Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt ‘Full HODL’ Strategy

The miner holds over 20,000 bitcoin and plans to buy more in the open market.Source

First Mover Americas: Bitcoin Slides After Wednesday’s Tech Rout

The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs

Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.Source

Coinbase’s CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.Source

Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens

China’s back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation’s flagging economy.Source

Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains

Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.Source

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto

India has seen as many as 92 cases since 2020 till April 2024 involving dark net and cryptocurrencies to purchase drugs, the nation’s junior Home Minister Nityanand Rai said to parliament on Wednesday.Source

Crypto-Friendly Revolut Finally Earns UK Banking License

Revolut has entered a “mobilization stage”, designed for new banks to operate with restrictions.Source

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

Renewed expansion in stablecoins is bullish for the broader crypto market.Source