Binance Executive Detained in Nigeria: A Comprehensive Overview
Tigran Gambaryan, a key executive at cryptocurrency exchange Binance, has been detained in Nigeria since February 2023, facing serious allegations. Reports from April 23, 2023, confirm that Gambaryan will continue…
Hackers Release Source Code of El Salvador’s Official Bitcoin Wallet
In a significant cybersecurity breach, El Salvador’s state-operated Bitcoin wallet, Chivo, has become the target of hackers who have released part of its source code. The hacker group, known as…
Regulatory Challenges Delay Crypto.com’s Launch in South Korea
Crypto.com, a prominent Singapore-based cryptocurrency exchange, has postponed its launch in South Korea following regulatory concerns. The delay comes after the South Korean Financial Services Commission (FSC) identified issues related…
Finland Harnesses Bitcoin Mining for Residential Heating
In Finland, a groundbreaking project has been initiated that leverages the process of mining Bitcoin to generate heat for residential homes during the chilly winters. Hashlabs Mining, a Bitcoin mining…
European Banks Embrace Crypto Sector Following Regulatory Clarity, Bitpanda Reports
In recent developments, several of Europe’s largest banks are making strides into the cryptocurrency industry, spurred by the enhanced clarity provided by the European Union’s adoption of the Markets in…
Scaramucci Predicts Bitcoin’s Bright Future, Sees Potential for $800K Value
During a recent interview on CNBC, hedge fund veteran Anthony Scaramucci shared his optimistic outlook for Bitcoin, reflecting on its technological strengths and future price potential. Known for his extensive…
Philippines SEC Instructs Apple and Google to Delist Binance App
On April 23, the Securities and Exchange Commission (SEC) of the Philippines took a decisive action against the cryptocurrency exchange Binance by instructing major tech companies Google and Apple to…
Ripple Labs Challenges SEC’s $1.95 Billion Fine Proposal, Suggests $10 Million as Adequate
On Monday, Ripple Labs formally opposed a significant enforcement action by the U.S. Securities and Exchange Commission (SEC), which seeks a staggering $1.95 billion in penalties. The company’s legal filing…
Bitcoin Halving May Create Demand Five Times Greater Than Supply, Says Bitfinex
The recent halving of Bitcoin’s mining reward has significant implications for the cryptocurrency’s market dynamics, possibly increasing demand to five times that of its supply, according to a new analysis…
Crypto Payments Eye Mainstream Adoption, with Apple Pay as the Benchmark
Cryptocurrency payment platforms are gradually making their way into mainstream e-commerce platforms and retail stores, yet they lag behind the seamless experience offered by Apple Pay. Stijn Paumen, CEO of…
Thailand Enforces Ban on Unlicensed Crypto Exchanges to Combat Cybercrime
Thai authorities are taking decisive steps to regulate the cryptocurrency market by blocking unlicensed crypto exchanges from operating within the country. This move is aimed at curbing money laundering and…
Manchester City and OKX Launch Exclusive NFT-Linked Jersey Collection
Manchester City, in partnership with cryptocurrency exchange OKX, is introducing a groundbreaking non-fungible token (NFT) collection titled “Unseen City Shirts.” This innovative campaign aims to blend the thrill of football…
RFK Jr. Advocates for Blockchain-Based U.S. Budget to Ensure Transparency
During a rally in Michigan on April 21, U.S. presidential candidate Robert F. Kennedy Jr. unveiled his plan to revolutionize government transparency by placing the entire U.S. federal budget on…
Record $107 Million in Bitcoin Mining Revenue on Halving Day
On April 20, 2024, a landmark day in the cryptocurrency industry, Bitcoin mining revenue soared to a new all-time high, crossing the $100 million threshold for the first time. Miners…
ZKasino Stirs Community Ire by Redirecting $33M of ETH to Staking Protocol Instead of Issuing Refunds
ZKasino, a blockchain-based gambling project, is currently under fire for reallocating $33 million worth of Ether (ETH) entrusted by users and investors to the staking protocol Lido, deviating from its…
Base Founder Jesse Pollak Champions Memes as Drivers of Crypto Onboarding Explosion
Jesse Pollak, the founder of Base, a layer-2 network associated with Coinbase, recently highlighted the significant role memes play in driving user engagement and adoption within the cryptocurrency ecosystem. Speaking…
Swiss Bitcoiners Intensify Efforts to Incorporate Bitcoin into National Bank Reserves
In Switzerland, a group of Bitcoin enthusiasts is spearheading a renewed campaign to incorporate Bitcoin into the Swiss National Bank’s (SNB) reserves, an initiative that involves a proposed constitutional amendment.…
Bitcoin Halving Sparks Surge in Layer 2 Adoption
On April 20, Bitcoin marked a significant milestone with its fourth halving event, known as “Epoch V.” This event, which slashes the new bitcoin supply by 50%, not only celebrated…
Tether’s Issuance on TON Blockchain Reaches $60M, Marking a ‘Great Start,’ Says CEO
Since its introduction to The Open Network (TON) on April 19, Tether (USDT) has experienced significant growth, with $60 million worth of the stablecoin now issued, making TON the 11th-largest…
Bitcoin Miners Eye AI Integration in Post-Halving Era, CoinShares Reports
In the wake of the recent Bitcoin halving, which cut the reward for mining by 50%, CoinShares has released a report suggesting that crypto miners may increasingly turn to artificial…