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Cryptocurrency

UN Report: Telegram Emerges as a Hub for Crypto Fraud and Money Laundering

October 8, 2024 by Arnold Potts

A recent report from the United Nations has shed light on the alarming trend of criminal networks in Southeast Asia turning to the messaging app Telegram to carry out illicit activities such as trading hacked data and laundering money through unlicensed cryptocurrency …

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Tags Cryptocurrency

Bitcoin’s October Blues: Will a Bullish Rebound Save BTC?

October 7, 2024 by Arnold Potts

Bitcoin (BTC) has had a rocky start to the traditionally bullish month of October, with escalating geopolitical tensions in the Middle East impacting its performance. Despite this challenging beginning, there is optimism among bulls for a potential turnaround later in the month. …

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Tags Bitcoin, Cryptocurrency, ethereum, Solana

UAE Announces VAT Exemption for Cryptocurrency Transfers and Conversions

October 7, 2024 by Arnold Potts

The United Arab Emirates (UAE) has taken a significant step towards becoming a crypto-friendly nation by announcing value-added tax (VAT) exemptions for cryptocurrency transfers and conversions. This move, set to take effect on November 15, is part of the UAE’s ongoing efforts …

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Tags Cryptocurrency

Donald Trump Stands by Silk Road Founder Ross Ulbricht: A Political Move or Genuine Support?

October 5, 2024 by Arnold Potts

Former President Donald Trump has once again reaffirmed his support for the imprisoned Silk Road founder, Ross Ulbricht, who recently began his 12th year in prison. Ulbricht was sentenced to two life sentences plus an additional 40 years without parole for his …

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Tags Bitcoin, Cryptocurrency

Tron (TRX) Network Surges in October 2024: How High Can It Go?

October 5, 2024 by Arnold Potts

Tron (TRX), the cryptocurrency network founded by Justin Sun, has been making waves in the crypto market with its recent comeback. TRX has managed to secure a spot in the top ten cryptocurrencies, surpassing coins like Cardano (ADA) to become the ninth …

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Tags Cryptocurrency

Lamborghini Accelerates into Web3 Gaming with Animoca Partnership

October 4, 2024 by Arnold Potts

Luxury car manufacturer Automobili Lamborghini has made a groundbreaking announcement in the world of blockchain gaming with the launch of their new Web3 platform, “Fast ForWorld.” This platform will allow Lamborghini cars to be used in blockchain games, marking a significant step …

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Tags Cryptocurrency

Fantom Token Surges 70% in 30 Days: What’s Behind FTM’s Rise?

October 4, 2024 by Arnold Potts

Fantom (FTM), the native token of the Fantom layer-1 smart contract platform, has experienced a significant price surge in recent weeks, with a 5% increase in just seven days to reach $0.6850 on Oct. 2. This upward trend is part of a …

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Tags Cryptocurrency

Did Satoshi Nakamoto Conduct a 51% Attack on Bitcoin in 2009?

October 3, 2024 by Arnold Potts

In a recent article published by Coinspeaker, new research suggests that the pseudonymous creator of Bitcoin, Satoshi Nakamoto, may have exploited the network in 2009 by launching a 51% mining attack. This type of attack occurs when an entity or group controls …

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Tags Bitcoin, Cryptocurrency

Australian Federal Police Seize $6.4 Million in Cryptocurrency from Encrypted App Creator

October 3, 2024 by Arnold Potts

In a groundbreaking move against organized crime, the Australian Federal Police (AFP) has successfully seized $6.4 million (AUD 9.3 million) in cryptocurrency from the creator of an encrypted messaging app called “Ghost”. The operation targeted Jay Je Yoon Jung, who is suspected …

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Tags Cryptocurrency

Metaplanet’s Bold Move: $1 Billion Bitcoin Purchase Amid Economic Uncertainty

October 3, 2024 by Arnold Potts

Metaplanet, a Tokyo-listed investment firm, has once again made headlines with its bold move to purchase an additional £1 billion worth of Bitcoin amidst economic uncertainty. This latest acquisition of 107.913 Bitcoin, valued at approximately $7 million, showcases Metaplanet’s commitment to using …

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Tags Bitcoin, Cryptocurrency
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