According to local news sources, an official in Russia has been accused of taking large Bitcoin bribes Marat Tambiyev, the head of Moscow’s Tversky District Investigative Committee Investigative Department, allegedly received around $24 million worth of Bitcoin (BTC) bribes from the hackers being investigated, as reported by Russian local news outlet Kommersant. The access codes…
In a recent tweet, Egrag Crypto highlighted a significant hurdle for XRP as its price encountered major resistance around the $0.80 level. The trader suggested that XRP could either surpass the $0.80 mark or enter a consolidation phase. As of now, XRP is trading at approximately $0.5263, reflecting a modest 0.30% increase in price. In…
As Atomic Wallet operates as a non-custodial decentralized wallet, users assume full responsibility, while the specific method of attack remains unclear, prompting the team to conduct an ongoing investigation Reports on Twitter indicate that users have suffered complete loss of their cryptocurrency holdings following their utilization of Atomic Wallet, raising concerns of a potential compromise….
With its most recent transaction, a prominent cryptocurrency whale on Binance has propelled the price of a significant altcoin to new heights Based on the available data, a notable cryptocurrency whale executed a substantial acquisition of the Solana (SOL) altcoin on Binance. The whale’s purchase of 80,000 SOL tokens, amounting to around $1.6 million, triggered…
Morgan Bennett, an influential cryptocurrency analyst, suggests that Ethereum has the potential to surpass Bitcoin’s market capitalization within the next 2-3 years Taking to Twitter, Bennett outlined four scenarios that could lead to the “flippening,” referring to Ethereum’s dominance over Bitcoin in terms of market cap. Drawing upon the long-term trends of both cryptocurrencies, Bennett…
Amid an ongoing and persistent cyberattack spanning several days, Pro-XRP lawyer John Deaton fell victim to a phone hack on June 4th Lawyer John Deaton, using his daughter’s account, promptly notified his followers about the security breach, urging them to report the hack. In response, the XRP community rallied together, disseminating information to raise awareness…
The FTX debtors contended that the claim was submitted “without prior notification,” and they were excluded from the mediation proceedings Within a month of FTX, the bankrupt cryptocurrency exchange, pursuing a $4 billion claim against the bankrupt crypto lender Genesis, it is currently challenging a claim asserting that it holds no entitlement. In a court…
Here is a list of the top 10 NFT marketplaces ranked based on their trading volume: Marketplace A: This NFT marketplace dominates the industry with the highest trading volume, attracting a large number of buyers and sellers. Marketplace B: Coming in at a close second, Marketplace B showcases substantial trading volume, offering a diverse range…
Elliptic, a leading crypto risk management company, is confident that integrating ChatGPT will significantly enhance their intelligence capabilities, enabling them to identify and uncover crypto risks that were previously inaccessible through other means. Amid reports of varying success in implementing AI technologies, Elliptic, a cryptocurrency risk management firm, has made a significant stride by integrating…
The main objective behind the release of the v2.1.0 Upgrade proposal by Terra Classic is to enhance its competitive edge in comparison to other blockchains. Interested individuals can find the detailed proposal on the Commonwealth site for further reading. The Joint L1 Task Force (L1TF) has recently released the proposal for the v2.1.0 upgrade of…
The U.S. Securities and Exchange Commission (SEC) intensified its regulatory scrutiny of crypto market businesses in recent months, further complicating an already challenging year in 2022. Surprisingly, these enforcement actions had minimal impact on asset prices, with Bitcoin experiencing a significant 60% growth since the start of 2023. Nevertheless, market participants widely perceive the Ripple…
A recent warning by the US consumer watchdog has raised concerns about the risks linked to payment apps, effectively highlighting Bitcoin as a secure alternative. The Consumer Financial Protection Bureau (CFPB), a reputable government agency entrusted with protecting consumer interests in the financial sector, has cautioned American citizens regarding the potential risks involved in storing…
