Category: Cryptocurrency

Jan 27
Ban less likely? Putin says crypto mining has its advantages in Russia

Putin says that a surplus of electricity and well-trained personnel give Russia a “competitive advantage” in crypto mining. 4190 Total views 122 Total shares Russian President Vladimir Putin has given crypto enthusiasts a glimmer of hope for the future of digital assets in the country, which have been under threat from a recent push to […]

Jan 27
IRS special agent: Crypto's the future but there are ‘mountains of fraud’

IRS chief sees “mountains and mountains” of fraud in NFTs and cryptocurrencies as demand continues to rise going forward in 2022. 2168 Total views 26 Total shares A top special agent from the Internal Revenue Service has told a conference that NFTs and crypto are the “future” but highlighted that fraud and manipulation is still […]

Jan 27
NASA blasts NFTs: Says they won't take off with its imagery

Concerning NFTs, NASA stated that it “does not wish for its images to be used for these purposes. 2297 Total views 28 Total shares Despite a general consensus amongst degen apes that NFTs are headed to the proverbial moon, space agency NASA has revealed it will not clear the use of its content and logos […]

Jan 27
ETH to hit $20 trillion market cap by 2030: Ark Invest

ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi. 643 Total views 3 Total shares A new report from Cathy Woods’ ARK Invest forecasts Ethereum (ETH) will meet or […]

Jan 27
Crypto policy advocacy group warns of 'disastrous' provision in a new US bill

According to Coin Center director, the proposed bill would essentially bypass existing checks and balances on the Treasury Secretary’s authority in surveilling financial institutions, including crypto firms. 4485 Total views 270 Total shares Jerry Brito, the executive director of non-profit crypto policy advocate group Coin Center, suggested U.S. residents call their elected officials over possible […]

Jan 26
SEC pushes decision on ARK 21Shares Bitcoin ETF to April 3

The regulatory body said it was “appropriate to designate a longer period” to approve or disapprove of the proposed Bitcoin ETF. 1791 Total views 34 Total shares The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares Bitcoin exchange-traded fund (ETF) originally proposed in July 2021. According to a Tuesday […]

Jan 26
Stop the steal? Trump family threatens legal action against TrumpCoin

The former president’s son Eric Trump fired off a threatening tweet to TrumpCoin for using his family’s name fraudulently, although the token’s Twitter account appeared unconcerned. 3077 Total views 42 Total shares A low cap cryptocurrency named TrumpCoin (TRUMP) has finally drawn the ire of the Trump dynasty six years after it entered the market. […]

Jan 26
Fading power? Weak DOGE spike after Elon Musk makes McDonald’s offer

Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast-food giant adds Dogecoin (DOGE) as an official payment method. “I will eat a Happy Meal on TV if McDonald’s accepts Dogecoin,” said the SpaceX CEO in a tweet on Tuesday morning. In the minutes following […]

Jan 26
Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter

It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets. 3264 Total views 8 Total shares Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act […]

Jan 26
Engineer hacks Trezor wallet, recovers $2M in 'lost' crypto

Hacker helps Trezor One owner who forgot his wallet passcode and seed phrase to recover cryptocurrency funds valued over $2 million. 5292 Total views 62 Total shares A computer engineer and hardware hacker has revealed how he managed to crack a Trezor One hardware wallet containing more than $2 million in funds. Joe Grand — […]