TLDR Aptos launched a new keyless wallet called Aptos Connect that uses ZK-proofs to verify user identities Users can log in with their Google ID without needing hardware security modules, passkeys, or multiparty computation networks The wallet aims to simplify Web3 onboarding by allowing one-click account creation with familiar Web2 logins It uses OpenID Connect…
TLDR Coinbase is seeking access to SEC Chair Gary Gensler’s personal communications about crypto regulation The exchange argues these communications are crucial for its defense in the ongoing lawsuit with the SEC Coinbase claims Gensler’s views, both before and during his tenure as SEC Chair, are relevant to the case The SEC is attempting to…
One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new cryptocurrency exchange platform called Electrocoin Trade, providing services for natural and legal clients in the EU. The platform includes two core services – cryptocurrency exchange and trading service without prior registration to the platform, and cryptocurrency exchange and trading service…
TLDR Bitcoin price dropped below $55,000, reaching a 4-month low Mt. Gox began distributing approximately $9 billion in Bitcoin to creditors Multiple factors contributed to the price drop, including ETF outflows and high interest rates The crypto market saw nearly $700 million in liquidations Bitcoin whales have been selling, with over 30,000 BTC sold in…
Hit with severe sanctions, Russia is exploring stablecoins as an escape route from financial isolation. Being cut off from SWIFT makes it much more difficult for Russian companies and banks to conduct international financial transactions. Russian authorities are discussing the possibility of legalizing stablecoins for international settlements, according to a recent local media report. What…
Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during the first two weeks. The app also announced that it would yield additional bonuses until the…
Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024. It also bagged Finder’s best-advanced trading and crypto trading – extra features. Meanwhile, Wemoney named Kraken the best platform for casual investors and excellent rates and fees. Kraken also received honorable mentions in other categories, including…
The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer reports received in the first half of 2024 pertained to these scams, reflecting a 44% increase from the same…
TL;DR Bitcoin fell below $55,000, now at $54,200, potentially influenced by several elements. The market crash led to $670 million in liquidations, with the largest liquidated order happening on crypto exchange Binance. The primary cryptocurrency continues its freefall, dipping under the $54,000 mark today (July 5). Currently, it trades at around $54,200 (per CoinGecko’s data),…
Bitcoin’s price continues bleeding out. The cryptocurrency is now down almost 12% over the past week, losing 7.5% of that in the past 24 hours alone. As seen in the chart, the bulls have been able to find no relief during the past couple of days, which saw BTC drop to a low of around…