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Bolivia Turns Into Crypto Haven After Ban Lift

Bolivia Turns Into Crypto Haven After Ban Lift

In the heart of South America, Bolivia has quickly emerged as a significant player in the world of cryptocurrency following the lifting of a long-standing ban on digital asset transactions. This transformation has not only altered the landscape of Bolivia's economy but has also positioned the country as

DMM Bitcoin Exchange Closes Down After $300 Million Hack Impact

DMM Bitcoin Exchange Closes Down After $300 Million Hack Impact

In a significant turn of events for the cryptocurrency sector in Japan, DMM Bitcoin exchange, once a prominent player, has announced it will terminate its operations by March 2025. This decision comes in the wake of a devastating hack that saw the theft of 4,502.9 BTC, valued at

US Government Transferred Nearly $2 Billion in Seized Silk Road Bitcoin to Coinbase

US Government Transferred Nearly $2 Billion in Seized Silk Road Bitcoin to Coinbase

In a move that has sent ripples through the cryptocurrency market today, the United States government recently moved nearly $2 billion in Bitcoin from the notorious Silk Road seizure to Coinbase, one of America's largest digital asset exchanges. This significant transfer of 19,800 BTC, which equates to

Marathon Digital's Massive $618M Bitcoin Purchase Sparks Market Surge

Marathon Digital's Massive $618M Bitcoin Purchase Sparks Market Surge

In a move that has captured the attention of both the crypto and financial markets, Marathon Digital, a prominent Bitcoin miner from Florida, has announced the acquisition of approximately 6,484 Bitcoins for a staggering $618 million in cash. This strategic purchase was disclosed in a recent SEC filing, signaling

Coinbase Integrates Apple Pay for Seamless Crypto Purchases

Coinbase Integrates Apple Pay for Seamless Crypto Purchases

In a big move to streamline cryptocurrency acquisition, Coinbase has unveiled a new feature that allows users to leverage Apple Pay for direct fiat-to-crypto transactions. This integration is part of Coinbase's Onramp service, designed to simplify the process of diving into the world of digital currencies. The introduction

Enron Returns Aiming to Address Energy Using Blockchain

Enron Returns Aiming to Address Energy Using Blockchain

In a move that has left the business world reeling with a mix of skepticism and intrigue, Enron Corporation has announced its dramatic return after 23 years, this time with a focus on solving the "global energy crisis" through blockchain technology and innovative business practices. Enron (yes, that

Bitcoin.com Launches New Wallet App Instant Rewards

Bitcoin.com Launches New Wallet App Instant Rewards

A new feature has been added within the Bitcoin.com Wallet app, transforming the way users engage with the company and its wallet. The newly introduced Instant Rewards system allows individuals to earn crypto not just through traditional means but by integrating simple, everyday tasks into their digital wallet experience.

Michael Saylor Urges Microsoft to Embrace Bitcoin Over Its Own Stock

Michael Saylor Urges Microsoft to Embrace Bitcoin Over Its Own Stock

In an audacious move, Michael Saylor, the Executive Chairman of MicroStrategy, recently took the stage to address Microsoft's board of directors. His mission was clear: to convince the tech giant to shift its financial strategy towards Bitcoin. On December 1st, Saylor delivered a succinct pitch, promising to outline

Cryptocurrency Market Sees Explosive Growth, $1.14 Trillion Influx in November

Cryptocurrency Market Sees Explosive Growth, $1.14 Trillion Influx in November

The crypto market has witnessed an extraordinary surge, with over $1.14 trillion in capital flowing into digital assets during the month of November 2024. This monumental influx marks a significant milestone, highlighting the increasing mainstream adoption and investor confidence in cryptocurrencies. Over $1.14 trillion dollars entered the cryptocurrency

XRP Soars to Seven-Year High, Overtakes Solana in Market Cap Frenzy

XRP Soars to Seven-Year High, Overtakes Solana in Market Cap Frenzy

In a remarkable weekend for the cryptocurrency market, XRP has not only surpassed Solana in market capitalization but also climbed above the $2 mark for the first time since early 2018. This surge comes amidst a wave of optimism regarding the regulatory landscape for cryptocurrencies, particularly for XRP, which has

Caroline Ellison's Prison Term Reduced by Three Months in FTX Scandal

Caroline Ellison's Prison Term Reduced by Three Months in FTX Scandal

Caroline Ellison, once the romantic partner of disgraced FTX founder Sam Bankman-Fried, has seen her prison sentence shortened by three months, according to recent reports. Ellison, who was the head of Bankman-Fried's now-defunct Alameda Research, began her two-year sentence at the Danbury Federal Correctional Institute in Connecticut on

Report: US, China, and UK Dominate in Scam and Failed Crypto Projects

Report: US, China, and UK Dominate in Scam and Failed Crypto Projects

A recent study by 5Money and Storible paints a stark picture of the crypto landscape. From January 2022 to October 2024, the United States, China, and the United Kingdom have emerged as the leading nations in both scam and dead crypto project launches, attracting global attention to the underbelly of

MicroStrategy's Bitcoin Investment Poses Several Risks to the Cryptocurrency

MicroStrategy's Bitcoin Investment Poses Several Risks to the Cryptocurrency

In recent years, MicroStrategy has not only been known for its enterprise software but also for its bold investment into Bitcoin, becoming one of the first corporations to hold the cryptocurrency as a treasury reserve asset. While this move has been celebrated as a vote of confidence in Bitcoin, it

