2024/08/27/celsius-bankruptcy-plan-administrator-pays-out-over-25b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving …
Crypto lobbyists are up in arms over the SEC’s newly launched Consolidated Audit Trail (CAT) database. They’re saying this thing unfairly targets anyone in the blockchain space. Basically, the …
Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve …
In 2024, the Solana blockchain experienced a rapid expansion in the memecoin market, with pump.fun being at the forefront. The platform captured a massive audience seeking quick profits. Crypto.news …