Crypto Executives Organize $100K Fundraiser for Vice President Harris
Crypto industry leaders and advocacy groups are reportedly organizing a fundraiser to gather $100,000 for Vice President Kamala Harris, aiming to influence her cryptocurrency policy stance if she is elected…
Biden and Harris Campaign in Key Union State as Trump Opts Out of Labor Day Events
On Labor Day, President Joe Biden and Vice President Kamala Harris united in Pittsburgh, a significant union stronghold, to emphasize their administration’s commitment to labor rights, contrasting their active campaign…
Record Gold Purchases by Central Banks Amid Financial Shifts, Bitcoin Also Rises
In 2024, central banks globally have accelerated their acquisition of gold, reaching unprecedented levels, signaling a significant shift towards store of value assets amid broader financial market dynamics. According to…
Research Indicates Underreported Crypto Liquidations May Distort Market Perception
The veracity of liquidation data from major cryptocurrency exchanges is being called into question, which may have led market participants to operate under a significantly distorted view of market conditions,…
SEC May Contest FTX’s Stablecoin Repayment Strategy
The United States Securities and Exchange Commission (SEC) has expressed concerns about FTX’s proposed plan to repay creditors using stablecoins, according to an August 30 court filing in the United…
August Sees Over $313 Million in Cryptocurrency Stolen Due to Hacks
Cryptocurrency security concerns intensified in August as hackers pilfered $313.86 million in digital assets across more than 10 separate incidents. This disturbing trend underscores the challenges facing the asset class’s…
Record Highs for Bitcoin Whales: Wallets Holding Over 100 BTC Surge
Bitcoin’s whale wallets—those holding at least 100 BTC—have reached a 17-month high, indicating a bullish trend among larger investors despite recent price dips. According to the latest data from the…
Bitcoin Mining Revenues Plunge to 11-Month Low Amid Increased Challenges
Bitcoin mining activity has seen a significant downturn in profitability, recording the lowest monthly revenue since September 2023. Last month, miners generated $827.56 million, a sharp 10.5% decrease from July’s…
Canadian Court Mandates Repayment of $1.2 Million Bitcoin Loan
In a landmark case that underscores the evolving legal landscape surrounding cryptocurrencies, the Supreme Court of British Columbia has ruled in favor of Hung Nguyen, ordering Daniel Tambosso to repay…
Bitcoin’s On-Chain Indicator Approaches Key ‘Buy’ Signal Amid Market Fluctuations
Bitcoin is approaching a pivotal point according to a widely recognized on-chain indicator, which is causing excitement among crypto traders about potential buying opportunities. This development comes as the cryptocurrency…
Crypto Exec Says Elderly Withdrawal Attempts Prompt Immediate Contact for Scam Prevention
Crypto exchange vigilance has become a cornerstone in the battle against digital fraud, with a focus on protecting the most vulnerable groups from sophisticated scams. Adrian Przelozny, CEO of Independent…
White House Confirms Biden, Harris Not Invited to Arlington Event for Afghanistan Withdrawal Casualties
In a recent development, the White House and an aide to Vice President Kamala Harris have clarified that President Joe Biden and Vice President Harris were not invited to last…
Naver and Chiliz Forge Partnership to Launch Crypto Wallet in South Korea
South Korean technology conglomerate Naver has announced the launch of its first-ever cryptocurrency wallet, the Naver Pay Wallet, in collaboration with the sports-centric blockchain, Chiliz. This strategic partnership marks a…
Australia’s Crypto ATM Network Grows 17-Fold Amid Regulatory Scrutiny
Over the past two years, Australia has experienced a significant surge in the number of cryptocurrency ATMs, increasing seventeenfold and marking it as one of the fastest-growing markets globally for…
Nigeria Grants First Cryptocurrency Exchange License, Ushering New Regulatory Era
The Nigerian Securities and Exchange Commission (SEC) has awarded Quidax, an Africa-based cryptocurrency exchange, its inaugural provisional operating license. This landmark decision heralds a new phase of formal recognition and…
TeraWulf Set to Initiate New Bitcoin Mining Operations and Pursues Significant Tech Collaborations
TeraWulf Inc., ranked as the world’s sixth-largest Bitcoin mining company, is gearing up for a significant expansion with the imminent launch of a new Bitcoin mining facility. Set to commence…
Crypto Hacking Losses Surpass $1.2 Billion in 2024
The landscape of cryptocurrency security remains fraught with challenges as hackers have stolen more than $1.2 billion in digital assets so far in 2024. This alarming figure, confirmed through recent…
Donald Trump’s Fourth NFT Collection Nets $2.2 Million Shortly After Launch
United States presidential candidate Donald Trump has once again made headlines in the crypto community with his latest foray into non-fungible tokens (NFTs). His new collection, dubbed “America First,” launched…
Significant Financial Losses as Mbappé’s Hacked X Account Fuels $460M Crypto Scam
Traders experienced substantial financial losses following the hacking of soccer superstar Kylian Mbappé’s X account on August 29, which was used to promote a deceptive cryptocurrency scheme. This incident underscores…
Crypto Scammers Shift from Complex Ponzis to Pig Butchering Techniques
Cybercriminals with a deep understanding of cryptocurrencies are increasingly opting for “pig butchering” scams over the more drawn-out Ponzi schemes, adapting to intensified law enforcement scrutiny. Chainalysis, a leader in…