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How CBDCs are Ripple’s best chance of mass adoption?
25.4.2024
CBDCs, or Central Bank Digital Currencies, are digital forms of a national currency issued and regulated by its central bank. They constitute a significant breakthrough in the digital economy, as they simplify transactions, resulting in wider financial inclusion. Ripple, one of the most prominent...
SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs
25.4.2024
The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748,909 in prejudgment interest. SEC Seeks Final...
Edward Snowden Defends Crypto Privacy, Criticizes DOJ for Samourai Wallet Arrests
25.4.2024
Edward Snowden criticized the U.S. Department of Justice (DOJ) for targeting app developers aimed at restoring financial privacy, responding to the arrest of the founders and CEO of cryptocurrency mixing service Samourai Wallet on charges related to money laundering and operating without a license....
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
25.4.2024
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew O’Neill, the report outlines the potential for enhanced...
Block Unveils Bitcoin Conversion Feature for Square Merchants
25.4.2024
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their...
OP_CAT Proposal Assigned BIP-347, Aims to Enhance Bitcoin With Ethereum-Style Smart Contracts
25.4.2024
OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed software upgrade. Co-authors Ethan Heilman and Armin...
Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets
25.4.2024
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $745...
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
24.4.2024
Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade...
Crypto expert says $1,000 and $10,000 is fair value for Solana and Ethereum, here’s why
24.4.2024
Crypto experts have weighed in on what they think is a fair value for crypto tokens Ethereum (ETH) and Solana (SOL). This comes amidst the never-ending debate about which is superior between the ETH and SOL networks. While this debate carries on, crypto investors have turned their attention to...
Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges
24.4.2024
The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and recommended that individuals interested...
Alert as 300 million Dogecoin gets shifted to Robinhood
24.4.2024
Whale Alert informed us that an enormous amount of prime meme coins, which also involve 300 million Dogecoin, have been shifted to the Robinhood exchange. This occurrence has taken place at a time when the pricing of Doge has been preparing for a release. Whale Alert spoke of 300,000,000 DOGE...
Prosecutors in the US are contemplating 3 years imprisonment for Zhao
24.4.2024
Prosecutors in the US strongly feel that the founder and ex-chief executive of Binance, Changpeng Zhao, deserves a three-year sentencing, as per a recent filing. In the opinion of the Department of Justice, Zhao’s illegal activities were intentional and deliberate. It was an act carried...
Is the Hype Over for Ethena? ENA Price Falls 35% While This Fresh Bitcoin Venture Starts to Capture Market Interest
24.4.2024
The governance token for synthetic dollar protocol Ethena (ENA) has shed 35% over the last fortnight to trade at $0.919 as of Wednesday, April 24, 2024. That makes for some of the heaviest losses for a top 100 cryptocurrency in the last fortnight. Losses look set to continue, too, as ENA shed about...
Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High
24.4.2024
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level of 88.10 trillion. Bitcoin Miners’ Strength...
Stage 6 presale thrives as Pushd e-commerce courts Cosmos & BNB investors to overtake Amazon
24.4.2024
In the ever-evolving cryptocurrency markets, investors are constantly seeking opportunities that will yield them exponential returns on their investments. Amid this search, Pushd enters the scene with a revolutionary e-commerce platform that makes buying and selling more cost-effective and easy...
Crypto playgrounds – Koala Coin (KLC) with Bitcoin (BTC) and Hedera (HBAR) join market rollercoaster
24.4.2024
In the crypto field, where changes are normal, a new coin called Koala Coin (KLC) has arrived. It’s not just about making money, no. This coin is about having fun, too. Right now, it’s in the presale stage one, with the price set at $0.014, and everyone’s eager to get in on...
Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing
24.4.2024
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance failures at the cryptocurrency exchange. Changpeng...
Binance to phase down BNB Beacon Chain (BEP2) deposits
24.4.2024
The BNB Chain members have communicated that Binance will terminate all operations on the BNB Beacon Chain (BEP2) by June 2024. In line with this decision, Binance has set a deadline for all BEP2 token deposits, excluding Binance-pegged tokens (B-tokens), which must be completed by May 15, 2024,...
Solana & Cosmos investors eye astounding 70x returns from DeeStream’s innovative stage 2 post-Bitcoin halving
24.4.2024
If there’s one thing that is certain, it’s that predicting what the crypto market will do is beyond challenging. When the last Bitcoin halving occurred, most cryptocurrencies saw their prices soar. This time, things have been a little less impressive, with many coins losing significant ground...
As Pepe Price Skyrockets, Watch Out for This Emerging Meme Coin Poised for Exchange Listings — Could It Be the Next 100x?
24.4.2024
Pepe the frog ($PEPE), the fourth largest meme coin by market capitalization and the fortieth largest cryptocurrency overall, has rallied 15% overnight to trade at $0.057865 as of this writing, according to data by CoinGecko. The gains appear to have been largely spurred on by the news last night...