A new euro-denominated stablecoin, EURØP, has made history. It’s the first to meet the European Union’s strict new crypto rules (MiCA) and live on the XRP Ledger (XRPL). What’s the Big Deal? Launched in Paris, EURØP is a significant milestone. It combines the security of a well-established blockchain (XRPL, with over 3.3 billion transactions under…
Ray Dalio, billionaire founder of Bridgewater Associates, thinks the Federal Reserve shouldn’t ease monetary policy just yet. He’s advising against cutting interest rates, despite the pressure to do so. No Rate Cuts (For Now) In a recent interview, Dalio explained that while there’s uncertainty and declining sentiment, the actual economy isn’t necessarily demanding a rate…
Mantle, a major player in on-chain finance, and Republic Technologies, the Ethereum treasury of Beyond Medical Technologies Inc., have teamed up to bring mETH, a liquid staking token, into the institutional investment world. This marks a significant step forward for crypto adoption by large companies. mETH Makes History This partnership makes mETH the first liquid…
A massive data breach at Coinbase affected 69,461 users, exposing sensitive personal information. The breach, which occurred in late December but wasn’t discovered until early May, involved a group of overseas customer service agents who were bribed to steal data. What Information Was Stolen? The stolen data included a range of personal information, such as:…
A Solana-based altcoin, Launch Coin on Believe (LAUNCHCOIN), has exploded in value, making some crypto traders incredibly wealthy. Blockchain tracker Lookonchain has highlighted several examples of massive profits. Huge Returns in Weeks One trader, known only as E4Rued, reportedly turned a $10,000 investment into $3.46 million in just 28 days – a 346x return! This…
Bitcoin just smashed its previous record, reaching an all-time high! Let’s look at why. The Big Climb Bitcoin’s value has skyrocketed, hitting a new peak. This isn’t just hype; several factors are contributing to this significant growth. The climb is particularly impressive considering the market’s previous anxieties. Key Factors Fueling the Rise Several things are…
Charles Hoskinson, founder of Cardano, is accusing NFT artist Masato Alexander of orchestrating a smear campaign to boost an Ethereum project. Alexander had claimed Hoskinson secretly moved millions of ADA (Cardano’s cryptocurrency) into Cardano’s reserves. A Public Accusation and a Heated Response The feud started with Alexander’s allegation that Hoskinson quietly transferred 318 million ADA…
AI is exploding! It’s not just about software anymore; it’s moving into the physical world, and the crypto space is getting in on the action too. Let’s break down the latest developments. Google’s AI Powerhouse Google’s upped the ante with its new generative AI tools. Forget juggling multiple programs – they’ve streamlined everything into four…
A popular crypto trader, known as Doctor Profit, recently made headlines by selling all his XRP to buy Ethereum. He shared his reasoning with his 400,000+ followers on X. A 600% Profit and a New Strategy Doctor Profit initially announced his intention to sell his XRP holdings in May. He’d bought XRP at prices between…
An Atlanta man is facing serious prison time after allegedly orchestrating a massive COVID-19 relief loan fraud scheme. Millions in Fraudulent Loans 37-year-old Ian Patrick Jackson is accused of conspiring with another individual to defraud the Paycheck Protection Program (PPP). They allegedly recruited at least nine business owners to submit fake loan applications. The applications…
