From Meme Frenzy to Financial Fortunes: Navigating the Tax Landscape of Crypto Windfalls
The phenomenon of meme coin seasons, characterized by the swift and sensational rise of viral cryptocurrency projects, has turned the dream of overnight wealth into reality for many. Dogecoin, the…
The Potential Impact of Bitcoin’s Upcoming Halving on Network Security
The Bitcoin network is on the cusp of its most anticipated halving event to date, a phenomenon that slashes the block reward miners receive in half, poised to reshape the…
Over $98 Million in Stolen Digital Assets Recuperated in March, Reports PeckShield
In a significant stride toward cybersecurity within the blockchain ecosystem, PeckShield, a leading blockchain security firm, has unveiled compelling data for March. The firm reported the recovery of nearly $100…
Tether Augments Its Bitcoin Holdings Through Recent Purchase
In an intriguing move that underscores the increasing institutional interest in digital assets, Tether, the organization behind the pivotal Tether USDT stablecoin, has significantly expanded its Bitcoin portfolio. On March…
Bitwise’s CIO Envisions Product Encompassing Ethereum’s Layer 2 Networks and Applications
Bitwise, a leading cryptocurrency asset management firm, is exploring the potential of launching an exchange-traded product (ETP) dedicated to Ethereum’s layer 2 ecosystems and applications. Matt Hougan, the Chief Investment…
Envisioning Bitcoin’s Role as a Currency in the Modern Economy
Bitcoin has transcended its initial conceptualization to become a decentralized, global currency, untouched by the regulatory constraints or fiscal policies of any nation. The narrative surrounding Bitcoin has recently surged…
Accelerators Become Beacon for Web3 Startups Amidst Rising Crypto Market Enthusiasm
As the cryptocurrency market ushers in a new bull cycle, Web3 startups are increasingly seeking out accelerator programs to gain a foothold. These programs, offering a blend of mentorship, guidance,…
New Forecasts Suggest Bitcoin Could Reach $180K in Current Bull Market
In the ever-evolving landscape of cryptocurrency, Bitcoin‘s price trajectory continues to be a subject of intense speculation and analysis. Laurent Benayoun, CEO of Acheron Trading and an authority on quantitative…
Unidentified Malware Campaign Targets Call of Duty Cheaters, Drains Bitcoin Wallets
A sophisticated malware campaign has emerged, specifically targeting video gamers, including those engaged in cheating, leading to significant Bitcoin wallet losses. According to vx-underground, a malware information repository, this new…
FTX estate divests huge share in AI firm Anthropic for $884 million, most of proceeds headed to UAE
In a significant move marked by its bankruptcy turmoil, FTX, the embattled cryptocurrency exchange, has entered into agreements to divest its majority stake in the artificial intelligence innovator Anthropic. This…
Could the Upcoming Bitcoin Halving Mark the Conclusion of Its 4-Year Market Cycle?
As the Bitcoin community stands on the precipice of the fourth halving event in April 2024, the air is thick with anticipation. Speculation abounds regarding the potential for unprecedented highs…
Potential Impact of Reduced ETF Demand and Unrealized Gains on Bitcoin Selling Pressure After Next Halving
The cryptocurrency market is approaching a critical juncture as the next Bitcoin halving event looms on the horizon. This period is marked by a potential shift in market dynamics, driven…
Shift in Bitcoin Mining Landscape Due to Institutional Investment: Insights from a Report
The landscape of Bitcoin mining has undergone a significant transformation, with institutional capital investment in public Bitcoin mining companies reshaping the ecosystem. This shift has introduced challenges for individual and…
Tether Initiates Formation of AI Division and Launches Hiring Campaign
Tether, the entity behind the issuance of the foremost stablecoin globally, is venturing into the realm of artificial intelligence (AI) with the creation of a dedicated department. This move is…
Escalating Legal Drama: Binance Official Eludes Nigerian Custody Amid Tax Evasion Allegations
In a turn of events that reads like a thriller, a Binance executive, entangled in legal challenges in Nigeria, has purportedly escaped detention. This development unfolds against the backdrop of…
Preparing for the Bitcoin Halving: Refurbishing and Shipping Mining Machines Overseas
Crypto miners are gearing up for the highly anticipated bitcoin halving event scheduled for next month, which will reduce their rewards for adding new tokens to the blockchain. As a…
Hesitation to Sell Bitcoin Despite Record Prices, According to Analysts
In the realm of cryptocurrency, the value of Bitcoin (BTC) recently escalated, surpassing the $70,000 mark and setting a new record. Despite this financial milestone, the actual economic activity within…
ParaSwap Initiates Crypto Refunds After Critical Smart Contract Bug
ParaSwap, a decentralized finance (DeFi) aggregation platform, has successfully initiated the process of returning cryptocurrency assets to users, following the rectification of a critical vulnerability in its recently deployed Augustus…
Uber Backs Moove with $100 Million to Fuel African Mobility
Moove, the African mobility fintech specializing in vehicle financing for drivers on ride-hailing and delivery apps, has secured $100 million in a Series B funding round, propelling its valuation to…
Nigeria’s Crypto Fee Increase Seen as Open Door for Major Players, Says NoOnes CEO
Despite the Nigerian Securities and Exchange Commission (SEC) proposing a significant hike in registration fees for crypto exchanges, the interest from venture capitalists in Nigeria’s burgeoning crypto market remains undeterred.…