Montenegro’s Supreme Court Halts Do Kwon’s Homecoming To South Korea Again – Details
The Supreme Court of Montenegro has postponed the extradition of Terraform Labs founder Do Kwon to his home country of South Korea, pending a review of the legality of the previous court decisions. This comes after the Supreme State Prosecutor’s Office (VDT) submitted a request to protect legality on August 2nd, proposing to delay the […]
Crypto Exchange WazirX To Restore User Balances Following $230 Million Hack
On Thursday, Indian crypto exchange WazirX announced its plan to compensate customers after the multi-million exploit it suffered last month. The exchange revealed it decided to restore the balances of all customers and undo all trades carried out before July 18 and July 21. WazirX To Restore All Account Balances On July 18, WazirX fell […]
Hong Kong Authorities Bust $1.5 Billion Crypto-Backed Money Laundering Ring—Here’s How
In a bust that once again reveals the dark side of cryptocurrency usage, the Hong Kong Customs cracked down on a sophisticated money laundering operation, seizing assets and making several arrests. According to the press release by the Hong Kong Government, the operation to bust this money laundering scheme is dubbed “Fencing,” and it particularly […]
Bitcoin Crash? HODLers Still Unfazed As They Add $10 Billion To Holdings
Data shows the recent crash hasn’t shaken the long-term holders of Bitcoin, as they have only increased their supply further. Bitcoin Long-Term Holder Net Position Change Has Been Positive Recently As explained by analyst Ali Martinez in a new post on X, the supply held by the BTC long-term holders has increased during the latest […]
SEC Update: Robinhood CEO Discloses Firm’s Reaction To Wells Notice
Crypto trading platform Robinhood remains in talks with the US Securities and Exchange Commission (SEC), following a warning letter issued by the financial regulator in May. In an interview with Bloomberg Television, Chief Executive Officer Vlad Tenev revealed that the company has filed a response to the SEC’s Wells Notice regarding its cryptocurrency operations, hinting […]
Solana Processes Only 3 Out Of 10 Transactions Posted: Is This High Failure Rate A Concern?
Solana, a public blockchain known for its high transaction speeds, is again under scrutiny. After challenges around reliability in the past years, analysts are now highlighting another concern. Solana Facing New Transaction Processing Challenges Taking to X, one user said the network has alarmingly high transaction failure rates. This performance problem, the analyst added, tends […]
Crypto-ETFs In Japan Require ‘Cautious Consideration,’ Warns Regulator
According to a recent Bloomberg report, Japan’s top financial regulator is pumping the brakes on approving crypto-based exchange-traded funds (ETFs), taking a more conservative stance than regulators in some other countries. Crypto ETF Expansion Faces Headwinds In Japan Hideki Ito, commissioner of Japan’s Financial Services Agency (FSA), emphasized the need for “cautious consideration” when greenlighting […]
Smart Whale Buys Hundreds Of Billions Of SHIB Following Crash
Shiba Inu has experienced interesting price action in the past few days alongside market tensions across various industries. As highlighted recently by NewsBTC, a significant bearish trend in the stock market has extended its influence into the cryptocurrency space, and SHIB wasn’t left behind. As such, the meme token fell to $0.00001088, which is its […]
Bitcoin Bull Michael Saylor Reveals Shocking Facts About The BTC Price Volatility
Earlier this week, Bitcoin, the largest cryptocurrency asset witnessed a steep decline as a result of Japan’s stock market crash, demonstrating the volatile nature of the asset during macroeconomic turmoil. Following the recent market turbulence, Michael Saylor, the co-founder and Executive Chairman of popular business intelligence firm, MicroStrategy has taken the initiative to address the […]
Dogecoin Core 1.14.8 Is Here: What’s New And Why It Matters
Dogecoin Core version 1.14.8 has been officially released and is now available for download on GitHub. This minor version release brings several crucial improvements aimed at enhancing the stability, efficiency, and security of the Dogecoin network and is recommended for all users. The update includes several important changes, notably several fixes that have been backported […]
