Bitcoin, the cryptocurrency pioneer, has reached a significant milestone: its 1 billionth transaction. This accomplishment has sparked both celebration and cautious optimism. Bitcoin’s Blockchain Strength Bitcoin’s decentralized network has proven its security and efficiency by facilitating 1 billion transactions. This is a remarkable achievement, especially compared to payment giants like Visa, which took decades to…
The XRP Ledger (XRPL) is getting a major makeover. These upgrades will make it more powerful and useful. Key Upgrades: Digital Identity (DID): Gives users control over their digital identities on the XRPL. Makes it easier for businesses to verify customers and meet regulatory requirements. XChainBridge: Lets XRPL connect with other blockchains like Ethereum. Makes…
A Tarnished Family Name Maximilien de Hoop Cartier, a descendant of the legendary jewelry brand founder, has been arrested for allegedly laundering millions of dollars for a Colombian drug cartel. Over-the-Counter Opulence Cartier and his associates used over-the-counter (OTC) USDT trades to launder the money. USDT, a cryptocurrency pegged to the US dollar, offers anonymity…
SEC’s Wells Notice The Securities and Exchange Commission (SEC) has sent a Wells Notice to Robinhood, indicating that it may take enforcement action against the crypto exchange. This is part of the SEC’s ongoing crackdown on the cryptocurrency industry. Robinhood’s Response Robinhood has expressed disappointment with the SEC’s decision, stating that it has been working…
Sun’s Role in Liquid Staking Justin Sun, founder of Tron, has made a significant impact on the liquid staking market by depositing a hefty amount of funds into Swell L2, a new player in the space. This move accounts for nearly half of all funds deposited on the platform. Sun emphasizes the potential of liquid…
Crypto analyst The Crypto Dog has identified three altcoins as his top picks for investment: Near (NEAR) The Crypto Dog believes NEAR has strong potential to outperform other cryptocurrencies. He has invested a portion of his Bitcoin and Ethereum holdings into NEAR. Pepe (PEPE) The analyst is bullish on PEPE, a memecoin that has shown…
Malicious App Disguised as Chrome Update A new malware attack known as ‘Brokewell’ is targeting Android users, posing a significant threat to the banking industry. The malware disguises itself as a fake Google Chrome browser update webpage, tricking users into installing it. Capabilities of Brokewell Once installed, Brokewell gives criminals full control over the device….
Whales Accumulate Massive BTC Holdings CryptoQuant CEO Ki Young Ju reports that Bitcoin whales have amassed a staggering 47,000 BTC (worth $2.96 billion) in just 24 hours. This surge in whale activity signals a potential shift in the crypto market. Defining Whale Activity Ju’s analysis focused on whales holding at least 100 BTC and excluding…
A subsidiary of the US crypto exchange Kraken is reportedly reaping significant benefits from the booming spot Bitcoin (BTC) exchange-traded fund (ETF) market. CF Benchmarks: The Hidden Beneficiary CF Benchmarks, a London-based subsidiary of Kraken, provides reference data for crypto ETFs worth approximately $24 billion. It has emerged as an under-the-radar beneficiary of the recent…
The thriving Shiba Inu community is facing a new threat: scammers pretending to be key developers on platforms like Telegram. Impersonators Target Shiba Inu Developers Shibarmy Scam Alerts, a vigilant community group, has uncovered fake Telegram accounts impersonating Shytoshi Kusama and Kaal Dhairya, two prominent figures in the Shiba Inu ecosystem. The scammers have created…
