Former Binance CEO Changpeng ‘CZ’ Zhao has been transferred from FCI Lompoc II to the RRM Long Beach halfway house in California, sparking confusion among X users who mistakenly believed he had been released. Despite the change in his location, CZ remains incarcerated. The RRM Long Beach facility, categorized as a ‘residential reentry management (RRM) […]
The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette, disclosed that the police headquarters in the Perak District crushed 985 mining rigs worth RM1.98 million ($452,500) earlier this week. A video on the platform’s […]
Around 18,400 Bitcoin options contracts are due for expiry on Friday, August 23. They have a notional value of around $1.1 billion. Today’s options expiry event is a little smaller than last week’s, so its impact on spot markets is likely to be limited. The much larger month-end expiry event next week has a notional […]
Fundstrat Head of Research Tom Lee believes hopes of a Trump election victory in November could boost asset prices – and that includes Bitcoin. “When the market becomes more convinced of that, you’ll see cyclicals, small caps, and bitcoin do better,” he told CNBC on Thursday, “because those are clear policy differences.” The Bitcoin Trump […]
[PRESS RELEASE – Zug, Switzerland, August 22nd, 2024] Indonesia’s First Government-Supported Web3 Program at Coinfest Asia 2024 Lisk, a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum, is excited to announce its new partnership with Gerakan Nasional 1000 Startup Digital, an initiative by the Indonesian government’s Directorate General of […]
[PRESS RELEASE – George Town, Cayman Islands, August 22nd, 2024] Platforms looking to expand their offerings and discover new opportunities can explore SimpleSwap’s affiliate program. The SimpleSwap affiliate program offers a suite of tools tailored for any user, including an advanced API that integrates effortlessly with an existing setup. By participating in the SimpleSwap affiliate […]
[PRESS RELEASE – Amsterdam, Netherlands, August 22nd, 2024] Hivello, a leading aggregator of decentralized physical infrastructure networks (DePINs), has announced a strategic partnership with Mysterium Network, a pioneer in decentralized networking and VPN services. This collaboration aims to integrate MystNodes into the Hivello platform, driving mutual growth, enhancing network capabilities, and expanding user engagement within […]
On Aug. 22, technical analyst and creator of the stock-to-flow model Willy Woo posted a chart of Bitcoin inventory on exchanges. He noted that things have been bearish until the start of August due to an influx of around 100,000 BTC from the German and US governments selling and Mt. Gox distributions. He added that […]
[PRESS RELEASE – London, United Kingdom, August 21st, 2024] Expansion Enables Greater Access to Liquidity and New Institutional Use Cases Aave, the leading DeFi protocol governed by the Aave DAO, today announced the launch of Aave V3 on Era Mainnet powered by ZKsync. With efficient and secure transactions provided by ZKsync technology, the launch of […]
Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term […]