A pastor in the state of Washington has been accused of swindling $5.9 million from churchgoers through a fraudulent cryptocurrency scam.

President-elect Donald Trump’s crypto project World Liberty Financial (WLFI) is loading up on decentralized finance (DeFi) altcoins, on-chain data shows. Blockchain intelligence platform Arkham reports that WLFI’s treasury acquired $50 million worth of different DeFi coins in preparation for its launch. “UPDATE: DONALD TRUMP’S WORLD LIBERTY FI ACQUIRED $50 MILLION OF DEFI COINS The World […]

Digital assets manager CoinShares says institutional investors poured a record $3.2 billion into crypto investment vehicles last week. In its latest Digital Asset Fund Flows report, CoinShares says that last week, institutional crypto investment products saw net inflows that brought yearly flows to $44.5 billion, a new record. “Digital asset investment products saw a continuation of […]

Plus Wallet: Mastering Multi-Chain Management Against Bitamp’s Bitcoin Assurance & Altcoin Instability In the ever-evolving cryptocurrency environment, choosing the right crypto wallet is crucial for both security and adaptability. Bitamp appeals to Bitcoin aficionados with unmatched privacy, ensuring that private keys remain on the user’s device and promoting transparency with its open-source nature. As Bitcoin […]

A known market analyst sees the $6 per coin prediction for XRP crypto being claimed by some experts as too conservative. Crypto Bitlord suggested that the real target for XRP is $589 per coin, adding that those skeptical about this target are “not delusional enough.” Three-Figure XRP Price Data showed that XRP is the top-performing […]

TL;DR The ONDO token reached a new all-time high of $2.14, driven by the purchase of 134,216 tokens by Donald Trump’s crypto project, World Liberty Financial. The acquisition amounts to $250,000 USDC and generated a 9% increase in the last 24 hours, with a 27% weekly growth and 114% monthly growth. The price increase is […]

Miami, Florida, December 16th, 2024, Chainwire Floki is set to make its mark at the 2024 World Tennis League (WTL), one of the most exciting mixed-gender exhibition tennis tournaments in the world.  Held at the Etihad Arena in Abu Dhabi from December 19 to December 22, this year’s event combines world-class tennis with live music, […]

The market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of the colossal $3.73 trillion crypto universe. Tether’s Market Share Soars in 2024 The journey of the dollar-pegged digital economy has been quite the adventure since stablecoins first hit the scene, […]

We have entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to retail customers in supported jurisdictions in accordance with the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization. To ensure clients receive funds when distribution starts, they can complete the necessary […]

Collapsed cryptocurrency exchange, FTX will start distributing funds to investors who incurred losses through partner crypto firms, including Kraken and BitGo. The company announced today (Monday) that its court-approved Plan of reorganization will become effective on January 3, 2025. Given the necessary requirements, FTX anticipates the first wave of distributions within 60 days following the […]

As Bitcoin continues to mature, one of the most telling indicators of its longevity and integration into the broader financial ecosystem is the rapid growth of Bitcoin Exchange-Traded Funds (ETFs). These products—offering mainstream, regulated exposure to Bitcoin—have garnered substantial inflows from both institutional and retail investors since their inception. According to data aggregated by Bitcoin […]

The ai16z developer is researching the intersection of artificial intelligence and Web3.

One feline-inspired memecoin is surging after a surprise listing by Binance, the world’s largest crypto exchange in the world. In a new announcement, Binance says that Simon’s Cat (CAT) will be available for trade starting Tuesday over the BNB Chain (BNB). Amid the news, CAT is trading for $0.00006245 at time of writing, up nearly […]

A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges. Citing data from digital asset analytics firm CryptoQuant, Martinez details a […]

The X account of Canadian rapper Drake was hacked over the weekend and used to promote a scam meme, resulting in his followers losing millions of dollars. The Solana-based scam token was named ANITA, a reference to Drake’s cartoon alter ego ‘Anita Max Wynn’: a reference to the rapper’s love of gambling (sounds like ‘I […]

The XRP price might double again if the token manages to break above a key resistance level

The U.K.'s FCA is seeking public comment on its plans to improve the transparency of the country's cryptocurrency markets.

The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months. This remarkable expansion underscores TRON’s status as a preeminent blockchain platform for stablecoin transactions, which are distinguished by their […]

Investors in Solana (SOL) and Aptos (APT) show interest in a new AI coin poised for a major surge in value. Selling for $0.06, this coin boasts the potential to deliver an eighty-fold return before the bull market ends. Given its utility-focused nature and AI-based niche, SOL and APT holders believe it could be the […]

The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,” […]

Key Takeaways: The Grayscale Bitcoin Trust has experienced massive outflows, well beyond that of other Bitcoin ETFs. The most successful Bitcoin ETF happens to be BlackRock’s iShares Bitcoin Trust-IBIT, which is hugely in demand. Irrespective of challenges with GBTC, the overall inflows into the Bitcoin ETF market look great and indicative of Bitcoin’s sustained appeal. […]

El Salvador has authorized Bitget to provide Bitcoin services in the country. The exchange is now seeking further approval to support more tokens.

The richest country in Southeast Asia has reportedly become the global leader in crypto adoption. Citing data from consultancy Henley & Partners, Bloomberg reports that Singapore is beating all other countries in embracing cryptocurrencies with the necessary infrastructure and rules the nation built for the digital asset industry. Singapore now has about 30 payments firms, […]

As Bitcoin hits new highs, miners are buying more of the digital asset, hoping for future gains. On Monday, the leading cryptocurrency soared to an all-time price high of $106 and more than $2.1 trillion in market capitalization. Amid the surge, Bitcoin mining firm Riot Platforms obtained new funds to buy more Bitcoins. The company […]

Bitcoin Energy Value, indicator of electricity price for Bitcoin (BTC) mining network, reaches $100,000

Ethereum has breached US $4k once again and may be on its way to a new all-time high, according to several industry analysts. Global crypto exchange Bybit reported that Ethereum is experiencing strong derivatives interest, and they expect the token to surge to new heights as soon as Q1 2025. Ethereum has also experienced an […]

While cryptocurrencies are often used as a shield against inflation, they are viewed more positively in developing countries than in developed …

Crypto analyst TradinSides has suggested that it might be time for investors to start closing their XRP long positions. This came as the analyst revealed a bearish pattern, which showed that the XRP price could witness a significant crash.  XRP Price Could Crash As Head And Shoulder Pattern Forms In a TradingView post, TradinSides predicted […]

The founder of venture capital firm Pomp Investments says that mounting US national debt is helping push Bitcoin (BTC) to new heights. In a new interview with Fox Business, longtime crypto bull Anthony Pompliano says that as long as the US government keeps the money printers on, the top crypto asset by market cap will […]

With bitcoin dancing well above the $100,000 mark since Dec. 11, occasionally dipping its toes below, a slew of long-sleeping bitcoin wallets have been springing back to life. Bitcoin’s $100K Plateau Brings Forgotten Fortunes Back Into Circulation Over the past four days, bitcoin (BTC), the crypto king by market cap, has been cruising well over […]

Bitcoin markets diverge from altcoins to continue the quest for BTC price discovery.

The competition is heating up in the crypto market, and December 2024 is the perfect time to jump on the bandwagon. The market is buzzing with opportunities, from decentralised projects breaking traditional barriers to tokens surging thanks to innovative real-world applications. Whether you’re a seasoned trader or a newbie looking to dip your toes, there’s […]