Substantial Losses for Andrew Tate-Endorsed Memecoins
Most memecoins promoted by controversial social media influencer Andrew Tate have plummeted in value, losing 99% following his endorsement. Tate, who became famous on various social platforms, ventured into the…
Ether Holdings in Accumulation Wallets Surge 65% Since Early 2024
Since the beginning of 2024, Ether (ETH) has seen a substantial increase in its presence in accumulation wallets, with the value of these holdings now exceeding $50 billion. This trend…
Bitcoin Widens Market Cap Lead Over Ethereum to $1 Trillion Amid $68K Trading Price
Bitcoin‘s market capitalization has soared to $1.35 trillion, establishing a significant $1 trillion lead over Ethereum as BTC prices stabilize just above $68,000. This marks a notable milestone in the…
European Central Bank Paper Claims Older Bitcoin Holders Exploit New Investors
A recent paper published by the European Central Bank (ECB) on October 12, 2024, has sparked controversy by claiming that older Bitcoin holders profit at the expense of newer investors.…
Quantum Breakthroughs and Encryption: China’s Progress and Its Implications
Recent developments from Shanghai University have stirred the tech community with claims of breaking RSA encryption algorithms crucial to banking, military, and cryptocurrency applications. Despite the buzz, these claims, as…
Trump Trolls Harris with French Fry Stunt at Pennsylvania McDonald’s
In a strategic move just over two weeks before Election Day, former President Donald Trump appeared at a McDonald’s in Feasterville, Pennsylvania, to serve up french fries and political jabs…
Cyprus Halts Crypto Applications in Preparation for EU-Wide MiCA Regulation
The European Union is set to consolidate cryptocurrency regulation under the new Markets in Crypto-Assets (MiCA) framework by December 30, replacing national laws concerning crypto asset service providers (CASPs). The…
Ireland to Implement Urgent Crypto Regulations Ahead of New EU Anti-Money Laundering Directives
Ireland is on the verge of updating its cryptocurrency regulations in response to upcoming Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) standards set by the European Union. The country’s Finance…
Hong Kong Police Dismantle $46 Million Deepfake Crypto Romance Scam
Hong Kong police have successfully dismantled a sophisticated criminal operation using artificial intelligence deepfakes to orchestrate a crypto romance investment scam, leading to the arrest of 27 individuals. This elaborate…
Pro-Trump PAC Receives $7.5 Million in Cryptocurrency Donations
The Trump 47 PAC, aligned with former President Donald Trump, has raised $7.5 million in various cryptocurrencies to support his presidential campaign, according to an October 15 filing with the…
Radiant Capital Suspends Lending After $50 Million Cybersecurity Exploit
Radiant Capital, a cross-chain lending protocol, was forced to halt its lending markets following a massive cybersecurity breach that resulted in the loss of over $50 million. The exploit occurred…
Crypto Funding Dips 20% in Third Quarter Amid ‘Barbell Market’ Dynamics
In the third quarter, venture capital funding for the cryptocurrency sector fell by 20% to $2.4 billion compared to the previous quarter. This decline was marked by a notable 17%…
EU Watchdog Recommends Revisions to MiCA Cryptocurrency Regulations
The Markets in Crypto-Assets Regulation (MiCA) stands as the cornerstone of the European Union’s approach to regulating the cryptocurrency market. Recently, the European Securities and Markets Authority (ESMA) has called…
Italy Proposes Hike in Bitcoin Capital Gains Tax from 26% to 42%
The Italian government, under the direction of Deputy Economy Minister Maurizio Leo, is contemplating a significant increase in the capital gains tax on Bitcoin investments, proposing a jump from the…
FBI Arrests Suspect for Falsifying SEC Bitcoin ETF Announcement
In a significant cybersecurity breach, a 25-year-old man from Athens, Alabama, identified as Eric Council Jr., was arrested by the Federal Bureau of Investigation (FBI) for orchestrating a hack into…
Trump’s Evolving Rhetoric: From Condemning Jan. 6 as a ‘Heinous Attack’ to Describing it as a ‘Day of Love’
Donald Trump‘s narrative about the January 6 Capitol attack has undergone a significant transformation from initially distancing himself from the violence to later characterizing the day as one of affection.…
Google’s Strategy in Nuclear Energy Could Transform Cryptocurrency Mining
The United States is on the cusp of a significant evolution in nuclear energy production with the development and imminent deployment of its first commercial small modular reactor (SMR). SMRs…
Warren and Deaton Clash on Crypto Policies in First Massachusetts Senate Debate
The political landscape was charged as Senator Elizabeth Warren and Republican candidate John Deaton squared off in their first debate for the Massachusetts Senate seat. Held on October 15, the…
Bitcoin Achieves a Three-and-a-Half-Year Dominance Peak While Altcoins Lag
Bitcoin’s market dominance reached its highest level since April 2021, marking a significant milestone as its price surged to a 10-week high. On October 15th, during late trading, Bitcoin’s dominance…
Over 90% of Salvadorans Refrain from Bitcoin Transactions
Despite the pioneering move by El Salvador to adopt Bitcoin as legal tender, the majority of Salvadorans have not embraced the cryptocurrency for everyday transactions. A recent survey conducted by…