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Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
14.5.2024
The onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance....
Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments
14.5.2024
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures...
Report Reveals Chinese Workers Converting Earned CBDC To Cash
13.5.2024
Workers in China are not very enthusiastic about the digital money issued by the nation's central bank (CBDC). According to a research published on May 13, several employees who receive their pay in digital yuan (e-CNY) quickly turned the asset into fiat money.
The post Report Reveals Chinese...
China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
13.5.2024
Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash
Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report
13.5.2024
Police in Panshi City, Jilin arrested six people for running an "underground bank."
Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests
13.5.2024
The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of advancements in the cryptocurrency market. The U.S. Securities...
Chinese workers paid in CBDC are cashing it out for real money: Report
13.5.2024
Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency
Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners
13.5.2024
Russian energy firms are preparing to “hunt down” and crack down on people mining cryptoassets at home, a report claimed on May 12.
The post Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners appeared first on Cryptonews
Apple finalizing deal with OpenAI for ChatGPT iPhone integration: Report
12.5.2024
If both parties seal the deal, ChatGPT is expected to make its way into Apple's next operating software update, iOS 18
Binance to be under FRA surveillance for next 3 years: Report
11.5.2024
International consultancy firm Forensic Risk Alliance will reportedly closely oversee all compliance activities of cryptocurrency exchange Binance
International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms
10.5.2024
The International Monetary Fund (IMF) has recommended Nigeria regulate crypto trading platforms, a new staff report by the United Nations’ financial agency released Thursday states. The country has been under increased international scrutiny for the detainment of two Binance executives after...
Stand With Crypto Launches PAC To Back Pro-Crypto Politicians Ahead of November Elections: Reuters
10.5.2024
Digital asset advocacy group Stand With Crypto has launched its own political action committee (PAC) set to back pro-crypto politicians a Friday report from Reuters reveals. News of the PAC comes as crypto continues to be a significant concern for voters the lead-up to the November 2024...
IMF backs Nigeria crypto adoption amid local SEC crackdown
10.5.2024
The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment
Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report
10.5.2024
The Ethereum layer-2-based Gains Network was vulnerable to having all of its funds drained, according to Zellic.
The post Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report appeared first on Cryptonews
Bugs in Gains Network fork let traders profit 900% on every trade: Report
9.5.2024
An attacker could have placed a limit buy order with an arbitrarily high open price to automatically win every trade, the Zellic security platform discovered
Binance Denies Allegation Of Market Manipulation From DWF Labs
9.5.2024
Binance is retaliating against the May 9 accusation made against the platform by DWF Labs. This comes after a sensational Wall Street Journal (WSJ) report that stated Binance fired a worker who discovered proof of market manipulation by DWF Labs, a significant market on the trading platform.
The...
AI Crypto Coins Rally Begins Ahead of NVIDIA’s May 22 Earnings, This Lesser-Known Coin Poised for Biggest Surge
9.5.2024
Many crypto tokens attached to top AI/blockchain projects are rallying hard ahead of Nvidia’s earnings report on May 22. Nvidia is the premier AI play in the stock market. The stock has an eye-watering market capitalization of $2.2 trillion and some of the highest returns of any asset....
Report: Xbox Closing Studios Blamed On Too Many Games
8.5.2024
After shutting down multiple Bethesda studios, Xbox and Bethesda leadership held a town hall meeting with staff to discuss the closures, explaining that the company’s studios had been spread too thin and that it wanted to focus on fewer projects moving forward.Read more
Donald Trump Set To Dine With NFT Buyers At Mar-a-Lago: Report
8.5.2024
Republican presidential frontrunner Donald Trump is scheduled to dine with purchasers of his Trump “Mugshot Edition” NFTs Wednesday at his Mar-a-Lago estate, Axios has reported. News of the dinner comes as the former U.S. president faces 34 counts of falsifying businesses charges in relation to...
Solana could flip Ethereum in transaction fees within a week: Report
8.5.2024
The potential flip could further cement Solana’s status as an “Ethereum-killer,” which has been questioned due to the recent network outages