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Reserve Bank of India Furthers CBDC Efforts: Report
2.2.2024
The Reserve Bank of India (RBI) is now exploring tech solution for privacy concerns of central bank digital currency (CBDC). According to an insider who is familiar with the government’s CBDC moves, India is making progress in CBDCs with caution. The unnamed source told CoinDesk that the central...
Jupiter Price Prediction as JUP Drops 70% From Recent Top – Time to Buy the Dip?
1.2.2024
Source: Jupiter Official X Account Jupiter (JUP) price predictions remain optimistic one day after the tokens initial airdrop, despite the price having dropped substantially from its recent high. According to CoinGecko, the JUP price is 70% down from its high of $2.00 at current levels near $0.59....
Bonk Price Prediction as BONK Struggles Amidst Bearish Market Sentiment – More Selling to Come?
1.2.2024
Source: Dall•E 3 Bonk price, a cryptocurrency that has been making headlines in the digital asset market, is currently facing a challenging period. Despite the broader bearish market sentiment, Bonk has witnessed an 8% decline in its price over the last 24 hours, now trading at $0.00001097. This...
Crypto Lawyer Reveals Fed’s Involvement in ‘Operation Chokepoint’ on Digital Assets
1.2.2024
Image Source: Jimmy Aki, Midjourney On January 31, popular crypto lawyer James Murphy exposed subtle anti-crypto moves by the US Federal Reserve against crypto custody firm Custodia Bank. ‘Master Account’ Approval Takes Forever In a post on X (formerly Twitter), James “MetaLawMan” Murphy revealed...
Crypto Influencer BitBoy Ends YouTube Show Amid Ongoing Legal Battles
1.2.2024
Source: Midjourney Renowned crypto influencer BitBoy, real name Ben Armstrong, has announced the end of his daily crypto show on January 31. Cash Crunch and Legal Battles Prompt Closure In a surprising turn of events, BitBoy bid farewell to his three-year daily crypto show. Revealed on his YouTube...
EU Moves to Ban Bitcoin to Meet Energy Goals – Report
31.1.2024
Source: Pixabay A recent report has indicated that Proof-of-Work (PoW) consensus networks, like Bitcoin, may be banned in the European Union (EU). Daniel Batten, a managing partner at CH4 Capital, shared on his X (formerly Twitter) handle that the European Central Bank (ECB) and European Securities...
Jupiter Price Prediction as Solana Airdrop Creates a New Crypto Unicorn – How to Check JUP Eligibility?
31.1.2024
Jupiter (JUP) Price Chart / Source: TradingView Solana-based decentralized exchange (DEX) aggregator Jupiter just launched a massive airdrop of its native Jupiter (JUP) token, with the Jupiter price subsequently storming higher to turn the protocol into crypto’s latest unicorn. A crypto unicorn...
Coinbase Exchange Advisory Council Adds Former UK Chancellor to Team
31.1.2024
Source: YouTube/ Channel 4 News The world’s second-largest crypto exchange, Coinbase, announced on January 31 the addition of former UK Chancellor of the Exchequer George Osborne as an advisor to its council. Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, disclosed this in an official...
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
31.1.2024
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
German Authorities Confiscate 50,000 BTC Worth $2 Billion From Illegal Movie Site
30.1.2024
Source: Pixabay Following an investigation led by the Dresden General Prosecutor’s Office and the Saxony State Criminal Police, approximately 50,000 Bitcoins were “provisionally” secured in mid-January 2024 in connection with the crackdown on an illegal movie site. According to German...
Biggest Crypto Gainers Today on Uniswap – XTP, DOGE-1, BARL
30.1.2024
Source: AdobeStock $XTP, $DOGE-1 and $BARL are the biggest crypto gainers today on Uniswap as the broader cryptocurrency market rallies on waning pessimism about post-spot Bitcoin ETF approval sell pressure from major market players such as Grayscale. As per Grayscale’s website, the Grayscale...
Binance Labs Claims to Be ‘Unaware’ of Leading $15M SkyArk Chronicles Fundraise
29.1.2024
Image Source: Shutterstock Binance Labs has refuted claims of its involvement in the latest investment round of SkyArk Chronicles’ gaming platform. The venture capital arm of the Binance crypto exchange issued a statement on Monday, clarifying that it did not partake in SkyArk...
AI and Crypto Mining to More Than Double Energy Use by 2026, Report Says
26.1.2024
Source: Adobe / Timon The International Energy Agency (IEA) anticipates substantial increases in energy consumption from crypto mining and artificial intelligence (AI) in the coming years, with projections suggesting a more than 30% surge by 2026. The IEA’s Electricity 2024 report outlines...
BitcoinOS Unveils ‘Superlayer’ Protocol, Introducing Rollups to Enhance Bitcoin
26.1.2024
Source: Adobe / top images A new platform named BitcoinOS aimed at bringing Bitcoin into the decentralized finance (DeFi) landscape has been introduced by a team of blockchain developers at Sovryn. The platform, which the developers describe as an “operating system” for Bitcoin, utilizes...
Ripple Receives Permission to File Sur-Reply to Correct ‘Factual Mischaracterization’ by the SEC
26.1.2024
Source: AdobeStock Defense attorney and former federal prosecutor James K. Filan has revealed that Judge Sarah Netburn has granted Ripple blockchain’s request for a sur-reply. Sharing the development on X (formerly Twitter), Filan announced that the motion to file a “sur-reply has been...
Trickbot Ransomware Developer Behind $833M Crypto Theft Gets Prison Term
26.1.2024
Source: Pixabay/Pete Linforth A 40-year-old Russian developer of Trickbot ransomware has been sentenced to a five-year prison term, according to the US Department of Justice (DoJ). In a press release dated January 25, the DoJ identified the individual as Vladimir Dunaev from Amur Oblast, Russia....
Komodo CTO Exclusive: Large TradFi Players Will Be Entering Crypto This Year, DeFi Poised to Grow Once Again
26.1.2024
Kadan Stadelmann, CTO of open-source technology provider Komodo Platform, talked to Cryptonews about the current crypto investment sentiment, incoming “major” institutional investments, and the renewed rise of decentralized finance (DeFi). The expert further shared interesting insights...
Ethereum Dencun Upgrade Timelines Shared For Sepolia and Holesky Testnets – Mainnet Next?
25.1.2024
Source: Ethereum Protocol Support Team The highly anticipated Ethereum hard fork Dencun is gearing up for its testnet debut on Sepolia and Holesky in the upcoming weeks. Confirming this development in a recent blog post, the Ethereum Protocol Support Team stated that the latest upgrade to the smart...
Ozys’ Former Chief Security Officer Allegedly Weakened Security of Network Weeks Before $81.5M Hack
25.1.2024
Source: Pixabay South Korean blockchain network Ozys has made a damning revelation in the aftermath of its January 1, 2024 platform hack. In a January 25 Medium blog post, Ozys CEO Jinhan Choi clarified that the breach was not a result of overlooked security measures on their part. Rather, it was...