Crypto News
Crypto Wallet Exodus to End Support for the Privacy Coin Monero (XMR) on August 10, 2025
Earlier this month, cryptocurrency wallet Exodus announced it will end support for the privacy coin monero ( XMR) on August 10, 2025. After this date, users will no longer be able to send, receive, or view their XMR balances within the Exodus wallet. However, Exodus reminds users that as a self-custody wallet, they retain controlSource link
SIGN Rises 60% on Upbit Listing Despite Slow Start on Binance
SIGN, the token linked to its namesake's multi-chain identity protocol, rose by 60% on Tuesday after being listed on Korean exchange Upbit.The listing follows the token's release on Binance, where it became the first project to be selected by the Binance Alpha campaign.Trading was initially muted on Binance as it traded between $0.06 and $0.08. The Upbit listing boosted prices to $0.129 before receding to $0.11.Trading volume also increased from $402 million in the 24-hour period prior to Upbit's listing announcement to $898 million, indicating notable interest among Korean traders.The move follows a wider trend related to Korean exchange listings, earlier this month filecoin (FIL) rose by 30% following an Upbit listing alongside a similar rise in trading volume.Source link...
Court Bars OFAC From Reinstating Tornado Cash Sanctions
The Treasury can't just quietly delist Tornado Cash and sanction it later on when the smoke clears, a Texas judge ruled.Source link
BlackRock’s IBIT Sees Second-Largest Bitcoin Inflow Since Launch, Nearing $1 Billion
The BlackRock iShares Bitcoin (BTC) Trust ETF (IBIT) saw $970.9 million in inflows, marking its second-largest net inflow since launching in January 2024, according to Farside data. Monday accounted for $591.2 million in new capital, which saw heavy outflows from competitors: Fidelity’s FBTC lost $86.9 million, Bitwise’s BITB dropped $21.1 million, and ARK’s ARKB saw $226.3 million in outflows.The rise comes alongside a 7.2% rise in BTC over the past seven days with it now trading at $94,900.Since April 22, IBIT has amassed over $4.5 billion in net inflows, bucking the market trend.Industry experts have taken note. Nate Geraci, President of The ETF Store, remarked:"Nearly $1 billion into iShares Bitcoin ETF today... Second-largest inflow since January 2024 inception. I still...
‘Use It or Lose It’: Australian Watchdog Cracks Down on Dormant Crypto Exchanges
AUSTRAC has urged inactive crypto businesses to deregister or risk cancellation as it seeks to protect consumers and block criminal misuse.Source link