WIF reaches new ATH as memecoins gain bullish momentum

Meme coins have gained bullish momentum again as investors shift focus to altcoins. One of the latest additions to the category, dogwifhat (WIF), leads the top gainers’ list with double-digit gains.

WIF reaches new ATH as memecoins gain bullish momentum

WIF is up by 43% in the past 24 hours and is trading at $3.23 — marking a new all-time high — at the time of writing. The meme coin’s market capitalization is currently hoverin...

6 months ago

Federal Judge Allows SEC Lawsuit Against Gemini and Genesis to Proceed

SEC’s Lawsuit is Plausible

Federal Judge Allows SEC Lawsuit Against Gemini and Genesis to Proceed

A federal judge has ruled that the US Securities and Exchange Commission’s lawsuit against crypto firms Gemini and Genesis will proceed in court.  The judge’...

6 months ago

US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam

$2.3 Million “Pig Butchering” Romance Scheme

US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam

The U.S. Department of Justice has initiated a legal move to seize $2.3 million in cryptocurrency, funds that are traceable back to an elaborate “pig butchering” scam. ...

6 months ago

El Salvador gained $84M from Bitcoin holdings

EL SALVADOR BENEFITS FROM BITCOIN'S RISE!

El Salvador gained $84M from Bitcoin holdings

El Salvador’s Bitcoin (BTC) holdings have yielded an unrealized profit of $84 million, with the treasury’s value increasing by 69% to over $206 million due to Bitcoin’s 250% ap...

6 months ago

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022

Core Scientific Reports $141M in Net Revenue in Q4

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022

Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.  According to Cor...

6 months ago

Maker’s ‘Endgame’ readies launch, aims for 100B DAI to take on Tether

The DeFi lending pioneer is poised to launch Phase 1 of its “Endgame” plan, which begins with rebranding, new tokens and scaling its Dai stablecoin.

Maker’s ‘Endgame’ readies launch, aims for 100B DAI to take on Tether

Decentralized finance protocol MakerDAO is preparing for the launch of its highly anticipated “Endgame” transformation that will focus the platform “toward scalable resilience ...

6 months ago

Binance bolsters web3 trust through law enforcement workshop in Taiwan

In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan.

Binance bolsters web3 trust through law enforcement workshop in Taiwan

The event, announced on March 13, reflects Binance’s ongoing efforts to enhance safety within the web3 ecosystem and establish a more secure environment for users. The ...

6 months ago

Solana-Based NFT Marketplace Tensor to Launch TNSR Governance Token

Solana’s Booming NFT Sales

Solana-Based NFT Marketplace Tensor to Launch TNSR Governance Token

Tensor, an NFT marketplace on Solana launched in 2022, is planning to launch its governance token dubbed TNSR. The announcement from Tensor comes at a time when its protocols have trad...

6 months ago

Binance Executives Stripped of Passports, Held in Confinement by Nigerian Authorities for Two Weeks

Two senior executives from cryptocurrency exchange Binance have been detained against their will by Nigerian authorities for the past two weeks.

Binance Executives Stripped of Passports, Held in Confinement by Nigerian Authorities for Two Weeks

Tigran Gambaryan, who leads Binance’s criminal investigations team, and Nadeem Anjarwalla, Binance’s regional manager for Africa based in Kenya, have been stripped of their passports...

6 months ago

Biden resurrects 30% crypto mining tax in new budget proposal

U.S. Senator Cynthia Lummis said that while this shows that the government is bullish on crypto, a 30% tax would destroy the industry’s foothold in the country.

Biden resurrects 30% crypto mining tax in new budget proposal

United States President Joe Biden has revived the idea of a 30% tax on electricity used by crypto miners in his budget proposal for 2025.  In a U.S. Department of the Treasury doc...

6 months ago

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