Cryptocurrency
El Salvador Mines Bitcoin Using Volcano Power, Boosting Holdings
El Salvador has substantially increased its Bitcoin holdings by mining nearly 474 bitcoins in the last three years. This achievement, powered by the country’s geothermal energy plants, elevates the government’s...
Falcon Labs Fined $1.7M for Illegally Funneling U.S. Users into Crypto
The U.S. CFTC has made a significant crackdown on the crypto industry, taking enforcement action against Falcon Labs, a Seychelles-based crypto prime brokerage firm. As per a press statement on...
Coins.ph to Trial Stablecoin in Philippines’ Remittance Market, Here’s Why
The financial realm of the Philippines stands on the brink of change as the central bank gives the green light to Coins.ph to experiment with a groundbreaking stablecoin in the...
XRP Analyst Forecasts the Next Cycle Top for September 2024
Popular crypto expert EGRAG Crypto, known for his XRP analysis, shared a forecast regarding XRP’s “Super Guppy Cycle Top” in September 2024. EGRAG’s analysis compared the current cycle to past...
Cryptocurrency Developers Fight Back Against DOJ’s Money Transmission Stance
The recent policy arguments put forth by the U.S. Department of Justice (DOJ) regarding the scope of Federal prohibition on operating an unlicensed money transmitting business have sparked significant concerns. ...
US Expels Chinese Crypto Firm from Land Near Wyoming Nuclear Missile Base
US President Joe Biden prevented a Chinese crypto firm, MineOne Partners Ltd., from owning land located near the F.E. Warren Air Force Base. As the Wyoming Air Force base houses...
DEGEN Token Holds Strong Despite Degen Chain’s Block Production Halt
Wu Blockchain, a crypto news reporter, brought to light that the L3 blockchain Degen Chain has halted block production for more than 11 hours, with the reason behind it still...
BounceBit Mainnet Launches Amid Phishing Scam Alert
BounceBit, a Bitcoin restaking protocol, is set to launch its mainnet today, accompanied by the issuance of BB token airdrops. However, the excitement surrounding this milestone is dampened by a...
Panshi Underground Bank Busted: Over 2 Billion Yuan in Transactions
Police in Panshi City of the Jilin Province have successfully cracked down on a large-scale underground bank operation involving virtual currency, with the total transaction amount exceeding 2.14 billion yuan...
Uniswap Founder Urges Joe Biden To Reverse His Stance on Crypto
Uniswap Founder Hayden Adams, in his recent X post, raised the alarm over US President Joe Biden’s approach to cryptocurrencies. Adams pointed out that Biden and other Democrats’ alleged anti-crypto...
Feds Governor Foresees Continued Pause With Interest Rate Cuts in 2024
According to reports, Federal Reserve Governor Michelle Bowman said she doesn’t expect the Fed to cut interest rates in 2024. Bowman cited persistent inflation in the first several months of...
Mark Cuban Criticizes SEC’s Regulatory Policies, Prefers CFTC’s Authority
In response to Republican Presidential candidate Donald Trump’s public embrace of cryptocurrencies, American television personality Mark Cuban spotlighted the necessity of clear crypto regulations. Cuban criticized the Securities and Exchange...
Canadian Financial Watchdog Fines Binance $4.4M Over Policy Breaches
Canada’s financial crime watchdog, the Financial Transactions and Reports Analysis Centre (FINTRAC), has fined Binance, the world’s largest cryptocurrency exchange by trading volume, a hefty penalty of 6 million Canadian...
Floki Named Title Sponsor of International Sports Tournament
Floki, a dog-themed meme coin, is making its mark on the sports arena by securing sponsorship for an upcoming three-match cricket series between Ireland and Pakistan, slated to kick off...
Cardano’s ADA Rallies Amid Bullish Market Projections
Cardano’s ADA has recently faced significant scrutiny, creating a stir within the crypto community. The token has long struggled to breach critical price barriers, suffering a monthly decline of over...
Near Protocol’s Official X Account Sparks Concern with Cryptic Posts: Is It Compromised?
Near Protocol’s recent cryptic X posts from its official account have sparked speculation and concern within the crypto community. The posts, which include messages like “Darkness is coming” and “reclaim...
Hong Kong Businessman and Son Implicated in Cryptocurrency Investor Abduction
A Hong Kong businessman and his son were arrested in the investigation of a cryptocurrency investor’s abduction. The pair, aged 70 and 30 respectively, surrendered to police on Wednesday afternoon...
Global Crypto Volumes Tank by 44% to $6.58T First Time in 7 Months
In April, the crypto market saw its trading volume dip for the first time in seven months. CCData, a digital assets data firm, reported that the combined volume across spot...
Trump Promises a Good Crypto Future, Seeks Crypto Enthusiasts’ Support
In a recent development, former US President Donald Trump has reignited optimism in the future of crypto in the United States if he is elected in the upcoming Presidential Election....
Lido DAO’s LDO Surges Over 3% in a Day, Eyes Bullish Rally Post-Consolidation
In an upturn in the crypto market, Lido DAO’s LDO token has captured the attention of investors by securing the second spot among today’s top gainers. As the trading day...
Bitcoin Bullish Signals Ahead As Analyst Deciphers Market Resilience
Daan Crypto Trades, a full-time crypto trader and investor, offers a pragmatic perspective on Bitcoin’s recent price fluctuations. Despite market euphoria and apprehension, Daan Crypto emphasizes the importance of patience...
Swing Voters Divided on Crypto’s Role in Fixing Outdated Financial System, Survey Reveals
Swing Voters Skeptical of Crypto’s Potential to Solve Financial System Woes, Survey Finds A recent survey conducted in six swing states reveals that while a majority of voters view the...
Indonesia Sets up Crypto Committee to Oversee Industry Operations
Indonesia Commodity Futures Trading Regulatory Agency, Bappebti, has set up a special committee to monitor the country’s growing cryptocurrency sector. Plt. Head of CoFTRA Kasan disclosed this information during the...
Trump Dines with NFT Buyers Amid Legal Battle Break
Former President Trump’s unconventional foray into the world of non-fungible tokens (NFTs) continues to make headlines, with reports emerging of a lavish Mar-a-Lago dinner scheduled with supporters who splurged thousands...
Crypto Venture Capital Surpasses $1 Billion Mark for Second Consecutive Month
For the second month in a row, venture capital investment in the cryptocurrency sector has exceeded $1 billion, indicating the market’s continuous expansion. April saw a total of $1.02 billion...
