• Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign
    by Andrew Throuvalas on April 13, 2024 at 12:18 am

    John Deaton, a beacon of the crypto industry running for U.S. senate, is beginning to look like a legitimate threat to Elizabeth Warren’s seat. The post Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign appeared first on Cryptonews.

  • Top Crypto Gainers Today on DEXTools – 420, WOPE, PEP
    by Joel Frank on April 12, 2024 at 11:29 pm

    On a day where cryptocurrency markets were roiled by geopolitical tensions in the Middle East and most major altcoins posted declines of north of 10% in the past 24 hours, traders flocked to the on-chain shitcoin markets to find top crypto gainers today. The post Top Crypto Gainers Today on DEXTools – 420, WOPE, PEP appeared first on Cryptonews.

  • XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming?
    by Joel Frank on April 12, 2024 at 10:43 pm

    The XRP (XRP) price came under heavy selling pressure on Friday, dumping 11% to $0.54 amid a crash in altcoin markets due to rising concerns about a potential US/Israel versus Iran war. The post XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming? appeared first on Cryptonews.

  • Australian Crypto Mining Companies Collapse into Liquidation Owing 450 Investors
    by Sujha Sundararajan on April 12, 2024 at 9:55 pm

    ASIC launched civil proceedings against three crypto mining firms, collectively known as NGS Companies, including its directors. The post Australian Crypto Mining Companies Collapse into Liquidation Owing 450 Investors appeared first on Cryptonews.

  • Robert Kiyosaki Says No to Spot Bitcoin ETF Investments
    by Jimmy Aki on April 12, 2024 at 9:17 pm

    Prominent author of “Rich Dad, Poor Dad,” Robert Kiyosaki, stated on April 12 that he would never participate in exchange-traded funds (ETFs) that track Bitcoin spot prices or in any other “Wall Street financial products.” The post Robert Kiyosaki Says No to Spot Bitcoin ETF Investments appeared first on Cryptonews.

  • Cryptocurrency Prices Dump As Middle Eastern Tensions Trigger Risk-off Panic – Here’s The Latest
    by Joel Frank on April 12, 2024 at 9:03 pm

    Cryptocurrency prices dumped on Friday as rising Middle Eastern tensions triggered risk-off panic selling across financial markets, with Bitcoin (BTC) losing 5% in the past 24 hours to fall under $67,000, and Ether (ETH) dropping 9% to the $3,200 area. The post Cryptocurrency Prices Dump As Middle Eastern Tensions Trigger Risk-off Panic – Here’s The Latest appeared first on Cryptonews.

  • Craig Wright Drops Norwegian Defamation Appeal Over Satoshi Nakamoto Claims
    by Julia Smith on April 12, 2024 at 8:15 pm

    Craig Wright, an Australian computer scientist who claims to be bitcoin founder Satoshi Nakamoto, has dropped his appeal in a Norway defamation case against well-known X user Hodlonaut (a.k.a. A Marcus Granath), a statement posted to X Thursday by Bitcoiner alleges. News of Wright’s failed appeal comes just two months after the so-called Satoshi was deemed not to be the Bitcoin founder by London’s High Court. The post Craig Wright Drops […]

  • Payment Use Cases Fuel Increasing Stablecoin Growth
    by Rachel Wolfson on April 12, 2024 at 7:53 pm

    The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin.  Launching a stablecoin is a natural step for Ripple as we bridge the gap The post Payment Use Cases Fuel Increasing Stablecoin Growth appeared first […]

  • Hong Kong Set to Approve Bitcoin and Ether ETFs as Early as Monday
    by Thomas Musgrave on April 12, 2024 at 7:24 pm

    The potential approval of Bitcoin and Ether ETFs in Hong Kong could occur as soon as Monday, with asset management firms like Harvest Fund Management anticipating the green light. Collaborating with Hong Kong Exchanges & Clearing Ltd, the Securities and Futures Commission seeks to finalize the approval process by the end of April.  The post Hong Kong Set to Approve Bitcoin and Ether ETFs as […]

  • UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance
    by Jimmy Aki on April 12, 2024 at 7:23 pm

    The Competition and Markets Authority (CMA) of the United Kingdom, under the direction of Sarah Cardell, has voiced its dissatisfaction with AI Foundation Models (FMs) that are owned by a small number of tech companies. The post UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance appeared first on Cryptonews.

  • Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss Stablecoin Bill: Punchbowl News
    by Julia Smith on April 12, 2024 at 6:01 pm

    Leading U.S. lawmakers from the House Financial Services Committee (HSFC) met with Senate Majority Leader Chuck Schumer Thursday afternoon to discuss their upcoming stablecoin bill, Punchbowl News has reported. Thursday’s meeting marks the latest move by McHenry and Waters to advance stablecoin regulation despite pushback from other lawmakers. The post Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss […]

  • Best Crypto to Buy Now April 12 – BTT, CRO, BNB
    by Joel Frank on April 12, 2024 at 5:33 pm

    As blue-chip cryptocurrencies consolidate within recent ranges, with Bitcoin (BTC) continuing to swing either side of $70,000, traders and investors are looking for the best crypto to buy now in the altcoin market that might offer the prospect of quick gains. The post Best Crypto to Buy Now April 12 – BTT, CRO, BNB appeared first on Cryptonews.

  • Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
    by Thomas Musgrave on April 12, 2024 at 5:16 pm

    Driven by the crypto rally, Bitget’s Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users. The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report appeared first on Cryptonews.

  • Is It Too Late to Buy Bittensor? TAO Price Falls After Binance Listing as Spotlight Shifts to Solana’s Hidden New Coin
    by Tim Hakki on April 12, 2024 at 5:02 pm

    Cutting edge AI token Bittensor (TAO) has fallen 20%  in 24 hours to trade at $572, only a day after listing on Binance in what looks like “buy the rumour, sell the news” trading activity, according to data by Coin Gecko. Bittensor is a pioneering peer-to-peer (p2p) machine learning protocol that incentivizes participants to train The post Is It Too Late to Buy Bittensor? TAO Price Falls After Binance Listing as Spotlight Shifts to […]

  • ‘SHORK’ Token Explodes 15,000% and Now Traders are Watching This New Coin Poised for a Price Surge in 24 Hours
    by Sam Cooling on April 12, 2024 at 4:58 pm

    Shark-themed SHORK price has exploded to become today’s strongest Solana meme coin market performer, but could another coin be the next to explode? This article will provide an analysis of SHORK’s current price trends and look to see whether an innovative multichain token, Dogeverse, represents a more promising investment opportunity at this time. For those The post ‘SHORK’ Token Explodes 15,000% and Now Traders are Watching This New […]

  • Nikolaj Rosenthal, CEO of Myrmidon, on ETH, Staking-as-a-Service, Non-Custodial Staking, and the Ethereum ETF | Ep. 325
    by Sead Fadilpašić on April 12, 2024 at 4:47 pm

    Nikolaj Rosenthal, former ice hockey star and CEO of non-custodial staking provider Myrmidon, discusses his switch from a professional sports player to a crypto entrepreneur, accepting BTC as salary seven years ago, establishing a staking-as-a-service, new chains coming to Myrmidon soon, why ETFs are useful but going against the basic crypto ethos, how Myrmidon ensures true coin ownership, and the pros and cons of the four staking types. The […]

  • Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin Seized by UK Police
    by Harvey Hunter on April 12, 2024 at 4:45 pm

    The victims of an investment fraud scheme have called on China to negotiate with the UK government to recover 61,000 Bitcoin seized in a money laundering investigation, valued at $4.3 billion at the time of publication. The post Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin Seized by UK Police appeared first on Cryptonews.

