Author Alexander Stefanov

Tether’s USDT Surge Highlights Unmatched Dominance in the Stablecoin Market

Tether’s USDT, the largest stablecoin, continues to strengthen its market position, with its market capitalization nearing $120 billion for the first time.

23.09.2024 10:00 1 min. read Alexander Stefanov

China Overshadows U.S. in Bitcoin Mining, Sparking Centralization Concerns

The competition in Bitcoin (BTC) mining has escalated recently, with China taking the lead over the United States.

23.09.2024 9:30 2 min. read Alexander Stefanov

Kamala Harris Signals Strong Support for Crypto in Bold Economic Strategy

Vice President Kamala Harris, the Democratic candidate for the upcoming presidential election in November, recently spoke at a Wall Street fundraiser where she addressed the cryptocurrency industry for the first time.

23.09.2024 8:00 1 min. read Alexander Stefanov

As Cardano Targets $0.445 and Floki Gains, Will Polygon and This New Meme Coin Explode in Q4?

The crypto market is buzzing with excitement as Cardano (ADA), Floki (FLOKI), and Polygon (POL) are set to make waves in Q4 of 2024.

22.09.2024 19:57 3 min. read Alexander Stefanov

Pro-Crypto Attorney to Face Elizabeth Warren in Key Debate on Crypto Regulation

Pro-XRP attorney John Deaton, who has secured the Republican nomination for a Massachusetts Senate seat, will face off against Democratic Senator Elizabeth Warren in a highly anticipated debate on October 15, 2024.

22.09.2024 16:00 2 min. read Alexander Stefanov

Coinbase Plans cbBTC Launch on Solana’s Blockchain

Coinbase is preparing to launch its cbBTC token on the Solana blockchain, according to the company’s Singapore director, Hassan Ahmed, during the Solana Breakpoint 2024 event.

22.09.2024 15:00 1 min. read Alexander Stefanov

Ripple Co-Founder Transfers 20 Million XRP: What’s Behind the Move?

Ripple Chairman Chris Larsen has recently moved 20 million XRP as part of a larger shuffle involving 50 million tokens.

22.09.2024 14:00 2 min. read Alexander Stefanov

Pyth Network Introduces Staking for Better Data Accountability

The Pyth Network has introduced Oracle Integrity Staking (OIS), a feature designed to enhance accountability among data sources by implementing staking rewards and penalties.

22.09.2024 10:00 1 min. read Alexander Stefanov

BNB Chain Integrates with Telegram to Simplify Web3 Access

BNB Chain has announced its integration with Telegram, enhancing accessibility to Web3 for both users and developers.

22.09.2024 8:30 2 min. read Alexander Stefanov

SEC Likely to Appeal Ripple Ruling as Deadline Approaches

Tensions surrounding the Ripple vs. SEC lawsuit are intensifying as discussions about a potential appeal gain traction.

22.09.2024 8:00 2 min. read Alexander Stefanov

Circle’s IPO and Wall Street Move Set for 2025

Circle is preparing for its initial public offering (IPO) and is set to relocate its headquarters to Wall Street in 2025, according to CEO Jeremy Allaire.

21.09.2024 14:00 1 min. read Alexander Stefanov

PancakeSwap Hits Trading Volume Milestone and Unveils Major Upgrade

PancakeSwap, a decentralized exchange, has reached $836 billion in cumulative trading volume and holds about $1.72 billion in total value locked (TVL) after four years of operation.

21.09.2024 13:00 1 min. read Alexander Stefanov

Inactive Bitcoin Miner Wallets Resurface After 15 Years

A Bitcoin miner wallet, inactive for 15.7 years, recently came to life, transferring 50 BTC—valued at approximately $3.05 million—into another wallet.

21.09.2024 9:00 1 min. read Alexander Stefanov

Here’s Which Countries Lead in State-Held Bitcoin Reserves

Recent data reveals that Bhutan has unexpectedly taken the lead in state-held Bitcoin (BTC) reserves, boasting $782.46 million, significantly outpacing El Salvador, which holds $351.75 million.

21.09.2024 8:00 1 min. read Alexander Stefanov

Chainlink Co-Founder Predicts Tokenized Assets Will Soon Outvalue Cryptocurrencies

Chainlink co-founder Sergey Nazarov predicts that tokenized real-world assets (RWAs) will soon surpass cryptocurrencies in value.

