Category: Cryptocurrency

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Elon Musk Supports Efforts to Free Telegram CEO Pavel Durov

Following Telegram founder Pavel Durov’s arrest, Tesla CEO Elon Musk posted the hashtag #FreePavel on his social media platform X. The hashtags #FreePavel and #FreeDurov emerged as supporters protested Durov’s arrest and called for his release. Durov is known for his strong stance on privacy and free speech, often clashing with government authorities over his…
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Colombian Data Protection Authority Formulates Charges Against Worldcoin

The Colombian Industry and Commerce Superintendence (SIC), the personal data protection authority of the country, has formulated charges against Worldcoin, the biometric digital ID project, for violations of the personal data regime. The institution stated that the accusation focuses on determining whether Worldcoin violated Colombian law in its handling of the personal and private data…
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Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend

Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also promised to share Wazirx’s Proof of Reserves (PoR) after a new…
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2 Vintage Bitcoin Wallets From 2011 Spring to Life, Moving $4.7 Million in BTC

Over the past day, bitcoin has been hovering just under the $64,000 mark, while two wallets, which had been inactive for more than 13 years, suddenly moved 75 bitcoin worth $4.7 million. These transactions are particularly notable as they mark the only activity from 2011 this month, making them a rare occurrence amid the increasingly…
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DMM Group and Progmat Collaborate to Create a Regulated Stablecoin

Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and entertainment. DMM Crypto, a subsidiary of DMM Group, expects to utilize the stablecoin to enhance user experiences and…
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Ripple, Kraken Legal Chiefs Weigh in on Court Decision in SEC’s Crypto Securities Lawsuit

The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s recent decision in the U.S. Securities and Exchange Commission’s lawsuit against Kraken. “Another court, this time in the Kraken case, confirms there’s no such thing as a ‘crypto asset security.’ Bad news for the…
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Robert Kiyosaki Pushes Bitcoin as US Debt Soars to Alarming Levels — Warns of Banking System Failures

Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days. He advises investing in gold, silver, and bitcoin to safeguard against economic instability. Kiyosaki also points out the dangers of relying on traditional banks, noting that banking panics are often…
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Secrecy of Argentine Gold Bullion Transfers Abroad Sparks Lawmaker Criticism

A series of gold bullion transfers abroad by the Argentine government has sparked a series of criticisms behind this action, bringing several lawmakers to question the secrecy of this matter. While experts state that this movement has to do with the efficient utilization of these resources, the government has not issued official statements on the…
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Why 2024 Should Be Bitcoin’s Year to Step Away From Politics

As the U.S. election season heats up, Bitcoin finds itself once again in the political crossfire. From Washington, D.C., to international capitals, this digital currency has become a talking point, with politicians on both sides of the aisle either championing it as a revolutionary financial tool or condemning it as a threat to economic stability.…
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Injective (INJ) Skyrockets 21% As Proponents Weigh In On New Developments

Injective piques investors’ interest as on-chain developments continue on the platform. These new integrations and information excite investors, bumping the token’s price by over 21%. The continuous positive developments are expected to further steer the INJ on the bullish path. Given the conditions and positive developments of Injective, its investors and traders have chosen the…
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