Cardano Foundation, the non-profit organization behind the Cardano ecosystem, has unveiled its financial report for 2023, detailing its expenses across three major areas. Notably, the Financial Insights Report is the foundation’s first and part of its efforts to uphold the principles of transparency and openness. According to the report, the Cardano Foundation primarily spent most […]
Authorities have confirmed that the body of Kevin Mirshahi, a cryptocurrency influencer abducted in June, has been found in Montreal. A passerby discovered Mirshahi’s remains in Île-de-la-Visitation Park, located in the Ahuntsic-Cartierville district, on October 30. Mirshahi’s death has added to Montreal’s rising homicide count, bringing the city to its 32nd case this year. Kevin […]
Consensys has announced the launch of Linea Association, an independent Swiss non-profit organization, to drive the growth and development of Linea, a zero-knowledge Ethereum Virtual Machine (zkEVM) Layer-2 rollup. The association will focus on advancing Linea’s open-source technology and governance, as well as Linea Mainnet. This move represents a step toward decentralizing the Linea network. According […]
Genius Group Limited has announced a new “Bitcoin-first” strategy, making the cryptocurrency its primary treasury reserve asset. The move follows a recent restructuring of Genius Group’s Board of Directors to include blockchain and Web3 experts. “Bitcoin-First” Strategy According to a November 12 press release, the AI-driven education and business acceleration firm plans to allocate at […]
During a recent appearance on Fox News, Ripple’s chief executive, Brad Garlinghouse, spoke about the aftermath of Donald Trump’s victory in the 24 US presidential elections. He believes the US crypto industry will benefit a lot from a more ‘lawful’ administration. The US Crypto Industry Won Although it has been just a week or so […]
Ukrainian crypto holder Viacheslav Leibov was robbed by a group of armed men in Phuket, Thailand, on November 8th. The incident led to a loss of 250,000 USDT and marks the latest in a series of security incidents involving crypto investors across major cities. Armed Robbery According to the report by Bangkok Post, the 23-year-old, […]
The cryptocurrency market went through a somewhat painful correction yesterday, but most assets are back in the green today. Cardano’s native token has emerged as one of the top performers, surging by more than 20% and exceeding $0.75 earlier today for the first time since March this year. This places the asset’s weekly gains at […]
TL:DR; The two best performers from the larger-cap alts over the past few days have been Ripple’s XRP and Cardano’s ADA. Perplexity analyzes each token’s chance to reclaim the coveted $1 price tag by the end of the year. XRP at $1 It seems fueled by the growing speculations that the current SEC chair, Gary […]
Ilya Lichtenstein, a 35-year-old programmer, was sentenced to five years in prison for his part in laundering Bitcoin stolen from the Bitfinex crypto exchange. The U.S. Department of Justice (DOJ) announced the sentence, marking a significant development in a case involving the theft of nearly 120,000 BTC, valued at $71.8 million in 2016 but worth […]
Bitcoin experienced a short-term pullback at the end of the business week, slipping below $87,000 briefly after registering its latest all-time high of nearly $94,000 on Wednesday. However, the worst could be over as the asset has recovered most of the losses and currently sits above $91,000. At the same time, on-chain factors have emerged […]