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ECB Maintains Interest Rates Amid Persistent Inflation Concerns
[Jul 18, 2024 8:16 AM] The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting…
German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off
[Jul 18, 2024 12:46 AM] The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the…
Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline
[Jul 17, 2024 9:37 PM] Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian…
Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead
[Jul 17, 2024 7:32 PM] Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his…
Plonky3, the Polygon Zero-Knowledge Proving System, Is Production Ready
[Jul 17, 2024 10:50 AM] Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or…
Issuance of TRON-Based USDT Exceeds $60 Billion
[Jul 17, 2024 7:09 AM] In a recent social media post, Justin Sun, the founder of TRON, announced that the issuance of TRON-based USDT has reached a significant milestone, exceeding $60 billion. This achievement also marks TRON as the first blockchain to have a single…
Crypto-Friendly VC Andreessen Horowitz Backs Trump Campaign
[Jul 17, 2024 3:55 AM] Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz, has announced his support for former President Donald Trump in the 2024 presidential race, citing Trump’s policies as more favorable for the tech industry and…
Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto
[Jul 17, 2024 3:18 AM] Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the theft and sale of Mperks account access information. Mui is required to forfeit his…
Zimbabwean Miner Launches Blockchain-Based Gold Tracking System
[Jul 17, 2024 2:30 AM] Zimbabwean mining company, Kuvimba Mining House, has introduced a blockchain-based mine-to-market traceability system for its gold production in the country. This system ensures that all gold from Kuvimba is traceable from the mine to international…
Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows
Ripple Donates $1 Million to New Super PAC Seeking to Unseat Senator Elizabeth Warren
[Jul 16, 2024 7:16 PM] Ripple Labs has donated $1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed…
JPMorgan Bullish on Gold Prices Into Year-End
[Jul 16, 2024 6:30 PM] Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its…
Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings
[Jul 16, 2024 4:45 PM] Tanzania’s Ministry of Tourism and Natural Resources has mandated that all fees in the tourism sector must be paid in local currency, aligning with a government directive for local transactions to use the country’s shillings. This requirement…
Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case
Cambodian Firm Receives $150K in Crypto From North Korean Hackers
[Jul 16, 2024 5:20 AM] A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay…
Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit
[Jul 16, 2024 2:25 AM] Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This…
Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury
[Jul 16, 2024 1:25 AM] Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for…
Tech Billionaire Michael Dell Calls Bitcoin Fascinating
[Jul 16, 2024 12:19 AM] Michael Dell, the founder and CEO of Dell Technologies, has expressed his fascination with Bitcoin on social media. Dell, who has a net worth of approximately $108 billion, shared a recent video of Blackrock CEO Larry Fink discussing bitcoin on…
Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice
[Jul 15, 2024 11:30 PM] John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments…
China’s Economic Influence Noted by Majority in 35 Countries, Pew Survey Shows
[Jul 15, 2024 9:30 PM] A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech…
Report Uncovers North Korean Hackers’ Crypto Job Board Infiltration
[Jul 15, 2024 11:57 AM] North Korean hackers are infiltrating crypto job boards, posing as fake applicants to steal sensitive data, hack systems, and gather assets, according to a DL News investigation. More than 4,000 North Koreans have been directed to penetrate the…
Trump to Address Bitcoin 2024 Conference Despite Assassination Attempt
[Jul 15, 2024 3:55 AM] Former President Donald Trump, who survived an assassination attempt during a rally in Pennsylvania on July 13, is reportedly still scheduled to address the Bitcoin 2024 Conference, taking place in Nashville from July 25 to July 27. According to…
Guernsey Post to Launch Limited Edition Crypto Stamps
[Jul 15, 2024 12:31 AM] Guernsey Post, the postal service for the island of Guernsey in the Channel Islands, is set to become the first postal operator in the British Isles to introduce crypto stamps, merging traditional stamp collecting with digital non-fungible tokens…
Solana Based AI Project Grass Announces Final Epoch of Closed Beta
[Jul 14, 2024 11:28 PM] Grass, an artificial intelligence (AI) based web crawling project that uses the Solana network, has announced the end of its closed beta version with its final epoch. Grass stated that the beta allowed it to verify that it can reach 100% of the…
SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm
Justin Sun Endorses Donald Trump After Assassination Attempt, Citing Crypto Industry Benefits
[Jul 14, 2024 8:14 AM] TRON founder Justin Sun has publicly endorsed former U.S. President and current presidential candidate Donald Trump in the upcoming election, citing his potential to provide a more favorable environment for the cryptocurrency industry. In a social…
Nigerian Judge to Rule on Binance Tax Evasion Case in October
[Jul 13, 2024 10:30 PM] Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register…
TRUMP Meme Coin Soars After Attack on Former US President
[Jul 13, 2024 6:54 PM] Following the assassination attempt on former President Donald Trump, the meme token associated with his name, maga (TRUMP), jumped over 40% against the U.S. dollar. The token experienced a wide intraday trading range, fluctuating between a low of…
US Lawmakers Submit Resolution Urging Nigeria to Release Jailed Binance Executive
[Jul 13, 2024 4:09 AM] U.S. lawmakers have submitted a resolution calling on the Nigerian government to immediately release the jailed Binance executive, Tigran Gambaryan. In the resolution submitted to the Committee on Foreign Affairs, the lawmakers urge the United…