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June 2024

SEC chair Gensler cautions crypto exchanges on enforcement

SEC Chairman Gary Gensler warns that crypto exchanges are still liable for enforcement actions despite making risk disclosures to investors.

Ethereum’s Buterin denounces celebrity memecoins, urges purposeful innovation

Ethereum’s Buterin criticizes superficial celebrity crypto trends, advocating for impactful, long-term projects.

Polygon’s Moon Girl NFTs top daily sales chart with over US$1.36 million

Moon Girl NFT collection tops daily sales to help Polygon beat Solana.

Historic Stradivarius violin backs US$9 mln NFT loan by Galaxy Digital

Galaxy Digital issues a multimillion-dollar loan with a tokenized 1708 Stradivarius as collateral.

Binance to limit certain stablecoins to comply with EU crypto rules

Binance to limit non-compliant stablecoins under EU’s MiCA regulation.

Dapper Labs settles NBA Top Shot NFT lawsuit for US$4 mln

Blockchain firm Dapper Labs resolves a legal dispute over NBA Top Shot NFTs with a $4 million settlement.

NodeMonkes leads NFT sales with over US$1 million in a day

NodeMonkes NFT collection tops daily sales, outperforming others on the market.

May NFT sales post worst performance since October

NFT sales slump in May as major blockchains have worst month of the year.

May 2024

Immutable’s Guild of Guardians knocks off NodeMonkes from top daily NFT sales spot

The NFT market sees a surge led by Guild of Guardians, with other collections showing significant daily changes.

NodeMonkes leads NFT sales for second time this week

NodeMonkes tops daily NFT market with almost US$1 million in sales.

SEC to reimburse US$1.8 mln after failed crypto lawsuit

Judge orders SEC to pay legal fees in dismissed DEBT Box case.

PayPal’s PYUSD stablecoin lands on Solana

PayPal’s PYUSD stablecoin is now available on Solana, promising faster and more cost-effective transactions.

Ripple adds US$25 mln for crypto-friendly PAC

Ripple’s $50 million contribution to Fairshake PAC aims to sway 2024 U.S. elections towards crypto-friendly candidates.

Game NFTs rank in the top 3 for daily sales; Fantasy Top leads with US$831K

The Fantasy Top collection outperformed others in daily NFT sales, signaling a robust market interest.

Bitcoin cracks US$70,000, Ethereum nears US$4,000; JENNER, PEPE and memecoins drive markets

Ethereum’s price surge signals market optimism and hints at growth potential.

JPMorgan questions SEC’s crypto ETF expansion plans: The Block

JPMorgan casts doubt on the likelihood of further SEC approvals for crypto ETFs after Ethereum ETF nod.

House passes bill to limit Fed’s CBDC authority

US House mandates congressional approval for Fed’s digital dollar issuance.

Game NFTs rise as Guild of Guardians Avatars, DMarket and Fantasy Top lead sales

Guild of Guardians avatars see a significant increase in daily sales, topping the NFT market.

Coinbase resumes XRP trading in New York

New York residents regain access to XRP on Coinbase

SEC approves Ether ETFs

SEC officially approves Spot Ethereum ETFs months after Bitcoin.

Fantasy Top rebounds above US$1 mln to lead daily NFT sales

NFT market sees Fantasy Top collection top daily sales, Ethereum blockchain dominates transactions.

Crypto engagement dropped to 7% among US adults in 2023, Fed finds

Fed survey shows a decline in US adult crypto usage to 7% in 2023, with only 1% using it for transactions.

House members urge SEC to approve Ethereum ETFs

Bipartisan lawmakers call on SEC for consistent crypto ETF standards as decision looms.

House passes crypto regulation bill, eyes Senate approval

US House greenlights major crypto bill, setting stage for Senate debate.

Tech giants team up against online dating scams

Major tech companies form a coalition to tackle the surge romance and crypto scams.

SEC’s Gensler criticizes crypto regulation bill ahead of vote

SEC Chair Gary Gensler has expressed strong opposition to the FIT21 Act, a bill set to regulate digital assets, citing concerns over investor protection.

Milady Maker leads daily NFT sales, CryptoPunks records 5 transactions despite backlash

Milady Maker tops daily NFT sales, Ethereum blockchain sees significant activity.

Fidelity adjusts Ethereum ETF plan, excludes staking rewards

Fidelity’s updated ETF filing drops staking options amid regulatory concerns, impacting the crypto investment landscape.

CryptoPunks face backlash while DMarket leads NFT sales

Ethereum’s NFT market sees a significant daily increase, outperforming other blockchains with a notable rise in sales volume.

Ethereum ETF approval likelihood increases with SEC’s positive signals

Ether’s value surges as analysts suspect SEC may be leaning to ETF approvals.

Alleged owner of Incognito drug market arrested

23-year-old Rui-Siang Lin could face life in prison for running a $100M dark web drug market

Grayscale Investments names Peter Mintzberg as CEO

One of the world’s largest digital currency asset management company has changed CEOs.

Fantasy Top leads daily NFT sales with US$1.8 million

NFT market sees Fantasy Top collection top daily sales, Ethereum blockchain dominates.

XRP Ledger doubles transactions in Q1 amid SEC case

XRP Ledger sees a 108% transaction surge in Q1 2024, despite SEC legal woes.

Hong Kong trials digital yuan for retail and cross-border payments

Hong Kong tests China’s digital yuan, enabling transactions and expanding its global use.

USDC issuer Circle plans US move ahead of IPO

Circle Internet Financial Ltd. is relocating its headquarters to the U.S. in preparation for a potential IPO.

Bitcoin rises as inflation eases

Bitcoin’s value climbs after April CPI data suggests a slowdown in inflation, potentially influencing Federal Reserve interest rate decisions.

Tornado Cash crypto mixer developer gets 64 months in prison

Dutch court convicts Tornado Cash creator for aiding in crypto crimes.

Coinbase outage hampers Bitcoin trading amid price swings

Crypto exchange Coinbase suffers a major outage, affecting traders during Bitcoin volatility.

PEPE hits record high as Gamestop meme trading returns

The value of PEPE cryptocurrency soars as Roaring Kitty returns to put GME back on the meme trading map.

Bitcoin Runes etching revenue plummets for miners

Runes etching on Bitcoin network drops drastically, affecting miners’ income.

DMarket tops NFT charts but loses three-day streak above US$900,000

DMarket tops daily NFT sales despite recording less sales than the previous day.

OKX launches crypto trading in Australia

Global crypto exchange OKX begins offering trading services in Australia, including spot and derivatives.

CryptoPunks leads daily NFT sales with over US$1.39 million

CryptoPunks tops daily NFT sales, Ethereum blockchain sees significant activity, and DMarket maintains strong buyer engagement.

NodeMonkes leads NFT sales with US$876K in a day, CryptoPunks drops off top 10

NodeMonkes snatches the top spot from CryptoPunks, ending a two-day streak of leading the market.

CryptoPunks leads NFT sales for the second straight day

The iconic CryptoPunks collection tops daily NFT sales, but this isn’t enough to keep Ethereum above Bitcoin.

Chainalysis sets up Dubai HQ, bolsters UAE’s crypto ambitions

Blockchain analytics firm Chainalysis has launched its regional headquarters in Dubai, advancing the UAE’s goal to be a top cryptocurrency hub.

FTX outlines plan to repay creditors in full with interest

FTX Trading Ltd. proposes a strategy to settle over US$14 billion in debts, aiming to fully compensate creditors.

CryptoPunks, BAYC lead NFT daily sales, put Ethereum on top

CryptoPunks collection outperformed other NFTs in daily sales, as Ethereum led all blockchains.

DMarket opens week as top NFT in daily sales

DMarket tops daily NFT sales with over US$842,000.

Binance CEO calls for release of executives detained in Nigeria

Binance CEO demands freedom for compliance officer held on illegal transaction charges in Nigeria.

Robinhood to challenge SEC’s notice over crypto operations

Robinhood’s digital assets division becomes the SEC’s latest legal opponent.

Crypto investment hits US$1.02 bln in April

April’s crypto funding surge reflects investor confidence, with $1.02 billion invested in blockchain ventures.

Bitcoin network surpasses 1 billion transactions

Bitcoin marks a historic achievement with over one billion transactions since 2009.

US job growth slows as Bitcoin price soars past $62,000

April sees a slight rise in US unemployment to 3.9% as Bitcoin’s value rebounds.

NodeMonkes becomes all-time Bitcoin NFT leader, tops daily sales with US$1.62 million

NodeMonkes tops the daily NFT market with significant sales, outperforming other collections.

Tether nets US$4.52 bln Q1 profit from investments

Stablecoin leader Tether’s Q1 earnings soar to $4.52 billion, buoyed by US Treasury and Bitcoin.

Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

April was the worst month for NFT sales in 2024 so far, but it’s still up 56% year-over-year.

MicroStrategy unveils Bitcoin digital ID solution

MicroStrategy launches a new Bitcoin-based digital identity platform to enhance online security and trust.

Bitcoin slides, Fed keeps interest rates steady

Bitcoin dropped to as low as US$56,600 as Fed holds interest rates.

Azuki NFT sales soar to over US$1.1 million in a day

Azuki leads with a significant sales spike, outperforming other NFT collections in daily transactions.

Bitcoin ‘Jesus’ arrested for US$50 mln tax fraud

Cryptocurrency figure Roger Ver faces extradition to the U.S. on tax evasion and fraud charges.

Binance ex-CEO Changpeng Zhao sentenced for money laundering

Changpeng Zhao receives a 4-month prison term and a $50 million fine for laundering violations.

April 2024

North Korean hackers laundered US$200 mln in stolen crypto, says blockchain sleuth

Lazarus Group’s crypto laundering operation exposed by on-chain investigator.

Crypto wallets exit US amid regulatory pressure

Wasabi and Phoenix wallets halt US services due to increasing regulatory scrutiny.

Samourai Wallet co-founder posts US$1 mln bond in laundering case

Keonne Rodriguez, co-founder of Samourai Wallet, was released on bond after denying money laundering charges.

Hong Kong debuts Bitcoin and Ethereum ETFs

Hong Kong’s first spot Bitcoin ETFs rise on first trading day as Ether ETFs drop.

SEC has been investigating Ether’s security status since 2018: report

Consensys lawsuit unveils SEC’s internal suspicion of Ethereum as a security, challenging prior CFTC commodity designation.

Australia set to debut spot Bitcoin ETFs: report

Australia’s financial sector is on the verge of launching spot Bitcoin ETF.

Stripe reopens crypto payments with USDC focus

Stripe reenters the crypto market, enabling stablecoin transactions for merchants.

CryptoPunks leads NFT sales with over US$12 million

The iconic CryptoPunks collection outperformed others in daily NFT sales.

Ethereum tops NFT market, ends 20-day sales slump under US$10 mln

Ethereum tops daily NFT market with significant sales, outperforming Bitcoin and Solana.