Others News

Curious stories and rumors, stock markets, AI, economy. All alternative developments in one place.

MicroStrategy Outperforms Major Companies with 1,113% Growth Since 2020

Michael Saylor, co-founder of MicroStrategy, recently shared a comparison on social media, showcasing how his company has performed against other major firms since August 2020.

26.08.2024 8:00 1 min. read Alexander Stefanov

Crypto Market Rises Amid Fed Rate Cut Speculation; Key Data Releases Ahead

The crypto market experienced a strong upswing last week, driven by speculation about a possible Federal Reserve rate cut in September.

25.08.2024 15:00 2 min. read Alexander Stefanov

Telegram Founder Pavel Durov Arrested in France Over Criminal Activity Allegations

Pavel Durov, the creator of Telegram, was detained at Paris-Le Bourget Airport after arriving from Azerbaijan, according to French media reports.

25.08.2024 1:38 2 min. read Alexander Stefanov

Two Top American Banks Report Major Data Breach

Recent developments in the U.S. banking sector have heightened concerns, especially with news of a significant data breach affecting major banks.

25.08.2024 9:00 2 min. read Alexander Stefanov

Cardano CEO Proposes Partnership with Algorand for AI Innovations

Charles Hoskinson, the creator of Cardano, recently praised Algorand’s blockchain and suggested a potential partnership to advance decentralized AI technology.

25.08.2024 8:30 1 min. read Alexander Stefanov

PayPal and Crypto Bank Anchorage Launch PYUSD Rewards Program

PayPal is teaming up with Anchorage Digital to offer a new rewards program for its stablecoin, PayPal USD (PYUSD).

24.08.2024 12:00 1 min. read Alexander Stefanov

Mt. Gox Former CEO Launches New Crypto Venture

Mark Karpelès, former CEO of the defunct Mt. Gox exchange, is making a comeback with a new project called EllipX.

24.08.2024 11:00 1 min. read Alexander Stefanov

Tron Surpasses Solana as Top Meme Coin Trading Platform

The Tron network has recently emerged as the top platform for meme coin trading, overtaking Solana, thanks to the success of its new meme coin launchpad, Sunpump.

24.08.2024 9:30 2 min. read Alexander Stefanov

India Crypto Exchange WazirX to Resume Withdrawals Next Week

WazirX, one of India’s leading cryptocurrency exchanges, has announced a key update regarding user withdrawals and its response to the recent cyberattack.

23.08.2024 20:00 2 min. read Alexander Stefanov

Russia Unveils New Cryptocurrency Exchanges to Power Global Trade Amid Sanctions

Russia is moving forward with plans to establish two cryptocurrency exchanges, one in Moscow and another in St. Petersburg, in a bid to enhance its international trade capabilities.

23.08.2024 12:31 2 min. read Alexander Stefanov

Justin Sun Addresses Concerns After Tron Removes $750M in Bitcoin from USDD

Justin Sun, the founder of Tron, has reassured users about the stability of the USDD stablecoin despite a recent significant withdrawal of Bitcoin reserves.

23.08.2024 10:30 2 min. read Alexander Stefanov

Will Jerome Powell’s Jackson Hole Speech Impact Bitcoin?

Jerome Powell is scheduled to speak tomorrow at the annual Jackson Hole gathering of central bankers, and his remarks could have major implications for Bitcoin and the broader financial markets.

23.08.2024 9:00 2 min. read Alexander Stefanov

Donald Trump Promotes Family Crypto Project as Election Campaign Gains Steam

Donald Trump has recently brought attention to his family’s cryptocurrency project, “The Defiant Ones,” by sharing a link on Truth Social.

23.08.2024 8:00 2 min. read Alexander Stefanov

Majority of Crypto Investors See Digital Assets as Key to Wealth Strategy

According to a recent EY-Parthenon survey, a significant 70% of crypto investors now integrate digital assets into their wealth management plans.

22.08.2024 18:30 1 min. read Alexander Stefanov

Crypto Ownership Surges Past 600 Million as Market Evolves in 2024

In 2024, cryptocurrency adoption has surged, with global ownership climbing to 617 million, up from 580 million in December 2023.

