Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday

U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT Emerges as Monday’s Sole Gainer On Monday, sosovalue.xyz stats show the 11 U.S. spot bitcoin ETFs […]

Groundbreaking Launch: PAW Chain Unveils the World’s First Layer 3 Centric Blockchain

PRESS RELEASE. The DeFi industry is about to experience a significant transformation with the launch of PAW Chain’s public mainnet. PAW Chain brings the world’s first Layer 3 centric blockchain into the spotlight, focusing on scalability, security, and interoperability. Unprecedented Processing Speeds & Scalability PAW Chain’s new blockchain technology delivers unprecedented processing speeds, ensuring swift […]

US Ethereum ETFs See Fourth Straight Day of Outflows

According to the latest data, the nine U.S.-based ethereum exchange-traded funds (ETFs) experienced their fourth consecutive day of outflows on Monday, amounting to a $98.29 million reduction. These outflows have pushed the cumulative net inflow into the negative, amounting to a sum of -$439.64 million since July 23. U.S. Ethereum ETFs Experience Continued Outflows, Driven […]

Bitcoin.com’s V-Card Nearing Launch

Bitcoin.com will soon launch V-Card, enabling anyone to spend their cryptocurrency, just like cash, anywhere Mastercard® is accepted. The waitlist for the V-Card is now open at verse.bitcoin.com/card, and early sign-ups have the chance to win a free V-Card (€75 value). “Self-custody holders of Bitcoin and other cryptocurrencies via the Bitcoin.com Wallet app will now […]

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-naira to its perceived lack of significant benefits compared to the traditional naira. E-Naira Adoption Lags Despite […]

Polymarket Sets Position on Venezuelan Election Bet Outcome

Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who led the bet most of the time, was proclaimed on June 29 by National Electoral Council authorities. “People deserve honest answers about the future […]

Slovenia Launches First Digital Bond in EU Sovereign History

On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale central bank money settlement experimentation program. The settlement was executed on-chain in wholesale central bank digital […]

Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin

Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in the kidnapping, and other material evidence. Police Recover Body of Slain Foreign National The Ukrainian police announced on July […]

Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud

The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being informed that their accounts were nonexistent. The SFC suspects Proxinex enlisted an agent to attract investors through dating apps, possibly using […]