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Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs
7.5.2024
Kenyan President William Ruto has announced that his government has appointed Marathon Digital, a U.S.-based Bitcoin mining company, as its consultant.
The post Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs appeared first on Cryptonews
Cartier Jewelry Heir Busted for Laundering Money with Crypto
6.5.2024
An heir to the Cartier empire was arrested last week by the US Justice Department (DoJ). He was accused of utilising Tether's USDT stablecoin to launder the proceeds of drug trafficking. The charges indicate a unique convergence of powerful individuals and cryptocurrency-related criminal...
Unearthed Government Report Found SEC Lacking “Effective” Cybersecurity Programs Two Weeks Before X Hack: Fox
6.5.2024
The United States Securities and Exchange Commission (SEC) received a report from the Office of Inspector General (OIG) alleging that its cybersecurity program was lacking just two weeks before the commission was hacked on January 9, Fox Business reporter Eleanor Terrett has learned. News of...
Bitcoin Wallet Comes Alive After Over a Decade of Inactivity
6.5.2024
After ten years of inactivity, a Bitcoin wallet has returned to operation, moved 687.33 BTC to private wallet addresses on May 6, sparking speculation about a selloff among bitcoin enthusiasts.
The post Bitcoin Wallet Comes Alive After Over a Decade of Inactivity appeared first on Cryptonews
Jack Dorsey Leaves BlueSky Board, Touts 'Freedom Technology' of X and Nostr
6.5.2024
Former Twitter CEO turned crypto entrepreneur Jack Dorsey is no longer a board member at BlueSky, the social network startup that he started backing in 2019 in an effort to decentralize social media
Robinhood Hit With Wells Notice By SEC
6.5.2024
Robinhood found itself in hot water with the United States Securities and Exchange Commission (SEC) this weekend after the digital asset trading platform reportedly received a Wells Notice from the federal agency amidst its crackdown on crypto, a new court filing alleges.
The post Robinhood...
YouTuber MrBeast Splits From Talent Management Company: Report
6.5.2024
YouTube’s biggest creator, Jimmy “MrBeast” Donaldson, is going through some changes. A year ago, he said that the pacing of his videos would slow down as he tried out a new editing style. That hasn’t exactly come to fruition just yet, but a new Semafor story indicates that MrBeast’s desire to shake...
Shibarium Tech admin fights misinformation on auto-burn feature
6.5.2024
The administrator of Shiba Inu’s Shibarium Tech’s Discord and Telegram channels is up in arms against the lies being spread regarding their pledge towards the auto-burn function to be introduced. He sincerely feels all this is taking the focus away from furthering Shaibarium, which is...
FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763% Returns
6.5.2024
The crypto token for exclusive new decentralized social media platform Friend.tech has taken a sudden hit of 4.3% in the last hour as various other leading cryptocurrencies also begin posting red candles.
The post FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763%...
First Polygon Network bond issued via blockchain-based Debt Protocol ‘Obligate’
6.5.2024
Obligate has issued bonds using the Polygon blockchain without the involvement of any banks. Muff Trading AG, a Swiss-based physical commodities trading firm specializing in metal sourcing, issued the bonds. Muff Trading AG used the Obligate marketplace to tokenize bonds. The size and terms...
Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’
6.5.2024
Bitfinex's chief technology officer, Paolo Ardoino, has dismissed claims by hacking group Fsociety, that allege a breach of the cryptocurrency exchange's database.
The post Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’ appeared first on Cryptonews
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
6.5.2024
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi
Base launches second Onchain Summer to boost blockchain user Base
6.5.2024
Base, which is Coinbase’s Layer 2 blockchain, greets the second replay of its Onchain Summer, via which it will reach out to developers to add users to the blockchain. In order to commemorate the event, Base plans to organize an online hackathon from the 3rd of June till the 3rd of July...
Crypto Now Has a 'Neighborhood Watch' to Guard Against Hacks
6.5.2024
Justine Bone, a cybersecurity firebrand whose research led to recalls of half a million faulty pacemakers, leads the new information-sharing and analysis center for crypto firms
First Bitcoin-backed synthetic dollar to launch with 25% yield
6.5.2024
USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?
Solr Network launches user-friendly token creator for Solana blockchain
6.5.2024
Solr Network has delivered its Token creator targeting the Solana blockchain, through which users can easily build and control customized tokens. It comes with its package of effectiveness, cost-effectiveness, and safety factors. With the help of the Token Creator, users will be provided...
Discover the future Of finance at WFC FinTech 2024 Singapore
6.5.2024
WFC FinTech 2024 Singapore is poised to revolutionize the landscape of finance and technology on June 25-26, 2024. As the premier event in the region, it promises an immersive experience for industry enthusiasts, thought leaders, and innovators alike. Outline of the event As the leading hub...
Study reveals bots and big traders dominate stablecoin transactions
6.5.2024
A recent study has shed light on a startling trend within the cryptocurrency market, most transactions involving stablecoins are driven not by genuine users but by automated trading bots and large-scale traders. The findings, which raise questions about the true nature of stablecoin usage and...
Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch
6.5.2024
An Australian Federal Court mostly ruled in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme, on Friday
Bitcoin Runes reclaims dominance over BTC transactions
6.5.2024
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network