Hacks in Crypto Industry Are Declining, But Threats Persist
TL;DR Losses from hacks and scams in the crypto industry were $413 million in the third quarter of 2024, representing a 40% decrease. The most...
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Kraken Expands European Presence with Acquisition of Dutch Crypto Broker BCM
TL;DR Strategic Expansion: Kraken acquires Coin Meester B.V. (BCM) to strengthen its presence in the European market, especially ahead of the upcoming MiCA regulations. Enhanced...
Alchemy Pay Integrates Google Pay into Its Virtual Card to Facilitate Crypto Payments
TL;DR Alchemy Pay updates its Virtual Card to enable crypto payments through Google Pay. The integration facilitates online and in-store payments, enhancing user experience and...
Sherpa Predicts Bullish Potential for AAVE, Solana, BNB, and Sui in the Crypto Market
TL;DR Altcoin trader Sherpa sees Aave (AAVE) as a very strong altcoin, after consolidating for over two years. Solana (SOL) is in the process of...
eToro to Pay $1.5 Million Fine to SEC and Restrict Its Crypto Offerings in the U.S.
TL;DR eToro has agreed to pay $1.5 million to the SEC and will limit its crypto offerings in the U.S. to Bitcoin, Bitcoin Cash, and...
Cryptocurrencies Absent Once Again at the Second 2024 Presidential Debate
TL;DR Cryptocurrencies were not a topic in the second presidential debate between Kamala Harris and Donald Trump. Polymarket showed a tie in its prediction of...
Bitwise Predicts a Crypto Market Rally in the Last Quarter
TL;DR Matt Hougan of Bitwise predicts a crypto rally for the last quarter of 2024 as macroeconomic uncertainty clears. September has historically been unfavorable for...
FBI Reports Record $5.6 Billion Lost to Cryptocurrency Scams in 2023, Highlighting Links to Human Trafficking
TL;DR Investors lost $5.6 billion to cryptocurrency-related fraud in 2023, a 45% increase from the previous year. Investment fraud, known as “pig butchering,” was the...
Crypto.com Unveils Global Retail Services from Dubai Hub
TL;DR Global Retail Services Launch: Crypto.com has launched global retail services from its Dubai hub, enabling seamless deposit and withdrawal capabilities for users in over...
Fear Returns to the Crypto Market Following Bitcoin Crash
TL;DR The Cryptocurrency Fear and Greed Index has dropped to 30, signaling rising fear in the market. Bitcoin is currently trading at $59,234, with a...