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Paraguayan Authorities Shut Down 2,700 Miners in Largest Anti-Illegal Bitcoin Mining Intervention to Date
31.5.2024
Paraguayan authorities detected and shut down an illegal bitcoin mining farm that had over 2,700 miners connected directly to the country’s power grid. The operation, carried out in the city of Saltos de Guaira and situated near a national power facility, was deemed by authorities as the largest...
Smart crypto trader who made $2.7 million on Donald Trump’s MAGA coin reveals the next 100x runner
31.5.2024
Known only by their wallet “0x303”, a smart crypto trader made $2.7 million from the MAGA (TRUMP) meme coin, etching their presence into the annals of crypto lore just before the start of what is looking to be the beginning of the bull run. In search of the next crypto goldmine, this savvy trader...
Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day
31.5.2024
Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket
Crypto market braces for $875M token unlocks in June
31.5.2024
Nearly $875 million in crypto tokens from projects like Aptos, Arbitrum, Starknet and Sui will be unlocked in June as vesting periods end
Trading revenue of Coinbase facing pressure as crypto market matures
31.5.2024
The consumer trading volume of Coinbase has dropped to $56 billion in the first quarter of 2024. This is in comparison to the fourth quarter of 2021, a time when the crypto market was experiencing a massive bull run. This is credited to the market attaining maturity since the approval of the Spot...
Vitalik Buterin is 'giantly important' to Ethereum’s future: Experts weigh in
31.5.2024
Fellow co-founder Joseph Lubin and other industry experts highlight Vitalik Buterin’s role in Ethereum’s future, emphasizing his ongoing influence and contribution to the space
$8.2B in Bitcoin and Ether options expire, here’s how it could impact the markets
31.5.2024
The total OI notional value for all outstanding BTC options contracts is $19 billion
Legal fees skyrocket in high-profile crypto bankruptcies
31.5.2024
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis
Crypto wallets, explained
31.5.2024
Crypto wallets, which act like wheels for the digital asset ecosystem, are now incorporating tech innovations such as biometrics, DID, AI and smart contracts
Ripple Report: Crypto and CBDCs Transforming Global Payments
31.5.2024
Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transformation with a shift towards crypto-powered...
Hong Kong officially kicks out all unlicensed crypto exchanges
31.5.2024
This regulatory crackdown underscores the SFC's commitment to fostering a secure and transparent environment for virtual asset trading
Robinhood Introduces Crypto Trading API
31.5.2024
Robinhood, the popular investment and trading platform, has announced a significant upgrade for its crypto customers in the United States. Users can now leverage Robinhood’s newly introduced Crypto Trading API to view real-time crypto market data, manage their portfolios and account information...
Open sourcing lets developers explore beyond initial ideas: Trust Wallet
31.5.2024
Trust Wallet’s head of engineering, Luis Ocegueda, discusses Barz, an open-source smart wallet solution compatible with ERC-4337
McHenry urges Senate to pass FIT21 crypto bill before election
31.5.2024
The United States House’s widely positive vote on the crypto-regulating FIT21 bill should be “a wake-up call” to the Senate to quickly pass it, says Rep. Patrick McHenry
Circle Officially Launches in Brazil, Partners With Latam Giants BTG Pactual and Nubank
31.5.2024
Circle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding and distribution services for Brazilian companies....
Bitcoin firm, Texas university partner for $5M endowment fund
31.5.2024
Bitcoin financial services firm and UATX plan to raise $5 million to invest in BTC for the next five years
Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison
31.5.2024
David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure...
Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model
31.5.2024
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in...
Warren prods drug agencies about crypto links to fentanyl trade
31.5.2024
Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry
SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox
31.5.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both...