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.
Crypto-related Crimes Are Rising in Australia
AUSTRAC, a government agency responsible for financial intelligence, has reported a rise in the illegal use of cryptocurrencies and related services in its recent report on money laundering.
US House Fails to Override Biden’s Veto of SEC Cryptocurrency Rule
Despite a majority of representatives voting against the veto of SAB 121, the required number of votes to overturn it was not reached.
Coinbase Announces New Version of its Wallet App
Coinbase has introduced an app that enables users to manage all their on-chain wallets and activities in one place.
MicroStrategy Announces It Will Split Company Stocks
MicroStrategy, the largest corporate holder of Bitcoin, on Thursday announced that they will be implementing a 10-for-1 stock split, which will take effect on Aug. 1.
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.
