Crypto Turns Out To Be Nothing But A Massive Pump And Dump Scheme Fueled By Widespread Manipulation

BEIJING POLICE EXPOSE MASSIVE CRYPTO-FUELED SCHEME

Crypto Turns Out To Be Nothing But A Massive Pump And Dump Scheme Fueled By Widespread Manipulation

We have finally reached the long-predicted "Crypto Winter" where a number of major crypto companies such as Celsius NetworkCEL 0.0%, Voyager Digital and Zipmex...

5 months ago

Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions

Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions

Costa Rica has been one of few jurisdictions worldwide where cryptocurrency is commonly accepted asset. However, there are still legal obstacles concerning the ownership and trading of Bitc...

5 months ago

Crypto VC sees a ‘new class’ of profitable memecoins this cycle

A new class of memecoins that capitalize on politics, religion and successful consumer brands could end up going more “viral” than animal tokens like Dogecoin, says Andrew Kang.

Crypto VC sees a ‘new class’ of profitable memecoins this cycle

Memecoins that can capitalize on deeper “culture” this cycle could be far more profitable than standard meme tokens based on animals and simple jokes, according to Mechanism Capital ...

5 months ago

ParaSwap DAO allocates funds for hack victims’ compensation

The ParaSwap AugustusV6 contract, which momentarily went live on March 18, contained a critical vulnerability that allowed hackers to drain funds from users who approved the upgrade.

ParaSwap DAO allocates funds for hack victims’ compensation

The community behind the decentralized finance (DeFi) aggregator ParaSwap has agreed to compensate hack victims using funds from the treasury.  On April 4, the ParaSwap ...

5 months ago

Paraguay’s proposed Bitcoin mining ban could cost it $200M a year

Bitcoin mining has provided a “positive contribution to Paraguay’s trade balance,” and a ban could dent the economy, argues Hashlabs Mining’s co-founder.

Paraguay’s proposed Bitcoin mining ban could cost it $200M a year

The Paraguayan economy could lose more than $200 million annually if the country’s lawmakers pass a recently introduced bill to ban crypto mining in the country. Lawmakers introd...

5 months ago

PayPal opens PYUSD stablecoin to USD conversions for cross-border transfers

The cross-border payments will be handled via PayPal’s Xoom subsidiary.

PayPal opens PYUSD stablecoin to USD conversions for cross-border transfers

PayPal will allow all United States users outside the state of Hawaii to fund money transfers to family and friends abroad using U.S. dollars converted from its native stablecoin PayPal USD (PYU...

5 months ago

US gov’t commits $3.6M to address cybersecurity skill shortage

NIST allocated nearly $3.6 million in cooperative agreements to enhance the cybersecurity workforce aiming to combat the growing threat of cyberattacks.

US gov’t commits $3.6M to address cybersecurity skill shortage

The United States National Institute of Standards and Technology (NIST) said it awarded cooperative agreements of almost $3.6 million, aiming to build a workforce to help guard businesses agains...

5 months ago

Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer'

The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.

Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer'

The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout. Ethena's USDe is supposed to ma...

5 months ago

Bhutan to increase Bitcoin mining operations sixfold ahead of halving

Bhutan and Bitdeer are set to expand Bitcoin mining capacity amid halving concerns, aiming to expand the nation’s mining capacity by 500 megawatts by 2025.

Bhutan to increase Bitcoin mining operations sixfold ahead of halving

Bhutan‘s investment arm, Druk Holding & Investments (DHI), is gearing up to boost its mining production in collaboration with Nasdaq-listed mining conglomerate Bitdeer&n...

5 months ago

Philippines SEC Says eToro Unauthorized to Sell Securities

Fines and Imprisonment for eToro Reps

Philippines SEC Says eToro Unauthorized to Sell Securities

The Securities and Exchange Commission (SEC) in the Philippines said the retail trading platform eToro is unauthorized to sell or offer securities to the public in the Philippines. In ...

5 months ago

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