Bitget has begun withdrawing services for residents of Japan, stopping new account registrations immediately and setting a timeline that will lead to mandatory account restrictions later this year. Summary Bitget has stopped new registrations from Japan and will begin restricting resident accounts from Nov. 1. Users who believe they were wrongly classified as Japan residents
The company has made two new strategic investments, aiming to bring regulated fund issuance, settlement, and collateral mobility onto the XRP Ledger. Ripple has expanded its digital capital markets strategy. The company announced today investments in Zilo and Lucuido – two firms that are focused on developing infrastructure for tokenized funds and institutional asset
The Smarter Web Company has increased its Bitcoin treasury by acquiring another 11.89 BTC, taking its total holdings to 2,712 BTC. Summary The Smarter Web Company has purchased another 11.89 Bitcoin, increasing its treasury to 2,712 BTC. The latest acquisition has moved the UK listed firm to 28th place in the BitcoinTreasuries corporate Bitcoin rankings.
ETH ended July in the green but it’s still 60% away from its ATH. At the same time, the network is performing a lot better. On-chain data shows that the Ethereum blockchain has developed a lot in the past few years, currently processing more activity than ever before. At the same time, the underlying
PayPal reported its second-quarter results on July 28, saying total payment volume reached $486.4 billion for the three months ended June 30. Summary PayPal processed $486.4 billion in second-quarter payment volume, rising 10% from the prior year period. The company created Payment Services & Crypto, grouping PYUSD with Braintree and merchant processing operations. PYUSD supply
One of the developments already took place, but the impact was rather muted, for now. Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh economic indicators all capable of influencing investor sentiment. The cryptocurrency market is in a fragile
Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor. Summary 28 signaling blocks appeared among 1,108, leaving BIP-110 at 2.53% support as of Aug. 2. Saylor said all 24 initial
PayPal processed a record $486.4 billion in payments during the second quarter and created a dedicated crypto division as it expands its digital asset strategy. PayPal has reported $486.4 billion in total payment volume for the second quarter on July 28, up 10% year over year. It also confirmed a reorganization that hands crypto
Bloomberg Intelligence senior ETF analyst Eric Balchunas said on Aug. 2 that the Coldcard security failure strengthens the case for U.S. spot Bitcoin ETFs, especially for investors who want long-term price exposure without managing private keys. Summary Galaxy traced 1,367.05 BTC across 4,585 addresses, valuing observed Coldcard losses near $88.6 million total. Balchunas argued institutional
Ripple Director of Engineering Vijay Khanna urged XRP Ledger node operators on Aug. 2 to install xrpld version 3.2.1 after developers observed a validator manifest flood on July 31. Summary July 31 manifest flooding prompted xrpld 3.2.1 while XRP Ledger continued closing ledgers normally throughout. Four safeguards now cap manifest size, message batches, outbound sharing