Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco
Key Takeaways Thoma Bravo has withdrawn from crypto investments after its FTX bet fell flat. The company's founder maintains a...
Bitcoin
Bitcoin Approaches $57,000 Amid US Jobs Data Decline
Markets anticipate a 50 basis point (bp) rate cut in September amid deteriorating US Job data. According to the US...
Bitcoin UTXOs in Profit Fall to Lowest Level Yearly, Here’s What it Means
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen...
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
India’s FIU Considers Approving More Offshore Crypto Exchanges
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting...
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much...
Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction....
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The...
Mercuryo Launches Mastercard-Enabled Crypto Debit Card
Crypto payments firm Mercuryo has released a Mastercard debit card for crypto holders in Europe. The virtual payment method, called Spend,...
Altcoin Season Kicks Off: Bitcoin Weakness Fuels Speculation
Analysts are focusing on altcoins as Bitcoin (BTC) experiences a price decline, with hopes of a potential altseason. This phase,...
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not...
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum...
Zero Flows in 4 of 5 Days
On Tuesday, BlackRock’s iShares Bitcoin ETF recorded another day of zero inflows, while US spot Bitcoin (BTC) ETFs continued their...
Bitcoin Dipping its Toe into Global Finance
In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to...
Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with...
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In...
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity...
North Korean Hackers Eyeing Big Attack on Crypto ETFs
The recent report by the Federal Bureau of Investigation (FBI) has gathered significant attention from crypto enthusiasts, as North Korean...
Uniswap hit with CFTC order over illegal crypto derivatives trading
Uniswap hit with order by CFTC for illegal trading in digital asset derivatives The decentralized exchange will pay $175,000 in...
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining...
Threshold community proposes merger to safeguard WBTC amid growing concerns
Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s...
