In a recent testimony to Congress, Brian Nelson, the Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury, challenged widely held beliefs about the role of cryptocurrencies in funding terrorist activities. His insights during the House Financial Services Committee hearing painted a starkly different picture from previous reports, particularly concerning the
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In an era of constant change and advancement within the entertainment industry, Gala Film is making waves with its innovative approach to incorporating Web3 technology into the cinema experience. The aim is to not only make entertainment more accessible but also to make it more rewarding for users, potentially ushering in a new era in
Bitcoin, the king of cryptocurrencies, is once again dominating headlines as its recent price surge pushes it beyond the highly anticipated $50,000 mark. This rally, fueled by extreme optimism, is reflected in the Crypto Fear and Greed Index, hitting an “extreme greed” reading of 79, the highest level since November 2021, when Bitcoin reached its
In recent weeks, Ethereum has experienced a surge in its market price, indicating an increasing demand for the asset. This article analyzes the strategy of an Ethereum whale and explores the optimism surrounding Ethereum’s potential growth. According to the on-chain analytics platform Lookonchain, an unknown whale has been actively accumulating Ethereum by utilizing the revolving
Tuur Demeester, a renowned Bitcoin OG and researcher for Adamant Research, has recently shared his bullish outlook for Bitcoin, predicting a significant increase in its price by 2026. In this article, we will critically analyze Demeester’s claims and the factors he considers in making this prediction. Demeester’s prediction suggests that Bitcoin’s price could reach anywhere
The cryptocurrency market is known for its volatility, and meme coins have become a prominent part of this digital landscape. In recent days, a surprising doppelganger moment occurred when a new Dogecoin on the Solana blockchain skyrocketed in value. With Solana meme coin DOGE experiencing a surge of +60,980%, experts are now questioning whether another
Wall Street giant and asset manager Franklin Templeton recently submitted an application for an Ethereum Spot Exchange-Traded Fund (ETF) after facing challenges in gaining approval for their Bitcoin Spot ETF earlier this year. Many asset managers have turned to the Ethereum spot ETF following the United States Securities and Exchange Commission’s (SEC) approval of the
Coinbase, one of the leading cryptocurrency exchanges, has taken a bold move by lifting the freeze on Debt Box’s assets. This decision comes after Coinbase discovered discrepancies in the Securities and Exchange Commission’s (SEC) representation of its case against Debt Box. In a post on social media platform X (formerly known as Twitter), Paul Grewal,
The highly anticipated verdict in Changpeng Zhao’s court battle with the United States government has been postponed. An official notice filed in a Seattle court reveals that the court’s decision will now be delivered on April 30th, instead of the originally scheduled date later this month. This delay adds to the mounting tension surrounding CZ’s
In a significant cybersecurity incident, an unknown actor performed a SIM swap attack on the U.S. Securities and Exchange Commission’s (SEC) X account. This breach resulted in the publication of a false message claiming the SEC’s approval of spot Bitcoin ETFs. Chair Gary Gensler addressed House members, reassuring them of the SEC’s commitment to cybersecurity
The cryptocurrency space has witnessed exponential growth in recent years, with various projects striving to make their mark. Among these projects is Cardano, a blockchain platform co-founded by Charles Hoskinson. In a recent interview with Discovery Crypto, Hoskinson discussed the current state of the crypto industry and the unique features that set Cardano apart. However,
FTX, once a prominent cryptocurrency exchange, has reached a disheartening conclusion to its bankruptcy process. The company’s lawyers recently announced that FTX will not be restarting its operations but instead will dissolve entirely after settling all outstanding debts. This decision comes as a disappointment to investors who had hoped for a potential revival of the
The Korea Financial Intelligence Unit (KoFIU) recently unveiled a comprehensive plan to strengthen its supervision of the cryptocurrency industry. This move comes as part of South Korea’s ongoing efforts to bolster financial oversight and protect consumers within the rapidly evolving digital asset space. By implementing stricter operational standards and expelling non-compliant exchanges, the KoFIU aims
The price of the legendary Solana meme coin, BONK, has recently experienced a minor localized price drop, leading many holders to question its future. This article aims to provide a comprehensive analysis of BONK’s current price trends and explore whether another meme coin, Meme Kombat, offers a more promising investment opportunity. Despite the volatile nature