Galaxy Digital Purchases Almost All Assets of Blockchain Node Operator CryptoManufaktur
Galaxy Digital has acquired the majority of assets from the blockchain node operator, CryptoManufaktur LLC.
SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks
Hong Kong, Hong Kong, 22nd July 2024, Chainwire
Cash App Shuts Down Operations in UK
Cash App has announced that it will be leaving the British market and will shut down its operations on September 15.
South Korea’s New Crypto Regulation Comes Into Effect
South Korea’s much-anticipated Virtual Asset User Protection Act (VAUPA) has officially taken effect, a significant step in regulating the country’s booming cryptocurrency market.
OKX Chooses Malta to Set Up its MiCA Hub
Crypto exchange OKX has selected Malta as its Markets in Crypto-Assets (MiCA) hub in order to ensure compliance with EU regulatory requirements.
Taiwan Imposes Registration Requirement for Crypto Companies
The Taiwanese parliament voted on July 16 in favor of revisions to its anti-money laundering laws.
Cipher Mining Considering Sale
There are rumors that Cipher Mining may be considering a deal, as it has reportedly received interest from potential buyers.
Hong Kong to Introduce a New Stablecoin Legislative Framework
A licensing regime for stablecoin issuers has been announced by Hong Kong’s financial authorities as part of the region’s legislative proposal to regulate the industry.
Venom Announces Deepcoin Spot & Futures Listings
Singapore, Singapore, 17th July 2024, Chainwire
Phishing App Angel Drainer is Shut Down
Infamous crypto phishing app Angel Drainer has been shut down by its creators after they were potentially exposed.
Trump to Release a New NFT Collection
In a recent interview with Bloomberg Businessweek, former President Donald Trump revealed that he plans on launching a fourth NFT collection.
Kraken Receives Funds From Mt. Gox Trustee for Creditors Repayments
The Mt. Gox Rehabilitation Trustee has transferred a pair of Bitcoin and Bitcoin Cash to the crypto exchange Kraken.
Bitcoin Sentiment Moves to Greed and FOMO
The sentiment surrounding Bitcoin has gone through a wild swing, transitioning from “extreme fear” to “greed” and even “FOMO” in a matter of days.
Spot Ether ETFs Could Begin Trading on July 23
According to sources in the industry, the Securities and Exchange Commission has tentatively approved a minimum of three exchange-traded funds based on Ethereum.
Inflows Into Crypto Funds Reach $17.8B YTD
Investments in digital assets have reached a historic high of over $17.8 billion so far this year, indicating a potential rebound in the crypto market.
