Auto Added by WPeMatico

Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card

Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users…

Continue ReadingTangem Partners With Visa to Launch Self-Custodial Crypto Payment Card

Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years

The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S. dollar, for local transactions. If finally approved,…

Continue ReadingZambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years

Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground

Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed officials…

Continue ReadingCorruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground

Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures

A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24.…

Continue ReadingCrypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures

Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC

Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the…

Continue ReadingAnalyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC

German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset

A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited…

Continue ReadingGerman MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset

Grayscale Ethereum Trust Hits Premium for First Time Since 2021

Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics.…

Continue ReadingGrayscale Ethereum Trust Hits Premium for First Time Since 2021

Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed

Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to…

Continue ReadingGermany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed

Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months

Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s…

Continue ReadingBitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months