Crypto News And Market Updates

An Ethereum coin next to a laptop showing cryptocurrency market data.

Genesis Creditor Liquidates 12,100 ETH Amid Major Sell-Off

September 26, 2024 Paulo

Genesis creditor sold 12,100 ETH, worth $31.43M, after receiving a massive repayment. This liquidation may impact the Ethereum market.

Visa’s new platform for banks to issue fiat-backed tokens, enhancing blockchain integration.

Visa Creates Platform to Aid Banks in Issuing Fiat-Backed Tokens

September 25, 2024 Paulo

Visa’s new platform aids banks in issuing fiat-backed tokens, bridging traditional finance with blockchain technology for modernized transactions.

Blockchain

Exodus Donates $1.3M to Stand With Crypto Ahead of U.S. Elections

September 24, 2024 Paulo

Exodus donates $1.3M to Stand With Crypto, boosting efforts to support pro-crypto candidates in the U.S. elections, influencing future regulations.

Blockchain

Upbit to Store User Data on AWS Servers Starting October 1

September 24, 2024 Paulo

Upbit to store user data on US-based AWS servers from October 1, raising concerns over privacy under the CLOUD Act. Changes aim for service reliability.

Binance and Tokocrypto collaborate with Bareskrim to combat crypto fraud in Indonesia.

Binance and Tokocrypto Collaborate with Indonesian Authorities to Combat Crypto Fraud

September 24, 2024 Paulo

Binance and Tokocrypto partnered with Indonesian authorities to combat crypto fraud, resulting in multiple arrests and the seizure of $200,000 in funds.

Antonia Perez Hernandez sentenced in court for her role in Forcount crypto Ponzi scheme

DeFi TVL Reaches 1-Month High, Leading Protocols Surge

September 23, 2024 Paulo

DeFi TVL hits one-month high at $87.3B, led by Lido and Aave. Top protocols see gains amid crypto market recovery. TVL still 50% down from ATH.

Chart showing $321 million inflows in digital asset investment products.

Digital Asset Investment Products See $321M Inflows Following FOMC’s 50bp Rate Cut

September 23, 2024 Paulo

Digital asset investment products saw $321M inflows after the FOMC’s 50bp rate cut, fueling optimism and boosting total assets under management by 9%.

Bitcoin price chart showing sharp decline amidst massive crypto liquidations.

IMF Highlights ‘Chicken-and-Egg Problem’ Hindering CBDC Adoption

September 23, 2024 Paulo

The IMF highlights the adoption dilemma for CBDCs: merchants hesitate without consumer demand, while consumers avoid them due to limited merchant use.