Author: Anshul

Stripe Re-enters Crypto with USDC Payments

Stripe, the prominent payments processor, announced its renewed engagement with the cryptocurrency world, revealing plans to enable merchants to receive payments in USD Coin (USDC) starting this summer. This development marks a significant stride for the San Francisco-based firm as it once again embraces the evolving digital currency landscape. USDC, the second-largest stablecoin by market […]

The Main Quest: Ethereum’s $50M Gaming Leap

Immutable, a prominent Ethereum gaming platform, unveiled a groundbreaking initiative on Thursday: The Main Quest. This rewards program is poised to redefine engagement within the blockchain gaming sphere, offering an astounding $50 million in token rewards. The program is designed to incentivize players for their activities on the newly introduced Immutable zkEVM network. Described as […]

Bitcoin’s Bold Climb to $150,000 Forecasted

Despite a tumultuous backdrop of geopolitical tensions and economic shifts, Bitcoin’s trajectory remains ambitiously pointed upwards, with predictions from Standard Chartered forecasting a monumental rise to $150,000 per coin by the end of this year. This optimism comes amid a series of challenges, including higher Treasury yields, geopolitical strife in the Middle East, and a […]

U.S. Crackdown on Samourai Wallet Founders

U.S. authorities have intensified their scrutiny of cryptocurrency operations, specifically targeting the founders of Samourai Wallet, a Bitcoin mixing service. On Wednesday, Keonne Rodriguez and William Lonergan Hill were arrested and charged with operating a platform that allegedly facilitated over $100 million in money laundering transactions linked to illicit dark web activities. According to the […]

Space Nation Online’s Beta Woes

Space Nation Online, a promising sci-fi blockchain MMORPG, has recently entered its closed beta phase, offering participants a glimpse into what the future of gaming might hold. Founded by industry veterans Jerome Wu and Tony Tang and backed by director Roland Emmerich, this Los Angeles-based venture combines the allure of space exploration with the cutting-edge […]

IRS Form Sparks Fear in the Crypto Industry

A recent draft version of IRS Form 1099-DA has stirred significant anxiety across the cryptocurrency landscape. This form, scheduled for mandatory use by 2025, has introduced a potential requirement for American decentralized finance (DeFi) users to report their self-custodial wallet addresses to the federal government. The essence of this development is the inclusion of a […]

PDVSA Leans on Tether Amid US Sanctions

Venezuela’s state-run oil giant, PDVSA, is turning to the cryptocurrency Tether (USDT) in an innovative strategy to circumvent new U.S. sanctions. According to Reuters, the company is increasing its use of USDT, aiming to protect its operations from the risks of having foreign bank accounts frozen. Tether, recognized as the world’s largest dollar-pegged stablecoin, offers […]

Change Healthcare’s Costly Ransom Ordeal

More than two months into one of the most severe ransomware crises in cybersecurity history, Change Healthcare confirmed a bitter reality already evident from Bitcoin’s blockchain and security experts: it paid a ransom following a cyberattack in February. Despite this, the threat of leaking vast volumes of sensitive medical data looms large. In late February, […]