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Solana Achieved Its Best Year Ever, and the Numbers Back It Up

[Jan 6 7:30 AM] Solana was one of the networks that experienced explosive growth in 2024, both in technical and economic aspects. In December, Solana registered $304 million in inflows from other blockchains, only bested by Base and Hyperliquid. On the technical…

Do Kwon Extradited to US to Face Crypto Fraud Charges

[Dec 31, 2025 9:36 PM] Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his company’s Terrausd…

Slinky Launches Airdrop to 27.7 Million Wallets on Solana

[Dec 31, 2025 8:30 AM] Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a…

IRS Doubles Down on Immediate Staking Rewards Tax Stance

[Dec 28, 2024 5:30 AM] The U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on a position assumed in 2023 as part of internal guidelines. In a recent filing related to an ongoing lawsuit, the…

Uganda and Eight Other Nations Join BRICS as Partners in January

[Dec 27, 2024 12:30 PM] Russia has confirmed that Uganda will become a BRICS partner on Jan. 1, 2025, along with eight other countries: Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, and Uzbekistan. These nations will join the BRICS alliance as partner…

Crypto Remittances Grow In El Salvador Reaching 1% Share

[Dec 24, 2024 7:30 AM] The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and…

I am Proud to Stand With Bitcoin: Senator Ted Cruz

[Dec 23, 2024 7:30 PM] Senator Ted Cruz, a staunch champion for crypto reaffirmed his support for bitcoin while speaking at the Turning Point Americafest Conference. In his words, “We are going to unleash crypto. I am proud to stand with bitcoin. I am the only…

Ethiopia Signals Potential Shift on Cryptocurrency Stance

[Dec 23, 2024 12:30 PM] The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in the country’s stance on digital currencies. While…

Crypto Scam Busted—Victims One Step Closer to Justice

[Dec 21, 2024 12:45 PM] A South Lake Tahoe man, Daniel Chartraw, 51, faces a 12-count federal indictment for wire fraud linked to a cryptocurrency trading scheme, per U.S. Attorney Phillip A. Talbert. Arrested recently, Chartraw allegedly misled investors through his…

US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme

[Dec 21, 2024 10:30 AM] Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of…

Argentina to Patrol Cyberspace in the Hunt for Crypto Criminals

[Dec 17, 2024 12:30 PM] A recent resolution issued by the Security Ministry of Argentina has added crypto crimes to the set of activities that will be tracked and surveilled by police forces. Resolution 1330/2024 states that the federal security forces will develop…

Ether and Solana Grow in Brazilian Markets

[Dec 15, 2024 11:30 AM] According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether’s utilization increased significantly, having registered 950,000 transactions moving over $165 million – a…

Ethereum’s Buterin Acknowledges Argentine Peso’s Comeback

[Dec 13, 2024 10:30 AM] Ethereum founder Vitalik Buterin has acknowledged the performance of the Argentine fiat currency, the peso. On social media, Buterin stated that the Argentine peso to U.S. dollar exchange rate was exactly the same as it was one year ago. Praising…