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German Government’s $2.3B Bitcoin Blunder: Sold Too Soon as Price Soared Past $106K
How German Government Missed Out On $2.3 Billion By Selling Its Bitcoin Stash Too Early In the summer of 2024, the German government sold its entire Bitcoin stash, a decision that cost them a potential $2.35 billion in profits as the cryptocurrency’s price soared past $106,000. The sale of 49,858 Bitcoins at an average price […]
Read MoreJack Dorsey Endorses BIP 177: Bitcoin’s Base Unit Redefinition Sparks Debate
Jack Dorsey Backs Radical Bitcoin Overhaul: Why Your Satoshis Could Soon Become Bitcoins Jack Dorsey, the former Twitter CEO, has endorsed BIP 177, a proposal that aims to redefine the smallest unit of Bitcoin, potentially making transactions more accessible to new users. This endorsement brings significant attention to the proposal, which seeks to eliminate the […]
Read MoreMoscow Arrests Blum Co-Founder Vladimir Smerkis on Fraud Charges, Impacting Tap to Earn Sector
Moscow Authorities Arrest Co-Founder of Tap to Earn Crypto Game Blum Vladimir Smerkis, co-founder of the ‘tap to earn’ crypto game Blum and former head of Binance, was arrested by Moscow authorities on fraud charges, sparking discussions about the regulatory landscape surrounding the ‘tap to earn’ sector. Vladimir Smerkis arrested on fraud charges. Faces 2 […]
Read MoreSupreme Court of India Warns of Crypto’s Parallel Economy Threat
Cryptocurrencies Threaten National Stability, Indians Doubt The Supreme Court of India has raised alarms over the unchecked growth of cryptocurrencies, warning of a “parallel economy” that could undermine national stability. In a recent hearing linked to a high-profile Bitcoin fraud case, the court lambasted the government’s 30% crypto tax without a regulatory framework. Supreme Court […]
Read MoreMéliuz Becomes Brazil’s First Bitcoin Treasury, Stock Surges Amidst Investment
Bitcoins Power Compared To Nuclear Reactor By Brazilian Business Leader Brazilian fintech firm Méliuz has made a groundbreaking move into the world of cryptocurrency, becoming the nation’s first Bitcoin treasury company. This bold step, likened to a “nuclear reactor” by its chairman, Israel Salmen, not only signals a shift in corporate financial strategy but also […]
Read MoreConnecticut Man’s $350K Check-Kiting Scheme Leads to Arrests, Exposes Bank Vulnerabilities
Connecticut Man Arrested in $350,000 Check-Kiting Scam Targeting US Banks Eric J. Christian, a 41-year-old from Connecticut, has been arrested for orchestrating a sophisticated check-kiting scam that defrauded US banks of over $350,000. Check-kiting is a fraud where someone writes checks from an account with insufficient funds, deposits them into another account to create a […]
Read MoreBitcoin Pizza Day: From 10,000 BTC Pizzas to Global Crypto Utility – 15th Anniversary
Bitcoin Pizza Day: A Slice of History and a Feast of Crypto Utility – 15th anniversary of Bitcoin Pizza Day – First real-world Bitcoin transaction – Evolution and practical use of crypto On May 22, 2010, Laszlo Hanyecz made history by buying two Papa John’s pizzas with 10,000 BTC, marking the first real-world use of […]
Read MorePresident Milei Dissolves LIBRA Token Scandal Task Force Amid Legal Backlash
Argentina’s President Milei Dissolves LIBRA Token Investigation Task Force In a bold move that has sent shockwaves through Argentina’s cryptocurrency community, President Javier Milei has disbanded the task force investigating the $LIBRA token scandal. This decision, amid ongoing probes and massive investor losses, raises serious questions about transparency and accountability in Argentina’s political and financial […]
Read MoreDigital Wallet Surge in Asia: Over 80% of E-commerce Payments, Cash Still Prevalent
Digital Wallet Adoption Surges in Asia as Cash Usage Declines The Asia-Pacific region is witnessing a significant shift towards digital payments, transforming how transactions are conducted. Over the last decade, digital wallet usage has skyrocketed, driven by widespread smartphone adoption, advancements in fintech (financial technology), and the rise of national payment systems that make digital […]
Read MoreCircle Cofounder’s New Venture: Catena Labs Raises $18M for AI-Native Banking
Circle Cofounder Launches AI-Native Bank Startup Catena Labs with $18M Seed Funding Sean Neville, the innovative mind behind Circle, has embarked on a new journey with Catena Labs, aiming to revolutionize banking by integrating artificial intelligence (AI) at its core. With a hefty $18 million in seed funding, this venture is poised to push the […]
Read MoreGenesis Sues DCG and Barry Silbert for $3.2 Billion Over Alleged Fraud and Mismanagement
Genesis Sues DCG and Barry Silbert to Recover Billions Over Alleged Misconduct Genesis Global has launched a legal battle against Digital Currency Group (DCG) and its CEO, Barry Silbert, aiming to recover over $3.2 billion due to alleged mismanagement and fraudulent activities. Genesis sues DCG and Barry Silbert for over $3.2 billion Allegations include careless […]
Read MoreBitcoin’s Governance Crisis: From Decentralized Dream to Digital Aristocracy by 2025
Bitcoin’s Governance: From Decentralization to Digital Aristocracy Bitcoin, once heralded as the ultimate tool for financial liberation, now faces accusations of morphing into a system where a small group holds the reins. This examination traces Bitcoin’s journey from its revolutionary inception to the year 2025, spotlighting the stark contrast between its original vision and the […]
Read MoreClass Action Lawsuit Targets Strategy’s Bitcoin Strategy Amid Aggressive BTC Buys
