Author 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

FET Experiences Boom in Whale Transactions – Could it Boost Prices?

Whale activity around the Artificial Superintelligence Alliance (FET) has increased dramatically, with large transactions up 262%, as reported in IntoTheBlock data.

18.09.2024 14:00 1 min. read Alexander Stefanov

Crypto Enthusiasts Throw Plane Party, Raising Criticism

A recent crypto-themed networking event held aboard a Qatar Airways flight has sparked safety concerns after videos surfaced showing possible violations of seatbelt and smoking regulations.

18.09.2024 13:00 1 min. read Alexander Stefanov

USD Coin to Launch on Sui Blockchain with Cross-Chain Transfer Support

USD Coin (USDC), the second-largest stablecoin by market cap, is set to integrate with the Sui blockchain, as announced by Circle’s CEO Jeremy Allaire.

18.09.2024 12:00 1 min. read Alexander Stefanov

WalletConnect to Launch Connect Token with Airdrop on Optimism Network

WalletConnect is preparing to unveil its new Connect Token (WCT) on the Optimism OP Mainnet, an Ethereum Layer 2 network.

18.09.2024 11:30 1 min. read Alexander Stefanov

Robinhood Allegedely Considering Launching Own Stablecoin

On a recent episode of the Thinking Crypto podcast with Tony Edward, Johann Kerbrat, General Manager of Robinhood Crypto, hinted at the potential development of a company-branded stablecoin.

18.09.2024 11:00 1 min. read Alexander Stefanov

Binance Launches High-Leverage Futures Trading for Soaring Altcoin

The largest cryptocurrency exchange by trading volume, Binance, is introducing futures trading for UXLINK, a lesser-known altcoin that has surged 200% this month.

18.09.2024 10:30 1 min. read Alexander Stefanov

SEC Settles with FTX Auditor for Almost $2 Million

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with Prager Metis, the auditor for the now-collapsed FTX Derivatives Exchange.

18.09.2024 10:00 2 min. read Alexander Stefanov

Fears Over Solana’s Economic Structure Called Baseless

Justin Bons, founder and CIO of Cyber Capital, recently defended Solana (SOL) against criticisms of its economic structure, which some have compared to the downfall of Terra Luna in 2022.

18.09.2024 8:30 1 min. read Alexander Stefanov

Inflation Pushes Retired Baby Boomers Back to Work, Says Robert Kiyosaki

Personal finance expert Robert Kiyosaki has voiced concerns about inflation, attributing it to excessive money printing.

18.09.2024 8:00 2 min. read Alexander Stefanov

Japan Rate Hike Timing Uncertain, Analysts Split Between October and December

It is still unclear when the next interest rate hike by the Bank of Japan (BOJ) could be, and analysts are split between October and December.

17.09.2024 20:30 2 min. read Alexander Stefanov

Investors Await Fed Rate Decision as Bitcoin Shows Potential for Q4 Gains

Cryptocurrency investors are closely watching the Federal Reserve’s interest rate decision set for tomorrow.

17.09.2024 20:00 1 min. read Alexander Stefanov

Bitcoin Soars to $61,000 – Crypto Market in the Green

Bitcoin and the crypto market as a whole experienced a swift recovery this past day, with most prices being in the green.

17.09.2024 18:59 2 min. read Alexander Stefanov

BlackRock’s IBIT Bitcoin ETF Sees First Net Inflow in Three Weeks

BlackRock’s IBIT Bitcoin ETF recorded its first daily net inflow in three weeks, bringing in $15.8 million.

17.09.2024 18:44 1 min. read Alexander Stefanov

Crypto Trader Earns 100x Return with This Memecoin

A cryptocurrency trader recently achieved a staggering 100-fold return by investing in the meme coin First Neiro (NEIRO).

17.09.2024 18:30 2 min. read Alexander Stefanov

Grayscale Bitcoin Trust Faces Continued Withdrawals as ETF Inflows Rise

Grayscale Investments’ Bitcoin Trust (GBTC) is still experiencing investor withdrawals, with an additional $20.8 million pulled out on Monday, as reported by Farside Investors.

17.09.2024 17:30 1 min. read Alexander Stefanov