News archive
Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved…
Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple’s retail XRP transactions from securities violations.
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Robert Kiyosaki Predicts 'Everything Crash': Bitcoin May Drop to $5…
Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression.
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Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025.
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SEC's Crypto Regulation Labeled a 'Disaster' by Commissioner
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led to conflicting court rulings, and emphasized the need for clearer distinctions on what falls under securities law.
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Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time Hig…
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close below $48,000 could derail his analysis.
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SEC's Authority Over XRP Futures Challenged in Bitnomial Lawsuit
Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security.
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High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading investors.
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Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topp…
Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version.
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Video Game Giant Ubisoft Announces Release of First Web3 Game, ‘Cha…
The prominent French video game publisher and developer Ubisoft is set to launch its first Web3 game, “Champions Tactics: Grimoria Chronicles,” on October 23. The game will utilize blockchain technology through the Oasys ecosystem, a layer two (L2) solution designed to enhance gameplay.
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Trump’s World Liberty Financial Proposes Aave Deployment to Enhance…
World Liberty Financial (WLF), the decentralized finance (defi) project backed by former President Donald Trump and his family, has submitted a proposal to Aave’s governance forum, seeking approval for the launch of an Aave v3 instance on the Ethereum mainnet.
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XRP Army Launches Petition Against SEC Appeal in Ripple Case
The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create instability in the crypto sector, directly contradicting the agency’s mission.
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Hong Kong's Crypto Framework Near Completion — 11 Platforms Await…
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first round of assessments already finished.
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Putin Reveals Over 85% of CIS Trade Now in National Currencies
Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence.
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Ethereum L2 Platform Linea Integrates Chainlink’s Cross-Chain Proto…
The layer two platform Linea has teamed up with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.
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Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple…
Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape.
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Len Sassaman’s Legacy: Could He Be the Man Behind Bitcoin?
On Tuesday, HBO is set to release a documentary that claims to reveal the identity of Bitcoin’s creator, Satoshi Nakamoto, and speculation is swirling around Len Sassaman as the potential figure.
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Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP.
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New York Regulator Hiring Blockchain Analyst to Tackle Crypto Crimes
New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent position focuses on preventing financial crimes such as money laundering and fraud by ensuring compliance in the growing virtual currency sector. The role involves using blockchain analytics to monitor risks. Applications are due by Oct. 14.
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Update price list 7th October 2024
Below is a overview of our vast inventory. The prices listed above are a guide for small quantity orders. For bulk discounts or any general sales queries please contact our sales team using the link below. Unlike most sellers we ship from the Netherlands to EU customers. New units come with 2 years full warranty for private customers. Beste price in Europe!
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Lego's Website Hacked to Promote 'Lego Coin' Crypto Scam
Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and redirecting them to a suspicious external site selling “Lego tokens.”
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US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Thef…
The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial.
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Russia-Based Evil Corp Faces New US Sanctions
The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer ransomware. This move highlights international efforts to combat cyber threats.
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Ripple Boosts Cross-Border Transactions in Brazil With New Payment…
Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7.
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Election Fever Pushes Polymarket to $533M in September, Setting New…
Polymarket hit new milestones in September, with trading volume climbing to $533.51 million, exceeding August’s $472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month.
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Bitwise Seeks SEC Approval to Launch Spot XRP ETF
Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many investors want exposure to,” said the CEO of Bitwise.
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Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill
Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest in them.
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Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in L…
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading.
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Coinshares: Inflows Into Digital Asset Products Reach $1.2 Billion
Coinshares, through its lead research analyst James Butterfill, has reported a third consecutive week of inflows into digital asset investment products. Total inflows amounted to $1.2 billion, reflecting a reaction to continued expectations of dovish U.S. monetary policy.
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61 New Bitcoin Addresses Holding 1,000 to 10,000 BTC Emerge in 2024
Recent data reveals that bitcoin wallets holding between 0.1 and 1 BTC have grown by an impressive 9,563 since the year began. Meanwhile, the number of crab wallets containing 1 to 10 BTC has shrunk by 7,783. Bitcoin dolphins, sharks, and whales, those with between 100 to 10,000 BTC, made a noticeable splash, with 101 new addresses surfacing since early January.
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