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Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions

In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established…

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Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum

Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not…

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Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML Compliance

The U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank…

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Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours 

Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since…

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Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets

Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of…

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Polymarket Bets Predict a Nail-Biter: Trump and Harris Dead Even in 2024 Race

According to prediction market Polymarket, former President Donald Trump and current Vice President Kamala Harris are now evenly matched in the 2024 election race. Initially, Trump led Harris following the…

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Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration

On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL…

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Crypto Market Volatility Fuels $1.2B Inflows at Binance

On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that…

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US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise

A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all…

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