Several Bitcoin mining companies recorded a clear performance recovery in July with increased mining output. This recovery reflects the flexible adaptability of mining infrastructure and the effectiveness of energy management strategies. Bitcoin Miners Recover Strongly Data from Blockchain.com indicates that the total network hashrate rebounded significantly in July, nearing its all-time high. This demonstrates that…
Underscoring Institutional Readiness in the New Financial & the Wealth³ Era CV Summit announces Franklin Templeton and Unblock as presenting partners for 2025, highlighting the institutionalization and utility of blockchain and AI in driving the future of global finance. Franklin Templeton, one of the world’s largest asset managers, managing over $1.6 trillion in assets, and…
Stellar (XLM) price has jumped over 16% in the past 24 hours, breaking out of a bullish continuation pattern. While many traders might expect a pullback, several technical indicators suggest this could be the beginning of a much bigger rally. However, one on-chain metric throws in a caution flag that could slow things down. Triple…
Older Americans are losing money to imposter scams at an alarming rate, with losses and case numbers surging to record highs, according to new data from the Federal Trade Commission (FTC). Key Takeaways: FTC data shows seniors’ imposter scam losses hit $700M in 2024, up 362% since 2020. Scammers pose as trusted officials or companies…
Animoca Brands has established Anchorpoint Financial Limited, a joint venture with Standard Chartered Bank (Hong Kong) Limited and HKT, to apply for Hong Kong’s first stablecoin issuer license under the city’s new regulatory framework. The partnership submitted a formal interest to the Hong Kong Monetary Authority on August 1, the same day the Stablecoins Ordinance…
Ripple Labs’ long-running legal fight with the US Securities and Exchange Commission (SEC) is officially over after both sides agreed to drop their appeals in the case. According to reports, a joint filing on August 7 confirmed the decision to the 2nd Circuit Court of Appeals, ending a nearly five-year dispute that has shaped debate…
Ethereum Foundation (EF) Co-Executive Director Tomasz Stańczak has urged developers to redirect their attention toward the upcoming Fusaka upgrade, warning that focus on the later Glamsterdam release could jeopardize near-term progress. In an Aug. 8 update on X, Stańczak said he had advised project coordinators to pause discussions about Glamsterdam. That upgrade is not expected…
Ukraine’s central bank said it remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized as legal tender, per RBC Ukraine. National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said on August 8 that “virtual assets cannot be a means of payment in Ukraine” and described this restriction…
Cryptocurrency exchange Binance announced that European users can now convert cryptocurrency to fiat and withdraw funds directly to Mastercard with near real-time processing. The new service, available on both the Binance website and application, is powered by Mastercard Move, Mastercard’s suite of payment solutions. This feature allows users to either sell their cryptocurrency and transfer…
Bitcoin (BTC) miners appear to be holding firm despite renewed concerns over sell-offs and liquidity crunches on Binance. The percentage price change since the last mining difficulty bottom has climbed to +7.4%, showing that the market has pulled out of stress territory and that forced sales from miners are not currently weighing on prices. This…