Politics
Former U.S. President Donald Trump has shown interest in an unconventional method to manage the country's soaring national debt, which currently stands at $34.7 trillion. During a recent online event called the Orange Party hosted on the social media platform X (formerly known as Twitter), Trump
Cryptonews
In a remarkable display of cryptocurrency acumen, an unknown trader managed to transform a modest investment of about $2,700 into a staggering $1.24 million, all thanks to the meme coin Shiba Inu (SHIB). This astounding success story, reported by the analytics company Lookonchain, showcases a 419-fold increase in
Cryptonews
In a startling repeat of financial misfortune, a crypto whale known for previously falling prey to phishing scams has once again suffered a staggering loss of nearly $7 million due to a sophisticated phishing attack. On-chain analysts reported that this unfortunate incident unfolded on May 26, 2024, stripping the trader
Cryptonews
MetaMask, a widely recognized cryptocurrency wallet primarily associated with the Ethereum network, is reportedly expanding its capabilities to include the Bitcoin network. According to a recent report from CoinDesk, citing insider sources, the development team at ConsenSys, the company behind MetaMask, is actively working towards this integration. The anticipated access
Cryptonews
Circle, the issuer of the prominent USDC stablecoin, has recently unveiled its dynamic new advertising campaign titled "Money Is Now Open". This initiative seeks to showcase how the advent of the open internet has dramatically reshaped various facets of human life and asserts that despite these advancements, the
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Coinbase Derivatives, a prominent player in the derivatives market, has announced an expansion of its product offerings to include futures on commodities like oil and gold. This move will complement the existing cryptocurrency derivatives already available on the platform. The new trading positions are set to begin on June 3,
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In a bold move to stabilize its national energy supply, Venezuela has officially imposed a ban on cryptocurrency mining across the country. According to government officials, this initiative aims to address the unreliable power supply that has plagued the nation for the past decade. Local law enforcement has already seized
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Magic Square has announced the launch of its new launchpad platform, a significant development in the Web3 sector designed to facilitate Initial DEX Offerings (IDO). This platform is strategically designed to support and accelerate the growth of Web3 projects by leveraging Magic Square's substantial user base and extensive
Deals
In a surprising pivot from his earlier reservations about cryptocurrency, influencer and entrepreneur Andrew Tate has announced an investment of more than $100 million in Bitcoin, signaling a complete departure from fiat money and traditional banking. This move represents a dramatic shift for Tate, who previously expressed skepticism about the
Deals
In a major operation spanning 26 provinces, Chinese law enforcement has uncovered an underground banking network that engaged in illegal financial activities using Tether (USDT), a popular stablecoin. This operation involved the seizure of approximately 13.8 billion yuan ($1.9 billion) and the detention of 193 suspects, indicating a
Technology
Changpeng Zhao, known popularly as CZ, the former CEO of the cryptocurrency exchange Binance, has announced his intention to write a book during his time in prison. This revelation comes amidst his current incarceration, where, according to CZ, he has found himself with "quite a bit of spare time&
Cryptonews
Eric Balchunas, a Bloomberg Intelligence analyst, has recently commented on the likelihood of the approval of spot Ethereum ETFs. He has shifted his forecast to December 2025, indicating a significant delay. According to Balchunas, a crucial factor in this process will be the outcome of the upcoming US presidential elections.