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QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes

QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening…

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Indian Court Reaffirms Legality of Cryptocurrency, Grants Bail to Yes World CEO

The Orissa High Court in India has reaffirmed that cryptocurrency trading and transactions are neither banned nor deemed illegal in India. Citing the legality of crypto, the court granted bail…

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Coinzoom Operations Suspended in Ohio Following Regulatory Examination

The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets,…

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Airbnb Host Imposes No Mining Rule After Guests Rent Her Property to Mine Crypto

An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and mining cryptocurrency during their three-week…

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Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP

The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to…

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New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau

The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction…

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Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com

Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $100 into his Crypto.com…

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Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes

Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana.…

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State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges

Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will…

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DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes

The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses,…

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