BitMEX Pleads Guilty to US Bank Secrecy Act Violation
US Department of Justice officials have announced that cryptocurrency exchange BitMEX has pled guilty to violating the Bank Secrecy Act.
Agoric Unveils Orchestration for Next-Gen Web3 Applications
San Francisco, United States / California, 10th July 2024, Chainwire
Bank of Italy Will Publish Crypto Guidelines in a Few Days
The central bank of Italy will release in the coming days guidelines on how to implement the new European Union regulations regarding cryptocurrencies.
Crypto Miner TeraWulf Pays Off Outstanding Debt
Crypto mining company TeraWulf announced on July 9 that it has paid off its debt sooner than expected with a final payment of $77.5 million.
Bitcoin Mining Firm Hut 8 Expands Capacity in Texas
Canadian Bitcoin mining company Hut 8 has recently announced a power purchase agreement for a site in West Texas that provides 205 megawatts of available power.
Phoenix Memecoin ($PHNX) Launches with Innovative Tokenomics and Community Focus
Los Angeles, United States, 9th July 2024, Chainwire
Kwenta Receives Proposals to Integrate GMX and Gains Network into Perpetuals Marketplace
Grand Cayman, Cayman Islands, 9th July 2024, Chainwire
Australia’s ASX Will List Another Spot Bitcoin ETF
DigitalX, a blockchain-focused asset management firm, has received regulatory approval to launch a spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX).
Paxful Co-Founder Pledges Guilty to Operational Negligence
On Monday, Artur Schaback, co-founder of Paxful, pleaded guilty to conspiring to operate a cryptocurrency exchange platform with inadequate anti-money laundering measures.
Crypto Investment Products Brought in $441M Last Week
Digital asset investment products have received a total of $441 million in inflows as a result of the recent sell-off by Mt. Gox and the German government.
Bitcoin Exchange-traded Funds Record Highest Inflows in 30 Days
Even though the price of Bitcoin has recently dropped to $54,000, a decrease of 25% from its peak of $73,000 in March, there has been a surge in inflows for spot Bitcoin ETFs on July 5.
Central Bank of Nigeria: Binance Has Performed Unauthorized Transactions
The CBN has made a claim that the popular cryptocurrency exchange Binance has been performing banking services without proper authorization.
US House Might Overturn Biden’s SAB 121 Veto
The House of Representatives may vote this week to overturn United States President Joe Biden’s veto of Staff Accounting Bulletin 121.
