Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Crypto Exchange BitMEX Pleads Guilty to Violating Bank Secrecy Act
Reading time: < 1 minuteBitMEX yesterday admitted to breaking the Bank Secrecy Act by neglecting to establish adequate anti-money laundering (AML) and Know Your Customer (KYC) protocols on its platform.
Increasing Inflation Boosts Crypto Adoption in Argentina
Reading time: < 1 minuteDespite the country’s economic struggles, Argentina has seen a surge in cryptocurrency adoption.
Coinbase Says Removing Barriers Will Help Crypto Reach Billion Users
Reading time: < 1 minuteIn order to reach the first billion mainstream cryptocurrency adopters, it will be necessary to develop more user-friendly applications.
Invesco Sets Fees of 0.25% for its Proposed Ethereum ETF
Reading time: < 1 minuteUpdated filing by Invesco and Galaxy with US regulators on July 9 established a management fee of 0.25% for the Invesco Galaxy Ethereum ETF (QETH).
Inflows into Spot BTC ETFs Reach Almost $300M
Reading time: < 1 minuteFarside Investors’ data reveals that spot BTC ETFs experienced a substantial increase in net inflows on Monday, reaching a level not seen since June 5 at $294.8 million.
Bitcoin Mining Profitability Jumped Last Month: Report
Reading time: < 1 minuteAccording to a research report by Jefferies, Bitcoin mining was more profitable in June compared to May due to a 2% increase in the cryptocurrency’s price and a 5% drop in the network’s hashrate.
Crypto Funds Received $441M Last Week
Reading time: < 1 minuteAccording to a new report by CoinShares, the digital asset investment market saw a buying opportunity worth $441 million in the last week.
Bitfinex: Bitcoin is Experiencing Low Liquidity
Reading time: < 1 minuteBitfinex analysts have reported that there is currently lower liquidity in the market due to the summer vacations of institutional participants who are actively trading.
Hackers Steal $1.7M From Crypto Users in Coinbase-linked Scam
Reading time: < 1 minuteMultiple users on the popular crypto exchange Coinbase, as well as one user of a different cryptocurrency, last week reported falling victim to scammers impersonating Coinbase.
Bitcoin Mining Firm TeraWulf Says It Could Consider a Merger
Reading time: < 1 minuteAccording to its chief strategist, Bitcoin mining company TeraWulf would consider merging with other companies if it can increase its profit margins, but not if it is solely for the purpose of expanding its empire.
