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Robert Kiyosaki Says Prepare for Hyperinflation — Sees Bitcoin as the ‘Best Protection’
22.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to prepare for hyperinflation, emphasizing that bitcoin is “your best protection.” He perceives the cryptocurrency as “people’s money,” the value of which cannot be controlled by governments. Robert Kiyosaki: Bitcoin...
Circle Launches Bridging Standard for Stablecoin Deployment on New Networks
22.11.2023
Source: Circle In a first-ever announcement in the stablecoin ecosystem, Circle, makers of USDC, has released a bridging standard for its digital token. Making the announcement in a November 21 blog post, the fiat-backed stablecoin maker pointed out the need to help developers bootstrap stablecoin...
Analysis Claims Discovery of Selective Transaction Filtering in Bitcoin Mining Pools
21.11.2023
A recent analysis by 0xB10C, a developer and onchain analyst, has uncovered intriguing findings in the Bitcoin network. The study, which focuses on the mining pools’ transaction selection processes, revealed that certain transactions from U.S. Treasury-sanctioned addresses were missing from...
Uncovering the Next Big Thing: Here’s Why Crypto Whales Are Quietly Betting on This AI Crypto Token
21.11.2023
LPX token offers automated trading and fractionalized alternative assets via Launchpad XYZ’s upcoming AI crypto platform. Image by Launchpad XYZ, X. A new class of cryptocurrencies is emerging that integrates artificial intelligence into underlying blockchain architecture. Dubbed “AI...
DOJ Holds Press Conference on Binance, “CZ” Announces New CEO
21.11.2023
Founder and former CEO of Binance, Changpeng Zhao, announced his replacement today as the Department of Justice held a press conference announcing significant cryptocurrency enforcement actions against his company. Binance makes a “complete exit” Zhao has pleaded guilty to “willfully...
Bitcoin Price Prediction as RFK Jr. Supports Self-Custody Rights – Is Regulatory Pressure Easing?
21.11.2023
Bitcoin, the flagship cryptocurrency, has been demonstrating robust performance, maintaining a strong position above the $37,000 threshold. This bullish trend contributes significantly to the global cryptocurrency market cap, which has recently seen a 0.52% increase, soaring to $1.42 trillion....
Uranium-backed Token Uranium3o8 Goes Live on Uniswap
21.11.2023
Source: Pixabay Uranium3o8, an asset-backed token backed by uranium, has gone live on Uniswap. In a press release published on Tuesday, Bahamian financial advisory firm Sanmiguel Capital Investment Ltd announced that its uranium-backed token had opened for trading on Uniswap, with the goal...
DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal
21.11.2023
The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development...
Best Crypto to Buy Now November 21 – Radix, Klaytn, ApeCoin
21.11.2023
XRD, KLAY, APE, MK, and TGC are some of the best crypto to buy now. Image by cryptonews.com. The XRD price surge and market buzz surrounding Radix, Klaytn, and ApeCoin, along with promising crypto presales like Meme Kombat and TG.Casino, has positioned these as some of the best crypto to buy now....
Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional Funding
21.11.2023
An Africa-focused remittances firm, Zazuu, has become the latest fintech startup to close shop after it failed to raise extra funding. Zazuu and other African fintechs’ funding problems are said to be linked to the collapse of Silicon Valley Bank in the U.S. Zazuu Shuts Down Just Over a Year...
Crypto Miner Phoenix Group’s IPO Sales 33X Oversubscribed
21.11.2023
Source: Brian Wangenheim/Unsplash Multinational crypto mining and blockchain giant Phoenix Group has achieved a significant milestone in its initial public offering (IPO) raise. According to a press release, the mining company was able to close its IPO raise after investors oversubscribed 33 times...
DOJ Announces Aeizure of $9 Million of Tether Tied to ‘Pig Butchering’ Scams
21.11.2023
On Tuesday morning, the U.S. Department of Justice announced the seizure of nearly $9 million worth of Tether linked to “pig butchering” scams that exploited over 70 victims. How the fraudsters did it Originating in Southeast Asia, “pig butchering” is a practice conducted by perpetrators who prey...
US DOJ Seizes $9M USDT As Part Of $225M Frozen By Tether In “Pig Butchering” Crypto Scam
21.11.2023
The DOJ continues its crackdown on cryptocurrency crimes by seizing USDT funds related to a “pig butchering” crypto romance scam. Image by blvdone, Adobe Stock. The US Department of Justice (DOJ) announced today that it seized $9 million worth of the stablecoin USDT related to...
Security Firm dWallet Labs Uncovers Vulnerability with $1 Billion of Crypto At Risk
21.11.2023
Source: Pixabay Blockchain security firm dWallet Labs recently unveiled a vulnerability that it asserts has the potential to impact approximately $1 billion worth of crypto. The security firm published a Medium blog post on Tuesday saying that it had discovered a potential vulnerability...
Blur Founder Launches New Layer 2 Network Blast, Raises $55 Million Within Hours
21.11.2023
Source: Pixabay Blast, Ethereum’s latest Layer 2 network, has gone live in an “early access” mode. In an X post on Monday, Blast announced its intention of becoming the inaugural Ethereum Layer 2 platform to introduce a built-in yield model. The company’s $20 million initial funding round...
Digital Asset Miner Hut 8 Reports 44% Increase in Carbon Credits Amid Sector’s Energy Consumption – Mining Making a Comeback?
21.11.2023
Source: AdobeStock / Photocreo Bednarek Cryptocurrency miner, Hut 8 partnered with Sparta Group’s ERS International to establish neutral carbon emissions in 2025 and has recorded massive wins this year. The Canadian-based crypto miner joined the carbon credit program with a vision toward 2025...
Binance CEO Changpeng “CZ” Zhao Resigns and Pleads Guilty – What’s Going On?
21.11.2023
Changpeng Zhao, the co-founder and CEO of Binance, has pled guilty to violating criminal U.S. anti-money laundering requirements and will forfeit his executive position at the crypto exchange. Expected to appear in Seattle federal court on Tuesday afternoon, Zhao (commonly known as CZ) will...
Surging Altcoins Eclipse Bitcoin’s Gains, Sparking Buzz of an Imminent ‘Alt Season’
21.11.2023
Bitcoin’s value has surged by 23% against the U.S. dollar in the past month, but a vast array of altcoins have seen even more substantial gains, outpacing BTC’s monthly rise. Such trends in smaller market cap coins have sparked proclamations on social media platforms, heralding...
Cambodia’s Bakong Digital Currency Teams Up with Alipay for Expanded Reach
21.11.2023
Source: Adobe / anekoho In a move to enhance cross-border payments, Cambodia’s Bakong digital currency system, a component of the National Bank of Cambodia (NBC), has entered into a memorandum of understanding (MoU) with Chinese payment provider Alipay, Cambodia’s Phnom Penh Post recently...
LBank Unveils Third Launchpad Featuring ACGN Protocol’s AIMEME Token
21.11.2023
PRESS RELEASE. LBank, a globally leading cryptocurrency trading platform, is set to make waves in the digital currency space with the official launch of its highly anticipated Launchpad on November 30, 2023. The focal point of this unveiling is the introduction of ACGN Protocol’s AIMEME...