Tech

23 January

Bitcoin’s Bull Run: $122K Target in Sight as Institutional Support Grows

Bitcoin Price Set to Hit $122K: Strong Institutional Backing Fuels Bullish Outlook Markus Thielen Predicts $122K Bitcoin as Institutional Interest Skyrockets Bitcoin’s Path to $122K: Key Predictions and Market Momentum Explained Bitcoin Could Hit $122,000 by February, Says Analyst Markus Thielen Bitcoin is on track to reach $122,000 by February, according to Markus Thielen from 10x Research. Since the approval …

23 January

Caroline Pham’s CFTC Overhaul Signals New Chapter for Crypto Oversight

CFTC’s New Era: Caroline Pham Reshapes Leadership Amid Crypto Push Crypto Oversight Gets a Shake-Up as CFTC Chair Caroline Pham Revamps Leadership Out With the Old: Caroline Pham Overhauls CFTC Leadership, Eyes Crypto Regulation Caroline Pham, the new Republican chair of the U.S. Commodity Futures Trading Commission (CFTC), has announced sweeping leadership changes following her appointment under the new administration. …

23 January

Crypto Crime in Moscow: Bank Employee Pilfers $1.8M, Converts to Digital Cash

In a daring and sophisticated scheme, a Moscow bank employee has been arrested after allegedly stealing $1.8 million from a client’s safety deposit box and converting the stolen funds into cryptocurrency. This crime highlights the growing concerns over the intersection of traditional banking and digital currencies, as well as the increasing risks of crypto being used in illicit activities. The …

23 January

Tornado Cash Sanctions Unraveled: Texas Court’s Groundbreaking Decision

In a surprising and pivotal ruling, a Texas court has overturned the U.S. Treasury Department’s sanctions on Tornado Cash, the privacy-focused cryptocurrency mixing service. This decision marks a significant shift in the ongoing battle between privacy advocates and regulatory bodies, especially as the crypto space continues to grow in influence. Background: Tornado Cash, a decentralized mixing service that helps users …

23 January

Trump Meme Coin Craze: Whales Hold the Power, Chainalysis Finds

A recent report by blockchain analytics firm Chainalysis has revealed that the meme coins inspired by former U.S. President Donald Trump and the First Lady are overwhelmingly controlled by crypto whales. The study found that a small number of large holders dominate the trading volume and ownership of these tokens, raising concerns about market manipulation and liquidity. The Rise of …

23 January

Blackout Backlash: Upbit & Bithumb Settle with $2.4M Compensation

Leading South Korean cryptocurrency exchanges Upbit and Bithumb have agreed to compensate customers with a combined payout of $2.4 million following a major service disruption known as the ‘Martial Law Blackout.’ This compensation aims to address the financial losses incurred by users during the unexpected outage. The Blackout Incident The service disruption, which occurred during a period of heightened market …

23 January

SOL Gets the Green Light: Coinbase CEO Confirms Fix & Enhanced Support

Coinbase CEO Brian Armstrong has announced that the Solana (SOL) network backlog has been successfully resolved, paving the way for enhanced support on the platform. The cryptocurrency exchange giant is now planning to introduce Tier-1 support for SOL, signaling increased confidence in the blockchain’s performance and reliability. Solana’s Backlog Issue Resolved Solana, known for its high-speed transactions and low fees, …

23 January

Big Moves: Crypto.com Introduces US Institutional Trading to Elevate Retail Experience

Crypto.com, a leading cryptocurrency exchange and financial services platform, has announced the launch of its US-based institutional trading platform. This strategic move aims to bridge the gap between institutional and retail investors, offering enhanced liquidity, security, and efficiency for all users. Expanding Horizons in the US Market With the launch of its institutional trading platform, Crypto.com is signaling a significant …

23 January

North Dakota Moves to Curb Crypto Fraud: Bill Limits ATM Transactions

In a bid to combat rising concerns over cryptocurrency-related fraud, North Dakota lawmakers have introduced a new bill aimed at limiting transactions conducted via crypto ATMs. This proposed legislation seeks to tighten regulations around digital currency access and prevent the growing number of scams and fraudulent activities that have plagued users of these machines. If passed, the bill will introduce …

23 January

Ross Ulbricht Released: Trump Grants Unconditional Pardon for Silk Road Founder

In a surprising and controversial move, former President Donald Trump has granted an unconditional pardon to Ross Ulbricht, the founder of the infamous Silk Road dark web marketplace. Ulbricht, who was convicted in 2015 for his role in creating the online platform that facilitated illegal transactions, has now been freed after serving several years of a double life sentence. This …