In recent times, Bitcoin has experienced a remarkable surge, with a 10.50% increase over the past seven days. This surge can be attributed to various factors, including the spread of fake news regarding the approval of the BlackRock iShares Bitcoin Spot ETF. Monday saw a 7% price gain, driven by this misleading information. Such significant
The Federal Bureau of Investigation (FBI) has recently filed charges against six individuals for their involvement in an unlicensed money-transmitting business that utilized cryptocurrencies as a tool for money laundering. This article delves into the details of the case, highlighting the methods employed by the accused individuals and the implications of their actions. The accused
XRP, the digital asset associated with Ripple, has recently achieved a significant milestone with the approval of derivative contracts tailored for institutional investors on the popular cryptocurrency exchange Coinbase. This development has garnered attention from Wall Street experts who believe that the approval of these contracts will contribute to a bullish trend for XRP in
Binance, once hailed as the largest cryptocurrency exchange in the world, is facing significant challenges as it experiences a substantial decline in net outflows, internal turmoil, and heightened regulatory scrutiny. Over the past 24 hours, Binance has seen more than $1 billion in net outflows, signaling a loss of investor confidence. Additionally, the exchange has
In recent times, there has been a lot of discussion surrounding the potential implementation of a Central Bank Digital Currency (CBDC) in Argentina. Economic Minister Sergio Massa has suggested utilizing this technology as a means of driving fiscal growth in the country. The Central Bank of Argentina has now revealed its plans to advocate for
The world of cryptocurrency has witnessed a surge in explosive DEX-launched tokens, and among them, XSHIB token has emerged as a breakout star. With a staggering +50,000% increase in value, XSHIB has become the biggest daily gainer on multiple platforms, including Gate.io. Linked to the popular ShibaX NFT collection, XSHIB is expected to drive impressive
Bitcoin mining manufacturer Bitmain has reportedly fired three employees for revealing information about withheld salary payments. According to an alleged internal memo, the company accused the employees of breaching their employment contracts by sharing their remuneration on social media platforms. The memo also stated that Bitmain reserved the right to pursue legal action against the
Bitpanda, Europe’s largest cryptocurrency exchange, has recently announced a significant milestone in its expansion plans. The Vienna-based exchange has secured a license to offer virtual asset services (VASP) in Norway, making it one of the first foreign cryptocurrency exchanges to receive such approval in the country. This article discusses the implications of this move for
For years, Ethereum has faced criticism from Bitcoin maximalists who staunchly believe that Bitcoin is the only worthwhile cryptocurrency, despite the fact that Ethereum holds the second-highest percentage of the entire cryptocurrency market value. Recently, another Bitcoin maximalist, Steve Barbour, waded into the conversation, referring to Ethereum as “garbage.” This derogatory label was accompanied by
Zero-knowledge proofs have taken the world of crypto by storm, revolutionizing concepts of privacy, scalability, and security. In 2022 alone, investors poured over $700 million into companies exploring the possibilities of zero-knowledge proofs. This year, ZK-proofs have emerged as a major trend in blockchain, with various Ethereum scaling protocols making their way to the mainnet.