Chainlink’s price saw a nice boost while the rest of the crypto market dipped. This happened after Chainlink Labs announced it joined the SEC’s Crypto Task Force. Joining the Task Force The announcement on X (formerly Twitter) stated that Chainlink Labs joined to discuss creating standards for compliant tokenized assets. They believe meeting regulatory requirements…
JPMorgan Chase CEO Jamie Dimon is defending the bank’s decision to charge fintech companies like PayPal and Coinbase fees for accessing customer account information. This move has sparked significant backlash. Dimon’s Justification During a recent earnings call, Dimon explained the policy change, emphasizing customer protection as the primary reason. He argued that while JPMorgan supports…
Google is taking legal action against the creators of BadBox 2.0, a massive botnet that infected over 10 million devices. This botnet, targeting mostly uncertified Android devices, is the largest of its kind affecting IoT (Internet of Things) televisions. BadBox 2.0: A Digital Criminal Enterprise BadBox 2.0, a successor to a similar botnet taken down…
Bitcoin recently hit a new high of $123,091, but then dipped a bit. Interestingly, while Bitcoin’s price took a small breather, many altcoins (alternative cryptocurrencies) started to surge. Could this be the start of another altseason? Whale Watching: Big Bitcoin Moves Blockchain analytics firm Glassnode noticed something interesting: Big Bitcoin holders (“whales”) are moving a…
Bitcoin’s recent price action has been a bit of a rollercoaster. After hitting a record high of $122,838 on July 14th, things have cooled off considerably. Bitcoin’s Technical Breakdown One analyst, Melikatrader94, sees trouble brewing. Using a technical analysis chart, they’ve pointed out a “Quasimodo Level” (QML) structure. Basically, this means the chart shows three…
A former Pump.fun developer, Jarett Dunn, is back behind bars. This Canadian crypto figure is facing serious time after stealing $2 million in cryptocurrency. The Heist and the Aftermath In May 2024, Dunn, while employed at Pump.fun, made off with nearly $2 million worth of SOL (Solana). He quickly distributed the stolen funds to various…
Ripple’s CEO, Brad Garlinghouse, is calling the newly passed GENIUS Act a huge deal for crypto, comparing it to the sweeping changes after the 2008 financial crisis. He sees it as a major step towards clearer rules for digital assets in the US, putting the country ahead in the global fintech race. Garlinghouse’s Take on…
XRP is making headlines again, and analysts are buzzing about a potential price surge. A key indicator has reappeared, hinting at a massive price jump. A Golden Cross and a 630% Rally? Crypto analyst Ali Martinez noticed something interesting: XRP’s Market Value to Realized Value (MVRV) ratio just formed a “Golden Cross.” This is a…
El Salvador’s Bitcoin strategy has taken a surprising turn. For months, President Bukele and the National Bitcoin Office claimed daily Bitcoin purchases, with public trackers showing over 6,102 BTC. But a recent IMF report reveals a different story. The Illusion of Buying The IMF’s report states that El Salvador hasn’t actually bought any new Bitcoin…
A Singaporean woman is heading to jail after a massive money laundering scheme landed over half a billion dollars in her company’s bank accounts. A Mysterious Fortune 58-year-old Zin Nwe Nyunt, owner of the wholesale trading firm Unione Pte Ltd, found herself with SGD $640.7 million (roughly $500 million USD) deposited into her company’s accounts…
