In a recent collaboration with the US Department of Justice and the FBI, stablecoin issuer Tether took action against a tech support scam network, seizing $1.4 million USDT linked to the fraudulent scheme. The scam targeted vulnerable elderly individuals through deceptive pop-up advertisements, falsely claiming compromised devices and luring victims into seeking assistance from fake
Bitcoin’s recent surge to a new all-time high above $70,000 has caught the attention of many investors and analysts. However, what sets this rally apart is its unconventional nature and the predictions surrounding Bitcoin’s future. Despite the current excitement, experts believe that Bitcoin is still in its early stages and has a long way to
Near Protocol has been making waves in the cryptocurrency market recently, with its price rising by 3% in the past 24 hours. This move to $7.18 marks a significant 63% gain in just a week, outperforming many other major tokens. The altcoin has also surged by 127% in the last 30 days, showcasing its high
Ethereum (ETH) has been on a significant price growth trajectory, outperforming many other cryptocurrencies in the market. The price of ETH has surged by 60% monthly, breaking the $4,000 barrier for the first time since December 2021. This surge has led to speculations from analysts and key indicators that Ethereum could be on its way
The Nigerian government recently obtained a court warrant to detain Binance officials for at least twelve days after they insisted on being taken to their respective countries’ embassies. This move came after the government accused Binance of exacerbating the country’s foreign exchange challenges by manipulating rates for profit. As a result, access to Binance’s official
Over the past 24 hours, LTC has shown a modest gain of 1%, with its price jumping to $96.44. This represents a significant 21% increase over the past week, as well as a 33% gain in the last 30 days. However, when we look at the performance of LTC over the past year, it has
Coinbase has recently taken a strong stance against the Securities and Exchange Commission (SEC) for denying its rulemaking petition, deeming the decision as “arbitrary and capricious.” The crypto exchange expressed its dissatisfaction with the SEC’s action in a petition filed before the US Court of Appeals for the Third Circuit. By challenging this decision, Coinbase
Despite facing a recent 5% decrease in value, Cardano (ADA) remains resilient and optimistic. Priced at $0.75 with a 24-hour trading volume of $1.14 billion and a market capitalization of $24 billion, ADA stands strong in the crypto market. Renowned analyst Sssebi’s positive analysis of ADA’s weekly chart indicates a promising future with significant green
Recently, Matt Hougan, Chief Investment Officer (CIO) at Bitwise Asset Management, discussed the growing interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs) on CNBC’s ‘Halftime Report’. This conversation coincided with Bitcoin (BTC) surpassing all expectations by reaching a new peak of almost $72,500. The influx of around $20 billion into the market after the
Bitcoin’s recent surge over the weekend propelled the leading cryptocurrency to a fresh all-time high of nearly $73,000. This increase was supported by a positive start on Monday, setting the stage for a record-breaking achievement. The surge was not limited to Bitcoin alone, as several altcoins, including XRP, also experienced significant gains. Despite lagging behind
Bitcoin has once again made history by reaching a new record high of over $71,000, confirming its position as the digital equivalent of gold and surpassing the market capitalization of silver in the process. This achievement, which has been happening frequently since the beginning of March, saw Bitcoin hitting an all-time high of $72,750 today,
Airdrops have become a popular marketing strategy in the Web3 space, with many platforms utilizing this method to attract users and create buzz around their tokens. One recent example is the gaming platform Portal, which successfully launched its token through an airdrop farming campaign. Following this trend, BlockGames is now gearing up to launch its
Readyverse Studios, alongside Futurverse Studios and co-founders Ernest Cline and Dan Farah, have recently announced their groundbreaking project: “Open.” This third-person battle royale game is creating a buzz in the gaming world due to its innovative use of Web3 technology and its incorporation of popular intellectual properties (IPs). Set to offer players a unique multi-biome,
The Biden administration recently unveiled its proposed budget for the year 2025, which includes several regulatory measures aimed at digital assets. These measures are expected to generate around $10 billion in additional tax revenue by 2025. One of the key focuses of the budget is closing a loophole that has allowed wealthy crypto investors to