Day: 15 July 2024

Global payments giant Visa has partnered with WireX to accelerate the adoption of virtual currencies in the United Kingdom and Europe. This collaboration, announced in a press release on Monday, July 15, 2024, aims to leverage the strengths of both companies to create innovative payment solutions and reduce friction in ...

Asset manager and investment firm CoinShares has attributed the recent surge in investment crypto products globally to two key factors: the German government's ongoing Bitcoin sales and lower-than-expected Consumer Price Index (CPI) data in the United States. According to CoinShares's latest weekly report, released today, July 15, 2024, the global ...

David Bailey, CEO of Bitcoin Magazine, successfully lobbied former U.S. President Donald Trump and his representatives to attend the upcoming Bitcoin Conference in Nashville, Tennessee, with promises of a $15 million fundraiser, according to a new report from the Washington Post. The Bitcoin Conference, scheduled to run from July 25 ...

Web3 trading platform Orderly Network has launched its X Cryptocurrency Trading Championship, featuring a substantial prize pool of $175,000 in USDC. The championship is structured as a four-week event, consisting of four distinct week-long ranking sessions. Participants' trading performances will be evaluated based on their Profit and Loss calculations in ...

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has highlighted the uptick in the use of cryptocurrencies and related services for criminal activities in a recent report on money laundering trends. The 2024 AUSTRAC Money Laundering National Risk Assessment provides a detailed analysis of various money laundering methods, with a ...

John Bigatton, a promoter of the crypto platform BitConnect, was convicted by a district court in one of Australia's biggest cities, Sydney, for providing unlicensed financial advice.  Though found guilty of violating section 911B(1) of the Corporations Act 2001, Bigatton was released on a "recognisance to be of good behaviour ...

In a major political and crypto development, former President Donald Trump is about to name his Vice President elect. This decision has sent shockwaves through both sectors. As the MAGA movement strengthens, the MAGA VP ($MVP) token is positioned to become a significant player in this historical event. The MAGA ...

Northern Data AG, a Bitcoin mining company based in Frankfurt, has announced a strategic move to bolster its operations with a substantial capital increase. The company aims to raise approximately €214 million by issuing 10,699,446 new bearer shares, equivalent to 20% of its current share capital. According to a press ...

South Korea's right-wing political party, People Power Party, has introduced a proposal to delay the taxation of cryptocurrency gains by three years. If approved, the tax on crypto gains, initially set to begin in 2025, would be postponed until 2028. The bill, proposed on July 12, 2024, and available on ...