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Pavel Durov Frequently Visited Russia Between 2015 and 2021
Pavel Durov reportedly entered Russia over 50 times between 2015 and 2021. He did not attempt to conceal his travels…
Bitwise Acquires Osprey Bitcoin Trust Assets
Bitwise will acquire $120 million in Bitcoin from Osprey Bitcoin Trust. OBTC holders will receive BITB shares as part of…
PayPal USD Surpasses $1 Billion Market Cap
PayPal USD surpassed a $1 billion market cap. PayPal USD is backed 1:1 by the US dollar. PYUSD lags behind…
SEC Accuses Two Brothers of Operating a $60 Million Crypto Ponzi Scheme
SEC accuses two brothers of a $60 million crypto Ponzi scheme. The fraudulent scheme involved a non-existent crypto trade bot.…
Crypto Investors Monitor Key US Economic Events
Crypto investors monitor key US economic events this week. Bitcoin maintains a price band above $64,000. US economic data could…
Stablecoin Market Reaches Record High of $168 Billion
Stablecoin market value reached a record $168 billion. DefiLlama data shows the highest point ever, surpassing March 2022. CCData reports…
Hackers Target Discord Pages of Avalanche and zkSync
Hackers targeted Avalanche and zkSync's Discord servers within 48 hours. Fetch.ai launched a new Innovation Lab in San Francisco for…
French Authorities Arrest Telegram Founder Pavel Durov in Paris
Pavel Durov was arrested in Paris over the weekend. Bets on his release by August dropped from 50% to 25%.…
Robert F. Kennedy Jr. Withdraws from 2024 Presidential Election
Robert F. Kennedy Jr. withdrew from the 2024 US presidential election. Trump emerged as the most likely candidate in prediction…
Gavin Wood Introduces Proof-of-Ink as a Digital Identity Solution
Gavin Wood introduces Proof-of-Ink using tattoos for digital identity. Justin Sun dismisses concerns over removing 12,000 Bitcoins from USDD reserves.…
Hackers Steal $700,000 After Hacking McDonald’s Instagram Account
Ethereum ETF funds recorded the longest outflow period since their launch. Hackers stole $700,000 after hacking McDonald's Instagram to promote…
Web3 Developments Highlight Significant Events
Web3 saw notable developments this week. Donald Trump earned over $7 million from NFTs. CryptoPunk auction did not meet expectations.
Cryptocurrency Companies Influence US 2024 Elections
Public Citizen reported crypto companies used $119 million to influence 2024 US elections. About 48% of $248 million corporate funds…
US Agencies Redefine Money and Bitcoin Supply Stagnates
US institutions consider redefining money for tighter crypto transaction reporting. Glassnode data shows 75% of Bitcoin supply inactive for six…
WHO Declares Global Emergency Due to Monkeypox Outbreak
WHO declared a global emergency due to the monkeypox outbreak in Africa. The virus mutated and now spreads more easily,…
Circle CEO Discusses Crypto Policies with Kamala Harris Campaign
Kamala Harris's campaign is studying crypto policies for the 2024 elections. Circle CEO Jeremy Allaire discussed crypto with White House…
Jump Trading Transfers Ethereum, Coinbase Announces cbBTC, Yilport Invests in El Salvador
Jump Trading transferred $46.44 million worth of Ethereum. Coinbase announced the potential launch of cbBTC. Yilport Holdings invested $1.6 billion…
Jump Trading Transfers Ethereum and Coinbase Announces cbBTC
Jump Trading transferred $46.44 million worth of Ethereum. Coinbase announced the potential launch of cbBTC. Yilport Holdings invests $1.6 billion…
WazirX Ends Relationship with Liminal After $230 Million Attack
WazirX ended its relationship with Liminal after a $230 million attack. Users criticized WazirX for lack of transparency and inability…
Grayscale Launches New Investment Fund for MakerDAO’s MKR Token
Grayscale launched a new investment fund for MakerDAO's MKR token. Grayscale is the world's largest crypto fund manager with over…
