The recent revelation by ex-convict Martin Shkreli about his involvement in creating the Donald Trump-themed token DJT has caused a stir in the cryptocurrency world. Despite spending time in prison for financial-related frauds, Shkreli publicly announced his role in the creation of DJT on an X space platform. This confession came after questions surrounding the
Crypto
David Hirsh, the Chief of the Crypto Asset and Cyber Unit at the Securities and Exchange Commission (SEC), recently announced his resignation from the agency. After spending nine years with the regulator, Hirsh took to LinkedIn to express his gratitude towards his colleagues, mentors, and friends for their support. He mentioned that his career would
Ripple’s XRP has shown resilience in the face of negative market conditions, with a 1% increase in the past 24 hours and a 3% rise over the week. This performance has outpaced major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), which saw a decline of approximately 3% during the same time
Bitcoin experienced a rollercoaster ride on Monday, especially during the night, as it plummeted to a new monthly low of $64,000. The volatility was not limited to Bitcoin alone, as altcoins also faced significant fluctuations. This led to a substantial number of traders, 190,000 to be exact, getting wrecked on a daily basis. The weekend
Shibarium, the layer-2 scaling solution for Shiba Inu, has recently seen a surge in one of its key indicators by over 860%. This spike indicates a growing interest in the protocol and potentially higher levels of activity within the network. The number of new accounts on Shibarium skyrocketed from just 16 to 154 in a
Liquid staking and the concept of destablecoins have been gaining significant traction within the crypto space over the past year. Lista DAO is at the forefront of this movement, introducing an innovative open-source liquidity protocol that allows users to earn yield on collateralized cryptocurrencies such as BNB, ETH, stablecoins, and other assets. This protocol also
The potential impact of the combined forces of the cryptocurrency industry and artificial intelligence (AI) is staggering. According to Bitwise, a U.S. spot Bitcoin ETF issuer, this partnership could inject a massive $20 trillion into the global GDP by 2030. This bold prediction was made at the annual Consensus conference in Austin, where industry leaders
Coinbase recently released a report highlighting the declining presence of crypto talent in the United States. The report revealed that over the past five years, the number of US-based crypto developers has decreased by 14 points to only 26% today. This downward trend in talent could pose a significant challenge to the growth and adoption
Bitcoin has recently experienced a drop to a monthly low of $65,000, marking a 5% decrease compared to the previous week’s price. Despite this short-term volatility, when looking at the broader timeline, it is evident that the cryptocurrency has been consolidating since early March. Analysts have noted that such calm periods are rare for Bitcoin
In recent updates regarding the ongoing saga between Nigeria and Binance, the tax evasion charges against Tigran Gambaryan, Binance’s head of financial crime compliance, and Nadeem Anjarwalla, the exchange’s director for Africa operations, have been dropped by the Federal Inland Revenue Service (FIRS) of Nigeria. This comes after the two executives were charged with four
