Tyler Winklevoss, co-founder of Gemini, has raised concerns about the implications of Operation Chokepoint 2.0 following the US Federal Reserve’s recent actions against Customers Bank. The regulatory move was prompted by allegations that the bank had violated several financial regulations, including the Bank Secrecy Act and Anti-Money Laundering laws, due to its involvement with digital
Shibarium, the layer-2 scaling solution for Shiba Inu, has been making significant progress in terms of transaction speed, scalability, and cost reduction. The recent announcement of a hard fork with the new Bor version showcases the platform’s commitment to continuous improvement and development. The Bor layer plays a crucial role in validating and securing transactions
OKX CEO Star Xu has issued a warning to users regarding the potential risks of interacting with the sanctioned crypto mixer Tornado Cash. In a statement made on August 9 through the social media platform X, Xu highlighted that deposits from sanctioned entities such as Garantex and Tornado Cash, as well as withdrawals to these
Bitcoin’s recent price recovery has been impressive as the cryptocurrency exceeded $60,000 and neared $63,000 for the first time since the weekend. This positive movement comes after a market-wide crash that occurred last week, leading to BTC plummeting to a 6-month low of $49,500. However, the asset quickly started to recover, climbing to $53,000 on
Metaplanet, a Japanese investment firm, recently secured a substantial loan from MMXX Ventures to bolster its Bitcoin holdings. This decision came after the company’s announcement to raise $70 million for Bitcoin investments. Prior to embracing Bitcoin, Metaplanet faced financial difficulties, being referred to as a “zombie” company by CEO Simon Gerovich. Bitcoin Investments Metaplanet’s loan
Samuel Edyme, also known as HIM-buktu, is not your typical content writer or journalist. His journey into the world of crypto was not paved with success from the beginning. In fact, it began with a scam, a Ponzi scheme that lured him in with promises of quick wealth. Instead of giving up after this initial
Immutable, a key player in the NFT and blockchain gaming space, has recently announced the decision to close down its NFT marketplace. This decision is in line with the company’s strategic focus on expanding its network by supporting other marketplaces within its ecosystem. The shutdown of the Immutable Marketplace is scheduled to take place on
The long-anticipated addition of options features to Bitcoin exchange-traded funds (ETFs) in the United States is likely to occur in the fourth quarter, according to Bloomberg ETF analyst James Seyffart. However, Seyffart also mentioned the possibility of this development taking place as early as the third quarter, with a final decision from the US Securities
A crypto analyst, known as ‘The Crypto Dog,’ recently shared a positive outlook on Bitcoin’s future in a post on X. The analyst predicts that Bitcoin could experience rapid growth comparable to the speed of its recent crash, ultimately recovering all the value lost during the decline. This optimistic forecast comes on the heels of
In a recent Fox Business report, it was revealed that a new advocacy group, “Crypto for Harris,” has been established to counter Donald Trump’s appeal within the cryptocurrency industry. The group is set to hold a virtual town hall meeting to bolster the Harris campaign and drive fundraising efforts. Notable figures such as Mark Cuban,
