Year: 2024

Richard Teng, CEO of Binance, projects that Bitcoin will exceed $80,000 by the year’s end, attributing this anticipated surge to the escalating interest from institutional investors in cryptocurrency-backed exchange-traded funds (ETFs). In January, US regulators granted approval for multiple Spot Bitcoin ETFs, effectively classifying them as stocks for American investors. This decision was recently mirrored…

Addressing speculations surrounding the purported abandonment of the Hydra scaling project within Cardano, CEO Charles Hoskinson dismissed such claims as mere “FUD” (fear, uncertainty, and doubt), emphasizing their unfounded nature. I'm seeing some videos claiming that Hydra has been abandoned. It is just pure FUD. The team has never been more productive and motivated, there…

As reported by a local news outlet, the International Monetary Fund (IMF) has mandated that Pakistan’s Federal Board of Revenue (FBR) impose a capital gains tax (CGT) on cryptocurrency investments and real estate transactions as a prerequisite for accessing a $3 billion bailout package. Furthermore, the IMF has recommended that Pakistan reassess its taxation policies…

According to a press release from the United States Attorney’s Office for the Southern District of New York, David Brend and Gustavo Rodriguez, the promoters of the fraudulent crypto mining and trading facility IcomTech, were convicted of conspiracy to commit wire fraud by a New York jury on Friday. Investors were enticed by false promises…

Summary XRP commenced trading on the Atlantis Exchange on March 17 at 5:00 AM UTC, introducing a new trading pair with USDB. The platform supports XRP deposits via the BNB Chain (BEP20), indicating that the XRP Ledger has not yet been integrated. Atlantis Exchange has projected a potential 100-fold increase in XRP’s value, aiming to…

Sam Bankman-Fried, the erstwhile CEO and mastermind behind the inception of FTX, finds himself ensnared in a labyrinth of legal complexities as the once-confidential “Bad Ideas” document becomes exposed to the public eye. This disclosure marks a pivotal juncture in the ongoing FTX bankruptcy lawsuit, injecting a fresh surge of controversy and scrutiny into the…

Summary Accidental burn of $10.4M in Solana pre-sale. Investors face losses and call for transparency and regulation. Pre-sale funding mishap highlights crypto market risks Amidst the dynamic and often unpredictable landscape of the cryptocurrency realm, a recent development has sent shockwaves through the community, illuminating the inherent risks and challenges that accompany innovation in this…

Embark on a journey into the captivating, albeit occasionally perilous, realm of cryptocurrency—a world where innovation and opportunity collide with uncertainty and risk. Brace yourself for another riveting chapter in this saga as Krishna Okhandiar, the mastermind behind the Remilia project and the illustrious Milady NFT collection, sends shockwaves rippling through the very fabric of…

In a seismic upheaval within the cryptocurrency sphere, a novel contender has emerged, shaking the very foundations of the memecoin landscape. Book of Meme (BOME), leveraging the innovative Solana blockchain, has transcended the realms of traditional meme coins, embarking on a meteoric ascent that defies convention and leaves onlookers in awe. The unprecedented surge of…