Emma Davis

Michael Saylor sparks controversy in the Bitcoin community by downplaying self-custody

October 25, 2024 2 mins read

Michael Saylor, the CEO of MicroStrategy, recently stirred up controversy in the Bitcoin community with his remarks on Bitcoin custody and regulation. In an interview, he expressed concerns about the risks associated with self-custody, where individuals manage their own Bitcoin, suggesting that it could lead to potential seizure or confiscation. Instead, he advocated for Bitcoin to be held by regulated institutions like BlackRock and JPMorgan Chase, arguing that this approach

Russian influencer faces 10 years in prison for defrauding businessmen of $22 million in a crypto scheme

October 23, 2024 2 mins read

Valeria “Bitmama” Fedyakina, a prominent Russian influencer, is currently facing serious legal trouble, with the possibility of a decade behind bars. She stands accused of swindling $22 million from four businessmen through a fraudulent crypto payment scheme. Initially, there were concerns about treason, but the focus has shifted entirely to economic crimes. Fedyakina allegedly misled these businessmen by offering them crypto services to facilitate cross-border payments, claiming to be an

Ripple co-founder Chris Larsen donates $10 million in XRP to Kamala Harris’s campaign

October 22, 2024 1 min read

Chris Larsen, the co-founder of Ripple, has made headlines again by donating a substantial $10 million in XRP to Kamala Harris’s presidential campaign. This marks his second significant contribution in a short span, following a previous donation of $1 million earlier this month. Larsen is optimistic that Harris will champion technological innovation and advocate for crypto-friendly policies within the Democratic Party, especially as many in the tech sector seem to

Bitcoin Dips Below $66,000: Will it Fall Further?

October 22, 2024 1 min read

The cryptocurrency market is currently facing a slight downturn, with the overall market cap shifting towards a bearish trend. In the midst of this, Coinbase has taken a proactive step by filing a Freedom of Information Act request with U.S. regulators, highlighting the ongoing developments in crypto regulation. Bitcoin, the leading crypto, has experienced a small price decline, dropping about 2.15% in the last 24 hours to around $66,000. Despite

Investor confidence in Bitcoin is rising, as shown by a surge in new whale wallets

October 19, 2024 1 min read

Bitcoin’s recent price trends and its ability to navigate previous hurdles have sparked a wave of optimism among investors, resulting in a notable increase in the number of large holders, often referred to as “whales.” This growing confidence in Bitcoin’s future is reflected in the significant uptick in whale wallets, as highlighted by Ki Young Ju, the CEO of CryptoQuant. He pointed out that these large investors are rapidly accumulating

Worldcoin rebrands to ‘World’ and introduces several new features

October 18, 2024 1 min read

Worldcoin has officially rebranded itself as “World,” a change announced by co-founders Sam Altman and Alex Blania during a recent event in San Francisco on October 17. This rebranding comes alongside exciting updates aimed at expanding their blockchain-based identity verification technology, which focuses on establishing ‘proof-of-humanity.’ A significant highlight of the event was the introduction of a new version of their biometric identification device, the Orb. This next-generation Orb is

FractureLabs sues Jump Trading, accusing the firm of manipulating the DIO token

October 18, 2024 1 min read

FractureLabs, a game development studio, has taken legal action against Jump Trading, alleging that the trading firm manipulated the price of the DIO token back in 2021. The lawsuit claims that Jump Trading, known for its algorithmic trading expertise, took advantage of its position as the market maker for the DIO token during its sale on the Huobi exchange. They were supposed to keep the token’s price stable, but instead,

NEIRO soars over 5000%, hitting a new high

October 15, 2024 1 min read

NEIRO, a token on the Ethereum network, has experienced an astonishing rise of over 5000% in just a month, even reaching a new all-time high before pulling back slightly. However, this rapid increase has led to signs that a market correction may be on the horizon, as traders start to cash in on their profits. Currently, NEIRO appears to be facing a potential short-term price drop, with its Relative Strength

Binance executive was denied bail by a Nigerian judge, a family spokesperson said Friday

October 11, 2024 1 min read

Tigran Gambaryan, a Binance executive, has been denied bail by a Nigerian judge, much to the disappointment of his family and the company. Gambaryan, who oversees financial crime compliance at Binance, has been detained for over 220 days, facing serious health issues while imprisoned in Kuje, a facility known for housing dangerous criminals, including members of Boko Haram. His legal troubles began in February, and although he was initially charged

SUI experiences over 26% decrease in volume

October 10, 2024 1 min read

Worldcoin (WLD) is currently navigating a challenging market, trading at $1.84 after a 6.87% decline in the past 24 hours. With a market cap of approximately $945 million, it ranks #69 among cryptocurrencies. The trading volume has also dipped significantly, down 26.65% to about $190 million, yet the volume-to-market cap ratio of 20.10% indicates that trading activity remains robust despite the downturn. Recent sell-offs, particularly a notable deposit of $265K

Crypto exchange Crypto.com files a lawsuit against the US SEC

October 8, 2024 1 min read

In a bold move, cryptocurrency exchange Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) following the receipt of a Wells notice, which indicates the SEC’s intention to pursue legal action over alleged securities violations. The company, known for its user-friendly platform for buying and selling crypto and its popular debit card that allows users to spend digital assets, has gained significant visibility through high-profile sponsorships,

FTX to repay 98% of its users around 119% of their claim value