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Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
4.9.2024
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely...
Cardano Founder Charles Hoskinson on Chang Hard Fork Achievements: ‘This Dwarfs Bitcoin’
4.9.2024
Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of the Cardano ecosystem following its recent Chang update, which enhanced the blockchain to include onchain governance. Hoskinson praised Cardano, stating that it dwarfed Bitcoin...
Trump’s Crypto Platform Hit by Scammers Promising $15,000 Giveaways
4.9.2024
Former U.S. President Donald Trump’s family-backed cryptocurrency platform has been targeted by scammers, leading to over 70,000 users being misled with fake crypto giveaways. Scammers have posted fraudulent ads on the platform’s official Telegram channel, diverting users to a fake group promising...
Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay
4.9.2024
Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites...
Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom
4.9.2024
Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices...
Altcoin Season Chatter Heats up on X, While Index Indicates It’s Still Far Off
3.9.2024
Just ten days ago, Bitcoin.com News highlighted blockchaincenter.net’s Altcoin Season Index (ASI), which was sitting at a modest 22 out of 100. Fast forward to Sept. 3, 2024, and despite all the buzz about the elusive “altcoin season,” the ASI has dipped slightly, now standing...
FBI warns of North Korean ’social engineering’ schemes to steal crypto
3.9.2024
DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware
FBI warns of North Korean ’social engineering’ schemes to steal crypto
3.9.2024
DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware
Russian Foreign Minister States Barter Trade Is Under Consideration for Bilateral Settlements With China
3.9.2024
Russian Foreign Minister Sergey Lavrov has emphasized that a barter trade system could be organized with China to overcome the current settlement problems. Lavrov noted that a similar system was studied by Brazil’s Lula outside the BRICS organization, proposing barter settlements among...
Scroll’s X Post Teases Airdrop; How to Qualify for Free Tokens
3.9.2024
Scroll, an L2 network designed by Ethereum developers and known for its unique technology (ZK Technology), posted a video…
Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative
3.9.2024
Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee mechanism introduced by EIP-1559 and address widespread misunderstandings. Ethereum’s...
Simon’s Cat Token: Can Cats Outshine Dogs in the Memecoin Race?
3.9.2024
Simon’s Cat token, CAT, has made significant gains since its launch on August 23, 2024. Multiple elements have…
2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
3.9.2024
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024...
Riot Platforms urges Bitfarms board changes ahead of crucial October meeting
3.9.2024
Riot Platforms urges further changes to Bitfarms' board, proposing two independent directors ahead of the Special Meeting
Riot Platforms urges Bitfarms board changes ahead of crucial October meeting
3.9.2024
Riot Platforms urges further changes to Bitfarms’ board, proposing two independent directors ahead of a special meeting in October
APES Token Soars 361%: Is $0.10 the Target in 2024?
3.9.2024
As a new gaming token available on the Solana network, the APES token is making waves in the…
Latam Insights Encore: Learning From El Salvador’s Lesson on Using Bitcoin as a Rebranding Tool
3.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how other countries can learn to use bitcoin as a rebranding tool, following El Salvador’s example. Latam Insights Encore: Other...
Crypto platform resumes UK registrations after 10-month FCA compliance pause
3.9.2024
The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection
Crypto platform resumes UK registrations after 10-month FCA compliance pause
3.9.2024
The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection
August sees 215% rise in crypto phishing, $55M lost in single attack
3.9.2024
The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million