20.09.2024 22:00 2 min. read Alexander Stefanov

Kamala Harris Aims to Rebrand Democratic Crypto Stance with New Policies

Anthony Scaramucci, founder of SkyBridge Capital, announced that Vice President Kamala Harris is working on her campaign’s cryptocurrency policies, with support from crypto advocates.

20.09.2024 21:00 1 min. read Alexander Stefanov

Terraform Labs Wins Court Approval to Cease Operations After $40 Billion Collapse

Terraform Labs, the creator of the Terra (LUNA) ecosystem, has received court approval to wind down operations after settling fraud allegations with the U.S. SEC related to the collapse of its TerraUSD stablecoin and LUNA token, which caused $40 billion in losses in 2022.

20.09.2024 20:30 1 min. read Alexander Stefanov

Donald Trump Calls Fed Rate Cut a “Political Move,” Criticizes Powell’s Timing

Donald Trump criticized the Federal Reserve’s recent decision to cut its benchmark interest rate by half a percentage point, calling it a “political maneuver” and suggesting that a smaller reduction would have been more appropriate.

20.09.2024 20:00 2 min. read Alexander Stefanov

This US State Now Accepts Bitcoin and USDC for Payments

Louisiana has become the latest U.S. state to accept cryptocurrency payments for state services.

20.09.2024 19:30 1 min. read Alexander Stefanov

Crypto Exchange Investigates Potential Security Breach Affecting Hot Wallet

BingX, a cryptocurrency exchange, has alerted users to a possible security breach involving its hot wallet, leading to the activation of emergency protocols.

20.09.2024 19:00 1 min. read Alexander Stefanov

Decline in Short-Term Bitcoin Holders Could Impact Price Surge, Says CryptoQuant

CryptoQuant, a prominent market research firm, has observed a notable decline in the supply of short-term holders (STH) of Bitcoin (BTC), which may hinder the cryptocurrency’s potential price surge.

20.09.2024 18:30 1 min. read Alexander Stefanov

AI Expected to Transform Blockchain Crime Detection in Five Years

In the next five years, government prosecutors and tax agencies are expected to utilize artificial intelligence to analyze blockchain data for crime detection, according to Chainalysis CEO Michael Gronager.

20.09.2024 17:30 1 min. read Alexander Stefanov

JUST IN: MicroStrategy Buys Bitcoin Worth $458 Million

Michael Saylor’s MicroStrategy continues to expand its Bitcoin reserves, showing their undeniable optimism for the crypto market bull run.

20.09.2024 16:46 1 min. read Alexander Stefanov

Court Dismisses Consensys Lawsuit Against SEC

A U.S. district court has dismissed a lawsuit filed by Consensys Software Inc. against the Securities and Exchange Commission (SEC).

20.09.2024 16:30 1 min. read Alexander Stefanov

BREAKING: MicroStrategy Raises $1 Billion to Buy More Bitcoin

Institutional investors are becoming more bullish on the future trajectory of Bitcoin, piling up their reserves.

20.09.2024 15:30 1 min. read Alexander Stefanov

Top 20 Companies by Generative AI Patents in 2023

The landscape of generative AI patents reveals a striking dominance of Chinese companies, showcasing the rapid growth and active research in artificial intelligence within the country.

20.09.2024 14:30 2 min. read Alexander Stefanov

Samson Mow Meets Japanese Vice-Minister to Discuss Bitcoin

Renowned Bitcoin maximalist and JAN3 CEO Samson Mow met with Junichi Kanda, Parliamentary Vice-Minister of the Cabinet Office. 

20.09.2024 14:04 1 min. read Alexander Stefanov

Germany Shuts Down 47 Crypto Exchanges, Targets Cybercriminals

Germany has shut down 47 cryptocurrency exchanges, accusing them of enabling cybercriminals to launder money by ignoring anti-money laundering regulations.

20.09.2024 14:00 1 min. read Alexander Stefanov

Here Are the Countries Most Interested in Real World Crypto Assets

Interest in Real World Assets (RWA) within the cryptocurrency sector is experiencing a notable upswing, reflecting broader trends in the digital economy.

