Taiwan’s police have recently dismantled a substantial crypto-related money laundering scheme. In Taichung, authorities discovered and arrested individuals in a criminal operation involving roughly 324.2 million USDT (Tether). The latest report shows the case marks the largest of its kind in Taiwan’s history, shedding light on the dark underbelly of digital currency exploitation for illegal […]

Sam Bankman-Fried has concluded his last testimony in his criminal trial and now the fate of the former FTX CEO lies in the hands of Jurors with the power to convict him to his sentence or exonerate him.  Former FTX CEO Testimony Reaches Climax Founder and former CEO of failed FTX Trading Ltd, Sam Bankman-Fried […]

In a recent interview with CNBC’s Market Alert, Mohamed A. El-Erian, a highly regarded economist and part-time Chief Economic Advisor at Allianz, gave his perspective on the shifting dynamics of safe-haven assets like Bitcoin amidst global turmoil. Previously known for his influential role as the former CEO and Co-CIO of PIMCO, El-Erian shared his insights […]

Solana has enjoyed a sharp rally of about 23% in the last few days. Here’s what’s required for this run to continue further. Solana Knocks On The Door Of $40 After Rapid Increase While most of the cryptocurrency has been flat in the last few days, Solana has decoupled from the pack and has shown […]

The historical performances of the top 10 cryptocurrencies by market cap have revealed that XRP is the best coin to invest in for November. This assessment is based on the average monthly returns for all of the top 10 coins through the month of November, and XRP having the highest returns. XRP Beats Out Other […]

Bitcoin (BTC) enthusiasts have long been known for their bullish predictions, but a recent report from brokerage firm Bernstein is adding weight to their claims. The report suggests that Bitcoin’s historical price movements, particularly its relationship with halving events, make the prediction of a $150,000 price tag by 2025 not as far-fetched as it may […]

The court has sentenced Amir Bruno Elmaani, the founder of the defunct crypto firm Oyster Protocol, to four years in prison for evading taxes. According to the US Attorney’s Office’s October 31 statement, 31-year-old Elmaani, alias Bruno Block, received the sentence after pleading guilty on April 6. Federal prosecutors sued Block for offering unregistered ICO, […]

The CFTC has paid a staggering amount of money to crypto whistleblowers for providing sensitive information that led to the successful launch of several enforcement actions.  CFTC Whistleblowers Cash In This year, the Commodity Futures Trading Commission (CFTC) received an influx of tips from informants on illegal dealings in cryptocurrency and environmental fraud.  Related Reading: […]

The US Securities and Exchange Commission (SEC) was dealt the next major blow in its battle against the US crypto industry yesterday. At the center of this whirlwind of allegations is an assessment by the US Government Accountability Office (US GAO) on Staff Accounting Bulletin No. 121 (SAB 121) and criticism by pro-XRP attorney John […]

A team member and content marketing specialist for Shiba Inu “Lucie” has recently shared simple insights on why these highly anticipated Shiba Inu updates – the Shib Name Service (SNS) and Shibdentity – are important.  Lucie On The Importance Of Shib Name Service (SNS) And Shibdentity The content marketing specialist for Shiba Inu took to […]

Stablecoins, the digital assets designed to minimize price volatility, are poised for a significant metamorphosis in the near future, driven by the evolving demands of the competitive financial landscape.  Jeff Lewis, a key figure in Pantera Capital, has emphasized the imperative need for stablecoin providers to integrate money market yields into their offerings to retain […]

Bittrex, a leading U.S. cryptocurrency exchange, faces closure after gaining court approval. The once-thriving platform, a cornerstone in American crypto trading, prepares to shutter its services, leaving traders and investors contemplating the void it will create in the industry. The court’s definitive decision marks a turning point, prompting a dramatic shift in the landscape of […]

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 31, with the prosecution cross-examining the defendant. Despite the line of questioning from the prosecutor, SBF managed to spin his narrative on what went on at the crypto exchange. However, it remains to be seen if this […]

Dogecoin (DOGE) enthusiasts may need to temper their optimism, as a prominent cryptocurrency analyst warns of a looming deep pullback. The meme coin’s recent struggle to breach a critical resistance level has raised concerns about its short-term prospects. In the world of cryptocurrency trading, resistance levels play a crucial role. These levels represent price points […]

In a major announcement yesterday, Shytoshi Kusama, the lead developer of the Shiba Inu project, unveiled the ambitious “Shib Name Service” (SNS) on the Shibarium platform. The announcement was made through a blog post shared via X (formerly known as Twitter), with Kusama teasing, “No tricks here, only the first of many treats.” Shiba Inu’s […]

Fifteen years ago, an unidentified individual known as Satoshi Nakamoto introduced the groundbreaking white paper Bitcoin: A Peer-to-Peer Electronic Cash System, redefining how value is transferred in the digital realm. This concise nine-page document outlined revolutionary concepts, such as cryptographic hashing, block architecture, and timing mechanisms, fundamentally altering societal perspectives on money and initiating a […]

Ethereum venture capitalists (VCs) are “not stupid” and know that investing in the world’s largest smart contract platform won’t result in the “multiples” they desire, according to a crypto user. Going by the handle R89Capital, claims that VCs are now looking at Ethereum layer-2 assets as vehicles to exit the market, dumping “Ponzi tokens.” Ethereum […]

October 31, 2023, marked the 15th anniversary of the release of the Bitcoin whitepaper, a seminal document that laid the foundation for developing the Bitcoin network.  Authored under the pseudonym Satoshi Nakamoto, the whitepaper outlined a decentralized digital currency’s key concepts and principles, igniting a revolution in finance and technology. As the cryptocurrency community celebrated […]

Ethereum is the most popular smart contract platform if the number of full-time developers is anything to go by. Based on the Developer Report, sourcing their data from GitHub, Ethereum had 1,889 full-time developers, more than 10X those working on Cardano (153), a competing platform, and more than triple those working on Polkadot (621), as of […]

There have been a number of XRP price predictions over the last month and the vast majority have been incredibly bullish. This bullishness stems from the fact that Ripple has secured multiple wins against the United States Securities and Exchange Commission (SEC) over this time, allowing the digital asset the space to begin climbing up […]