Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2400% price increase year-to-date.  While Bitcoin (BTC) and other major cryptocurrencies experience price corrections, the Akash Network and its native token are surging at a remarkable pace. […]

The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.

These airdrops are often used as a marketing strategy to increase awareness and ownership of a new cryptocurrency.

The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill proposes to conduct a study on the issue […]

Upcoming inflation data could awaken ‘sleeping giant,’ propelling XRP price higher

A widely followed crypto trader says that the build-up to the US presidential election in November could send two memecoins soaring. Pseudonymous crypto analyst Altcoin Sherpa tells his 216,000 followers on the social media platform X that meme tokens MAGA (TRUMP) and Jeo Boden (BODEN) could outperform due to election year excitement. TRUMP is inspired […]

Over the past few weeks, the price of VeChain (VET) has struggled to live up to the promise and vigor it showed at the start of the year. This has been the story with a significant portion of the cryptocurrency market, with several large-cap altcoins down by double-digits in the past month. However, the VeChain […]

Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.

TL;DR Jack Dorsey makes a bold prediction about the price of Bitcoin: $1 million by 2030. He bases his prediction on the collaborative nature of the BTC ecosystem, where each individual contributes to its value increase. Dorsey backs his confidence in BTC with concrete actions, as he will allocate 10% of his company Block’s profits […]

TL;DR Optimism’s Growth: As a Layer 2 solution on Ethereum, Optimism enhances scalability with a Total Value Locked (TVL) of over $300 million. It supports major DApps and consistently generates revenue, with a focus on simplicity and ecosystem growth. Price Predictions: Price forecasts for OP vary, with predictions for 2024 ranging from $2.60 to $12.31. Long-term […]

The crypto market is a whirlwind of innovation. Established projects continue to evolve, while new ventures emerge daily, pushing the boundaries of what’s possible. Identifying these up-and-coming cryptos with the potential to multiply your portfolio can be a game-changer.  Look no further, because this article explores three exciting new players poised for significant growth: Frontier […]

TL;DR The legal confrontation between Ripple and the SEC intensifies, with recent filings focusing on whether a key witness’s declaration is standard evidence or unsolicited expert testimony. As both parties await a judicial ruling, speculations arise about a potential settlement this summer. The SEC’s Actions The legal case between Ripple and the US Securities and […]

An illegal cryptocurrency mining farm was discovered in Issyk-Ata district of Chui region. The press service of the State Committee for National …

First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with Russia, and national security concerns. IMF Executive: Nations Examining Reliance on U.S. Dollar […]

This development has prompted speculation about potential trajectory of ADA’s price in near term

Real Vision crypto analyst Jamie Coutts says that key indicators for one Ethereum (ETH) competitor are flashing bullish. The former Bloomberg analyst tells his 14,100 followers on the social media platform X that NEAR Protocol (NEAR) could soar more than 47% from its current value. “Absolute price momentum: has been consolidating since March. The technical […]

The biggest bank in the US, JPMorgan Chase, says it now holds about $760,000 in spot Bitcoin ETFs on behalf of its clients. In a new Form F13 filing, which requires institutional investment managers to disclose their holdings, JPMorgan says the exposure is spread across BlackRock’s iShares Bitcoin Trust (IBIT), the ProShares Bitcoin Strategy ETF […]

Cryptocurrency exchange ShapeShift founder Erik Voorhees announced on Friday the public launch of his latest venture, Venice AI, a privacy-focused generative AI chatbot. Privacy is a critical concern for the cryptocurrency space and among artificial intelligence users—a crucial factor in the creation of Venice AI, he said. “I saw where AI is going, which is […]

Bitcoin experienced a price decline of 3.06% on Friday, falling as low as $60,372.36 based on data from CoinMarketCap. With the crypto market leader now in a consolidation phase, a trading analyst with X username Titan of Crypto has expressed resilient faith in Bitcoin’s ability to produce a post-halving price rally. Bitcoin Rise Inevitable, Analyst […]

Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.

TL;DR Revolutionary zkLogin: Sui has enhanced its zkLogin system with multi-signature recovery, allowing users to recover accounts seamlessly, even if the credential issuer or application is inactive. This update includes social login integration from platforms like Google, Facebook, and Apple. Multi-Sig Security: The new multi-sig feature supports complex use cases, enabling up to 10 zkLogin […]

TL;DR BlockFi is undergoing liquidation and restructuring after declaring bankruptcy in 2022 and has announced new measures. The strategic partnership with Coinbase will allow customers of the lending platform to access and withdraw funds efficiently. Deadline dates have been established. Those unable to open an account on the exchange will receive cash distributions. The company […]

In the ever-changing crypto world where investors always seek to maximize profits on their investments, the new Ethereum-based DeFi project, ETFSwap (ETFS), has attracted investors’ sentiment with its ongoing presale.  The new platform has captured the attention of crypto enthusiasts and investors after its presale was projected to see a scintillating 1,000% price increase amidst […]

Neel Somani, the founder and CEO of the Ethereum layer 2 blockchain project Eclipse, has announced a temporary reduction in his role following allegations of sexual misconduct. In a statement posted on May 9th, Somani addressed the accusations, asserting his innocence while acknowledging the seriousness of the situation. Somani Denies Sexual Misconduct Allegations The allegations […]

The cryptocurrency industry has long been asking Washington for more regulatory clarity, and this bill could put the sector on the road to that goal, …

In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s net income for the same period was $126.7 million. Gary A. Vecchiarelli, the CFO of Cleanspark, partially attributes the company’s “record-breaking” performance to the surge in bitcoin prices. Impact of Bitcoin […]

Novel strategic alliance is focused on empowering businesses in emerging markets by offering more accessible capital solutions through blockchain technology

Block CEO Jack Dorsey recently predicted Bitcoin could reach a price of “at least $1 million” by 2030.  Since stepping down from Twitter, now X, Dorsey has become a leading Bitcoin advocate, taking part in various Bitcoin and Nostr-related initiatives. JUST IN: Jack Dorsey predicts at least $1 million #Bitcoin price by 2030 🚀 pic.twitter.com/uNukkC4goQ […]

One of the largest banks in Australia is rolling out a plan to terminate cash and checking services. In an update on its website, Macquarie Bank, which has $267 billion in assets, tells customers that a digital-centered banking experience will begin in November. “In case you missed it, we’re phasing out our cash and cheque […]

Prominent DeFi ecosystems Algorand and Ripple have joined the DeRec Alliance. DeRec Alliance, created by the founder of Hedera Hashgraph Leemon Baird, intends to streamline recovery of digital assets within the Web3 sector. The goal is to simplify the recovery of lost crypto to help make navigating decentralised finance a safer experience for all. Casper […]

As the market begins to recover from its downturn, popular altcoins are slowly regaining their recent losses. With the broader crypto community gearing up for the anticipated bull run, investors are seeking tokens that could surpass current leaders and deliver significant returns. Many industry analysts and influencers are pointing to these five tokens as the […]

Blockchain data shows that nearly 23,000 ETH was transferred into the victim’s account after negotiations opened on May 10.