DeFi - Crypto News And Market Updates

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CoinStats Releases Incident Report Following $2.2M Security Breach

July 14, 2024 Gonzalo

CoinStats releases an incident report on a $2.2M security breach, detailing the investigation, new security measures, and support options for affected users.

Bitcoin market illustration showing liquidity compression and signals of an upcoming volatility breakout.

Crypto Trading Volume to Top $108T in 2024, Europe Dominates

July 14, 2024 Gonzalo

CoinWire forecasts global crypto trading volume to top $108T by 2024, with Europe leading the charge, signaling explosive growth in the market.

Bitcoin accumulation illustration during a market downturn, representing Strategy’s long-term Bitcoin buying during crypto winter.

UK’s New Economic Secretary Faces Scrutiny Over Potential ‘Crypto Crackdown’

July 13, 2024 Gonzalo

Tulip Siddiq, the UK’s new Economic Secretary, faces scrutiny over her past statements on a potential ‘crypto crackdown’ after Labour’s election win.

Bitcoin illustration with US-themed elements, representing market rumors related to Bitcoin and US policy developments.

Bipartisan Bill Seeks to Combat AI Deepfake Misuse with Watermarking and Provenance

July 12, 2024 Gonzalo

A new bipartisan bill aims to combat AI deepfake misuse by mandating watermarking and provenance tracking, enhancing transparency and creator protection.

Illustration visualizing long-term Bitcoin outlook and adoption scenarios toward 2030.

Germany’s BTC Selling Nears an End with Only 4,925 Bitcoin Left to Transfer

July 11, 2024 Gonzalo

German authorities sold 10,567 BTC worth $600 million today, contributing to an 18% drop in Bitcoin’s price over the past month amid other major sell-offs.

Illustration showing delayed Bitcoin repayments from Mt. Gox with falling coins.

Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already

July 8, 2024 Gonzalo

Bitcoin climbs back over $57K as markets shift focus from Mt. Gox repayments to U.S. Federal Reserve policies, with key economic data releases ahead.

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Proof of Play CEO Expects Surge in Dedicated Blockchain Use for Gaming

July 7, 2024 Gonzalo

Proof of Play CEO Amitt Mahajan anticipates a rise in dedicated blockchain usage for gaming, envisioning a future with thousands of specialized chains.

Bitcoin holders selling at a loss illustration, representing capitulation and realized losses during market downturns.

Taiwan Central Bank Says No Rush for CBDC Launch

July 7, 2024 Gonzalo

Taiwan Central Bank emphasizes a cautious approach to CBDC development, focusing on payment efficiency and tokenization technology, without rushing the launch.

Blockchain

Solana has Impacted Africa’s Crypto Market Maturity

July 7, 2024 Gonzalo

Solana’s vibrant community and initiatives are driving Africa’s crypto market maturity, highlighting the resilience and growth of the industry.

Sleeping Bitcoin Whale Wakes Up with $6.9M Transfer

July 4, 2024 Gonzalo

A dormant Bitcoin whale awakens, transferring $6.9M after 12 years of inactivity. This move adds intrigue to the market amid a crypto downturn.