Kenya Set to Embrace Cryptocurrency: Government Prepares Legislation to Regulate Virtual Assets
Kenya is set to introduce legislation that would permit the use of cryptocurrencies. Kenyans Retain Interest in Crypto Despite Government...
Month: January 2025
XRP Market Update: $2.30 Support Holds the Key to Breaking $2.50 Resistance
XRP is trading at $2.39, reflecting a 5.6% increase over the past 24 hours. Its market capitalization stands at $137...
Base Blasts Off 219% as NFTs Hit $155M This Week: Winners, Losers, and Big Spenders
Non-fungible token (NFT) sales climbed 10.7% over the past week, amassing $155.6 million in sales within a seven-day window. Penguins,...
VCs: Unlikely Heroes of Crypto Fundraising? Expert Says Current System Is Flawed, Better Models Exist
A founder of the Web3 product studio argues that venture capital (VC) participation in token launch events has filled the...
Key Developments Propel World Network to 20M Participants in 2024
World, formerly recognized as Worldcoin, disclosed the project achieved progress in 2024, marking a transformative chapter for the initiative. The...
Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits
Bitcoin’s network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the...
Ripple’s RLUSD Powers California Wildfire Relief With Crypto Donation
Ripple and Moonpay have made a joint donation of $50,000 worth of RLUSD, Ripple’s new stablecoin tied to the U.S....
DOJ Indicts 3 Russians for Operating Crypto Mixers Linked to Cybercrime
Russian nationals face charges for allegedly using cryptocurrency mixers to launder proceeds from ransomware, wire fraud, and theft, obscuring illicit...
Santander: El Salvador’s Bitcoin Adoption Fuels Tourism Boom
El Salvador’s tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving...
Crypto’s Wild Week: $190B Wiped Out as Markets Stage a Fragile Comeback
Over the past week, the cryptocurrency market has faced a decline, shedding $190 billion since Jan. 4. However, by Friday,...
Hal Finney’s Wife Celebrates Iconic ‘Running Bitcoin’ Post 16-Year Anniversary With Fourth ALS Run
Just seven days after Satoshi launched the Bitcoin network on January 3, 2009, Hal Finney, the first person to ever...
Russia Begins Liquidating Seized Bitcoins From Bribery-Convicted Official
The Russian government has started selling part of the 1,032 bitcoins seized from former investigator Marat Tambiev, convicted of taking...
Spot Bitcoin ETFs Celebrate 1 Year With $106.82 Billion in BTC Reserves
Two days ago on Jan. 8, spot bitcoin exchange-traded funds (ETFs) and their ether equivalents faced significant outflows, yet the...
Genius Group’s Bitcoin Holdings Rise to 372 BTC With New $5 Million Purchase
The latest $5 million purchase of bitcoin has boosted Genius Group’s “bitcoin first” strategy with the company on track to...
Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue
USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy...
