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Australian exchange enlists PayPal as banks ‘close ranks’ against crypto
25.8.2023
The new partnership offers investors extra choice and “mitigates the risks” of Australian crypto banking blocks, said Independent Reserve CEO Adrian Przelozny
Julian Assange campaign to hold metaverse political rally against extradition
24.8.2023
Julian Assange is currently locked in a London jail fighting a four-year court battle against his extradition to the US
Economist Peter Schiff Says Fed Policies Significantly Harm Economy — Warns of More Inflation
23.8.2023
Economist Peter Schiff has warned that the Federal Reserve has gotten its policies wrong for 20 years, which has “significantly harmed the economy and made dire consequences inevitable.” Emphasizing that the Fed cannot win its fight against inflation, he stressed: “The markets...
Against All Odds: Solo Miner Claims $160,000 Bitcoin Block Reward – Here's What Happened
22.8.2023
On August 18, an unexpected event in the Bitcoin mining space took everyone by surprise. A lone miner, not backed by massive computational power, claimed the full reward of 6.25 Bitcoin for solving block 803,821.
In simple terms, the miner earned about $160,000, minus a 2% fee retained by...
XRP Value Plunges 39% Post-SEC Verdict: XRP Army Remains Optimistic Amid Market Turbulence
22.8.2023
It’s been 40 days since the U.S. court issued a partial verdict in the SEC’s case against Ripple. In that timeframe, the digital currency XRP’s value has slumped by a significant 39.43%. Despite SEC’s Interlocutory Appeal and 39% Downturn, XRP Enthusiasts Hold out for...
Official Hints China Could Pit Expanded BRICS Against G7
22.8.2023
China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc will discuss the conditions of adding nations like...
Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin
22.8.2023
A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows
Federal Reserve CBDC Would Threaten Privacy and Freedom, Report Warns
22.8.2023
The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the probable perils associated with the Federal...
Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing
21.8.2023
Lawyers for cryptocurrency exchange Gemini have filed a motion seeking to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In the motion, Gemini argues the SEC has failed to plausibly allege that any securities laws were...
Terra Website Compromised; Developers Warn Against Phishing Scam
21.8.2023
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers
Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review
20.8.2023
Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal a cutting-edge BTC miner at the 2023 World Digital Mining Summit. This...
Gemini files brief in lawsuit against SEC, requests to keep it simple
20.8.2023
In a recent court filing, Gemini continues to press for dismissal in its lawsuit against the SEC, citing unclear allegations and shifting arguments
Bankman-Fried Wants to See His Lawyers Outside Jail Five Days a Week
20.8.2023
FTX founder Sam Bankman-Fried (SBF) is asking to be released from jail five days a week to work on his defense for the fraud trial against him set to begin in October. On Friday, Bankman-Fried’s lawyers complained to a judge in Manhattan that the currently proposed preparation time and regime...
Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets
19.8.2023
In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of more than 11%. Interestingly, within the past...
New Zealand parliamentary report advises against hasty crypto regulation
18.8.2023
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively
Binance considers legal action against Checkout.com as partnership ends
18.8.2023
Binance Connect was shut down on Aug. 16 after Checkout.com discontinued supporting the crypto exchange
Coinbase-Funded Tornado Cash Lawsuit Against Treasury Department Ends In Defeat
18.8.2023
A federal judge in Texas has ruled in favor of the United States Department of the Treasury, delivering a blow to a group of crypto investors and developers who filed a lawsuit to revoke the sanctions placed on Tornado Cash, a cryptocurrency mixing service designed to enhance transaction...
Argentines Flock to Stablecoins Amidst Record Devaluation Numbers
18.8.2023
Argentines are flocking to purchase stablecoins to protect their savings as the peso loses value. Local cryptocurrency sources reported an increase of up to 500% in the crypto volumes moved, mostly in stablecoins like USDT, to shield incomes against the raging devaluation registered after...
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble
18.8.2023
Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S. dollar, teetering dangerously close to dropping below...
Federal Reserve issues enforcement action against FTX-linked US bank
17.8.2023
Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022