The US government is one of the largest holders of BTC
According to a recent study by 21.co, the US government holds more than 194,000 BTC, valued at over $5 billion, making it one of the largest Bitcoin owners.
Terrorist groups are actively using stablecoins
According to Israeli intelligence agencies, stablecoins such as USDT, USDC, and USDD on the Tron network have emerged as the important conduit for channeling funds to terrorist organizations like Hamas, ISIS, and Hezbollah.
Charles Hoskinson Debunks the XRP Conspiracy Theory
Cardano’s founder, Charles Hoskinson, has criticized the Ripple community for insinuating that Ethereum might have been involved in the SEC’s case against XRP.
Tron Network USDT Receipts: A Growing Concern for Safety
In the last two years, over half of the USDT addresses on the Tron network connected with OTC trading or businesses have shown medium to high vulnerability concerns.
Study Shows Day Trading Resembles Gambling
An old study examining the performance of 18,000 regular gamblers in casino games found that only 13% were profitable over a two-year period. The results were even starker for day traders, where less than 1% consistently generated a positive return over the same period.
Nigeria Sets Stage for AI-Driven Economic Growth
The Nigerian Minister of Communications, Innovation and Digital Economy, Bosun Tijani, announced a grant of 5 million naira ($6,444) each for 45 AI-focused startups and researchers.
Crypto Whales Continue to Amass Bitcoin
In the past 24 hours, we’ve witnessed a surge in large crypto wallets holding 100 to 1,000 BTC, with 16 new wallets joining this league.
Cardano Team’s New Direction Clashes with Community Views
Cardano Foundation’s recent tweaks in its delegation strategy, targeting improved operation and quality, have been rolled out.
ProShares Set to Introduce Short Ether Strategy ETF
ProShares’ new initiative is centered on its Short Ether Strategy ETF, an instrument shaped to profit from ETH’s downward price movements. This initiative may draw investors interested in volatile market actions or in search of hedging opportunities. With its registration expected to be in place by October 15th, the ETF’s debut is planned for the onset of November.
SEC Silent on Grayscale ETF Verdict: No Appeal in Sight!
The Grayscale Bitcoin Spot ETF decision isn’t on the SEC’s appeal agenda.
Is Loom Network Heading for a Dump?
The price of LOOM has skyrocketed by 542% in just a month. However, there’s a rising trend of massive token transfers to exchanges, prominently by big players and the developer team.
CertiK Slashes Workforce by 15%
Facing the challenges of a dynamic market, CertiK, a prominent figure in blockchain auditing, has parted ways with 15% of its staff.
HAMAS openly uses cryptocurrency for war against Israel
According to TRM Labs, a group called GazaNow, which actively supports HAMAS, collects donations in cryptocurrency from all over the world.
XRP Replaces USDC: Hong Kong Crypto Indexes Undergo New Changes
The Hong Kong Virtual Asset Consortium (HKVAC) has announced a decision to replace the stablecoin USDC and introduce Ripple into two of its crypto indexes, which are based on the top 5 cryptocurrencies.
G20 Adopts Roadmap for Regulating Cryptocurrencies
Today, the G20 countries unanimously approved a roadmap for regulating cryptocurrencies. This roadmap was proposed in a joint report by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) last month.
Coinbase Challenges IRS Tax Proposals
Coinbase has voiced major reservations about the tax guidelines put forth by the US Internal Revenue Service (IRS).
Dramatic Decline in Ethereum Validator Aspirations
Since the Shapella upgrade, Ethereum’s queue of potential validators has dwindled to near emptiness.
CFTC Targets Voyager’s Co-founder Over Alleged Fraud
Former Voyager Digital CEO Steve Ehrlich is facing legal action from the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC) for alleged fraudulent activities and customer deception.
AI Content Gets a New Identifier Courtesy of Adobe
With its latest release, Adobe provides a means to distinguish AI-created content through a bespoke symbol.
Decline in Coinbase Trading Volumes Persists
Coinbase has registered a trading volume of $76 billion in Q3 2023, showing a marked decrease from the $159 billion in the preceding year.
Japanese Digital Currency for Green Initiatives
Several Japanese companies are gearing up to introduce DCJPY, a digital currency pegged to the Japanese yen, aimed at facilitating transactions involving clean energy certificates.
Cryptocurrency lending in China now stands officially unprotected
A Chinese court has ruled that lending in cryptocurrency falls outside the purview of the state’s legal safeguards, and defrauded users are not entitled to seek compensation through the judicial system.
FTX and Thai Prostitutes: Scheme from the Bankrupt Exchange
During her court deposition, Caroline Ellison revealed the extraordinary lengths her company went to in an attempt to recover $1 billion frozen on Chinese exchanges.
Trezor Unveils a New Crypto Wallet and Key Storage Solution
In celebration of its 10th anniversary, hardware crypto wallet pioneer Trezor has released a range of new products. The lineup includes the Trezor Safe 3 wallet, designed to support over 7,000 cryptocurrencies.
Is the Scroll Mainnet Already Live?
Network data suggests that the zkEVM-based blockchain, Scroll, has quietly launched on the mainnet. The project team hasn’t dropped the official news yet, but they’ve left a subtle hint.
Opinion
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
Investigation
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.