A cold wallet reportedly owned by the Salvadoran government has been buying one Bitcoin everyday since March 16, adding 162 coins to the country’s Bitcoin holdings. Data from blockchain analytics platform Arkham Intelligence shows that the address, marked as El…
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Spot Bitcoin ETFs see inflows of $64.8m, Ether ETFs outflows drop to $874k [btcmanager]
Spot Bitcoin ETFs have seen their sixth consecutive day of net inflows, while spot Ether ETFs continue to net outflows, adding to their six-day negative flow streak. According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds recorded $64.91…
Russia considers launching trading platforms for stablecoins on domestic stock exchanges: report [btcmanager]
Russia is set to launch two new crypto exchanges, one in St. Petersburg and another in Moscow, with a focus on stablecoin development. As sanctions continue to impact Russia‘s financial sector, the country is now planning to establish at least…
AVAX sees 12% price jump as Grayscale launches Avalanche Trust [btcmanager]
AVAX, the native token of layer-1 blockchain Avalanche, has seen a rise of 12% in the past 24 hours, making it a top performer among the top 100 cryptocurrencies by market capitalization. After nearly six months of decline, Avalanche’s (AVAX)…
AVAX sees 12% price jump as Grayscale launches Avalanche Trust [btcmanager]
AVAX, the native token of layer-1 blockchain Avalanche, has seen a rise of 12% in the past 24 hours, making it a top performer among the top 100 cryptocurrencies by market capitalization. After nearly six months of decline, Avalanche’s (AVAX)…
Sony launches Soneium blockchain as it pushes for mainstream web3 adoption [btcmanager]
Japanese electronics company Sony is developing its own blockchain, Soneium, in collaboration with Singapore-based web3 infrastructure provider Startale. The company announced the development in an Aug. 23 release, stating that the Soneium testnet will go live in the coming days.…
Sony launches Soneium blockchain as it pushes for mainstream web3 adoption [btcmanager]
Japanese electronics company Sony is developing its own blockchain, Soneium, in collaboration with Singapore-based web3 infrastructure provider Startale. The company announced the development in an Aug. 23 release, stating that the Soneium testnet will go live in the coming days.…
Australia’s regulator wins case against Kraken’s local operator [btcmanager]
Australia’s Federal Court ruled against Kraken’s local operator for failing to comply with legal obligations when offering a margin trading product. Australia’s court has ruled that Bit Trade, the operator of the Kraken crypto exchange in Australia, violated regulatory requirements…
Former FTX-tied politician accused of campaign finance crime [btcmanager]
Michelle Bond, the partner of former FTX executive Ryan Salame, has been accused of violating U.S. campaign finance laws, according to an unsealed indictment. Ex-Congressional aspirant Michelle Bond was accused of financing her failed 2022 New York House campaign with…
Binance founder CZ moved to halfway house, remains in custody [btcmanager]
Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a halfway house at the Residential Reentry Management office in Long Beach, California. Crypto Twitter is pumping with rumors and speculation that Zhao has been officially released…