Year: 2024

ConsenSys, a prominent player in the blockchain and cryptocurrency space, has launched a bold legal offensive against the U.S. Securities and Exchange Commission (SEC) with the filing of a lawsuit in a federal court situated in Texas. At the heart of this legal battle lies the contentious issue of how the SEC classifies Ethereum’s native…

BitMEX CEO Arthur Hayes recently took to Twitter to encourage crypto enthusiasts to seize the bullish opportunities in the market. Known for his characteristic wit and unwavering confidence, Hayes dismisses any bearish sentiments surrounding cryptocurrencies. In his tweet, Hayes advocates for a “buy the dip” strategy, implying that there is ample potential for substantial profits…

A recent report from analyst and legal advisor Metalaw shines a spotlight on a pivotal moment in the cryptocurrency landscape: the bold initiative undertaken by New York Attorney General (NYAG) Letitia James approximately a year ago. Attorney General James captured attention by suggesting that Ethereum, a significant entity within the cryptocurrency realm, should be classified…

Get ready, crypto enthusiasts! A daring forecast from renowned analyst Titan of Crypto is causing ripples of excitement in the market. Is Bitcoin gearing up for an extraordinary rally, potentially skyrocketing to a pinnacle of $200,000 by May 2025? But let’s not stop at the headline. Let’s delve deeper into the rationale behind this captivating…

Emerging data hints at the imminent possibility of a surge in Bitcoin’s price, with a notable catalyst being the substantial foreign exchange (FX) outflows from China, amounting to an impressive $75 billion. Historically, such surges in outflows have preceded substantial upward movements in the price of Bitcoin, suggesting a potential bullish trend in the cryptocurrency…

Hedera’s recent announcement has sent shockwaves through the financial world, as news of the tokenization of BlackRock’s esteemed U.S. Treasury money market fund on its blockchain has ignited an unprecedented frenzy of trading activity surrounding its native cryptocurrency, HBAR. The revelation, although noteworthy, requires clarification: BlackRock itself wasn’t directly involved in this particular project. However,…

Five days have passed since the fourth Bitcoin (BTC) halving, and the cryptocurrency market is still in a state of anticipation and uncertainty. Bitcoin finds itself locked in a sideways movement, with its price oscillating between the $60,000 and $74,000 range. However, beneath this apparent stagnation lies a subtle upward momentum, evidenced by Bitcoin’s gradual…

Summary   Hackers leaked parts of Chivo Wallet’s source code and VPN credentials, putting El Salvador’s Bitcoin ATMs at risk.     The hacker group, CiberInteligenciaSV, claims the leak is to expose weaknesses in El Salvador’s government-backed Bitcoin adoption.     Salvadoran authorities haven’t commented on the hack, leaving questions unanswered. A startling revelation has surfaced: sections of the Chivo…

In a poignant post on April 25th, Cardano Blockchain founder Charles Hoskinson delivered a heartfelt reminder to the cryptocurrency community regarding the intrinsic purpose and ethos of digital currencies. With a sentiment that transcends mere trading, Hoskinson emphasized the profound significance of cryptocurrencies and their potential to catalyze transformative change on a global scale. Central…

Summary Central Bank of Nigeria denies freezing accounts of Bybit, KuCoin, OKX, and Binance users.     Regulatory environment for cryptocurrencies in Nigeria faces scrutiny amid shifting policies.     Nigerian government’s crackdown on platforms like Binance adds to regulatory complexities and uncertainties. The Central Bank of Nigeria (CBN) has found itself embroiled in a maelstrom of controversy amid…