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News

BitKE
bitcoinke.io > 2026 > 07 > india-shuts-down-bitchat

REGULATION | India Orders Github Takedown of Jack Dorsey’s Bitchat Following Protests

2+ hour, 11+ min ago   (206+ words) India’s top cybercrime agency has ordered GitHub to remove repositories hosting Bitchat, the offline messaging application developed by Block CEO and Bitcoin advocate, Jack Dorsey, amid concerns the app could be used to evade government surveillance during internet shutdowns. The…...

BitKE
bitcoinke.io > 2026 > 07 > bitmart-shutdown

REALITY CHECK | BitMart, Once a Top Altcoin Exchange, to Shut Down After Nearly a Decade

3+ hour, 11+ min ago   (253+ words) The company cited a review of its operating conditions, market environment and future strategic direction but did not provide further details. Crypto exchange BitMart, one of the industry’s best-known platforms for listing emerging altcoins, will wind down its trading operations…...

BitKE
bitcoinke.io > 2026 > 07 > bpi-to-pilot-stablecoins

STABLECOINS | Philippines Oldest Bank to Pilot Stablecoin Rail for Cross-Border Payments

1+ day, 21+ hour ago   (233+ words) Bank of the Philippine Islands (BPI), the Philippines’ oldest and one of its largest banks, plans to pilot a stablecoin-based settlement system aimed at making cross-border payments faster and cheaper for freelancers, virtual assistants, and other workers receiving overseas income,…...

BitKE
bitcoinke.io > 2026 > 07 > the-memecoins-mania-collapse-in-2026

REALITY CHECK | The 2 Largest MemeCoins By Market Value Fall to Lowest Level in 3 Years

2+ day, 16+ hour ago   (322+ words) The wave of institutional money flowing into cryptocurrencies is reshaping the market with speculative memecoins losing ground even as bitcoin continues to rally. The combined market capitalization of DOGECOIN and SHIBA INU, the two largest memecoins by market value, has…...

BitKE
bitcoinke.io > 2026 > 07 > ethiopia-expands-virtual-asset-ban

REGULATION | Ethiopian Central Bank Expands Crypto Ban to Include Exchange, Transfer, Custody, and Issuance

2+ day, 18+ hour ago   (207+ words) The National Bank of Ethiopia (NBE) has clarified that its prohibition on virtual assets extends beyond cryptocurrencies warning the public that a broad range of virtual asset activities remain illegal unless expressly authorized under the country’s existing legal framework. In…...

BitKE
bitcoinke.io > 2026 > 07 > ethiopia-national-bank-lists-prohibited-virtual-assets-activities

PRESS RELEASE | National Bank of Ethiopia Lists Activities Prohibited

2+ day, 19+ hour ago   (159+ words) The prohibition is not limited to cryptocurrencies and extends to digital representations of value that can be electronically traded, transferred, exchanged, or used for payment, investment, or similar purposes. The National Bank of Ethiopia reiterates that the use, purchase, sale,…...

BitKE
bitcoinke.io > 2026 > 07 > poolin-files-for-bankruptcy

REALITY CHECK | Poolin, Once the World’s Largest Bitcoin Mining Pool, Files for Bankruptcy

2+ day, 20+ hour ago   (377+ words) At one point, Poolin controlled over 20% of the Bitcoin network hashrate. Poolin, once the world’s largest Bitcoin mining pool, has filed for Chapter 11 bankruptcy protection in the United States marking the final chapter for a company that was once responsible…...

BitKE
bitcoinke.io > 2026 > 07 > ripple-expands-rlusd-infrastructure

Ripple Expands RLUSD Infrastructure Despite 25% Drop in Stablecoin Transfer Volume

2+ day, 22+ hour ago   (508+ words) Ripple is doubling down on its stablecoin ambitions with two major initiatives designed to increase institutional adoption of its U.S. dollar-backed stablecoin, RLUSD, even as on-chain transfer activity has slowed over the past month. The launches come at a crucial time…...

BitKE
bitcoinke.io > 2026 > 07 > crypto-at-work-2026-nca-report

REPORT | Crypto Industry to Contribute $55 Billion to U.S. Economy in 2026, Says NCA Report

3+ day, 11+ min ago   (256+ words) The U.S. cryptocurrency industry is expected to contribute more than $55 billion to the country’s gross domestic product (GDP) in 2026 while directly employing 34,000 people, according to a new report commissioned by the National Cryptocurrency Association (NCA). The report estimates that the industry’s…...

BitKE
bitcoinke.io > 2026 > 07 > bored-ape-sells-at-steep-loss

REALITY CHECK | This Collector Sells Bored Ape Collection at a Steep Loss as NFT Narrative Collapses

3+ day, 2+ hour ago   (449+ words) The NFT boom that once convinced investors that digital collectibles would only rise in value continues to serve as a cautionary tale after prominent collector and crypto trader, Machi Big Brother, reportedly sold one of his prized Bored Ape Yacht…...