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A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ) … Read more
Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending … Read more
Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury operations between Brazil and Portugal, the service also aims to benefit corporate … Read more
During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation’s vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. While the meeting was private, a video released before the meeting shows Villarruel asking Bukele about the first cryptocurrency and the yet-to-be-issued bitcoin-backed “volcano bonds.” Bukele Talks Cryptocurrency and Bitcoin Bonds … Read more
Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be the key to the economic sovereignty and independence of our countries,” while sidestepping the use of third-party payment networks. Newly Proposed BRICS Unified Exchange May … Read more
The Administration of Javier Milei has revealed that the Argentine Coin House, the equivalent of the U.S. Bureau of Engraving and Printing, will be closed as part of the ‘deep chainsaw’ cost reduction plan. The announcement was made by Deregulation and State Transformation Minister Federico Sturzenegger, who also stated that other state-dependent institutions would be … Read more
EigenLayer ($EIGEN), a leading player in the re-staking space, was officially listed on several major centralized exchanges (CEXs) following its token unlock last night. Trading opened this morning with an initial price of $4.05 and a fully diluted valuation (FDV) of $6.8 billion. $EIGEN unlocked last night and finally went live for trading Opening this … Read more
Arbitrum, the Ethereum Layer 2 optimistic rollup, has reached a significant milestone, surpassing 1 billion transactions since its launch in 2021. This impressive achievement highlights its growing popularity and efficiency within the blockchain ecosystem. While Base currently leads in daily transactions, Arbitrum maintains its dominance in total value locked (TVL), boasting an impressive $2.5 billion. … Read more
Memecoins are experiencing a resurgence, riding the wave of Bitcoin’s recent rally. With many showing double-digit gains over the past 30 days, the meme coin market cap has surged to $54 billion, before settling at $49.9 billion. As Bitcoin crosses $65,000 and Q4 begins with positive momentum, bolstered by a Fed rate cut, market sentiment … Read more
Solana is making waves in the blockchain world, leading net inflows in September with a staggering $763 million, outpacing all other blockchains combined. ‼️BREAKING: #Solana DeFi TVL Hits $5.70B, Reaching Levels Last Seen 1,000 Days Since the Peak In January 2022. pic.twitter.com/zXWQMwdP7w — CoinEcho (@mycoinecho) October 1, 2024 This influx highlights the increasing momentum behind … Read more