Latest Crypto Industry News and Insights
Cross-Layer Blockchain Solutions: Bridging the Gap for Seamless Interoperability
The Path to Seamless Cross-Layer Interactions in Decentralized Computing The blockchain landscape is poised for transformation, with the promise of seamless cross-layer interactions on the horizon. Yet, the current state of chain diversity and the silos created by layer-2 (L2) solutions pose significant challenges. Emerging technologies and standardized protocols offer hope, potentially revolutionizing decentralized computing […]
Read MoreStandard Chartered Launches EU Crypto Custody via Luxembourg Amid MiCA
Standard Chartered Launches Crypto Custody Services in EU via Luxembourg Entity Amid MiCA Regulation Standard Chartered, a leading traditional bank, has set its sights on the European Union’s burgeoning crypto market by establishing a new entity in Luxembourg. This move, announced on January 9, leverages the EU’s new Markets in Crypto Assets (MiCA) regulation, positioning […]
Read MoreGwei Demystified: Navigating Ethereum Gas Fees and Future Upgrades
Understanding Gwei: The Key to Managing Ethereum Gas Fees Gwei, a seemingly minute unit of Ethereum, plays a pivotal role in determining the speed and cost of transactions on the Ethereum network. As Ethereum evolves with upgrades like Ethereum 2.0, understanding Gwei becomes increasingly crucial for users looking to navigate the blockchain efficiently and cost-effectively. […]
Read MoreOklahoma Senator Proposes Bitcoin for Wages and Payments with New Bill
Oklahoma Senator Proposes Bitcoin for Wages and Payments with New Legislation Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), a groundbreaking bill that aims to allow Bitcoin for wages and payments, positioning the state at the forefront of financial innovation. Oklahoma’s Bitcoin Freedom Act (SB325) introduced. Bill aims to combat inflation with […]
Read MoreEl Salvador’s Bukele Aims to Buy U.S. DOJ’s Silk Road Bitcoins at a Discount
El Salvador’s President Nayib Bukele Eyes Discount on U.S. DOJ’s Silk Road Bitcoin Auction El Salvador’s President Nayib Bukele recently tweeted, “Maybe we’ll all get the chance to buy Bitcoin at a discount!”—a bold statement aimed at the U.S. Department of Justice’s upcoming auction of 69,370 Bitcoins seized from the Silk Road, valued at around […]
Read MoreIMF Urges Kenya to Regulate Crypto, Appoints Marathon Digital for Guidance
IMF Urges Kenya to Establish Clear Crypto Regulations to Tackle AML/CFT Risks The International Monetary Fund (IMF) has called on Kenya to develop a comprehensive regulatory framework for cryptocurrencies to address rising risks associated with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). This push for regulation comes as Kenya appoints Marathon Digital, […]
Read MorePortugal’s BiG Bank Blocks Crypto Transfers Amid EU’s Tightening Regulations
Portugal’s Bank Slams the Door on Crypto Transfers Amid EU’s Tightening Grip Portugal’s largest bank, Banco de Investimentos Globais (BiG), has unexpectedly blocked fiat transfers to cryptocurrency platforms, aligning with the European Union’s new anti-money laundering and counter-terrorism financing regulations. This move marks a departure from Portugal’s previously crypto-friendly stance, with the introduction of a […]
Read MoreMastercard’s Crypto Credential Launches in UAE, Kazakhstan: Simplifying Blockchain Transactions
Mastercard Launches Crypto Credential in UAE and Kazakhstan: Simplifying Blockchain Transactions Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, aiming to streamline cryptocurrency transactions by allowing users to use aliases in place of complex blockchain addresses. This initiative marks the company’s first expansion into the EEMEA region (Eastern Europe, Middle […]
Read MoreSouth Korea to Ease Institutional Crypto Investment Rules in 2025, Boosting Market Integration
South Korea’s Financial Services Commission to Ease Institutional Crypto Investment Rules in 2025 South Korea’s Financial Services Commission (FSC) is gearing up to relax institutional crypto investment restrictions in 2025, signaling a major shift towards integrating digital assets into the nation’s financial system. South Korea’s FSC to ease crypto investment restrictions in 2025 Non-profit corporations […]
Read MoreUS Gov Sells $6.5B Silk Road Bitcoin Before Trump’s 2nd Inauguration, Price Dips Below $100K
US Government Sells $6.5 Billion in Silk Road Bitcoin Before Trump’s Second Inauguration The US government has offloaded 69,370 Bitcoin, seized from the Silk Road, valued at $6.5 billion. The Department of Justice (DoJ) approved the sale due to concerns over price volatility, just days before Donald Trump’s second inauguration. This move coincided with a […]
Read MoreFake OKX Extension Alert: 95 Users Hit, Swift Action Taken
Warning: Fake OKX Browser Extension Found on Firefox Store A fake OKX browser extension, posing a serious threat to users, has been discovered on the Firefox store. This malicious plugin, downloaded by 95 users, uses OKX’s branding and fake reviews to appear legitimate. OKX has taken swift action, warning users and requesting Firefox to remove […]
Read MoreUK Court Seizes $4.3M Bitcoin from Criminal Kingpin, Raising Privacy Concerns
UK Court Seizes $4.3 Million in Bitcoin from Criminal Kingpin Alexander Surin Amid Legal Scrutiny A UK court has seized over $4.3 million in Bitcoin from Alexander Surin, known as “Don Car-Leone,” highlighting the growing prowess of law enforcement in tackling cryptocurrency crimes. This seizure raises significant questions about the privacy and security of digital […]
