Nearly a quarter of a trillion dollars has been added to the US national debt in less than three weeks. According to the U.S. Treasury Department’s Debt to the Penny dataset, the total US national debt jumped by approximately $246.96 billion between February 28th and March 17th. The debt increase represents approximately 49% of the …
Category archives: Trending Crypto news
New Jersey Woman Allegedly Drains $86,840 From Bank Accounts in Debit Card Fraud Scheme
A New Jersey woman is accused of draining nearly $90,000 from the bank accounts of half a dozen people. The Office of New Jersey Attorney General, Jennifer Davenport, says 46-year-old Ibelis Gonzalez used fake IDs to steal $86,840 from victims’ accounts. The New Jersey attorney general alleges that from May 14th, 2024, through June 10th, 2024, …
Quantum risk real to some but not all crypto wallets ‘equally vulnerable’: Galaxy
The quantum risk to Bitcoin investors is real, but not all wallets are vulnerable, and the people best positioned to address it are working on it, says Galaxy Digital research analyst Will Owens. Owens said in a report on Thursday that, in theory, a quantum computer could derive private keys from public keys, allowing an …
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Super Micro co-founder arrested over alleged $2.5B AI chip smuggling scheme
US authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar scheme to smuggle advanced artificial intelligence chips from the US to China. The Justice Department said in a statement on Thursday that it had unsealed an indictment charging Yih-Shyan “Wally” Liaw, as well as Super …
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Gemini sued over post-IPO strategy shift, declining stock price
Gemini has been hit with a proposed class action in New York for allegedly misleading investors during and after the crypto exchange’s September initial public offering. The class action lawsuit filed by shareholders on Thursday in a Manhattan federal court against Gemini, its co-founders Tyler and Cameron Winklevoss, and company executives, claims they made misleading …
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Appeals court denies Kalshi request to block Nevada enforcement action
A federal appeals court has cleared Nevada state authorities to enforce a temporary restraining order against Kalshi, blocking its sports-event contracts. The Ninth Circuit Appeals Court on Thursday denied Kalshi’s emergency request to stay a lower court proceeding, meaning the case returns to federal court and allows Nevada regulators to take action. Gaming lawyer Daniel …
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FBI warns fake FBI token on Tron is trying to scam users
Scammers impersonating the FBI via a token are telling Tron users they are under investigation and must complete a check to avoid having their assets frozen. The US Federal Bureau of Investigation says a scam using a token on the Tron blockchain is impersonating the agency with the aim of grabbing personal information. FBI New …
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Solana DApps revenue falls to 18-month low as SOL price risks $80 retest
Key takeaways: SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium. While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector. Solana’s native token SOL (SOL) faced a 3-day 11% decline after peaking at $97.70 on Monday. Thursday’s move …
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Coinbase, Apex Group tokenize Bitcoin Yield Fund on Base
Coinbase has brought its Bitcoin Yield Fund onto its Base blockchain, launching a tokenized share class for the fund in partnership with the financial services firm Apex Group. Apex said in a statement on Thursday that the tokenized share class of Coinbase Asset Management’s fund “is set up to interact with compatible platforms, wallets, and …
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Bitcoin Price Cools Off — Range Forms Around $70K Support
Bitcoin price started a sharp decline from well above $73,000. BTC is now consolidating and might aim for a fresh increase if it clears $72,400. Bitcoin started a sharp decline below $72,000 and $71,500. The price is trading below $72,500 and the 100 hourly simple moving average. There is a bearish trend line forming with …
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Chainlink Bears Take Control, But $9.55 Flip Could Change Everything
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
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Teucrium Founder Predicts What Will Happen To Ripple If XRP Price Goes To $3
The potential impact of Ripple securing a full banking license is gaining significant traction after Teucrium Chief Executive Officer (CEO) Sal Gilbertie discussed the crypto company’s massive holdings and the XRP price. Analysts are now weighing what it could mean if the XRP price climbs to $3 on the back of Ripple’s potential transformation from …
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Crypto Fear Gauge Hits Extreme Level Even As Traders Bet On Relief Rally
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …
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Bitcoin Demand Heats Up: Coinbase Premium Green For 25 Straight Days
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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Sol Rally Toward $100 Fizzles As Solana Competitors Rise
Key takeaways: SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium. While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector. Solana’s native token SOL (SOL) faced a 3-day 11% decline after peaking at $97.70 on Monday. Thursday’s move …
Continue reading “Sol Rally Toward $100 Fizzles As Solana Competitors Rise”