Latest News and Articles about Cryptocurrency
Hal Finney’s 16-Year Bitcoin Tweet: Evolution, Impact, and Market Challenges
Hal Finney’s Historic Bitcoin Tweet: 16 Years of Evolution, Impact, and Market Sentiment On January 10, 2009, Hal Finney, a pioneering figure in the world of cryptocurrency, tweeted “Running Bitcoin software,” becoming the second person ever to engage with the revolutionary digital currency. This year marks the 16th anniversary of that pivotal moment, symbolizing Bitcoin’s […]
Read MoreScammers Steal $2.2M in Crypto from NY via Fake Remote Job Texts
Scammers Swindle $2.2M in Crypto from New Yorkers Through Fake Remote Job Offers Scammers have exploited the promise of remote work to steal around $2.2 million in cryptocurrency from New York residents. The scheme involved deceptive text messages that lured victims into depositing money into crypto accounts, specifically stablecoins like Tether (USDT) and USD Coin […]
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 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 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 MoreHong Kong Police Arrest 31 in $4.3M Deepfake Crypto Scam Crackdown
Hong Kong Police Arrest 31 in Major Crackdown on Deepfake Cryptocurrency Scams Hong Kong police have struck a significant blow against cybercriminals by arresting 31 members of a sophisticated criminal network that used deepfake technology to swindle victims out of more than $4.3 million. Deepfake technology, a type of artificial intelligence used to create or […]
Read MoreRoss Ulbricht’s Release: Reflecting on Silk Road’s Legacy and Crypto’s Future
Ross Ulbricht’s Freedom: The End of an Era for Silk Road’s Founder After 11 years in prison, Ross Ulbricht, the visionary behind the notorious Silk Road, is poised to walk free. His release not only marks a pivotal moment for him and his advocates but also stirs the pot within the cryptocurrency and online privacy […]
Read MoreFloki Partners with Kings World Cup Nations for Massive 600M View Exposure
Floki Scores Big with Kings World Cup Nations Partnership Floki, the cryptocurrency with a community-first focus, is diving into the world of sports and Esports with its new partnership with the Kings World Cup Nations. This tournament, blending traditional football with competitive video gaming, is set to kick off from January 1 to 12, 2025, […]
Read MoreCambodia Crypto Scam Kingpin Arrested in India: Unveiling a Global Cybercrime Network
Cambodia Crypto Fraud Mastermind Traced to Uttar Pradesh: A Global Web of Cybercrime In a significant breakthrough, Indian authorities arrested Devendra Pratap Mourya, a central figure in a vast cybercrime network operating from Cambodia. This operation has shed light on the sinister side of cryptocurrencies, which, while providing privacy and freedom, are also exploited by […]
Read MoreFTX to Pay Out $14 Billion to Creditors in January 2025: Key Steps and Industry Impact
FTX to Begin $16 Billion Creditor Payouts in January 2025: A Step-by-Step Guide for Claimants FTX, the cryptocurrency exchange that imploded in late 2022, is set to begin disbursing approximately $14 billion to its creditors in January 2025. This move aims to address the claims of those impacted by the company’s collapse, signaling a significant […]
Read MoreIRS Targets DeFi: New 2027 Reporting Rules Impact 2.6M Taxpayers
IRS Shakes Up DeFi: New Reporting Rules Set for 2027 The Internal Revenue Service (IRS) is set to implement new regulations in 2027 that will require decentralized finance (DeFi) front-end platforms to report cryptocurrency sales and transactions. This move aims to align DeFi with traditional financial systems by extending broker reporting obligations to these platforms. […]
Read MoreNokia Ventures into Cryptocurrency: A Shift for Tech Giants Toward Decentralized Finance
Nokia’s Bold Step into Cryptocurrency: A New Era for Tech Giants? Nokia, a historic name in mobile technology, is setting its sights on the burgeoning cryptocurrency sector. This strategic move could reflect a larger pattern where traditional tech companies are increasingly drawn to the opportunities—and challenges—presented by blockchain technology. Scalability demands Layer 1 & Layer […]
Read MoreRussian Companies Turn to Bitcoin Amid Western Sanctions and Legislative Changes
Russian Companies Leverage Bitcoin to Side-Step Sanctions Amidst mounting Western sanctions, Russian companies are adopting Bitcoin and other cryptocurrencies for international trade. This pivot follows recent legislative shifts in Russia, which now permits an “experimental regime” of crypto payments for foreign transactions. Meanwhile, Ukraine is gearing up to counteract these maneuvers. Russian businesses adopt Bitcoin […]
Read MoreShiba Inu’s Next Move: Shytoshi Kusama Teases TREAT Token Launch
Shytoshi Kusama Hints at New TREAT Token for the Shiba Inu Ecosystem Shytoshi Kusama, the lead developer behind the popular Shiba Inu cryptocurrency project, has recently hinted at the upcoming launch of the TREAT token. This new development is set to expand the Shiba Inu ecosystem, aiming to boost community engagement and introduce new utilities. […]
Read MoreAI Agents in Cryptocurrency: Unleashing Innovation and Ethical Challenges
AI Agents and Cryptocurrency: Revolutionizing Digital Assets Artificial intelligence is set to shake up the cryptocurrency world, as pointed out by Bitfinex. This integration promises efficiency and innovation in tasks like transaction execution and wallet management, but it’s a double-edged sword that demands ethical oversight. AI agents act as decentralized, self-governing software in blockchain tech. […]
Read MoreSouth Korea’s Crypto Boom: Over 30% of Population Invested, $79 Billion in Digital Assets
South Korea’s Cryptocurrency Craze: Over 15.59 Million Investors Strong South Korea is in the throes of a cryptocurrency frenzy, with millions joining the digital asset bandwagon. Over 15.59 million South Koreans have invested in cryptocurrencies, accounting for more than 30% of the nation’s population. This surge signifies a growing interest in cryptocurrencies like Bitcoin, marking […]
Read MoreRussia Embraces Bitcoin for International Trade Amid Sanctions and Mining Growth
Russia’s Bold Move: Embracing Bitcoin for International Trade Russia has taken a transformative step by recognizing Bitcoin and other cryptocurrencies as legitimate tools for international payments. Amidst the heavy sanctions that have stifled traditional trade channels, this strategic pivot represents a significant evolution in global economic strategy, as confirmed by Finance Minister Anton Siluanov. Russia […]
Read MoreUS Government Affirms Conviction of FTX’s Sam Bankman-Fried, Dismissing Appeal Claims
US Government Upholds Sam Bankman-Fried’s Conviction The US government has decisively rejected Sam Bankman-Fried’s appeal to overturn his conviction related to the infamous collapse of the FTX cryptocurrency exchange. By dismissing claims of judicial bias and procedural missteps, authorities have reinforced the legitimacy of the original trial’s verdict. Bankman-Fried’s appeal was rejected by US authorities. […]
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