Cryptocurrency News

25 December

“Argentina Freezes $3.5M in USDT Tied to Rainbowex Ponzi Scheme”

In a major move against cryptocurrency fraud, Argentina’s financial authorities have frozen $3.5 million worth of USDT (Tether) linked to the notorious Rainbowex Ponzi scheme. This marks a significant escalation in the country’s crackdown on illicit crypto activities as regulators work to protect investors and maintain the integrity of the digital asset market. The Rainbowex Ponzi Scheme Rainbowex, an unregistered …

25 December

WhiteRock Launches DeFi Platform to Tokenize NYSE, Nasdaq, and LSE Securities

In a groundbreaking move that bridges traditional finance and decentralized finance (DeFi), WhiteRock has unveiled a cutting-edge platform aimed at tokenizing securities from major global stock exchanges, including the NYSE, Nasdaq, and LSE. This initiative is set to redefine how investors interact with traditional assets, leveraging blockchain technology to unlock new possibilities in the financial world. The Vision Behind WhiteRock’s …

25 December

“Debunked: 11 Biggest Enterprise Blockchain Myths of the Decade – Forrester Report”

Blockchain technology has been one of the most transformative innovations of the past decade, capturing the imagination of businesses worldwide. However, alongside its rise, several myths and misconceptions about its capabilities and limitations have taken root. In a recent report, Forrester Research tackled the top 11 myths surrounding enterprise blockchain, shedding light on the reality behind the hype. Myth 1: …

25 December

El Salvador’s Bukele Eyes 2025 Russia Visit: Could Bitcoin Be on the Agenda with Putin?

El Salvador’s President Nayib Bukele, the world’s first leader to make Bitcoin legal tender, may be setting his sights on an official visit to Russia in 2025. As speculation mounts about the purpose of such a trip, many are wondering if cryptocurrency, particularly Bitcoin, could become a key topic of discussion between Bukele and Russian President Vladimir Putin. Bukele’s Bitcoin …

25 December

South Korea’s Crypto Boom: 15M Investors Push Trading Volumes to Rival Stock Market

South Korea is cementing its position as a global cryptocurrency hotspot, with the number of crypto investors surging past 15 million. In November alone, trading volumes across major exchanges approached levels comparable to the nation’s stock market, underscoring the growing integration of digital assets into mainstream finance. A Nation Embracing Crypto South Korea has long been a significant player in …

25 December

Bitcoin ETFs Bleed $1.5 Billion in Record Outflows, Largest Since Trump Era

In a stunning turn for the cryptocurrency market, spot Bitcoin ETFs have shed a staggering $1.5 billion in just four days, marking the most significant outflow streak since the aftermath of Donald Trump’s 2016 election victory. The sell-off has left investors and analysts scrambling to determine the underlying causes and potential repercussions for the broader market. Market Reaction and Implications …

24 December

Hyperliquid Labs Refutes North Korea Exploit Claims, Assures User Funds Are Safe

Hyperliquid Labs, a prominent cryptocurrency trading platform, has issued a firm denial of recent reports alleging its involvement in an exploit linked to North Korean hackers. In an official statement, the company emphasized that all user funds remain secure and that no breaches have occurred within its systems. The Allegations Reports surfaced earlier this week suggesting that Hyperliquid Labs may …

24 December

Crypto Fear & Greed Index Plunges to Lowest Point Since Trump’s Election Win

The Crypto Fear & Greed Index has reached its lowest level since the shock election of Donald Trump in 2016, signaling extreme fear and uncertainty within the cryptocurrency market. The index, which measures the overall sentiment of the market by tracking factors such as volatility, market momentum, social media activity, and investor sentiment, has dipped to an alarming level of …

24 December

HEX Soars 15% in 24 Hours Following Interpol Red Notice for Founder

In a dramatic turn of events, the price of HEX, the controversial cryptocurrency token, spiked by 15% in just 24 hours after Interpol issued a Red Notice for its founder, Richard Heart. The sudden surge in HEX’s value has left market observers puzzled, as the cryptocurrency community grapples with the implications of this international legal development. The Interpol Red Notice …

24 December

MicroStrategy Acquires 5,262 BTC for $561M, Boosts Total Holdings to 444,262 BTC

In a bold move to further solidify its position as one of the largest institutional holders of Bitcoin, MicroStrategy has acquired an additional 5,262 BTC for $561 million, bringing its total Bitcoin holdings to an impressive 444,262 BTC. The purchase underscores the company’s continued confidence in Bitcoin as a long-term store of value despite fluctuations in the market. A Strategic …