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EIA Begins Probe on Crypto Mining’s Energy Use Following White House Directive
5.2.2024
The energy demands of crypto mining in the United States have rapidly increased over the past four years, according to a February 1 press release from the Environmental Impact Agency (EIA). The EIA has been working under strict directives from the White House to gauge the energy consumption of...
Is It Too Late to Buy Flare? FLR Price Pumps Up 15% as Viral New Meme Coin Hits $8 Million Milestone
5.2.2024
Promising EVM project Flare Network has seen its price pump +15% in a strong push, but can FLR price analysis reveal whether it’s too late to buy Flare? And could this other viral coin be next? The sudden pump comes as Flare price retains bullish poise in technical structure, with the move...
Is Script Network (SCPT) a Good Investment this week?
5.2.2024
  Crypto investors are constantly on the lookout for promising opportunities that offer a unique blend of innovation, utility, and growth potential. Script Network ($SCPT) has emerged as a noteworthy player, captivating the interest of the crypto community with its distinctive features. With...
Bitcoin (BTC) users pouring into DeeStream (DST) last week as Ripple (XRP) holders are selling
5.2.2024
  Can anything ever get better than Bitcoin (BTC)? Bitcoin (BTC) has long established itself as the leading cryptocurrency in the world. However, a new coin, DeeStream, has got Bitcoin (BTC) users pouring into its project in droves. Not just that, Ripple (XRP) holders are selling off their...
Ex-Terraform Labs CFO Chang-joon Extradited to South Korea- What’s Going On?
5.2.2024
Han Chang-joon, the former Chief Financial Officer of Terraform Labs has been extradited to South Korea by Montenegrin Police after the completion of his jail term. A Feb 5 official release from the country’s police administration says Chang-joon has been extradited to South Korea citing a decision...
eTukTuk (TUK) Presale Sees Hundreds of Thousands Invested as Project Backers Make The Most of High Staking Rewards
5.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. eTukTuk is leading the green AI revolution with its innovative and eco-friendly transportation solution. As one of the hottest crypto projects in 2024, the eTukTuk’s TUK token presale has already...
AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution
5.2.2024
AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future. In a reaction to widespread criticism of handling a recent airdrop, the executive took to X (formerly...
XRP Price Prediction as ChatGPT Says XRP Will ‘Blow Past’ All 2024 Forecasts – Here’s Why
5.2.2024
The XRP price has declined by 1.5% in the past 24 hours, falling to $0.5046 on a day when the cryptocurrency market has gained by a modest 1%. XRP is now down by 4% in the past week and by 11% in a month, although the altcoin remains up by 22% in the past year. […]
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SPACEX’ Token Skyrockets 20,000% on DEXTools and This Other Coin is About to List on New Exchanges
5.2.2024
As Solana meme coins continue to post astronomical pumps, SPACEX token has emerged as the latest skyrocket with a stunning +20,000% move, but could SpaceX price analysis reveal whether this other coin is about to be the next to explode? Indeed, this price pump comes as recent months have seen...
Blockchain Basics Act Reaches Tennessee, 16 Legislatures Working on Similar Bills
5.2.2024
The Blockchain Basics Act, a bill that seeks to secure the rights of state citizens regarding cryptocurrency ownership, self-custody, and mining, has reached Tennessee. The bill, supported by the Satoshi Action Fund, was introduced to the State House by Rep. Kevin Vaughan and simultaneously to...
Solana Price Prediction as SOL Holds Steady Despite $2.5 Billion Trading Volume Dip – Bulls Eyeing $120 Retest?
5.2.2024
The Solana price has gained by 0.5% in the past 24 hours, creeping up to $97.79 as the crypto market as a whole rises by the same percentage today. SOL has now increased by 12% in a fortnight and by 3% in a month, with the altcoin also sitting on an impressive 300% increase in […]
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Beijing Censors Crypto Mining Activities to Strengthen Energy Conservation
5.2.2024
Beijing, China has further doubled down on crypto mining activities as a part of its revamped energy conservation implementation plan. Per a recent government notice, the Beijing Municipal Development and Reform Commission along with 11 other departments have implemented revised plan to further...
South Korea’s Financial Services Commission Proposes Regulatory Approval Requirement for Crypto Executives
5.2.2024
South Korea’s financial regulator has put forward new amendments that would require regulatory approval for new executives joining cryptocurrency companies. In an official announcement, the Financial Services Commission (FSC) said it aims to address the existing pain points in the current...
Hacker Reportedly Breaches Law Enforcement Systems of Binance & Coinbase
5.2.2024
Recent cybersecurity breaches have targeted the law enforcement request systems of prominent tech giants including Google, Meta, and TikTok, and major crypto exchanges like Binance and Coinbase. According to a report by InfoStealers, a notable rise in cybersecurity threats has led to hackers...
Kenyan High Court Unfreezes $3 Million Belonging to Nigerian Fintech Giant Flutterwave
5.2.2024
A recent ruling by the Kenyan High Court in favor of the Nigerian fintech startup Flutterwave will see it finally get access to $3 million which has been frozen since July 2022. The judge slammed the Assets Recovery Agency for continuing to hold onto the funds even after it withdrew its suit...
FTX Estate to Monetize AI Investment, Seeks Sale of Anthropic Shares Amid Bankruptcy Proceedings
5.2.2024
In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between approximately $1.47 billion to upwards of $2.4 billion,...
El Salvador’s Pro Bitcoin President Nayib Bukele Claims Victory in Re-election Poll
5.2.2024
El Salvador’s incumbent president Nayib Bukele has claimed an overwhelming victory in the country’s presidential election poll. Bukele announced his commanding lead shortly after the polls closed. According to Bukele’s latest post, the preliminary counts secured his victory with more...
Bitcoin Pioneer Nayib Bukele Reelected in El Salvador by a Landslide
5.2.2024
President Nayib Bukele, a pioneer in introducing the law that made bitcoin legal tender in El Salvador, has been reelected as president of the country in the ballot completed on Sunday. The Latam leader, who will reportedly continue implementing bitcoin-related policies, won by a landslide, scoring...
Avalanche (AVAX) and Cosmos (ATOM) Trail Behind as Kelexo (KLXO) Looks to Upend its Sector
5.2.2024
  The competition in the crypto space has gotten stiffer and projects like Avalanche (AVAX) and Cosmos (ATOM) are lagging in the struggle for survival. However, this has got nothing on Kelexo (KLXO). While Avalanche (AVAX) and Cosmos (ATOM) trails, Kelexo (KLXO) surges ahead with...
Genesis Seeks Court Approval to Offload $1.4 Billion in GBTC Assets Post-SEC Settlement
4.2.2024
After reaching an agreement with the U.S. Securities and Exchange Commission (SEC), the bankrupt company Genesis Global Capital has submitted a petition to the bankruptcy court to dispose of holdings from Grayscale’s Bitcoin Trust, Ethereum Trust, and Ethereum Classic Trust. These assets...