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Russia Is About to Try Using Crypto to Get Around Sanctions
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Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia. Russia will begin trialing cross-border crypto payments next week in…
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Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
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U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market. Continual…
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Ether ETFs Have Bled Money, but That’s Not the Whole Story
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BlackRock’s ETHA and other Ethereum funds have collected billions of dollars worth of inflows. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though. Is DeFi Summer…
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Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
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Bitcoin hit the lowest price since Aug. 19. It was not immediately clear what sparked the sell-off. Cryptocurrencies suffered substantial losses as the U.S. business day came to a…
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Polymarket Bettors Miss Out on $270K Due to Pavel Durov’s Early Release
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Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head. French authorities are no longer holding Telegram…
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Protocol Village: Sony-Backed Soneium Blockchain Launches Testnet
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The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 22-28. Wednesday, Aug. 28 Sony-Backed Layer 2 Network ‘Soneium’ Launches Public Testnet ‘Minato’ Sony…
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WazirX Asks Singapore High Court for 6 Months to Restructure Its Liabilities
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The application initiates an automatic moratorium of 30 days. Indian cryptocurrency exchange WazirX has asked the Singapore High Court for six months to restructure its liabilities, it announced on Wednesday. WazirX lost…
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Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
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Toncoin’s TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted. Toncoin (TON) has trimmed some of its losses as the blockchain restarted after a nearly…
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Bitcoin Miners Are in M&A Mode: Architect Partners
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Miners want to secure large data center capacity with access to low cost power and capital, the report said. Bitcoin Blockspace As Electrical Markets With Leo Zhang The bitcoin (BTC) mining…
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Trump Releases Fourth Drop of His NFT Trading Cards
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The new collection will offer buyers a piece of the candidate’s suit from his debate with President Joe Biden. Former President Donald Trump is out with another collection of…
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