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Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
13.5.2024
Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event.
The...
Historian Yuval Noah Harari Expresses Skepticism About Bitcoin, Calls It ‘A Currency of Distrust’
13.5.2024
Last week at the BIS Innovation Summit 2024, Israeli historian, philosopher, and bestselling author Yuval Noah Harari shared his views on bitcoin and electronic currency. During his presentation, Harari emphasized his disapproval of bitcoin, stating it is its money “built...
Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges
13.5.2024
If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said
House overturns SEC’s anti-crypto guidance, Biden to veto: Law Decoded
13.5.2024
U.S. President Joe Biden may block the U.S. House of Representatives’ decision
Uniswap CEO warns US President to reverse course on crypto policies
13.5.2024
Hayden Adams suggested that crypto policies from the SEC and Senator Elizabeth Warren could hurt President Joe Biden’s chances for a second term
Belarusian President Claims Decline in US Dollar and Euro Use Globally
13.5.2024
Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that this shift is not limited to Belarus and Russia, but is observed worldwide....
U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
13.5.2024
A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses
More crypto AI alliances emerge following $7.5B token merger
13.5.2024
Many crypto projects have integrated AI as part of their everyday routine since the introduction of LLMs last year
Uniswap Founder Wants A Reversal To Biden’s Position On Crypto: Here’s Why
13.5.2024
Uniswap founder Hayden Adams believes that President Joe Biden's strict crypto regulations may make his reelection campaign vulnerable. Adams forewarned the administration on May 13 about the possible repercussions at the polls in November.
The post Uniswap Founder Wants A Reversal To Biden’s...
100x crypto projects for May; BlockDAG & this Cardano (ADA) alternative among top buys; more on ETH price speculation
13.5.2024
As the crypto market evolves, standout projects like Ethereum, Hump Token, and BlockDAG are attracting investors with their unique potential. Ethereum is reinforcing its foundation above the $3,000 threshold, promising a bullish outlook. Hump Token, a Cardano alternative, is captivating those...
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
13.5.2024
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto...
MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections
13.5.2024
MoonPay is donating $1 million to digital advocacy group Stand With Crypto ahead of the 2024 elections, the company confirmed to Crypto News Monday. The crypto payment service provider's donation comes on the heels of news that Stand With Crypto has launched a PAC to dunk pro-crypto candidates...
GameStop's Halting Rally Has Crypto Howling
13.5.2024
OKX surpasses 50% of Bitcoin Runes market share
13.5.2024
The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
13.5.2024
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users...
Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT
13.5.2024
Bahrain-based crypto exchange Rain fell victim to a $14.8 million exploit, according to blockchain sleuth ZachXBT
SEC Rejects Coinbase’s Call for New Crypto Regulations
13.5.2024
In a recent legal filing, the U.S. Securities and Exchange Commission (SEC) pushed back against Coinbase’s demands for a completely revamped regulatory framework for cryptocurrencies. The agency argued that existing rules are adequate and that it’s not required to create new regulations from...
AI Agents Will Drive the Next Wave of Crypto Adoption
13.5.2024
Crypto agents are here already and they will get more and more advanced until we use them to run our financial lives, says Luke Saunders, CTO at Delphi Labs
No, Hong Kong's Crypto ETFs Aren't Available in Mainland China
13.5.2024
The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls
$68M in crypto retrieved after ‘Dust’ attack scare
13.5.2024
An unbelievable event happened: someone who had put money into a cryptocurrency could get back $68 million worth of wrapped bitcoin (WBTC). This results from an attack on their digital wallet on May 3. Despite the role of such a significant theft as an object, there is no grudge from an investor...