Judge in SBF's criminal case proposes gag order, citing attempt to 'influence public opinion'

The federal judge overseeing the criminal case against former FTX CEO Sam Bankman-Fried (SBF) has proposed an order preventing all involved parties and their attorneys from largely contacting the media. In a July 24 letter filed with United States District Court for the Southern District of New York, Judge Lewis Kaplan drafted a proposed order that would prohibit anyone directly […]

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Ethereum Whale Transfers To Exchanges Suggest More Selling Pressure For ETH

Currently, the crypto market is under fire from bears, and coins like Ethereum (ETH) are already starting to feel the heat. Amid the struggle to recover, there have been massive inflows of ETH into centralized exchanges, which could spell further struggles for the digital asset going forward. Ethereum Whales Move Millions To Centralized Exchanges Multiple reports from the on-chain whale […]

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Binance Announces Listing Of Sam Altman's Worldcoin, Opens Deposits

Binance, the world’s largest cryptocurrency exchange, has now listed Worldcoin (WLD), the much-anticipated digital asset founded by Sam Altman, the CEO of OpenAI. This listing has garnered immense attention from the global crypto community, with investors eager to participate in this new venture. The listing, announced today at 12:00 will include trading pairs such as WLD/BTC, WLD/USDT, and WLD/USDC. Worldcoin […]

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Bitcoin Sharks Continue Accumulation, But Whales Stagnate

On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation. Bitcoin Sharks Have Continued To Go Up In Number Recently According to data from the on-chain analytics firm Santiment, the number of whales on the Bitcoin blockchain has observed a slight decline during the last couple of […]

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Worldcoin launch divides opinions — Crypto community has its say

The launch of the blockchain-based digital passport platform Worldcoin has polarized the cryptocurrency community, with people raising questions about its centralization, privacy and security. Worldcoin released its token, WLD, on July 24, with major exchanges such as Binance announcing support. The project consists of World ID, a privacy-preserving digital identity, and WLD, which users receive upon creating a wallet. To […]

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From rugs to riches: UK carpet retailer to adopt Bitcoin standard

An online carpet and flooring retailer based in the United Kingdom has bought Bitcoin (BTC) and put it on its balance sheet, following in the footsteps of Tesla, MicroStrategy and Real Bedford. Speaking to Cointelegraph, Paul Brewster, the CEO of Flooring Hut, explained: “We see it [Bitcoin] as an asset that has probably the best potential for growth of our […]

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XRP Price Analysis: Bull Flag Flashes As Whales Hit New High

Since the summary judgment in the Ripple vs SEC case, XRP has captured the spotlight in the crypto market. Now the fourth-largest crypto by market capitalization, XRP, is currently experiencing a consolidation trend. However, this could just be the calm before the storm as both the activity of large investors aka whales and a developing bull flag pattern suggest. XRP […]

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Korean banks research stablecoin, CBDC alternative

Several private banks in South Korea are studying the potential of tokenized deposit technology, an alternative to both private stablecoins and central bank digital currencies (CBDCs).  According to a report from Maeli Business News Korea, Hana Bank and Woori Bank — both private enterprises with headquarters in Seoul — showed interest in so-called “certificate of deposit” tokens (CDs). CDs are […]

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Bitcoin block 800,000 mined — What’s next?

The Bitcoin network has mined block 800,000, with just 40,000 left to mine before the network’s next mining reward halving. The 800,000th block contained 3721 transactions at 1.64 megabytes, with the price of Bitcoin (BTC) trading at $29,815 on July 24, as market researcher Dylan LeClair noted on Twitter: The milestone was widely shared across the social media platform on July […]

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