Year: 2024

quick read A recent survey conducted by Coinbase has unveiled the impact of cryptocurrency on the forthcoming elections in Texas. Political ramifications and candidates’ positions on the matter. Recent revelations by Coinbase, a prominent cryptocurrency exchange based in the United States, highlight Texas as a crucial battleground where political preferences might be influenced by presidential…

quick read OANDA, a United States-based firm, has broadened its crypto trading services to the UK via its subsidiary, OANDA Crypto. Navigating regulatory landscape and strategic approach. OANDA, a prominent cryptocurrency brokerage firm headquartered in the United States, has declared its expansion into the United Kingdom market by rolling out its crypto trading services under…

On February 23, renowned Bitcoin miner Riot Platforms released a warning concerning potential profitability hurdles in its business activities. The company pointed to several factors, such as global supply chain interruptions, chip scarcities, and escalating regulatory scrutiny regarding climate change, as significant threats to its operations. Challenges Ahead: Riot Platforms’ Cautionary Outlook for 2024 Profits…

ZachXBT, a pseudonymous blockchain investigator renowned for his thorough examinations within the crypto realm, has successfully reclaimed the majority of the funds from the sale of a rare DeGods non-fungible token (NFT). The NFT was pilfered in May 2023 following the original owner’s unfortunate entanglement in a phishing scheme. In a recent update on X,…

Over the past 24 hours, the Solana price has remained relatively stagnant, maintaining its position at $102, mirroring the broader market trend, which has also seen no change in the same timeframe. This lack of movement for SOL follows its rebound above the $100 mark after dipping below this critical level over the weekend, resulting…

quick take The Shib Army has initiated a campaign for a Shiba Inu-specific ETF, submitting a petition to Grayscale Investments. The petition for the Shiba Inu ETF garnered rapid traction, accumulating over 500 signatures in a short span, indicative of robust community backing. Reasons cited for SHIB’s suitability for an ETF include its widespread popularity…

summary A company based in Myanmar perpetrated scams exceeding $100 million in cryptocurrency through romance and ransom strategies. The scam was traced back to KK Park in eastern Myanmar by Chainalysis and the International Justice Mission. Tether tokens were utilized in the scams, capitalizing on their stability and quick transaction speeds. Enter a realm where…

quick take Anatoly Yakovenko, the founder of Solana, ignited discussions in a recent tweet by connecting Solana’s origins with Satoshi Nakamoto, the creator of Bitcoin. This tweet came in the wake of the release of 120 pages of emails exchanged between Satoshi Nakamoto and Martti Malmi, an early Bitcoin developer, shedding light on Bitcoin’s early…

quick take Ripple caught everyone off guard by unlocking 400 million XRP tokens. The timing and cryptic memo accompanying the move sparked questions and raised eyebrows. The community is currently speculating and eagerly awaiting clarification from Ripple. Ripple, the esteemed blockchain company based in San Francisco and renowned for its innovations in the digital asset…

quike take Carson Group announces the inclusion of four newly launched Bitcoin ETFs in its offerings for clients, in response to rising demand for digital currency investments. The selected ETFs include options from Bitwise and Franklin Templeton, as well as the popular iShares Bitcoin Trust by BlackRock, and the Fidelity Wise Origin Bitcoin Fund. Significant…