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Justin Sun deepens his involvement with World Liberty Financial by joining its advisory board after a strategic $30 million investment. World Financial Liberty Gets New Advisor Justin Sun, the founder of the Tron blockchain and a prominent figure in the cryptocurrency industry, has officially joined World Liberty Financial (WLFI) as an advisor. This was announced … Read more
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases. Altcoin Season Teases Investors Two weeks ago, the Altcoin Season Index (ASI) scored a modest 37 out of 100, … Read more
Brazil’s Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience. Brazil Proposes Bitcoin Reserve to Bolster Economy and Embrace Innovation The legislation, titled “Projeto de Lei 4501/2024″ and authored by Federal Deputy Eros Biondini, aims to position … Read more
On Nov. 26, at block height 872,092, a long-dormant stash of 1,965 bitcoin (BTC), valued at a staggering $185.3 million, stirred for the first time in nearly a decade. Vintage 2014 Bitcoin Wallet Awakens: Millions Shift Amid Record Prices As bitcoin hovers above $90,000, trading at $94,342 per coin at 11:40 a.m. EDT on Tuesday, … Read more
The recent announcement of the enactment of additional tariffs for China has raised alerts about the possible measures the Asian giant can take against Trump’s actions. China has been preparing for this outcome, designing similar actions to hurt the U.S.’s products entering China. Trump’s Tariff Announcement Puts China in the Brink of Trade War The … Read more
Known influencer and former kickboxer Andrew Tate presented a radical idea on social media: Elon Musk’s Department of Government Efficiency (D.O.G.E) might invest state savings in purchasing bitcoin, frontrunning the Congress to start building the rumored U.S. strategic bitcoin reserve. DOGE Might Redirect State Savings for Bitcoin Purchases The Department of Government Efficiency (D.O.G.E), the … Read more
A new crypto whale, identified as 0x535, has made waves in the memecoin market by withdrawing an additional 150 billion PEPE tokens (worth $3.14 million) from KuCoin. This marks the seventh transaction in the past eight hours, bringing the total PEPE accumulated by this whale to 309.6 billion tokens. The purchases, completed at an average … Read more
A cautionary tale about the dangers of FOMO (Fear of Missing Out) has emerged, as one trader lost a staggering $166.2K in just two days by chasing hype around memecoins. The trouble began yesterday when the trader FOMO-bought $QUANT, only to see its price drop shortly after. Frustrated by the loss, he sold his $QUANT … Read more
The Sui Network, often compared to Solana for its speed and scalability, faced its first significant outage on Thursday, causing a two-hour halt in transactions. The issue stemmed from a bug in the network’s transaction scheduling logic, preventing validators from producing new blocks. The Sui network is back up and processing transactions again, thanks to … Read more
A recent investigation has shed light on a social engineering scam where the perpetrator, known as Ronald Spektor (or Ronaldd), allegedly played a pivotal role in stealing $6.5 million from a single victim last month. The victim, based in the US, reached out on October 7, 2024, after receiving a phone call from a spoofed … Read more