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 …
Latest News
December, 2024
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22 December
Michael Saylor Backs Trump’s Bold Plan for a Strategic Bitcoin Reserve
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 …
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22 December
North Korean Hackers Swipe $1.3 Billion in Crypto, Chainalysis Report Reveals
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 …
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22 December
US Charges Dual Russian-Israeli National in Connection with LockBit Ransomware Group
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 …
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22 December
Google to Mandate UK Crypto Ads Register with Regulator Starting January 2025
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. …
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22 December
Tether Drops $775M into Rumble, Fueling YouTube Alternative with Free Speech Focus
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. …
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22 December
Jump Crypto Pays $123M to Settle SEC Case Over TerraUSD Misrepresentation
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 …
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22 December
Crypto Crash: Over $1B Liquidated Amid Fed’s Hawkish Stance
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, …
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20 December
Meme Coins Take a Hit: Pepe, Bonk, and Floki Face a Crypto Bloodbath
The cryptocurrency market has seen a dramatic sell-off recently, with popular meme coins Pepe, Bonk, and Floki taking a significant hit. The sharp declines in their value have left many wondering if this could signal the end of the meme coin craze. As these coins plummet in value, it raises important questions about the future of speculative tokens in the …
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20 December
Solana DApp Revenue Explodes 15x in 2024 – Driven by Meme Coins and DeFi”
The Solana blockchain has experienced a remarkable surge in decentralized application (DApp) revenue in 2024, posting a 15-fold increase compared to previous years. This explosive growth is largely driven by the rise of meme coins and the burgeoning decentralized finance (DeFi) sector. As the ecosystem matures and more users and developers flock to Solana, the platform is positioning itself as …