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The Race to Buy Bitcoin: Corporations Scooped up More BTC Than ETFs For Third Straight Quarter

Corporate treasuries have surpassed ETFs for Bitcoin purchases for a third consecutive quarter. Around 131,000 BTC was accumulated by public companies in the second quarter, growing their Bitcoin balance by 18%. Meanwhile, ETFs accumulated 111,000 BTC with an 8% increase over the same period, according to Bitcoin Treasuries. More companies are “trying to benefit from […]

Europol Busts $540 Million Crypto Fraud Network That Scammed 5,000 Victims Globally

Spanish authorities, supported by Europol and law enforcement from Estonia, France, and the United States, have dismantled a major cryptocurrency investment fraud network responsible for laundering €460 million, worth almost $540 million, stolen from over 5,000 victims across the world. On June 25th, the Guardia Civil arrested five individuals, three on the Canary Islands and […]

SUI, SOL Headline $484M Token Unlock Wave This Week

Traders are bracing for potential selling pressure as early investors and project treasuries gain access to massive, previously locked holdings. Data from the Tokenomist website shows that over $484 million worth of tokens are scheduled to hit the crypto market this week, in one-time releases and significant daily unlocks. Details of Token Unlocks According to […]

Last Time Bitcoin’s Price Did This XRP Skyrocketed 518% in 77 Days

With a $129 billion market cap to Bitcoin’s $2.1 trillion, XRP is about 6% the leading crypto’s weight by capitalization. By comparison, Ethereum held around 14% of Bitcoin’s market cap in June. The most bullish Ethereum and Ripple investors both see the potential in the ETH and XRP platforms to be as disruptive as Bitcoin […]

Tudou Guarantee Emerges as Key Successor After Huione Darknet Shutdown

The sudden shutdown of Huione Guarantee has sent shockwaves across the digital guarantee market, a shadowy network involving countless online fraudsters, money launderers, and brokers of stolen information in Southeast Asia and China. Despite this disruption, many Telegram-based marketplaces with similar operations remain unaffected and are actively growing. Vendors Shift to Tudou According to blockchain […]

Coinme Hit With $300,000 Penalty in California’s First DFAL Enforcement Action

The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with Seattle-based Coinme, Inc. This marks the first enforcement action under the state’s Digital Financial Assets Law (DFAL). California Cracks Down on Coinme Coinme, which operates crypto kiosks in grocery and convenience stores across California, was […]