Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.
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Shanghai Man: Ready Player Cats DAO, surging NFT interest, court rules crypto is not property
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. After enforcing global KYC requirements for all users, Binance’s dominance in CeFi has slipped from about two-thirds to just over one half, according to…

Crypto Exchange Kraken Offers $100,000 Reward for QuadrigaCX’s Missing Funds
Cryptocurrency exchange Kraken has posted a $100,000 reward for the discovery of the major Canadian crypto exchange QuadrigaCX’s missing funds. Kraken announced the offer in a blog post on Feb. 28.QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten in December last year. Since then, Quadriga has not been able…

Judge orders BitMEX to pay $100M fine over US banking law violations
BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act.

Cryptocurrencies May ‘Upend the Digital World,’ Says Institutional Investor Consultancy
Crypto represents a sound investment for institutional investors in the long term, consultancy firm Cambridge Associates has advised, according to a Bloomberg report on Feb. 18.Boston-based Cambridge Associates, which specializes in pension and endowment consultancy, reportedly works with institutions that collectively advise over $300 billion, with $30 million under management. In a research note published…

Binance Charity and Integro Foundation raise $1 million for PPEs
More donations can be expected. 1622 Total views 18 Total shares Binance Charity and Integro Foundation raised $1 million to donate personal protective equipment to frontline workers.A total of 500,000 KN-95 masks will be distributed to workers in the Brazilian Amazon, Argentina, Chile, Mexico, Venezuela, Peru, Ghana, Nigeria, South Africa, Bermuda, Barbados, St. Lucia, Haiti,…

Two Thieves Caught on Tape Stealing Bitcoin ATM in the US
A Bitcoin (BTC) automatic teller machine (ATM) has allegedly been stolen in the United States with the theft caught on tape. Bitcoin ATM theft in the U.S.A Bitcoin ATM has reportedly been stolen by two alleged thieves in a mall situated in Washington DC on Aug. 3, according to a report published by Finnish news outlet…

Binance co-founder clarifies asset listing policies, dispels FUD
According to Binance, 98% of applications sent to the exchange for new token listings never receive a reply from the company.

Crypto mixers’ relevance wanes as regulators take aim
Cryptocurrency mixers have been an interesting topic of discussion ever since the advent of cryptocurrencies and their adoption by retail investors around the world. Cryptocurrency mixers are services that essentially focus on one feature of a blockchain network: privacy. Cryptocurrency mixers, also known as tumblers, provide anonymity so no one can trace the sender or receiver of…