20.09.2024 13:30 2 min. read Alexander Stefanov

BREAKING: Top Asset Manager to Launch Groundbreaking Mutual Fund on Solana

Franklin Templeton, the asset management giant with $1.5 trillion in assets, is set to launch a mutual fund on the Solana blockchain.

20.09.2024 13:00 2 min. read Alexander Stefanov

WazirX Hack Sees $12 Million in Stolen Ethereum Laundered

In the wake of the $230 million hack at Indian crypto exchange WazirX, the attackers have moved another $12 million worth of Ethereum.

20.09.2024 12:00 1 min. read Alexander Stefanov

Hedge Fund Titan Warns of Economic Trouble if Kamala Harris Wins Presidency

Hedge fund mogul John Paulson has raised alarms about Kamala Harris’s potential impact on the U.S. economy if she wins the presidency in November.

20.09.2024 11:00 1 min. read Alexander Stefanov

Congressman Challenges Ethereum’s Security Status – SEC’s Mixed Signals Continue

During a recent congressional hearing, Democrat Ritchie Torres argued that Ethereum (ETH) should not be considered a security.

20.09.2024 10:30 1 min. read Alexander Stefanov

Russian Man Arrested for Treason Over Crypto Payments to Ukraine’s Military

In Komsomolsk-on-Amur, a city in Russia’s Far East, an unnamed individual has been detained on charges of high treason for allegedly sending cryptocurrency to Ukraine’s military.

20.09.2024 9:30 1 min. read Alexander Stefanov

Hackers Swipe $243 Million in Crypto Heist

In a dramatic crypto heist, three hackers executed a scheme that defrauded a single victim of $243 million on August 19, 2024.

20.09.2024 9:00 2 min. read Alexander Stefanov

Crypto Platform Suspends Operations After Wallet Breach Reports

The Block reports that the Banana Gun team is currently investigating reports of a user wallet breach and has temporarily shut down the platform.

19.09.2024 22:00 1 min. read Alexander Stefanov

Top German Bank to Launch Crypto Services with Boerse Stuttgart Digital

DZ Bank, Germany’s second-largest financial institution, has teamed up with Boerse Stuttgart Digital to offer cryptocurrency trading and custody services across its network of cooperative banks.

19.09.2024 21:00 1 min. read Alexander Stefanov

Cardano Founder to Meet Argentina’s President to Discuss Blockchain

Charles Hoskinson, founder of Cardano, will meet with Argentina’s President Javier Milei in October to discuss blockchain’s role in shaping future economies.

19.09.2024 20:30 1 min. read Alexander Stefanov

Crypto Whale Offloads $24 Million in Ethereum in Recent Sell-Off

An Ethereum whale has recently caused a stir by offloading a substantial portion of its holdings, selling over $24 million worth of ETH in the past three days amid significant market pressure.

19.09.2024 20:00 1 min. read Alexander Stefanov

XRP Poised for Major Price Jump as Whales Buy In

XRP has been trading within an ascending triangle pattern, signaling a potential significant breakout.

19.09.2024 19:30 1 min. read Alexander Stefanov

Binance Sees 40% Growth in Institutional Investors, CEO Predicts More to Come

Binance has seen a sharp rise in interest from institutional and corporate investors, with a 40% increase in participation this year, according to CEO Richard Teng.

19.09.2024 18:00 1 min. read Alexander Stefanov

Commerzbank Introduces Bitcoin and Ethereum Trading for Corporate Clients

Commerzbank, one of Germany’s largest financial institutions, is making a significant move into cryptocurrency by offering Bitcoin and Ethereum trading services to its corporate clients.

19.09.2024 17:30 1 min. read Alexander Stefanov

Sui Blockchain Emerges as a Major Contender, Says Ex-Goldman Sachs Exec

Raoul Pal, CEO of Real Vision and prominent macro analyst, has identified a layer-1 blockchain that he believes could rise to dominance in the crypto space.

19.09.2024 17:06 2 min. read Alexander Stefanov

Bitcoin Jumps to $63,000 After Fed Cuts Rates for the First Time in 4 Years

For the first time in 4 years, Fed cut the rates for the first time in 4 years, which lead to a notable surge in cryptocurrency prices.

