Euro stablecoin operations fall by 70% due to MiCA

A substantial drop in euro stablecoin trading volume characterizes the European Union (EU) market in the last three months. Exactly the period since the entry into force of the rules for stable currencies of the Regulation for the Cryptoasset Market (MiCA). As reflected the statistics From analysis firm Kaiko, the most pronounced effects have occurred … Read more

Trial begins against Leonardo Cositorto, leader of Generación ZOE

Leonardo Cositorto, accused of leading the Generación ZOE pyramid scheme, was presented this week before Regional Unit 8 of Goya, in the city of Corrientes, in Argentina, to be prosecuted. The process, which could last until December 11, marks a new chapter in one of the most high-profile cases of cryptocurrency scams in the region. … Read more

Bitcoin will reach USD 70,000 this month, according to expectations at Polymarket

According to the majority of bets on the Polymarket platform, bitcoin (BTC) will reach higher prices in the remainder of October. In an open call on the platform about what price bitcoin will reach in October, 62% of the money is bet on the $70,000 (USD). The value invested in this projection is almost USD … Read more

Bitcoin ETFs have already accumulated $20 billion since their launch

Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, accumulating $20 billion since their launch. According to the SosoValue datathe total accumulated net inflow is $20.19 billion as of the close of October 16. This is a milestone achieved in less than a year since the launch of these products, which was in January. The … Read more

You must revoke these contracts to protect your Binance wallet

Attackers exploited a vulnerability in a Radiant Capital smart contract. The affected networks were BNB Smart Chain and Arbitrum, L2 of Ethereum. Radiant Capital, a decentralized finance (DeFi) app, was attacked on October 16 by hackerswho managed to extract more than $50 million from the BNB Smart Chain (BSC) and Arbitrum (ARB) networks, Ethereum’s largest … Read more

The registration of bitcoin companies in Spain is progressing at a slow pace

So far, 128 cryptocurrency companies have authorization to operate in Spain. Several companies have expressed difficulties in adapting to MiCA. On January 1, the regulations to regulate cryptocurrency platforms operating in Spain will come into force. A series of rules that will be applied in the country, based on what is established in the Regulation … Read more

A bitcoin and gold ETF hit the market

This Wednesday, October 16, an exchange-traded fund (ETF) was launched in the United States that exposes investors to both bitcoin (BTC) and the price of gold. It is aboutl STKD Bitcoin & Gold ETF (BTGD)which is issued by Quantity Funds. As CriptoNoticias had reported at the time, the company has been carrying out the corresponding … Read more

These are the cryptocurrencies you can borrow on Binance

Binance added EigenLayer to its list of lendable assets, which already include BTC, ETH, USDT. These financial products require the payment of annual interest rates. Binance, the exchange largest cryptocurrency exchange in the world, today, October 16, 2024, added EigenLayer (EIGEN) to its very extensive list of crypto assets included in its Loans section (Loansin … Read more

Is Ethereum an old technology? Matt Hougan rejects this idea

“Ethereum is the Microsoft of blockchains,” says Hougan. The businessman anticipates a change in trend for ether ETFs in 2025. In a world where cryptocurrency networks like Solana, Sui or Aptos seem to steal the spotlight, Matt Hougan, chief investment officer at Bitwise, says there are those who insist that Ethereum, one of the oldest … Read more

PayPal cryptocurrency will be a great competitor for the giants USDT and USDC

The stablecoin market has increased during the third quarter of the year, especially that of one in particular: PayPal USD (PYUSD). During this period, the dominance of stablecoins in the cryptoasset market increased by 3%, representing almost 7% of the total. This was partly due to the dominance of the niche’s top two assets, tether … Read more