Australian authorities have charged Brendan Gunn, the brother of breakdancer Raygun, for his purported role in a crypto-related fraud scheme. The Australian Securities and Investments Commission (ASIC) announced that Gunn is facing one count of dealing with money suspected to be the proceeds of crime. The Alleged Illegal Operations According to a March 5 statement, […]
TL;DR Ripple’s lawsuit with the SEC remains ongoing, with speculation that the company might be waiting for Paul Atkins to take over as Chairman of the agency to potentially drop or reduce the $125 million penalty. Prior to the SEC’s appeal, the firm was ready to pay the fine. Is Ripple Waiting for This? The […]
This week, the crypto market, led by bitcoin (BTC), received positive news and reacted accordingly. However, the reaction was short-lived, and the entire field has returned to stagnation and negative trajectories. A weekly report from the market analytics platform CryptoQuant revealed that real spot demand for BTC is still in contraction territory, while bitcoin’s apparent […]
A Bitcoin mining pool is a group of miners who combine their computational (hash) power to boost their chances of mining new blocks. To explain more simply, the miners connect the mining hardware at the pool’s server rather than creating your own. Moreover, the pool rewards are distributed among participants based on how much hash […]
Iris Ramaya Au, a 35-year-old Irvine resident and former girlfriend of a self-proclaimed cryptocurrency fraudster known as “The Godfather,” has agreed to plead guilty to a federal tax charge for failing to report more than $2.6 million in illicit income tied to her ex-boyfriend’s criminal activities. Au faces a single felony count of subscribing to […]
Crypto staking is the backbone of every Proof-of-Stake (PoS) blockchain. Without it, most crypto networks wouldn’t be able to secure their primary mechanism for security and transaction validation. That’s how important it is. Staking also ensures that validators have a financial incentive to act honestly, as their staked tokens can be slashed, either partially or […]
Coinbase-incubated Layer 2 network Base has announced acquiring the development team behind Iron Fish, a privacy-focused blockchain project. The latest move aims to boost privacy features within Base. The acquisition focuses on integrating the expertise of Iron Fish’s team and does not involve the Iron Fish blockchain or its native token, both of which will […]
President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration. Trump repeated his promises from his Thursday executive order to establish a Strategic Bitcoin Reserve, and to never sell America’s Bitcoin. “From this day on, America will follow the […]
XRP has been one of the most talked-about cryptos this week Now, a top analyst has claimed that the token could reach $10 as soon as December. Meanwhile, the new project BTC Bull Token continues to draw attention during its presale – with one expert forecasting that it will pump after listing on a DEX. […]
It’s been a crazy year so far for Solana, climbing past $290 in January before tumbling to $125 in late February. But according to one expert, a new project is positioned to turn things around – driving SOL to $300 by the end of the year. That project is Solaxy, a Layer-2 solution that’s already […]