  • Explore BlockDAG’s Journey to Becoming a Top 10 Crypto by Q4 2024 with Projected 30,000X ROI Eclipsing Solana and PEPE
    by Michael Graw on April 12, 2024 at 3:40 pm

    Embark on an exploration of BlockDAG‘s ambitious journey to ascend into the top 10 cryptocurrencies by 2024, boasting a projected 30,000X return on investment that aims to overshadow the accomplishments of industry giants like Solana and PEPE. BlockDAG stands out with its innovative integration of blockchain and Directed Acyclic Graph (DAG) technologies, promising unparalleled security The post Explore BlockDAG’s Journey to Becoming a Top […]

  • Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
    by Hassan Shittu on April 12, 2024 at 2:55 pm

    Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023. The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews.

  • Floki Price Prediction as FLOKI Drops 4% Overnight – What’s Going On?
    by Simon Chandler on April 12, 2024 at 2:41 pm

    Floki Inu has fallen by 4% in the past 24 hours, with the FLOKI price sinking to $0.0001929 as the wider crypto market sees a very slight 0.5% dip today. The post Floki Price Prediction as FLOKI Drops 4% Overnight – What’s Going On? appeared first on Cryptonews.

  • Did Lockdowns Set A Global Revolt In Motion?
    by Tyler Durden on April 13, 2024 at 1:40 am

    Did Lockdowns Set A Global Revolt In Motion? Authored by Jeffrey Tucker via The Brownstone Institute, My first article on the coming backlash – admittedly wildly optimistic – went to print April 24, 2020. After 6 weeks of lockdown, I confidently predicted a political revolt, a movement against masks, a population-wide revulsion against the elites, a demand to reject “social distancing” and streaming-only life, plus […]

  • Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections
    by Tyler Durden on April 13, 2024 at 1:20 am

    Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections On Friday, President Joe Biden announced that he would cancel the federal student debt of more than 277,000 Americans, equating to about $7.4 billion. This would bring the total of what is considered classical vote buying ahead of the November presidential elections to more than $153 billion, or forgiving the debt of 4.3 million people. […]

  • 20 Women Soccer Players Withdraw From League Over Transgender Players
    by Tyler Durden on April 13, 2024 at 1:00 am

    20 Women Soccer Players Withdraw From League Over Transgender Players Authored by Jim Birchall via The Epoch Times, Concerns over the physical safety of female-born football (soccer) players competing against transgender athletes have compelled at least 20 players to quit, according to a source from within a Sydney-based league. Calling itself the “biggest LGBTQIA+ women’s and non-binary football club in the world,” the […]

  • Hummer Reportedly Kills EV Base 2 Trim Level As Demand Cools 
    by Tyler Durden on April 13, 2024 at 12:40 am

    Hummer Reportedly Kills EV Base 2 Trim Level As Demand Cools  In the latest setback, General Motors has ditched the base trim level for the Hummer EVs, according to a new report from the autoblog GM Authority. The legacy automaker has delayed and slowed its EV initiative in recent months as the industry continues to slide.  GM Authority has learned that there will be no “base” 2 trim level for the Hummer EV, as was originally […]

  • School District Takes Next Step In Ditching Seattle Gifted Program
    by Tyler Durden on April 13, 2024 at 12:20 am

    School District Takes Next Step In Ditching Seattle Gifted Program Authored by Jason Rantz via mynorthwest.com (emphasis ours), Privileged progressives, donning their white knight armor, are in the next phase of a plan to end Seattle Public Schools’ gifted students program — known locally as its Highly Capable Cohort (HCC). They complained the HCC was too white. (Photo courtesy of KIRO 7) HCC separates academically gifted […]

  • The Freedom That Once Was The Internet
    by Tyler Durden on April 12, 2024 at 11:40 pm

    The Freedom That Once Was The Internet Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), It’s time to declare as regards the internet of old: Requiescat in Pace. In this photo illustration an internet page is displayed on a computer screen in London, England, on April 13, 2006. (Scott Barbour/Getty Images) It’s dead. We might as well face it. Nearly every large application and website in existence, meaning […]