22.08.2024 18:00 1 min. read Alexander Stefanov

Binance to Expand Compliance Team Amid Rising Regulatory Costs

Binance plans to significantly expand its workforce by adding 1,000 employees this year, focusing on compliance roles.

22.08.2024 17:00 1 min. read Alexander Stefanov

FTX Restructuring Plan Gains Massive Support as Asset Recovery Begins

FTX and its affiliates have moved closer to finalizing their reorganization plan, which has received substantial backing from creditors.

22.08.2024 15:30 1 min. read Alexander Stefanov

Tron to Reach $4 Billion in Revenue Next Year, According to CEO

Justin Sun, the founder of TRON, has set an ambitious revenue target of $4 billion for the network over the next year. Sun’s optimistic forecast is rooted in TRON’s current meme coin strategy, which he believes will significantly boost market growth.

22.08.2024 13:00 2 min. read Alexander Stefanov

Crypto Firms Pour $119 Million into 2024 US Elections

Public Citizen has issued a new report highlighting how cryptocurrency companies are shaping the 2024 US elections.

22.08.2024 12:00 2 min. read Alexander Stefanov

This U.S. State Could Launch its Own Stablecoin in the Beginning of 2025

Wyoming Governor Mark Gordon recently addressed the Wyoming Blockchain Symposium, highlighting the state’s commitment to blockchain technology and unveiling plans for a state-backed stablecoin slated for release in 2025.

22.08.2024 11:30 2 min. read Alexander Stefanov

Will Top Crypto Exchange Binance Go Public?

Richard Teng, who took over as Binance’s CEO in 2023, has stated that the company does not plan to pursue an initial public offering (IPO) as he lays out a long-term vision for the exchange. Teng succeeded Changpeng “CZ” Zhao, who stepped down after a major settlement with US authorities.

22.08.2024 11:00 2 min. read Alexander Stefanov

Latin E-Commerce Giant Launches New US Dollar-Pegged Stablecoin

Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.

22.08.2024 10:30 1 min. read Alexander Stefanov

Tether Teases New Stablecoin Initiative in UAE Market

Tether, the leading stablecoin issuer, is set to launch a new digital currency tied to the UAE dirham (AED).

21.08.2024 19:00 1 min. read Alexander Stefanov

Robinhood Enhances Crypto Trading on Android

Robinhood has added new trading features to its Android app, now offering stop-loss and stop-limit orders for cryptocurrency transactions.

21.08.2024 18:30 1 min. read Alexander Stefanov

State Street Partners with Taurus to Enhance Digital Asset Services

State Street has announced a strategic partnership with crypto custodian Taurus to enhance its offerings in tokenization and digital custody services for institutional investors.

21.08.2024 13:30 2 min. read Alexander Stefanov

U.S. Presidential Candidate is Considering Dropping out of 2024 Race

The independent presidential campaign of Robert F. Kennedy Jr., known for his pro-crypto stance, is considering a major change.

21.08.2024 12:30 2 min. read Alexander Stefanov

Blast Network Faces Severe Drop in TVL and User Activity

Blast Network, an Ethereum layer-2 scaling solution, is experiencing significant setbacks, with major declines in both its total value locked (TVL) and daily active users, raising doubts about its long-term viability.

21.08.2024 10:30 1 min. read Alexander Stefanov

Here is How a Crypto Billionaire’s Portfolio Looks Like

Justin Sun, the founder of Tron and a prominent figure in the cryptocurrency realm, is once again capturing attention.

21.08.2024 10:00 2 min. read Alexander Stefanov

Mango Markets Offers Settlement to SEC Over Alleged Violations

Mango Markets is negotiating a potential settlement with the U.S. Securities and Exchange Commission (SEC) over claims of breaching securities regulations.

20.08.2024 20:30 1 min. read Alexander Stefanov

Bitwise Enters Europe, Now Managing Over $4.5 billion in Crypto

Crypto fund manager Bitwise is entering a new continent for the first time with the acquisition of London-based ETC Group, the company announced Monday.

20.08.2024 14:00 2 min. read

Gary Gensler Could Become Secretry of Treasury if Kamala Harris Wins the Election

Gary Gensler, the current head of the U.S. Securities and Exchange Commission (SEC) known for his critical stance on cryptocurrencies, could become Treasury secretary if Vice President Kamala Harris wins the upcoming presidential election, according to a report by the Washington Reporter on Monday.

