South Korean police have detained two individuals for allegedly running a fraudulent crypto-based scam. According to the South Korean news outlet Chosun, a young duo in their 20s and 30s cheated an elderly man in his 60s for stealing 5.5 billion Korean won worth $4.1 million. The report says that the elderly victim was promised massive […]

The new US spot bitcoin ETFs, which launched in January after gaining the SEC’s approval, have dramatically shifted the crypto industry landscape, and appear to be in the process of altering traditional finance. In fact, the new ETFs have been unprecedented in their levels of attention and initial demand over their first two months, and […]

Today, a freelance developer focused on Bitcoin and the Lightning Network, Super Testnet, unveiled his latest invention, Hedgehog, a protocol for asynchronous layer two bitcoin payments. “This is a protocol similar to the Lightning Network,” Super Testnet stated. “And that it is a layer 2 for Bitcoin payments, only in this one, unlike the Lightning […]

Bitcoin price is consolidating gains above the $70,000 resistance zone. BTC could rally again if there is a move above the $71,500 resistance in the near term. Bitcoin price moved in a positive zone above the $66,500 level. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a key […]

Anton Siluanov, the finance minister of Russia, is prepared to discuss the gray areas surrounding cryptocurrency mining and the use of its proceeding for payments. In a recent lecture, Siluanov stated that the government needed to agree “on what can be done with cryptocurrency,” and “what cannot be done,” recognizing that the issue had been […]

Shiba Inu’s potential bullish breakout grabs attention as meme cryptocurrency’s price inches higher

A popular crypto trader believes altcoins are on the verge of big rallies after a pullback in the digital assets market. The pseudonymous analyst known as Altcoin Sherpa tells his 212,400 followers on the social media platform X that Render (RNDR), a project related to Graphics Processing Units (GPUs), seems to be consolidating in preparation […]

Rich Dad Poor Dad author Robert Kiyosaki says the actions of US leaders in both the private and public sectors have made him bullish on Bitcoin (BTC). Kiyosaki tells his 2.5 million followers on the social media platform X that the US government is ripping off Americans by taking on massive amounts of debt to […]

Layer 1 Potential: BlockDAG’s 10,000x ROI Spurs Presale Excitement; XRP Demonstrates Recovery Strength & Aptos Targets Market Stability With XRP displaying remarkable resilience effectively overcoming recent technical setbacks, it shows stability, casting a ray of hope for investors in Aptos (APT) searching for a dependable anchor amidst the volatile cryptocurrency market. Yet, the limelight and […]

Tether, the company behind USDT, the largest stablecoin by market capitalization, has announced plans to double down on its artificial intelligence (AI) focus and recruit relevant talent to that effect. According to an official release, the stablecoin provider said the move highlights its dedication to advancing AI efficiency and accessibility in the technology sector. Tether […]

… cryptocurrency. Khuu imported and distributed counterfeit pharmaceutical pills and other controlled substances on dark web markets (DWMs) and …

TL;DR Fantom announces the launch of its Sonic technology in response to the scalability challenges faced by the Opera network. Sonic can process up to 2,000 TPS with sub-second finality. Fantom plans to create a new shared sequencer for L1 and L2 chains, capable of processing over 180 million daily transactions. In a strategic move […]

TL;DR SWIFT’s initiative to connect CBDCs contradicts the fundamental principles of decentralization that inspired the creation of cryptocurrencies. It represents an attempt to maintain centralized control over the financial system, in opposition to the spirit of financial freedom and autonomy of cryptocurrencies. SWIFT’s proposed centralization to facilitate CBDC interoperability raises serious concerns about privacy, security, […]

US federal prosecutors announced charges against crypto exchange KuCoin and two of its founders for allegedly violating anti-money laundering (AML) laws today (Tuesday). According to the indictment, KuCoin operated in the US without proper registration and failed to maintain an adequate AML program. No Arrests Made despite Charges The indictment, brought forth by the US […]

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As the Argentine economy is racked by record inflation, its people are turning to Bitcoin as […]

Jelle, a well-regarded crypto analyst, recently shared via the latest post on X that Bitcoin is on the verge of a significant upward movement, potentially reaching the $100,000 mark much sooner than many have anticipated. This optimistic prediction comes when Bitcoin has shown considerable resilience, bouncing back from various challenges and solidifying its position as […]

