Industry News
London woman convicted in $4.3B Bitcoin laundering scheme
London Resident Jian Wen’s Conviction for Money Laundering Operation Involving $4.3 Billion in Bitcoins: A Meticulous Five-Year Investigation Jian Wen, a resident of London, has recently been convicted for her involvement in an intricate money laundering operation involving bitcoins worth over $4.3 billion. The Metropolitan Police’s five-year investigation into this financial crime has come to…
Dogecoin (DOGE) and Shiba Inu (SHIB) battle for meme coin supremacy
The Memetic Battle Between Dogecoin (DOGE) and Shiba Inu (shib): Analysts Predict Significant Price Surges for Both Meme Coins Crypto Analyst DonAlt Expresses Optimism Over Dogecoin’s Price Potential Famous crypto analyst DonAlt, in a recent video on his YouTube channel, has expressed optimism towards Dogecoin (DOGE), proposing that the meme coin may experience substantial price…
Ripple lawyers challenge SEC chair on crypto stance
Recent Criticism Against SEC Chair Gary Gensler: Pro-XRP Lawyers Speak Out Amidst a flurry of critiques from the cryptocurrency community, prominent pro-XRP lawyers have expressed strong opposition towards SEC Chair Gary Gensler. They have accused him of lacking leadership and unfairly targeting the crypto industry due to his recent remarks on the necessity of public…
Worldcoin Foundation makes its Orb technology open source
worldcoin Foundation Open-Sources Key Components of Its Orb Technology: A Commitment to Trust, Transparency, and Collaboration worldcoin Foundation, the organization responsible for the development of a digital asset protocol led by OpenAI co-founder and CEO Sam Altman, declared on July 14, 2023, its intention to open-source core components of its Orb technology. This significant move…
European Parliament approves new anti-money laundering legislation impacting cryptocurrency transactions
The contact Parliament’s approval of extensive Anti-Money Laundering (AML) legislation represents a significant milestone in enhancing regulatory oversight within the digital currency space across the contact Union (EU). This groundbreaking legislation, which has obtained preliminary approval from both the contact Council and Parliament, carries profound implications for cryptocurrency transactions throughout the EU. Prohibition of Cryptocurrency…
United Kingdom court convicts resident for money laundering
A London Resident Faces Legal Consequences for Money Laundering with Over $4.3 Billion in Bitcoins In a recent development, Jian Wen, a resident of London, has been brought to justice by the United Kingdom’s legal system after being discovered in possession of bitcoins valued at an astonishing $4.3 billion. Wen’s involvement in a money laundering…
United Nations discusses the involvement of North Korea in crypto heists
Unraveling North Korea’s Crypto Heists: A $3 Billion Source of Foreign Currency for Weapons Development The latest United Nations (UN) report sheds new light on the illicit activities of North Korean cyber actors in the realm of cryptocurrency. The UN panel of experts estimates that 50% of the country’s foreign currency earnings since 2017 have…
Hedera Hashgraph joins UK crypto asset business council, HBAR price sees minor impact
Hedera Hashgraph Joins UK Cryptoasset Business Council: A Strategic Move in the Rapidly Evolving Cryptocurrency Landscape In a move to strengthen its position in the rapidly evolving cryptocurrency industry, Hedera Hashgraph, the team behind the HBAR token, has recently announced its membership in the UK Cryptoasset Business Council (UKCBC). This strategic decision reflects Hedera’s commitment…
Why is the U.S. monitoring Russia’s crypto activities closely?
