In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in Search of Privacy Solution for CBDC The pilot of the Brazilian central bank digital […]
While technically possible, the likelihood of mining a block solo without significant hash power is extremely low.
It’s safe to say that the bears dominated the past few days in the cryptocurrency markets, as bitcoin’s price dumped to a new multi-month low of $82,000 on Wednesday evening. Such a massive price move in either direction hints at further volatility for the underlying asset, but one particular analyst believes the bear market might […]
Key Takeaways: M2 money supply growth (delayed until early 2025) might indicate another surge in Bitcoin’s price. But experts advise caution, noting that Bitcoin’s price is determined by many economic factors, not just a single one. Historically, there has been a strong correlation between increases in global M2 and Bitcoin price appreciation. As ever in […]
The chief investment officer of crypto asset management firm Bitwise says the industry needs a new selling point now that memecoins are losing mindshare. In a new interview with crypto influencer Scott Melker, Bitwise CIO Matt Hougan says that North korean hacking group Lazarus attempting to launder funds from the Bybit hack through memecoin platform […]
Dubai, United Arab Emirates, February 26th, 2025, Chainwire The MuskIt team was proud to host Errol Musk in Dubai for an exclusive four-day visit this week. As an honored guest of the MuskIt project, Errol Musk explored key locations for the proposed Musk Tower – a planned hub for global technology, blockchain innovation, and entrepreneurship. His […]
In a time when the market brims with excitement, seasoned investors seem to be playing a different game. Observers are noticing a curious pattern: while many small-scale traders appear hesitant, larger investors are quietly increasing their holdings in certain digital currencies. This shift in strategy raises questions about what these big players might foresee in […]
BlackRock’s Bitcoin ETFs have haemorrhages $420 million in one day
To combat the increasing number of scams, the FBI launched Operation Level Up last year. “Cryptocurrency investment fraud is the largest and most …
On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put options with a strike price of $70,000. Bitcoin Plummets 20% Since […]
Nvidia’s latest earnings have beaten Wall Street estimates on the top and bottom line as the chip maker said AI is advancing at “light speed.”
Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […]
Ripple is expanding beyond cross-border payments with its XRP Ledger designed to support institutional DeFi through compliance-focused blockchain infrastructure. Developers have already implemented several functions including an Automated Market Maker for liquidity management and Decentralised Identity for secure transactions. The company is entering the price oracle space with protocol-native oracles that eliminate the need for […]
Coffeezilla’s recent interview with Hayden Davis, the ‘mastermind’ behind the disastrous launches of $LIBRA and $MELANIA, has shown just how bad the world of memecoins has become. Davis revealed he sniped the launches of both $LIBRA and $MELANIA and has engaged in insider trading and secret endorsement deals, but claims this is all standard practice […]
Bitcoin (BTC) has outperformed all other sectors in the crypto market this year, with various categories experiencing significant losses. Especially, sectors like meme coins and AI appear to have taken a hit in 2025. Market Trends Reverse According to recent findings by Delphi Digital, the most severe declines were observed in AI-related sectors, with AI […]
Bitcoin Magazine Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” at which certain members of the subcommittee and crypto industry witnesses predominantly discussed stablecoin regulation. Senator Cynthia Lummis (R-WY), a long-time […]
A popular market analyst known for his timely crypto calls says that the astronomical altcoin gains of the last cycle are probably never going to happen again. Pseudonymous trader Pentoshi tells his 858,600 followers on the social media platform X that altcoins now have less potential to print the same level of gains seen in […]
Key Takeaways: MetaMask introduces off-ramp support to 10 new blockchains to make crypto-to-fiat conversion easier. Transak adds a layer of streamlining transactions with lower fees for users. This step seeks to welcome the next generation of crypto users by enhancing accessibility. MetaMask Will Provide Off-Ramps to 10 More Blockchains in a Major UX Upgrade MetaMask, a leading cryptocurrency […]
The founder of Gotbit, whose firm was allegedly caught by FBI’s trap token to catch crypto fraudsters, has been extradited from Portugal to the US to face charges.
At least market is seeing comeback of volatility
A new industry survey has revealed significant disparities in crypto over-the-counter (OTC) trading volume estimates. Some liquidity providers suggest daily figures exceeding $100 billion, while the average estimate stands at approximately $39 billion. Crypto OTC Market Averaging $39B Daily, Survey Finds The findings come from an in-depth survey conducted by Finery Markets, which targeted key […]
FOX 35 investigates a new way to buy homes in Central Florida. Cryptocurrency is changing the real estate game, and local agents are getting …
Bitcoin price started a fresh decline below the $88,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $92,500 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]
TL;DR Ripple will update the XRP Ledger with compliance tools, liquidity improvements, and greater interoperability with other blockchains. A peer-to-peer lending system and an Ethereum Virtual Machine (EVM)-compatible sidechain will be integrated. New features will include decentralized identity (DID), price oracles, and an Automated Market Mechanism (AMM) to optimize operations. Ripple has announced a series […]
The crypto market is experiencing a resurgence, and several altcoins are ready for a strong rebound this spring. Enthusiastic investors are keenly watching top contenders like XRP, ADA, AVAX, and LINK for remarkable potential gains. These cryptocurrencies are proving to be promising assets in the current bullish market, offering opportunities for significant returns on investment. […]
The Avalanche Foundation and digital payment firm Rain launched the Avalanche Card on Feb. 26, 2025, enabling users in Southeast Asia, Africa, and Latin America to spend cryptocurrencies through Visa’s global network. Avalanche and Rain Partner to Launch Crypto Card for Conversion-Free Spending The card supports transactions using USDC, USDT, Wrapped AVAX (wAVAX), and AVAX, […]
Mastercard is announcing a new partnership with Ondo Finance (ONDO) that will see the project join the credit card giant’s Multi-Token Network (MTN), a blockchain that links commercial banks and digital assets. In a new press release, Mastercard says it is joining forces with the real-world asset (RWA) tokenization protocol because the firm believes blockchains […]
Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether. Additionally, the decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, going above fellow Solana stalwart Pump.fun. Jupiter Usurps Pump.fun According to data from DefiLlama, the exchange has earned $10.88 million in fees […]
Solana has demonstrated growth in the stablecoin sector despite a decline in memecoin activity. Paxos has launched the Global Dollar (USDG), a USD-pegged stablecoin, on the Solana network. The issuance of USDG comes as Solana’s stablecoin market capitalization moves back past US $11.6b. Solana’s memecoin renaissance may be coming to a halt, but the blockchain […]
The complexities of tracking and filing crypto taxes have long been a significant barrier to fully exploring the breadth of the crypto ecosystem. So we’re extending our partnership with Koinly, a leading crypto tracking and tax reporting solution, to simplify the process for our clients so they can trade with confidence. First things first: Your […]
Key Takeaways: Hackers exploiting Bybit have laundered more than $335 million in stolen ETH. Blockchain data links it to North Korea’s Lazarus Group. Bybit’s response is closely observed as a key test of trust in CEXs. Meanwhile, the crypto world holds its breath as the ripples of the colossal Bybit hack play out. If you follow the […]
MARA Holdings said it took a “strategic pause” to the first wave of AI to see how it shakes out but now appears ready to jump in.