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ZachXBT claims over 80% of Garden Finance’s fees are tied to crypto laundering, challenging the project’s decentralization narrative. Blockchain sleuth ZachXBT has accused Garden Finance, which brands itself as “the fastest Bitcoin bridge,” of facilitating the laundering of funds linked to major crypto thefts, including the Bybit hack. In a June 21 post on X,…
Nakamoto Holdings, led by Trump’s crypto adviser David Bailey, raises $51.5M in fresh capital to accelerate its Bitcoin acquisition strategy. Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey, has secured $51.5 million in fresh capital through a private placement in public equity (PIPE) deal, according to a statement…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Elon Musk’s X platform is eyeing a 2025 launch for its financial services arm. In South Korea, the top financial regulator will probe fees…
Bitget picks Georgia for its next step in Eastern Europe, attracted by clear regulations, tax benefits, and a growing crypto user base. Bitget has obtained regulatory approval in Georgia to operate as a digital asset exchange and custodial wallet provider within the Tbilisi Free Zone (TFZ). This move expands Bitget’s licensing presence in Eastern Europe,…
Binance founder Changpeng Zhao said crypto platforms must prepare for the inevitable by enabling users to pass on digital assets after they die. Binance founder and former CEO Changpeng “CZ” Zhao asked crypto platforms to adopt a “will function” to enable users to distribute their digital assets in the event of their death. “This is…
Chainalysis’s head of national security intelligence told Cointelegraph the curfew is likely an attempt to prevent people from transferring capital out of the country. The central bank of Iran has reportedly imposed strict operating hours on its domestic crypto exchanges following a $100 million exploit on Nobitex by a pro-Israel hacker group. In a blog…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, China’s central bank is establishing an international operations center to broaden the global reach of its digital yuan. In Iran, crypto exchange Nobitex was…
The Iranian crypto exchange’s wallets were exploited for at least $73 million as attackers used vanity addresses for the theft. Update, June 18, 8:01 am UTC: This article has been updated to include a section on Gonjeshke Darande. Iran-based cryptocurrency exchange Nobitex has been exploited for over $73 million of digital assets, according to onchain…
Bitcoin trades above $105,000 even as the threat of war looms in the Middle East. HYPE, BCH, AAVE and OKB could also catch a bid if BTC holds its current range. Key points: A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000. HYPE, BCH, AAVE, and…
Bitcoin holders are using crypto-backed loans to buy real estate without selling their BTC—avoiding capital gains taxes while staying exposed to upside. Bitcoin holders leverage crypto-backed loans to buy real estate without selling a single sat while sidestepping capital gains taxes. The emerging trend is gaining momentum among early crypto adopters, entrepreneurs, and high-net-worth individuals…