Solana Could Surge 400% Under Trump Presidency, Standard Chartered Predicts
Banking giant Standard Chartered predicts that solana could experience a significant surge of up to 400% if Donald Trump wins the 2024 U.S. presidential election. The bank’s head of digital assets suggests that solana’s faster…
The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated…
Deribit Launches US Yield Coin (USYC) as New Yield-Bearing Cross-Margin Collateral Option
Deribit has announced the launch of the US Yield Coin (USYC) from Hashnote as a new yield-bearing cross-margin collateral option. USYC, an ERC-20 token backed by reverse repurchase agreements on U.S. Government Securities, provides traders with a…
The Brazilian Federal Police launched Operation Alcacaria this Wednesday, aiming to thwart the action of a network focused on providing money laundering services using cryptocurrency. The operation involved 62 search warrants, 13 arrest warrants…
USDT Faces Downward Pressure as Investors Pivot to Stocks in China
USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the…
Crypto ETFs Take Center Stage: Nearly Half of Charles Schwab Investors Eye Digital Assets
A recent survey conducted by American financial powerhouse Charles Schwab revealed that nearly half of the respondents (45%) are gearing up to invest in cryptocurrency exchange-traded funds (ETFs). Millennials Lead the Crypto ETF Charge, Expert…
Trump Takes Significant Lead Over Harris in Polymarket Odds for 2024 Election Win
On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump’s odds stand at 55.8%, with Harris trailing at…
Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate…
Breaking Boundaries: LBank Achieves “Leaps and Bounds” Growth in Q3
PRESS RELEASE. In a vibrant and competitive third quarter, LBank has successfully achieved its short-term goal of dynamic growth. From a million-dollar airdrop celebration for its anniversary to the meme extravaganza at TOKEN2049 in Singapore…
Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s
Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled…
Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL…
Tron’s Justin Sun Wins Liberland Congress Election, Named Acting Prime Minister
The blockchain-based Liberland Congress election results were announced, marking a new era for the micronation. Tron founder Justin Sun emerged as the winner and has been appointed as acting Prime Minister by Liberland President Vít Jedlička…
Wisdomtree Introduces ‘Earn-Until-You-Spend’ Feature in Onchain Personal Finance App
Wisdomtree, Inc. (NYSE: WT) has announced the launch of a new yield-bearing feature in its onchain personal finance app, Wisdomtree Prime, allowing users to take advantage of the “Earn-Until-You-Spend” capability. This feature enables…
Video Game Giant Ubisoft Announces Release of First Web3 Game, ‘Champions Tactics’
The prominent French video game publisher and developer Ubisoft is set to launch its first Web3 game, “Champions Tactics: Grimoria Chronicles,” on October 23. The game will utilize blockchain technology through the Oasys ecosystem, a layer two (L2)…
Crypto Expert Says Turbo, Memebet Token are the Best Meme Coins to Buy Now
The meme coin hype isn’t letting up anytime soon. And new projects are constantly popping up, looking to grab the spotlight. One well-known crypto expert recently highlighted two contenders, Turbo and Memebet Token, which he believes are the best…
Trump’s World Liberty Financial Proposes Aave Deployment to Enhance Defi Accessibility
World Liberty Financial (WLF), the decentralized finance (defi) project backed by former President Donald Trump and his family, has submitted a proposal to Aave’s governance forum, seeking approval for the launch of an Aave v3 instance on…
Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither…
1win Token Reaches 24 Million Users: The Reasons Behind Its Rapid Growth
The 1win Token, a fast-growing digital currency, has recently surpassed a remarkable milestone of 24 million users. This rapid growth reflects its solid foundation in the iGaming industry and the wide range of utilities it offers, making it one of…
National Bank of Bahrain Launches Bitcoin Investment Product
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s…
Discover Smart Crypto Gaming With Fairspin: Rich Bonuses, Top Features and Passive Income Streams
PRESS RELEASE. Fairspin Casino is revolutionizing the online gaming landscape with its innovative approach to cryptocurrency gambling. Since its inception, Fairspin has become one of the most innovative crypto gaming hubs globally. With over 9,400…
P2P Exchange El Dorado Debuts Gasless Tron-Based USDT Transactions in Latin America
El Dorado, a Latam-focused peer-to-peer (P2P) exchange, has partnered with Tron DAO to offer gasless TRC20-USDT transactions for its customers. Until October 30, each user will be able to perform a limited number of withdrawals with no costs…
A college degree has long been seen as the key to a stable career. But the landscape is changing fast, driven by ed-tech, AI, and a rapidly evolving workplace. Many previously unheard of career paths will be available to your children. Just like…
South Korean Lawmakers Call for Full Investigation Into KOK Token Crash
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged…
Texas Drug Ring Sentenced for Laundering $50K Monthly in Cryptocurrency
Six members of a Texas-based drug ring have been sentenced for their roles in a dark web drug operation, which laundered up to $50,000 per month in cryptocurrency. The group, operating as “Loverbois,” sold nearly 12 kilograms of meth…
BRICS More Attractive Than EU, Says Serbia’s Vulin
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not impose political conditions…
Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service…
Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes…
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto…
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in…
UBS Maintains Optimism in Markets Amid Middle East Uncertainty
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable…
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