Coinatory

SEC Chair Atkins Cites 'Huge Benefits' for Crypto at Third Agency Roundtable In one of his first public engagements since assuming leadership of the U.S. Securities and Exchange Commission (SEC), Chair Paul Atkins emphasized the transformative potential of blockchain technology during the agency’s third cryptocurrency roundtable. Sworn in on April 21, Atkins addressed participants at the "Know Your Custodian" event on April 25, signaling a pivotal shift in the SEC’s approach to digital asset regulation. Atkins articul... cryptocurrency news today

Crypto ETPs See $240M in Outflows Amid US Trade Tariff Concerns Cryptocurrency exchange-traded products (ETPs) recorded substantial investor withdrawals last week, with $240 million in capital pulled, according to digital asset manager CoinShares. The pullback ends a two-week streak of inflows totaling $870 million and reduces total digital asset ETP holdings to approximately $133 billion. The decline in flows appears to reflect investor caution following the imposition of global trade tariffs by the Unit... Coinatory

Monad Testnet Guide: Complete Quests on Superboard Monad is a next-generation Layer 1 blockchain designed to handle up to 10,000 transactions per second, featuring one-second block times and single-slot finality. With full support for the Ethereum Virtual Machine (EVM), developers can easily migrate their existing Ethereum apps and smart contracts without needing to make any changes. The project has launched quests on the Superboard platform. By completing these quests, we can actively e... Coinatory news

Mystery Whale Moves $417M Ethereum to Aave on Christmas An incredible 125,000 ETH, worth $417 million, was transferred into Aave, a prominent decentralized finance (DeFi) platform, on December 25 by a crypto whale associated with the exchange HTX. Aave has acquired popularity because of its flash loans, overcollateralized loans, and recent technology advancements. It is well-known for facilitating lending and borrowing across 13 blockchain networks. Lucas Outumuro, Head of Research at Intotheblock.... cryptocurrency news Coinatory

Euro-Backed Stablecoins Flourish Post-MiCA, Hit €800M Monthly Volume In 2024, the Markets in Crypto-Assets Regulation (MiCA) propelled the acceptance of euro-backed stablecoins to previously unheard-of heights. These stablecoins have become essential tools in the European cryptocurrency market as investor trust has increased due to legal certainty; in November, monthly trading volumes reached almost €800 million. Important Growth Drivers The dramatic increase can be ascribed to the growing popularity of Banking ... cryptonews

182 Million XRP Transferred as Price Surges 21% Whale Alert, a blockchain monitoring software, has identified a number of noteworthy XRP transactions, including the transfer of about 183 million tokens in less than a day. These changes, which are worth about $411.1 million, occur at the same time that XRP's price has significantly recovered after a recent decline by more than 21%. XRP Transfers Are Predominately Anonymous Whale Activity Three significant XRP transactions were detected by Wha... crypto news

Morocco Advances Toward Legal Framework for Crypto Assets Abdellatif Jouahri, governor of Bank Al-Maghrib (BAM), Morocco's central bank, indicated that the government is getting close to adopting a legislative framework to control cryptocurrency assets. This regulatory milestone seeks to reduce the risks connected with cryptocurrency while promoting financial innovation. Jouahri stressed that the framework is in line with G20 recommendations and represents a balanced strategy that combines innovation... Coinatory cryptonews

Grayscale Launches Bittensor Fund for High-Net-Worth Investors The world's top digital asset management company, Grayscale Investments, has introduced the Grayscale Bittensor Trust, a new investment vehicle designed to give wealthy clients security exposure to Bittensor (TAO). By removing the hassle of physically buying, storing, and protecting TAO, this fund streamlines the process for investors. Trust represents one of the first securities to invest solely in this decentralized machine learning protocol... crypto news

Why Hong Kong is Emerging as a Global Crypto Hub At the forefront of cryptocurrency innovation, Hong Kong has quickly risen to the level of major financial hubs such as Singapore and the United Arab Emirates (UAE). The distinctive legal framework and Hong Kong's designation as a special economic region are the main drivers of this expansion, according to Ivan Ivanov, Global CEO of WOW Summit. An Advantage in Strategy Ivanov emphasized that Hong Kong is a thriving hub for financial and technic... Coinatory crypto news

Kraken Launches Bermuda-Based Crypto Derivatives Platform Kraken, a leading global cryptocurrency exchange, has officially expanded its offshore operations by launching a new derivatives trading platform in Bermuda. The venue, licensed by the Bermuda Monetary Authority (BMA), allows Kraken to offer a diverse range of crypto derivatives, including perpetual and fixed-maturity futures, utilizing fiat currencies and over 30 cryptocurrencies as collateral. This strategic move follows increased regulator... cryptocurrency news

