Monthly archives: May 2024

The Netherlands’ Fiscal Information and Investigation Service (FIOD) announced the arrest of a 26-year-old suspected to be involved in the ZKasino decentralized gambling platform scam. Meanwhile, speculations within the crypto community suggest that the arrested person could potentially be the pseudonymous founder of the platform known as Derivatives Monke. Asset seizures In the wake of …

Continue reading “Dutch authorities arrest suspect in ZKasino gambling scam, seize $12.2 million in assets”

Former BitMEX CEO Arthur Hayes expressed optimism regarding Bitcoin’s future trajectory, suggesting that the recent downturn marks a local bottom, with the flagship crypto poised for a gradual ascent over the coming months. Hayes shared his insights in a blog post on May 3, attributing the recent market slump to a variety of factors, including …

Continue reading “Arthur Hayes predicts Bitcoin is poised for a steady rise in value”

Quick Take Federal Reserve Chair Jerome Powell dismissed concerns about stagflation following the release of the latest US economic data. In his speech following the Fed’s decision to keep fed funds rates at 5.25%-5.50%, Powell stated: “So I don’t see the ‘stag’ or the ‘flation’.” Stagflation refers to a toxic combination of stagnant economic growth, …

Continue reading “Challenging the notion of ‘Stag’ or ‘Flation’”

The Argentine Chamber of Deputies passed a series of cryptocurrency tax opportunities for citizens holding undeclared assets in foreign countries as part of reintroducing the “Omnibus law.” The bill, which was dropped in February, has now been reintroduced and approved by the lower house and is expected to be discussed by the Senate in the …

Continue reading “Argentine Lower House Passes Cryptocurrency Legalizing Opportunity in Reintroduced Omnibus Law”

Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt and the loss of trust in …

Continue reading “Analyst: Gold and Silver Set to Rally Amidst a Collapse of the US Financial System”

Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regional banks are experiencing stress due to burdensome commercial real estate loans and the current …

Continue reading “Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment”

Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply. TON Blockchain Sees 70 Million Increase …

Continue reading “USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks”

Supra is a next-generation, vertically integrated blockchain ecosystem with powerful smart contracts, native Oracles, cross-chain communication, automation, and more into one unified, shared security infrastructure. Josh Tobkin is the Co-Founder and CEO of Supra. He recently joined the Bitcoin.com News Podcast to talk about the future of the crypto ecosystem and how his company fits …

Continue reading “Why Oracles, Bridges, and VRF Services Are so Important to Bitcoin L2 dApps – Supra CEO Josh Tobkin”