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Bukele Announces Private Investment of $1.61 Billion in Third Phase of Economic Overhaul Plan for El Salvador

President Nayib Bukele used his personal X account to present the third phase of his economic plan for El Salvador. Titled “Logistics,” this new phase will entail raising private investments…

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Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped Out 

On Tuesday, bitcoin’s price climbed to $61,600 after dipping below the $60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day…

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Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes

The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations,…

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Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal

Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge…

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Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows

U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s…

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Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received

Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective…

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Ecuador’s Data Protection Agency Lacks Resources to Assess Worldcoin’s Compliance Status

The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project,…

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Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador…

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Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving $1.2M Crypto Ransom

Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in…

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Thai SEC Launches Digital Asset Regulatory Sandbox

The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation…

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