Class Action Lawsuit Challenges Strategy’s Bitcoin Strategy: A Tale of Aggression and Accountability On May 16, Strategy (formerly MicroStrategy) faced a class action lawsuit filed by Anas Hamza, alleging the company misled investors about its Bitcoin investment strategy, potentially breaching federal securities laws. Despite the legal challenge, Strategy continues its aggressive Bitcoin acquisition, recently purchasing […]
Read MoreUK Introduces Strictest Crypto Regulations to Combat Tax Evasion in 2026
UK’s Bold Move: New Crypto Regulations to Combat Tax Evasion In a bold move to combat tax evasion, the UK is set to introduce the strictest crypto regulations yet, effective from January 1, 2026. These regulations aim to enhance tax transparency and align with global standards while fostering innovation in the digital asset space. New […]
Read MoreU.S. Senate Advances GENIUS Act: Stablecoin Regulation Amid Trump and Sun Controversies
U.S. Senate Advances Stablecoin Bill to Floor Vote, Amid Concerns and Controversies The U.S. Senate has taken a historic step toward regulating stablecoins, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act to a floor vote. This development could significantly shape the future of cryptocurrencies and stablecoins, which are digital assets designed […]
Read MoreEthereum’s Pectra Upgrade: EIP-7702 Exploited in Phishing Scams – Stay Safe
Urgent Alert: Ethereum’s EIP-7702 Pectra Upgrade Exploited by Phishing Scammers Ethereum’s Pectra upgrade, launched on May 7, introduced EIP-7702, allowing Externally Owned Accounts (EOAs, accounts controlled directly by private keys) to temporarily transform into smart contract wallets. However, this innovation has quickly become a target for phishing scammers, posing serious risks to users’ funds. EIP-7702 […]
Read MoreIndia’s Supreme Court Demands Crypto Regulation, Cites Global Trends and Local Hacks
India’s Supreme Court Urges Crypto Regulation Amid Global Trends India’s Supreme Court has issued a stern rebuke to the central government, highlighting the urgent need for cryptocurrency regulation in light of global trends and recent incidents in the country. India’s Supreme Court criticizes lack of crypto regulation Urges regulation over ban, cites global trends WazirX […]
Read MoreTelegram Shuts Down World’s Largest Crypto Crime Hub: Over $27B in USDT Transactions
World’s Largest Crypto Crime Network Collapses After Telegram Crackdown The notorious Haowang Guarantee, recognized as the world’s largest illicit cryptocurrency marketplace, has been shut down following a robust crackdown by Telegram, marking a significant blow to the shadowy world of crypto-enabled crime. Haowang Guarantee collapses after Telegram’s decisive action Over $27 billion in transactions processed, […]
Read MoreDecentralized AI: Crypto’s Redemption and the Future of Equitable Technology
AI is Crypto’s Redemption, and the Next Generation’s Big Bet Both cryptocurrency and artificial intelligence (AI) hold the potential to transform the world, yet they face significant hurdles. Cryptocurrency has struggled with speculation and failed decentralization, while AI risks being monopolized by corporations, leading to increased surveillance and inequality. However, the emergence of decentralized AI […]
Read MoreAnza’s Alpenglow Boosts Solana’s Speed and Resilience
Anza’s Alpenglow: A Leap Forward for Solana’s Speed and Resilience Anza, dedicated to bolstering Solana’s core infrastructure, has introduced Alpenglow, a groundbreaking consensus mechanism poised to transform Solana’s performance by slashing block finality times and boosting network resilience. Alpenglow Proposal for Solana Votor and Rotor Components Block Finality Improvement Network Outage Resilience Solana, known for […]
Read MoreDigiAsia’s $100M Bitcoin Bet: A Bold Fintech Strategy Amid Market Volatility
DigiAsia’s $100M Bitcoin Treasury Reserve: A Bold Move in Fintech Innovation Can a $100M Bitcoin bet transform DigiAsia’s financial future? DigiAsia Corp, a NASDAQ-listed fintech company, has announced ambitious plans to raise up to $100 million to establish a Bitcoin treasury reserve. This strategic move aims to diversify the company’s financial assets and capitalize on […]
Read MoreSEC’s Crypto Mom Clarifies: Most NFTs, Including Royalty Tokens, Not Securities
SEC’s Peirce Clarifies: Many NFTs Don’t Qualify as Securities, Including Creator-Compensating Tokens Hester Peirce, affectionately known as “Crypto Mom,” has provided much-needed clarity on the regulatory status of non-fungible tokens (NFTs), sparking hope for clearer guidelines in the crypto world. NFTs as non-securities Creator royalties and regulation SEC’s Crypto Task Force initiatives Non-fungible tokens (NFTs) […]
Read MoreTether’s $120B Treasury Holdings Outrank Germany, 19th Globally
Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally Tether, the powerhouse behind the stablecoin USDT, has made headlines by surpassing Germany to become the 19th-largest holder of US government debt, with a staggering $120 billion in US Treasuries. This milestone underscores the growing impact of cryptocurrency firms on traditional finance, but it also […]
Read MoreRipple CEO Calls Out Senator Lummis for Canceled Meeting Amid Crypto Regulation Push
Ripple CEO Slams Sen. Lummis Over Canceled Meeting Amid Crypto Reform Push Ripple CEO Brad Garlinghouse slammed Senator Cynthia Lummis for canceling a crucial meeting, emphasizing the urgent need for clear crypto regulations. Canceled meeting between Ripple CEO and Senator Lummis Growing institutional interest in crypto with CME Group’s XRP futures Urgency for regulatory clarity […]
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