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BTC price demands $63K flip as BlackRock CEO calls Bitcoin ‘legitimate’

BTC price holds its weekend gains as Larry Fink confirms that he is no longer a Bitcoin “skeptic.”

Tether hires Chainalysis’ chief economist for USDT usage reports

Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.

DePin Helium Mobile releases first post-roadmap progress update

Decentralized physical infrastructure networks represented the fourth-most profitable sector for investors in the first half of 2024.

Filipino artists hacked to promote XRP scam

Ben&Ben, a nine-piece pop band with over three million YouTube followers, started live-streaming a fraudulent XRP advertisement.

Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad enthusiast loses $3.6K

This week’s cybersecurity news from around the crypto space covers bug fixes, phishing scams, crypto exchange hacks and more.

US Bitcoin miners hodl in expectation of BTC price rises

US mining firms are confounding pre-halving expectations by hodling the BTC they mine.

BlackRock surpasses $10.6T record AUM boosted by ETF inflows

The asset manager saw record ETF inflows at the beginning of the year, helping it surpass the $10 trillion mark.

Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’

Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining.

FHE and confidential computing will unlock $1T in crypto capital

Confidential computing could be the fourth layer of blockchain technology, which was the missing element for mass institutional adoption.

Hong Kong flags 7 unregulated crypto exchanges for noncompliance

The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety.

Bitcoin and Ether lead $17.8B crypto inflows

Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs.

BTC price all-time high in July? 5 things to know in Bitcoin this week

BTC price gains since the weekend have transformed market sentiment, but not all Bitcoin traders think the good times will return so easily.

South Korea’s ruling party proposes delaying crypto tax to 2028

If the new proposal is approved, implementing the country’s crypto gains tax will be delayed by nearly seven years from its original schedule.

BitConnect promoter banned for 5 years by Sydney District Court

John Bigatton has been convicted for unlicensed financial advice, impacting the credibility of Australia’s financial sector.

Rising crypto crimes in Australia prompt call for tougher regulations

AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering.

Ethereum tops $3.3K as analysts tip ETF approvals this week

ETF analyst Nate Geraci says there’s no “good reason” for spot Ethereum ETFs not to launch this week.

Lazarus is moving millions from $305M DMM Bitcoin hack: ZachXBT

Over $35 million in funds from a cryptocurrency exchange hack in May has reportedly been moved to the online marketplace “Huione Guarantee” this month.

Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’

With Germany’s “forced selling” over and Mt. Gox repayments all but priced in, analysts look to an easing macro environment as a driver for Bitcoin’s price in the coming months.

Scammer returns $9.3M DAI to victim 10 months after phishing them

In a strange turn of events, a phishing scammer has returned a large portion of funds it stole from a victim last September.

Bitcoin whales snapped up $4.3B of BTC amid price slump

Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed.

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