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Weekly Crypto Wrap: 25th July 2024

Weekly Crypto Wrap: 25th July 2024

ETH ETFs have been approved by the US SEC, with trading volume hitting US$1.08 billion. BlackRock's Bitcoin ETF inflows surpassed those of the 'Mag 7' stocks, as total US Bitcoin spot ETFs reached a record US$17 billion in net inflows.

Safeguarding against cyber scams.

Recognising cyber scam indicators is crucial today. Scammers use channels like email and social media to deceive individuals and steal information. Vigilance and verifying communications through trusted sources are essential to protect against these threats and safeguard personal information online.

Render Network migration

The Render Network Foundation is facilitating a technical architecture update from the Ethereum-based RNDR (ERC-20) token to the Solana-based RENDER (SPL) token.

Weekly Crypto Wrap: 18th July 2024

Crypto market rebounds with Bitcoin hitting US$65,000, defying German and Mt. Gox sell offs. SEC grants preliminary approval for ETH ETFs. BlackRock's AUM hits US$10.6T record. Australian inflation expectations dip to 4.3%.

AI-powered crypto scams: the next generation of fraud.

As cryptocurrency evolves, so do scams. Elliptic reports a rise in AI-powered crypto scams using deepfakes, scam tokens, phishing sites, and disinformation. Vigilance is crucial: verify authenticity, avoid suspicious links, and use strong security measures to stay protected.

Enhanced reporting with Crypto Tax Calculator

BTC Markets has once again partnered with Crypto Tax Calculator (CTC) to offer our clients an all-inclusive solution for crypto tax reporting. CTC is an Australian-made crypto tax software offering an all-in-one solution.

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