Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt ‘Full HODL’ Strategy
The miner holds over 20,000 bitcoin and plans to buy more in the open market.
News
First Mover Americas: Bitcoin Slides After Wednesday’s Tech Rout
The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.
Coinbase’s CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.
Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens
China’s back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation’s flagging economy.
Morpheus, Decentralized AI Project From Lumerin, Goes Live on Arbitrum Test Network
Artistic modification of illustration pulled from Morpheus white paper (Lumerin/Morpheus)
Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains
Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.
India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto
India has seen as many as 92 cases since 2020 till April 2024 involving dark net and cryptocurrencies to purchase drugs, the nation’s junior Home Minister Nityanand Rai said to parliament on Wednesday.
Crypto-Friendly Revolut Finally Earns UK Banking License
Revolut has entered a “mobilization stage”, designed for new banks to operate with restrictions.
Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
Renewed expansion in stablecoins is bullish for the broader crypto market.