In a significant move to solidify its position in the blockchain ecosystem, Sol Strategies has announced a $6.5 million deal to acquire three additional validators for the Solana network. This strategic acquisition underscores the company’s commitment to enhancing the decentralization and security of the Solana blockchain while optimizing staking opportunities for investors. With $400 million worth of Solana already staked, …

In a dramatic turn of events, Interpol has issued a Red Notice for the founder of Hex, a controversial cryptocurrency project, citing charges of tax fraud and assault. The global alert puts the crypto founder on the radar of law enforcement agencies worldwide, marking a significant escalation in the legal challenges surrounding the Hex project. This development raises questions about …

Ethereum has recently faced a significant price drop, leaving investors and traders questioning whether the crash is finally over or if further declines are in store. With crypto markets notoriously volatile, Ethereum’s struggles have sparked widespread debate about its short-term and long-term trajectory. As one of the largest cryptocurrencies by market capitalization, its movements often set the tone for the …

In a move that could reshape cryptocurrency policy in the United States, former President Donald Trump has unveiled a bold proposal to create a strategic Bitcoin reserve as part of his economic platform. This unconventional plan has gained the endorsement of MicroStrategy’s Executive Chairman and prominent Bitcoin advocate, Michael Saylor. Known for his outspoken support of Bitcoin, Saylor’s backing adds …

A new report from blockchain analytics firm Chainalysis has revealed that North Korean hackers have stolen an alarming $1.3 billion in cryptocurrency over the past few years. The findings highlight the growing sophistication and scale of cyberattacks linked to North Korea, which has long been accused of using hacking to fund its government and military initiatives. The stolen crypto assets …

In a significant blow to global cybersecurity, U.S. authorities have charged a dual Russian-Israeli national for his alleged involvement in the notorious LockBit ransomware group. This high-profile case sheds light on the growing threat posed by cybercriminal organizations operating across borders, and underscores the complexities of holding international cybercriminals accountable. The charges mark a key development in the U.S. government’s …

In a major shift in its advertising policies, Google has announced that, beginning January 2025, all cryptocurrency advertisements targeting users in the UK will be required to register with the Financial Conduct Authority (FCA). This new regulation aims to create a safer, more transparent environment for crypto ads in the UK, ensuring that advertisers meet regulatory standards and safeguard consumers. …

In a bold move that signals significant backing for free speech in the digital space, Tether, the issuer of the world’s most popular stablecoin USDT, has made a major investment of $775 million into the video-sharing platform Rumble. The partnership, which is set to shake up the digital media landscape, underscores Tether’s commitment to promoting platforms that support uncensored content. …

In a significant development for the cryptocurrency world, Jump Crypto, a prominent player in the crypto space, has agreed to pay $123 million to settle allegations with the U.S. Securities and Exchange Commission (SEC). The charges stem from the misrepresentation of the TerraUSD stablecoin, a project that collapsed in 2022, resulting in widespread financial loss and scrutiny over the crypto …

The cryptocurrency market has once again been hit hard as over $1 billion worth of positions were liquidated, with many traders caught off guard by the sudden plunge. The trigger for this crash appears to be the Federal Reserve’s latest hawkish signals, suggesting that interest rates may remain higher for longer. This has created ripples in the broader financial market, …