Article written by Sophia Hernandez

Congressman Tom Emmer

Congressman Tom Emmer proposes a bill to reduce surveillance through CBDC

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

Shiba Inu Whales on the Move Spark Speculation Amidst Price Decline

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

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

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

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

reaching a remarkable nineteen-month high of $85

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

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

BRC-20 tokens have emerged as high-performing assets

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

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 Faces Bankruptcy and Executive Arrests Amid SEC Fraud Charges

SafeMoon files for bankruptcy amid fraud charges, executives arrested

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 has reached an agreement with the New York Attorney General (NYAG) to halt all operations in the state.

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

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

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users

Google announces changes to its crypto advertisements policy

1 min read

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users from potential crypto investment risks. These updates are focused on Cryptocurrency Coin Trusts, which are financial instruments that simplify the trading of shares in trusts that hold significant amounts of crypto. The changes are intended to provide users with more reliable information while also protecting them from potential risks associated with crypto investments.

Société Générale Ventures into Crypto

Société Générale Ventures into Crypto: Launches Euro-Backed Stablecoin ‘EUR CoinVertible’ on Bitstamp

2 mins read

The launch of Société Générale‘s euro-backed stablecoin, dubbed ‘EUR CoinVertible,’ on the Luxembourg-based exchange Bitstamp has made waves in the crypto space. This is a significant entry by a traditional bank into the crypto trading arena, particularly in the stablecoin market, which has previously been dominated by digital asset firms. Stablecoins are digital tokens with traditional currency value that closely track the value of fiat currencies. They play an important

Around $36.88 million in short positions were liquidated in a 24-hour period, with Binance exchange experiencing the highest liquidation amount at $15.62 million.

Bitcoin Soars Over $38,000, Triggers $36.88M in Liquidations

1 min read

Bitcoin began December on a high note, surging past $38,000 and nearly reaching $38,400, indicating a significant impact on the cryptocurrency market. Around $36.88 million in short positions were liquidated in a 24-hour period, with Binance exchange experiencing the highest liquidation amount at $15.62 million. The current market scenario also indicates the possibility of an additional $500 million in liquidations if Bitcoin’s price fluctuates between $38,300 and $39,000. This suggests

Binance exchange announced that it would no longer support the Binance USD (BUSD) stablecoin.

Binance to Discontinue BUSD Stablecoin Services in December

1 min read

On December 15, Binance announced that it would no longer support the Binance USD (BUSD) stablecoin. This action follows regulatory challenges faced by BUSD’s issuer, Paxos, earlier this year, which resulted in an order to halt the stablecoin’s minting. Back in August, Binance outlined its phased approach to gradually withdrawing support for the BUSD by February 2024. During this time, users were encouraged to switch to another stablecoin, FDUSD. Notably,

BLUR token experienced a surge in whale activity on November 27

Blur (BLUR) price drops as whales move 7 million BLUR to exchanges

1 min read

BLUR, a crypto backed by Paradigm, experienced a surge in whale activity on November 27, with large holders transferring over 7 million BLUR to exchanges like Binance and OKX. This influx of tokens to exchanges suggests a potential increase in supply, leading to reduced demand and subsequently a significant drop in the BLUR price. Market data from Spot on Chain indicates that the price decline followed the movement of tokens

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