CoinStats Hacker Transfers $1M to Mixing Service Tornado Cash
Reading time: < 1 minuteWallets connected to the CoinStats hacker have sent approximately $1 million in Ether to Tornado Cash, a cryptocurrency mixing protocol.
Goldman Sachs Will Launch 3 New Tokenization Funds
Reading time: < 1 minuteGoldman Sachs plans to launch three new tokenization products in the United States and Europe later this year.
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.