Following a guilty plea on charges of wire fraud, aggravated identity theft, and money laundering, a former crypto influencer on TikTok has been compelled to surrender a physical gold bitcoin and over $17,000 in cash. TikTok personality indulged in cryptocurrency with ill-gotten funds Denish Sahadevan, popularly known as Danny Devan on social media, allegedly orchestrated…
According to data from CMC, TRON’s TRX has experienced a significant 12% increase in the past 24 hours The trading platform recently submitted an application to become a Virtual Asset Service Provider (VASP) and is currently awaiting approval. In a Twitter announcement on Friday, Justin Sun revealed that TRON’s TRX cryptocurrency is now actively functioning…
In its latest report, Coinbase, the cryptocurrency exchange, emphasized the market value of altcoins within a specific domain Highlighting the immense potential for entrepreneurs, Coinbase, the leading digital asset exchange in the United States, emphasized the significant opportunity that arises from the convergence of artificial intelligence and cryptocurrencies. This intersection not only addresses the concerns…
Republicans Introduce Crucial Bill Impacting Cryptocurrency Status in the US US Republicans Propose Draft Bill to Reclassify Digital Tokens as Commodities, Challenging SEC’s Classification as Securities Senior Republicans in the US Congress have introduced a new draft bill that seeks to provide a pathway for digital tokens to transition from being categorized as securities to…
Recently, a distressing revelation has emerged regarding a scam that specifically targeted Uniswap, the largest on-chain trading protocol in the world. Hayden Adams, the creator of Uniswap, expressed his surprise on Twitter regarding a sophisticated scam targeting the Uniswap community. Adams highlighted the significant effort put into creating a fraudulent version of the Uniswap website….
Montenegro Court Approves Bail for Terra Co-founder Do Kwon with Updated Conditions. Terra co-founder Do Kwon and former chief financial officer Han Chang-joon have been granted bail by the Montenegro Basic Court for the second time. The court approved their request, allowing them to be released from custody. The bail amount for both individuals is…
Peter Schiff, a prominent finance figure known for his negative views on cryptocurrencies, has been targeted in a Twitter hack The attack involved promoting a potentially fraudulent $GOLD coin scam. The news was shared on Twitter by Schiff’s son, Spencer Schiff, who has a different perspective and is supportive of cryptocurrencies like Bitcoin. DO NOT…
MUFG has not disclosed the names of the companies that will be the initial users of its platform. However, a few banks are said to have already chosen a different  stablecoin solution Mitsubishi UFJ Financial Group (MUFG), a major bank in Japan, has introduced its stablecoin issuance platform called “Progmat Coin.” The platform will…
DeFi Platform Blur Achieves Record-Breaking Total Value Locked with BLEND’s Impact Blur, a decentralized finance (DeFi) platform, made an exciting announcement on its official Twitter account. The tweet revealed that Blur has reached an extraordinary milestone, with a total value locked (TVL) of $160.82 million, marking an all-time high. This remarkable growth can be attributed…
Tron, XRP Ledger, and Stacks Witness Strong Growth and User Engagement in Q1 2023. Exciting Future Prospects Illuminate Crypto World’s Vibrancy. The realm of cryptocurrency continues to captivate as Tron, XRP Ledger, and Stacks demonstrate noteworthy expansion and user participation. The latest Q1 2023 reports by Messari, a trusted source of crypto market insights, shed…
During the initial four months of 2023, the total number of cryptocurrency ATMs worldwide experienced a decline of 5,850 units. However, in May, there was a notable resurgence with the addition of 1,397 machines to the global crypto ATM network. May brought a significant change in the prevailing trend of declining Bitcoin prices and crypto…
CoreWeave secures $200 million in extended Series B funding, followed by a reported AI cloud computing deal with Microsoft. According to reports, Microsoft has entered into an agreement with Core Weave, a former Ethereum miner, to utilize its cloud computing infrastructure in bolstering its Artificial Intelligence-driven services. Citing insider sources, CNBC’s June 1 report suggests…
With the newly acquired license, Mercado Bitcoin intends to provide a unique blend of crypto-powered financial services alongside traditional financial offerings, capitalizing on the vast potential of both domains. According to a report by Valor Economico newspaper, Brazil’s central bank granted a payment institution license to Mercado Bitcoin, the largest cryptocurrency exchange in the country,…
