. SEC Closes Investigation into Hiro Blockchain The US Securities and Exchange Commission (SEC) has concluded its investigation into Hiro Systems PBC, deciding not to recommend enforcement actions against the company. This development is seen as a positive step for the regulatory environment around blockchain technology [❞].
2. Bitcoin Price Targets and Market Sentiment Bitcoin price is challenging crucial support levels for its bull run. Analysts warn of possible declines to $50,000, although strong macroeconomic conditions could support a recovery. Meanwhile, the Crypto Fear and Greed Index shows that sentiment has changed from “extreme fear” to close to “extreme greed” in just one week [❞] [❞].
3. Mt. Gox Begins Repaying Creditors The collapsed Mt. Gox exchange has begun repaying creditors in Bitcoin and Bitcoin Cash, marking a significant step in one of the most infamous events in cryptocurrency history. This development could influence market dynamics as large amounts of Bitcoin are released to former creditors [❞].
4. Binance Anniversary Binance celebrates its seventh anniversary, with 200 million users. This milestone is seen as significant progress towards reaching one billion Web3 users, highlighting the growth and adoption of cryptocurrency platforms globally [❞].
5. Cyberattack on WazirX Indian cryptocurrency exchange WazirX has filed a police complaint and is taking legal action after a cyberattack that resulted in a loss of over $230 million. The exchange is collaborating with global partners and authorities to track and recover stolen funds, underscoring the ongoing security challenges in the crypto space [❞]
6. Bitcoin ATM Network Shrinks The global Bitcoin ATM network has decreased by 334 machines in the last 40 days, with significant reductions in the US and Europe. This trend could reflect broader market adjustments and regulatory pressures [❞].
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