Crypto
Bitcoin Up 7% As Grayscale Wins Landmark Case Against SEC
The new court ruling has crowned Grayscale as the winner in its landmark case against the US Securities and Exchange Commission.
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Cryptocurrency
Crypto
OKX Publishes Monthly Proof of Reserves, Holds $10.4B in Assets
OKX reported its tenth consecutive monthly Proof of Reserves report, showing the exchange held $10.4 billion in reserves in August.
Crypto
Bitcoin Gained 55% in 2023, But Trading Volume Remains at 4-Year Low
Bitcoin trading volume hit a 4-year low earlier in August as traders struggle to find reason to reenter the market.
Crypto
Paxos Holds 90% of PYUSD as Stablecoin Struggles to Gain Adoption
PayPal's stablecoin PYUSD is seeing a sluggish adoption, with roughly 90% of its supply still held in its issuer's wallets.
Crypto
Crypto Market Cap Tumbles 11% in a Month but JPMorgan Sees ‘Limited Downside’
Crypto market cap fell by 11% to $1.09 trillion in the past month but JPMorgan analysts think the correction phase is almost over.
Policy
Thailand’s Parliament Picks Pro-Crypto Candidate to Be the New Prime Minister
Srettha Thavisin, a candidate who promised to conduct a national crypto airdrop will be the new Prime Minister of Thailand.
Crypto
Binance Pay Launches in Brazil Amid Growing Crypto Adoption
Binance launched Binance Pay in Brazil on Tuesday as South America's largest country continues to witness rapid crypto adoption.
Policy
China Charges Official With Life Imprisonment in Crypto Mining Case
China sentenced a former province-level official to life imprisonment for engaging in illegal crypto mining operations and power abuse.
Crypto
Reddit’s Moon Tokens Up 25% on Whale Purchase News
The investor who held a $10 billion bearish bet against LUNA bought 450,000 MOON tokens, sending its price surging over 25%.
Crypto
Singapore Red Cross to Accept Donations in Bitcoin and Ethereum
Singapore Red Cross now accepts donations in four cryptocurrencies, including Bitcoin, Ethereum, USDT, and USDC.
Crypto
Tether’s Operational Profit Was Over $1B in 2023 Q2: Report
Tether's operational profits rose 30% quarter-over-quarter, its latest attestation report shows.
Crypto
Dogecoin Hits 2-Month High After Musk Adds “Д to Twitter Profile
Dogecoin's price spiked around 5% after Elon Musk added the its symbol to his Twitter profile.
Crypto
Chinese Police Freeze $160M in Crypto Funds Using Court Order
Through a collaboration with a cryptocurrency issuer, Chinese police seized and confiscated $160 million in crypto tied to a gambling platform.