Charles Hoskinson, the founder of Cardano, confidently stated that ADA, the main token of Cardano’s blockchain, could surpass top cryptocurrencies like Bitcoin and Ethereum. Hoskinson’s statement, made during the eagerly awaited Rare Evo conference, has created a lot of buzz and discussions in the cryptocurrency world. People are excited and speculating about how digital assets…
Attorney John Deaton, who is involved in the Ripple-SEC legal fight, talked at a blockchain conference in Texas. He talked about something important called “qualified immunity.” This protects government people, like those at the SEC, from getting in trouble for things they do as part of their job. Deaton said this makes it hard to hold…
Western Union, a big player in sending money worldwide, is taking a bold step into the cryptocurrency world. This is a big deal because it shows they’re open to change in the financial world. Western Union has always been good at helping people send money across countries. Now, they’re getting into cryptocurrencies, which shows they’re…
Former Pepecoin promoter Jeremy “Pauly” Cahen claims the Pepecoin team engaged in insider trading with 16 trillion PEPE tokens. Analysts confirm this with notable on-chain transactions by Pepecoin insiders. The team reportedly possesses $16-17 million in PEPE tokens spread across nine wallets but avoids selling, sparking suspicions. Former Pepecoin promoter turned crypto influencer Jeremy “Pauly”…
With this credit card, you get 3% back when dining out, 2% cash back for shopping, and 1% cash back for all other purchases. Gemini, a well-known US exchange, has introduced a special deal for XRP fans. They’re letting people earn XRP by using their Gemini Credit Card. This means when users make regular purchases…
Binance Labs Leads in 14 of 17 Recent Crypto Deals. Binance Labs is thriving despite legal challenges, investing in the blockchain’s future with emphasis on scalability, decentralization, and privacy. Messari’s tweet highlighted Binance Labs’ exceptional achievement: leading as the main investor in 14 out of 17 crypto deals in the past six months. This puts it…
On August 25, 2023, the U.S. Treasury Department introduced a significant new rule. This rule mandates that cryptocurrency brokers, encompassing exchanges and payment processors, must report user data – including cryptocurrency sales, purchases, and asset exchanges – to the IRS. The purpose is to tackle potential tax evasion within the cryptocurrency domain. This rule brings…
Bitcoin and altcoins had a positive start in 2023, but their performance suffered in 2022, leading many investors to experience losses. However, DeFi (Decentralized Finance) tokens have taken a different trajectory, as highlighted by IntoTheBlock. According to a post on their Twitter account, IntoTheBlock pointed out that DeFi tokens stand out in terms of investor…
United States Patent and Trademark Office (USPTO) Rejects Dogecoin Trademark Application, Citing Generality. This aligns with Dogecoin’s decentralized essence, seen as a triumph, yet the final decision remains uncertain. The cryptocurrency world was surprised by the United States Patent and Trademark Office’s rejection of a trademark application for Dogecoin, a well-known meme cryptocurrency. This move raises…
After the SEC postponed its decision on the ARK 21Shares Spot Bitcoin ETF on August 11, Cathie Wood’s ARK Invest and 21Shares have swiftly applied for a separate Ethereum futures ETF, possibly adopting a dual strategy. ARK Invest Enters Ethereum Futures ETF Competition In a document sent to the SEC on August 24, ARK Invest…
Kroll, FTX’s bankruptcy claims agent, faced a cyber incident revealing claimants’ personal info like names, addresses, emails, and balances. FTX and BlockFi confirmed passwords and internal systems remained untouched. Kroll, the company that helps with FTX’s bankruptcy claims, recently had a “cybersecurity incident.” Some customer data got exposed, but the important financial parts of FTX…
Amid rumors about a major crypto exchange, investors are pulling out significant Bitcoin amounts from Binance. CEO Changpeng Zhao dismissed the rumors as an attempt to create fear and doubt. On August 23, Whale Alert on Twitter reported five withdrawals in a single minute, totaling 5,729 BTC (worth $150 million). Tweets by whale_alert While conducted…
Binance Labs and Pendle Finance have partnered to emphasize yield tokenization’s importance in DeFi. Pendle lets users convert yield into tokens, offering steady yearly yields—a major step in decentralized finance. Binance Labs, a part of the big crypto company Binance, has made a big partnership with Pendle Finance. This partnership will change how decentralized finance…
Today, the crypto market is showing positive signs, with Bitcoin and several popular altcoins trading in the green. The crypto market is feeling positive today, with Bitcoin and other popular coins showing gains. This positive movement matches what’s happening in regular financial markets. The fear and greed index for cryptocurrencies has dropped a bit from…
The FBI said they caught Roman Storm, but they’re still looking for Roman Semenov. The creators of Tornado Cash, Roman Semenov and Roman Storm, are facing legal problems. Semenov is on a list of people with restrictions, and Storm got arrested. The United States is getting stricter about crypto mixers. Semenov is still not caught,…
Fred Thiel, the CEO of Marathon Digital, a company involved in Bitcoin mining, believes that the chances of the U.S. Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF) are positive. Thiel’s optimism is fueled by the efforts of major players like BlackRock to launch such ETFs. He mentioned that the approval…
