Category: News
Cryptocurrency News
The US Government Ranks Among The Largest Bitcoin Holders; Here’s Why
The US government’s holdings of over 194K BTC, worth over $5.3 billion, make it one of the leading BTC whales. This is surprising given that…
Ripple CTO David Schwartz Reveals XRPL Tokenization Roadmap
The XRP Ledger boasts a robust technical foundation for tokenizing real-world assets (RWAs). Recently, Ripple’s Chief Technology Officer, David Schwartz, offered insights into when traders…
Madeira Unveils Development Plans For Bitcoin Innovation Hub
The regional government of Madeira, the Portuguese autonomous region, is embarking on an ambitious initiative to create a Bitcoin business hub to bolster innovations. The…
Alameda Research Lost $190M To Scams And Unverified Protocols – Whistleblower
Alameda Research, affiliated with FTX, suffered losses of at least $190 million due to preventable scams and engagements with dubious blockchains. This revelation comes from…
CoinMarketCap Introduces AI Analyst For Complex Crypto Inquiries
A Revolutionary AI Crypto Analytical Tool CoinMarketCap, the prominent crypto data aggregator, has unveiled a groundbreaking artificial intelligence (AI) tool, positioning itself as an invaluable…
Circle Teams Up With Coins.ph To Expand USDC Remittance Services In the Philippines
Revolutionizing The Philippines Remittance Landscape Leading Philippine fintech firm Coins.ph has signed a strategic partnership with Circle, the USDC stablecoin issuer, to promote using the…
UK’s FCA Adds Huobi And KuCoin Among Non-Authorized Crypto Exchanges
The United Kingdom’s top financial regulator (the Financial Conduct Authority (FCA)) has added several notable cryptocurrency exchanges to its lists of non-authorized trading platforms. Accordingly,…
Tron Surpasses Ethereum In Daily Active Addresses; Here’s How
The blockchain-based decentralized application (dApp) platform, Tron, has been recording a rapid activity surge for some time. Hence, it now has more daily active addresses…
Ethereum’s Centralization Feature Spiked Post Merge Upgrade – JPMorgan
Rising Centralization Concerns Following the Merge and Shanghai updates, the ETH staking spike has surprisingly affected the Ethereum network. JPMorgan revealed in a recent study…
Prosecution Asserts Potential Forfeiture Of Sam Bankman-Fried’s Private Jets
Legal Battle Over Luxury Jets Sam Bankman-Fried (SBF) is in a legal battle, with the US Department of Justice (DoJ) asserting its claim over his…
BoK And BIS Collaborate On Wholesale CBDC Trials
Bank Of Korea’s Wholesale CBDC Trial The Bank of Korea (BoK) has unveiled its plan to embark on a wholesale central bank digital currency (CBDC)…
What is a Bitcoin Improvement Proposal and Why Does It Matter?
What is a Bitcoin Improvement Proposal? It is a proposal to change Bitcoin. Bitcoin is a digital entity that has continued to incorporate various upgrades…
East Asia’s Economies’ Struggles Continue Amid China Crypto Ban – Report
Decline In Crypto Activities A recent report by the blockchain analytic firm Chainalysis indicates that China’s long-standing ban on cryptocurrency and its related activities has…
Solana’s TVL Surpasses Expectations; Attracts Crypto Enthusiasts’ Attention
Solana’s TVL Surge Solana’s recent surge in Total Value Locked (TVL) has garnered significant attention in the crypto space. This surge, reaching an impressive high…
Leaked Slack Chats Are Insufficient Evidence – Do Kwon Argues
The Leaked Slack Conversation The embattled Terraforms Labs founder, Do Kwon, has refuted an exposed Slack message presented as evidence of his alleged engagement in…
French Law Enforcement Agency Investigates Popular AI Chip Maker; Here’s Why
Moving Against Market Dominance French police raided Nvidia’s office, the world-renowned AI chipmaker, as part of an extensive investigation regarding market abuse in the cloud…
Ethereum Futures ETF Trading Debut; Here’s What To Know
According to insider sources, the United States Securities and Exchange Commission (SEC) will approve Ethereum futures exchange-traded funds (ETFs) for trading by next week. Anticipated…
Buenos Aires-Based Oil Firm To Begin Crypto Mining
Tecpetrol, an Argentinian oil company, has announced plans to convert some excess gas into energy for cryptocurrency mining. The oil firm aims to help reduce…
Binance CEO Deploys Security Team To Help Recover Stolen HTX Assets
A few weeks after the crypto exchange Huobi’s rebranding to HTX, the platform was hacked, resulting in a loss of $8 million. Reacting to the…
Tether Ends Cake DeFi USDT Redemption For Selected Singaporean Users
The world’s largest stablecoin issuer, Tether, has halted USDT redemption after changing its Terms of Service (ToS) in Singapore. The latest development occurred after Tether…
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