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The Latest Breaking News from Crypto

Crypto Crash: Ethereum, Bitcoin Lead Price Bloodbath In 'Perfect Storm'

Crypto started collapsing Sunday night following a week of significant news on political and financial trends – the world's top two digital assets are leading the way in the crash, and maximalists are now trying to calm the "perfect storm."

International Business Times

See the beautiful Kobe and Gigi Bryant statue the Lakers unveiled outside their arena

The Lakers unveiled a new statue honoring NBA Hall of Famer Kobe Bryant and his daughter, Gigi, on Friday outside Crypto.com Arena.

USA Today Sports Media Group

U.K. government meets Big Tech—including a16z crypto: ‘Unlike in the U.S., it’s not political’

As crypto remains politicized in the U.S., across the pond, it’s bridging the gap.

Fortune

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Trump urges supporters to ‘GO AFTER’ Google and Meta, escalating tech tensions

As election season intensifies, tech figures are dividing into Democratic and Republican camps.

Fortune

July Was Very Profitable For Crypto Hackers, Says Expert Amid $266M Losses

The crypto industry lost more than $266 million in July, most of which was suffered by WazirX, which has been accused of not being transparent about the exploit and not doing enough to handle the matter for the benefit of its users.

International Business Times

Harris Gains Ground On Polymarket, Trump Odds Plummet Since Pennsylvania Shooting

Harris now has higher odds of winning the 2024 elections, at least among crypto traders on Polymarket. Her chances have gradually increased on the decentralized platform as more Democrats show support for the industry.

International Business Times

Euro-Backed Stablecoin $EURC Launches On Base, Enhancing Trust And Compliance For Global Commerce

The $EURC stablecoin is now live on the leading Ethereum L2 Base, bridging the compliance gap in compliance that businesses and developers need to facilitate global commerce, and bringing the world closer toward upgrading the traditional financial system.

International Business Times

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$USDT Trends Amid Speculation Tether Is Crypto's Enigmatic 'Mr. 100'

Stablecoin $USDT and Tether were trending on X Thursday after a crypto user's post led to much talked about topic of whether the crypto space's mysterious Mr. 100 has finally been identified.

International Business Times

Kobe Bryant And Daughter Gianna Statue To Be Unveiled Soon

New statue honoring Kobe and Gigi Bryant to be unveiled near Crypto.com Arena in LA, part of a series dedicated to the late Lakers legend.

Top News

Bitcoin: Waiting for the Next Shoe to Drop?

Bitcoin reached its most recent record high on March 14, 2024, at $73,662.76 per token. The high occurred as the SEC approved spot Bitcoin ETF products that expanded the addressable market for investment and trading. While Bitcoin has corrected lower since the mid-March 2024 high, the price remains close to…

Barchart

The CIA Created Bitcoin? Tucker Carlson Divides Crypto Community In Latest Claim

Tucker Carlson, known for his firebrand comments and controversial parting with Fox News, has made a claim that divided the crypto community on X, with some agreeing with him, and others saying he has no idea what he's talking about.

International Business Times

Terra Blockchain Exploit: Millions Drained Due To Vulnerability Uncovered In April

The Terra blockchain had to be halted briefly on Wednesday after what a blockchain security firm said was an exploit of the network, affecting four specific cryptocurrencies and wiping out millions.

International Business Times

Here are 6 crypto leaders rejecting Trump's wooing

It can no longer be dismissed as hearsay: Kamala Harris’ campaign is considering reconsidering the crypto question.

Fortune

Bitcoin In Retreat: Technical Correction, FUD, Or MtGox Market Impact?

Bitcoin prices have been on a decline in recent days, even after the crypto spiked after the Nashville conference. There are different factors that could be affecting the coin's price, but it appears MtGox's repayments remain a lingering thorn in its upward path.

International Business Times

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International Business Times UK

Pegged For Success: Stablecoins Bid For Wider Adoption; Increasingly Embraced By Users And Exchanges

This year, stablecoins have extended their influence beyond the crypto market. In recent years, the sector experienced significant growth, with the value of the global stablecoin market exceeding $100 billion.

International Business Times

New $IQ Memecoin Hits $5M Market Cap In 1 Day, Plunges Amid 'Shilling' Allegations

Nansen's CEO just released a new Solana memecoin, and while it was just a "test" for a new memecoin factory, it resulted in some crypto investors doubting whether the new token is real or just a product of "shilling."

International Business Times

Trump Crypto Sneakers Sell Out In Hours, Bitcoin Edition Listings Emerge On Ebay

Trump's new sneaker line is getting much love from crypto users, with one variation of his "crypto president" sneakers getting sold out just hours after it was launched.

Fortune

Who is Polymarket CEO Shayne Coplan? The 26-year-old’s crypto betting site is taking U.S. politics by storm

Polymarket has hired polling superstar Nate Silver and is now a must-read for politicos. But who is behind it, and what are its business plans?

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The Guardian - US

Maga hats, panties and the carnivore diet: my bizarre day at Trump’s Bitcoin 2024 speech

The ex-president and RFK Jr were among the stars of this year’s Bitcoin conference, where there was no line for the women’s bathroom

International Business Times

Paul Krugman Says Bitcoin Is 'Economically Useless,' Crypto Users Blast Nobel-Winning Economist

Bitcoin, the world's top digital asset by market cap, is down in recent days after it nearly reached $70,000 over the weekend, and a well-known skeptic has re-emerged, calling the digital coin "economically useless."

International Business Times

Bitcoin's Bailey Lays Out What Harris Can Do To Be Called 'Pro-Crypto'

David Bailey believes there are three key things Vice President Kamala Harris can do to be called "pro-crypto" by the crypto community, which has long been seeking recognition and support from political powers.

International Business Times

Binance Accounts For Half Of $120M 24-Hour Liquidations Amid Bitcoin Dip

Bitcoin was trading between $65,000 and $66,000 in the last day, and the red line appears to have affected crypto holders as liquidations in the past 24 hours reached nearly $120 million.

International Business Times

Did SEC Withdraw Securities Claim On Solana, Cardano, Polygon?

A new filing by the SEC in its case against Binance has led some in the crypto space to conclude that the regulator has back-pedaled in its claims that some altcoins are unregistered securities, but some experts said the development may have been misinterpreted.

International Business Times

Driving Youth's Blockchain Knowledge: Bitget Kicks Off Crypto Experience Month With Bondex

Bitget believes the new generation of blockchain leaders should be equipped with the right tools and knowledge, and as part of its Blockchain4Youth initiative, the crypto exchange announced Crypto Experience Month 2024 with Bondex.

The Conversation

Think you’re immune to crypto scams? You might be more at risk than you realise

Cryptocurrencies and other digital assets have enjoyed an astonishing rise into mainstream consciousness in recent years. Despite all the hype – perhaps partly because of it – investing in them can still expose us to serious risks.

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