Even though groups like Lazarus have taken a lot of crypto, the technology that keeps track of crypto transactions makes it hard for them to use the stolen funds without getting caught. The FBI, which is like a police agency in the United States, has said that six Bitcoin wallets are connected to a hacking…
eTukTuk (TUK) token has been developed for five years and is now having a presale at tuktoken.io. It wants to change how public transport works in developing countries by using electric vehicles (EVs). Many experts say that $TUK is the best green cryptocurrency to invest in. The eTukTuk project is starting by focusing on electric…
Mastercard has created a CBDC Partner Programme to promote collaboration in the field. This includes working with blockchain tech and payment service providers to enhance the central bank digital currency sector. Mastercard has created a program called CBDC Partner Programme, which brings together various important players to better understand the pros and cons of CBDCs…
The team behind Terra Luna Classic, known as L1 Terra Classic Task Force, is getting ready for a v2.2.0 core upgrade. Terra Luna Classic will test it on the rebels-2 testnet for a week before making it live on the mainnet in September. In the meantime, tokens like LUNC and USTC are showing potential for…
Thailand to use computer crime laws against Facebook for not screening scams; Minister says 70% of local online scams involve Facebook, with 300,000 fraud complaints linked. The Thai government is upset with Facebook, which is now called Meta. They are thinking about stopping people from using Facebook in the country. This is because there are…
Former US SEC enforcement chief, John Reed Stark, made a playful remark about Binance when the cryptocurrency exchange paused letting customers in the Euro region take out their regular money. People are having trouble getting their money out of Binance because there aren’t clear paths for putting money in or taking it out. There’s no…
Another crypto platform wants to get out of dealing with the SEC’s questions by asking the court to throw the case out. Gemini, a crypto platform, sent a letter to a court in New York City asking for the case against it by the SEC to be stopped. The platform’s lawyers said the accusations from…
After a rocky week for cryptocurrencies, some altcoins are showing signs of potential recovery, with XRP, Litecoin (LTC), and Stellar (XLM) leading the way. “XRP, Litecoin (LTC), and Stellar (XLM)” these three digital assets are starting to look better, according to data analytics firm Santiment, even though the overall crypto market has been down in…
John Reed Stark, who used to work at the US Securities and Exchange Commission (SEC), is now even more doubtful about a Bitcoin exchange-traded fund (ETF) getting approved. He says the chances are very low. On August 19, Stark shared his thoughts on X (formerly called Twitter), saying that he believes cryptocurrency is full of…
In the ever-changing world of cryptocurrency, Dogecoin whales have emerged as influential players. These powerful individuals make significant moves that create waves throughout the digital realm. Whale Alert, a tool that tracks blockchain activities, recently reported a substantial transfer of 253,419,377 DOGE from Robinhood to an unfamiliar wallet. This event has once again highlighted the…
London’s Checkout.com, a big payment company, has stopped working with Binance, a large crypto exchange, because of concerns about money problems and following rules. They were in touch through letters. Checkout’s CEO, Guillaume Pousaz, said on August 9 and 11 that they want to stop working with Binance. They used to be a big client….
Bitget, a major cryptocurrency trading platform in Singapore, has expanded its support for XRP investors. The exchange has introduced a user-friendly feature that enables users to purchase XRP using credit and debit cards. In addition to this, Bitget has launched an XRP carnival, offering the opportunity to buy XRP with Canadian dollars (CAD) at zero…
The SEC, which is in charge of making sure financial rules are followed in the U.S., is doing something important in its fight with Ripple Labs. They’re asking a court in New York to let them appeal a decision. They asked for this right after the court said they could. The SEC wants to focus…
In their recent report, CoinGecko unveiled the money needed per country to create a single Bitcoin. The report from CoinGecko shows the big differences in how much money it costs to use household electricity to mine 1 Bitcoin all around the world. It says that if you’re mining on your own, you would need about…
Shiba Inu’s lead developer announced a remarkable achievement: they’ve boosted Shibarium’s scaling and capacity by an impressive 1,500%. Shytoshi Kusama, the lead developer of Shiba Inu, gave an update about making Shibarium better. Shibarium is the special part of the cryptocurrency that helps it work well. In a blog post, Kusama said they started Shibarium…
“SEC and South Korea Investigate Terraform Labs and Chai Corp for Alleged $40B Loss; Do Kwon Faces Legal Challenges. Terraform Labs Cooperates, Providing Defense Evidence.” The US SEC is teaming up with South Korean regulators to investigate Terraform Labs, a company in the cryptocurrency world. They’re looking into allegations against Terraform Labs’ co-founder, Daniel Shin,…
Sei, a trading-focused blockchain platform, encountered problems during its recent SEI token launch. Delays and issues with the token giveaway disrupted the event, leading to unexpected challenges. SEI Token Drama The newly launched Sei blockchain platform created excitement in the cryptocurrency world as its SEI token entered the market with a strong debut, quickly reaching…
