There is a strong insinuation that Jack Dorsey’s Block and some of its affiliated platforms may be involved in facilitating transactions for terrorist groups. Hence, Federal Prosecutors have reportedly launched an investigation into their internal practices.  Strong Evidence Against Cash App and Square A former employee of the financial technology firm established by Twitter co-founder […]

Genesis Global Capital, a cryptocurrency lending firm, has submitted a request to the U.S. Bankruptcy Court in the Southern District of New York for permission to sell around $1.6 billion worth of trust assets. This move comes as part of the company’s efforts to navigate its ongoing bankruptcy proceedings. The assets slated for sale are […]

MicroStrategy, a prominent player in the tech and blockchain space, has made waves with its latest unveiling: MicroStrategy Orange. This innovative platform represents a significant leap forward in decentralized identity (ID) solutions, harnessing the power of the Bitcoin network. At the MicroStrategy World Bitcoin for Corporations 2024 event, Executive Vice President Cezary Raczko took the […]

Bitcoin Price Prediction: Following a notable upsurge in January End, the Bitcoin price was relatively stable through this week. The daily candles with short bodies and longer ones reflect uncertainty and initiation from bulls and bears. However, a look at a lower time frame projects this consolidation as the formation of a bullish pennant pattern. […]

With the new partnership deal between MoonPay and Paypal, United States residents can now buy and sell over 100 different cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) using Paypal transfers via wallet, bank transfers, or debit cards. The MoonPay and PayPal Alliance In the past, PayPal users could buy digital assets like Bitcoin, Ethereum, Litecoin, […]

In a gripping revelation, a recent report has uncovered a significant development in the Terraform Labs financial scandal. Han Chang-joon, the former financial officer of the beleaguered company, has been extradited to South Korea after serving a prison sentence in Montenegro. This latest twist adds a layer of complexity to the international legal saga surrounding […]

zkSNACKs, the developer behind the Bitcoin privacy-focused Wasabi Wallet, is ceasing its coinjoin coordination service in the United States. The implementation is effective from June 1st, 2024. The company announced this on its blogpost. CoinJoin and zkSNACKs’ Decision The company’s decision is prompted by the regulatory environment which necessitated the reassessment of its effort to […]

The Terra Luna Classic community has approved developer Genuine Labs’ spending proposal to pay for the work completed by the developer team in the last few weeks. The proposal received majority support from Terra Classic validators. Terra Classic Community Approves Genuine Labs Proposal Terra Luna Classic developer Genuine Labs’ proposal 12019 surpassed the “pass threshold” […]

Renowned for his financial insights, Robert Kiyosaki, author of the bestselling book “Rich Dad Poor Dad,” recently shared his perspective on navigating the turbulent waters of the Bitcoin market. Addressing his audience through social media platform X, Kiyosaki delved into the unique opportunities that arise during market downturns. He emphasized the potential for wealth growth […]

Creator of the SNAP token, company Snap on Monday said that it will be laying off around 10% of its staff. According to a report by Reuters, Snap is currently in the process of laying off around 528 workers, joining other peers in the tech and financial sector who also announced workforce reduction. Snap to […]