Van de Poppe identifies as a portfolio maximalist, seeking diverse investment opportunities, not just Bitcoin. He believes currently altcoins are undervalued, advocating for purchases before a rally, aiming for strategic entry points. He recommends reallocating altcoin returns to Bitcoin, emphasising portfolio rebalancing and informed trading based on valuation methods. Analyst Michaël van de Poppe is […]

Quarter million for Bitcoin? Multinational bank believes it is possible

By Vishnu Patankar, Kraken’s Chief Technology Officer Crypto is uniquely suited to adopt AI Our industry is known for its volatility and 24/7/365 dynamic. As anyone who’s worked in crypto knows, the bull run quickly leads to immense pressures on most core functions, such as account sign-ups, client responses and token listings. In these situations, […]

The co-founder of the BitMEX crypto derivatives exchange Arthur Hayes is offering his prediction on Ethereum (ETH) less than three months after the approval and subsequent listing of spot Bitcoin (BTC) exchange-traded funds (ETFs). In a new The Wolf of All Streets interview, Hayes says he expects demand for Ethereum to pick up, especially if […]

Real Vision CEO Raoul Pal thinks “macro summer” has begun and will send the prices of Bitcoin (BTC) and altcoins soaring. The former Goldman Sachs executive tells his 1 million followers on the social media platform X that macro summer involves the ISM manufacturing index picking up. The ISM is an indicator of US economic activity. […]

In a significant move towards revolutionizing asset trading, Dubai-based CreataChain DMCC and Al Reem FZCO have signed a Memorandum of Understanding (MOU) to formalize their partnership. The collaboration aims to leverage blockchain technology to develop a pioneering Real-World Asset (RWA) marketplace. Combining CreataChain’s technical capabilities with Al Reem’s market insights and legal expertise, the two […]

NEW YORK (AP) — A top U.S. prosecutor has announced criminal charges against a once ascending company in the cryptocurrency world and two of its …

The Maker token’s recent transactions have marked an interesting phase in its journey in the current market. Alongside this, the Algotech presale progresses, showcasing another aspect of the evolving digital asset landscape.  Amid these developments, BlockDAG stands out with its ambitious roadmap for significant milestones by 2024, suggesting a noteworthy trajectory in the crypto sphere. […]

TL;DR Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins. The service expansion excludes users from the USA, Canada, Japan, and several other regions. The world’s biggest cryptocurrency exchange will expand the list of services offered on Binance Spot “to enhance users’ trading experience.” It […]

Portugal’s data regulator, CNPD, has ordered Worldcoin to cease collecting biometric data in the country for 90 days, citing concerns over users’ data protection rights. According to a report by Reuters, CNPD highlighted risks related to unauthorized data collection from minors and inadequate mechanisms to erase the information collected from users. However, Worldcoin has refuted […]

Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital, according to a press release sent to Bitcoin Magazine. This investment is to help Neutronpay bring instant and cost-effective payment solutions in Southeast Asia’s digital economy with Bitcoin. “We are delighted to continue to support Albert and the team as […]

Ethereum price is showing positive signs above the $3,550 zone. ETH must clear the $3,680 resistance to continue higher in the near term. Ethereum started another increase above the $3,550 resistance zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support at […]

TL;DR The Base blockchain, developed by Coinbase, has seen a significant surge in activity and locked funds due to a frenzy led by meme coins. This has resulted in high gas fees and network congestion, with trading bots exacerbating the issue. Daily transactional activity on the Base blockchain has tripled to over 1.5 million, and the […]

TL;DR Osmosis, dydX, and Synthetix are leading the pack in the DeFi sector with the most active development. Osmosis, a Decentralized Exchange (DEX) on the Cosmos network, has seen over 169 commits on GitHub in the last 30 days. Much of dydX’s development activity is linked to its early-January v4 upgrade, which transitioned the decentralized derivatives […]

Goldman Sachs’ clients are reportedly jumping into crypto-related trades following the launch of Bitcoin (BTC) exchange-traded funds (ETFs). Max Minton, Goldman’s head of digital assets in Asia, tells Bloomberg that the banking giant’s clients are investing in crypto derivatives for multiple purposes. “The recent ETF approval has triggered a resurgence of interest and activities from […]

The United States Department of Justice has levied criminal charges against cryptocurrency exchange KuCoin and two of its founders