20.08.2024 7:15 2 min. read Alexander Stefanov

Gate.io and Abu Dhabi Blockchain Center Launch $100 Million Web3 Fund

Gate.io’s investment arm, Gate Ventures, has partnered with Abu Dhabi’s Blockchain Center to create a new $100 million fund, named Falcon Gate Ventures, aimed at advancing Web3 technologies.

20.08.2024 13:30 1 min. read Alexander Stefanov

UAE to Launch New Digital Asset Management Platform

The National Bank of Ras Al Khaimah (RAKBANK) has joined forces with Bitpanda Technology Solutions to launch a new digital asset management platform for UAE residents.

19.08.2024 22:00 1 min. read Alexander Stefanov

Crypto Strategist Foresees Major Market Rebound and Altcoin Surge – Here is When

Crypto strategist Michaël van de Poppe believes the digital asset market is nearing the end of its extended correction phase.

19.08.2024 13:00 1 min. read Alexander Stefanov

Vitalik Buterin Pushes for Cautious Tech Development Amid Rapid Advances

Vitalik Buterin, co-founder of Ethereum, has recently registered a new Ethereum Name Service (ENS) domain: “dacc.eth.”

19.08.2024 11:00 1 min. read Alexander Stefanov

Robert Kiyosaki Warns: Move Your Money Out of Banks

Robert Kiyosaki, author of ‘Rich Dad Poor Dad,’ has recently turned his attention to the banking system, issuing a stark warning on August 18 through his social media platform.

19.08.2024 8:30 1 min. read Alexander Stefanov

Former JPMorgan Employee Fined and Suspended by FINRA for Data Misuse

A former JPMorgan employee is facing disciplinary action from the Financial Industry Regulatory Authority (FINRA) for alleged breaches of regulations.

18.08.2024 19:00 1 min. read Alexander Stefanov

Charles Hoskinson Puts Up $1 Million to Test Cardano’s Wallet Security

Charles Hoskinson, the founder of Cardano, has announced a $1 million challenge to the ADA community.

18.08.2024 15:00 2 min. read Alexander Stefanov

U.S. Banks Exposed to Potential Financial Crisis, Report Finds

A new report reveals that 94 U.S. banks are at high risk of facing bank runs from uninsured depositors if they show signs of financial instability.

18.08.2024 14:00 2 min. read Alexander Stefanov

Turkey Grants Regulatory License to Leading Crypto Exchanges

Turkey recently expanded its list of licensed crypto exchanges, adding major players such as Coinbase, KuCoin and Gate.

18.08.2024 13:00 2 min. read Alexander Stefanov

BlackRock’s Digital Asset ETFs Surpass Grayscale in AUM

BlackRock, recognized as a leading global asset manager, recently reached a significant milestone:

18.08.2024 10:00 2 min. read Alexander Stefanov

German Federal Authority Issues a Warning to Crypto Users

Germany’s Federal Office for Information Security (BSI) has advised cryptocurrency users to protect their digital assets using hardware wallets.

17.08.2024 21:00 1 min. read Alexander Stefanov

Trump’s Financial Disclosure Shows Significant Crypto and NFT Holdings

Donald Trump’s latest financial report reveals he owns around $5 million in cryptocurrencies and has earned over $7 million from NFTs through a deal with NFT INT.

17.08.2024 8:30 1 min. read Alexander Stefanov

Bitdeer Announces $150 Million Convertible Notes Offering

Bitdeer Technologies Group, a Singapore-based cryptocurrency mining company, has proposed a $150 million public offering of convertible notes set to mature in 2029.

17.08.2024 10:30 1 min. read Alexander Stefanov

Malaysia Adopts Worldcoin’s Iris Scanning for Digital Identity Verification

Malaysia is integrating Worldcoin’s iris scanning technology into its digital systems, a major step in the country’s digital transformation.

17.08.2024 17:00 1 min. read Alexander Stefanov

Crypto Firm Secures $55 Million to Enhance DeFi Risk Management

Chaos Labs, a New York-based company specializing in risk management for decentralized finance (DeFi), has secured $55 million in an oversubscribed Series A funding round.

