Crypto News And Market Updates

HashKey Group receives in-principle VASP approval from Dubai VARA for crypto services expansion.

BNB Smart Chain DEX Volume Surges, Temporarily Flips Solana

August 25, 2024 Paulo

BNB Smart Chain’s DEX volume surged by 40%, briefly overtaking Solana, driven by strong performance on PancakeSwap and rising BNB token prices.

Elon Musk speaking at a press conference with a serious expression

Elon Musk’s X Reveals Shareholder List Including Bill Ackman

August 25, 2024 Paulo

Elon Musk’s X reveals its shareholder list, including Bill Ackman, Binance, and more, following a court order, unveiling major tech industry backers.

Suspect Zhang being extradited from Thailand to China for a $14 billion cryptocurrency pyramid scheme.

China Extradites Suspect in $14 Billion Cryptocurrency Pyramid Scheme from Thailand

August 24, 2024 Paulo

China extradites Zhang, suspect in $14 billion crypto pyramid scheme, from Thailand, marking a major victory in the global fight against financial crime.

Bitget and KoinX logos with a graphic symbolizing cryptocurrency tax reporting.

Bitget Partners with KoinX to Streamline Cryptocurrency Tax Reporting

August 24, 2024 Paulo

Bitget partners with KoinX to simplify crypto tax reporting, offering automated syncing and comprehensive reports for easier, accurate filings.

U.S. District Court Judge ruling on SEC lawsuit against Kraken, cryptocurrency exchange.

SEC Lawsuit Against Kraken to Proceed as Judge Denies Dismissal

August 24, 2024 Paulo

A California judge ruled that Kraken must face the SEC lawsuit, supporting the claim that certain cryptocurrency transactions qualify as securities.

Blockchain

WazirX Announces INR Withdrawals Amid Ongoing Crypto Withdrawal Freeze

August 23, 2024 Paulo

WazirX resumes INR withdrawals on August 26, crypto withdrawals remain suspended after the $230M hacks in July 2024, leaving users in limbo.

Chinese and Thai officials formalize the extradition of a suspect involved in a $14 billion cryptocurrency pyramid scheme.

China Extradites Suspect in $14B Crypto Pyramid Scheme from Thailand

August 23, 2024 Paulo

China extradites Zhang, the suspect behind a $14 billion cryptocurrency pyramid scheme, from Thailand in a landmark case under the China-Thailand treaty.

Upbit Temporarily Halts NEAR Transactions Ahead of Network Upgrade

August 23, 2024 Paulo

Upbit suspends NEAR deposits and withdrawals on August 26, 2024, for a network upgrade. NEAR trading remains unaffected during the maintenance.

PayPal and Anchorage Digital logos with a digital coin representing PYUSD, symbolizing their new partnership for stablecoin rewards.

PayPal Joins Forces with Anchorage Digital for PYUSD Rewards Program

August 22, 2024 Paulo

PayPal partners with Anchorage Digital to reward PYUSD holders, navigating regulatory challenges in the stablecoin market while expanding crypto offerings.

Indian government panel discusses the upcoming crypto consultation paper, aiming to regulate the cryptocurrency industry

Indian Government Set to Release Crypto Consultation Paper in 2024: A Step Towards Regulatory Clarity

August 22, 2024 Paulo

The Indian government will release a crypto consultation paper in late 2024, aiming to bring much-needed regulatory clarity to the cryptocurrency sector.