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Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic

Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis…

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Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining

The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a…

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While Useful, Bitcoin Will Not Replace the U.S. Dollar, Russian Analyst Warns

Viktor Pershikov, a Russian expert in financial markets, has explored the opportunities that crypto and bitcoin will bring to Russia following the laws approved recently by President Putin. Pershikov stated…

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Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has…

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Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024

Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At…

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Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings

Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in…

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Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions

Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans…

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Newly Launched ETF Supercharges Microstrategy Bets: 1.75x Risk or Reward

Defiance ETFs has introduced MSTX, the first leveraged single-stock exchange-traded fund (ETF) focused on Microstrategy, offering 175% long daily exposure. This ETF targets sophisticated investors seeking amplified exposure to Microstrategy’s…

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Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits

With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made…

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Analyst Predicts Silver Prices Could Reach $200 Driven by Demand for New EV Battery Technology

Kevin Bambrough, a financial expert with over a decade of experience in commodities markets, has predicted that silver could reach $200 per ounce in the next 10 to 15 years,…

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