Watchdogs state lawmakers must close the crypto conflict of interest loopholes or scrap the CLARITY Act to prevent self-dealing.
Bitcoin & Altcoins
Bitcoin exposure has widened through regulated ETFs, tokenized Treasury assets and public-company balance sheet holdings.
Bitcoin stayed near $60,000 after falling from $62,500, as crypto prices weakened and U.S. spot bitcoin ETF outflows continued this week.
Bitcoin slipped under $60,000 for the first time since October 2024 as crypto stocks, ETFs and major tokens fell in a broad market retreat.
Bitcoin fell 4 percent to $64,721.39, extending a broad digital asset selloff marked by fund withdrawals and leveraged liquidations.
Crypto stocks advanced as Circle surged and bitcoin topped $80,000 intraday, while Senate progress on the CLARITY Act improved investor mood.
Ethereum & NFTs
Blockchain & DeFi
Bybit confirms a $1.4 billion security breach affecting its Ethereum cold wallet, as hackers exploit a multi-signature flaw to drain assets, prompting urgent forensic investigations.
Google Cloud’s Web3 portal launch triggers debate, drawing mixed reactions and scrutiny from experts in the cryptocurrency industry.
Jury convicts Avi Eisenberg in $110m crypto fraud case, significant ruling with far-reaching implications.
The recent exit of Binance from Nigeria has sent ripples through the country’s cryptocurrency community, evoking both concerns and prospects for the future. Local stakeholders within the crypto sphere…
THORChain faced a major cross-chain security incident after a compromised vault led to a halt in trading and protocol-owned crypto losses.
AI
FinTech
Binance is set to launch four new trading pairs on September 4, 2024, including AAVE/USDC, as part of its strategy to expand offerings amid market fluctuations.
Ripple unlocked 1 billion XRP tokens from escrow, raising concerns over supply management as XRP’s price drops 2.4% to $0.557. Ripple faces growing market scrutiny.
Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently…
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy,…
Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free…
