While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far from universally positive. Amid this growing institutional adoption, the Bank of Italy has taken a notably critical stance. In its Economic and Financial Occasional Paper,...Read More
Thailand is considering a potential Bitcoin pilot project, proposed by former premier Thaksin Shinawatra, to be tested in Phuket as a tourism-focused sandbox. The proposal has received support from the Binance Thailand CEO, who sees it as a positive step for the country’s competitiveness and ability to attract tech-savvy visitors. However, despite efforts from industry...Read More
The synergies between AI and crypto are very promising. In fact, the incoming Trump administration is combining the two sectors into one advisory office. President-elect is calling it the White House Crypto and AI Czar. Trump’s appointee for the office, former PayPal COO David Sacks, has close ties to payments and crypto. AI Could Transform...Read More
The cryptocurrency market has been on a rollercoaster, especially in the last couple of months, with Bitcoin rallying 128% year-on-year as of Christmas Day. However, despite the bullish trends, the impressive performance hasn’t translated into gains for publicly listed Bitcoin mining companies, with many of their stocks showing significant declines. Mining Stocks Falter Despite Market...Read More
As 2024 comes to an end, so does the timeline for several price predictions for bitcoin (BTC) from big names and companies in the crypto industry. While new reports are emerging with price forecasts and expectations for 2025, examining how well previous predictions performed is essential. Several experts and market analysts expected BTC to rally...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, December 25th, 2024] NRG, launched by Renewables.Network, is proud to announce the world’s first Decentralized Physical Energy Network (DePEN)—a platform that merges blockchain technology with real-world energy assets (RWAs) to revolutionize electricity infrastructure globally. Designed as a protocol for electricity, NRG aims to create a unified interface for...Read More
The Constitutional Court of Montenegro has dismissed an appeal filed by Do Kwon, the South Korean crypto mogul and co-founder of Terraform Labs, who is at the center of the catastrophic collapse of the TerraUSD (UST) stablecoin and its token, Luna. Kwon’s appeal, which challenged his extradition ruling, was unanimously rejected by the court. Dwindling...Read More
Blockchain investigator ZachXBT has exposed a sophisticated phishing operation that has managed to compromise over 15 X accounts. The scheme targeted investors in Solana-based meme coins and has resulted in an estimated loss of $500,000. Solana Meme Coin Fraud The Blockchain detective revealed in a December 24 social media post that the operation involved impersonating...Read More
Credefi is heading into 2025 with ambitious plans to revolutionize decentralized finance (DeFi). After a groundbreaking 2024, the company has laid a strong foundation for the innovations to come. Here’s a closer look at their accomplishments over the past year and their vision for the year ahead. 2024: Laying the Groundwork for Innovation In 2024,...Read More
The economy is chugging along nicely, with real GDP rising in the third quarter over the second quarter of 2024. That’s according to data from the US Bureau of Economic Analysis. Kiyosaki warned on Sunday, however, that the economy could plunge into a depression next year. “Global crash has started. Europe, China. USA going down....Read More
Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice. Issued at the request of Finnish authorities, it follows allegations of tax fraud and assault in the country. Tax Fraud and Assault Charges The Red Notice is a formal request to...Read More