Crypto

US govt moves $200K in Ethereum to Coinbase after test transaction

Key Takeaways A US government crypto wallet made a $10 test transaction to Coinbase Prime. The wallet holds 100,000 ETH that were seized from Chase Senecal in 2022. Share this article A wallet controlled by the US government just sent…

Crypto

Turkey Blocks 46 Crypto Platforms In Big Crackdown: Faces Severe backlash

In a severe regulatory crackdown, Turkey has blocked access to 46 cryptocurrency platforms. Thousands of Turkish crypto users found themselves suddenly unable to access crypto trading platforms. The Turkish financial authorities made it clear – they are targeting both centralized…

Crypto

Russia Wants to Eliminate Tax Dodgers in Bitcoin Mining: Report

According to a local newspaper, the Russian Ministry of Energy, the Ministry of Digital Development, and the Federal Tax Service have compiled a “registry” that has been sent to regions with increased mining activity. An official of the Finance Ministry,…

Polymarket under fire as whale votes distort Zelenskyy suit outcome: what’s going on?

When Ukrainian President Volodymyr Zelenskyy stepped out in a black suit last month, the world saw it, except Polymarket’s oracle voters. Now, a $160 million betting frenzy hinges on whether truth can outweigh token-weighted manipulation. On June 24, Ukrainian President…

Ripple CEO Brad Garlinghouse to testify before US Senate Banking Committee on crypto legislation

Key Takeaways Ripple CEO Brad Garlinghouse will join other industry figures to testify before the Senate Banking Committee on July 9. Garlinghouse emphasized that regulatory clarity is essential for innovation and consumer protection in the crypto industry. Share this article…

Crypto

60 Russian Crypto Firms Sanctioned by Ukraine for Evading Restrictions

Ukraine has imposed sanctions on 60 crypto firms in Russia, including officials in the Central Bank of Russia. Will these sanctions be successful? Russia and Ukraine have been in conflict since February 20, 2014, when Russia annexed Crimea. The invasion…

Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

Officials from Shenzhen have issued cautionary advice to the public, recommending that they pay maximum attention when operating with stablecoins due to mounting reports of abuse from certain schemes. As these assets become more widely adopted and discussed, this appears…

Crypto

Here’s why Circle’s CPN could be a threat to XRP price

As the XRP price consolidates, one of its top catalysts is facing substantial threats from Circle Internet Finance.  Ripple (XRP) was trading at $2.20 on Monday, July 7, within a range it has maintained over the past few days. This…

SEC pushes Solana ETF issuers to refile by end of July, signals fast-track approval path

Key Takeaways The SEC is urging Solana ETF issuers to refile applications by the end of July, indicating possible fast-track approval before October. If approved, spot Solana ETFs would join Bitcoin and Ether ETFs as the only approved spot crypto…

Crypto

Lawmakers Plan Bullish Move: US Crypto Week This July 14 to Tackle Major Bills

U.S. Congress just circled the week of July 14 and slapped “Crypto Week” on it. Crypto Week will be a week-long U.S. holiday. God bless America. *claps* The House will spend the week debating three bills that could reshape crypto…