19.09.2024 15:27 1 min. read Alexander Stefanov

Google Cloud Unveils New Blockchain RPC Service for Faster dApps

Google Cloud has introduced a new Blockchain Remote Procedure Call (RPC) service designed to simplify blockchain data interactions for cryptocurrency developers and enhance the performance of decentralized applications (DApps).

19.09.2024 15:00 1 min. read Alexander Stefanov

Australia Shifts Focus to Wholesale CBDC, Leaving Retail Options Behind

Australia’s central bank has decided to prioritize the development of a wholesale central bank digital currency (CBDC) over a retail version.

19.09.2024 14:30 1 min. read Alexander Stefanov

Circle Introduces Instant USDC Bank Transfers in Two Countries

Circle has announced that it will now support local bank transfers for USDC in Mexico and Brazil, using the countries’ real-time payment systems PIX and SPEI.

19.09.2024 14:00 1 min. read Alexander Stefanov

SEC Charges Company Over $1B Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has initiated legal action against Rari Capital, a decentralized finance platform, and its founders.

19.09.2024 11:30 1 min. read Alexander Stefanov

Binance Confirms Leak of Telegram Game Ahead of Launch

Binance has confirmed the leak of its upcoming Telegram mini-app game, Moonbix, ahead of its official launch.

19.09.2024 11:00 1 min. read Alexander Stefanov

Company Behind Silvergate Bank Files for Chapter 11 Bankruptcy

Silvergate Capital Corporation, the parent entity of Silvergate Bank, has entered Chapter 11 bankruptcy proceedings in Delaware.

19.09.2024 10:30 1 min. read Alexander Stefanov

Bitcoin Surges Past $62,000 After Fed Cuts Rates by 0.5%

After the long-awaited rate cut by the Federal Reserve, the crypto market started showing signs of recovery.

19.09.2024 10:06 2 min. read Alexander Stefanov

New Crypto Exchange Taps PayPal’s Stablecoin for Settlements

A new digital asset exchange called TrueX is set to launch, backed by a team of former Coinbase executives and utilizing PayPal’s stablecoin for transactions.

19.09.2024 9:30 1 min. read Alexander Stefanov

Can XRP Bounce Back with Legal Wins and New Opportunities?

Ripple, a prominent fintech company known for its ongoing innovations and partnerships, has struggled to reflect its growth in the price of its cryptocurrency, XRP, over the past seven years.

19.09.2024 9:00 2 min. read Alexander Stefanov

BREAKING: Federal Reserve Finally Cut Interest Rates

Federal Reserve meetings usually follow a predictable pattern, but this week’s Federal Open Market Committee (FOMC) gathering was shrouded in uncertainty.

18.09.2024 21:00 2 min. read Alexander Stefanov

Analyst Predicts Bitcoin Could Hit $220K by 2025 Amid Bullish Trends

A well-known crypto analyst believes Bitcoin (BTC) is poised to start a major bull run.

18.09.2024 19:30 1 min. read Alexander Stefanov

Anthony Scaramucci’s Bold Bitcoin Target: $100K by Year-End

Anthony Scaramucci, co-founder of Skybridge Capital, has stirred excitement in the crypto world with his prediction that Bitcoin (BTC) could hit $100,000.

18.09.2024 18:00 1 min. read Alexander Stefanov

CEX.io Announces New Partnerships for Enhanced Crypto-to-Cash Services

CEX.io, a centralized cryptocurrency exchange, has unveiled a new integration with financial services firm MoneyGram and the Stellar blockchain.

18.09.2024 17:00 1 min. read Alexander Stefanov

CFTC Warns Offshore Crypto Betting Platforms, Including Polymarket

The Commodity Futures Trading Commission (CFTC) is closely monitoring offshore crypto betting platforms like Polymarket that offer derivative contracts to U.S. customers, warning of potential enforcement actions for legal violations.

18.09.2024 16:30 1 min. read Alexander Stefanov

Revolut to Launch Its Own Stablecoin as It Expands Crypto Services

Fintech giant Revolut is planning to launch its own stablecoin. Sources indicate that Revolut, which recently secured a U.K. banking license and was valued at $45 billion earlier this year, is progressing well with this initiative.

18.09.2024 16:00 1 min. read Alexander Stefanov