Arthur Hayes Predicts Exact Timing for Bitcoin’s Peak in 2023 Following the growing concerns surrounding the US regional banking crisis, the cryptocurrency market seems to have entered a period of relative calm, possibly indicating a corrective phase after experiencing two notable rallies since the start of 2023. The recent announcement of the US debt ceiling…
In the widely acclaimed global digital series, ‘Build The Block’, Web3 businesses fiercely competed for investment from Binance Labs. Today, zkPass emerged as the victor, receiving the prestigious title of winner from Binance. Among the 12 project finalists that participated in the seven-episode competition, zkPass garnered the highest number of votes, securing the top prize…
The U.S. Commodities Agency (CFTC) has issued a recommendation calling for a reassessment of risk management requirements, emphasizing the importance of considering emerging cryptocurrencies. In light of the evolving landscape of digital assets, one commissioner highlighted the need to acknowledge the significant presence and potential impact of cryptocurrencies on risk management practices. This recommendation signals…
The announcement of a debt limit agreement in the USA brought positive news to the cryptocurrency market, resulting in a rise in both Bitcoin and altcoins. Bitcoin witnessed a price increase of over 2%, reaching $27,200, while Ethereum (ETH) experienced a 2% surge, nearing $1,900. As the market remains active, the focus now shifts to…
Renowned Crypto Analyst Anticipates Significant Price Surge for XRP Amidst Pending SEC Verdict With the outcome of the legal battle between Ripple and the US Securities and Exchange Commission (SEC) eagerly awaited, notable crypto analyst DonAlt suggests that XRP is primed for a substantial upswing in its price. In a recent analysis on his YouTube…
As the cryptocurrency industry undergoes rapid evolution, it is crucial to stay updated for making well-informed decisions. Each day brings forth new trends that reshape the digital currency landscape. By staying informed and adopting a data-driven approach, individuals can seize opportunities and navigate the dynamic world of cryptocurrencies confidently and flexibly. In line with this,…
Investors Accuse Elon Musk of Manipulating DOGE Price in Lawsuit A group of investors is suing billionaire and Dogecoin enthusiast Elon Musk, alleging that he manipulated the price of the memecoin for insider trading purposes. The lawsuit, filed in Manhattan federal court, claims that Musk’s decision to change Twitter’s logo to the doge mascot in…
Binance Burns Over 1 Billion LUNC Worth $88K, Total LUNC Burns Surpass 60 Billion Binance Burns Over 1 Billion LUNC Tokens Worth $88,707 in Latest Incineration Event According to data from Terra Finder, Binance conducted a significant burn of 1,044,105,203 LUNC tokens, equivalent to $88,707, on June 1 at 5:14 pm. This burn represented 50%…
Nigeria’s journey with cryptocurrencies has been characterized by a mixture of enthusiasm and opposition. While the citizens have shown great interest and acceptance towards digital assets, the government has maintained a strong stance against them. This has led to the implementation of a ban on cryptocurrencies within the country, effectively prohibiting individuals from conducting crypto…
SYS Labs has revealed the official release date for Rollux, their innovative EVM-L2 scaling platform. This groundbreaking platform, announced on June 1, aims to transform the blockchain industry by introducing unprecedented levels of transaction speed, security, and cost efficiency. Its launch is expected to set new standards and bring exciting advancements to the world of…
Kazakhstan Police Arrest Alleged Mastermind of Fake Crypto Trading Platform Police in Kazakhstan have announced the shutdown of a suspected fraudulent cryptocurrency trading platform, resulting in the arrest of the alleged mastermind. The Ministry of Internal Affairs revealed that a 23-year-old individual, whose name begins with L and was born in 1999, was apprehended. The…
Russian Firms Appeal to President Putin for Crypto Support and Legalization for International Settlements Russian President Vladimir Putin has received a request to assist in the legalization of cryptocurrency payment businesses. The request was made through the annual report of Russia’s Business Ombudsman, Boris Titov, who operates from the Kremlin. In Russia, cryptocurrencies such as…
Coinbase, the largest cryptocurrency exchange in the United States, revealed its plans to launch Bitcoin (BTC) and Ethereum (ETH) futures contracts on June 5 through its regulated derivatives exchange. These futures products are specifically targeted towards institutional investors. Coinbase Introduces Bitcoin (BTC) and Ethereum (ETH) Futures Coinbase has revealed that its institutional-sized contracts for Bitcoin…
