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Cryptocurrency

Hamster Kombat: The Fastest-Growing Crypto Game with 239 Million Users in 3 Months

July 7, 2024 by Arnold Potts

Hamster Kombat, a new play-to-earn game on Telegram, has quickly become the fastest-growing crypto game in just three months, amassing an impressive 239 million users. The game, which was officially launched on Telegram in March 2024, has taken the internet by storm, …

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Tags Cryptocurrency

EU Implements Crypto Travel Rule Guidelines, Requires Compliance Within 6 Months

July 6, 2024 by Arnold Potts

The European Union (EU) is intensifying its efforts to combat money laundering and terrorist financing by implementing new Travel Rule guidelines for crypto-asset service providers (CASPs). The guidelines, announced by the European Banking Authority (EBA), will become mandatory for all crypto exchanges …

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Tags Cryptocurrency

Why is Bitcoin price down today? The impact of German government transfers and Mt. Gox repayments

July 6, 2024 by Arnold Potts

Bitcoin (BTC) experienced a significant drop of 5.75% on July 4, falling to around $56,950, its lowest level in two months. This decline has pushed its week-to-date returns to -10.75%, causing concern among investors and analysts in the cryptocurrency market. The reasons …

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Tags Bitcoin, Cryptocurrency

Russian MMA Fighter Khamzat Chimaev Under Fire for Alleged Token Scam

July 5, 2024 by Arnold Potts

Russian MMA fighter Khamzat Chimaev is facing allegations of involvement in a scam as the token he is affiliated with has plummeted by 94%. The controversy surrounding Chimaev arose after blockchain sleuth ZachXBT discovered that a significant portion of the supply of …

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Tags Cryptocurrency, Memecoins

New Zealand Cracks Down on Untaxed Crypto Income: Over 200,000 Investors Targeted

July 5, 2024 by Arnold Potts

New Zealand’s tax authorities have recently made a significant announcement regarding the taxation of cryptocurrency income. According to reports, over 200,000 citizens in the country have failed to declare their earnings from digital assets in their tax returns. The Inland Revenue Department …

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Tags Bitcoin, Cryptocurrency

Akash Network Leads AI Tokens with 12% Surge

June 29, 2024 by Arnold Potts

Akash Network, a leading AI token, experienced a surge of 12% on Thursday, outperforming many other cryptocurrencies in the market. The cryptocurrency, ranked second behind Book of Meme (BOME) as the top gainer, traded to highs of $3.45, showcasing its strength in …

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Tags AI, Cryptocurrency

Altcoins Facing Fluctuations: 3 Cryptos to Sell in the Current Market

June 27, 2024 by Arnold Potts

Altcoins are currently experiencing a period of sideways movement after attempting a rebound yesterday. The cryptocurrency market is showing signs of bulls repositioning during mid-week trading, with slight gains being recorded at press time. However, sentiment remains low following several days of …

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Tags Cryptocurrency

Beware: Law Firm Impersonators Targeting Crypto Scam Victims, FBI Warns

June 27, 2024 by Arnold Potts

Law firm impersonators are targeting victims of cryptocurrency scams, with the FBI issuing a public warning about the fraudulent scheme. According to the Federal Bureau of Investigation (FBI), scammers are posing as lawyers and reaching out to individuals who have fallen victim …

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Tags Cryptocurrency

US and German Governments Execute Bitcoin Transactions: Impact on Bitcoin Price

June 27, 2024 by Arnold Potts

The Bitcoin price has been on a rollercoaster ride recently, experiencing significant turbulence as the US and German governments executed transactions involving seized Bitcoin (BTC) holdings. This has led to another BTC retracement, causing concern among investors and analysts. According to market …

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Tags Bitcoin, Cryptocurrency

What Needs to Happen for Bitcoin to Recover: Insights from a Crypto Expert

June 24, 2024 by Arnold Potts

Crypto analyst Willy Woo has shed light on what needs to happen for Bitcoin to bounce back and continue its bull run after a prolonged decline. The flagship cryptocurrency has been struggling to regain momentum ever since reaching its all-time high of …

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Tags Bitcoin, Cryptocurrency
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