In the bustling Dutch city of Hertogenbosch, a legal saga of significant consequence is set to unfold on March 26th. Alexey Pertsev, a prominent figure in the cryptocurrency world and the developer behind Tornado Cash, finds himself thrust into the spotlight, facing allegations of money laundering totaling over $1.2 billion. Pertsev’s arrest in August 2022 … Read more
In the dynamic realm of Web3, where decentralized applications (dApps) flourish on various blockchains, the notion of Universal Accounts has emerged as a beacon of hope for users seeking streamlined interactions without the burden of managing multiple wallets and credentials. Championing this revolutionary concept is Particle Network, spearheading a groundbreaking L1 solution poised to tackle … Read more
In a pivotal turn of events, bankrupt cryptocurrency lender BlockFi has struck an “in principle” agreement with the estates of FTX and Alameda Research, potentially securing a whopping $874 million pending judicial approval. This landmark settlement could spell relief for BlockFi’s beleaguered customers, offering hope of financial recovery following the tumultuous fallout from the 2022 … Read more
The cryptocurrency market is witnessing a dynamic shift, with Solana (SOL) leading the charge. Despite recent network congestion issues attributed to a surge in Decentralized Exchange (DEX) trading volume, Solana’s price has shown remarkable resilience, rebounding to $140. This resurgence, fueled by increased on-chain transactions and growing trader interest, underscores escalating confidence within the Solana … Read more
In a bold move, VanEck has announced the removal of all spot Bitcoin exchange-traded fund (ETF) trading fees until March 31, 2025. This decision aims to bolster investment in VanEck’s Bitcoin Trust (HODL) amid stiff competition and a slower-than-expected uptake compared to its rivals. Fee Waiver Announcement VanEck revealed its fee waiver through its official … Read more
In a groundbreaking move, MetaMask, the popular cryptocurrency wallet, is currently in the testing phase of the first entirely on-chain payment card, running on the Mastercard payment network. This innovative card, issued by Baanx, promises to revolutionize everyday transactions by enabling users to spend cryptocurrency wherever cards are accepted. A Convergence of Giants: MetaMask and … Read more
As the crypto community eagerly awaits the potential approval of Ethereum (ETH) spot exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), recent developments suggest growing uncertainty surrounding the outcome. Eleanor Terrett, a respected crypto journalist, sheds light on the shifting sentiments regarding the SEC’s stance and its implications for the market. Terrett’s … Read more
In a bold move highlighting its confidence in the future of cryptocurrency, MicroStrategy has once again increased its Bitcoin holdings, acquiring an additional 12,000 tokens for a staggering $821 million. With this latest purchase, the technology company’s total balance of Bitcoin now stands at an impressive 205,000 BTC. The announcement, made by MicroStrategy’s founder and … Read more
In the midst of the cryptocurrency market’s recent excitement over XRP’s remarkable 20% spike, Ripple CEO Brad Garlinghouse has underscored the importance of real-world utility in the crypto landscape. Despite XRP’s surge above $0.74, Garlinghouse’s remarks serve as a reminder of the significance of tangible applications amidst market euphoria. XRP, which has been trading below … Read more
In the wake of a meteoric rise in the value of Shiba Inu tokens, the cryptocurrency has seen a significant increase in burns, with over 387 million tokens eradicated from circulation in just 24 hours. This surge in token burns, fueled by a flurry of transactions, underscores the growing momentum behind Shiba Inu’s deflationary mechanisms … Read more