  • Biden Punishes Drillers With 15-Fold Increase In Permitting Costs, Plans To Block Arctic Oil Extraction
    by Tyler Durden on April 12, 2024 at 11:20 pm

    Biden Punishes Drillers With 15-Fold Increase In Permitting Costs, Plans To Block Arctic Oil Extraction One week after the Biden administration slapped new regulations on key power grid components, the Washington Post reports that US oil and gas companies will face a 15-fold increase in costs to drill on federal land, under a new rule released on Friday. Workers operate a drilling rig while plugging an abandoned oil well north of […]

  • “I Cannot Afford To Live”: Americans Get Emotional As The US Economy Goes Off The Rails
    by Tyler Durden on April 12, 2024 at 11:00 pm

    “I Cannot Afford To Live”: Americans Get Emotional As The US Economy Goes Off The Rails Authored by Michael Snyder via The Economic Collapse blog, As we approach what is likely to be the most chaotic presidential election in U.S. history, troubling signs are starting to erupt for the U.S. economy.  In fact, CNN is actually admitting that “the long-predicted storm clouds in the economy may actually be forming”.  I can’t […]

  • Gun Control Activist David Hogg “Gets Wrecked” By Chinese Immigrant Who Escaped Communism
    by Tyler Durden on April 12, 2024 at 10:40 pm

    Gun Control Activist David Hogg “Gets Wrecked” By Chinese Immigrant Who Escaped Communism Earlier this week, elite liberal-leaning Ivy school Dartmouth College hosted a debate about gun control between radical leftist David Hogg and Libertarian vice presidential candidate Jeremy “Spike” Cohen. Late in the discussion, a Chinese immigrant who escaped the brutal hell of communism told Hogg in front of everyone in the auditorium […]

  • Denver Cuts Taxpayer Services, Diverts $90 Million To Support Illegal Immigrants
    by Tyler Durden on April 12, 2024 at 10:20 pm

    Denver Cuts Taxpayer Services, Diverts $90 Million To Support Illegal Immigrants Authored by Jana J. Pruet via The Epoch Times (emphasis ours), Denver Mayor Mike Johnston announced a major shift Wednesday in the city’s response to the illegal immigrant crisis, extending support to six months but with only about 1,000 spaces. Illegal immigrants rest at a makeshift shelter, in Denver on Jan. 6, 2023. Denver Mayor Mike Johnston […]

  • Brazil Reinstating Visa Requirements, Including Submitting Bank Statements, For U.S. Travelers
    by Tyler Durden on April 12, 2024 at 10:00 pm

    Brazil Reinstating Visa Requirements, Including Submitting Bank Statements, For U.S. Travelers Brazil is reinstating its visa requirement for US tourists, previously lifted in 2019. Although e-visas were briefly available, the system was abolished. The processing time for visas averages five working days, but officials advise applying two months in advance. Starting April 10, 2025, travelers from the US, Canada, and Australia must […]

  • Iran Readies Over 100 Cruise Missiles For Possible Strike Against Israel: US Officials
    by Tyler Durden on April 12, 2024 at 9:40 pm

    Iran Readies Over 100 Cruise Missiles For Possible Strike Against Israel: US Officials Update(1740): Multiple European airlines have canceled all flights to and from Iran, and flight trackers also indicate that skies above Israel are clear of civilian aviation. Speculation is at a frenzy over the ‘when & where’ of the coming Iranian retaliation attack. “Anonymous US officials” have been feeding alarming headlines to media […]

  • Japan’s Kishida Slams China In Address To Congress
    by Tyler Durden on April 12, 2024 at 9:40 pm

    Japan’s Kishida Slams China In Address To Congress Authored by Dave DeCamp via AntiWar.com, Japanese Prime Minister Fumio Kishida delivered an address to Congress on Thursday and declared China the “greatest strategic challenge” facing the world. “Close coordination between Japan and the US is required more than ever to ensure that deterrence that our alliance provides remains credible and resilient,” Kishida said, according […]

