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Donald Trump Jr. Unveils Platform Aiming to Challenge Banks

Donald Trump Jr. Unveils Platform Aiming to Challenge Banks

Donald Trump Jr. has disclosed details of a cryptocurrency and DeFi-related project he announced the previous day, according to Cointelegraph. The platform aims to address inclusivity issues regarding access to financial services. “We want to take on a large part of the banking world. I think there is a great inequality in that only certain […]

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JPMorgan Highlights Institutional Investors' Role in Bitcoin's Resilience

JPMorgan Highlights Institutional Investors’ Role in Bitcoin’s Resilience

Institutional investors have largely maintained their positions in the leading cryptocurrency despite market turbulence, aiding in the rebound of its price, according to JPMorgan, as reported by The Block.

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NYSE Plans to Launch Options on Ethereum ETFs

NYSE Plans to Launch Options on Ethereum ETFs

The New York Stock Exchange (NYSE) has approached the SEC with a proposal to amend rules, enabling it to list and offer trading of options based on spot Ethereum ETFs from Bitwise and Grayscale.

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Nomad Protocol Hacker Transfers 14,500 ETH to Tornado Cash

Nomad Protocol Hacker Transfers 14,500 ETH to Tornado Cash

A wallet linked to the breach of the cross-chain protocol Nomad has moved 14,500 ETH ($35.2 million) to the cryptocurrency mixer Tornado Cash, as noted by analysts at PeckShield. #PeckShieldAlert #NomadBridge exploiter-labeled address has transferred 14.5K $ETH (worth ~$35.2M) to #Tornadocash pic.twitter.com/beiYFxsAPb — PeckShieldAlert (@PeckShieldAlert) August 8, 2024 The previous movement of stolen funds was […]

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Putin Approves Legalisation of Cryptocurrency Mining and Trading Under Experimental Legal Regimes

Putin Approves Legalisation of Cryptocurrency Mining and Trading Under Experimental Legal Regimes

On August 8, Russian President Vladimir Putin signed a law permitting the legalisation of cryptocurrency mining in the country, as reported by TASS. The document will come into effect on August 18, with the provision for a miners’ registry starting on November 1. For more details on its contents, read the special ForkLog material. Additionally, […]

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Hamster Kombat Reveals Airdrop Criteria

Hamster Kombat Reveals Airdrop Criteria

The developers of Hamster Kombat have updated the AirDrop section, adding information about the factors influencing the airdrop. List of activities from the AirDrop section in Hamster Kombat. Data: game app in Telegram. Variables affecting the future token distribution include: passive income — hourly profit indicator; task completion — found in the “Tasks” section; attracting […]

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Brazilian Regulator Approves Solana ETF

Brazilian Regulator Approves Solana ETF

The Brazilian Securities and Exchange Commission has approved the launch of the country’s first exchange-traded fund (ETF) based on SOL, reports Exame. For trading to commence, the new instrument must be listed by the Brazilian stock exchange B3. The product will track the CME CF Solana Dollar Reference Rate, an index created by CF Benchmarks […]

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Robinhood’s Cryptocurrency Trading Revenue Soars 161% in Q2

The online broker Robinhood reported $81 million in revenue from cryptocurrency trading for the April-June period. This figure marks a 161% increase compared to the second quarter of the previous year and is double the revenue generated from stock-related metrics ($40 million). The largest source of revenue for the company remained options trading, which brought […]

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Turbo Protocol Unveils Ethereum-Based Layer 2 Solution with 400,000 TPS

Turbo Protocol Unveils Ethereum-Based Layer 2 Solution with 400,000 TPS

The Turbo Protocol team has launched a Layer 2 solution on Ethereum, capable of processing up to 400,000 transactions per second (TPS), reports The Block.

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Significant Purchases of December Call Options Observed by Experts

Significant Purchases of December Call Options Observed by Experts

The bullish outlook for Bitcoin persists due to substantial purchases of call options with expirations in December and March, according to QCP Capital. 3/ We remain bullish on #BTC as we see significant call buying in the Dec and March expiries. Major funds also continue to roll their Sep long call positions. — QCP (@QCPgroup) […]

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Crypto Campaign Launched in Support of Kamala Harris

Crypto Campaign Launched in Support of Kamala Harris

Supporters of the U.S. Democratic Party within the cryptocurrency industry have initiated the Crypto for Harris campaign to counter Donald Trump’s appeals to the sector. Eleanor Terrett of FOX Business reports. ?NEW from me: Democrats launch ‘Crypto for Harris’ campaign to counter Trump’s industry appeal The Democratic arm of the cryptocurrency industry is determined not […]

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Bitcoin Whales Reach Peak Activity in Four Months

Bitcoin Whales Reach Peak Activity in Four Months

During the cryptocurrency market downturn on August 5–6, Bitcoin whale transactions hit their highest level since April, according to data from Santiment. ? August 5th and 6th saw the highest level of Bitcoin whale transactions since the first week of April. According to the total holdings of wallets with 10 to 1,000 BTC, they rapidly […]

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