#Coinbase has released Agentic Wallet—an Ethereum-based crypto wallet for AI agents. It allows for the storage and transfer of stablecoins with no fees and daily limits. 💡
#BitMine bought $205m worth of ETH, now owns 3.63m ETH ($11.8b). Target 5% of all ETH. Despite the drop, profit 3%. BitMine 2nd among crypto treasuries.
#BitMine bought $205m worth of ETH, now owns 3.63m ETH ($11.8b). Target 5% of all ETH. Despite the drop, profit 3%. BitMine 2nd among crypto treasuries.
#Ripple warns of a surge in XRP fraud following the Swell event. The asset is being abused through fake livestreams and hacked accounts. Ripple never asks you to send XRP.
France may be the first country in Europe to include #Bitcoin in its national reserves. The UDR party has proposed creating an institution to manage reserves amounting to 2% of BTC issuance (420,000 BTC) over 7-8 years.
#Ethereum has overtaken Bitcoin in terms of the share of the stock held by treasuries (4% vs. 3.6%). This is an important investment indicator that affects the exchange rate, and it has happened in just 3.5 months.💥
The US seized 127.271 BTC (~$15B) from Chen Zhi, accused of running a transnational forced labor and #cryptofraud ring disguised as a legitimate business.
#BNBChain will distribute $45 million in BNB to memecoin traders who have suffered losses. The "Reset" airdrop will cover 160,000+ wallets, and winners will be selected randomly until November. The fairness of the airdrop is questionable.
#Wisconsin may simplify regulations for the crypto industry. Bill 471 will exempt mining, staking, and crypto exchanges from money transfer licensing as long as there is no fiat conversion.💥
The Philippines proposes to create a strategic reserve of #BTC (10,000 BTC). The central bank should purchase 2,000 BTC annually for 5 years and store it for 20 years. This will make the Philippines a country that recognizes BTC as a strategic asset. 💵
#USBill: Officials and their families are prohibited from conducting crypto transactions exceeding $1,000 during their term of office and for one year thereafter. Violations are punishable by a fine of up to $50,000 or five years in prison. The aim is to combat corruption.
#ElSalvador has allowed large financial institutions (capital >$50 million) to obtain licenses for crypto services, including BTC,for investors with assets >$250K.The transition from retail to institutional investors is due to low BTC usage among the population (1% of transfers).
#FTX customer data leak: 26 million files (logins, email addresses, transactions). The data is recent, from July 2024, although the exchange has been closed since 2022. Concerns: phishing, breach of confidentiality and regulations.🍃
#Tether has blocked #USDT to combat illegal activity without affecting the market. Since 2014, $2.9 billion has been frozen at the request of law enforcement agencies from more than 50 countries. According to the UN, USDT is often used for money laundering.⛔️
#BTC fell below $116K due to profit taking and Fed meeting expectations. Earlier it reached $123K. Altcoins stabilized after the fall. The pressure is exerted by “whale” transactions.
Spot #bitcoinETFs recorded $363 million in net inflows (12th consecutive day of net inflows). IBIT from BlackRock is leading (+ $496.75 mln, assets $86.50 bln). Fidelity, Grayscale and ARKB have outflows. Over 12 days, inflows of $6.62 billion. 💵
#Coinbase has renamed Coinbase Wallet to Base, a “universal app” with social networking, mini-apps, chat, payments and commerce. The goal: “expanding economic freedom.” It's still a beta test on signup. Meta, X, etc. have analogs.🪙
Turkey #blocked 46 crypto platforms, including PancakeSwap, for lacking licenses and violating the capital markets law. The authorities strengthened control over the crypto sector after the introduction of new rules, but did not explain the specific reasons for the blockings. ❌