The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users. Source: https://cointelegraph.com/news/new-york-charges-crypto-asset-recovery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP Accounts Align With Bank’s Vision Commercial Bank of […] Source: https://news.bitcoin.com/uae-bank-launches-vasp-focused-accounts-for-managing-user-funds/
Solana DEX Raydium’s Meme Token Launch ‘Didn’t Exactly Go as Expected’
Decentralized exchange (DEX) Raydium launched a meme coin called CTO using a new crypto launchpad, but things didn’t go according to plan. One of the largest DEXs on Solana, Raydium’s meme coin launch on a new token launchpad backfired after the launch “didn’t exactly go as expected,” with two identical tokens created and the first dropping 92% in just 10…
5 ways crypto bots are ruining crypto — including auto memecoin rug pulls
Crypto bots are automatically rug-pulling memecoins, extracting billions in MEV and ruining airdrops for users and projects alike. Source: https://cointelegraph.com/magazine/5-ways-crypto-bots-are-ruining-crypto-including-auto-memecoin-rug-pulls/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Best Wallet Launches Airdrop Campaign Offering Free $BEST Tokens
Best Wallet has just launched an airdrop campaign for its native BEST token. But this isn’t just another free token giveaway. Instead, it’s a ticket to a complete Web3 toolkit that could give users a head start in the DeFi space. Best Wallet – Your Ultimate Web3 Companion Best Wallet is aiming to be the […] Source: https://news.bitcoin.com/best-wallet-launches-airdrop-campaign-offering-free-best-tokens/
Bitcoin ignores 100% Fed rate cut odds as BTC price taps 2-week lows
BTC price weakness fails to resolve the day after FOMC with Bitcoin liquidity grabs still the main talking point for traders. Source: https://cointelegraph.com/news/bitcoin-ignores-100-fed-rate-cut-odds-btc-price-2-week-lows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced inflows. Blackrock’s […] Source: https://news.bitcoin.com/spot-bitcoin-etfs-see-light-inflows-as-grayscale-adds-mini-bitcoin-trust/
Crypto.com surpasses Coinbase in trading volume as institutional demand grows
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs. Source: https://cointelegraph.com/news/crypto-com-surpasses-coinbase-trading-volume-institutional-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Bitcoin Sneakers Sell Out, Already on EBay for $2,500
Donald Trump’s Bitcoin-themed sneakers sold out shortly after listing and secondary sales are taking off. The listing for the “Trump Crypto President High Tops – Bitcoin Orange” sneakers saw the shoes sold out right after they became available, as shown by the official website. The website mentions a price of $499, but current Ebay listings for the limited orange edition…
Justin Sun Offers to Host Musk vs. Maduro Fight in Grenada
In a surprising turn of events, Tron founder Justin Sun has announced that the highly anticipated fight between Elon Musk and Venezuela’s President, Nicolás Maduro, could take place at the Grenada National Stadium. Sun, who was appointed as Grenada’s Ambassador and Permanent Representative to the World Trade Organization in 2021, has offered to cover all […] Source: https://news.bitcoin.com/justin-sun-offers-to-host-musk-vs-maduro-fight-in-grenada/