ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’
Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has...
Day: May 8, 2024
Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index
The investment management firm Vaneck has expanded into the meme coin sector with the launch of its new Marketvector meme...
Binance CEO Says Nigeria’s Detention of Employee on ‘Spurious’ Charges Sets ‘Dangerous Precedent’
Binance CEO Richard Teng has warned that Nigeria’s decision to invite and subsequently detain mid-level employees on what he calls...
Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features
A new Ethereum Improvement Proposal, EIP 7702, spearheaded by Vitalik Buterin and fellow collaborators, aims to refine account abstraction on...
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on...
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The...
Bitcoin Technical Analysis: BTC Faces Growing Uncertainty Amidst Market Fluctuations
As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to...
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did...
Worldcoin CEO Met With Argentine Government Officials Amidst Ongoing Probes
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials...
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as...
US Sanctions Lockbit Leader in Ransomware Crackdown
On May 7, the U.S. announced sanctions against Dmitry Yuryevich Khoroshev, a key figure in the Lockbit ransomware group. The...
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version....
Ethena’s USDe Gains Traction with Bybit Integration, ENA Token Surges
Ethena, a decentralized finance (DeFi) protocol built on the Ethereum network, has been making waves in the crypto space with...
Traders Short Ethereum as Grayscale Pulls Futures ETF Plan
Grayscale, a leading cryptocurrency asset manager, has unexpectedly withdrawn its application for an Ethereum futures exchange-traded fund (ETF) just weeks...
Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances
Purchases from foreign cryptocurrency exchanges, considered imports, have broken records in Brazil, putting some weight into the nation’s trade balance....
