Ceffu Pulls $263 Million in Bitcoin and Ethereum off Binance in 30 Minutes
Key TakeawaysCeffu moved 136.54 million USDC onto Binance before withdrawing $263.8 million in BTC and ETH on Aug. 24.A similar episode was flagged...
BitMEX Sets Close-Only Risk Limits Ahead Of September Wind-Down
BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down.
Starting at 04:00 UTC, users will only...
The Huge Dormant Wave of New Bitcoin Buyers Doesn’t Even Get Bitcoin Yet
Key TakeawaysBitcoin remains poorly understood, creating a potentially large pool of future buyers.Information about past bitcoin price returns can significantly increase both expected...
Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act
The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major...
Bitcoin Core Dev Warns Bitcoin Payments Vanish at Bitcoin Beach
Key TakeawaysA developer reported near-zero crypto payments at El Salvador’s Bitcoin Beach, sparking adoption concerns.Vendors noted almost all customers now pay by card,...
Strategy Raises $2B As Bitcoin Holdings Stay Flat For The Week
Strategy Inc., formerly MicroStrategy, has raised $2.01 billion through an at-the-market equity offering while reporting no new Bitcoin purchases during the latest weekly...
Bitmine Adds 32,447 ETH as Ether Jumps 30% in One Week
Key TakeawaysBitmine bought 32,447 ETH last week, lifting holdings to 5.85M ETH.Ethereum’s price surged 30% as Bitmine staked 5.06M ETH, boosting its annualized...
Crypto Groups Sue To Block Illinois Digital Asset Tax Act
The Blockchain Association and Crypto Council for Innovation have filed a joint lawsuit challenging Illinois’ Digital Asset Tax Act, setting up a legal...
Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes
Key TakeawaysBlock Bits’ Dillman was convicted on 5 counts after raising about $960,000. Law360 was the first to report on the conviction.SEC allegations...
Bitcoin And Ethereum ETFs Add $492M As Inflow Streak Continues
US spot Bitcoin and Ethereum ETFs recorded a combined $492 million in net inflows for the August 21 session, extending a positive flow...
