DeFi - Crypto News And Market Updates

Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Universal Privacy Alliance Names Amelia Andersdotter as Interim Director

October 10, 2024 Gonzalo

Amelia Andersdotter is appointed interim director of UPA, focused on advancing privacy technologies and protecting personal data in the Web3 space.

Illustration depicting the launch of a spot XRP ETF and growing institutional interest in XRP.

Canary Capital Files for Spot XRP ETF, Days After Bitwise Bid With SEC

October 9, 2024 Gonzalo

Canary Capital has filed for a spot XRP ETF, offering investors exposure to XRP via traditional brokerage accounts following Bitwise’s submission.

Illustration showing traditional banks and crypto networks merging into a unified digital asset ecosystem

Fold App Submits SEC Filing, Plans to Go Public Under New Ticker “FLD”

October 8, 2024 Gonzalo

Fold app files S-4 with SEC to go public under FLD ticker on Nasdaq, merging with FTAC Emerald. Bitcoin rewards will expand under new financial growth plans.

Palau Launches Blockchain-Based Savings Bonds Developed by Soramitsu

October 8, 2024 Gonzalo

Palau launches blockchain-based savings bonds with Soramitsu and Japan’s METI, enabling citizens to invest in national infrastructure projects via mobile apps.

US Moves to Recover $2.6 Million in Crypto Stolen by North Korea’s Lazarus Group

October 7, 2024 Gonzalo

The U.S. files a complaint to recover $2.6M in stolen cryptocurrency from North Korea’s Lazarus Group, disrupting their role in global cyberattacks.

Bitcoin illustration with upward market chart and city skyline, representing long-term outlook and future adoption of Bitcoin.

Dollar-Cost Averaging Bitcoin From 2021 Market Peak Yields 107% Return

October 6, 2024 Gonzalo

Dollar-cost averaging Bitcoin from its 2021 peak has yielded a 107% return, showcasing the strategy’s effectiveness for long-term investors.

Illustration representing a core blockchain network with interconnected nodes, data blocks, and secure infrastructure.

Axelar Unveils Mobius Development Stack for Seamless Cross-Chain Interoperability

October 5, 2024 Gonzalo

Axelar’s Mobius Development Stack simplifies cross-chain development, enabling decentralized applications across blockchains without relying on bridges.

Founder of Crypto Ponzi Scheme IcomTech Sentenced to 10 Years in Prison

October 5, 2024 Gonzalo

David Carmona, founder of IcomTech, sentenced to 10 years in prison for a Ponzi scheme, defrauding victims of $8.4M with false promises of crypto wealth.

Bitcoin on-chain analytics illustration with Binance, Coinbase data flows, representing blockchain activity and on-chain metrics.

Bitcoin Miner Terawulf Sells 25% Stake, Plans to Reinvest in Enhancing Mining Fleet Efficiency

October 4, 2024 Gonzalo

Terawulf sells a 25% stake to Talen Energy, reinvesting $92M to boost AI operations and mining fleet efficiency. Plans new 20 MW AI facility by 2025.

Illustration exploring theories about the identity of Bitcoin creator Satoshi Nakamoto.

Polymarket Opens Betting Market on Satoshi Nakamoto’s Identity

October 4, 2024 Gonzalo

Polymarket launches a betting market on the identity of Satoshi Nakamoto, as HBO’s documentary promises to unmask Bitcoin’s elusive creator on Oct. 8.