Nynu V Jamal
Taiwan’s Tech Exports Boom, Driven by AI and U.S. Demand
Taiwan’s exports surged to an all-time high of $44 billion in August, driven by robust demand for AI chips and hardware, offsetting weaker demand from China. The country’s exports to...
Crypto Scams Cost Americans $5.6 Billion in 2023: FBI Report
The FBI’s Internet Crime Complaint Center has released a sobering statistic: Americans reported a staggering $5.6 billion in losses due to crypto fraud in 2023. This represents a 45% increase...
Ethereum Advisor Sues Law Firm for $100 Million Over Mishandled Case
Early Ethereum adviser Steven Nerayoff is suing law firm Covington & Burling seeking $100 million in damages, claiming they botched his defense in a 2019 extortion case. The lawsuit, filed...
Ripple’s RLUSD: Institutions-Only at Launch, CTO Confirms
Ripple’s Chief Technology Officer, David Schwartz, has confirmed that the much-anticipated stablecoin RLUSD will initially be exclusively available to institutions. This news comes ahead of regulatory approval and the official...
Crypto’s Correlation with Equities: A Closer Look at Market Trends
Recent reports offer a glimmer of hope to the crypto community, which has been navigating a turbulent market. A new Bloomberg report highlights the growing correlation between crypto and equities,...
Crypto’s Banking Access Shrinks: United Texas Bank Latest Casualty
The U.S. Federal Reserve has ordered United Texas Bank to halt operations, citing concerns about its risk management and crypto dealings. This move has sparked a debate about the government’s...
India’s Crypto Market to Expand: Two More Global Exchanges to Get Approval
India’s crypto market may soon welcome more global exchanges, signaling a potential expansion beyond current players like Binance and KuCoin, that have most recently gained approval. Reports suggest that India’s...
Robinhood Crypto Settles with California for $3.9M Over Withdrawal Issues
Robinhood Markets’ crypto arm settled with the State of California for $3.9 million, resolving allegations that the platform halted crypto withdrawals for almost four years. This marks the California Department...
XRP Price Unfazed by Ripple’s Upcoming RLUSD and Smart Contracts
XRP’s price stayed flat despite Ripple’s upcoming RLUSD stablecoin launch and XRPL smart contract integration, sparking debate within the community. While the Ripple community anticipates these advancements, XRP advocate Bill...
Samsung Next Backs Startale Labs, Co-Developer of Sony’s Soneium
Samsung Next, the investment arm of Samsung, has invested in Startale Labs, a web3 infrastructure development company. This move comes on the heels of Startale Labs’ strategic collaboration with Sony...
Ex-Mt. Gox CEO Returns with EllipX, Promises User-Friendly Platform
Mark Karpeles, formerly at the helm of the now-defunct crypto exchange Mt. Gox, is set to launch a new crypto platform, EllipX, in Europe, with its base in Poland. Speaking...
FBI Warns of North Korean Hackers Targeting Crypto Firms
The US Federal Bureau of Investigation (FBI) has issued a warning about North Korean hackers’ latest attempts to steal crypto from crypto exchanges, DeFi, and ETF issuers. The agency says...
Outrage as Ailing Binance Exec Denied Wheelchair, Forced to Limp in Court
A distressing video has surfaced showing Binance executive Tigran Gambaryan, detained in Nigeria since February, struggling to enter an Abuja courtroom for his money laundering trial. The footage shows Gambaryan...
Japanese Financial Giant SBI Backs Metaplanet’s Bitcoin Push
Japanese financial giant SBI Holdings’ crypto division, SBI VC Trade, is partnering with investment firm Metaplanet to boost Metaplanet’s Bitcoin holdings. Announced on September 2, 2024, the collaboration will support...
Cardano’s Chang Upgrade Fuels Debate on Founder’s Role
Cardano founder Charles Hoskinson is not taking criticism lying down. He recently fired back on X (formerly Twitter) at SynthLuvr, founder of blockchain interoperability platform Mynth, who questioned Hoskinson’s role...
Trump’s Push to Make U.S. the Crypto Capital Gains Momentum
Presidential candidate Donald Trump’s goal to make America the ‘crypto capital’ is back in the spotlight again. In an X post on Thursday, Trump hinted at a strategic plan that...
Tesla, Musk Dodge $258 Billion Lawsuit
Tech mogul Elon Musk and his company, Tesla, secured a significant win in a lawsuit that accused them of defrauding investors by manipulating the value of Dogecoin (DOGE). On August...
Stablecoins Hit Record $177B Market Cap, Tether Leads Surge
The stablecoin market is booming, reaching a new all-time high of $177 billion. This marks 11 consecutive months of growth, shattering the previous record set in March 2022. Tether (USDT)...
TON Blockchain Resumes After DOGS Induced Disruption
The Telegram Open Network (TON) reported a disruption in block production. The platform attributed the issue to an “abnormal load” on the TON blockchain. Emphasizing the root cause, the TON...
Binance vs Nigeria: CEO Disputes Claims, Highlights Naira’s Fall
Binance CEO Richard Teng recently pushed back against the Nigerian government’s accusations against the exchange. The trial is set for September 2, 2024. Teng strongly disagrees with the government’s claims...
California’s Bold AI Safety Bill: Buterin, Musk Endorse, OpenAI Wary
California’s landmark SB 1047 AI safety bill has stirred up debate, with many voicing criticism. However, Ethereum Founder Vitalik Buterin and tech billionaire Elon Musk have backed the significant AI...
Chinese Court Dismisses Crypto Lawsuit, Reaffirms Crypto Ban
Amid the ongoing debate over China’s stance on cryptocurrencies, the East Asian nation has once again made its position clear. A recent ruling by the Wuhan Donghu New Technology Development...
Binance’s Nigeria Nightmare: Fast-Tracked Trial, Ailing Exec
In the ongoing Binance-Nigeria legal battle, the court has moved up the hearing of the money laundering case against the exchange and its two executives. Originally scheduled for October 11,...
Russia’s Crypto Pivot: Focus on Fiat, Not Digital Assets
The crypto community was lit up last week with talk of Russia possibly launching two crypto exchanges. However, the latest report contradicts this, stating Russia is not planning to expand...
New Malware Threat: Cthulhu Stealer Targets Mac and Crypto
Apple Mac systems, known for their strong security, face a new threat: “Cthulhu Stealer.” Cybersecurity firm Cado Security is warning Mac users about this malware, which can steal personal information...
