Latest Crypto Industry News and Insights
Bybit Physical Card in Brazil Boosts Crypto Adoption with 2% Cashback
Bybit Physical Card Launches in Brazil: Enhancing Crypto Payments and Adoption Bybit introduces the Physical Card in Brazil, enabling crypto payments with USDT, BTC, and ETH, marking a significant step towards integrating digital assets into everyday transactions. Bybit launches Physical Card in Brazil 2% cashback, supports USDT, BTC, ETH No annual fees, integrates with Apple […]
Read MoreSolana’s SIMD-215 Proposal Aims to Boost Scalability to Billions of Accounts
Solana’s SIMD-215 Proposal: A Leap Forward in Blockchain Scalability Solana is poised to redefine the limits of blockchain scalability with its SIMD-215 proposal, aiming to manage billions of accounts with unprecedented efficiency. This bold move could not only supercharge Solana’s network but also set a new benchmark for the entire blockchain industry. Solana’s SIMD-215 aims […]
Read MorePhuket Assault: Thai Police Hunt Russian Duo Over $20K Crypto Theft
Thai Police Hunt Russian Suspects in $20K Crypto Dispute Assault On January 5, 2025, a violent assault over a cryptocurrency dispute rocked Phuket, Thailand, leaving Mr. Zelimkhan with a $20,000 loss in cash. Thai police are now on a manhunt for two Russian nationals, Andrei and Dmitri, who orchestrated the attack. This incident is a […]
Read MoreOobit Targets UAE Expansion with Tether Backing and FSRA License Pursuit
Tether-Backed Oobit Seeks License in UAE, Eyes Middle Eastern Expansion Can a crypto payments service revolutionize the way we use digital currencies in the Middle East? Oobit, with the financial might of Tether and Solana behind it, is betting big on the UAE, applying for a Financial Services Regulatory Authority (FSRA) license under the Abu […]
Read MoreMichael Barr Resigns from Federal Reserve: Crypto Community Celebrates, Pro-Crypto Shift Expected
Top Anti-Crypto Federal Reserve Official Michael Barr Resigns Michael Barr, the Vice Chair for Supervision at the Federal Reserve, has stepped down, eliciting cheers from the cryptocurrency community. His exit coincides with the incoming Trump administration’s intent to install pro-crypto sympathizers in key regulatory roles, signaling a potential shift in the U.S. stance on digital […]
Read MoreNYREF Tokenizes $18M NYC Property on Avalanche, Revolutionizing Real Estate Investment
NYREF Tokenizes $18M NYC Property, Pioneering Real Estate Investment NYREF has successfully tokenized an $18 million property at 3187 Grand Concourse in the Bronx, New York City, utilizing the Avalanche blockchain. This move brings fractional ownership and increased liquidity to real estate, allowing investors to buy into this asset with cryptocurrencies like USTD, USDC, AVAX, […]
Read MoreO.XYZ Secures $130M to Pioneer AI-Driven DAO Governance
O.XYZ Raises $130 Million to Revolutionize DAO Governance with Decentralized AI O.XYZ has secured a hefty $130 million to advance its vision of creating a Decentralized Autonomous Organization (DAO) governed by community-driven AI. This move underscores the growing interest in merging blockchain technology with artificial intelligence to foster new governance models, with the potential to […]
Read MoreRipple Overtakes Ethereum in South Korea: Economic Concerns Rise
Ripple Surges Past Ethereum in South Korea’s Crypto Preferences Ripple (XRP) has overtaken Ethereum (ETH) as the second-most preferred cryptocurrency among South Korean investors, according to a recent survey by News1. This shift underscores the unique dynamics of the South Korean crypto market amidst broader economic concerns. Ripple surpasses Ethereum in South Korea. Survey reveals […]
Read MoreTrump’s Crypto Vision: Bitwise CEO Predicts Mergers Surge
Trump’s Return Predicted to Ignite Crypto Mergers: Bitwise CEO’s Vision The potential return of Donald Trump to the White House is poised to significantly influence the cryptocurrency sector, according to Hunter Horsley, CEO of Bitwise Asset Management. Horsley predicts that Trump’s anticipated deregulation of mergers and acquisitions could pave the way for corporate consolidation, potentially […]
Read MoreKlickl and Zand Bank Partner to Boost Digital Asset Innovation in UAE
Klickl International and Zand Bank Join Forces to Propel Digital Asset Innovation in the UAE Klickl International, a leading Web3.0 open finance platform, and Zand Bank, the UAE’s first fully licensed, AI-powered digital bank, have announced a strategic partnership aimed at driving digital asset innovation in the region. Partnership announced January 7th, 2025, in Dubai […]
Read MoreChamath Palihapitiya Predicts Stablecoins Will Dominate by 2025, Outpacing Visa
Chamath Palihapitiya Forecasts Stablecoins as 2025’s Biggest Business Winners Billionaire investor Chamath Palihapitiya has made a bold prediction: dollar-denominated stablecoins will be the biggest business winners by 2025. Stablecoins, cryptocurrencies designed to maintain a stable value by being pegged to assets like the US dollar, are gaining traction in business transactions due to their ability […]
Read MoreCoinSwitch Launches Recovery Rewards for WazirX Hack Victims Amid Skepticism
CoinSwitch Promises Recovery Through Rewards for WazirX Hack Victims In July 2024, WazirX, a prominent Indian cryptocurrency exchange, fell victim to a cyberattack, resulting in hackers stealing over $230 million in digital assets. In response, CoinSwitch, another major player in the Indian crypto market, launched the ‘CoinSwitch Cares‘ program, offering a lifeline to affected users […]