In the ever-evolving landscape of global finance, the United States has amplified its surveillance efforts, particularly regarding Russia’s cryptocurrency activities. This heightened vigilance stems from a growing concern that digital currencies like Bitcoin and Tether are being used as covert weapons in sophisticated influence operations. Let’s delve deeper into this intricate web of deception: two…
Persona 3 Reload’s Episode Aigis: The Answer DLC Unveils Exciting Additions
Persona 3 Reload fans have been eagerly waiting for the upcoming Episode Aigis: The Answer DLC, a new expansion that promises to enrich the gaming experience with an extensive list of fresh features. Recently, developers have given us a sneak peek into what this highly-anticipated DLC has in store for players. New and exciting content…
New Horror Game “Crow Country”, Delivers PlayStation Nostalgia
PlayStation Enthusiasts and Horror Aficionados Unite: Prepare to be Thrilled by the Upcoming Title, “Crow Country” A Nostalgic Journey into the World of “Crow Country” The gaming community, particularly those who hold a special place in their hearts for PlayStation and horror genres, are in for an unforgettable experience as the latest title, “Crow Country,”…
XRPL launches AMM feature, opening new passive income avenues
The XRP Ledger (XRPL), a decentralized financial (DeFi) platform, has made a major stride in its evolution with the introduction of an Automated Market maker (AMM) feature. This development went live on March 22, as announced by the RippleX team. The implementation of this non-custodial AMM marks an essential advancement in the XRPL decentralized exchange…
What does Worldcoin plan to achieve by making Orb software open-source?
worldcoin Makes a Bold Move Towards Transparency: Open-Sourcing Its Orb Software In a significant development for the blockchain community and in line with its mission to democratize access to the global economy, worldcoin has announced that it will be making the core components of its Orb software open-source. This decision is expected to enhance transparency…
Crypto mogul Star Xu squashes arrest speculations in bold response
Rumors of Star Xu’s Arrest by American Authorities: A Direct Response from the OKX Founder The cryptocurrency world was abuzz with rumors regarding the arrest of Star Xu, the founder of OKX, one of the largest offshore exchanges. These unsubstantiated claims emerged on various platforms, causing a ripple effect across the community. In response to…
UAE emerges as a key player in the global Crypto investment scene
The United Arab Emirates (UAE) has cemented its role as a major player in the global cryptocurrency investment sector, with recent reports revealing substantial gains made by local investors in 2023. According to data from a leading blockchain analytics firm, UAE investors amassed capital gains totaling $204 million from their cryptocurrency ventures last year. Unprecedented…
Bankers go bonkers as FTX dangles 8% stake in hot AI startup Anthropic
FTX’s 8% Stake in Anthropic: Who Will Be the Fortunate Buyer? The bankruptcy court in New York has given its approval for FTX’s estate to sell its 8% stake in Anthropic, an artificial intelligence (ai) startup. This significant investment, worth $500 million three years ago, has now seen its value more than double due to…
Why does the world still believe the US is the leading economy when half of its states are in recession?
Amidst Economic Uncertainties: Half of American States Suffer from Recession and USD Faces Challenges The United States economy is currently grappling with a multifaceted crisis, with implications reaching far beyond its borders. Recent economic data paints a concerning picture as half of the American states are experiencing a recession. This prolonged period of economic downturn…
WisdomTree granted NY charter to offer crypto custody and stablecoin services
WisdomTree Obtains NYDFS Charter for Crypto Services: Establishing WisdomTree Digital Trust Company, LLC and Introducing WisdomTree Prime WisdomTree, a leading global asset management company, has recently announced that it has received a charter from the New York State Department of Financial Services (NYDFS) to offer crypto-related services, making it the latest addition to an exclusive…
Pakistan University kickstarts classes in the Metaverse
The Information Technology University of Lahore in Pakistan: Pioneering Metaverse-Based Learning The Information Technology University (ITU) of Lahore, Pakistan, has recently made headlines by introducing the country’s first-ever virtual reality (VR) classes within the metaverse. This groundbreaking initiative marks a significant leap forward in educational technology, as reported by local Pakistani news outlet Samaa TV…
Crypto market experiences general crash ahead of the upcoming Bitcoin halving
The cryptocurrency market experienced a substantial downturn on Friday, with major coins such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) undergoing noticeable price declines. Bitcoin, the largest digital asset by crypto market capitalization, saw a decrease of over 4% in the last 24 hours, dropping to approximately $63,400, according to CoinGecko. Bitcoin’s Halving and…