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Claudia Sheinbaum elected, Mexico’s crypto policy to continue
4.6.2024
Recently, Mexico witnessed a historical moment when the former mayor of Mexico City, Claudia Sheinbaum, became the country’s first female president. This achievement is significant not only for advancing gender equality in Mexico but also implies that Mexico’s current government...
FLOKI and DOGE mark gains for a rebound
4.6.2024
Top meme coins, including FLOKI, have seen decent gains in recent times. The majority of this pertains to a rise in the market cap since there has been a considerable decline in token value. June has just started, and the month could later turn around for the meme coin segment. It has so far surged...
Shiba Inu (SHIB) could break past June trends this year
4.6.2024
Previous June trends don’t necessarily depict an optimistic picture for Shiba Inu ($SHIB); however, the market believes that 2024 could be different. Previous records show that SHIB has always declined in June. For example, it fell by 4.75% in 2021 and 12% in 2022. This year, the differentiating...
Starkware Aims to Scale Bitcoin Using Zero-Knowledge Technology
4.6.2024
Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions. Starkware Announces Plan to Enhance Bitcoin...
Solana token launch last month was roughly half a million
4.6.2024
As the desire to create a successful memecoin and the reduced barriers to entry became more prevalent, creators launched nearly half a million tokens on the Solana blockchain in May. The previous month saw the development of 455,000 tokens on Solana. In comparison, there were 177,000 tokens...
RACA formally introduces the RACA AI
4.6.2024
RACA officially introduces RACA AI, which is designed to serve as a hardware foundation for blockchain-AI-GPU computation platforms and is backed by the World GPU endless upgrading framework. In RACA’s case, it serves as a governance coin and base for RACA AI. It will play a crucial role...
Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges
4.6.2024
Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023 collapse of key crypto-friendly banks. Deutsche Bank will...
Crypto.com App now offers a new payment facility
4.6.2024
Crypto.com users have the ability to initiate a Strike or UpDown options trade by converting their crypto to American dollars. The new payment facility makes use of any token available in the user’s balance, which is a notable attraction. Another exciting news for crypto enthusiasts is that...
Watford FC Partners With Republic to Offer 10% Stake to Fans and Investors
4.6.2024
The English football team Watford FC has partnered with the digital asset investment firm Republic to sell 10% of the club to fans and investors. Although fans won’t receive voting rights, the stake will provide dividends to holders. Watford FC Collaborates With Republic to Sell 10% Stake...
XRP remains sluggish yet bullish; it only differs in timeline
4.6.2024
Given that the current sentiments are more sluggish than they should be, XRP may be a good investment for the long term. Investors’ interest is fading, as evidenced by the 0.13% decline in the last 24 hours, effective at the time of writing this article. For reference, XRP is listed at $0.5196...
Binance no longer accepts cash for peer-to-peer transactions in India
4.6.2024
Binance’s services were pursued by the cryptocurrency trading community in India to circumvent the government’s tax on cryptocurrency transactions. The new development occurred at a time when the Indian financial agency approved Binance and Kucoin to function as virtual asset providers...
Etrade Investigates Keith Gill’s Gamestop Moves, Social Media Questions Political Insider Trading
4.6.2024
Reports indicate that the online brokerage platform Etrade might be considering removing Keith Gill, known as Roaring Kitty, due to concerns about Gamestop (GME) manipulation. The Etrade news emerged after Gill posted a screenshot of his Etrade account, displaying $65.7 million in Gamestop call...
VeChain’s thriving May: Major developments and community growth
4.6.2024
May has been a significant month for VeChain, as the platform has accomplished significant milestones, garnered a significant amount of attention from supporters, and made positive strides in various industries. Among these progressions, integrating Near Field Communication (NFC) technology into...
E-Trade intends to ban Roaring Kitty for GameStop manipulation
4.6.2024
E-Trade is contemplating the complete prohibition of Roaring Kitty for its involvement in malpractices related to GameStop stocks, which resulted in a substantial 30% increase in shares. The brokerage, which is owned by Morgan Stanley, is contemplating this course of action in light of Gill’s...
US Media Executive Charged in $67 Million Fiat-to-Crypto Money Laundering Scheme
4.6.2024
The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen...
Coinbase donates $25 million to Fairshake’s super PAC
4.6.2024
Coinbase has contributed $25 million towards Fairshake’s super PAC, meant to finance the political campaigning of crypto-inclined congress nominees. This gesture follows similar contributions made by Ripple and a16z to the tune of $25 million to Fairshake recently. The super PAC has now received...
Woman Pleads Guilty to Using Bitcoin for Dark Web Hitman
4.6.2024
In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a website offering “hitman for hire”...
Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime
4.6.2024
The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset...
Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens
4.6.2024
The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The amendments address investment in recognized...
India Repatriates 100 Tonnes of Gold From UK, Aims to Move More
4.6.2024
According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be repeated as India seeks to hold more gold domestically...