Australia achieved a new milestone by becoming the third-largest host for Bitcoin ATMs, joining the United States and Canada as countries with over 1,000 active crypto-fiat machines, according to April 24 data from Coin ATM Radar. Australia now boasts an active network of 1,008 Bitcoin ATMs, representing 2.7% of the global crypto ATM distribution. The...
American authorities have charged crypto mixer Samourai Wallet founders for allegedly operating an unlicensed money-transmitting business. In an announcement, U.S. authorities said Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill have been found guilty of allegedly executing over $2 billion in unlawful transactions and laundering over $100 million in criminal proceeds. The co-founders unlawfully...
Crypto custodian Fireblocks announced on Wednesday that it has launched its dApp Protection and Transaction Simulation products, which will help protect institutions from run-ins with decentralized finance (DeFi) scammers. Fireblocks’ DeFi Protection Tools Both products have undergone beta testing with Galaxy and FlowDesk since December of last year. They are now available to safety check...
Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record high of over $100 million, said CryptoQuant the on-chain data analytics firm based in South Korea. In its weekly research note, CryptoQuant said the spike in revenues was the...
The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24. Per Naeil Shinmun, the project is “showing signs of trouble” after effectively delaying its official launch. Busan Digital Exchange Hit With Launch Delay Busan’s digital asset exchange plans have been...
Today, Bitcoin (BTC/USD) shows modest growth, trading at $64,165. This Bitcoin price prediction explores this slight uptick in detail, highlighting the cryptocurrency’s resilience in a fluctuating market. Key resistance lies at $67,687 while support hovers around $63,654, indicating potential fluctuations in Bitcoin’s near-term market trajectory. Bitcoin ETFs See Turnaround with $59.7M Inflows: Market Sentiment Shifts...
The Brazilian megabank Nubank is launching withdrawal services for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), in the latest bullish move from the neobank. In an official notice on the Nubank community page, the bank said that it would allow customers to “send and receive [cryptoassets]” from their app-based wallets. The bank first announced its...
Hong Kong Securities and Futures Commission (SFC) has approved three spot Bitcoin and Ethereum exchange-traded funds (ETFs) that will start trading on April 30. According to a recent social media post by Bloomberg Intelligence ETF analyst James Seyffart, the issuers of the ETFs have revealed their fees, including one as low as 0.3% after a...
The European Union (EU) has formally passed a new anti-money laundering regulation (AMLR), applicable to all crypto-asset service providers (CASPs). The laws would provide more powers to Financial Intelligence Units (FIUs) to detect and combat money laundering and terrorist financing. Per a Wednesday’s announcement, the package of legislations would impact crypto exchanges, brokers, regulated under...
Bitcoin’s inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving. With 93.3% of Bitcoin already mined, translating to 19.6 million out of the possible 21 million BTC, the scarcity factor is anticipated to drive demand further, potentially fueling a surge in the price...