ANA Group, also known as All Nippon Airways, has introduced the “ANA GranWhale NFT MarketPlace,” an NFT platform for trading art and photograph collectibles. The platform operates under ANA NEO, the company’s metaverse subsidiary, as revealed in a recent tweet. According to a statement issued on May 30, ANA announced the availability of the first…
In an exciting development towards wider acceptance of cryptocurrencies in gaming, Nike’s “virtual creations” are set to be seamlessly integrated into EA Sports games in the upcoming months. Nike’s dedicated non-fungible token (NFT) platform, .Swoosh, is on track to join forces with EA Sports, opening up the possibility of featuring Nike’s virtual footwear and apparel…
Crypto Twitter Users Caution Against Clicking Suspicious Link on OpenAI CTO Mura Murati’s Twitter Account, Offering Free Airdrop. Crypto Twitter inundated with warnings as OpenAI CTO’s hacked account promotes “scam” crypto airdrop. On June 2, Murati’s Twitter account shared a potentially malicious link, claiming to offer an airdrop of a cryptocurrency named OPENAI, supposedly inspired…
Memcoin quickly gained popularity among merchants as their preferred coin for fast profits. Simultaneously, investors flocked to this new meme-coin with hopes of making significant gains. However, the excitement surrounding Pepe Coin has now started to fade. Glauber Contessoto, a Dogecoin multimillionaire, took to Twitter to officially declare the death of Pepe Coin. $PEPE IS…
EU Study Recommends Treating All Crypto Assets as Securities by Default and Granting Legal Status to DeFi Organizations. Lawmakers at the European Parliament have commissioned a study suggesting that all crypto assets should be considered as securities by default. The study also recommends granting legal recognition to decentralized finance (DeFi) organizations. This marks a significant…
According to the Financial Action Task Force, the country’s central bank must actively identify and penalize service providers that violate the 2019 ban. A global anti-money laundering watchdog reported on Wednesday that Qatar has shown minimal action against cryptocurrency companies that are disregarding a ban imposed in 2019. Accusing the country of being lenient in…
Starting from September 1, 2023, the National Bank of Georgia will initiate mandatory supervision of virtual asset service providers. This move aims to strengthen regulatory oversight and ensure compliance with anti-money laundering measures in the cryptocurrency sector. The National Bank of Georgia is taking proactive steps to enhance the integrity and security of virtual asset…
Meme token now accepted for purchases on AliExpress, announces token team on Twitter. You can now purchase products on #AliExpress using $FLOKI through https://t.co/ee0PBRn2Nh!đĽ Buy from a selection of over 100 million items and enjoy shipping to over 200 countries.#FLOKI's ecosystem keeps growing!đŞđ˝ https://t.co/XEeOLamoQ9 — FLOKI (@RealFlokiInu) May 31, 2023 Floki Inu (FLOKI), a meme…
Price of Binance-Listed Altcoin Surges Amidst Partnership Announcement Sui Network (SUI), a leading blockchain and smart contract platform, has recently revealed an exciting partnership with Red Bull Racing, a renowned Formula 1 team with a remarkable track record. This collaboration establishes Sui Network as the Official Blockchain Partner of Red Bull Racing. As part of…
During a speech on Thursday, European Central Bank President Christine Lagarde indicated that it is still uncertain if core inflation has reached its highest point in the euro zone. This suggests that there could be additional increases in interest rates across the continent. European Central Bank President Christine Lagarde, in a speech delivered on Thursday…
Shiba Inu (SHIB) and Tradecurve (TCRV): Exploring Insights with Google Bards As more investors seek diversification, two projects have recently gained attention in the crypto world. Shiba Inu (SHIB), a popular meme-token, and Tradecurve (TCRV), an emerging trading platform currently in its presale phase, have captured the spotlight. In this article, we delve into valuable…
Tether (USDT) Maintains Strong Grip on Stablecoin Market, Surpasses $83 Billion Market Cap Record While USDT is achieving new heights in terms of market capitalization, other stablecoins are facing challenges in maintaining their market dominance. USDT has reached a new all-time high market capitalization, coinciding with difficulties faced by other stablecoin issuers due to regulatory…