Malicious Crypto Wallet App Submitted to Apple Store Leads to Fraud Charges
The U.S. Department of Justice (DOJ) announced on Wednesday that Nikita Andreevich Sklyuev, also known as Valeriy Dorojkin, has been extradited from Ukraine and arraigned in Buffalo, NY, on charges of wire fraud and fraudulent use of an…
Steam’s Clicker Game Sensation Opens Debate About NFTs And Crypto Gaming
A clicker game on Steam recently became the talk of the town after flipping some of the most popular games on the platform. ‘Banana’ became a sensation for its NFT-like rewards, which can be sold for over $1,000 on Steam’s marketplace. However, the
Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation
Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an additional $2.7 billion in…
Market Tremors: $10 Billion in Bitcoin Dumped in May Alone, What Does This Signal?
May 2024 emerges as a pivotal month for Bitcoin, witnessing a notable amount of liquidation by long-term holders. Blockchain analytics firm IntoTheBlock highlighted a sell-off totaling roughly $10 billion, equivalent to approximately 160,000 BTC…
North Carolina Passes Bill to Block State Participation in Federal CBDC Testing
The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC). The General Assembly is North Carolina’s…
Is The Bitcoin Bottom In? Crypto Expert Predicts Bullish Price Reversal
A crypto expert has predicted a bullish price reversal for Bitcoin, the world’s largest cryptocurrency. The analyst suggested that Bitcoin’s price may have bottomed in, potentially signaling the start of market stabilization after a prolonged…
Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024
Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi)…
Yield App Suspends Operations Ahead of Liquidation
Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted…
Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In
Despite Ethereum’s recent lackluster performance, Glassnode Co-founders, under the name ‘Negentrophic’ on Elon Musk’s X social platform, assert that ETH’s potential has yet to be fully realized. Analyzing historical…
Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe…
Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400
Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400. He emphasized the Spot Ethereum ETFs, which he believes could spark a significant rally for ETH. A ‘Significan
21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure…
Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO
Solana has been showing a breakout over the last few days, but data shows crowd FOMO is rising, which could be a bad sign for the rally. Solana Social Volume Has Shot Up Alongside The Rally According to data from the on-chain analytics firm…
Crypto Biz: Jump Crypto exec steps down, first MiCA deadline looms, and more
This week’s Crypto Biz explores the departure of Jump Crypto’s CEO, Animoca Brands’ return to public markets, the corporate dispute between Riot and Bitfarms, and other news.
Billionaire Peter Thiel Remains a Bitcoin Holder but Questions Its Future Value
According to American entrepreneur, venture capitalist, and political activist Peter Thiel, he still holds bitcoin (BTC) but is uncertain about the future value of the cryptocurrency. Peter Thiel Talks Bitcoin: A Holder With Cautious Optimism Peter…
U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.
Solana ETF Approval Could Skyrocket SOL’s Value 9x Higher, Report Finds
Leading asset manager and Bitcoin Exchange Traded Fund (ETF) issuer VanEck has officially filed a Spot Solana ETF with the US Securities and Exchange Commission (SEC), fueling bold growth predictions for the Solana ecosystem. Market-making firm…
Altcoins see another week of rocky trading, while traders are viewing Bitcoin price dips as a buying opportunity, as seen from the fresh inflows into the spot Bitcoin ETFs.
Solana Introduces Blinks, Brings Blockchain to the Web2 Space
Solana recently introduced new functionality to its network, bringing Blinks (blockchain links) to the Web2 space. Now, users and developers can take wallet actions, like making a transaction, a donation, or a vote using a wallet address, wherever…
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.
Barstool’s Dave Portnoy Plans Major BTC Buy if Price Drops to $40,000
American businessman Dave Portnoy, the founder and owner of Barstool Sports, announced that if bitcoin drops to the $40,000 range, he will invest $5-10 million worth of BTC using Barstool funds. Portnoy stated that while he personally owns BTC, he…
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