Category: Uncategorized

Teen Accused of Raising Crypto for Al Qaeda Granted Bail

A 16-year-old from East London, facing accusations of raising cryptocurrency and offering cyber expertise to terrorist organizations including Al Qaeda, has been granted bail under stringent digital restrictions. The youth, whose identity remains confidential for legal reasons, was permitted to use his PlayStation console offline, with all internet-enabled devices heavily monitored or prohibited. Prosecutors allege […]

MicroStrategy Aims to Raise $42B for Bitcoin Expansion

MicroStrategy has announced a bold plan to raise $42 billion over the next three years to expand its Bitcoin holdings. Cementing its position as the largest single corporate holder of the cryptocurrency. The phased initiative, called “21/21,” will involve $21 billion in debt and $21 billion in equity. Enabling the company to accelerate its Bitcoin […]

Coinbase Commits $25M to Crypto Advocacy Super PAC

Coinbase, one of the largest publicly traded crypto exchanges, has announced another $25 million donation to Fairshake. A bipartisan super PAC focused on supporting crypto interests in U.S. politics. This commitment aims to strengthen crypto representation in Washington, DC, as Coinbase and other industry players face increasing regulatory scrutiny. The latest contribution follows a similar […]

Crypto Booms in Africa with 183% Growth in Telegram

Between January 2023 and August 2024, Telegram-based crypto communities across Africa saw a remarkable 183% increase in participation. According to a report commissioned by crypto exchange Bitget, the continent’s crypto adoption is accelerating at an unprecedented pace. With projections suggesting 54 million African users by 2025. Nigeria and South Africa are set to lead this […]

Bitcoin ETFs Surge Amid Record-High Speculation

Bitcoin ETFs experienced a wave of inflows totaling $870 million yesterday. As Bitcoin itself came within $175 of breaking its all-time high of $73,737.94. BlackRock’s iShares Bitcoin Trust (IBIT) recorded $3.36 billion in trading volume—the highest in six months, according to Coinglass. This surge in ETF activity signals heightened institutional interest. Possibly driven by fear […]

Dogecoin Surges Amid Musk-Trump Alliance

Dogecoin (DOGE), the original meme coin, is experiencing a significant surge, climbing to nearly $0.16—its highest price in almost five months. Now trading around $0.157, DOGE has gained nearly 12% over the past day, marking it as the best-performing asset among the top 100 cryptocurrencies by market cap, according to CoinGecko data. This surge follows […]

Magic Eden’s TestME: A Token Test Run

Magic Eden, the cross-chain NFT marketplace, is launching a new token called TestME on Tuesday. But this isn’t your typical token drop. The TestME token is designed as a trial run to showcase the technical capabilities of the Magic Eden Foundation and its wallet. Serving as a precursor to the platform’s forthcoming governance token, rebranded […]

Bitcoin Traders Brace for Election Volatility

Bitcoin traders are bracing for significant price swings as the U.S. presidential election on Nov. 5 draws near. According to data from DeFi derivatives platform Derive, price fluctuations for Bitcoin could reach as high as 20% as traders position themselves for potentially dramatic market impacts stemming from election results. Derive founder Nick Forster provided insights […]