Author: Sophia Hernandez

Article written by Sophia Hernandez

Hong Kong Eyes Debut of Spot Crypto ETFs by Mid-2024

January 23, 2024 1 min read

Hong Kong is reportedly indicating that the city will see the launch of its first spot crypto exchange-traded funds (ETFs) by the middle of 2024. Key players in Hong Kong’s crypto exchange landscape, including OSL Hong Kong and HashKey, are actively investigating this development. Gary Tiu, an executive at OSL Hong Kong, predicts that spot crypto ETFs will make their debut in the city within the coming months. According to

Donald Trump says he will stop government-controlled digital currency (CBDCs)

January 18, 2024 1 min read

Former President Donald Trump has stated his intention to obstruct the development of a government-controlled digital currency. This announcement comes amid discussions between the Federal Reserve and many global banks about central bank digital currencies (CBDCs). During a recent speech in New Hampshire, Trump expressed his determination to prevent the establishment of a CBDC. His primary concern is that a government-controlled digital currency could give the authorities too much control

A key Solana DeFi player announces a 1 billion JUP token airdrop to users

January 16, 2024 2 mins read

Jupiter, a major player in the Solana DeFi (Decentralized Finance) space, has made a game-changing announcement. The DeFi aggregator is planning to distribute 1 billion JUP tokens in a carefully planned airdrop, signaling the start of a massive giveaway campaign. Meow, Jupiter’s visionary founder, shared this exciting news, outlining the details of the long-awaited token distribution. Jupiter’s airdrop, scheduled for January 31 at 10:00 a.m. EST, aims to enrich the

A holding wallet receives nearly $1.2 million in Bitcoin (BTC) from the North Korean hacker group

January 9, 2024 1 min read

In an interesting development, a holding wallet recently received nearly $1.2 million in Bitcoin (BTC) from the infamous North Korean hacker unit, Lazarus Group. This transaction has piqued the interest of cybersecurity professionals and blockchain experts, as it is one of the group’s largest transactions in the last 30 days. The Lazarus Group’s wallet was involved in two transactions totaling 27.371 BTC, according to Arkham, a blockchain research organization. This

Visa’s New Web3 Loyalty Program Adds Gamified Rewards to Customer Experience

January 5, 2024 1 min read

Visa recently unveiled its Web3 loyalty program, which aims to redefine customer engagement by introducing interactive treasure hunts and gamified prizes. Through a unique loyalty engagement solution, the program is designed to empower brands to improve customer interactions and build meaningful connections. The Web3 loyalty program from Visa aims to go beyond traditional reward systems. To provide customers with engaging and memorable experiences, the initiative includes interactive treasure hunts and

Congressman Tom Emmer proposes a bill to reduce surveillance through CBDC

January 3, 2024 1 min read

Congressman Tom Emmer’s proposed bill, aimed at reducing surveillance through a central bank digital currency (CBDC), has received widespread support, with 75 cosponsors signing on. The bill, which was first introduced in January 2022 and reintroduced in September 2023, emphasizes the importance of protecting Americans’ financial privacy in the digital currency landscape. In the context of a potential CBDC in the United States, Emmer’s legislative effort places a strong emphasis

Over 4 trillion Shiba Inu (SHIB) tokens moved by a whale

December 27, 2023 2 mins read

Shiba Inu has seen significant whale activity in the last 24 hours, sparking speculation within the crypto community. According to reports, a Shiba Inu (SHIB) whale made a significant move, transferring around 4 trillion SHIB tokens to an unidentified wallet. This activity coincided with a decrease in the SHIB burn rate and a drop in the price of the crypto asset. The on-chain tracker Whale Alert revealed that the transfer

Shiba Inu (SHIB) Secures “.shib” Domain Through Partnership with D3 Global

December 22, 2023 2 mins read

Shiba Inu (SHIB) has announced a strategic alliance with domain name startup D3 Global to secure its top-level domain (TLD) “.shib.” This move aims to improve the user experience in the Web3 landscape by giving Shiba Inu a distinct and easily identifiable digital address. The acquisition of the “.shib” TLD is analogous to organizations having unique endings such as “.com” or “.org” in their web addresses. A unique web address

Solana’s market cap surges by over 14%, reaching a 19-month high of $85

December 21, 2023 1 min read

Solana, the blockchain sensation, is making headlines in the cryptocurrency market due to its exceptional performance. Within 24 hours, the native SOL token increased by 14%, reaching a remarkable nineteen-month high of $85. This surge not only increased Solana’s market capitalization by over 14% but also secured its place among the top five cryptos, with a current valuation of $36 billion, surpassing XRP. The increase in SOL’s price was not

Are ORDI, SATS, and MUBI the best BRC-20 tokens?

December 19, 2023 2 mins read

BRC-20 tokens have emerged as high-performing assets, with ORDI, SATS, and MUBI driving significant gains for token holders. The increase in value for these tokens can be attributed to crypto exchanges’ recent listing announcement, which has contributed to their impressive upward trend. Ordinals (ORDI) ORDI, the BRC-20 token that is intricately linked to Bitcoin via the Ordinals Protocol, has experienced an extraordinary growth spurt, skyrocketing by more than 500% in

SafeMoon files for bankruptcy amid fraud charges, executives arrested

December 15, 2023 1 min read

SafeMoon has filed for bankruptcy following fraud charges brought against it by the U.S. Securities and Exchange Commission (SEC). This development has sent shockwaves through the crypto community and caused a 14.4% plummet in the value of SafeMoon’s native token. The bankruptcy filing, made under Chapter 7, signifies SafeMoon’s intention to halt operations and liquidate assets to settle outstanding debts. The company acknowledges debts of approximately $500,000, while its assets

KuCoin Settles $22 Million Lawsuit with NYAG, Exits New York Operations

December 13, 2023 2 mins read

KuCoin has reached an agreement with the New York Attorney General (NYAG) to halt all operations in the state. The agreement stems from a lawsuit filed by KuCoin alleging illegal and unregistered sales of securities and commodities. KuCoin is required to pay over $22 million as part of the agreement, with over $16.7 million earmarked for refunds to New York-based users and an additional $5.3 million to the NYAG. The