17.08.2024 15:00 1 min. read Alexander Stefanov

Bybit Expands Operations to Argentina as Licensed Crypto Service Provider

Bybit has expanded its operations to Argentina, becoming a licensed Virtual Asset Service Provider (VASP) and card operator.

17.08.2024 14:00 1 min. read Alexander Stefanov

Chinese Banks Reject Russian Payments, Boosting Use of Crypto

Chinese regional banks, once vital for processing Russian payments, are now rejecting these transactions due to concerns about secondary sanctions.

17.08.2024 8:15 1 min. read Alexander Stefanov

IMF Proposes Major Electricity Tax Hike for Crypto Miners

On Thursday, the International Monetary Fund (IMF) suggested raising electricity taxes for cryptocurrency miners by as much as 85% to address global carbon emissions.

16.08.2024 15:30 2 min. read Alexander Stefanov

Michael Burry Exits Gold, Bets on Consumer Stocks and Real Estate

Michael Burry, renowned for his 2008 financial crisis forecast, has sold off his entire investment in the Sprott Physical Gold Trust ($PHYS), which had gained 23% over the past six months.

16.08.2024 19:00 1 min. read Alexander Stefanov

SEC Will Win Ripple Appeal, According to Better Markets CEO

Dennis Kelleher, CEO of Better Markets, has predicted a 90% likelihood that the U.S. Securities and Exchange Commission (SEC) will ultimately prevail in its appeal against Ripple.

16.08.2024 18:00 1 min. read Alexander Stefanov

Crypto Analyst Suggests Market May Have Hit Bottom

Analyst Jason Pizzino is exploring whether the cryptocurrency market might see further declines.

16.08.2024 8:30 1 min. read Alexander Stefanov

Binance to Pay $1.76 Million Settlement for Unlicensed Derivatives Trading in Brazil

Binance, the leading global cryptocurrency exchange, has reached a settlement with Brazil’s Securities and Exchange Commission (CVM) involving a payment of 9.6 million reais (approximately $1.76 million).

16.08.2024 9:30 1 min. read Alexander Stefanov

Vitalik Buterin Donates Half a Million in Crypto to Animal Charity

Ethereum co-founder Vitalik Buterin recently announced that he has donated all the animal-themed memecoins he received last year to charity.

16.08.2024 10:00 2 min. read Alexander Stefanov

Circle CEO Urges Kamala Harris to Clarify Her Crypto Stance

Circle’s CEO, Jeremy Allaire, has emphasized the need for a definitive stance on cryptocurrency from Kamala Harris, the Democratic presidential nominee.

15.08.2024 19:30 1 min. read Alexander Stefanov

Singapore Banks Team Up to Test Quantum Security Solutions

Singapore’s central bank, the Monetary Authority of Singapore (MAS), is spearheading an initiative with banks and technology firms to evaluate Quantum Key Distribution (QKD) as a defense against the potential threats of advanced quantum computing.

15.08.2024 18:30 1 min. read Alexander Stefanov

Binance Resumes Operations in India After 7 Months Ban

Binance, a major crypto exchange, has reappeared on India’s Google Play Store and Apple’s App Store after a seven-month ban for failing to comply with local regulations.

15.08.2024 17:30 1 min. read Alexander Stefanov

Donald Trump’s Son Prepares Major Crypto Move

In an exclusive interview with the New York Post, Eric Trump, executive vice president of the Trump Organization, highlighted the potential of cryptocurrency, describing it as “digital real estate” that offers fair and immediate access to financial services.

15.08.2024 16:30 1 min. read Alexander Stefanov

Fidelity’s Digital Asset Chief Reveals Exciting Plans for New Crypto Products

Head of Fidelity’s Digital Asset Management, Cynthia Lo Bessette, hinted at new digital asset products like stablecoins and tokenized Treasury bonds.

15.08.2024 21:00 1 min. read

Russia Shifts $2.3 Billion in Cash as Sanctions Bite and Yuan Push Falters

Russia is back in the spotlight after recent issues with the Libyan dinar, which Libyan officials attribute to a surge in counterfeit bills reportedly linked to Russia.

15.08.2024 18:00 1 min. read Alexander Stefanov