Author Archives: pdgweb

Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the restrictions. Read More at https://cointelegraph.com/news/russia-expands-crypto-mining-ban-moscow-2032?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident. Read More at https://cointelegraph.com/news/coldcard-bitcoin-loss-estimate-70-million-galaxy-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June. Read More at https://cointelegraph.com/markets/bitcoin-etfs-july-green-despite-late-month-selling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times. Read More at https://cointelegraph.com/news/bank-of-italy-study-no-stablecoin-remittance-cost-advantages?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly. Read More at https://cointelegraph.com/news/pump-fun-employees-fired-tokens-vest?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses. Read More at https://cointelegraph.com/news/ftx-users-funds-released-fifth-distribution-round?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector. Read More at https://cointelegraph.com/news/tether-q2-profit-us-treasury-holdings-usdt-supply?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending products. Read More at https://cointelegraph.com/news/bybit-tokenized-stocks-collateral-margin-loans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

TIPS data points to rising real yields, not inflation, a dynamic that weighs on non-yielding assets like Bitcoin. Read More at https://cointelegraph.com/markets/us-treasury-yields-rise-as-tips-challenge-the-inflation-narrative?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia. Read More at https://cointelegraph.com/markets/bitcoin-two-week-lows-us-stocks-fail-copy-asia-rebound?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound