Record $2.74 Billion Bitcoin Shorts Liquidated, Sparking

Bitcoin witnessed an unprecedented liquidation of $2.74 billion in shorts on August 19, as reported by the crypto commentary account @bitfinex. This event marks the first time in 11 months that more shorts are being closed out than longs on a two-week average. The implications for traders are significant, as this shift in sentiment may […]

Druckenmiller Blasts Treasury’s $4B Gambit as Bitcoin Bulls Circle

The U.S. Treasury is pushing back against punishing long-term government borrowing costs, dragging a decades-old yield control debate back onto Wall Street just as bitcoin’s price rallies and traders start asking how much pain Washington will tolerate before escalating its bond-market fight. Treasury Goes After the Long End Treasury Secretary Scott Bessent’s latest maneuver is […]

Privacy in Crypto: Inside Confidential Intents Launches

The upcoming episode of NEAR Protocol’s podcast, Inside Confidential Intents, will focus on the rising trend of privacy in the cryptocurrency market. Scheduled for August 26 at 9 AM ET, the episode will feature discussions led by experts from various companies, including Familiar Cow and Chadwick Strange. This conversation comes at a pivotal moment, as […]

-67.76% Plunge for DFI as Market Turbulence Hits Hard

The crypto market just witnessed a sharp move as DFI’s price plummeted 67.76% within the last hour, settling at a current price of $0.000505. This drastic decline underscores heightened volatility and investor reaction in the market. DFI’s rapid fall raises questions about its future performance, especially given the low trading volume accompanying this drop. Breaking […]

Chainalysis Launches Operation Lighthouse to Combat

Chainalysis has launched Operation Lighthouse, designed to disrupt crypto-enabled Child Sexual Abuse Material (CSAM) networks. This unprecedented initiative, a collaboration between law enforcement and the private sector, generated an impressive 14,300 investigative leads and identified over 7,700 suspect accounts across 125 countries. As reported on Chainalysis’s official tweet, this operation highlights the growing commitment to […]

Venmo Expands Stablecoin Access to 67M Users as PYUSD Gains

Venmo has announced that eligible users can now buy, sell, send, and use PYUSD, significantly expanding stablecoin access. This update is particularly notable as Venmo supports over 67 million monthly active users, making it a crucial player in the crypto space. The information was highlighted by popular CryptoTwitter commentator @arbitrum, suggesting that this could enhance […]

SECPakistan Opens Public Consultation on Venture Capital

The SEC Pakistan has officially opened public consultation for its draft Venture Capital (VC) Bill, which aims to create a regulatory framework for enhancing venture capital investments in the country. This new legislation proposes lighter licensing requirements, a simplified operational structure, and clear governance standards, encouraging local VC funds. Feedback is invited until September 9, […]