Category: Featured Article

Crypto Market Crash Wipes $1.7B Amid Quantum Computing Fears

A sharp crypto market correction triggered a staggering $1.7 billion in liquidations over the past 24 hours, as Bitcoin tumbled from above $100,000 to $94,100 and Ethereum fell 8% to $3,800, according to Coinglass. Liquidations and Altcoin Bloodbath Of the $1.7B wiped out, $1.5B came from long positions—a sign that bullish traders were caught off […]

Ripple CEO Slams SEC, Reveals $150M Legal Bill

Ripple CEO Brad Garlinghouse made waves during a 60 Minutes interview on December 8, 2024, where he discussed Ripple’s prolonged legal battle with the U.S. Securities and Exchange Commission (SEC) and the broader regulatory landscape for crypto. Garlinghouse accused the SEC, under Chair Gary Gensler, of waging a “war on crypto.” He explained this was […]

Trump Claims Credit for Bitcoin’s $100K Milestone

President-elect Donald Trump took to Truth Social on Wednesday to celebrate Bitcoin’s groundbreaking surge past $100,000, claiming partial credit for the milestone. “Congratulations Bitcoiners,” Trump wrote. “$100,000!!! You’re welcome!!! Together, we will make America great again!” The comment comes as Bitcoin soared to $103,679 late Wednesday, marking its highest price ever. The milestone follows a […]

Mt. Gox Wallet Moves $2.8 Billion in Bitcoin

A wallet associated with Mt. Gox moved 27,871 Bitcoin, valued at $2.8 billion, late Wednesday evening, coinciding with Bitcoin’s historic rise above $100,000. Despite the significant transfer, the market remained stable, reflecting unprecedented resilience among traders. The transaction, tracked by blockchain analytics firm Arkham Intelligence, directed the funds to an unmarked address. Historically, movements from […]

Cocaine Traffickers Allegedly Use USDT for Money Laundering

A recent report alleges that criminal organizations linked to U.S. cocaine imports from Mexico and Colombia are increasingly turning to Tether (USDT) for large-scale money laundering operations. These operations are said to involve major drug cartels, including Mexico’s infamous Sinaloa cartel. USDT: The New Tool for Drug Cartels Drug traffickers are reportedly leveraging USDT, a […]

UK Crypto Ownership Climbs to 12%, FCA Research Finds

Crypto adoption in the UK has surged, with 12% of UK adults now owning digital assets, up from 10% in 2022, according to new research by the Financial Conduct Authority (FCA). Key Findings The FCA’s study, based on a nationally representative survey of 2,199 UK adults, estimates that 7 million people now own crypto in […]

Magic Eden’s ME Token Airdrop Launching December 10

The ME token, aligned with leading NFT marketplace Magic Eden, represents a significant milestone for the platform, which has rapidly grown to dominate the cross-chain NFT space. Eligible users will be able to claim their tokens exclusively via the Magic Eden Wallet app, cementing the platform’s role as a hub for innovative blockchain-based rewards. Airdrop […]

Bitcoin Surges Past $97K, $100K Within Sight

Bitcoin surged to over $97,000 late Wednesday, shattering its previous high of $95,000 in less than an hour, according to CoinGecko data. This rapid price movement triggered a cascade of $100 million in liquidations, with 80% coming from short sellers who bet on a price drop, as reported by CoinGlass. The rally has reignited optimism […]