Transak becomes first US crypto on-ramp to enable wire transfers
Transak becomes first US crypto on-ramp to enable wire transfers cointelegraph.com 06 August 2024 12:59, UTC cointelegraph.com
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Financial Analyst States Bitcoin Is 'Not a Hedge Against Anything'
Financial Analyst States Bitcoin Is 'Not a Hedge Against Anything' news.bitcoin.com 06 August 2024 12:20, UTC Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin fraud. I warned it would crumble like paper…
Ex-Wemade CEO indicted for fabricating Wemix token data
Ex-Wemade CEO indicted for fabricating Wemix token data crypto.news 06 August 2024 12:22, UTC South Korean prosecutors have indicted former Wemade CEO Chang Hyun-guk for allegedly falsifying and concealing details about the circulation of Wemix tokens. Korean prosecutors have indicted Chang Hyun-guk, the former CEO of gaming company Wemade, on charges of fabricating and…
Ethereum's Pepe Leads Jump 24%, Leading Meme Coins in Double-Digit Recovery
Ethereum's Pepe Leads Jump 24%, Leading Meme Coins in Double-Digit Recovery decrypt.co 06 August 2024 12:23, UTC Meme coins appeared to stave off a brewing global financial contraction on Tuesday, with Ethereum token Pepecoin leading the pack. PEPE climbed over 22% to $0.0000007673 on Tuesday morning, perfectly recovering the losses it incurred on Monday….
No immediate plans for crypto regulations in India, says Minister of State
No immediate plans for crypto regulations in India, says Minister of State crypto.news 06 August 2024 12:24, UTC India is not looking to regulate the cryptocurrency sector anytime soon according to Minister of State for Finance Pankaj Chaudhary. Chaudhary’s comments came in response to questions directed to him by GM Harish Balayogi, a member…
Crypto Lawyer Highlights SEC’s Limitations Amid Regulatory Battles
Crypto Lawyer Highlights SEC’s Limitations Amid Regulatory Battles coinedition.com 06 August 2024 12:25, UTC Renowned crypto lawyer Bill Morgan has highlighted the SEC’s limitations in pursuing regulatory enforcement. In a recent post on X, Morgan noted that the agency’s budget is less than its chairperson’s request. Yet, it has to spend such resources on…
Bitcoin back at $55,000 after 8.5% recovery, ETF investors show “diamond hands”
Bitcoin back at $55,000 after 8.5% recovery, ETF investors show “diamond hands” cryptobriefing.com 06 August 2024 12:44, UTC Bitcoin (BTC) is back at the $55,000 price level after a sharp 8.5% recovery over the past 24 hours. Spot BTC exchange-traded funds (ETF) investors’ activity has shown resilience so far, with ETFs such as BlackRock’s…