Crypto news

The American actor – Matt Damon – partnered with Crypto.com in 2021 to become the face of its marketing campaign. However, the ad called “Fortune favors the bold” received severe backlash from the community. In a recent interview, he admitted that the exchange distributed $1 million to his charity entity, water.org, which has become his main motive behind the deal. Like many other rivals, Crypto.com launched several marketing efforts during the bull run in 2021. One of its...

The President of the United States – Joe Biden – thinks the turbulence that recently shook the banking sector is not entirely gone. As such, his cabinet is ready to impose further legislative changes to cope with any potential issues in the future. Two of America’s leading banks – Silicon Valley Bank (SVB) and Signature Bank – experienced severe operational issues and were shut down by regulators earlier this month. Major institutions outside the States, including Credit...

A controversial bill to ban the popular social media app TikTok could potentially be used to clamp down on crypto, say legal policy experts at Coin Center. The crypto-focused non-profit claimed that, in extreme cases, the legislation could be used to “block Americans’ access to open source tools or protocols like Bitcoin.” A Silent Attack On Crypto? The Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act (aka RESTRICT Act),...

A former employee at a high school in Cohasset has been arrested for running a secret crypto mining facility underneath the building that employed him. Nadeam Nahas – age 39 – served as the assistant facilities director at the high school in question, which remains unnamed at the time of writing. Nadeam Nahas Will Have to Explain Himself Initially, Nahas was just set to appear in a Quincy District Court to explain himself and the reasoning behind creating such an...

Besides its basic offerings, Wakweli is also bound to offer other advanced utilities or use cases that can add extra value to all Polygon users who adopt its solution. Wakweli, a Web 3.0 infrastructure service provider has inked a strategic partnership with Polygon, an Ethereum-based layer-2 protocol. According to the partnership details as contained in a Press Release shared with Coinspeaker, Wakweli will extend its Non-Fungible Token (NFT) certification technology to Polygon for the...

Following the disclosure, there are questions concerning how compliant the exchange has been with regulations. The Financial Times has reported the possible existence of a Binance-China link. FT cited it was in the possession of some internal documents belonging to Binance.  FT noted that these documents contradict past claims by various Binance executives, including Changpeng Zhao. In one such claim, CZ hit back at critics who accused Binance of being state-sponsored. CZ noted that...

XRP has been defying the market-wide decline as it continued its impressive recovery for the month. The asset – that is at the center of the Ripple lawsuit brought by the US Securities and Exchange Commission (SEC) – has surged by nearly 13% over the past day alone. XRP Surges to 10-Month High According to data on CoinMarketCap, XRP was currently trading at $0.58, a level not seen since May 2022. The decoupling from the broader market has fetched nearly 60% gains for the...

Residents of the island of Jersey off the coast of the United Kingdom have fallen victim to several crypto fraud schemes as of late. Thus far, more than 600,000 pounds have been lost to these scams over the past three months. People in Jersey Are Falling Victim to Crypto Scams Law enforcement agents in Jersey say the scammers are using phony social media accounts and advertisements to play up the crypto space to people on the island. They also use what they’re calling...

Das waren noch Zeiten, als man seine Grafikkarten und Mainboards in einem improvisierten Shop in einer Wohnung in Altstetten abholen musste. Heute ist alles ganz anders, Digitec ist gewachsen. Und obwohl der Handel mit Computer Hardware einer der am härtesten umkämpften Märkte ist, ist Digitec seit Jahren die unbestrittene Nummer 1 der Schweiz. Niedrige Margen, hoher Frankenkurs und Konkurrenz aus dem In- und Ausland konnten Digitec nichts anhaben: Die Digitec Galaxus AG ist der grösste...

The Twitter community has taken it up to express their stances on the new rule by Elon Musk, noting that giving more power to only verified users could be dangerous. Twitter users have reacted to the latest news by Elon Musk to strictly allow tweets from verified users to appear in the For You tab. The billionaire announced the decision to let only messages from Twitter users with the blue tick pop in the For You recommendation feed from April 15. Musk began to charge for verification...