Month: September 2024

Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis

Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis

Cointelegraph September 11, 2024

The launch of the Bitcoin ETF in the US triggered an increase in...

India tops global crypto use despite offshore exchange ban

India tops global crypto use despite offshore exchange ban

Cointelegraph September 11, 2024

India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to...

Brazilian bank suspends native crypto token trading following 97% price drop

Brazilian bank suspends native crypto token trading following 97% price drop

Cointelegraph September 11, 2024

Nubank suspends trading of its native token, offering users the option to convert...

UAE regulators to allow Dubai-licensed VASPs to service entire country

UAE regulators to allow Dubai-licensed VASPs to service entire country

Cointelegraph September 11, 2024

The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty...

Bitcoin net flows hit $750M, highest outflow since May

Bitcoin net flows hit $750M, highest outflow since May

Cointelegraph September 11, 2024

Large Bitcoin outflows may signal rising demand as investors shift BTC into cold...

Indonesian crypto exchange Indodax goes offline after suspected $22M hack

Indonesian crypto exchange Indodax goes offline after suspected $22M hack

Cointelegraph September 11, 2024

The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin,...

Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

Cointelegraph September 11, 2024

Some commentators note that Based Rollups align incentives between Ethereum layer 2 and...

Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO

Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO

Cointelegraph September 11, 2024

Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter...

Atomic Wallet wins dismissal of class suit over $100M hack

Atomic Wallet wins dismissal of class suit over $100M hack

Cointelegraph September 11, 2024

A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic...

US lawmakers divided in first Congressional hearing on DeFi

US lawmakers divided in first Congressional hearing on DeFi

Cointelegraph September 10, 2024

Pro-crypto Representatives noted the need for a freer financial system, while more skeptical...