  • Gulf Allies Warn US Not To Launch Strikes On Iran From Their Territory
    by Tyler Durden on April 12, 2024 at 9:20 pm

    Gulf Allies Warn US Not To Launch Strikes On Iran From Their Territory America’s Gulf allies say they don’t want to get caught in the crossfire of any potential US/Israel and Iran shooting war. The United States has made it clear that it is ready to assist Israel in any potential response to Iranian attack. Tehran is poised to imminently retaliate for the April 1st Israeli airstrikes on its embassy in Damascus. The Arab Gulf […]

  • Swing-State Poll Shows Black Voters Abandoning Biden In Huge Numbers
    by Tyler Durden on April 12, 2024 at 9:00 pm

    Swing-State Poll Shows Black Voters Abandoning Biden In Huge Numbers Authored by Mike Shedlock via MishTalk.com, Blacks constitute only 14 percent of the voting age population, but the swings toward Trump are so huge they could decide the election. WSJ Swing State Poll, anecdotes in blue by Mish According to a Wall Street Journal Swing State Poll, blacks, especially black males are abandoning Biden in huge numbers. While […]

  • US Domestic Deposits Tumble $60BN As Small Bank Loan Volumes Shrank Most Since SVB
    by Tyler Durden on April 12, 2024 at 8:40 pm

    US Domestic Deposits Tumble $60BN As Small Bank Loan Volumes Shrank Most Since SVB Money-market funds saw a small outflow last week (surprisingly small given how close to Tax-Day we are), leaving them still near record highs over $6 Trillion (and the trend of increased deposits at banks has been accelerating)… Source: Bloomberg Interestingly, amid all the talk of tapering QT, The Fed balance sheet was basically unchanged last […]

  • The Beauty Parlor’s Full Of Sailors And The Circus Is In Town
    by Tyler Durden on April 12, 2024 at 8:20 pm

    The Beauty Parlor’s Full Of Sailors And The Circus Is In Town Authored by James Howard Kunstler via Kunstler.com, “They have tried to solve a wide range of insoluble problems, from the weather to poverty to viruses, and now they will attempt to solve us.” – Eugyppius This is that part of the movie where the hero — you — tumbles off the cliff on Kong Island in a lightning storm with a canyon full of tarantulas down […]

  • Gold & The Dollar Surged This Week, Stocks & Crypto Purged As Reflation & WW3-Risk Wreck Rate-Cut Hopes
    by Tyler Durden on April 12, 2024 at 8:00 pm

    Gold & The Dollar Surged This Week, Stocks & Crypto Purged As Reflation & WW3-Risk Wreck Rate-Cut Hopes Inflation fears/promises/threats were realized this week with CPI and PPI hot (yes PPI) and UMich infl exp rising too. Inflation data has been surprising to the upside all year and growth data not so much… Source: Bloomberg …and that rising inflation expectation wrecked the hopes and dreams of the doves this […]

  • “Support Your Local Antifa”: Alabama Man Arrested In Alleged Political Bombing
    by Tyler Durden on April 12, 2024 at 7:40 pm

    “Support Your Local Antifa”: Alabama Man Arrested In Alleged Political Bombing Authored by Jonathan Turley, Kyle Benjamin Douglas Calvert, 26, has become the latest Antifa member arrested for alleged political violence. Calvert is accused in the explosion of an IED device outside of Alabama Attorney General Steve Marshall’s office in downtown Montgomery at around 3:42 a.m. on February 24. For years, Democratic politicians […]

  • Boeing Doom-Loop Of Endless Crises Sends Shares Tumbling To Longest Losing-Streak In Five Years
    by Tyler Durden on April 12, 2024 at 7:20 pm

    Boeing Doom-Loop Of Endless Crises Sends Shares Tumbling To Longest Losing-Streak In Five Years Boeing shares tumbled to a 1.5-year low in New York on Friday afternoon after another scandal rocked the planemaker this week. The troubled planemaker has been trapped in an endless doom loop of scandals. From door plugs ripping off Boeing jets to tires falling off, runway excursions, engine fires, hydraulic leaks, and pilot seat […]

