FIFA Chooses Avalanche for NFT Platform’s Blockchain FIFA, the international soccer governing body, is diving deeper into the world of blockchain technology. They’ve selected Avalanche to power their new blockchain network dedicated to non-fungible tokens (NFTs) and boosting fan engagement. This move aims to connect with FIFA’s massive global fanbase, estimated at over five billion…
Bitcoin’s Market Cap Surpasses Amazon on “Pizza Day” In a notable milestone for the crypto world, Bitcoin’s market capitalization has exceeded that of Amazon, the well-known e-commerce and tech giant. This occurred on “Bitcoin Pizza Day,” adding extra significance to the event. Bitcoin’s rise reflects growing confidence and interest in the cryptocurrency market. Bitcoin Overtakes…
Crypto Market Soars as Bitcoin Hits New Highs The cryptocurrency market is experiencing a significant upswing, with the total market capitalization increasing by 2.5% to $3.48 trillion on May 22. This marks the first time since February that the market cap has reached this level. Increased trading volume and Bitcoin’s record-breaking performance are fueling this…
Can ChatGPT-Powered AI Agents Really Trade Crypto for You? The world of crypto trading is constantly evolving, and now, ChatGPT-powered AI agents are entering the scene, promising to automate tasks and potentially enhance trading strategies. These tools aim to take the emotion and constant monitoring out of crypto trading by using natural language processing to…
Crypto Travelers Spend Big: Binance Pay and Travala Report Reveals Surprising Trends The world of travel is changing, and cryptocurrency is playing a bigger role than ever. A recent report by Binance Pay and Travala highlights some interesting trends in crypto-based travel, showing that those who use digital currencies for their bookings spend significantly more…
Stablecoin Bill Gains Momentum Amidst Crypto Regulation Discussions The crypto world is buzzing as a bill designed to regulate stablecoins in the U.S. gains traction. According to a recent CNBC report, David Sacks, a key advisor to President Trump on crypto and AI, believes the stablecoin bill is likely to pass the Senate with bipartisan…
Dubai’s Crypto Regulator Clarifies Rules for Real-World Asset Tokenization Dubai is making strides in the crypto world by clarifying its regulations around real-world asset (RWA) tokenization. This move provides a clearer path for virtual asset service providers (VASPs) operating in the region, offering a framework for issuing and listing RWA tokens. The updated guidelines from…
Bitcoin ‘Looks Exhausted’ as Some Analysts Predict a Correction to $69K After reaching new all-time highs, Bitcoin (BTC) is facing skepticism from traders who anticipate a pullback. Concerns are rising that the current bull market may be nearing its end, with some analysts forecasting a significant correction. This outlook considers both historical price patterns and…
Spotting Crypto Scams: 5 Red Flags to Watch Out For The world of cryptocurrency can be exciting, but it’s also filled with potential traps. Shilling, the act of promoting a crypto with exaggerated claims, is a common tactic used to drive up prices artificially. The goal? To get unsuspecting investors to buy in, then cash…
Coinbase Hacker Taunts Investigator After $42.5M Crypto Swap A recent data breach at Coinbase has taken a bizarre turn, with the hacker now taunting blockchain investigator ZachXBT after a significant cryptocurrency swap. The incident highlights ongoing security concerns and the increasing scrutiny of platforms like THORChain for their potential role in facilitating illicit transactions. This…
Microsoft Tackles Lumma Stealer Malware in Broad Cybersecurity Push Microsoft has taken significant legal action against Lumma Stealer, a notorious information-stealing malware. The tech giant has successfully blocked thousands of websites associated with the malware, marking a major victory in the ongoing battle against cybercrime. This action underscores the increasing importance of crypto regulation and…
Pakistan Establishes Digital Asset Authority to Oversee Crypto Pakistan is taking a significant step towards regulating its blockchain and cryptocurrency sector. The Ministry of Finance has reportedly approved the creation of the Pakistan Digital Assets Authority (PDAA), a dedicated body designed to oversee and regulate the burgeoning digital asset landscape in the country. This move…
Crypto Whale Bets $1.1 Billion on Bitcoin Long Position The world of cryptocurrency trading is known for its volatility and high-stakes maneuvers. Recently, a crypto whale made headlines by opening a massive $1.1 billion long position on Bitcoin (BTC) with 40x leverage on the decentralized exchange Hyperliquid. This move has stirred the crypto community, marking…
BlackRock’s Bitcoin ETF Sees Massive Inflows as BTC Price Surges The world of Bitcoin ETFs is heating up, with BlackRock’s IBIT leading the charge. As reported by Cointelegraph, recent data shows a significant surge in inflows into these investment vehicles, coinciding with Bitcoin’s impressive price rally. IBIT’s Record-Breaking Day BlackRock’s iShares Bitcoin Trust (IBIT) experienced…
Synthetix Abandons $27 Million Derive Acquisition Plan After Community Pushback In a surprising turn of events, the decentralized finance (DeFi) platform Synthetix has decided to scrap its $27 million acquisition of the crypto options platform Derive. This decision comes after significant negative feedback from both the Synthetix and Derive communities. The deal, which involved a…
Bitcoin Surges Past $110,000, Marking a New All-Time High Bitcoin is making headlines again as it continues its impressive rally, achieving a new all-time high. The world’s leading cryptocurrency has broken past previous price peaks, driven by growing institutional interest and evolving market dynamics. Let’s dive into the details of this exciting surge. New Price…
Australian Regulator Seeks High Court Appeal in Block Earner Case The Australian Securities and Investment Commission (ASIC) is escalating its legal battle with fintech firm Block Earner, seeking permission from the High Court to appeal a previous ruling. The core issue revolves around clarifying the definition of a “financial product” under Australian law, particularly in…
VanEck Steps into Avalanche with New Ecosystem Fund VanEck is expanding its reach in the digital asset space with the launch of a new fund focused on the Avalanche blockchain. The PurposeBuilt Fund aims to invest in Web3 projects built on Avalanche, targeting sectors like gaming, financial services, and artificial intelligence. This move highlights the…
Bipartisan Support Emerges for Blockchain Regulation Amid Crypto Industry Concerns In a notable development for the crypto space, a bipartisan effort is underway in the U.S. Congress to provide regulatory clarity for blockchain technology. As reported by Cointelegraph, the Blockchain Regulatory Certainty Act, reintroduced by Minnesota Representative Tom Emmer, aims to define that digital asset…
CFTC Commissioner Kristin Johnson Announces Departure Amid Regulatory Uncertainty The U.S. Commodity Futures Trading Commission (CFTC) is facing a potential leadership shakeup as Commissioner Kristin Johnson announced her plans to leave the agency before 2026. This news arrives amidst ongoing debates about the future of crypto regulation and the roles of agencies like the CFTC…
