Metals Soar, Bitcoin Swing Amid Iran Leadership Tragedy

The world is focused on the deaths of Iranian President Ibrahim Reisi and Foreign Minister Hussein Emir Abdullahiyan, who died in a helicopter crash yesterday. And the official cause is still unknown. During the night, gold reached a new record high, silver continued its upward trend, and Bitcoin initially declined before rising again. Following the […]

Peter Schiff Blames US Gov and Fed for Inflation

American economist Peter Schiff has accused the US government and the Federal Reserve of causing the current inflation, challenging the prevailing belief that rising salaries are to blame. Schiff argues about inflation. He voiced his concerns in an X post on May 20, reiterating his long-standing warnings about inflation. Rising salaries don't cause inflation. Inflation […]

HKIIF Chair Proposes Hong Kong’s CNY-Pegged Stablecoin 

Xiao Geng, Chairman of the Hong Kong Institute for International Finance (HKIIF) spoke at a recent event, about the potential benefits of introducing a stablecoin tied to the Chinese yuan for Hong Kong.  During his address at “The First Shenzhen Finance Forum and the Opening Ceremony of Shenzhen Finance Institute,” organized by the Renmin University […]

Linus Torvalds Views Cryptocurrencies as Fraudulent

Linus Torvalds, the Finnish-American engineer who created the Linux operating system, does not believe in Cryptocurrency and has now claimed that it can be used for scams. In a forum post, the 54-year-old tech pioneer compared cryptocurrency to Ponzi schemes, which deceive unsuspecting people. Torvalds, who is also the brain behind the distributed version control […]

Russian Court Sentences Finiko Exec to 3 Years

Liliya Nurieva, a former executive at  Finiko, was sentenced to three years in prison by a court in Vakhitovsky, Kazan. Initially facing a potential ten-year term, Nurieva’s sentence was reduced following a pre-trial agreement with prosecutors. The court’s decision includes the time she has already served since her arrest, dismissing the prosecution’s push for a […]

LayerZero Labs CEO Halts Airdrop Phase for Design Tweaks

A blockchain messaging protocol developer, LayerZero Labs, faced challenges during its first airdrop aimed at preventing unfair rewards due to Sybil’s activity.  CEO Bryan Pellegrino described the launch as chaotic, with over 3,000 bounty reports and 30,000 appeals within hours. Users even reported accusers’ accounts on GitHub to remove reports. Bounty process will re-open in […]

Kraken Confirms No Plans to Delist Tether (USDT) in Europe

A major cryptocurrency exchange, Kraken, confirms no plans to delist Tether (USDT) in Europe despite earlier reports of potential delisting for legal compliance. Let's be clear: @krakenfx continues to list USDT in Europe and we have no plans to delist at this time. We know our European clients value access to USDT and we continue […]

Alleged Pump.fun Exploiter Has Been Nabbed in London

The British authorities have pounced on the alleged exploiter behind last week’s $2 million Solana memecoin exploit. Jarett Dunn, a former Pump.fun contractor known online as @STACCoverflow, was arrested early Saturday at a Covent Garden hotel following a 26-hour international manhunt. We found that @STACCoverflow real identity was discovered in a screenshot from @bitfloorsghost after […]

Vitalik Buterin Advocates for Free Speech in Crypto Space

Vitalik Buterin, Ethereum’s co-founder has set off a storm within the crypto community by supporting freedom of speech. In his most recent post on X, Buterin appreciated the Ethereum community for having an open culture of expression where anyone can freely share their ideas even if they are against the protocol. I'm really proud that […]

Phantom Wallet Soars to #3 on App Store

The recent review on the number of downloads for Phantom Wallet app has put the application in 3rd position in the utility category on Apple App Store. The Solana-only self-custodial cryptocurrency wallet is currently among the top utility downloads, putting it behind Google and Google Chrome. 🚨BREAKING🚨 Phantom wallet becomes the TOP 3 utility app […]