a sort of electronic or virtual money It functions as regular money, such as dollars, pounds, euros, yen, and so on. However, it has no physical counterparts — banknotes or coins that can be carried about — and hence exists only in electronic form.
FTX, the bankrupt cryptocurrency exchange, is set to appeal to a judge on Tuesday, June 25, for permission to let its customers vote on a cash repayment plan. According to Reuters, the U.S. Bankruptcy Judge John Dorsey will hold a hearing to approve the plan to initiate the voting process ...
The U.S. Department of Justice (DOJ) has indicted two high-ranking members of the Mexican drug cartel, La Nueva Familia Michoacana, Rodolfo Maldonado-Bustos and Euclides Camacho-Goicochea, on charges of conspiracy to distribute and import heroin into the United States. The announcement, made on June 21, 2024, revealed that the cartel leaders ...
The Zimbabwean government has asked for public input from stakeholders as it tries to develop regulations for the use of cryptocurrency in the country. According to a Bloomberg report, the government announced on Wednesday, June 12, that all cryptocurrency service providers, both domestic and international, offering services to Zimbabwean customers ...
Blockchain analytics platform CoinGecko has confirmed that its third-party email management platform GetResponse was a victim of a data breach that exposed the contact details of over 1.9 million of its users. In a press release on June 7, 2024, the platform explained that the breach was a result of ...
Media personality and internet celebrity Caitlyn Jenner has been implicated in a series of questionable on-chain transactions involving her newly launched memecoin, $JENNER. On-chain analytics platform Lookonchain released a report on May 31, revealing Jenner's alleged involvement in the launch and subsequent manipulation of the token. The platform identified certain ...
The EOS community, in a significant move, has approved a proposal to reduce by burning nearly 80% of the current $EOS supply. The proposal, which included several key changes to EOS's current tokenomics, will reduce the current supply of 10 billion $EOS to just 2.1 billion in a bid to ...
In the United States, a significant crackdown is underway on individuals involved in buying and selling child sexual abuse material (CSAM) using cryptocurrencies. U.S. Senators Elizabeth Warren and Bill Cassidy are leading efforts to ensure that federal agencies are fully equipped to track down crypto transactions linked to the sale ...
In January 2024, Bitcoin's on-chain volume reached a six-month high, according to data from The Block. The reported number of transactions on the blockchain tripled compared to September 2023, totalling a record $1.21 trillion worth of Bitcoin moved on-chain. This spike follows the comparatively lower volume of $550 billion in ...
The Governor of the popular Indonesian province and tourist hot spot, Bali, recently issued a strong warning against using cryptocurrencies as a form of payment in the region. During a press conference on May 28, 2023, Governor Wayne Koster emphasized that tourists who attempt to use Bitcoin or other cryptocurrencies ...
Independent Reserve, an Australian cryptocurrency exchange, is considering opening a branch in Hong Kong as the city strives to establish itself as a major cryptocurrency hub. Independent Reserve already has licenses to operate in Australia, Singapore, and New Zealand. According to reports, Adrian Przelozny, co-founder and CEO of Independent Reserve, ...
