Kraken’s Jesse Powell donates $1M in crypto to Trump campaign
Jesse Powell, the Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies…
Month: June 2024
Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant…
The purpose and functionality of exchange coins and tokens
Exchange coins operate independently on blockchains, whereas exchange tokens represent assets or utilities within specific…
Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry
Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization…
Kraken’s Jesse Powell Donates $1 Million to Trump
Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in…
2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion
Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25…
Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire…
Bitcoin and Crypto Were Not Mentioned Once During the Trump-Biden Debate
Prior to the highly anticipated presidential debate between Donald Trump and Joe Biden, many on…
Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to…
Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness
Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar…
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks…
CoinStats hack caused by ‘socially engineered’ employee, CEO suspects
CoinStats reveals an employee-targeted social engineering attack behind the hack affecting 1.3% of wallets.
Nigerian blockchain group calls for fair resolution in Binance case
BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria…
Metallica’s X account hacked to promote crypto token
The official X account for Metallica was hacked, and exploiters posted about a Solana token…
Bitcoin ‘wholecoiners’ hold above 1 million mark for 13 months
The number of Bitcoin wholecoiners tends to rise and fall with the crypto market’s ebbs…