Category: Featured Article

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 […]

Magic Eden Announces $312M ME Token Airdrop

The ME Foundation revealed on Monday that 12.5% of the total ME token supply, equivalent to 125 million Solana-based tokens, will be distributed to Magic Eden’s community. With a pre-market price of $2.50 per token, the allocation is valued at $312 million. The ME token generation event (TGE) is expected to take place “in a […]

Super Champs to Launch CHAMP Token on Base

Super Champs, known for its mobile games Racket Rampage and Bullet League, is expanding its ecosystem with the CHAMP token. This token will serve as the primary currency for purchasing in-game assets like NFTs, cosmetics, and subscriptions. Additionally, CHAMP will be integrated into season-based rewards programs, further deepening player engagement within the franchise. CHAMP: A […]

Coinbase App Surges on Pro-Crypto Wave

Coinbase has soared back into the top ranks of the U.S. Apple App Store, reaching 8th place in the “Free iPhone Apps” category on Wednesday. This rise comes on the heels of former president Donald Trump’s pro-crypto stance, which has reignited market enthusiasm and driven Bitcoin’s price to unprecedented heights above $93,000. Coinbase’s position, now […]

El Salvador’s Bitcoin Bet Pays Off with $100M in Profits

El Salvador’s ambitious Bitcoin experiment has finally yielded significant gains. President Nayib Bukele, who made Bitcoin legal tender in 2021, proudly announced this week that the country has amassed $100 million in unrealized profits as Bitcoin’s price surged to new highs. “I told you so,” Bukele tweeted, celebrating a victory that comes two years after […]