Author: James Wilson

Article written by James Wilson

Crypto leaders celebrate regulatory shifts

January 23, 2025 2 mins read

The recent Crypto Inaugural Ball in Washington, D.C., marked a positive shift in the crypto industry’s sentiment. Industry leaders have faced challenges over the past four years due to unclear regulations and a lack of collaboration from the previous administration. With new pro-crypto appointments, such as David Sacks as the “crypto czar,” there is renewed optimism. The focus now is on establishing clear and lasting legislation to prevent crypto from

Senator Ted Cruz plans to challenge IRS crypto tax rules

January 22, 2025 1 min read

Texas Senator Ted Cruz is opposing new IRS crypto tax rules, which have been welcomed by the crypto community. He plans to use the Congressional Review Act (CRA) to challenge a regulation that requires crypto brokers to report extensive income from digital assets. Critics believe this rule misinterprets the term “broker” and does not consider the decentralized nature of blockchain technology. The IRS rule was part of the 2021 infrastructure

$1,000 in XRP, HBAR, or XYZVerse? Analyst Names the Best Altcoin for 2025

January 19, 2025 4 mins read

Investing $1,000 in the right cryptocurrency today could yield substantial returns by 2025. An analyst has identified one altcoin that outshines popular choices like XRP and HBAR. This article explores which digital coin stands out as the top pick, offering insights into the potential leader of the next market surge. XYZVerse: The Best New Meme Project You Can’t Afford to Bench! XYZ is your exclusive VIP pass to a sports-driven,

Burwick Law files a lawsuit against Pump.fun

January 17, 2025 1 min read

Burwick Law has initiated a lawsuit against Pump.fun, representing investors who claim to have lost money due to failed meme coins and alleged rug pulls on the platform. The law firm is encouraging affected users to join the case by filling out an intake form. Pump.fun, a notable meme coin launchpad on the Solana blockchain, faces accusations of financial misconduct and not fulfilling promises. Reports suggest that over 60% of

The SEC delays its decision on the Bitwise 10 Crypto ETF to March 2025

January 15, 2025 2 mins read

The US Securities and Exchange Commission (SEC) has postponed its review of the Bitwise 10 Crypto Index ETF proposal until March 3, 2025. This extension gives the SEC more time to evaluate the fund, which aims to track leading crypto like Bitcoin, Ethereum, and Solana. The proposal was initially submitted by NYSE Arca on November 14, 2024, and published in the Federal Register on December 3, but it received no

SYNTHR tokens are now available for farming on KuCoin’s GemPool

January 14, 2025 1 min read

KuCoin, a leading cryptocurrency exchange, has introduced SYNTHR (SYNTH) to its GemPool, allowing users to farm tokens by staking KCS or USDT. The campaign is active from January 8 to January 14, 2025, and is particularly beneficial for new users who register after January 7, 2025, at 16:00 UTC and complete KYC verification. The total reward pool for this staking campaign is 4,347,826 SYNTH tokens, divided into two pools. The

Notcoin price surges by over 8% in the last 24 hours

January 12, 2025 1 min read

The cryptocurrency market is trying to recover from a bearish trend, with Bitcoin currently priced at around $94,000. Altcoins are also experiencing slight gains, although the market has been quiet over the weekend. Upcoming events, particularly Trump’s swearing-in, may influence market activity next week. Notcoin has emerged as a standout performer, experiencing a 7.09% price increase after a week of declines. On January 10, Notcoin (NOT) was trading at $0.0059

US charges 3 Russians for crypto money laundering

January 12, 2025 1 min read

Three individuals, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, have been indicted for running crypto mixing services Blender.io and Sinbad.io. These platforms allegedly helped criminals launder funds from ransomware attacks and other crimes. U.S. Attorney Ryan K. Buchanan emphasized the commitment to dismantling cybercriminal infrastructure. The indictment states that these mixers provided a way to hide the origins of illegally obtained cryptocurrency. Brent S. Wible, from the

A UK court denies James Howells’ bid to recover a $770M Bitcoin-filled hard drive

January 11, 2025 1 min read

A UK court has ruled against James Howells, a Welsh IT engineer, in his attempt to recover a hard drive containing 8,000 Bitcoin from a Newport landfill. The court dismissed the case due to high costs and environmental risks associated with excavation. As a result, Howells cannot retrieve Bitcoin now valued at over $770 million. Howells lost the hard drive in 2013 when his partner accidentally threw it away. The

Ripple president says XRP ETF could soon be a reality

January 8, 2025 1 min read

An XRP exchange-traded fund (ETF) may soon be approved, according to Ripple President Monica Long in a recent Bloomberg interview. She expressed optimism about the future of crypto regulations in the U.S., suggesting that XRP could be next in line for an ETF after Bitcoin and Ether. Long believes that with the change in administration, the approval process for crypto filings will speed up. Ripple is also launching its new

Popular crypto wallet Phantom dismisses speculation about a potential token launch

January 6, 2025 1 min read

Phantom, a popular cryptocurrency wallet, recently announced the successful reception of its new social features, which were launched in December. These tools enable users to create profiles, connect with friends, and customize privacy settings, including options for public, private, or invisible profiles. Currently, these features are available only on the mobile app, but Phantom has indicated that support for its Chrome extension is forthcoming. The introduction of follower and friend

Solana Winternitz Vault generates new cryptographic keys for each transaction

January 5, 2025 1 min read

The Solana Winternitz Vault is a groundbreaking solution developed by Solana to mitigate the risks posed by quantum computing to blockchain security. Utilizing a hash-based signature system, this vault generates new cryptographic keys for each transaction, enhancing the safety of users’ funds against potential quantum attacks. Traditional security measures, such as the Elliptic Curve Digital Signature Algorithm (ECDSA), may become vulnerable as quantum computers advance, capable of executing complex calculations