Crypto

The cryptocurrency exchange giant, Coinbase, has taken a bold step in the fight against online scams by launching the ‘Tech Against Scams’ initiative. This collaborative effort includes industry leaders such as Meta, Ripple, Gemini, Kraken, Match Group, and GASO. The aim of this coalition is to combat online fraud and financial schemes, while also prioritizing

Back in the year 2010, the equivalent of 10,000 bitcoins was a meager two pizza boxes. Fast forward to today, and that same amount of BTC is worth an astounding $690 million, thanks to Bitcoin’s exponential growth. This significant increase in value highlights just how much the cryptocurrency landscape has evolved over the years. With

Bitcoin had a rollercoaster week, starting off struggling to stay above $66,000 but later skyrocketing to nearly $72,000 after the news of potential SEC approval of spot Ethereum ETFs. However, the excitement was short-lived as Bitcoin lost value in the following days, dropping to $66,400 before bouncing back to $69,000 by the end of the

In recent times, there has been a noticeable concern within the cryptocurrency community regarding the rise of tokens with high valuations but limited initial circulating supply. This has led to discussions about the sustainability of the potential gains for traders post token generation event (TGE). Binance Research has released a report confirming this trend, showcasing

In a recent announcement, OKX has decided to discontinue its centralized cryptocurrency trading services for residents of Hong Kong starting May 31, 2024. The exchange cited regulatory requirements as the reason behind this decision, mentioning that it will no longer provide virtual asset services to customers in Hong Kong after the specified date. Despite the

A darknet drug bazaar known as Incognito Market made headlines recently with the arrest of Rui-Siang Lin, a Taiwanese national, at New York’s John F. Kennedy Airport. Operating under the pseudonym “Pharoah,” Lin was the mastermind behind the platform, which facilitated the sale of illegal narcotics such as fentanyl. FBI Assistant Director in Charge, James

The news of Kabosu, the beloved Shiba Inu who rose to fame as the face of the “Doge” meme, passing away at the age of 18 has left millions of fans mourning the loss of this iconic pup. Known for her endearing expression and the humorous captions that accompanied her photos, Kabosu captured the hearts

Recently, the bankrupt crypto exchange FTX concluded the sale of $2.6 billion worth of discounted Solana tokens. Figure Markets and Pantera Capital were some of the buyers who participated in the auctions and acquired significant amounts of SOL tokens at a discounted price. Figure purchased 800,000 coins for approximately $80 million, paying around $102 per

In a recent unanimous decision, the U.S. Supreme Court ruled against Coinbase Inc. in an arbitration dispute stemming from the company’s 2021 Dogecoin sweepstakes. The ruling clarified the need for a court to determine which legal agreement takes precedence when parties are governed by multiple contracts. Justice Jackson, writing for the Court, emphasized the importance

The United States House of Representatives recently made a significant decision regarding the issuance of a Central Bank Digital Currency (CBDC) to its citizens. This decision has sparked a heated debate among lawmakers and the online crypto community, shedding light on key issues surrounding privacy, individual sovereignty, and free market competitiveness. The CBDC Anti-Surveillance State

The recent decision by the Trump campaign to start accepting cryptocurrency donations has sparked a new wave of interest and controversy in the political landscape. This move represents a significant shift in fundraising tactics for a major party presidential nominee, with implications for both the campaign and the broader cryptocurrency community. The campaign’s decision to

The recent security incident involving Gala Game, a Web3 gaming project, showcased the risks associated with decentralized systems. An unknown attacker exploited a compromised admin address to mint 5 Billion GALA tokens, equivalent to over $200 million. This unauthorized action resulted in the sale of 600 million tokens worth $29 million on Uniswap. The Gala

The recent surge in the price of Bitcoin and Ethereum has raised concerns among some prominent figures in the financial world, including Peter Schiff. Despite Bitcoin reaching a high of over $70,000, Schiff remains skeptical of the cryptocurrency’s future, especially with the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission

Polimec has recently made its debut on Polkadot, offering a groundbreaking approach to decentralized funding for Web3 projects. This innovative protocol aims to reshape how capital is raised and tokens are issued, providing a transparent and compliant environment for investors and startups globally. Polimec represents a major step forward in Web3 fundraising engagement, empowering community

