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Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims
6.2.2024
A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...
20+ Best VPN-Friendly Casinos for 2024
5.2.2024
Virtual Private Network or VPN-friendly casinos are a very popular choice for many gamblers. VPNs solve a lot of the problems gamblers face when it comes to online gambling, from geo-locks when traveling abroad to privacy concerns. But how can you be sure that the VPN casino you chose is worth your...
dYdX Unlocks Over 33 Million Tokens: Pump or Dump? Bullish Metrics Found in Algorand (ALGO) and InQubeta (QUBE)
5.2.2024
The dYdX (DYDX) token unlock continues, with the 33 million coins, worth approximately $90 million, unlocked on February 1. This is on the back of the previous unlock on January 23rd, which is set to continue for the next five months. The frequency and size of these new token releases have raised...
Reserve Bank of India Furthers CBDC Efforts: Report
2.2.2024
The Reserve Bank of India (RBI) is now exploring tech solution for privacy concerns of central bank digital currency (CBDC). According to an insider who is familiar with the government’s CBDC moves, India is making progress in CBDCs with caution. The unnamed source told CoinDesk that the central...
House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal
2.2.2024
Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule on digital consumer payment applications. This...
Crypto Lawyer Reveals Fed’s Involvement in ‘Operation Chokepoint’ on Digital Assets
1.2.2024
Image Source: Jimmy Aki, Midjourney On January 31, popular crypto lawyer James Murphy exposed subtle anti-crypto moves by the US Federal Reserve against crypto custody firm Custodia Bank. ‘Master Account’ Approval Takes Forever In a post on X (formerly Twitter), James “MetaLawMan” Murphy revealed...
US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns
1.2.2024
Following the U.S. central bank’s decision to keep the federal funds rate unchanged, the turbulence in the commercial real estate market has sent shockwaves through the country’s banking sector and internationally as well. On Thursday, New York Community Bancorp witnessed a further...
EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’
1.2.2024
The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this request on the grounds that “public harm...
Singapore Authorities Raise Concerns Around Crypto Draining Kits
1.2.2024
Singapore police authority and the Cyber Security Agency of Singapore have raised concerns around cryptocurrency draining kits. In a joint statement, the authorities warned that cybercriminals are increasingly leveraging cryptocurrency drainers and targeting owners of digital wallets. (1/2) As...
XRP Price Prediction as On-Chain Data Suggests Ripple is Hacked for $100 Million – Is XRP Going to Crash?
31.1.2024
The XRP (XRP) price has rebounded back above $0.51 following downside earlier in the day on concerning reports that a key Ripple Labs executive had been hacked for XRP tokens worth over $100 million. Concerns about the security of XRP creator Ripple Labs XRP holdings, combined with concerns that...
Hong Kong Initiates Probe into Worldcoin Over Privacy Fears
31.1.2024
OpenAI CEO Sam Altman’s Worldcoin project continues to raise privacy concerns — and is now under probe in Hong Kong. Local media outlet HKET reported that Hong Kong’s data protection authority investigated six Worldcoin booths, using a court warrant on Wednesday. They also requested the operators...
UK's Digital Pound Approach Should Help Manage Privacy Concerns, Experts Say
31.1.2024
The U.K.'s approach to handling privacy concerns posed by a digital pound should help quench concerns, according to interviews with a wide range of crypto industry legal and technical insiders
Experts Warn of Financial System Risks as Bitcoin ETFs Bridge Gap between Crypto and TradFi
31.1.2024
The recent launch of exchange-traded funds (ETFs) tracking Bitcoin (BTC) has sparked concerns among experts about the potential risks that could emerge as cryptocurrencies become further intertwined with the traditional financial system. The Securities and Exchange Commission (SEC) approved 11 spot...
Best Crypto to Buy Today January 30 – Bittensor, Sui, Sei
30.1.2024
With cryptocurrencies in a bullish mood on Tuesday, investors are on the hunt for the best crypto to buy today. Bitcoin (BTC) continues to hold at two-week highs the mid-$43,000s, comfortably above its 21 and 50DMAs. Concerns about Grayscale sell pressure has faded this week as outflows from GBTC...
Exclusive: Anza Co-Founder Responds to Solana Centralization Concerns
30.1.2024
The Solana blockchain crew has moved some team members from one of its divisions to a new entity called Anza. Anza co-founder Jeff Washington, a former engineer at Solana Labs, announced this move on Tuesday, revealing the team’s focus on improving the performance of a Solana Labs validator...
Floki and TokenFi Staking Halted Following Hong Kong Regulatory Concerns
30.1.2024
The Floki Inu cryptocurrency team has decided to halt its Floki and TokenFi staking programs in Hong Kong following a warning from the Securities and Futures Commission (SFC), which listed them as “suspicious investment products.” This response comes after the SFC warned users about...
Stellar Development Foundation Votes to Delay Protocol 20 Upgrade Amid Bug Concerns
30.1.2024
The Stellar Development Foundation wishes to put a hold on the upcoming Protocol 20 upgrade of the Stellar blockchain network, originally scheduled for January 30. This decision follows the discovery of a bug that could impact the Soroban smart contract transactions. Stellar Development Foundation...
Bitcoin Price Pumps Above $43,000 as BTC Bulls Regain Control – Here’s What to Watch This Week
29.1.2024
The Bitcoin price pumped back to the north of the $43,000 level for the first time in two weeks on Monday as the BTC bulls regained control, with sentiment strengthening due to easing concerns about Grayscale sell pressure, and as new bullish bets come in. Grayscale’s GBTC has been hit by heavy...
Coinbase Grapples with Regulatory Challenges, Analysts Forecast Volatility Ahead
29.1.2024
Bitcoin’s recent decline of more than 10% following the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) has not only impacted the crypto market but also raised concerns for companies like Coinbase, according to an analyst. Coinbase stock pricing has shown...
New Scam: Fake Patreon Accounts Used to Promote Malicious Crypto Projects
29.1.2024
Crypto users have raised concerns about a surge in phishing emails with crypto-themed content, originating from the popular content creator platform Patreon. According to reports on social media platforms such as X and Reddit, scammers are signing up users’ email addresses for Patreon...