Stripe Reinstates Crypto Payments with USDC Support

Stripe crypto payments

Stripe, the global payments behemoth, has re-entered the cryptocurrency space with a significant update. Reinstating support for crypto transactions six years after discontinuing Bitcoin payments. This strategic move aligns with Stripe’s April announcement and marks a significant expansion in their payment services. Reintroduction of Crypto on Stripe On Wednesday, Jeff Weinstein, Stripe’s product lead, took […]

“Money Electric” Probes Satoshi’s Mystery

Money Electric

HBO’s latest documentary, “Money Electric: The Bitcoin Mystery,” premiered this Tuesday. Aiming to unravel one of the cryptocurrency world’s most enduring puzzles: the identity of Satoshi Nakamoto. Directed by Cullen Hoback, the film explores the origins of Bitcoin and investigates several key figures from its early days. Including Peter Todd, a Bitcoin Core developer suspected […]

Cardi B Meme Coin Stirs Controversy

Cardi B

Rapper Cardi B has recently launched a meme coin dubbed WAP, an acronym matching her 2020 hit song’s title. Within just 12 hours of its release, on-chain analytics firm Bubblemaps reported that insiders, holding 60% of the initial supply, cashed out a staggering $500,000. The coin’s value soared to a $34 million market cap shortly […]

Solana Meme Coin Creator Ends His Project After Dangerous Stunt

Solana meme coin

In a shocking turn of events, Mikol, the creator of the Solana-based meme coin DARE. He has decided to abandon his project after suffering severe injuries from a stunt gone wrong. The developer was hospitalized with third-degree burns covering 30% of his body after setting himself on fire during a livestream in an attempt to […]

Binance Faces Declining Market Share

Binance

Crypto exchange Binance is experiencing a notable decline in its market dominance, processing significantly less trading volume compared to previous months, according to a recent report from digital asset data provider CCData. Reduced Trading Volumes and Market Share The report, published on October 3, highlights that Binance accounted for 36.6% of the combined volume for […]

The Truth Behind the $56.3 Million CryptoPunk Sale

Cryptopunks

A recent transaction claiming a record $56.3 million sale of a CryptoPunk NFT on Ethereum has sparked skepticism due to its peculiar circumstances and use of complex blockchain maneuvers, like flash loans, that suggest the transaction wasn’t a straightforward sale. Analyzing the Sale of CryptoPunk 1563 CryptoPunk 1563, which sold for a purported 24,000 ETH […]

Franklin Templeton Adopts Aptos Blockchain for U.S. Fund

Franklin Templeton

Wall Street giant Franklin Templeton has announced the transition of its Nasdaq-listed On-Chain U.S. Government Money Fund (FOBXX) to the Aptos blockchain. Marking a significant step in the firm’s embrace of blockchain technology for financial services. Embracing Blockchain Innovation The move to Aptos, a blockchain platform developed by alumni of Meta’s unsuccessful Diem project. Represents […]

Crypto Theft Soars Despite Fewer Hacks, CertiK Reports

Crypto Theft soars

In a concerning revelation for the crypto industry, cyber security firm CertiK disclosed that while the frequency of hacks decreased in the last quarter. The total value extracted by thieves dramatically increased. According to CertiK’s latest Web3 security report, hackers stole $750 million across 155 incidents. Bringing the year’s cumulative losses to nearly $2 billion. […]