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Cryptocurrency

Record $2B Inflows for Crypto Investment Products in May, Ethereum Sees Turnaround

June 4, 2024 by Arnold Potts

Crypto Investment Products Record $2B Inflows in May, Ethereum Sees Turnaround In a recent report by CoinShares, it has been revealed that crypto investment products experienced a significant influx of $185 million in the last week, marking the fourth consecutive week of …

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Tags Bitcoin, Cryptocurrency, ethereum, Solana

Bitcoin Hits Yearly High of $25 Billion in Transaction Volume in 2024

June 4, 2024 by Arnold Potts

Bitcoin has once again proven its dominance in the cryptocurrency market in 2024, as it reached a new yearly high in transaction volume, hitting $25 billion, according to data from Blockchain.com. This milestone showcases the continued relevance and importance of the leading …

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Tags Bitcoin, Cryptocurrency

Shiba Inu Team Warns Users of Growing Fraudulent Activities on Platform: Exercise Extreme Caution

June 3, 2024 by Arnold Potts

The Shiba Inu team has issued a warning to its users regarding the increasing fraudulent activities on its platform, Shibarium. The team, led by key member DaVinci, has urged users to exercise extreme caution in their dealings on the platform due to …

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Tags Cryptocurrency

Lawyers Rake in Over $820M in High-Profile Crypto Bankruptcy Cases

June 3, 2024 by Arnold Potts

Lawyers in the cryptocurrency industry have raked in over $820 million in fees from high-profile bankruptcy cases during the 2022 crypto winter. The financial struggles of major companies like FTX Trading Ltd, Genesis Global Capital, BlockFi, Celsius, and Voyager Digital have provided …

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Tags Cryptocurrency

Former Deutsche Bank Executive Sentenced to Prison for Crypto Fraud Scheme

June 1, 2024 by Arnold Potts

Former investment banker Rashawn Russell has been sentenced to 41 months in prison for his involvement in a cryptocurrency scheme and access device fraud. The sentencing took place in Eastern New York District Court in Brooklyn on May 31. Russell, a former …

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Tags Cryptocurrency

Telegram Wallet Enhances Security with New KYC Provider Switch

June 1, 2024 by Arnold Potts

Telegram, the popular messaging app, has announced significant changes to its third-party crypto wallet bot, Wallet, in a bid to enhance user security and compliance. The updates include the introduction of stricter Know Your Customer (KYC) rules and a transition to a …

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Tags Cryptocurrency

President Biden May Veto Pro-Crypto Legislation Despite Lawmakers’ Praise

May 25, 2024 by Arnold Potts

President Joe Biden is facing a decision on whether to veto a piece of legislation that has been praised by industry advocates in the crypto space. The House of Representatives recently passed a joint resolution, H.J.Res.109, calling for the Securities and Exchange …

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Tags Cryptocurrency

Stepn Game Goes Social with New App and Token on Solana Blockchain

May 25, 2024 by Arnold Potts

Stepn, a popular move-to-earn game built on the Solana blockchain, is expanding its reach by venturing into the realm of social networking with the launch of a new application and a new token. The game’s development studio, FSL, revealed on May 23 …

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Tags Cryptocurrency, Gaming, Solana

Is Solana on Track to Reach $200 Before the End of May 2024?

May 24, 2024 by Arnold Potts

Solana (SOL), a rapidly growing platform in the cryptocurrency space, has been making headlines recently as discussions about the possibility of a Solana exchange-traded fund (ETF) in the U.S. have gained traction. Brian Kelly, a well-known figure from CNBC’s ‘Fast Money,’ sparked …

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Tags Cryptocurrency, Solana

The Resurfacing of an Ancient Dogecoin Whale Sparks Market Speculation

May 24, 2024 by Arnold Potts

The Dogecoin market has recently experienced a surge in activity as an ancient whale has resurfaced after over a decade of dormancy, causing a stir in the cryptocurrency world. This long-dormant whale, holding 893,303 DOGE worth approximately $145,101, has initiated transactions for …

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Tags Cryptocurrency
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