Must-watch Cryptos Under $1: BDAG, MGMES, PEPE; Which to Pick?

5 Must-watch Cryptos Under $1 in August 2024: BlockDAG, MGMES, WAI, PLAY, and PEPE The cryptocurrency market is expanding, offering a treasure trove of affordable investment gems. This August, several cryptos under the $1 threshold are catching the eye of wise buyers. From hybrids that harness advanced technology to playful meme coins with serious growth … Read more

Former Bank CEO Sentenced to Prison for $47M Crypto Fraud Leading to Bank Collapse

The former CEO of failed Heartland Tri-State Bank was sentenced to over 24 years in prison for embezzling more than $47 million in a fraudulent crypto scheme that caused the bank’s collapse. He funneled the stolen funds into cryptocurrency wallets linked to a “pig butchering” scam, leading to a $9 million loss for investors and … Read more

Donald Trump Considers Elon Musk for Cabinet Role

U.S. President and Republican presidential candidate Donald Trump stated on Monday that if elected, he would consider appointing Tesla CEO Elon Musk to a cabinet or advisory role. Trump praised Musk as a “brilliant” and “very smart guy,” expressing his openness to involving the Tesla boss in his administration if Musk were willing. Recently, Musk … Read more

Race to the Top 30: BlockDAG, Solana, & AAVE Compete for Attention 

$67M & Rising! BlockDAG Presale Makes A Splash – Is Solana Falling Behind AAVE? Leading cryptocurrencies draw significant interest from contributors, each vying for a spot among the top coins. Solana (SOL) has been capturing attention with signals suggesting a potential upward trend, while AAVE (AAVE) shows a robust stance despite fluctuating market conditions. Meanwhile, … Read more

Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’

Economist and gold advocate Peter Schiff predicts that “precious metals mining will be the best-performing sector” this decade. He highlighted that “gold mining stocks are a steal” and anticipates “a major bull market.” Additionally, Schiff cautioned that the Federal Reserve risks making a policy mistake by cutting interest rates too soon. ‘The Stage Is Set … Read more

Nigeria’s SEC Denies Issuing Provisional Crypto Licenses

Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move follows increased scrutiny of crypto exchanges and a push to regulate the industry, including a mandate … Read more

Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which made up more than half of the quarter’s earnings. … Read more

BDAG Triumphs Over AAVE and Fetch.ai with Bonus System

How BlockDAG’s Brilliant Bonus System is Seizing Market Share s– AAVE Holds Steady as Fetch.ai Breaks New Ground  The crypto landscape is bristling with innovation, but one player, BlockDAG, is stealing the spotlight with its audacious automatic bonus system after soaring to a $66.7 million presale milestone. As AAVE demonstrates remarkable stability amidst market volatility … Read more

Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing its AI capabilities through its existing digital asset mining infrastructure. Bit Digital … Read more

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