Category : Cryptocoins News

Cryptocoins News

Binance Delays Spot and Margin Trading System Upgrade

Binance announces the postponement of its Spot and Margin Trading System Upgrade originally scheduled for August 6, 2024. (Read More)

Binance P2P Expands Trading Pairs with African Fiat Currencies

Binance P2P now supports trading pairs for Solana, TRON, USD Coin, Worldcoin, and Ripple against various African fiat currencies. (Read More)

Xapo Brings Bitcoin Banking to The UK, Offering Crypto-Fiat Product

Xapo Bank, a Gibraltar-licensed digital banking for crypto, has expanded its operations into the United Kingdom. It has become the first licensed bank in the country to offer a combined interest-bearing USD and Bitcoin (BTC) account. This move comes...

Hong Kong Monetary Authority Announces Tender of 1-Year HONIA-Indexed Floating Rate Notes

The HKMA will hold a tender for 1-year HONIA-indexed Floating Rate Notes on August 14, 2024, under the Institutional Bond Issuance Programme. (Read More)

Hong Kong Monetary Authority Announces 5.00% Interest Rate for Silver Bond Series Due 2026

The Hong Kong Monetary Authority has set the annual interest rate for the second interest payment of the Silver Bond Series due 2026 at 5.00%. (Read More)

Bitcoin (BTC) and Ethereum (ETH) Lead Digital Asset Outflows Amid Broad Market Sell-Off

Digital asset investment products experienced significant outflows totaling $528M, led by Bitcoin (BTC) and Ethereum (ETH), amid recession fears and geopolitical concerns, according to CoinShares. (Read More)

This Wall Street Bitcoin Miner Produced 63% Less BTC in July 2024

Bitcoin (BTC) miner Argo Blockchain, publicly traded on Wall Street and the London Stock Exchange (LSE), has presented today (Monday) its latest report on cryptocurrency production for July. The result of 48 mined BTC is over 60% worse than last year...

Bitcoin tumbles, tests $49,000, amid major crypto selloff

Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession and Japan’s rate hike trigger market turmoil. FBI warns of rising crypto scams during increased market volatility....

Binance Pay to Phase Out Pay ID Support Starting August 2024

Binance Pay will begin phasing out support for Pay ID from August 6, 2024, focusing on enhancing user experience through other payment methods. (Read More)

Binance Pool Introduces KASPA (KAS) Mining with Zero Fees

Binance Pool has launched KASPA (KAS) mining service with zero pool fees during the promotion period from August 5 to November 5, 2024. (Read More)

Essential Guide for Studios: Choosing the Right Blockchain for Web3 Games

Discover how to choose the right blockchain for Web3 game development. Learn about gaming-focused platforms, security, scalability, and ecosystem support. (Read More)

Morgan Stanley allows advisors to offer Bitcoin ETFs to clients

Morgan Stanley has become the first major Wall Street bank to allow its financial advisors to offer Bitcoin exchange-traded funds to its clients. Over 15,000 of the bank’s financial advisors have the go ahead to pitch Bitcoin ETFs to eligible...

Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.

Riot Platforms, Inc. reports a significant stake increase to 16.9% in Bitfarms Ltd., aiming to influence the company's board composition. (Read More)

Bitcoin Mining Giants from Wall Street: Ranking the Top 5 by Market Cap

Over 20 companies engaged in Bitcoin (BTC) mining, the process of extracting the oldest cryptocurrency for profit, are now listed on global stock exchanges. Wall Street is home to the vast majority of them, and it's where we find the largest publicly...

AssemblyAI's Python SDK Surpasses 100K Monthly Downloads with New Tutorials

AssemblyAI's Python SDK hits 100,000 monthly downloads, supported by fresh tutorials and community engagement. (Read More)

Character.AI Enters Agreement with Google, Announces Leadership Changes

Character.AI announces a strategic agreement with Google and key leadership changes to accelerate the development of personalized AI products. (Read More)

Bitcoin network difficulty reaches record high amid price volatility

Bitcoin’s network difficulty hits a record high of 90.67 trillion as of August 2, 2024. Bitcoin’s hash rate reached a record 677 EH/s on July 27th, boosting network security. Bitcoin’s RSI at 44 suggests potentially oversold condit...

Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC

Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors, covering 77% of customer claims. Digital Currency Group will not receive any payout from Genesis’s bankruptcy plan....

Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading

Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hur...

Ripple (XRP)'s Q2 2024 XRP Markets Report Highlights Volatility and Regulatory Wins

Ripple (XRP)'s Q2 2024 XRP Markets Report details market volatility, regulatory updates, and significant industry developments. (Read More)

NVIDIA Grace Family: Revolutionizing Data Center Efficiency

NVIDIA's Grace CPU family aims to meet the growing demands for data processing with high efficiency, leveraging Arm Neoverse V2 cores and a new architecture. (Read More)

Bitcoin Miner Marathon Shares Drop 8%: Faces Revenue and EBITDA Challenges

Marathon Digital Holdings (MARA) saw its shares drop by up to 8% in after-hours trading yesterday (Thursday). This decline followed the company's announcement that its second-quarter revenue fell short of Wall Street expectations.Operational Issues I...

Bitcoin Miner Marathon Shares Drop 8%: $138 Million Penalty and Revenue Challenges

UK's New Tech Policy Could Catalyze Economic Growth Through Blockchain

The UK stands at a critical juncture to boost economic growth by fostering new tech policies, particularly in blockchain, according to a16z crypto. (Read More)

AMF Begins Accepting Crypto-Asset Service Provider Applications Ahead of MiCA

With six months remaining before the European MiCA Regulation’s provisions on crypto-asset services take effect, the Autorité des Marchés Financiers (AMF) has begun accepting applications for authorization to operate as a crypto-asset service provide...

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