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August, 2024

August, 2024

Bitcoin’s cumulative transaction volume hits $125 trillion milestone
Quick Take As of Aug. 8, the cumulative sum of on-chain transaction volume for Bitcoin has hit an impressive $125 trillion in FIAT terms, marking a significant milestone in the digital assets’s hist...
Fed escalates Operation Chokepoint 2.0 crackdown against crypto – Winklevoss
Gemini co-founder Tyler Winklevoss believes that Operation Chokepoint 2.0 “is alive and well” following the US Federal Reserve’s latest regulatory action against the crypto-friendly Customers ...
Market braces for rate cuts as Fed’s Quantitative Tightening slows
Quick Take FRED shows that the Federal Reserve’s balance sheet continues to experience gradual quantitative tightening (QT), with a negligible $3.1 billion decline, bringing the total to $7.2 trilli...
OKX CEO warns users about Tornado Cash compliance risks
OKX CEO Star Xu has warned users about the risks of interacting with the sanctioned crypto mixer Tornado Cash. In an Aug. 9 statement via the social media platform X (formerly Twitter), Xu stated that...
Spot-driven rally propels Bitcoin back to over $1 trillion market cap
Quick Take Bitcoin has experienced a significant resurgence, surging approximately 25% from its recent lows of $49,000. ...
Coinbase calls CFTC proposal against prediction markets economically unsound
Coinbase has urged the US Commodities Futures Trading Commission (CFTC) to withdraw a proposal that could affect prediction markets like Polymarket, according to an Aug. 8 letter. Paul Grewal, Coinbas...
Justin Sun Delivers Keynote and Fireside Chat at ABS2024, TRON DAO Featured as Title Sponsor
Geneva, Switzerland, August 9, 2024 – The Asia Blockchain Summit 2024 (ABS2024), featured TRON DAO as a Title Sponsor and welcomed TRON founder Justin Sun to deliver a keynote speech. Sun also parti...
Worldcoin jumps 10% despite Alameda Research’s WLD token transfer to Binance
Alameda Research, the sister company of the defunct FTX crypto exchange, has moved part of its Worldcoin WLD holding for...
Trump family plans crypto project to combat FED sparking stablecoin rumors
During a recent Rumble livestream, Trump Jr. addressed the growing speculation linking the Trump family to various meme coins. He emphasized that while he appreciates the enthusiasm for meme coin cult...
$7,162,000,000,000 in Uninsured Deposits Brewing in US Bank Accounts As Customers Risk Zero Protection From Federal Government: Report
Americans are holding a whopping $7.162 trillion in uninsured cash in their bank accounts, according to an under-the-rad...
Newswire > August, 2024
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