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Cryptocurrency

Velvet Capital DeFi Protocol Forced to Temporarily Shut Down Website Due to Phishing Attempt

April 23, 2024 by Arnold Potts

Decentralized finance (DeFi) asset management protocol Velvet Capital recently faced a major phishing attempt, leading to the temporary deactivation of its website. The incident was brought to light when members of the crypto community reported unusual activity on Velvet Capital’s trading platform …

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Which Meme Coin – Shiba Inu or Dogecoin – is Primed for a 10X Gain?

April 23, 2024 by Arnold Potts

Meme coins, such as Shiba Inu and Dogecoin, have become prominent players in the cryptocurrency market, attracting investors looking for significant gains amidst heightened volatility following the recent Bitcoin Halving. With both Shiba Inu (SHIB) and Dogecoin (DOGE) being popular choices, the …

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Massive $60 Million Tether Issuance on TON Blockchain Just Three Days After Launch

April 22, 2024 by Arnold Potts

Coinspeaker reported that within just three days of launching its USDT stablecoin on the TON blockchain network, over $60 million worth of USDT has already been issued. This significant issuance has made TON the 11th largest blockchain for Tether, showcasing the rapid …

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Swiss Bitcoiners Push for National Bank to Hold BTC in Reserves Through Referendum

April 22, 2024 by Arnold Potts

Swiss Bitcoin advocates are once again pushing for the Swiss National Bank to include Bitcoin in its reserves, this time through a referendum to amend the country’s constitution. The group behind this initiative, 2B4CH, believes that adding Bitcoin to the central bank’s …

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President Biden Signs Controversial Bill Expanding Surveillance Powers in the U.S.

April 22, 2024 by Arnold Potts

United States President Joe Biden has recently approved a controversial bill that has sparked concerns among critics about the potential impact on the privacy of American citizens. The bill in question expands the surveillance powers granted to U.S. government agencies, raising fears …

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BRICS Alliance Developing Unified Financial System for Dollar-less Trade in 2024

April 21, 2024 by Arnold Potts

The BRICS economic alliance is making significant strides towards developing a unified financial system in 2024 for dollar-less trade within the bloc. This ambitious plan was discussed by Russia’s Deputy Foreign Minister Sergey Ryabkov as a crucial part of the country’s 2024 …

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BRICS Member India Accused of Dumping US Dollars to Support Falling Rupee

April 21, 2024 by Arnold Potts

BRICS member India has once again come under scrutiny for allegedly dumping US dollars in order to prevent the rupee from falling. This marks the third time in a year that India has been accused of such actions, with the US dollar …

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Grayscale Introduces Bitcoin Mini Trust ETF with 0.15% Fees

April 21, 2024 by Arnold Potts

Grayscale, a prominent Bitcoin ETF provider, has recently announced the launch of a new product called the Bitcoin Mini Trust. This new offering comes with a significantly lower fee of 0.15%, making it more competitive compared to the existing GBTC product. Grayscale …

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Top 3 Coins to Explore Over XRP for Bullish Returns in the Cryptocurrency Market

April 20, 2024 by Arnold Potts

The cryptocurrency market is constantly evolving, with new coins emerging and proving their worth. However, despite the influx of new coins, the reliability of old crypto gems still holds strong. One such example is XRP, which has seen a decline in community …

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Ripple CEO Admits Underestimating Crypto Market Potential at $5 Trillion

April 20, 2024 by Arnold Potts

Ripple (XRP) CEO Brad Garlinghouse has admitted to underestimating the potential of the cryptocurrency market, particularly in relation to its $5 trillion ceiling. In a recent interview with Fox Business, Garlinghouse acknowledged that his previous forecast was too conservative for the rapidly …

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