Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme
The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a Washington investor about Fameex, now offline. The investor, a real estate agent, met scammer “Jackson…
Solana Records New Monthly User High Amidst Persistent Price Drop
Solana (SOL) has had a turbulent time lately evident with a consistent decline in its market price. According to data from CoinMarketCap, the “Ethereum Killer” is down by 6.36% on its weekly chart, emerging as the biggest loser among the top 10…
Cantor Fitzgerald CEO Props up Stablecoins in the Fight for US Dollar Hegemony
Howard Lutnick, CEO of financial services company Cantor Fitzgerald, highlighted the value of stablecoins in the fight to maintain the hegemony of the U.S. dollar. Lutnick stated that fully redeemable stablecoins allowed citizens in emerging…
US State Regulator Shares Key Crypto Investment Tips for Seniors
The Tennessee Department of Commerce & Insurance (TDCI) Division of Securities is raising awareness about the potential risks of investing in unregulated products like cryptocurrency, particularly among seniors. TDCI Commissioner Carter…
Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to…
Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency
Four Vietnamese nationals were charged in a U.S. court for a series of cyber intrusions causing over $71 million in losses. The defendants, part of the cybercrime group “FIN9,” allegedly hacked U.S. companies from May 2018 to October…
Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow The Whales?
Shiba Inu whales are on the move again, sparking speculations on what they expect from the meme coin. One whale, in particular, has caught the attention of the SHIB community following a massive withdrawal from the popular crypto and stock trading…
Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing
Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do Kwon). A filing with the U.S. Securities and Exchange Commission (SEC) lists Spajic as the 16th investor in Terraform…
Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’
Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump’s presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government…
Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn
According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR)…
Ripple Clarifies XRP Is Not a Security After New Court Ruling
Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security…
Bitcoin Slips Under $64,000: Here’s Where The Next Support Is
Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 &…
Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC Disclosure
According to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and Exchange Commission (SEC) on June 20, the trust’s inability to utilize its ethereum for staking services places its…
Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When
Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge. Bernstein Analysts Raise Bitcoin Target To $200,000 In…
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.
Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and…
Crypto Biz: US dollar exposure via digital assets takes off
This week’s Crypto Biz explores Hashdex filing for a combined spot Bitcoin and Ether ETF, Coinbase’s pre-launch market, Ripple’s challenges with regulators in the U.S., and more stablecoins delisting in Europe.
Fintech Giant Flutterwave Partners With Nigerian Anti-Graft Body to Launch Cybercrime Center
Flutterwave, a Nigerian fintech startup, has partnered with the Economic and Financial Crimes Commission (EFCC) to establish a cybercrime research center. This strategic initiative aims to intensify the fight against internet crime, enhance the…
WIF Plunges 11% As Whale Deposits Millions To Binance, Who’s Behind It?
Memecoins are in red this week as most sectors of the crypto market struggle. Dogwifhat (WIF) has not been the exception. The memecoin sensation of Q1 saw a significant price drop following the movements of a whale. Recently, an address…
Digital Scarcity — Billionaire Michael Dell and Michael Saylor Exchange Dialogue on Bitcoin
On June 20, Michael Dell, the Chief Executive Officer of Dell, the American technology company known for developing, selling, repairing, and supporting computers and related products and services, shared his thoughts on bitcoin via the social media…
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