Category: News
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Solana Co-Founder Accused of Diverting Ex-Wife’s Staking Rewards
Stephen Akridge, co-founder of the Solana blockchain platform, is facing a lawsuit from his ex-wife, Elisa Rossi, over allegations that he misappropriated millions of dollars in staking rewards from her cryptocurrency holdings. Allegations of Exploitation Filed in the San Francisco Superior Court, the lawsuit claims Akridge used his advanced blockchain expertise to gain unauthorized access…
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MiCA Deadline Looms: Uncertainty Clouds Tether’s USDT in Europe
As the European Union’s Markets in Crypto-Assets (MiCA) regulation nears its December 30, 2024 deadline, uncertainty surrounds Tether’s USDT stablecoin. The lack of clear directives from European regulators has created a split among major cryptocurrency exchanges on how to proceed. Coinbase Leads Precautionary Measures In mid-December, Coinbase delisted USDT in Europe, citing compliance concerns with…
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LinqAI Launches Official Blog to Share AI Insights
LinqAI has unveiled its official blog site, marking a significant step toward sharing cutting-edge AI knowledge and fostering a well-informed community. The blog is poised to become a valuable resource for anyone interested in artificial intelligence advancements. A Hub for AI Knowledge The LinqAI blog aims to serve as a thought leadership platform, offering: This…
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Nakamoto Games Introduces $NAKA Mobile App for Play-to-Earn Gaming
Nakamoto Games has launched its $NAKA Mobile App, now available on Android devices. The app extends the Play-to-Earn (P2E) ecosystem to mobile platforms, allowing users to earn cryptocurrency through gaming on the go. Transition to Mobile Gaming The December 27 launch represents a step toward broader accessibility for Nakamoto Games’ P2E platform. The app is…
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Memecoin MIRA Raises Millions for Cancer Research Amid Volatile Trading
A memecoin created in response to a father’s plea for funding rare brain cancer research has generated over $1 million, despite its volatile market trajectory. The MIRA token, launched on the Pump.Fun platform, reached an $80 million market capitalization within hours before experiencing an 80% drop in value. The initiative began when Siqi Chen, founder…
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Bitwise and Strive File Proposals for Bitcoin-Focused ETFs
Bitwise Asset Management has filed with the US Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) called the “Bitcoin Standard Corporations ETF.” The proposed fund aims to invest in companies that hold substantial Bitcoin reserves as part of their corporate treasury. Additionally, Strive Asset Management, co-founded by entrepreneur Vivek Ramaswamy, has…
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Bitget Token ($BGB) Enters Top 20 by Market Cap
Native token of Bitget, $BGB, has made a remarkable entry into the top 20 cryptocurrencies by market capitalization. This milestone highlights the token’s exceptional growth trajectory, making it one of the most talked-about developments in the altcoin sector. $10 Billion Market Cap And 1100% Growth With its market cap surpassing $10 billion, $BGB has experienced…
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Montenegro Dismisses Do Kwon’s Extradition Appeal
Montenegro’s Constitutional Court has dismissed an appeal by Terraform Labs co-founder Do Kwon, removing a critical legal obstacle in his extradition process. The court’s decision, reportedly unanimous, cited procedural flaws in Kwon’s case and upheld a prior ruling that supported his extradition. US Extradition Gains Momentum The final decision now rests with Montenegro’s justice minister,…
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North Korean Hackers Linked to $308 Million DMM Bitcoin Heist
Japanese and U.S. authorities have formally attributed the $308 million cryptocurrency theft from DMM Bitcoin in May 2024 to North Korean cyber actors. The U.S. Federal Bureau of Investigation (FBI), Department of Defense Cyber Crime Center, and Japan’s National Police Agency identified the attackers as members of the TraderTraitor group, also known as Jade Sleet,…
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Russia Adopts Bitcoin to Counter Sanctions and Boost Trade
Russia has officially adopted Bitcoin and other cryptocurrencies for international trade as part of its strategy to bypass Western sanctions and secure new trade channels. Finance Minister Anton Siluanov confirmed the move during a televised announcement, stating that digital currencies mined domestically are now being used in foreign trade under a pilot framework. How Russia…