Day: 13 November 2024

The United States has earned itself the reputation of being "the land of opportunity", and that was very true in the early days of cryptocurrency. The country was home to startups and investments that fueled innovation and growth in the space. However, the environment has shifted dramatically in recent years ...

As the cryptocurrency market experiences an uptrend, savvy investors, often known as "whales," are seizing the opportunity to accumulate promising altcoins in anticipation of even greater returns. With renewed optimism and positive momentum across the market, whales strategically position themselves in key projects that experts believe are poised for explosive ...

U.S. President-elect Donald Trump has appointed tech entrepreneur Elon Musk and business leader Vivek Ramaswamy to lead the Department of Government Efficiency (DOGE), an initiative aimed at reducing government spending. DOGE's primary mission is to address the massive $6.5 trillion federal budget, targeting areas of wasteful spending and excessive regulations. ...

The Cardano Foundation, a nonprofit organization focused on advancing the Cardano blockchain ecosystem, has reported assets totalling $478 million for 2023, with most of these held in Cardano's native ADA tokens. According to its 2023 Financial Insights Report, released on November 13, around 82.5% of the foundation's assets are in ...

Ronin Network has announced a substantial upgrade for its decentralized exchange (DEX), Katana. The v3 upgrade, scheduled for late November, is designed to enhance trading efficiency and capital utilization. It will introduce concentrated liquidity pools, allowing traders and liquidity providers (LPs) to experience deeper liquidity and reduce slippage on the ...

According to Russia's state news agency TASS, a Kremlin official has cautioned that Russia could face an energy shortage within the next 5 to 10 years due to the rapid growth of crypto mining. Maxim Oreshkin, deputy head of the presidential administration, raised concerns about pressure on Russia's energy supply ...

Consensys’s Layer 2 network, Linea, has announced the creation of the Linea Association, an independent Swiss non-profit, to foster the network’s growth, development, and decentralized governance. According to the project’s press release, this move marks a significant step towards decentralizing the zero-knowledge Ethereum Virtual Machine (zkEVM) rollup project and its ...

In 2024, cryptocurrency continues to provide investors with unprecedented opportunities to grow wealth passively. Among the most lucrative options is crypto staking, where investors earn rewards by locking up their digital assets to support network operations and earn rewards. However, not all staking platforms offer equal returns. Keynode.net is setting ...

Thai authorities have dismantled nine illegal Bitcoin mining operations, arresting two individuals in electricity theft worth over $280,000. The crackdown, reported by The Straits Times, highlights ongoing efforts to curb illicit cryptocurrency activities in the country. The operation in Surat Thani province is part of a rising trend of illegal ...

Daren Li could face a maximum of 20 years in a United States prison after pleading guilty to laundering millions in stolen funds through cryptocurrency scams.  According to a plea deal filed on November 11 in a U.S. federal court, the 41-year-old dual citizen of China and St. Kitts and ...