On December 5th, Bitcoin achieved a remarkable milestone, soaring to $103,630 during early trading in Asia, as observed on TradingView using the Binance platform. This incredible uptrend occurred after a period of consolidation, with Bitcoin surging more than 7% within just 12 hours, bouncing back from an intraday low of approximately $95,000. This event marks
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Launched over 2,000 days ago, the Pi Network has revolutionized expectations surrounding mobile cryptocurrency mining. Despite its ambitious vision and a user base exceeding 14 million, many in the crypto community find themselves grappling with uncertainty regarding the anticipated mainnet launch and the native PI token’s official debut. As we delve into the circumstances surrounding
In a notable declaration at the Investment Forum in Moscow, President Vladimir Putin praised Bitcoin and digital currencies, suggesting they are crucial instruments for enhancing economic stability while reducing financial inefficiencies. In his vision, these cryptocurrencies could potentially supplant the US dollar as a global reserve asset, an idea that seeks to challenge the current
Hydra was notorious within the dark web for being a highly sophisticated online drug marketplace, primarily targeting Russian-speaking users. Launched in 2015, it diversified its offerings beyond narcotics to include a range of illegal services such as counterfeit document sales, hacking tools, and even cryptocurrency laundering. These operations gained momentum until they reached an industrial
Woori Technology, a notable venture capital firm based in South Korea, is reportedly contemplating the sale of its investment stake in Dunamu, the entity that operates the Upbit cryptocurrency exchange. Upbit holds the distinction of being the largest cryptocurrency trading platform in South Korea, making this potential sale significant within the evolving crypto landscape. Originally,
In the rapidly evolving landscape of technology, the advent of Web3 marks a pivotal moment in how we interact with the digital world. Thomson Computing has made a remarkable contribution with the launch of the world’s first Web3 laptop, merging traditional computing with the decentralized ethos of blockchain technology. This innovative device promises to offer
In a recent pivot indicative of the volatile landscape of cryptocurrency, Foundry Digital has announced a substantial 27% reduction in its workforce, translating to 74 employees. This drastic move highlights a broader shift aimed at refining the company’s operational focus. Following internal restructuring at its parent organization, Digital Currency Group (DCG), Foundry’s decision illustrates a
In a significant move for the financial regulatory landscape, President-elect Donald Trump has endorsed Paul Atkins for the position of Chairman of the U.S. Securities and Exchange Commission (SEC), announcing his nomination through a post on Trust Social. This decision is expected to shape the regulatory environment surrounding digital assets, which have increasingly become a
While Bitcoin, the leading cryptocurrency, grapples with the formidable task of breaking the $100,000 barrier, its altcoin counterparts have been making significant strides. Among these is Binance Coin (BNB), which has recently showcased an extraordinary performance, emphasizing the shifting tides within the cryptocurrency market. As Bitcoin remains relatively stagnant, altcoins like BNB are stepping into
In an era where digital assets are gaining traction across various sectors, the Australian Securities and Investments Commission (ASIC) has taken a significant step forward by inviting public input regarding updates to its cryptocurrency regulation framework. Announced on December 4, these proposed changes aim to refine the classification of digital assets, recognizing the complex nature