Over 500 scam tokens on Coinbase’s Base blockchain have thrived, making $3.7 million in trades and $2 million in profits. These tokens use tactics like hidden coin creation, shedding light on crypto chaos, law enforcement challenges, and potential risks for retail investors. A concerning Bloomberg report reveals the presence of scam tokens thriving on Base,…
The US SEC is considering letting companies create ETFs based on Ether futures, a big step forward for the crypto industry. Around ten companies, including Volatility Shares, Bitwise, Roundhill, and ProShares, want to make these ETFs. It’s not clear yet which ones will be allowed, but some officials say a few might get approval by…
Shiba Inu’s Shibarium is working again after being offline for almost a day. Transactions are happening once more. The coins SHIB and BONE are going up again. Shiba Inu’s Shibarium network started working again after stopping for nearly a day. The person in charge, Shytoshi Kusama, said that a lot of activity on the blockchain…
SEC Seeks to Question Daniel Shin About Do Kwon and Chai Corporation’s Connection to Terraform Labs. The US Securities and Exchange Commission (SEC) got approval to ask South Korea for help in talking to Daniel Shin, a co-founder of Terraform Labs. The SEC is making a case against Terraform Labs and its other co-founder, Do…
The SEC has postponed its decision about Grayscale’s request to change its Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). The decision is anticipated to be revealed on August 18, marking 160 days since discussions started in March. As the SEC’s decision remains uncertain, Grayscale has advertised a job opening for a Senior Associate in…
Starting September 11, CME Group will offer Bitcoin and Ether reference rates for pricing cryptocurrency futures contract settlements, responding to increasing institutional interest in the Asian cryptocurrency sector. CME Group Introduces Bitcoin and Ethereum Reference Rates for Asia-Pacific Market CME Group, a marketplace for trading financial derivatives, is launching reference rates for Bitcoin and Ethereum…
The value of the whole cryptocurrency market went down by another 1.6% overnight, reaching $1.137 trillion. In the morning, it briefly went down to $1.113 trillion, which is the lowest it’s been in almost two months. Bitcoin went down by 1.7%, Ethereum went down by 1.2%, and other important cryptocurrencies went down by different amounts, from…
Whale activity in altcoins like Shiba Inu has risen sharply as their prices underwent strong declines. Throughout the week, the altcoin market has experienced intense selling, even without any clear major reasons, while enthusiasm for the Bitcoin ETF has diminished. Despite this, the recent price correction has led to an increase in whale activity, as…
In the midst of the memecoin uptrend, crypto analyst Michaël van de Poppe is considering the possibility of a notable price surge for Pepe (PEPE), an under-the-radar contender. With memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) gaining prominence, Pepe has attracted the analyst’s attention as a potential candidate for substantial price action. With…
Federal prosecutors have stated that Caroline Ellison, a former associate and ex-partner of FTX founder Sam Bankman-Fried, accused him of using FTX customer deposits in a recorded company meeting, according to a new court filing. The court filing revealed that prosecutors obtained a covert recording made by an Alameda Research employee during an all-hands meeting,…
Elon Musk’s Twitter, now known as X, has faced criticism for intentionally slowing down user access to news organizations and online competitors. This action appears to be aimed at websites that Elon Musk himself has expressed displeasure with. Additionally, X Pro (formerly TweetDeck) has transitioned to a subscription-based model, a move that had been in…
Author Robert Kiyosaki, known for “Rich Dad Poor Dad,” says gold, silver, and Bitcoin are better than ETFs. Robert Kiyosaki, who wrote “Rich Dad Poor Dad” and is an entrepreneur, talked again about why gold, silver, and Bitcoin are good protection against problems with the government’s economy. He was on The Daniela Cambone Show recently…
Silvergate Bank sees three top executives leave due to its liquidation process following its collapse in March 2023, linked to the FTX exchange failure. With growing global oversight, regulations for crypto and digital asset banking are set to tighten. Silvergate, a bank that’s friendly to cryptocurrencies, is going through a voluntary administration process. Now, three…
Binance in the US has said they now have Binance US Cudos (CUDOS) on their list. Binance US is a part of the big Binance crypto exchange. They added a new digital coin. Binance US shared that they have added a new digital coin called Cudos (CUDOS). They said, “We’re happy to say that Cudos…
ADA’s Total Value Locked (TVL) reaching new highs is seen as a very positive sign by Dan Gambardello, a trader. In the last 24 hours, ADA’s price decreased by 0.45%, bringing it down to $0.2892. Looking at the technical side, ADA is still trading below the 9-day EMA line at the moment. Cardano’s (ADA) Total…
Celsius has come up with a different idea for the people who use their services. They want to give them a chance to own a part of a new company. This new company will be supported with lots of money and won’t owe a big amount of money to others. On August 14, a crypto…
Coinbase has officially entered the Canadian market in partnership with Peoples Trust Company, taking advantage of the country’s favorable crypto regulations. Coinbase has launched its services in Canada by teaming up with Peoples Trust Company, allowing users to utilize Interac e-Transfers. As part of their expansion, Coinbase is offering a 30-day free trial of Coinbase…