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Scientists breach cryptographic algorithms with quantum computer: SCMP
14.10.2024
Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
14.10.2024
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing...
Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7
14.10.2024
Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman...
Brazillian Central Bank Invites New Participants to CBDC Pilot Program
14.10.2024
The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the project’s second phase. Thirteen use cases have been confirmed, including carbon credits, agricultural bonds, and foreign trade platforms. Brazilian...
'Bitcoin' search volume drops to a yearly low, while 'memecoin' surges
13.10.2024
Memecoins experienced double-digit gains during September 2024, primarily driven by new token creation on the Solana and Tron networks
Report: GOAT Meme Coin, Created by AI Bot, Gains Massive Value Over the Past Day
13.10.2024
A meme coin named GOAT, issued by an artificial intelligence (AI) bot known as “Truth Terminal,” has gained significant traction with a dramatic rise in value. According to a report published by chaincatcher.com, authored by Deep Tide Techflow, on Oct. 11, the meme coin achieved...
Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund
13.10.2024
The fund will support protocols targeting the Move programming language and interoperability with the Ethereum ecosystem.
Security Tokens (STOs) vs Utility Tokens: Key Differences Explained
13.10.2024
The world of blockchain and cryptocurrency is vast and ever-evolving, with various token types emerging to serve different purposes. Two […]
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ZachXBT claims there is an uptick in thieves targetting crypto traders offline
13.10.2024
Online software development platform GitHub has a list of at least 15 recorded incidents of in person crypto theft in the last year, around 17 in 2023, and 32 in 2021.
The Global Liquidity Cycle and Its Implications for Crypto
13.10.2024
This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished, The newsletter also includes the biggest stories of the week with a comment on each story. Liquidity Rising The global liquidity cycle has come...
South Africa’s Tax Agency Adds Crypto to Compliance Programs
13.10.2024
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue collector urged taxpayers concerned about...
Crypto Companies paid $19B in Settlements to US Regulators in 2024
13.10.2024
Since 2019, US regulators have collected a total of $31.92 billion in settlements against 25 crypto companies.
Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse
13.10.2024
Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only...
Latam Insights: Venezuela Reaches Crypto Milestone, Consortium Announces Real Stablecoin
12.10.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Chainalysis states Venezuela was the country where cryptocurrency markets grew most last year, Brazilian giants team to launch a real-pegged stablecoin,...
Bitcoin ETFs Climb With $253M Inflows as Ethereum Funds Show Weakness
12.10.2024
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains...
Analysts Consider These 2 Chains Might Become Ethereum Killers
12.10.2024
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to...
Top Crypto Trader Backs Pepe Unchained to Outperform NEIRO, Forecasts 100x Gains
12.10.2024
A new meme coin is going viral – and has raised $18.6 million before officially launching. Pepe Unchained (PEPU) is turning heads across the crypto space, with one top trader backing it to outperform NEIRO once it goes live. The trader even suggested PEPU holders could be in line for 100x...
British man sues council for $647M over lost Bitcoin in landfill
12.10.2024
James Howells continues his legal battle for 495 million British pounds ($647 million) in damages after Newport City Council blocked his landfill excavation request
Blockchainarmy Founder President Erol User Aims to be Leading One in AI Daily Use
12.10.2024
Blockchainarmy Founder President Erol User says that we, as Blockchainarmy, are very happy to be a Part of…
SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner
12.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led...