A Nigerian court has adjourned the trial of Tigran Gambaryan, a jailed Binance executive, due to his illness. Gambaryan, a U.S. citizen and former federal agent, missed a scheduled court appearance. Nigerian High Court Judge Emeka Nwite postponed the trial to allow the Binance employee to receive medical treatment. Gambaryan’s Health Problems A Nigerian court […]
After TREMP’s Rally, Could DUM be the Next Politifi Token to Make Millionaires?
Doland Tremp’s (TREMP) recent rally has excited investors, with many on the hunt for the next big win. Enter FreeDum Fighters (DUM) – a new politifi token that takes aim at the U.S. presidential drama. With its clever mechanics and election satire, could DUM create the next wave of crypto millionaires? TREMP’s Price Surge Sets […]
Kamala Harris’s Odds of Winning Take a Major Hit After Fox News Interview, Shaking up the 2024 Race
Following a ‘testy’ interview with Bret Baier on Fox News, Vice President Kamala Harris has seen her odds of winning the election drop sharply to 38.7%, according to Polymarket bettors. Meanwhile, former President Donald Trump’s odds have climbed to 61.3%, reflecting a significant shift in the race. Major Shift in Betting Markets Signals Changing Fortunes […]
Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years
Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $ 225 million—to three unique and unidentified P2PKH (Pay to Public Key Hash) bitcoin …
Dormant 2011 Bitcoin Wallet Moves $6.59M After 13 Years of Silence
On Monday, a long-dormant bitcoin wallet, first activated on Aug. 4, 2011, made its move, sending 100 BTC—valued at $ 6.59 million—out into the world for the first time in over 13 years. While September saw some exciting transactions from 2009-era wallets, October has been relatively quiet when it comes to the reawakening of …
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $ 500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data is recoverable. Council Sued Over Lost $ 500M Bitcoin Hard …
Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025. Cleanspark Now Operates 30 EH/s of Computational Power According to […]
This Week’s NFT Sales See 10% Growth After Difficult September
Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $ 85.8 million, with Ethereum contributing $ 27.75 million. NFT Market Sees $ 85.8M in Sales, …
SEC’s Enforcement Chief Steps Down After Leading Over 100 Crypto Enforcement Actions
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, will leave the agency next week. During his tenure, he led several high-profile enforcement actions, particularly in the crypto sector, targeting noncompliant platforms and insider trading, resulting in billions in penalties. Gurbir Grewal to Depart as SEC Enforcement Director The […]
After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From Peak
According to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrocketed, but the meme token has since tumbled 45.6% below its highest value. Crypto Rollercoaster: Newly Launched Crypto Assets See Massive […]
Korean Exchange Bithumb Eyes Nasdaq Listing After Shelving KOSDAQ IPO Plans
Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ market. The decision was discussed during a shareholder meeting on September 30, 2024, as part of Bithumb’s strategy to expand into the U.S. market. The […]
CZ Outlines His Next Moves After Being Released
Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes. Thanking his supporters, Zhao explained that he would take some time to assess his next moves but highlighted that he would continue in the investment […]
Crypto Trading Volumes Double After Lifting of Ban in Bolivia
According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with stablecoins leading the way and transaction numbers also rising. Bolivia Experiences a Crypto Renaissance After Lifting […]
Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug. 29, 2024, mining revenues […]
Binance Founder CZ Released From US Custody After Serving 4-Month Sentence
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $ 50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, …