August 2024 - Crypto News And Market Updates

Illustration depicting a Solana ETF narrative and growing institutional interest in SOL.

Brazil Approves Second Solana-Based ETF, Highlighting US Regulatory Lag

August 21, 2024 Gonzalo

Brazil’s SEC has approved a second Solana ETF this month, strengthening its position in regulated crypto investments. The US, however, remains hesitant.

Illustration highlighting hidden security threats within crypto hiring processes and insider risks.

Web3 Identity Firm zkMe Raises $4M to Revolutionize Decentralized Identity Verification

August 20, 2024 Gonzalo

zkMe Technology Limited secures $4M to advance its Web3 identity verification layer, integrating privacy and compliance with zero-knowledge proofs.

Bitcoin post-halving illustration showing future price trajectory, representing long-term outlook after the Bitcoin halving event.

Bitcoin Flashes Indicator That Often Precedes Higher Prices: CryptoQuant

August 20, 2024 Gonzalo

Bitcoin’s Hash Ribbons indicator signals miner capitulation is over, often preceding price surges, as BTC retests $59k. CryptoQuant predicts bullish momentum.

China Recognizes Virtual Asset Transactions in Revised AML Laws

August 20, 2024 Gonzalo

China revises AML laws to include virtual assets, with fines up to $28,000 for offenders. Speculation grows over a possible lift of the crypto ban.

Bitwise Expands into Europe with Acquisition of ETC Group’s $1B ETP

August 19, 2024 Gonzalo

Bitwise acquires ETC Group, entering Europe with $1B in ETPs, boosting global presence and expanding its cryptocurrency investment offerings.

Tether USDT illustration with financial charts, representing analysis of Tether’s financial position and stablecoin market role.

Tether to Launch USDT Stablecoin on Aptos Network, Promising Lower Fees and Increased Accessibility

August 19, 2024 Gonzalo

Tether to launch USDT stablecoin on Aptos Network, aiming to reduce gas fees and boost accessibility through innovative blockchain technology.

Bitcoin Whale Allegedly Loses $238 Million in Hacked Crypto Assets

August 19, 2024 Gonzalo

A Bitcoin whale may have lost $238 million in a crypto hack, as reported by ZachXBT, raising new concerns over blockchain security and asset safety.

Illustration showing retail investor fear, uncertainty, and doubt surrounding Bitcoin market moves.

US Marshals Likely Selling Seized Silk Road Bitcoin Worth Millions

August 18, 2024 Gonzalo

The US government may soon sell Bitcoin seized from Silk Road, with recent transfers to Coinbase signaling a potential $594 million liquidation.

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

Styx Stealer Malware Poses New Threat to Crypto Transactions

August 18, 2024 Gonzalo

Styx Stealer malware threatens cryptocurrency users by clipping wallet addresses, diverting funds. Learn how it operates and its impact on the crypto sector.

Bitcoin-themed illustration associated with Eric Trump, symbolizing political and public interest in cryptocurrency and digital assets.

Tyler Winklevoss Criticizes ‘Crypto For Harris’ Event as a “Clown Show”

August 17, 2024 Gonzalo

Tyler Winklevoss labels the ‘Crypto For Harris’ event a “clown show,” voicing strong disapproval of the digital asset group’s virtual town hall.