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According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall decline in both legitimate and illicit crypto transaction volumes in 2023. An analysis of services used … Read more
John Deaton, a U.S. lawyer known for his pro-crypto stance, is reportedly considering a run against Massachusetts Senator Elizabeth Warren. The Republicans are eager to nominate a formidable candidate against Warren. This strategy could compel her to concentrate on her political survival, potentially diverting her focus from supporting other Democrats. Pro-Crypto U.S. Lawyer to Decide … Read more
The New Zealand Central Bank governor, Adrian Orr, recently branded stablecoins “the biggest misnomers” and “oxymorons.” Orr also rejected the notion that cryptocurrencies could serve as a replacement or supplement to central bank-issued money. Stablecoins Not a Viable Substitute for Money Despite their rise as an alternative to fiat currency in some regions, stablecoins are … Read more
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, the Fed chair reportedly said that a framework for stablecoins is needed. Fed Chair Powell on US CBDC and … Read more
Personal finance expert and best-selling author Dave Ramsey’s firm Ramsey Solutions has maintained that crypto is not a good investment. “We’re not saying cryptocurrency is going to go away. And we’re not saying it’s horrible … But as things stand today, just say no,” advised the Ramsey Solutions team. Ramsey Solutions Advises ‘Just Say No’ … Read more
According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21, 2024, reducing the block rewards from the existing rate of 6.25 bitcoins per block to 3.125 … Read more
KoinBay, a leading cryptocurrency exchange, introduced the “Rewards Hub,” a unique program that incentivizes trading activity with attractive rewards. This initiative moves beyond traditional loyalty programs, offering a tangible benefit for every user, regardless of their experience level. KoinBay’s “Rewards Hub” presents a straightforward approach to earning rewards. Regular platform engagement, such as consistent logins … Read more
In the current cryptocurrency season, the native cryptocurrency of Celestia Network, TIA coin, is making substantial strides. Over the past 7 days, the price of Celestia’s $TIA has experienced a remarkable surge, climbing by 37%, and an impressive 793% increase in the last 90 days, reaching a new all-time high in the past 24 hours. … Read more
TokenFi, the native token associated with TokenFi’s tokenization protocol, has reached a significant achievement by having more than 350 million TokenFi tokens locked through the platform’s staking initiative. Over 350M TokenFi Tokens Locked Up To 4 Years Over 350 million #TokenFi / $TOKEN tokens have been locked up in the TokenFi staking program for a … Read more
Optimism, a community-owned ecosystem, aims to address coordination failures and reshape value distribution by rewarding positive impact through participation, collaboration, and collective ownership—areas where traditional systems often fall short. In a significant move, Optimism recently unveiled the third round of its RetroPGF incentive program, allocating 30 million OP tokens (equivalent to 116 million USD) to … Read more