  • Washington Elementary School Permits Pride Club, Denies Prayer Group
    by Tyler Durden on April 12, 2024 at 7:00 pm

    Washington Elementary School Permits Pride Club, Denies Prayer Group Authored by Scottie Barnes via The Epoch Times (emphasis ours), A Washington state school is accused of violating two elementary students’ First Amendment religious freedom protections by denying their request to form an interfaith prayer club on campus. Coach Joe Kennedy praying on a football field. (Courtesy of First Liberty Institute) Creekside Elementary […]

  • The Case For Oil Gains Into A Weekend Wins Again Amid $100 Brent Call Frenzy
    by Tyler Durden on April 12, 2024 at 6:40 pm

    The Case For Oil Gains Into A Weekend Wins Again Amid $100 Brent Call Frenzy A few weeks ago, Bloomberg commodity expert Alex Longley,wrote – correctly – that given the geopolitical risk in the world, there’s hardly any reason for traders to brace for oil declines on a Friday. Fast forward to today, when that statement is even more true now than it was then. And as Longley follows up this morning, given markets globally are now […]

  • Starlink Reportedly Instructed To Shutdown In Zimbabwe By Government
    by Tyler Durden on April 12, 2024 at 6:20 pm

    Starlink Reportedly Instructed To Shutdown In Zimbabwe By Government Authored by L.S.M Kabweza via TechZim.co.zw, Techzim can reveal that the government of Zimbabwe has instructed Starlink to shut down services in the country. Users of the service received an email from the satellite internet service provider today, advising them it had been directed to disable services. Said the email: You are currently using Starlink in an […]

  • 18 Wheeler Truck ‘Intentionally’ Plows Into Texas Department Of Safety Building
    by Tyler Durden on April 12, 2024 at 6:00 pm

    18 Wheeler Truck ‘Intentionally’ Plows Into Texas Department Of Safety Building The Texas Department of Public Safety reports on X that a large tractor-trailer crashed into one of its buildings in the city of Brenham, located in east-central Texas in Washington County.  “A commercial motor vehicle ran into the Brenham DPS Office, and there are reports of multiple serious injuries,” DPS of Southeast Texas Region posted on X. […]

  • Fauci Adviser Secretly Messaged Zoologist Who Funneled Money to Chinese Lab: Emails
    by Tyler Durden on April 12, 2024 at 5:20 pm

    Fauci Adviser Secretly Messaged Zoologist Who Funneled Money to Chinese Lab: Emails Authored by Zachary Stieber via The Epoch Times, A top adviser to Dr. Anthony Fauci secretly messaged a zoologist who funneled money from Dr. Fauci’s agency to a laboratory in the Chinese city where the first COVID-19 cases appeared, according to newly disclosed emails. Peter Daszak speaks to media upon arriving at the Wuhan Institute of […]

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  • How Asia’s next crypto investment wave will be ignited from Bitcoin ETFs
    by Abel Seow on April 13, 2024 at 2:00 am

    On January 10, 2024, the U.S. Securities and Exchange Commission (SEC) approved multiple applications for spot Bitcoin ETFs. On day one, $4.6B in shares were traded, with cumulative trading volume exceeding the $50B mark by February 22. The ETF approval in the U.S. is expected to have a far-reaching impact across Asian markets where investment The post How Asia’s next crypto investment wave will be ignited from Bitcoin ETFs appeared first on […]

  • Bitfarms expands Bitcoin mining hashrate to 7 EH/s with Quebec upgrades
    by Mike Dalton on April 13, 2024 at 12:10 am

    Bitfarms announced on April 12 that it completed upgrades to its Bitcoin mining facilities in two locations, bringing its total hash rate to 7 EH/s. The company installed and activated over 5,000 T21 miners at two facilities in Québec, Canada. Bitfarms installed 3,168 T21s devices at its Garlock, Québec facility, plus 1,710 T21s and 100 The post Bitfarms expands Bitcoin mining hashrate to 7 EH/s with Quebec upgrades appeared first on […]

  • Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams
    by Mike Dalton on April 12, 2024 at 11:10 pm

    IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations. Crimes considered pure tax crimes involve failing The post Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams appeared first […]

  • Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a significant margin
    by Mike Dalton on April 12, 2024 at 10:25 pm

    Spot Bitcoin exchange-traded funds (ETFs) surpassed several predictions about their assets as their collective assets under management (AUM) hit $59.1 billion within the first three months of the year, Bitwise revealed in a research report on April 11. JP Morgan and Bitcoin investment management firm NYDIG anticipated that spot Bitcoin ETFs could achieve an AUM The post Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a […]

  • Lisbon Blockchain Conference to focus on education and connectivity in its fourth edition
    by Oluwapelumi Adejumo on April 12, 2024 at 9:30 pm

    Portugal-based Nova SBE Blockchain Club is hosting the fourth edition of the Lisbon Blockchain Conference on April 24 to discuss blockchain technology and its impact on business and the economy, according to a statement shared with CryptoSlate. The event will feature over 20 distinguished speakers slated to cover various aspects of the industry and is The post Lisbon Blockchain Conference to focus on education and connectivity in its fourth […]

  • Bitcoin’s crash to $64k causes meltdown for alts
    by Assad Jafri on April 12, 2024 at 8:58 pm

    Bitcoin’s (BTC) value plummeted below $65,000 on April 12, a stark drop from its $71,000 peak earlier in the day, as a wave of selling hit the crypto and equities markets, causing some altcoins to fall more than 15% in a matter of minutes. The decline mirrored a broader selloff across asset classes amid heightened The post Bitcoin’s crash to $64k causes meltdown for alts appeared first on CryptoSlate.

  • US court hands down historic sentence for smart contract hacker
    by Oluwapelumi Adejumo on April 12, 2024 at 7:02 pm

    A US court has sentenced Shakeeb Ahmed to three years in prison for hacking two separate decentralized crypto exchanges and stealing digital assets worth over $12 million, according to an April 12 statement from the US Department of Justice. The sentencing marks the first time someone has been convicted for hacking a smart contract. US The post US court hands down historic sentence for smart contract hacker appeared first on CryptoSlate.

  • Solana deploys congestion fix on devnet
    by Assad Jafri on April 12, 2024 at 6:15 pm

    Solana developers have released a new version of the validator client software to address persistent congestion issues and are urging validators to upgrade immediately. Anza, a spinoff of Solana Labs, spearheaded the development with the release of version 1.18.11 aimed at mitigating network congestion. Validator clients, essential in proof-of-stake blockchains like Solana, verify transactions to The post Solana deploys congestion fix on devnet […]

  • Ethereum Pectra upgrade promises major wallet improvements with EIP 3074 integration
    by Oluwapelumi Adejumo on April 12, 2024 at 4:00 pm

    Ethereum developers are currently deliberating the Pectra upgrade, which is poised to enhance various facets of the blockchain’s functionality. Tim Beiko, the Ethereum Foundation‘s protocol support lead, confirmed the development, revealing that the developers have agreed to include Ethereum Improvement Proposals (EIP) 3074 in the network’s slated overhaul. EIP 3074 EIP 3074 is a pivotal The post Ethereum Pectra upgrade promises major […]

  • Bitcoin’s looming halving event prompts massive accumulation
    by James Van Straten on April 12, 2024 at 3:18 pm

    Quick Take The aggregate accumulation by various Bitcoin cohorts, ranging from shrimps (holding less than one BTC) to super whales (10,000+ BTC), has surpassed the monthly issuance, painting a bullish picture for the future of BTC. We are rapidly approaching the next Bitcoin (BTC) halving, with the event now just days away. Currently, around 900 The post Bitcoin’s looming halving event prompts massive accumulation appeared first on […]