#Crypto

Crypto Under the Gavel: DOJ Declares HYDRO a Security

In a landmark decision, the U.S. Department of Justice (DoJ) has for the first time classified a cryptocurrency, the HYDRO token, as a security. This pivotal ruling accompanied the sentencing of Shane Hampton, CEO of Hydrogen Technology, and Michael Kane, the firm’s head of financial engineering, for their roles in manipulating the token’s market prices. […]

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Metallica’s Twitter Hack: A Heavy Metal Crypto Scam

Late Tuesday night, the Twitter account of iconic heavy metal band Metallica fell victim to a hack, used to promote a Solana meme coin—highlighting an ongoing wave of celebrity-targeted crypto scams. In this brief but impactful episode, the hackers orchestrated a Twitter Spaces audio call and interacted with users, pushing the dubious METAL token. Although

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Strike’s UK Expansion: Could This Be Bitcoin’s Next Big Break?

Strike, the innovative payments app leveraging the Bitcoin blockchain, has launched its services in the U.K., the company announced in a blog post on Tuesday. This move comes as part of Strike’s ambitious global expansion, following its recent rollouts in Europe and Africa. Now, customers in the U.K. can use the Strike app to buy,

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Bitcoin Taxes: Gaetz’s Bold Bill Could Revolutionize Payments

In a groundbreaking move that could reshape the intersection of cryptocurrency and government finance, U.S. Representative Matt Gaetz has put forth a bill proposing that Americans be allowed to pay their federal income taxes using Bitcoin. Introduced in the House of Representatives, this proposed legislation aims to amend the Internal Revenue Code of 1986 to

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VanEck Hints at Ethereum ETF Launch: Is the Wait Almost Over?

VanEck’s recent regulatory filing hints that U.S. Ethereum ETFs might be just around the corner, with some experts speculating a launch within a week. The $89 billion investment manager submitted an 8-A form for the VanEck Ethereum Trust on Tuesday. This crucial document is necessary for corporations to issue specific types of securities on national

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German Bitcoin Selloff: $170M Dumped Amid Market Volatility

In a significant move, German authorities have been unloading substantial amounts of Bitcoin, as on-chain analysis has shown. This latest round of selling comes on the heels of a previous sale of approximately $170 million worth of Bitcoin last week. Recently, the Federal Criminal Police Office (BKA) made a notable transfer of 400 BTC, roughly

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Crypto Carnage: Bitcoin and Ethereum Liquidations Soar

The cryptocurrency market is enduring a brutal downturn this week, with approximately $191 million in crypto derivatives contracts being liquidated in the last 24 hours. Bitcoin (BTC) has borne the brunt of these liquidations, accounting for about $103 million. Ethereum (ETH) follows closely behind with $33 million in liquidations. This sharp rise in liquidations comes

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Doodles Advances to Base for NFT Innovation

Doodles, an innovative NFT-driven entertainment property, is charting a new course in the digital asset space. This Monday, the project announced a pivotal shift for its “Stoodio” avatar customization platform to the Ethereum layer-2 scaling network, Base, transitioning away from the Flow blockchain. This strategic move, scheduled for mid-July, seeks to harness the benefits of

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