August 2024 – Page 7

Binance Agrees to $1.76M Settlement with Brazilian Authorities

Leave a Comment / Agrees, Binance / Avery Clarkson

Binance, the largest crypto exchange, has finally reached a settlement with Brazilian regulators for $1.76 million over unlicenced derivatives trading allegations. This comes after an investigation into the exchange, which lasted a year regarding its activities in Brazil. Binance’s Derivatives Trading Allegations The Brazilian Securities and Exchange Commission (CVM) asked Binance to halt its derivatives […]

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Majority of Institutional Investors Held or Increased Bitcoin ETF Positions in Q2

Leave a Comment / Institutional, Majority / Avery Clarkson

Bitwise reports that U.S.-based institutional investors continue to demonstrate strong support for Bitcoin through spot ETFs, with around 66% either maintaining or increasing their holdings. This trend comes amidst market volatility and declining prices during Q2. Surge in Institutional Filings Bitwise’s chief investment officer, Matt Hougan, highlighted this trend in an August 15 post on

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Bitcoin Price Crashes Below $57K as Total Liquidations Exceed $200 Million

Leave a Comment / Bitcoin, Price / Avery Clarkson

Bitcoin’s price has been crashing in the past 24 hours, charting a decline of around 3.6% on the day. This brings BTC’s weekly losses to above 4%, as the cryptocurrency is currently dipping below $57,000. Source: TradingView Interestingly enough, the stock market is experiencing a considerable uptick during the same period. The S&P 500 is

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State of Wisconsin Investment Board Increases IBIT Holdings to Nearly 2.9M Shares

Leave a Comment / State, Wisconsin / Avery Clarkson

The State of Wisconsin Investment Board (SWIB) has announced increasing its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by 447,651 shares. The latest addition brings its total to over 2.89 million as of June 30, according to a recent SEC filing. SWIB Expands Bitcoin Exposure SWIB, an independent agency handling assets for Wisconsin’s retirement and

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Crypto.com Secures Historic Partnership With UEFA Champions League

Leave a Comment / Crypto, Secures / azlan90

The Singapore-based cryptocurrency exchange Crypto.com has secured a first-of-its-kind partnership with the Union of European Football Associations (UEFA) Champions League. According to an official announcement, Crypto.com will serve as the official global sponsor of the UEFA Champions League during the multi-year partnership, earning it a spot as the football competition’s first and exclusive crypto platform

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Bitcoin Miner Core Scientific Upsizes Senior Notes Offering to $400M

Leave a Comment / Bitcoin, Miner / azlan90

Texas-based Bitcoin mining company Core Scientific has announced the pricing of its increased offering of $400 million in 3.00% convertible senior notes due in 2029. The initial size of the offering was $350 million, which has been upsized due to favorable market conditions. Scheduled to settle on August 19, 2024, the notes will be issued

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Pepe Unchained Surges to $8.7M in Presale as Layer-2 Meme Coin Gains Momentum

Leave a Comment / Surges, Unchained / azlan90

Just when it looked like the meme coin craze was cooling off, along comes Pepe Unchained. This new Layer-2 project has raised over $8.7 million during its presale – leaving investors scrambling to get a piece of the Pepe Unchained (PEPU) action. Pepe Unchained – The Lightning-Fast Layer-2 Network for Meme Coins So, what’s all

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Crypto Expert Gives Bullish Shiba Inu Outlook, Expects Big Gains for PlayDoge

Leave a Comment / Crypto, Expert / azlan90

It’s been an up-and-down year for Shiba Inu (SHIB) so far. Yet one crypto expert has issued a bullish forecast for the coin, prompting renewed interest from investors. The same expert also highlighted the new PlayDoge (PLAY) project as another potential winner in the months ahead. Shiba Inu Holds Steady as Crypto Expert Predicts Potential

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BestChange Unveils AML Analyzer: Enhances Crypto Security and Compliance

Leave a Comment / BestChange, Unveils / azlan90

[PRESS RELEASE – Gurgaon, India, August 14th, 2024] BestChange, the leading exchange monitor, proudly introduces its state-of-the-art AML Analyzer tool. Designed to increase the security and compliance of cryptocurrency transactions, this new tool empowers users to ensure that cryptocurrency addresses comply with international anti-money laundering standards (AML) before sending or receiving payments. In today’s environment

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Coinbase Blasts SEC’s Arbitrary Approach to DEX Compliance

Leave a Comment / Blasts, Coinbase / Admin

Coinbase submitted its third comment letter highlighting significant flaws in the US Securities and Exchange Commission’s (SEC) cost-benefit analysis of the proposed rule. The letter argued that the agency has failed to assess the rule’s economic impact on efficiency, competition, and capital formation. Despite acknowledging a lack of critical information on decentralized exchange (DEX) operations

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