Vaibhavv Ali
In June 2024, news surfaced that MicroStrategy’s CEO, Michael Saylor, reached a $40 million settlement with the attorney general for the District of Columbia, ending a lawsuit accusing him of evading income tax. The settlement, reportedly the largest income tax fraud recovery in the district, resolved allegations that Saylor had not paid income taxes in … Read more
In May, the Ronin network saw a significant uptick in users, surpassing 3 million monthly and daily active wallets, indicating a resurgence in the gaming industry. Known for supporting Axie Infinity and related mini-games, as well as the Mavis NFT marketplace, Ronin’s activity across approximately 15 leading apps has contributed to its success. Comparatively, Ronin’s … Read more
Binance, a leading cryptocurrency exchange, has ceased allowing cash payments for peer-to-peer (P2P) cryptocurrency transactions in India. This means that users in the country can no longer purchase or sell supported cryptocurrencies using cash deposits or receipts. Indian Binance P2P Users Are No Longer Able to Use Cash Indian traders could previously terminate deals after … Read more
Donald Trump’s Presidential campaign gained significant attention by becoming the first to accept Bitcoin Lightning Network payments for donations, in collaboration with OpenNode. This move reflects Trump’s support for cryptocurrencies and his desire to position the nation as a leader in the field. A Bitcoin enthusiast, identified as @nikcantmine on the X platform, highlighted this … Read more
In recent months, the cryptocurrency market has witnessed a surge in impressive trading successes, resulting in remarkable rags-to-riches stories for savvy investors. One notable instance occurred on June 2, when a trader utilized 60 Solana (SOL), valued at around $10,000, to purchase nearly 90 million units of a relatively new cryptocurrency called HAPPY. Within a … Read more
If you were to ask a typical Bitcoin enthusiast about the most influential mining company, Bitmain would likely come up. However, Tether, the stablecoin giant, has been quietly expanding its influence in the bitcoin mining sector. With recent investments totaling $100 million in Bitdeer, a company associated with Bitmain’s co-founder, and significant involvement with Blockstream, … Read more
SingularityNET (AGIX) has confirmed the official dates for the Artificial Superintelligence Alliance (ASI) token merger, a crucial step in bringing together the fetch.ai (FET), AGIX, and Ocean Protocol (OCEAN) communities. The merger, scheduled to commence on June 11 and conclude on June 13, will see FET tokens renamed ASI at a 1:1 ratio, while AGIX … Read more
Despite the recent approval by the US Securities and Exchange Commission (SEC) for several spot Ethereum ETFs, South Korean investors are still waiting for similar opportunities to arise. While the SEC’s decision marks a significant step forward in cryptocurrency investment, South Korea, despite its strong interest in digital assets, has yet to see the availability … Read more
A Chinese trader fell victim to a hacking scheme, losing $1 million through a promotional Google Chrome plugin called Aggr. The plugin steals cookies, allowing hackers to bypass security measures like passwords and two-factor authentication to access victims’ Binance accounts. The trader, known as CryptoNakamao on X, shared their story of losing their life savings. … Read more
The Nigerian government’s handling of cryptocurrency is generating confusion and discontent among investors. The Senate Committee on Capital Markets in Nigeria has advocated for cryptocurrency regulation to safeguard investors and bolster the domestic economy. Despite governmental efforts to regulate cryptocurrency trading, Nigerians continue to show keen interest in digital currencies. Emphasizing the necessity for precise … Read more