Russia, a member of the BRICS alliance, announced the development of a new blockchain-based payment system to revolutionize trade settlements. The system is set to become an independent mechanism for conducting transactions among BRICS member nations. Blockchain-Based Payment System Plans The BRICS alliance, consisting of Brazil, Russia, India, China, and South Africa, plans to collaborate...Read More
The Stanford Blyth Fund, a student-run investment entity at the university, purchased Bitcoin (BTC) at $45,000 in February after a scholar pitched the asset during a meeting. According to a tweet by Kole Lee, a computer science major and leader at the Stanford Blockchain Club, the Blyth Fund has allocated approximately 7% of its portfolio...Read More
The crypto market is booming right now and Bitcoin has soared to unprecedented heights, breaking through its previous all-time high barrier. Ethereum, not to be outdone, is on the cusp of shattering the $4,000 mark, poised for another monumental milestone. Amidst this euphoria, Furrever Token emerges as a captivating contender, offering investors an enticing opportunity...Read More
The Federal Bureau of Investigation (FBI) has revealed that losses incurred from cryptocurrency investment fraud incidents increased from $2.57 billion in 2022 to $3.94 billion in 2023, representing a 53% increase year-over-year. According to the FBI’s Internet Crime Report 2023, criminals found more ways to scam victims, enticing their targets with promises of lucrative returns...Read More
The stablecoin initiative USDe by Ethena Labs has seen notable adoption, with its market cap surging by over 40% in the last week and by 400% in the last month, reaching $840 million. Following the setback of the Terra ecosystem’s downfall, concerns have been raised within the community about the launch of USDe. However, Arthur...Read More
This bull run is cyclical in nature, and these seven signals suggest it is just getting started. Just three weeks ago, on Feb. 12, Bitcoin’s price crossed the $50,000 threshold. Fundstrat Global Advisors Head of Digital Strategy Sean Farrell said, “This rally in the near term certainly has some room to run.” He was right! The...Read More
Fidelity Digital Assets have stated in a recent report that while Bitcoin (BTC) holders typically anticipate the quadrennial reward halving to boost prices, miners must actively strategize to plan for the upcoming event to prevent going bankrupt. Notably, the halving event, expected on or around April 19, will reduce their earned Bitcoin by 50%. Bitcoin...Read More
Moreover, it’s getting some new digs on Stock Twits, and another crypto exchange has added FLOKI to its trading pairs. FLOKI coin gained more in price on cryptocurrency exchanges last week than Pepe Coin, Dogecoin, Shiba Inu, Bonk Inu, or Wif. Furthermore, the Ethereum and Binance Smart Chain meme coin entered the top 60 biggest...Read More
On March 8, on-chain analytics provider Santiment reported that despite the incredible milestone for Bitcoin, “there is a combined sense of exhaustion and altcoin distraction coming from the trading community right now.” BTC prices briefly topped $70,000 on Coinbase on Friday marking a new all-time high for the digital asset. However, it sharply retreated from this...Read More
The introduction of spot Bitcoin ETFs has attracted a fresh influx of investors, driving a notable increase in trading volume. This trend has generated a wave of optimism that extends beyond Bitcoin itself. But this hasn’t made the launch of a spot Ethereum ETF any earlier as the US Securities and Exchange Commission (SEC) is...Read More
A U.S. court has ruled that Konstantin Ignatov, the brother of Cryptoqueen Ruja Ignatova, who perpetrated the $4 billion OneCoin cryptocurrency fraud, will spend no more time behind bars for his role in the scam. According to a Bloomberg report, U.S. District Judge Edgardo Ramos released Ignatov from prison on March 5 after he pleaded...Read More
