Satoshi-era dormant Bitcoin address wakes up after 10 years
[May 6, 2024 2:35 AM] According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade.
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Nigerian Court Postpones Binance, Tigran Gambaryan Money Laundering Trial to May 17
[May 6, 2024 1:40 AM] A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense…
1 Billion Served: Bitcoin Network Gears Up For The Next Billion Transactions
[May 6, 2024 1:08 AM] Bitcoin, the trailblazer of cryptocurrencies, reached a symbolic milestone this weekend, processing its 1-billionth transaction. This achievement has ignited a celebratory mood among proponents, who hail it as a testament to the digital…
South Korea stops short of allowing crypto in updated donation laws
[May 6, 2024 12:06 AM] Department store gift vouchers, stocks, and loyalty points from tech giants can be donated to charities, but not crypto.
Latam Insights: South African Ponzi Scheme Boss Dies in Brazil, Argentine House Passes Crypto Tax Regularization Bill
[May 5, 2024 11:33 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto…
Australian Court Rules Against BPS Financial for Unlicensed Crypto Operations
India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
[May 5, 2024 5:35 PM] As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency…
Sui Surpasses Solana in Daily Transactions Amidst Spam Token Frenzy
Blackrock’s BUIDL Fund Overtakes Franklin Templeton to Become Largest RWA Tokenized Offering
[May 5, 2024 1:07 PM] Based on the most recent figures, Blackrock’s USD Institutional Digital Liquidity Fund, also known as BUIDL, has expanded to $381.76 million, overtaking Franklin Templeton’s onchain investment vehicle, BENJI, as the largest real-world asset…
XRP Holders Stack Coins Despite Price Dip: Bullish Signal Or HODL Of Desperation?
[May 5, 2024 11:30 AM] The cryptocurrency market has been battered by recent storms, with many altcoins experiencing significant price drops. XRP, however, seems to be weathering the tempest with a hint of defiance. While its price has dipped, on-chain data reveals…
Epic Satoshi Spurs Launch of New Runes Tokens With $88M Market Cap
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
[May 5, 2024 10:11 AM] Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash…
Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker
[May 5, 2024 8:19 AM] A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with regulatory authorities. Additionally…
Cardano Comeback: Analyst Reveals Why It’s Time To Get Back Into ADA
[May 5, 2024 7:00 AM] Cardano (ADA) might be going through a lackluster price action at the moment, but analyst Ali Martinez believes the crypto might be gearing up for a parabolic run. While taking to social media platform X, Martinez talked about an intricate price…
Bitfinex CTO Dismisses Breach Claims as ‘Pure FUD,’ Says No Group Has Asked for Ransom
Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern
[May 5, 2024 1:20 AM] Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has classified cryptocurrency…
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning
[May 4, 2024 10:26 PM] The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say…
Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August
[May 4, 2024 7:33 PM] Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,”…
Robert Kiyosaki Shares Crash Survival Rules — Warns ‘Crash Has Begun, It Will Be a Bad One’
[May 4, 2024 5:14 PM] Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to invest in bitcoin, alongside gold and silver, emphasizing that…
Block Is Buying Bitcoin Every Month for Its Balance Sheet
[May 4, 2024 3:35 PM] Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the…
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges
[May 4, 2024 12:09 PM] According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years following his arrest in Greece…
Snowden Issues ‘Final Warning’ to Bitcoin Developers on Privacy Enhancements
[May 4, 2024 10:23 AM] In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a stern warning to Bitcoin developers…
Crypto Expert Arthur Hayes Says Bitcoin Has Found Its Local Bottom – But Can It Hold This Level?
[May 4, 2024 10:00 AM] Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his thoughts on the current Bitcoin price action. He stated that the flagship crypto has hit a local low and predicted what its future trajectory will look like. Hayes Says…
NFT Market Sees Over 30% Decline in Weekly Sales
[May 4, 2024 8:31 AM] From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a…
PEPE Primed For A Big Leap: 80% Price Increase Incoming?
[May 4, 2024 8:00 AM] The cryptocurrency market may be experiencing a cool down, but one meme coin is refusing to catch a cold. PEPE, a token emblazoned with the internet’s famous frog, has defied recent bearish trends with a surge in price and trading activity…
Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow
[May 4, 2024 7:07 AM] Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78…
US Authorities Charge Man in Connection With $43 Million ‘Classic’ Ponzi Scheme
[May 4, 2024 5:17 AM] U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43 million. FBI Assistant…
Shiba Inu In Danger Zone: 15% Price Crash Incoming?
Democratizing Investment – The Power of Asset Tokenization in Real-World Assets
[May 4, 2024 2:26 AM] In the traditional financial landscape, investment opportunities in real-world assets (RWAs) have traditionally been reserved for the affluent and well-connected, with significant barriers preventing the average person from accessing lucrative…