Unlocking New Spending Channels for Zano Users with Bitcoin.com's V-Card

Unlocking New Spending Channels for Zano Users with Bitcoin.com's V-Card

In a significant expansion for the cryptocurrency community, Zano users now have access to spending flexibility through a new integration with the V-Card. This development marks a critical step in enhancing Zano's real-world application by connecting digital assets with traditional financial infrastructures. Big news for Zano users! You

SoftBank Injects $1.5 Billion Dollars into Artificial Intelligence

Artificial Intelligence

SoftBank Injects $1.5 Billion Dollars into Artificial Intelligence

SoftBank, the Tokyo-based multinational investment giant, has taken a bold step into the future of artificial intelligence by investing $1.5 billion into OpenAI. This significant financial commitment not only marks a pivotal moment for SoftBank but also for the AI community at large. The deal allows OpenAI employees to

Vancouver Mayor Pushes for City to Embrace Bitcoin

Vancouver Mayor Pushes for City to Embrace Bitcoin

In a move that signals a burgeoning acceptance of cryptocurrency, Vancouver Mayor Ken Sim has introduced a novel strategy to integrate Bitcoin into the city's financial fabric, aiming to make Vancouver a beacon for crypto enthusiasts. This initiative comes at a time when Bitcoin has soared past the

Japan's Financial Watchdog Warns Bybit, KuCoin, and Other Exchanges Over Regulatory Violations

Japan's Financial Watchdog Warns Bybit, KuCoin, and Other Exchanges Over Regulatory Violations

Japan's Financial Services Agency (FSA) has taken a firm stance against five major overseas cryptocurrency exchanges for operating within the country's borders without the necessary registration. The exchanges in question include Bybit Fintech Limited, KuCoin, MEXC Global, Bitget Limited, and Bitcastle LLC. This move by the

Elon Musk's Face Graces Liberland's USDD 2.0 Digital Dollar

Elon Musk's Face Graces Liberland's USDD 2.0 Digital Dollar

In a fascinating fusion of cryptocurrency and celebrity culture, the micronation of Liberland has teamed up with the TRON DAO Reserve to launch USDD 2.0, a stablecoin not only pegged to the U.S. dollar but also adorned with an image of Elon Musk. USDD, previously introduced by the

UK Court Rejects Craig Wright's Bitcoin Creator Claim due to Fake AI Hallucinations

UK Court Rejects Craig Wright's Bitcoin Creator Claim due to Fake AI Hallucinations

A Court of Appeals in the United Kingdom has decisively dismissed Craig Wright's appeal against a prior ruling by the High Court. The courts have consistently argued that Wright's assertion of being the enigmatic Bitcoin founder, Satoshi Nakamoto, is unfounded, primarily due to the reliance on

Russia’s President Vladimir Putin Officially Recognizes Bitcoin and Crypto as Property

Russia’s President Vladimir Putin Officially Recognizes Bitcoin and Crypto as Property

Russia has taken a significant step forward in its embrace of digital currencies, officially recognizing Bitcoin and other cryptocurrencies as a form of property within the realm of international trade. This legal acknowledgment comes from a new law signed by President Vladimir Putin, signaling a shift towards integrating digital assets

Crypto Entrepreneur Justin Sun Devours $6.2 Million Banana Art in Hong Kong

Crypto Entrepreneur Justin Sun Devours $6.2 Million Banana Art in Hong Kong

In an event that could only be described as a blend of performance art and cryptocurrency flair, Justin Sun, a prominent figure in the crypto world for founding the Tron cryptocurrency, recently made headlines by eating a banana he had purchased for $6.2 million. This wasn't just

AI Tagging on Blockchain: CZ's Vision for Cryptocurrency's Future

Artificial Intelligence

AI Tagging on Blockchain: CZ's Vision for Cryptocurrency's Future

In a recent X post, Changpeng "CZ" Zhao, the visionary behind Binance, delved into a topic that could revolutionize how data is handled in the cryptocurrency world: AI tagging integration on-chain. This approach, according to CZ, is not just an innovative step but a necessary evolution for the

How Players Are Trying to Outsmart an AI to Win $40,000 in Crypto

Artificial Intelligence

How Players Are Trying to Outsmart an AI to Win $40,000 in Crypto

A unique challenge has emerged, drawing in players with the promise of a substantial reward. An AI agent named Freysa holds the key to a $40,000 crypto stash, and players are spending hundreds of dollars in hopes of convincing her to release the funds. The twist? If no one

Bitwise 10 Crypto Index ETF Submission to the U.S. SEC Signals New Investment Opportunities

Bitwise 10 Crypto Index ETF Submission to the U.S. SEC Signals New Investment Opportunities

In a significant move within the crypto space, Bitwise Asset Management has submitted its application for the Bitwise 10 Crypto Index ETF to the United States Securities and Exchange Commission (SEC). This filing marks a pivotal moment as it seeks to capitalize on the evolving regulatory environment, potentially broadening the

Former Binance Executive Sues for Whistleblowing Amid Bribery Allegations

Former Binance Executive Sues for Whistleblowing Amid Bribery Allegations

Amrita Srivastava, once a senior employee at Binance, has brought a whistleblower claim to the UK courts, alleging she was unfairly dismissed after exposing a bribe solicited by a colleague to favor a specific customer. Srivastava, who was based in London and worked remotely on Binance’s Link platform, connecting