Bitcoin Drops to $59K as Altcoins Struggle with Regulatory Hurdles
Bitcoin has fallen below the $60,000 mark for the first time since September 18, leading market participants to speculate about the possibility of further declines. As of October 10, Bitcoin’s…
Consecutive Hurricanes Disrupt Final Weeks of 2024 Presidential Campaign
The 2024 presidential election has been uniquely impacted by the consecutive hurricanes, Helene and Milton, which have not only caused widespread devastation but have also become central themes in the…
Former Attorney, 86, Ordered to Pay $14 Million for Role in Crypto Ponzi Scheme
David Kagel, an 86-year-old former California attorney, has been sentenced to five years of probation and is required to pay nearly $14 million in restitution after admitting to his involvement…
Crypto.com Initiates Legal Action Against SEC to Safeguard U.S. Cryptocurrency Sector
Crypto.com, a major player in the global cryptocurrency exchange and service industry, has launched a lawsuit against the United States Securities and Exchange Commission (SEC). This legal move aims to…
Samsung Pay Enhances Crypto Payment Accessibility through Alchemy Pay Integration
Samsung Pay, a leading mobile payment and digital wallet service by Samsung Electronics, is expanding its cryptocurrency payment capabilities through a new partnership with Alchemy Pay. This collaboration introduces a…
Bison Debuts Insured Ethereum Staking Service Under Börse Stuttgart Group
Bison, the cryptocurrency trading platform operated by Börse Stuttgart Group, has recently unveiled a groundbreaking insured staking service tailored for Ethereum users. This innovative feature empowers customers to engage in…
Retail Investors Continue to Embrace Crypto Amid Market Volatility
Since 2020, the landscape of cryptocurrency investment among retail investors has witnessed significant growth, as highlighted in a recent report by the International Organization of Securities Commissions (IOSCO). The report…
Wrapped Bitcoin Transitions to Multi-Jurisdictional Custody Structure
Wrapped Bitcoin (WBTC), a tokenized version of Bitcoin designed to operate on the Ethereum blockchain, has recently completed an important transition to a geographically distributed custody model. This new arrangement…
Crypto Wallets Hinder Gamers from Exploring Web3 Games
One major hurdle that has kept many gamers from venturing into Web3 games is the intricate process associated with using cryptocurrency wallets. The complexity of managing these wallets can be…
Archax and Assetera Join Forces to Provide Tokenized Real-World Assets in the UK and Europe
A strategic partnership between digital securities distribution platform Assetera and the Financial Conduct Authority-regulated digital securities exchange Archax is set to revolutionize access to tokenized real-world assets (RWAs) for investors…
Hong Kong Plans to Increase Licensing for Crypto Exchanges by Year-End
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has announced its intention to issue additional licenses to cryptocurrency exchanges and digital asset firms operating within the region by…
Crypto Adoption on Track to Hit 8% by 2025
Global cryptocurrency adoption is nearing a significant milestone, with 7.51% of the world’s population currently utilizing digital currencies, according to a recent report by MatrixPort. This trend indicates a shift…
Palau Launches Blockchain-Enabled Savings Bonds in Collaboration with Soramitsu
The Republic of Palau has unveiled a groundbreaking initiative, Palau Invest, which features a blockchain-based savings bonds prototype system. This development comes with the full support of Japan’s Ministry of…
Bitcoin Sets Stage for Potential Surge Towards $150K in Current Market Cycle
As Bitcoin navigates below its 2021 peak of $69,000, independent trader Bob Loukas provides insight into the cryptocurrency’s potential trajectory. According to Loukas, Bitcoin is poised at a crucial juncture…
Trump Forms Latter-Day Saints Coalition to Strengthen Support Among Battleground Voters
Former President Donald Trump has announced the formation of a “Latter-Day Saints for Trump” coalition just weeks before Election Day. This strategic move aims to bolster support among a crucial…
Noise Pollution from Bitcoin Mining Sparks Health Crisis in Texas Town
Bitcoin mining has often faced criticism for its excessive electricity consumption and minimal societal benefits. However, a recent lawsuit in Texas has highlighted another concern: the negative impact of cryptocurrency…
US Agency Warns Against Crypto-Hungry Trinity Ransomware
A United States government agency has issued a warning regarding Trinity ransomware, a malicious threat known for extorting cryptocurrency from its victims in exchange for not leaking sensitive data accessed…
Europe Not a Top Priority for Sam Altman’s Worldcoin, Exec Says
Worldcoin, the digital identity project co-founded by OpenAI CEO Sam Altman, is shifting its focus away from Europe and toward Asia and other regions, according to an executive. Fabian Bodensteiner,…
TON-Based Wallet Drainer Shuts Down, Eyes Bitcoin
A wallet drainer operating on The Open Network (TON) recently announced its closure and directed users to a different crypto-draining service. On October 7, Scam Sniffer, a Web3 anti-scam solution,…
National Bank of Bahrain Launches First Bitcoin Investment Fund
The National Bank of Bahrain (NBB) has made a significant move in the financial landscape by launching its inaugural Bitcoin investment fund, aimed specifically at institutional investors within the Gulf…