August 2024 - Crypto News And Market Updates

Xapo Bank Becomes First to Offer Interest-Bearing USD and Bitcoin Account to UK Users

August 5, 2024 Paulo

Xapo Bank launches the UK’s first interest-bearing USD and Bitcoin account, providing innovative banking solutions for cryptocurrency users.

Wharton Professor Siegel Urges 75bps Rate Cut as Crypto Plunges

August 5, 2024 Paulo

Wharton professor Jeremy Siegel urges the Fed to cut rates by 75bps as crypto markets and traditional stocks plummet on escalating recession fears.

Coinbase International’s Perpetual Futures Trading Volume Soars to $38 Billion

August 5, 2024 Paulo

Coinbase International Exchange reports record-breaking $38 billion in perpetual futures trading volume for July, the highest since May 2024.

OpenAI Holds Back ‘Highly Accurate’ AI Content Detection Tool Over Stigmatization Concerns

August 4, 2024 Paulo

OpenAI delays its ‘highly accurate’ AI content detection tool, citing concerns about stigmatization of non-English speakers and potential for tampering.

Crypto Community Slams WazirX’s ‘Socialized Losses’ Plan After Hack

August 4, 2024 Paulo

WazirX’s “socialized losses” plan after a $230M hack sparks outrage among users, demanding improved security and transparency from the exchange.

Jerome Powell’s Crucial Statements Send Ripples Through Crypto Market, Shiba Inu Eyes Birthday Rally, Here’s How Much Bitcoin BlackRock Currently Holds

August 4, 2024 Paulo

Jerome Powell’s statements ripple through the crypto market; Shiba Inu eyes a birthday rally; Discover BlackRock’s current Bitcoin holdings.

Name	Price	24H (%)
Bitcoin(BTC)	$88,825.00	-1.27%
Ethereum(ETH)	$2,913.96	-3.25%
Tether(USDT)	$1.00	-0.05%
BNB(BNB)	$886.42	-0.91%
XRP(XRP)	$1.91	-2.80%
USDC(USDC)	$1.00	-0.01%
Solana(SOL)	$126.96	-2.40%
JUSD(JUSD)	$1.00	0.02%
TRON(TRX)	$0.308047	2.69%
Lido Staked Ether(STETH)	$2,910.65	-3.31%

Month: August 2024

Xapo Bank Becomes First to Offer Interest-Bearing USD and Bitcoin Account to UK Users

Wharton Professor Siegel Urges 75bps Rate Cut as Crypto Plunges

Coinbase International’s Perpetual Futures Trading Volume Soars to $38 Billion

OpenAI Holds Back ‘Highly Accurate’ AI Content Detection Tool Over Stigmatization Concerns

Crypto Community Slams WazirX’s ‘Socialized Losses’ Plan After Hack

Jerome Powell’s Crucial Statements Send Ripples Through Crypto Market, Shiba Inu Eyes Birthday Rally, Here’s How Much Bitcoin BlackRock Currently Holds

Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk-Off Mood

Genesis Concludes Bankruptcy with $4 Billion Creditor Payout

Ben ‘BitBoy’ Armstrong’s Former Company Subpoenaed in CFTC Fraud Probe

Genesis Transfers $3 Billion Worth of Crypto Amid Bankruptcy