Despite all the perception that crypto-atheists, naysayers and some movie-makers have, and spur, about crypto technology being a laundering nightmare, the truth is still tucked well inside some grey pile somewhere. So the movie is out. People in the crypto community have run out of eggs and tomatoes. People who are still catching up on what the word even means are trying to make up their minds. But despite all the polarizing reactions the Kurt Russell starrer ‘Crypto’ minted, its plot (that was all about the use of cryptocurrencies by a clandestine network for primarily laundering money) should make us think about the big issue in a way that is neither black or white, neither blue nor pink – which is, by neither dissing crypt ... Read more about " Crypto-laundering – Not a Washing Machine. Yet " on coinatory.com

The data shows that only a small number of coins and tokens have any significant user base. We know that bitcoin has a large and reliable user base - it"s true, people who really HODL it or use it, keep it in their own crypto wallets and make real transactions, instead of just trading on stock exchanges. You can quite easily find this information with the help of a blockchain. The same is with Ether. People keep it and carry out transactions, and also develop real applications with the help of its smart contracts. But is it possible to ... Read more about " What coins have users? " on coinatory.com

Commercial objects located in the busy central district of Beijing received a ban on cooperation with cryptocurrency companies. This caused a lot of rumors about whether the Chinese government intends to tighten the rules for the regulation of the cryptocurrency, given that the industry continues to flourish, despite the bans on trade last year. According to the report, local authorities in the Chaoyang District in Beijing issued an order dated August 17 and warned businesses, office buildings, hotels and shopping centers that they ... Read more about " China: another restrictions for crypto-related companies " on coinatory.com

Chinese technical conglomerate Tencent denies its involvement in investing in the preliminary stage of the IPO of Bitmain Technologies, the world"s largest manufacturer of cryptocurrency mining equipment. What happened? August 10, both the cryptocurrency and mainstream media reported that Tencent and the Japanese conglomerate Softbank Group closed the round of Bitmain financing by $ 1 billion, in the run-up to the company"s IPO by $ 15 billion. This will be one of the largest IPOs in history, and therefore not surprisingly, that Bitmain is ... Read more about " Tencent denies participation in Bitmain pre-IPO " on coinatory.com

Contrary to the statements of Bitcoin Cash supporters who promised to create a better version of bitcoin, which will be popular as a payment tool, the cryptocurrency is barely used in commercial transactions. This is written by Bloomberg referring to the analysis of the Chainalysis company. A study of 17 major processing services, such as BitPay, Coinify, and GoCoin, showed that the volume of payments using Bitcoin Cash fell to $ 3.7 million in May after reaching a peak at $ 10.5 million in March. With the help of bitcoin in May, payments ... Read more about " Bitcoin Cash is rarely used " on coinatory.com

Xi"an, Aug. 19 - Police in Xi"an City, the administrative center of Shaanxi Province in northwest China, arrested three suspected of stealing cryptocurrency in the amount of about 600 million yuan (about $ 87 million). In March of this year, a man turned to the Xi"an police, who reported that hackers had illegally penetrated his computer and stole from him cryptocurrency (bitcoins and ether) for 100 million yuan. An investigation was launched, during which the police found that the suspects remotely hacked accounts with ... Read more about " Chinese police arrested the suspects in the theft of the cryptocurrency for 600 million yuan " on coinatory.com

On the Hong Kong crypto exchange, OKEx is an event that in many media has already been dubbed as "the day of judgment for the Altcoins." What"s going on? The thing is that the management of the crypto exchange has announced the removal from the lists, as well as the freezing of some pairs on its trading platform. In total, about two dozen Altcoins fell under the punishing hand. Many associate this with fairly frequent problems within the crypto exchange platform itself, as well as the habit of developers to carry out chaotic changes, as a ... Read more about " Judgment Day for Altcoins " on coinatory.com

Mining was called "new oil" in Kazakhstan and they want to strongly encourage the mining of cryptocurrency. This was told by the vice-president of the Association of the blockchain and the cryptocurrency of Kazakhstan Leonid Muraviev. The official explained that mining, the rise in the price of bitcoin and, of the cryptocurrencies in general, can positively affect the economic development of the country. The potential of Kazakhstan allows providing electricity to about half of all miners that mine cryptocurrency in different countries ... Read more about " Mining in Kazakhstan will be encouraged " on coinatory.com

The company claims that changing the name is more than just a rebranding exercise, suggesting that the wallet will evolve over time to offer more functionality than existing cryptographic wallets and serve as a "gateway" for a decentralized network and an "open financial system", as well as "creating an effort to invest in products" that will shape the future of a decentralized network. Siddharth Coelho-Prabhu, product manager for Toshi, commenting on the development, said that the application will soon be "improved to Coinbase Wallet," ... Read more about " Toshi Wallet is now called Coinbase Wallet " on coinatory.com

According to the founder of Ethereum, the way to develop a cryptocurrency is to allow users to easily pay for purchases with digital money Governments should regulate the cryptocurrency market in such a way that users can easily pay with digital money with a card, says Ethereum creator Vitalik Buterin. He believes that it is necessary to simplify the use of new financial assets, only this can bring maximum benefit, writes Forbes. "I want to be able to walk into a convenience store, get a card, pay $5 and get $5, minus some small fee of like ... Read more about " Vitalik Buterin: I want to go to the store and pay with Bitcoin Cash " on coinatory.com