ByBit exchange halts operations in France
ByBit has been at odds with the Autorité des Marchés Financiers (AMF) since 2022 when the regulator blacklisted the exchange. Popular cryptocurrency exchange ByBit announced it is halting operations in…
Bitcoin long liquidations hit $300M as BTC price falls to $62K
A flash crash in Bitcoin price on shorter timeframes induces panic among leveraged long traders, but analysts believe it’s a short-term pullback. Bitcoin (BTC) fell over $1,600 in 60 minutes…
Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period. Jack Dorsey’s payment conglomerate Block Inc.…
North Carolina lower chamber overturns governor’s veto of CBDC ban
The bill received strong support in the General Assembly. Now, the state Senate will consider overturning the veto. There is still hope for the bill passed by the North Carolina…
Google’s new Gemini AI model dominates benchmarks, beats GPT-4o and Claude-3
This is the first time Google’s taken the top slot on the Chatbot Arena leaderboard. There’s a new top dog in the world of generative artificial intelligence benchmarks and its…
Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs
Bitcoin’s price continues to correct, but BTC options markets reflect traders’ interest in the $62,000 level. Bitcoin (BTC) price plunged 5.5% between July 31 and Aug. 1, reaching its lowest…
BlackRock’s tokenized BUIDL fund has paid $7M in dividends since March
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024. BlackRock's tokenized United States Dollar Institutional Digital Liquidity…
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