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Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression
28.4.2024
Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for...
DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer
28.4.2024
In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert...
Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports
28.4.2024
Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they...
Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet
27.4.2024
After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April 25, Laurentmt, a co-founder of OXT and bitcoin advocate, revealed the closure...
DeeStream Captures the Attention of Crypto Elites: Bitcoin and Dogecoin Investors Eye Paradigm Shift in Streaming
27.4.2024
The Bitcoin halving is in full effect, and the excitement about a potential bull market is palpable across all crypto communities, including Dogecoin. However, while both Bitcoin and Dogecoin might remain good investment targets in 2024, the biggest gains are reserved for promising projects that...
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
27.4.2024
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices...
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
27.4.2024
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term...
The Eroding State of Privacy in the Crypto World
27.4.2024
The balance between privacy and regulatory compliance in the crypto world is increasingly threatened as high-profile cases, such as the sanctions against Tornado Cash and the legal troubles of Samourai Wallet, come to the fore, prompting a robust response from the community and its leaders....
Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023
27.4.2024
According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. The study revealed that half of the institutional investors surveyed were...
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
27.4.2024
Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens
A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’
27.4.2024
Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that...
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
27.4.2024
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred...
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
27.4.2024
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held...
Republic First Bank closed by US regulators — crypto community reacts
27.4.2024
Republic First Bank's 32 branches across the United States will reportedly reopen under Fulton Bank starting next week
Stablecoins Gain Ground as Global Financial Asset
27.4.2024
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in...
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves
27.4.2024
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily...
New AI Meme Coin ICO WienerAI Laps Up $350,000
27.4.2024
Thursday, April 25, 2024 – An enigmatic new presale for crypto’s latest canine sensation, AI meme coin WienerAI ($WAI), has already attracted over $350,000 in its first fortnight, as investors pile in for a tokenized piece of Ethereum’s new cybernetic sausage dog. WienerAI recalls another...
Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot
27.4.2024
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected...
Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic
27.4.2024
With major cryptocurrencies trading with a bearish bias on Friday, investors are scouring altcoins markets for the best crypto to buy now for quick gains.
The post Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic appeared first on Cryptonews
Cardano Investors Swing to This Exciting Virtual Reality ICO, Chasing Potential 2,300% Profits
26.4.2024
As the Cardano (ADA) price struggles to gain traction, investors are swinging to an exciting virtual reality ICO called 5thScape (5SCAPE) as they chase potential 2,300% profits.
The post Cardano Investors Swing to This Exciting Virtual Reality ICO, Chasing Potential 2,300% Profits appeared first...