Author: Cointelegraph By Arijit Sarkar

Bitcoin Investing Made Simple!

Bitcoin miners record lowest daily revenue of 2024

Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges. Source link

India has no plans to regulate crypto sales and purchases

Despite tightening measures against money laundering and terror financing, India has no immediate plans to regulate cryptocurrency transactions. Source link

California county to regulate Bitcoin ATMs backed by state laws

Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency. Source link

India demands $86M from Binance in unpaid GST taxes

Binance faces a demand for nearly $86 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban. Source link

Bitcoin trading volume recorded post-halving ATH as crypto market bled

Bitcoin trading volumes reached unprecedented levels amid market turmoil, while crypto hackers capitalized on discounted Ether. Source link

Over $1B wiped out in crypto liquidations as global markets suffer

Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations. Source link

Bitcoin network difficulty breaks 3-month downtrend to mark new ATH

Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high. Source link

July crypto hacks total $266M, WazirX leads losses

July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers. Source link

Wisconsin unveils tracker to fight crypto fraud and investment scams

The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints. Source link

England’s Law Commission proposes new property category for crypto assets

The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets. Source link