Crypto News Center

SUI And AAVE Exhibit Shocking Gains In Market Rebound As Investors Position For Higher Trends On IntelMarkets (INTL)

As the crypto market rebounds, SUI and AAVE have both made significant strides, showing remarkable gains and capturing the attention of investors. Both tokens recently hit new highs driven by key developments. However, despite their impressive gains, a new contender, IntelMarkets (INTL), is emerging in the space. With its public presale raising over $4.8 million and predictions of a 100x price increase post-launch, IntelMarkets is positioning itself to revolutionize the...

Trump Confirms Plans to Create Fourth NFT Collection

By Philip Maina 4 weeks agoWed Jul 17 2024 10:48:45 Reading Time: 2 minutes Trump has confirmed that he’s planning to create a fourth NFT collection The former United States president said that the plans were influenced by his supporters Trump didn’t however disclose when the new collection will be availed to the public Two months after meeting with NFT holders in Florida, former United States president Donald Trump has...

Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing

Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing Oluwapelumi Adejumo · 5 days ago · 2 min read Ethena Labs is bringing the rewarding USDe stablecoin to Solana blockchain. 2 min read Updated: Aug. 7, 2024 at 8:01 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Ethena Labs has expanded its “synthetic dollar” USDe to the Solana blockchain and revealed...

IRS reveals final regulations for crypto broker rules

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. 18376 Total views 14 Total shares Own this piece of crypto history Collect this article as NFT The United States Internal Revenue Service (IRS) revealed its final draft of the new crypto broker reporting requirements on June 28 and clarified the scope of industry participants affected by the new rule changes. According to...

This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC

Bitcoin mining behemoth, Marathon Digital has made headlines by investing a staggering $100 million in BTC . This substantial investment comes despite BTC’s previous price drops , underscoring the mining giant’s confidence in the long term potential of the pioneer cryptocurrency.  MARA Buys $100 Million Worth Of BTC In a press release published on Thursday, July 25, MARA, (recently rebranded from Marathon Digital) announced that it has purchased an additional...

US Treasury Confirms Bitcoin’s Role as ‘Digital Gold’ in Emerging Economy

The United States Treasury Department has acknowledged Bitcoin as a “digital gold,” emphasizing its primary role as a store of value. Alongside this recognition, the Treasury highlighted the growing significance of stablecoins, which are driving demand for Treasury bills in the evolving financial landscape. Treasury Acknowledges Bitcoin and Stablecoins The Treasury’s report underscores the swift expansion of digital assets, including Bitcoin, Ethereum, and stablecoins, but notes that the market remains...

CoinDCX Initiates Customer Protection Fund

By Mark Hunter 6 days agoWed Aug 07 2024 07:19:34 Reading Time: 2 minutes CoinCDX has initiated a customer protection fund to compensate victims of security breaches The fund has launched with $6 million from company profits and will be increased over time This initiative has echoed Binance’s SAFU fund, which holds around $1 billion in stablecoins Indian crypto exchange CoinCDX has initiated a customer protection fund which will pay...

Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen

What went wrong? Alleged vulnerabilities in hardware wallets prompt debate over digital asset security. Key Takeaways A user reported losing $2.5 million in Bitcoin and NFTs due to a security breach on a Ledger Nano S. The incident has raised questions about Ledger's security practices, prompting community scrutiny. Ledger’s security practices are under scrutiny after a crypto user reported losing approximately $2.5 million in digital assets stored on a Ledger...

Nigeria’s Cryptocurrency Market Surpasses $400 Million, SEC Director General

You are here: Home / News / Nigeria’s Cryptocurrency Market Surpasses $400 Million, SEC Director General Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC) of Nigeria, has revealed that the country’s cryptocurrency market has exceeded $400 million in value. This significant achievement highlights the rapid expansion and growing adoption of digital currencies in Nigeria, Africa’s largest economy. During a recent fintech conference in Abuja, Agama emphasized...

Bitcoin Hits Record High Against Gold: What It Means For BTC Price?

Amid its historic price action, Bitcoin (BTC) has quietly hit a new all-time high (ATH) against gold. The insight was highlighted by veteran trader Peter Brandt in an X post. Bitcoin Hits New ATH Against Gold: Room For Further Growth? Brandt’s analysis revealed that the BTC-to-gold ratio has reached a new ATH of 32.19 ounces of gold per BTC. In his post, the seasoned trader also took a subtle dig...