Cryptocurrency

Crypto Politics
Crypto Finds Strong Support from Members of Congress

The crypto industry has gone through a lot of challenges.  The bear market dragged its total market cap from $3 Trillion to around $700 million.  To make matters, worst government regulators made it hard for crypto projects to do business…

cryptocurrency hacking
Cryptocurrency
Chainalysis – Transactions Tied to a Hacktivist Group – Details Uncovered

Chainalysis, a leading blockchain analysis company, has recently uncovered a series of Bitcoin transactions containing hidden OP_RETURN messages, tied to a Russian hacktivist group. By using OP_RETURN, an optional script command in Bitcoin transactions, the group has managed to establish…

Bitcoin
Bitcoin is Likely to Retain Value by 2035 – According to ChatGPT

Conor Grogan, a Coinbase executive, used a jailbreak application to bypass ChatGPT’s restrictions.   He was able to ask the AI to predict if Bitcoin will lose 99.999% of its value and fade to irrelevancy by 2035.  ChapGPT stated that there…

Crypto Fraud
Ohio Man Sentenced in $20 Million Bitcoin Heist: Darknet Cryptocurrency Theft Lands Convict in Prison

Gary James Harmon, a 31-year-old from Cleveland, Ohio, has been sentenced to four years and three months in prison for stealing over 712 Bitcoin from the darknet bitcoin mixer, Helix. The stolen cryptocurrency was subject to forfeiture in a then-pending…

Altcoins
Altcoins at a Glance – Important Updates About DOGE, MATIC, Mastercard, and Venmo

Welcome back to Altcoins at a Glance, your quick shot of Altcoin news. We know your time is precious so combed through the latest news and summarize it for you.  Binance Introduces DOGE/TUSD Pair Venmo Users Can Transfer Bitcoin and…

crypto adoption
Crypto Transfers Are Now Allowed in the Popular Platform Venmo

Venmo, a popular payment app, has enabled a new feature that allows users to transfer cryptocurrencies to other Venmo and PayPal wallets, as well as to other crypto wallets. This new feature will be available to customers starting May 2023.…

Banks Crypto
Hong Kong to Be the Next Crypto Nexus

Hong Kong, a former Crown Colony, is fast becoming a haven for crypto companies. A statement written by Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), discussed how to handle virtual asset-related entities. He reminded banks…

Cryptocurrency
Apparent Blacklisting of Crypto from Banks Being Investigated by Congress

Heads of three House committees, Patrick McHenry (NC-10) of Financial Services, French Hill (AR-02) of Digital Assets, Financial Technology and Inclusion, and Bill Huizenga (MI-04) of Oversight and Investigations, wrote to the top executives of the Federal Reserve, the FDIC,…

Cryptocurrency
Global Consensus on Crypto Regulation is Essential for Effectiveness, Asserts India’s Finance Minister Nirmala Sitharaman

Nirmala Sitharaman Advocates for International Collaboration on Crypto Regulation India’s Finance Minister Nirmala Sitharaman has stated that regulating cryptocurrencies without global consensus would be ineffective. Speaking at the Thinkers Forum in Karnataka, she explained that international collaboration is crucial for…

Cryptocurrency
Popular Star Taylor Swift Dodged the FTX Bullet

The FTX fallout affected a lot of companies and retail investors. This understandably earned the ire of a lot of people who demanded their pound of flesh. Celebrities, who were paid to endorse the collapsed crypto platform, were not spared…