BTC wholecoiners up by 40K since June crash began

Smaller Bitcoin (BTC) investors have found a unique opportunity during the crypto slump to snap up their favorite cryptocurrency. The number of “wholecoiners” has surged by 40,000 since the June slump alone. ... Read more »

New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms

New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on... Read more »

$190M Stolen From Nomad Bridge in “Frenzied Free-for-All” Hack

Share this article Thieves rushed to drain the bridge once news of the exploit surfaced. Unlike most other crypto hacks, stealing funds did not require in-depth programming knowledge.  $190M Lost in Nomad... Read more »

Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy

Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its progress in resuming withdrawals from... Read more »

Stagnating active addresses and entities show we’re in a typical bear market

Determining the length of an ongoing bear market is extremely difficult to do with a single metric, especially when looking at short time frames. To better understand an ongoing bear market, one... Read more »

Kenyan Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs

In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two... Read more »

Bitcoin network activity decline suggests longer bear market: Glassnode

With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says Glassnode.  The... Read more »

SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised more... Read more »

Ripple Sold $409M Worth of XRP in the Second Quarter

Key Takeaways Ripple released its second quarter markets report Thursday, revealing it increased XRP sales by around 50%. The sales were attributed to a spike in demand for its On-Demand Liquidity service. ... Read more »

GHO Stablecoin to be launched as Aave DAO gives a 99.9% approval

A governance proposal to create a crypto-backed stablecoin on the Aave protocol has been unanimously approved by the Aave community in a snapshot voting which lasted till Sunday. On July 7, 2022,... Read more »