Crypto Market

Kidnapping of Ledger Co-Founder Highlights Security Risks in Crypto Industry

In a harrowing incident that has sent shockwaves through the cryptocurrency community, David Balland, the 36-year-old co-founder of French crypto hardware firm Ledger, was kidnapped alongside his partner, Amandine, from their home in Vierzon, central France. The armed assailants demanded a €10 million ransom, and in a brutal act of coercion, severed one of Balland's fingers. This alarming event underscores the escalating personal security...

China’s Ongoing Struggle to Control Underground Cryptocurrency Trading

Despite China's stringent regulations against cryptocurrency trading, underground brokers continue to facilitate large-scale transactions, enabling individuals to convert yuan into digital assets. This clandestine activity poses significant challenges to Beijing's efforts to regulate the economy and prevent capital flight. In 2021, China declared all cryptocurrency transactions illegal, aiming to curb financial risks and maintain economic stability. However, underground brokers have adapted, using sophisticated methods to...
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Cryptocurrency Investment Scams on the Rise

Cryptocurrency investment scams are surging globally, with India experiencing a significant share of these fraudulent activities. A recent incident in Pune highlights the pervasive...

Craig Wright Found in Contempt of UK Court

Craig Wright, an Australian computer scientist who has long and falsely claimed to be Bitcoin's creator, Satoshi Nakamoto, has been found in contempt of...

Grayscale’s Bitcoin ETF Developments

Grayscale Investments, a leading digital asset management firm, has been at the forefront of integrating cryptocurrencies into mainstream finance. A pivotal aspect of this...

Hong Kong Proposes Crypto Tax Breaks

In a strategic move to bolster its status as a premier financial hub, Hong Kong has unveiled plans to exempt private equity funds, hedge...

Crypto Industry’s Record Election Spending

As the United States transitions into a new presidential administration, speculation intensifies regarding the future of Gary Gensler, the current Chair of the Securities...

Cosmoverse 2024 Conference Drives Innovation for Cosmos Ecosystem

The Cosmoverse 2024 conference, held in Dubai from October 21-22, has become a major highlight for the Cosmos ecosystem, showcasing groundbreaking updates and innovation...

Chainalysis Report: Institutional Investors Propel North America’s Dominance in the Crypto Market

A recent report by blockchain analysis firm Chainalysis reveals that North America continues to hold the top position in the global cryptocurrency market, driven...

NFTs in 2024: From Hype to Utility

Non-fungible tokens (NFTs) burst onto the scene in 2021, capturing attention with multi-million dollar digital art sales and a speculative boom. However, the NFT...

EOS Hard Fork Announcement: A Key Upgrade Set for September 25

On September 25, 2024, the EOS blockchain is set to undergo a highly anticipated hard fork, marking a critical upgrade in its long-term development....

Blockchain Firm Blockdaemon Eyes IPO in Hong Kong

Blockdaemon, a leading blockchain infrastructure provider, has announced plans for a potential initial public offering (IPO) in Hong Kong by 2026. This move marks...

ETH Price Drop Amid “FUD” and Assassination Attempt: Market Turbulence in September 2024

On September 16, 2024, Ethereum (ETH) experienced a sharp 6% price drop, falling to $2,260 from an intraday high of $2,425. This decline marked...

Gold Advocate Peter Schiff’s Predictions: Is Bitcoin Headed for a Drop to $20,000?

Peter Schiff, a well-known advocate of gold and a vocal critic of Bitcoin, has once again made headlines with his bearish predictions for the...