FBI Recovers $5 Million From Pig Butchering Crypto Scam
Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to an investment fraud scheme. The scheme, known as “pig butchering,” involved criminals creating fake romantic relationships to deceive victims into…
Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says
With each month, the Bitcoin performance can vary widely depending on how investors are feeling toward the market. Years of monthly return data available for the cryptocurrency have led to investors and analysts trying to pinpoint the…
Tim Draper Leads $2.5 Million Funding Round for Ark Labs to Advance Bitcoin Payment Solutions
Ark Labs has secured $2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin…
In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal.
FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pled guilty to using the funds to fund his online gambling habit.
Stacks: New Developments Push STX Price 18% Higher – Details
The market swung in favor of Stacks (STX) as the token continued its upward momentum. As of writing, CoinGecko notes a solid 18% gain in the past week as it captured the bullish momentum of the market despite the slight dip yesterday. Since then…
Paypal Launches PYUSD Rewards Program With Anchorage Digital
Anchorage Digital has launched its first stablecoin rewards program for Paypal USD (PYUSD) holders, offering institutions a secure way to earn rewards. Available through Anchorage Digital’s platform and the Porto self-custody wallet, the…
Aave Forms Sell Signal That Led To 27% Average Correction Last 4 Times
An analyst has pointed out how Aave is currently forming a bearish pattern that led to significant drawdowns the last four times it occurred. Aave Is Showing A TD Sequential Sell Signal Right Now In a new post on X, analyst Ali Martinez has…
Supreme Court Urged to Protect Crypto in Nvidia-Backed Legal Fight
The Digital Chamber filed an amicus brief on Tuesday in support of Nvidia Corp. It focuses on the implications of the Ninth Circuit’s decision for the cryptocurrency industry. The brief argues that the Ninth Circuit’s approach to…
Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand
Ethereum, similar to most altcoins, is under significant selling pressure, struggling to shake off the weakness of early August. Even though there were flashes of strength after the climactic sell-off on August 5, prices are still below $2,800. The…
Donald Trump Pushes New Crypto Platform to Challenge Big Banks and Financial Elites
Former U.S. President Donald Trump has promoted his family’s new cryptocurrency platform, “The Defiant Ones,” to his 7.5 million followers on Truth Social, framing it as a response to financial inequality. The Trump…
Memecoin FLOKI Leads Crypto Market With 13% Surge, Here’s Why
The memecoin FLOKi is leading today’s crypto market with a rally of +12.8% in the last 24 hours, sharing the top spot with Artificial Superintelligence Alliance (FET) which is up +12.2%. The price surge can be several developments and partnerships…
Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin
Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin, the meli dolar, for the Brazilian market. The development was completed in partnership with Ripio, an…
Is Bitcoin Ready to Soar? Key Indicators Signal Potential $72K Target
Bitcoin is seeing an uptick following its recent reclaim above the $60,000 mark in the past day. Amid this price performance, renowned crypto analyst Mags on Elon Musk’s social media platform X shared his latest asset analysis. According to…
Kamala Harris campaign may focus on highlighting innovation over crypto
Many in the industry don’t expect the Vice President to mention digital assets at the DNC, but her views on technology and regulation could signal a shift from Biden-era policies.
Hong Kong Spot Bitcoin ETFs Saw Highest Inflows in a Month
Hong Kong's spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles.JUST IN: Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a…
Cardano Chang Upgrade Launch: ADA Sees 52% Explosion In Major Metric
The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key…
Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market
Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have been minted to date, with an impressive 7,531 tokens created…
California DMV putting vehicle titles on a subnet is innovation theater
It would be harder than putting VINs on a private subnet, but how about allowing vehicle owners to get zero-knowledge proof of ownership on a public chain?
Metalex and Lido Finance Propose First Major BORG Initiative
Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with…
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