The recent announcement of Michael Sonnhenshein stepping down as the CEO of Grayscale, the world’s largest Bitcoin ETF, has sparked interest and speculation within the cryptocurrency industry. His replacement by Peter Mintzberg, a seasoned professional from Goldman Sachs, signals a significant shift in leadership at the company. This move comes at a crucial time for

Bitcoin’s price has experienced some fluctuations in the past 24 hours, dropping below $67,000 on multiple occasions. However, it has managed to recover from each correction and is currently trading around that line once again. This demonstrates the volatile nature of the cryptocurrency market, where prices can shift rapidly in a short period. Altcoins Reacting

The upcoming economic week is set to be an intriguing one, with major events such as the release of the Federal Reserve meeting minutes and a significant earnings report from Nvidia. These events have the potential to influence markets significantly and provide valuable insight into the state of the economy. In addition to the Federal

The recent arrest of Aiden Pleterski, known as Ontario’s ‘Crypto King,’ has sent shockwaves through the cryptocurrency community. Accused of fraud and money laundering in connection with an alleged Ponzi scheme, Pleterski and his associate Colin Murphy are facing serious charges. The allegations suggest that they stole around $30 million from unsuspecting victims, leading to

Recently, a confidential United Nations report uncovered the alarming activities of North Korea’s cybercriminal group, the Lazarus Group. This group managed to transfer millions of dollars’ worth of stolen cryptocurrency back to North Korea through various illicit means. One notable incident involved the theft of $147.5 million in cryptocurrency from a prominent crypto exchange owned

Recently, two siblings who attended the Massachusetts Institute of Technology (MIT) have been accused of exploiting a vulnerability in the Ethereum blockchain. This resulted in them swindling $25 million in just 12 seconds, marking it as a unique cybercrime. The accused, Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are now facing federal charges in Manhattan

Polkadot recently announced a groundbreaking partnership with Founder Institute to launch the first Web3 cohort in its Core Program. This collaboration signifies a new chapter in startup acceleration and Web3 technology education, according to Founder Institute. The program, set to launch on May 28, will be guided by top experts from the Polkadot community. This

Bitcoin experienced a highly positive trading week, with its price skyrocketing to over $67,000 – the highest it has been in almost a month. The digital asset retraced slightly to just over $60,000 last Friday before bouncing back and climbing to $63,000 on Monday. Despite a brief dip to $61,200 on Tuesday, Bitcoin saw a

The Chinese police recently made headlines for busting a massive underground banking operation that utilized the popular stablecoin Tether (USDT) to facilitate transactions worth 13.8 billion yuan ($1.9 billion). This operation, which was based in Chengdu Municipal, involved 193 suspects who were directly linked to the criminal activities. It was reported that the police managed

One of the key factors that could potentially contribute to Dogecoin flipping Ripple’s market cap is the influence of Elon Musk. Having Musk as a supporter brings enormous credibility and publicity to Dogecoin, creating a strong foundation for growth. On the other hand, Ripple needs a champion with a similar cachet to stay ahead in

The world of artificial intelligence (AI) and cryptocurrency has been rapidly evolving in recent months. With the introduction of a new ChatGPT model by OpenAI, the potential for growth in this niche market has been on the rise. As the total market capitalization of AI-related cryptocurrencies surpasses the $30 billion mark, investors are looking for

The cryptocurrency market experienced a surge in green today, with several leading digital assets, including Solana (SOL), Cardano (ADA), and Chainlink (LINK), seeing substantial gains. Amidst this positive market sentiment, Doland Tremp (TREMP), a Donald Trump-themed meme coin, stood out by skyrocketing 60% in the past 24 hours, reaching a new all-time high of $1.07

The crypto market has been witnessing a significant shift in dynamics, particularly in the comparison between Ethereum’s Ether (ETH) and Bitcoin (BTC). More than 19 months after Ethereum’s Merge upgrade, it is evident that Ether is struggling to keep up with Bitcoin, with the ETH/BTC price ratio hitting a three-year low at 0.044. This trend