Stacks, a Bitcoin layer 2 network, experienced an outage for 9 hours last week, leaving user transactions and blocks unprocessed for that entire period. Stacks Status, the official X account for the network’s updates, mentioned the cause was due to block reorganization (reorgs) on the layer 1 Bitcoin network and its miners behaving unexpectedly. “We are experiencing a delay in Stacks block production due to unexpected mining behavior and a Bitcoin reorg. Core developers in the ecosystem are...
Read More »Chinese Bank Executives Accused of $248M Crypto Money Laundering Scheme
CoinspeakerChinese Bank Executives Accused of $248M Crypto Money Laundering Scheme Chinese court documents show that a 44-year-old suspect named Chen helped launder at least 250 million yuan ($34.4 million) through his personal bank accounts for the former executives. Chinese Bank Executives Accused of $248M Crypto Money Laundering Scheme
Read More »Shiba Inu (SHIB) Whale Activity on Rise amid Heightened Crypto Selling Pressure
CoinspeakerShiba Inu (SHIB) Whale Activity on Rise amid Heightened Crypto Selling Pressure The significant adoption of the Shiba Inu (SHIB) ecosystem in the recent past has been fueled by the notable Shibarium growth. Shiba Inu (SHIB) Whale Activity on Rise amid Heightened Crypto Selling Pressure
Read More »AI Coins Slump as Google Trends Reveal Peak Retail Investor Interest
CoinspeakerAI Coins Slump as Google Trends Reveal Peak Retail Investor Interest Despite the current dynamics, investors are questioning whether this is a temporary buying opportunity or a signal of a local top. AI Coins Slump as Google Trends Reveal Peak Retail Investor Interest
Read More »Elon Musk’s X Still on Track to Launch Payments Service
CoinspeakerElon Musk’s X Still on Track to Launch Payments Service X has no plan to charge any significant fee for its potential payment service, per the details in the documents. Elon Musk’s X Still on Track to Launch Payments Service
Read More »Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information
CoinspeakerBrazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information Despite the lack of a clear regulatory framework, the government still wants to know how Binance, Coinbase, Kraken, OKX, and other exchanges registered outside of its border conduct their businesses within the country. Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information
Read More »Cardano Founder Stunned as Pet Pig Inspires Million-Dollar Meme Coin
CoinspeakerCardano Founder Stunned as Pet Pig Inspires Million-Dollar Meme Coin It all started when Hoskinson shared a picture of his pet pig, Nike, on the social network X. Cardano Founder Stunned as Pet Pig Inspires Million-Dollar Meme Coin
Read More »DRiP Haus, Solana Creator Platform, Prepares for July Launch on iOS and Android
CoinspeakerDRiP Haus, Solana Creator Platform, Prepares for July Launch on iOS and Android Solana's creator platform DRiP Haus allows its users to distribute their digital artwork, such as music or art, to its followers while receiving tips and payments in return. DRiP Haus, Solana Creator Platform, Prepares for July Launch on iOS and Android
Read More »Trump Token Whale Nets $3.7M Profit amid Wider Meme Coin Crash
CoinspeakerTrump Token Whale Nets $3.7M Profit amid Wider Meme Coin Crash Despite selling a significant portion of his holdings, the whale retains 28% of his wallet in Trump tokens, valued at approximately $372,000. Trump Token Whale Nets $3.7M Profit amid Wider Meme Coin Crash
Read More »Dogecoin Futures Witness Largest Liquidations since May 2021
CoinspeakerDogecoin Futures Witness Largest Liquidations since May 2021 Nearly all DOGE liquidation activity in the past 24 hours stemmed from long positions, with only about $600,000 worth of shorts, or bets against the token, being liquidated. Dogecoin Futures Witness Largest Liquidations since May 2021
Read More »