DeFi - Crypto News And Market Updates

Coinbase Seeks Access to Gensler’s SEC Communications

July 24, 2024 Gonzalo

Coinbase has filed a motion asking the SEC to release documents related to Gary Gensler’s internal discussions, arguing these are crucial for their defense.

Illustration showing Amundi tokenizing a €5 billion fund on Ethereum, highlighting institutional blockchain adoption.

Phoenix Group Unveils 25MW Crypto Mining Facility in South Carolina

July 23, 2024 Gonzalo

Phoenix Group launches a new 25MW crypto mining facility in South Carolina, enhancing its global capacity to 18 exahash and driving technological advancement.

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

Digital Asset Products See $1.35 Billion in Inflows, Extending 3-Week Run to $3.2 Billion

July 22, 2024 Gonzalo

Digital asset products experienced $1.35 billion in inflows last week, bringing the three-week total to $3.2 billion, driven by strong Bitcoin investments.

Breakthrough in Zero Energy Storage May Pave the Way for Eternal Blockchains

July 21, 2024 Gonzalo

Recent advancements in zero energy storage could lead to immortal blockchains, preserving data for millions of years and securing our digital future.

Nigerian Crypto Celebrity Blord Released on Bail After Fraud Allegations

July 20, 2024 Gonzalo

Nigerian crypto star Blord is out on bail after police detention over alleged fraud and terrorism financing, raising concerns for Nigeria’s crypto sector.

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

Rho Markets Attacker Offers to Return Funds, Says Incident Not a Hack

July 19, 2024 Gonzalo

Rho Markets attacker offers to return $7.6M, claiming it wasn’t a hack but a configuration mistake, according to blockchain investigator ZachXBT.

Bitcoin price range illustration with stablecoin liquidity flows, representing sideways market structure and liquidity dynamics.

Hong Kong to Present Regulatory Framework for Stablecoins

July 17, 2024 Gonzalo

Hong Kong financial regulators plan to introduce a regulatory framework for stablecoins, with the majority of market participants supporting a licensing regime.

Chinese Businessman Guo Wengui Convicted in Billion-Dollar Scam Involving GTV Media Group

July 17, 2024 Gonzalo

Guo Wengui, also known as Miles Guo, convicted of defrauding supporters in a billion-dollar scam involving GTV Media Group, facing serious charges.

Illustration representing Aster protocol visibility and potential integration with Coinbase ecosystem.

Coinbase Narrows Subpoena to SEC Chair Gensler, Focuses on Communications During Tenure

July 16, 2024 Gonzalo

Coinbase has slimmed down its subpoena to SEC Chair Gary Gensler, focusing solely on communications during his tenure as the exchange faces an SEC lawsuit.

Illustration depicting Bitcoin OG whale sending 200 BTC to a Kraken exchange

Kraken Announces Partnership to Become First Official Crypto Partner of Tottenham Hotspur

July 16, 2024 Gonzalo

Kraken partners with Tottenham Hotspur, becoming the club’s first official cryptocurrency and Web3 partner, enhancing fan engagement and crypto awareness.