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Melania Trump Unveils Personalized Mother’s Day Jewelry Plus Solana NFT
22.4.2024
Former First Lady Melania Trump has announced a customizable $245 necklace, “Her Love & Gratitude,” to celebrate Mother’s Day on May 12, 2024; the necklace comes with a flower pendant, an adjustable chain, and options for personalization with names, initials, or dates. Buyers...
SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction
19.4.2024
The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel...
Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation
19.4.2024
Hong Kong customs officers arrested three individuals involved in a HK$1.8 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell companies, with investigations revealing suspicious activities such as abnormally frequent large...
Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security Threats
18.4.2024
Eigenlayer launched on Ethereum’s mainnet with over $12 billion in total value locked, aiming to create a restaking ecosystem which, while promising lucrative prospects, may introduce unforeseen risks including potential centralization and the threat of slashing cascades impacting...
Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement
18.4.2024
Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a four-month absence by paying a $2-million fine, according to The Economic Times. The Indian...
Google Searches for Bitcoin Halving Skyrockets as Major Event Approaches
18.4.2024
The excitement surrounding the upcoming Bitcoin halving has led to a significant increase in Google searches for “Bitcoin halving,” with interest reaching its highest point ever, more than double that of the last halving event in 2020, and is predicted to hit peak popularity....
Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
18.4.2024
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace...
Telegram’s Founder Advocates for Crypto-Inspired Hardware to Boost Secure Communications
17.4.2024
Pavel Durov, the founder of Telegram, has proposed creating crypto-inspired hardware to enhance secure communication and protect privacy, a vision spurred by his unsettling experiences with governments, including attempts by the FBI to interrogate him and coerce a Telegram engineer into embedding...
South Korean Won Overtakes US Dollar as Top Currency in Global Crypto Trading for Q1 2024
17.4.2024
In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea....
Hans Zimmer Composes Anthem for TRON, Coining It the ‘Web3 Generation’ Theme Song
16.4.2024
Academy award-winning composer Hans Zimmer has created an anthem for TRON, founded by the controversial entrepreneur Justin Sun, a prominent figure in the cryptocurrency space known for his brash personality. The Tron Anthem by Zimmer, dubbed the song for the “Web3 Generation,” aims...
Edward Snowden Sounds Alarm on NSA’s Plans to Expand Surveillance Under New FISA Amendment
16.4.2024
NSA whistleblower Edward Snowden has warned that the National Security Agency (NSA) is on the verge of significantly expanding its surveillance capabilities through a new bill amending Section 702 of the Foreign Intelligence Surveillance Act (FISA), potentially allowing the government to compel...
Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
16.4.2024
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such...
Trust Wallet Advises Apple Users to Disable Imessage Amid Fears of Zero-Day Exploit
16.4.2024
Trust Wallet, a crypto wallet provider, has issued a warning for Apple users to disable Imessage, based on “credible intel” about a zero-day exploit available on the dark web for $2 million, which could allow hackers to take control of users’ Iphones without any interaction...
Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge
10.4.2024
Fred Thiel, CEO of Marathon Digital Holdings Inc., suggested that recent spot Bitcoin ETF approvals have accelerated the market’s appreciation, typically expected post-Bitcoin halving, by attracting significant capital into the market. Thiel remarked that this shift has led to an unusual...
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
5.4.2024
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks....
Bitcoin Cash Demonstrates Resilience With Price Increase Post-Halving
4.4.2024
Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $565 just before the halving but later recovering to around $676, marking an 11% increase for the day and nearly 20% for the week. The halving event, which...
Van Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030
4.4.2024
Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in processing capacity, data storage, and computation. Despite acknowledging the potential...
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance
4.4.2024
In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT), BOOK OF MEME (BOME),...
Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase
3.4.2024
The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests...
Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time
3.4.2024
Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...