A Bank of America customer is considering whether to sue after the lender allegedly lost a certificate of deposit (CD) that has significantly grown in value after nearly 30 years. Realtor Enid Bavard says she bought a $10,000 CD in 1997 – money she set aside to help finance her son’s college education, reports Fox […]
Social media giant Reddit holds both Bitcoin (BTC) and Ethereum (ETH) in its treasury, according to a filing with the U.S. Securities and Exchange Commission (SEC). The company submitted an S-1 registration statement to the securities regulator on Thursday related to its planned initial public offering (IPO). In the document, Reddit says it has invested […]
Having failed to break its previous high for the year, the price of Solana has continued to move downward. From the height of $118.88, the coin, which is currently ranked 5th in the crypto space with a total supply of 440,961,455 SOL and a market capitalization of $58.2 million, has made a drop of over […]
Former U.S. president Donald Trump seems to soften his stance on Bitcoin during a town hall event in South Carolina this week. Speaking to Fox News ahead of the state’s Republican Primary, Trump explained that “many people are embracing” Bitcoin and he’s “seeing people wanting to pay [with] Bitcoin,” and that he can “live with […]
According to Tronscan data, Tron’s fee revenue soared to a record-breaking $1.758 million on February 20th. Tron’s revenue stems from fees levied on transactions, which are subsequently burned. This revenue is determined by multiplying the daily quantity of TRX burned by the closing price of TRX on CoinMarketCap. On the same day, the Tron network […]
the resurgence of cryptocurrency fraud, particularly through deepfake videos impersonating Elon Musk,.. the targeting of unsuspecting victims.
Bitcoin (BTC) flew off centralized exchanges this week at its highest level since June 2023, according to the crypto analytics firm IntoTheBlock. In a new analysis, Lucas Outumuro, IntoTheBlock’s head of research, tracked the top crypto asset’s netflows, which measure the Bitcoin moving in and out of centralized crypto exchanges by subtracting the amount of […]
Avax is down 11% weekly after failing to sustain recovery above the $44 level. It is forming a bearish pattern on the weekly chart and may continue to lose momentum until it reaches an exhaustion point. The past week has been an ugly moment for Avax as it paints a serious bearish scenario on the […]
Coinbase CEO Brian Armstrong has dismissed reports of his cryptocurrency exchange being blocked by Nigerian authorities. He emphasized that Coinbase products are fully operational in Nigeria without any interruptions. “We have not received any outreach or communication from officials in Nigeria,” the Coinbase executive affirmed. Meanwhile, Binance has reportedly admitted that some users in Nigeria […]
Crypto Twitter mocking anti-Bitcoin tirade shared by European Central Bank officers
A new development in the freelance industry has emerged with the launch of Plebwork, a dedicated marketplace where freelancers can earn Bitcoin for their work, according to a press release sent to Bitcoin Magazine. Launched today, Plebwork offers a unique platform for freelancers to connect with Bitcoin companies and receive payment directly into their Bitcoin wallets. […]
In recent years, the debate surrounding Bitcoin’s (BTC) potential market share relative to gold has garnered significant attention, as recently approved Bitcoin Exchange-Traded Funds (ETFs) can bring Bitcoin significantly closer to gold in key metrics. Jurrien Timmer, Director of Global Macro at Fidelity Investments, has put forward an analysis that sheds light on this subject. […]
AltLayer is a platform that is revolutionizing the development and management of blockchain applications, offering a scalable and efficient solution. With its ability to work across multiple networks and its support for diverse execution environments, it is already establishing itself as one of the most interesting projects in the crypto space today. Want to know […]
Authorities in Hong Kong say they’ve cracked a massive, global money laundering operation that used the traditional banking system to wash approximately $1.8 billion. Seven people are now under arrest, accused of running a “large-scale transnational syndicate” powered by shell companies with fraudulent bank accounts, reports the Associated Press. The group’s phony businesses claimed to be […]
A widely followed crypto analyst is taking a look at altcoins as Bitcoin (BTC) stumbles. Crypto trader Michaël van de Poppe tells his 695,000 followers on the social media platform X that Chainlink (LINK) could potentially reach $40 in the next few months, a huge 123% increase. “Chainlink had another leg upwards in their BTC pair towards […]
