The perception that cryptocurrency plays a significant role in funding terrorist activities has been challenged by Brian Nelson, the Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury. In his testimony before the House Financial Services Committee, Nelson provided insights that debunked the widely held beliefs surrounding the involvement of crypto
Crypto wallet users are currently facing a new wave of scams that exploit deceptive user interfaces (UIs), according to Hayden Adams, the founder of Uniswap. These scams involve fake clones of Ethereum Name Service (ENS) domains, which are used to deceive unsuspecting users and potentially steal their funds. In this particular scam, fraudsters purchase ENS
Cardano (ADA) has demonstrated remarkable progress and growth during the fourth quarter (Q4) of 2023, surpassing its competitors in key metrics, according to a recent Messari report. This article will provide a comprehensive analysis of Cardano’s performance during this period, examining various metrics that highlight its growth and highlighting the impact these achievements have had
The entertainment industry is constantly evolving, and Gala Film is at the forefront of this transformation with their innovative use of Web3 technology. This new approach aims to make entertainment more accessible and rewarding for users, potentially ushering in a new era in the industry. Gala Film’s strategy revolves around four key concepts that are
Bitcoin, the undisputed king of cryptocurrencies, is making headlines once again with its recent price surge that has propelled it past the coveted $50,000 mark. This rally, combined with an “extreme greed” reading on the Crypto Fear and Greed Index, suggests that the market is overflowing with optimism, but it also raises concerns about potential
In recent weeks, Ethereum has experienced a significant surge in its market price, signifying a growing demand for the popular cryptocurrency. Lookonchain, an on-chain analytics platform, recently unveiled a noteworthy strategy employed by an Ethereum whale, shedding light on their bold stance regarding Ethereum’s future trajectory. The whale has been actively accumulating Ethereum by utilizing
Bitcoin, the most well-known cryptocurrency, has been gaining global attention and adoption in recent years. Tuur Demeester, a prominent Bitcoin OG and researcher for Adamant Research, has shared his bullish outlook for the future of Bitcoin. Demeester predicts that the price of Bitcoin could escalate to between $200,000 and $600,000 by the year 2026. This
The world of cryptocurrency continues to grow and evolve, with asset managers seeking approval for various investment products. Wall Street titan and asset manager Franklin Templeton recently made headlines by applying for an Ethereum Spot Exchange-Traded Fund (ETF). This move comes after their struggle to gain approval for a Bitcoin Spot ETF earlier this year.
Coinbase, one of the largest cryptocurrency exchanges, has recently made headlines for lifting the freeze on Debt Box’s assets. This decision came after Coinbase discovered discrepancies in the Securities and Exchange Commission’s (SEC) representation of its case against the firm. The move sparked controversy and shed light on the SEC’s handling of the emerging crypto
In a shocking turn of events, a new meme coin called Dogecoin on SOL has experienced an astronomical surge in price, with a staggering increase of +60,980%. This unprecedented pump has left many experts wondering if another coin, Sponge V2, could follow suit. While Dogecoin on SOL has encountered significant price retracements, it continues to
The court battle between Changpeng Zhao, commonly known as CZ, and the United States government has taken an unexpected turn. A notice filed in a Seattle court reveals that the verdict, initially expected later this month, will now be delayed until the 30th of April. This extension will undoubtedly prolong the anticipation, anxiety, and speculation
In a recent interview with Discovery Crypto, Charles Hoskinson, co-founder of Cardano, shared his insights on the state of the crypto space and the future of the network. Cardano is often regarded as the “Taylor Swift of Blockchains,” symbolizing its potential for widespread recognition and impact. Despite its growing prominence, there seems to be a
In a recent incident, the U.S. Securities and Exchange Commission (SEC) fell victim to a SIM swap attack, highlighting the vulnerability of its cybersecurity measures. The incident involved an unknown actor performing a SIM swap attack on the SEC’s X account and spreading false information about the approval of spot Bitcoin ETFs. In response to
It has been confirmed by lawyers representing FTX that the possibility of restarting the defunct exchange has been officially scrapped. Instead, the company will dissolve completely once all debts have been paid off. The lawyers are confident that full repayment to creditors is an attainable objective, albeit in the form of the dollar value of