Read MoreTrump’s 5th NFT Drop on Bitcoin Shakes Crypto Market
President-Elect Trump Launches Fifth NFT Collection on Bitcoin President-Elect Donald Trump has just unleashed his fifth NFT collection, diving headfirst into the Bitcoin blockchain using the Ordinals protocol. This move not only caters to his loyal collectors but also shakes up the crypto world in ways we can’t ignore. 119 NFTs on Bitcoin using Ordinals […]
Read MoreDutch “Crypto Genius” Arrested for $4.6M Scam: A Cautionary Tale
24-Year-Old Dutch “Crypto Genius” Arrested for Alleged $4.6 Million Scam A 24-year-old Dutch man, previously hailed as a “crypto genius,” has been arrested for allegedly defrauding 300 investors out of millions. This law student and professional soccer player from Hengelo, Netherlands, lost between €1.5 million and €4.5 million ($1.6 million to $4.6 million) through risky […]
Read MoreExodus Goes Public on NYSE, Tokenizes Stock on Algorand: Crypto Meets Wall Street
Exodus Goes Public on NYSE: A New Era for Crypto Wallets Exodus, a trailblazing player in the crypto wallet space, has etched its name in history by going public on the New York Stock Exchange (NYSE) on January 8, 2025. This bold move not only underscores the growing embrace of crypto within traditional financial circles […]
Read MoreVirtuals Protocol Discord Hack Exposes Crypto Security Flaws: Phishing and Private Key Risks
Virtuals Protocol Discord Server Hacked: A Closer Look at Crypto Security Challenges The Virtuals Protocol, an AI-driven platform, recently experienced a significant security breach when its Discord server was compromised. The hack, which stemmed from a moderator’s private key being compromised, led to the spread of phishing links on Google Search. This incident comes shortly […]
Read MoreToronto Man’s $100K Inheritance Vanishes in Crypto Phishing Scam
Toronto Man Loses $100,000 Inheritance to Crypto Phishing Scam A Toronto man fell victim to a sophisticated phishing scam, losing his entire $100,000 inheritance in 2023. The scam tricked him into entering his credentials on a fake website that mimicked the Kraken crypto exchange, leading to a devastating financial loss that has impacted his family’s […]
Read MoreOrange Finance Hack: $840K Stolen on Arbitrum, White-Hat Offer Extended
Orange Finance Hacked: $840,000 Stolen from Arbitrum Liquidity Project Orange Finance, a liquidity management project on the Arbitrum blockchain, suffered a major hack resulting in the loss of at least $840,000. The hackers exploited the project’s admin address to manipulate smart contracts and siphon funds, sparking urgent calls for improved security measures across the DeFi […]
Read MoreFed Slams Bitcoin Reserve as “Dumbest Idea,” Yet Political Backing Surges
Fed Calls Bitcoin Reserve Plan “Dumbest Idea Ever,” Yet Political Support Grows Last week, in a Federal Reserve boardroom, the notion of a US Strategic Bitcoin Reserve was met with sharp criticism, with officials branding it “the dumbest idea” they’ve ever heard. However, political momentum behind the idea continues to build, with figures like
Read MoreMovement Labs Nears $100M Funding, Targets $3B Valuation with Ethereum Layer-2 Solution
Movement Labs Nears $100M Series B Funding, Eyes $3B Valuation San Francisco-based Movement Labs is on the verge of securing a $100 million Series B funding round, aiming for a lofty $3 billion valuation. Led by CoinFund and co-led by Nova Fund, this round highlights the increasing investor interest in blockchain solutions that enhance digital […]
Read MoreRevolut Joins Pyth Network: Bridging TradFi and DeFi for Enhanced Data Reliability
Revolut Joins Pyth Network: A Leap Towards Bridging Traditional Finance and DeFi Can a digital banking giant like Revolut revolutionize the world of decentralized finance? Revolut, the U.K.’s leading digital banking platform, has boldly stepped into the DeFi arena by joining the Pyth Network as a data publisher, marking a pivotal moment in the convergence […]
Read MoreHive Digital Relocates to Texas, BitFuFu Secures 80,000 Miners from Bitmain
Hive Digital’s Texas Move and BitFuFu’s Big Buy: Navigating the New Crypto Landscape Hive Digital, a Bitcoin mining company, has shifted its operations from Vancouver, Canada, to San Antonio, Texas, betting on the incoming Trump administration’s pro-crypto policies and the robust U.S. capital markets. Meanwhile, Singapore-based BitFuFu secures a massive deal with Bitmain, signaling aggressive […]
Read MoreCrypto Mining Farms Unveiled: Operations, Types, and Future Trends
Inside the World of Crypto Mining Farms: The Ultimate Guide Crypto mining farms are vital to the blockchain ecosystem, serving as the backbone for validating transactions and minting new cryptocurrencies like Bitcoin. This guide delves into their operations, types, benefits, challenges, and future prospects, exploring the impact of renewable energy and alternatives like staking. How […]
Read MoreEthereum’s eth_simulateV2 Upgrade: Revolutionizing Gas Estimation
Gas Estimation is About to Get Easier on Ethereum Ethereum core developers are on the verge of implementing a crucial upgrade named eth_simulateV2, designed to revolutionize gas estimation on the network, making transactions smoother, cheaper, and less of a guessing game. Ethereum core developers working on eth_simulateV2 upgrade Aims to improve gas estimation accuracy and […]
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