Nynu V Jamal
Stablecoins Hit Record $177B Market Cap, Tether Leads Surge
The stablecoin market is booming, reaching a new all-time high of $177 billion. This marks 11 consecutive months of growth, shattering the previous record set in March 2022. Tether (USDT)...
TON Blockchain Resumes After DOGS Induced Disruption
The Telegram Open Network (TON) reported a disruption in block production. The platform attributed the issue to an “abnormal load” on the TON blockchain. Emphasizing the root cause, the TON...
Binance vs Nigeria: CEO Disputes Claims, Highlights Naira’s Fall
Binance CEO Richard Teng recently pushed back against the Nigerian government’s accusations against the exchange. The trial is set for September 2, 2024. Teng strongly disagrees with the government’s claims...
California’s Bold AI Safety Bill: Buterin, Musk Endorse, OpenAI Wary
California’s landmark SB 1047 AI safety bill has stirred up debate, with many voicing criticism. However, Ethereum Founder Vitalik Buterin and tech billionaire Elon Musk have backed the significant AI...
Chinese Court Dismisses Crypto Lawsuit, Reaffirms Crypto Ban
Amid the ongoing debate over China’s stance on cryptocurrencies, the East Asian nation has once again made its position clear. A recent ruling by the Wuhan Donghu New Technology Development...
Binance’s Nigeria Nightmare: Fast-Tracked Trial, Ailing Exec
In the ongoing Binance-Nigeria legal battle, the court has moved up the hearing of the money laundering case against the exchange and its two executives. Originally scheduled for October 11,...
Russia’s Crypto Pivot: Focus on Fiat, Not Digital Assets
The crypto community was lit up last week with talk of Russia possibly launching two crypto exchanges. However, the latest report contradicts this, stating Russia is not planning to expand...
New Malware Threat: Cthulhu Stealer Targets Mac and Crypto
Apple Mac systems, known for their strong security, face a new threat: “Cthulhu Stealer.” Cybersecurity firm Cado Security is warning Mac users about this malware, which can steal personal information...
Russia To Support FEA, Launches Two Crypto Exchanges: Report
Russia is gearing up to launch two crypto exchanges aimed at facilitating foreign economic activity (FEA). Reports indicate these exchanges will be established in St. Petersburg and Moscow under a...
Analyst: Tron’s TRX & SUNDOG Set for Bull Run
Even with all the excitement around Solana, Aussie analyst Miles Deutscher sees potential in Justin Sun’s Tron blockchain. It is worth noting that Tron holds the second spot in terms...
Changpeng Zhao Release Date: The Truth Behind the Rumors
Reports about Binance Founder Changpeng Zhao’s supposed early release on August 22 has caused quite a stir. But, despite the buzz, US Bureau of Prisons records show Zhao’s release date...
CBDC Debate: Freedom vs. Control, Experts Weigh In
Ripple CTO David Schwartz faced backlash on X for his support of CBDCs, igniting a debate on free speech and the role of central bank digital currencies. CBDC critics argue...
Binance’s Compliance Push: $200 Million and 1,000 New Hires
Binance, the world’s largest crypto exchange, recently shared its plans to bring on 1,000 new employees in 2024. Many of these new hires will focus on compliance, as the company...
Germany Cracks Down on Unlicensed Crypto ATMs
In a recent crackdown on unregistered crypto ATMs in Germany, the Federal Financial Supervisory Authority (BaFin) seized 13 machines across 35 locations and confiscated approximately $28 million, for alleged non-compliance...
SEC’s Solana Concerns Stall ETF Launch
The SEC’s worries over Solana’s (SOL) security status have put the brakes on the proposed Solana ETFs applications from VanEck and 21Shares. Following a meeting with potential issuers, the SEC’s...
Curve Finance Founder’s Proposal: 21 Million CRV Grant for Swiss Stake
Recently, Curve Finance’s founder Michael Egorov released a proposal on the official governance site seeking funds for Swiss Stake AG, Curve’s development company. While the community fund currently holds around...
From 1993 to Blockchain: Doom Finds New Life on Cardano’s Hydra
Cardano’s layer-2 scaling solution, Hydra, is making a splash in the blockchain world with its innovative features, and the recent implementation of the classic game Doom is a prime example....
Nigeria Crypto Tax: New Regulations Coming in 2024
Nigeria’s Federal Inland Revenue Service (FIRS) is proposing new crypto regulations, aiming to streamline tax rules and tackle potential risks in the rapidly growing crypto market. The agency is seeking...
SunPump’s Energy Surge: Tron’s Meme Token Engine Revs Up
Tron founder Justin Sun had earlier introduced the new SunPump platform designed to facilitate the creation of meme tokens within the Tron blockchain. And in an August 17th update, he...
The US Marshals Are Moving Bitcoin. Should You Worry?
The US Marshals Service recently moved 10,000 Bitcoins, possibly tied to the Silk Road seizure. This has sparked discussions about whether the government is selling off its Bitcoin. Finance lawyer...
Hedge Funds Pile into Bitcoin ETFs, 13F Filings Show
A Bloomberg report has revealed that the number of hedge funds holding Bitcoin exchange-traded funds (ETFs) has grown to 1,950, with 701 new funds adding spot Bitcoin ETFs to their...
XRP’s Future Secure, Even with SEC Appeal, Says Ripple CLO
Ripple’s recent partial victory against the Securities and Exchange Commission (SEC) has fueled speculation about a potential appeal from the regulators. Stuart Alderoty, Chief Legal Officer of Ripple, stated in...
Republican John Deaton Challenges Senator Warren in the Senate Race
The upcoming US election and the prevailing political developments have garnered great attention in the crypto industry, especially concerning the leaders’ diverse approaches to crypto. The latest development in the...
Millennium Management Reduces Shares in FBTC, IBIT, and GBTC: Report
Investment giant Millennium Management has recently announced adjustments to its Bitcoin Exchange-Traded Funds (ETFs). Notably, as per a post shared by Trader T, a prominent voice on X, the hedge...
Coinbase Drops Hints About a Wrapped Bitcoin Token on Base
A cryptic X post by Coinbase has ignited speculation about the launch of a wrapped Bitcoin token, potentially called, cbBTC. The US-based crypto platform shared a thread mentioning “cbBTC,” followed...
