A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government. The latest court decision came just a few months after other crypto firms, Paparaxy Global Ventures Limited and…
Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk’s influence and a channel breakout drive momentum.
Peter Brandt Predicts DOGE Rally: Channel Breakout Signals New Highs With Elon Musk in Play
Veteran trader and…
Former Employee's Hidden Code Turns Workplace Into Crypto Mine
November 7, 2024
A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of…
Vires in Numeris: Ethereum's Main Rival Grows in October, Flips BNB to Become the Fourth Largest Token
November 7, 2024
In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB.
Solana Surpasses BNB, Trounces Ethereum in October
Solana, considered by some as one of the largest rivals of…
Operation Chokepoint 2.0: Regulatory Pressure on Crypto Services
November 5, 2024
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on U.S. crypto firms.
20 Secretive Regulator Moves Targeting Crypto in Operation Chokepoint 2.0
Coinbase’s chief legal…
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks.
Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations
Matthew Sigel, head of digital assets research at…
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges.
Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes
Cartwright, a pension specialist for defined benefit and hybrid schemes, announced a pioneering bitcoin investment in a UK pension scheme’s…
Ripple CEO Loses Bank Account, Russia's New Crypto Law, and More
November 4, 2024
Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review.
Week in Review
Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his…
Bitcoin’s price currently holds steady coasting between $67,945 to $68,149 in the last hour as sellers maintain their grip, with technical indicators and moving averages showing mixed signals for traders.
Bitcoin
On the daily chart, bitcoin (BTC) has experienced a pullback…
Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot’s portfolio emptied. Onchain investigator Zachxbt reported that a FWOG whale seems to be one of the parties tied to the incident.
An X Account Hack and a Pump-and-Dump Scheme — What Happened to Truth Terminal’s Creator?
In recent weeks, the meme…
