The Build on Bitcoin (BOB) project has ignited excitement in the cryptocurrency community with the launch of its inaugural phase, introducing a groundbreaking interface that allows decentralized applications (dapps) to leverage the capabilities of the leading blockchain. On Wednesday, BOB announced the activation of its mainnet, boasting $300 million in total value locked (TVL) and […]
BOB Unites Bitcoin and Ethereum Read More »
The integration of artificial intelligence into blockchain surveillance is poised to significantly bolster law enforcement efforts in tackling money laundering within the cryptocurrency sphere. A groundbreaking study by Elliptic and the MIT-IBM Watson AI Lab has unveiled how deep learning AI can effectively parse the expansive Bitcoin blockchain to identify illicit activities. Published on Wednesday,
AI Targets Bitcoin Laundering Read More »
The Federal Reserve made a decisive move on Wednesday, opting to maintain its key interest rate, as it continues to wage a battle against inflation. This decision has sent ripples through the crypto market, exacerbating existing pressures. Federal Reserve Chairman Jerome Powell, in his characteristic cautious demeanor, addressed the media, stating that while the fight
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As the next Federal Reserve meeting approaches, investor sentiment towards cryptocurrencies like Bitcoin and Ethereum has sharply declined. Current market data reveals significant losses for these major cryptocurrencies, reflecting broader concerns about potential economic shifts. Bitcoin has experienced a 7.6% drop, while Ethereum has fallen by 6% in just the past 24 hours. Bitcoin’s price
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Crypto billionaire Changpeng “C.Z.” Zhao, following a four-month prison sentence in Seattle, took to Twitter to express gratitude towards his supporters and to outline his future plans, which focus significantly on education. Despite the challenging circumstances, Zhao maintains a positive outlook on his involvement in the crypto industry and his personal growth. Zhao, who had
C.Z. Zhao Embraces Future After Sentencing Read More »
Alliance Resource Partners, a coal mining company trading on NASDAQ under the ticker ARLP, recently disclosed that it has been mining Bitcoin for over three years. This revelation came during its first-quarter earnings call, highlighting an unconventional venture into the crypto world by a traditional energy company. Cary Marshall, Senior Vice President and Chief Financial
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The cryptocurrency sector, along with retail banking, wholesale banking, and wealth management, were identified as the highest risks for money laundering activities, according to a report from the U.K. Treasury Department. This report highlights significant vulnerabilities within these financial sectors, particularly in the rapidly evolving domain of cryptocurrencies. The findings stem from the Financial Conduct
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Bitcoin’s recent fall below the $60,000 threshold could signal more challenges ahead, suggests Standard Chartered Bank. According to Geoffrey Kendrick, the head of the bank’s forex and digital assets research, this downturn opens the path for Bitcoin’s price to potentially drop to the $50-52K range. Kendrick shared his insights in a recent statement, citing a
Bitcoin Dips Below $60K: Deeper Declines on the Horizon? Read More »
Bitcoin (BTC) $ 114,002.00 0.66%
Ethereum (ETH) $ 4,317.95 3.97%
XRP (XRP) $ 2.93 0.1%
Tether (USDT) $ 1.00 0.01%
BNB (BNB) $ 843.14 1.57%
Solana (SOL) $ 184.06 3.37%
USDC (USDC) $ 0.999756 0%
Lido Staked Ether (STETH) $ 4,304.41 3.85%
TRON (TRX) $ 0.350104 0.36%
Dogecoin (DOGE) $ 0.218508 2.33%