Category

NEWS

Federal Court Battle Continues as SEC Pursues Appeal in Ripple Labs Case

In a recent development that has left the cryptocurrency world buzzing, the battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to unfold. The dispute revolves...
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Cryptocurrency Exchange Bittrex Settles $24 Million Case with SEC

(Image credits: Forbes) In a significant development, Bittrex, a cryptocurrency exchange headquartered in Seattle, has reached a settlement agreement with the United States Securities and Exchange Commission (SEC), putting an...
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Worldcoin Cryptocurrency Users Face Hurdles as Platform Faces Technical Glitch

Users of the Worldcoin cryptocurrency project found themselves in a frustrating situation on Monday as they encountered technical difficulties while attempting to claim their grants on the platform. The disruption...
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Brazil’s Central Bank Launches DREX as Official CBDC

In a significant stride towards digitizing its financial landscape, the Central Bank of Brazil has unveiled “DREX” as the official name for the country’s forthcoming central bank digital currency (CBDC),...
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Cartels Embrace Crypto to Evade Detection in Money Laundering Operations

In a recent revelation, officials tracking cartels have uncovered an alarming trend where drug traffickers are increasingly turning to cryptocurrencies to facilitate their illicit activities. According to interviews with CNN,...
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PayPal Set to Launch Its Own Stablecoin PYUSD

(Image credits:Pymnts) In a groundbreaking move, Silicon Valley-based payments giant PayPal has revealed its plans to introduce a U.S. dollar stablecoin, in partnership with Paxos. The digital token, aptly named...
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Elon Musk Puts an End to Rumors: No Crypto Token from Twitter or X on the Horizon

In a surprising twist, tech billionaire Elon Musk has unequivocally quashed any lingering hopes of Twitter or X launching their own cryptocurrency token. The news, delivered without fanfare, emerged in...
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Kenya’s Clash with Worldcoin: Eyeball-Scanning Cryptocurrency Drama Unfolds

In a puzzling turn of events, Kenya and Worldcoin, the innovative cryptocurrency project led by Sam Altman, find themselves embroiled in a dispute over the suspension of services within Kenyan...
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Couple Pleads Guilty in Massive Bitfinex Hack Case

(Image credits:saltwire) In a stunning turn of events, Ilya Lichtenstein and Heather Morgan, the notorious duo behind the jaw-dropping 2016 Bitfinex hack, have entered guilty pleas in court, admitting their...
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GameStop Ends GameStop Wallet Crypto Locker Amid Regulatory Uncertainty

GameStop, the renowned gaming retailer, has made the decision to discontinue its crypto locker, GameStop Wallet, after a mere year of operation. The announcement came through an alert on the...
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