Read MoreRussian Man Brutally Assaulted in Phuket Over $120K Crypto Debt: A Dark Side of Crypto
Russian Man Brutally Assaulted and Robbed of $20,000 in Phuket Over Cryptocurrency Dispute In a harrowing incident in Phuket, Thailand, a 31-year-old Russian man named Zelimkhan was brutally assaulted and robbed of $20,000 by two associates over a cryptocurrency dispute. The assailants, Andrei and Dmitri, demanded repayment of a $120,000 cryptocurrency debt and attempted to […]
Read MoreEthereum Foundation’s Balancing Act: Growth, Decentralization, and Transparency Debates
Inside the Ethereum Foundation: Balancing Power, Transparency, and Decentralization The recent closure of “Week in Ethereum” has reignited debates about the Ethereum Foundation’s (EF) role and priorities, highlighting the ongoing tension between fostering growth and maintaining decentralization. Nurturing growth through grants Promoting decentralization Supporting public goods Community debates on transparency and public role Questions about […]
Read MoreDo Kwon’s Terra Collapse: Over 1 Million Victims, $50B Lost, Faces 9 Fraud Charges
Do Kwon’s Crypto Collapse Could Impact Over 1 Million Victims, US Prosecutors Estimate US prosecutors estimate that over one million individuals were affected by the collapse of the Terra ecosystem, founded by Do Kwon of Terraform Labs. This catastrophic event in May 2022 wiped out a staggering $50 billion valuation in just 72 hours, leaving […]
Read MorePoilievre’s Bitcoin Vision: Canada’s Strategic Reserve Plan Unveiled
Canada’s Bitcoin Future: Poilievre’s Vision for a Strategic Reserve Rumors of Justin Trudeau stepping down as Canadian Prime Minister have sparked speculation about a potential shift towards a more Bitcoin-friendly government, with Pierre Poilievre leading the charge. Poilievre, the Conservative Party leader, holds a commanding lead in polls, advocating for policies that could embrace digital […]
Read More$7.2 Billion Crypto Token Unlocks to Shake Markets in January 2025
$7.2 Billion in Crypto Token Unlocks Set to Impact Markets in January 2025 January 2025 is poised for a major shakeup in the cryptocurrency market, with an estimated $7.2 billion worth of tokens scheduled for release. According to data from CryptoRank, this massive influx of tokens could lead to significant market volatility and price fluctuations. […]
Read MoreLiberland’s 2025 Election Uses Blockchain, Re-elects Justin Sun, Welcomes DeFi Experts
Liberland’s January 2025 Congress Election: Pioneering Blockchain Democracy Liberland, the micronation nestled between Croatia and Serbia, has solidified its position as a trailblazer in digital governance by successfully conducting its January 2025 Congress Election using a blockchain-based voting system. This innovative approach not only reaffirmed Justin Sun as Prime Minister but also welcomed Tariq Javaid […]
Read MoreEthereum Layer 2 Networks Outpace Main Chain, Handle 4.5x More Transactions
Ethereum Layer 2 Networks Surge: Handling 4.5x More Transactions Than Main Blockchain Ethereum’s Layer 2 (L2) networks, such as Base, Arbitrum, and Optimism, are at the forefront of blockchain scalability, handling over 4.5 times more transactions than the main Ethereum blockchain (Layer 1). These networks are becoming the go-to platforms for decentralized finance (DeFi), stablecoin […]
Read MoreSouth Korean Court Sentences Crypto Gang for Exploiting Kimchi Premium
South Korean Court Jails Kimchi Premium Crypto Trading Gang A South Korean court has sentenced four members of a “kimchi premium” crypto trading gang to jail, following their exploitation of the price disparity between cryptocurrencies in South Korea and international markets. South Korean court sentences four for exploiting kimchi premium. Gang smuggled $273.7 million out […]
Read MoreGemini Pays $5M to CFTC Over Misleading Bitcoin Futures Claims, Faces More Legal Woes
Gemini Settles with CFTC for $5 Million Over Misleading Bitcoin Futures Statements Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has agreed to a $5 million settlement with the Commodity Futures Trading Commission (CFTC) to address allegations of misleading statements about its Bitcoin futures product and undisclosed fee arrangements with market makers. Gemini pays […]
Read MorePeter Brandt Warns: Meme Coins Risky Amid 500% Market Surge
Peter Brandt’s Stern Warning: Navigating the Meme Coin Frenzy Veteran trader Peter Brandt has issued a stark warning to cryptocurrency investors, cautioning against the perils of meme coins. With Bitcoin’s remarkable ascent from $0.07 in 2010 to its current value, Brandt’s skepticism stems from his extensive market experience, predicting significant corrections in the near future. […]
Read MoreVitalik Buterin Turns $2.5M in Meme Coins into Biotech Charity Funding
Vitalik Buterin Converts $2.5M in Meme Coins to Fund Biotech Charity Kanro Vitalik Buterin, the mastermind behind Ethereum, has turned $2.5 million in meme coins into a lifeline for biotech research through his charity, Kanro. Selling a diverse portfolio of 28 meme coins, Buterin’s move not only underscores his commitment to advancing biotechnology but also […]
Read MoreVictim Loses $520k in LINK to Sophisticated Fake Bridge Scam: A Crypto Cautionary Tale
Victim Loses Over $520k in LINK to Sophisticated Fake Bridge Scam On January 4, 2025, a crypto enthusiast fell victim to a chilling scam, losing over $520,000 in Chainlink (LINK) tokens. This incident, reported by Scam Sniffer on January 6, 2025, highlights the persistent dangers within the cryptocurrency world. Victim loses $520k in LINK to […]
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