Tech

23 December

Bitcoin’s Struggles Continue: Market Expert Foresees More Pain After Recent Loss

Bitcoin, the world’s leading cryptocurrency, has recently experienced its biggest drop since August, raising concerns among investors. The price of Bitcoin has taken a sharp downturn, and market experts are warning that further losses could be on the horizon. Here’s what you need to know about the current market dynamics and the outlook for Bitcoin in the coming months. Bitcoin’s …

23 December

The Bitcoin Proxy That’s Dominating 2024: MicroStrategy’s 400% Stock Surge Explained

MicroStrategy, a leading business intelligence firm, has seen an astounding 400% surge in its stock price this year, a remarkable rise that has captured the attention of both investors and analysts alike. But what’s behind this meteoric rise? The answer lies in the company’s strategic embrace of Bitcoin as a key asset on its balance sheet. Here’s what you need …

22 December

Sol Strategies Boosts Validator Network with $6.5M Deal, $400M Staked for 9% APY

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, …

22 December

Interpol Issues Red Notice for Hex Founder Amid Tax Fraud and Assault Scandal

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 …

22 December

Has Ethereum’s Price Crash Ended? Here’s What Comes Next

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 …

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 …

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 …

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 …

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. …

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. …