Lithuania Fines Crypto Firm Payeer $10.1M for Russian Trades

Lithuania Fines Crypto Firm Payeer $10.1M for Russian Trades   cryptonewsz.com 10 July 2024 15:03, UTC Lithuania—the seaside country—has fined Payeer, a crypto company, €9.3 million ($10.1 million) for financial sanctions and money laundering violations involving its Russian clientele. According to Bloomberg, the Financial Crimes Investigation Service (FNTT) under the Ministry of Internal Affairs of…

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Ondo Finance and Pyth Network Partner to Unlock Assets Across 65+ Blockchain Ecosystems

Ondo Finance and Pyth Network Partner to Unlock Assets Across 65+ Blockchain Ecosystems   blockster.com  + 1 more 10 July 2024 19:53, UTC In a groundbreaking collaboration aimed at revolutionizing decentralized finance (DeFi), Ondo Finance and Pyth Network have teamed up to launch the USDY/USD price feed across more than 65 blockchain ecosystems. — This…

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Chinese Bitcoin company centralizes mining operations, study suggests

Chinese Bitcoin company centralizes mining operations, study suggests   finbold.com 10 July 2024 19:57, UTC Bitcoin (BTC) is the leading cryptocurrency whose core value lies in being secure and uncensorable money powered by a decentralized network of miners, reaching consensus over its users’ transactions. However, experts have challenged Bitcoin’s long-term security model and decentralization status…

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Bitget Sees Explosive Growth in Q2 2024, with $700M Capital Inflow and 50% Rise in Traffic

Bitget Sees Explosive Growth in Q2 2024, with $700M Capital Inflow and 50% Rise in Traffic   coinedition.com 11 July 2024 11:44, UTC Bitget, a prominent cryptocurrency exchange, has published its Q2 2024 transparency report, revealing impressive growth and milestones achieved in the first half of the year. Notably, the report highlights a significant 50%…

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Bitcoin Recovery Towards All-Time High Could Take Months, Says Analyst Kevin Svenson – Here’s His Outlook

Bitcoin Recovery Towards All-Time High Could Take Months, Says Analyst Kevin Svenson – Here’s His Outlook   dailyhodl.com 11 July 2024 11:55, UTC Cryptocurrency analyst Kevin Svenson is saying that further downside risk for Bitcoin (BTC) is now minimal. Svenson tells his 78,700 YouTube subscribers that Bitcoin has likely bottomed out after hitting a five-month…

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