On March 28, the Enforcement Directorate (ED) arrested a person, Abdul Gafoor, one of the accused in the Morris Coin fraud case that erupted on the India crypto scene in January 2022 and still remains one of the largest such frauds in the country. ED is the economic intelligence wing of the Ministry of Finance,...Read More
Chris Larsen – angel investor and co-founder of Ripple – is funding an environmental campaign to change Bitcoin’s code. Using his funds, a consortium of environmental groups will run ads across major newspapers to convince miners, software developers, and others to drop the network’s ‘proof of work’ consensus mechanism. Explaining Proof of Work To be...Read More
According to a recent poll conducted by StarkWare, 53% of the participants see cryptocurrencies as the “future of finance.” Unsurprisingly, young people (between 25 and 34 years old) are more bullish on the matter, as 68% believe in this concept. Crypto’s Integration Among Americans: The Latest Figures The blockchain-based entity – StarkWare – questioned 2,000...Read More
As of Friday, the 19 millionth Bitcoin was officially mined, leaving only 2 million left to enter circulation. The Bitcoin network regularly produces new coins each time a block of transactions is added to its ledger. Each block is produced through a process called “mining”, whereby users race to solve a mathematical problem for completing...Read More
Terra (LUNA) has hit a new all-time high of $115.23 The LUNA Foundation is determined to keep buying Bitcoin Terra’s founder wants to increase LUNA’s Bitcoin reserves to $10 Billion and to be the single largest holder of Bitcoin after Satoshi LUNA and the purchases of the Foundation could ignite a Bitcoin and crypto-wide bull...Read More
Have you ever wondered how much money did the creators of the famed Dogecoin – arguably the most popular memecoin on the internet and the one that ignited a massive mania – made off their creation? Well, it turns out that it’s not a life-changing fortune, despite the fact that the project was once worth...Read More
Elon Musk has Tweeted a Youtube video that ‘explains everything’ about Dogecoin Elon’s was responding to a Tweet by the Director of Research at Ark Invest, Brett Winton Winton’s tweet featured a conversation in which he was trying to explain Bitcoin to his mum The 2014 Youtube video posted by Elon, summarizes the genesis of...Read More
The California Macintosh and iPhone maker is in the process of ramping up its proprietary financial services technology and increasing Apple’s lending to iPhone users of Apple Pay. This is according to a Bloomberg report from earlier this week. The Cupertino high-tech giant sounds serious about the project, dubbing the effort “Breakout” and seeking to...Read More
Arthur Hayes has predicted that Ethereum could go to $10,000 and Solana to $200 According to Hayes, Ethereum’s rewards in a PoS network makes ETH a bond Stakers on ETH2.0 could see 8 – 11.5% APR Solana has the 2nd highest addresses after Ethereum and the price of SOL will benefit from this Arthur Hayes...Read More
Intel’s new gaming chip is now available on laptops, and it’s being hailed by some in the crypto industry as a major disruptor to the cryptocurrency mining hash race. Here’s a short primer on Moore’s Law from Intel: “In 1965, Gordon Moore made a prediction that would set the pace for our modern digital revolution....Read More
After breaking out of the symmetrical triangle, the price of Ethereum signals a bullish future. ETH must overcome several obstacles before reaching major levels, despite its optimism. ETH Price Analysis Between the 24th of January and the 27th of March, the price of Ethereum formed a symmetrical triangular pattern. Three lower highs and four higher...Read More
Solana coin has maintained its upward trend since its low point of $77.6 in March, reclaiming over 65 percent of its value until yesterday’s high. Bears have failed several times to lower the coin price below the $80-mark, which has become the token’s critical support level. SOL’s price action draws an ascending parallel channel in...Read More
The newly appointed global head of digital assets for Goldman Sachs’ private wealth management division, Mary Catherine Rich, announced that the bank will soon offer investments in Bitcoin (BTC) and other cryptocurrencies to clients within its private wealth management group. In an exclusive interview for CNBC, Mary Rich said that Goldman Sachs was working hard...Read More