Uniswap has been the main story of the past day, as its native cryptocurrency exploded by 80% following a proposal for a major upgrade. Meanwhile, Bitcoin’s price remains stuck at around $51K as bulls and bears continue their fight for control over the market. Bitcoin Price Stalls at $51K Bitcoin has been unable to break […]
Founded in 2021, Magic Square is a cryptocurrency app store that offers a curated selection of web3 applications. Utilizing a community-driven …
A federal judge accepted a guilty plea from cryptocurrency exchange Binance along with $4.3 billion in fines and penalties to settle its case—the largest such assessment in the history of federal financial prosecutions. Federal Judge Richard Jones approved the deal—which includes a criminal fine of $1.8 million and a forfeiture of $2.5 million for a […]
Fluidkey has announced it has opened its Optimism-based alpha to more users, allowing them to test their private solutions. Fluidkey seeks to solve the transaction privacy problem in EVM chains by leveraging ENS and stealth addresses, allowing users to use a new self-custodial asset for each payment, and segregating these movements to avoid linkability. Fluidkey […]
Fidelity’s Jurrien Timmer has introduced a novel Bitcoin valuation model, comparing its volatility and growth to gold and silver
Most altcoins are in red today with ICP shedding about 15% loss since the start of the week. This led to a crack below a dynamic support as it signals reversal pattern following latest bearish sentiment. ICP witnessed a nice recovery over the past weeks but it appeared to have come to an end with […]
Today at 11:30a in Waco, Texas, the Texas Blockchain Council and Riot Platforms, Inc., asked a Federal District Judge Alan Albright for a temporary restraining order blocking the Energy Information Administration from enforcing their “emergency” survey. At that hearing, the attorneys for the Government offered a voluntary declaration by EIA Administrator DeCarolis, offering a four-week […]
The price of Ethereum has been a joy to watch since the start of 2024, climbing by more than 30% in less than two months. The latest on-chain revelation suggests that ETH investors are approaching the market with more confidence, as the cryptocurrency’s price rally seems to be far from over. $2.4 Billion Worth Of […]
Venture capital giant Andreessen Horowitz has invested $100 million in the development team behind EigenLayer, a restaking protocol built on Ethereum (ETH). Ali Yahya, a general partner at Andreessen Horowitz (also known as a16z), predicts that the EigenLayer will expand Ethereum’s capabilities. “EigenLayer is a set of smart contracts on Ethereum that creates a two-sided […]
Digital asset management giant Grayscale has submitted a proposal for a new privacy-focused exchange-traded fund (ETF) that involves the altcoin Zcash (ZEC). If approved, the Grayscale Privacy ETF’s investment portfolio will consist primarily of investments in data privacy solution providers, cybersecurity firms, blockchain-based privacy solutions and network security companies, according to an N-1A form filed […]
A bankrupt cryptocurrency exchange, FTX, may sell its stake in artificial intelligence startup Anthropic, a US judge determined Thursday.
On Feb. 23, Bitcoin historian and journalist Pete Rizzo shared five emails from 2008 and 2009 between cryptographer Adam Back and BTC creator Satoshi Nakamoto. The first one from August 2008 is a discussion on Bitcoin four months before its official launch. “I’m getting ready to release a paper,” wrote the elusive Satoshi, who referenced […]
Coinbase has answered the SEC request for comments on the proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that ether was a commodity, and its status has been publicly recognized in a variety of circumstances by U.S. agencies and courts. Coinbase Supports Ethereum Grayscale Fund Conversion as a […]
Avalanche blockchain has experienced unexpected downtime, causing brief dip in AVAX token price
Global debt has officially passed a record high of $313 trillion and according to a new study, a group of nations appear to be increasingly at risk of not being able to pay it back. Global debt soared $15 trillion from Q4 2022 to Q4 2023, says the Institute of International Finance (IIF), as reported […]
US banks failed to stop scammers from stealing nearly half a billion dollars of their customer’s money in 2023, according to a new report from the Federal Trade Commission (FTC). In an overview on the state of scamming, the FTC says It tracked 11,950 reports of bank transfer and payment fraud in 2023, with banking […]
The native token of a Solana (SOL)-based decentralized wireless provider is seeing a dip in price after going live on Coinbase, the leading crypto exchange platform in the US. According to Coinbase, Helium Mobile (HELIUM), a wireless phone service that incentivizes users to map out their network to earn rewards, is now fully supported on […]