Namecheap recorded an astounding 1.1 million bitcoin transactions with over $ 73 million generated in revenue. Revenue Milestone for Namecheap Using Bitcoin Namecheap has been providing domain registration services for over two decades. In 2013, they became first domain registrar to support bitcoin payments for domain services via Bitpay. In 2020, the company added …
“Post-financial crisis regulation is over,” a top U.S. lawmaker has declared, calling for urgent reforms to digital asset oversight, regulatory transparency, and leadership accountability at federal agencies. Lawmaker’s Warning Signals Major Shake-up for Financial Oversight Agencies House Financial Services Committee Chairman Patrick McHenry criticized federal regulators during a Wednesday hearing, calling for updated financial oversight […]
A crypto mining firm faces a $ 14 million penalty after admitting to a $ 2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have …
Andrew Tate, former kickboxer and social media personality, has made the case for investing in bitcoin over other assets, such as gold and real estate. On social media, Tate expressed worries about the size of his BTC stash, stating he had concerns about a few hundred BTC might not be enough. He declared that he […]
Dogecoin (DOGE) has surged to become the sixth most valuable cryptocurrency, experiencing an impressive 80% increase in just seven days. The popular meme-inspired digital currency has surpassed Ripple’s XRP and USDC, achieving a market capitalization of over $ 41 billion, with a staggering daily trading volume exceeding $ 20 billion. At its peak, …
Kremlin spokesman Dmitry Peskov noted that the abuse of the U.S. dollar as a political instrument has caused other nations to be concerned about potential roadblocks to using the currency in the future. Kremlin Highlights Nations’ Concerns on the U.S. Dollar Weaponization The Kremlin has referred to the negative reactions that the current strategy surrounding […]
A pro-crypto Congress takes shape as more than 280 newly elected crypto-friendly allies promise to drive bold reforms, fueling momentum for a decentralized financial future. A New Congress Emerges, Driven by Crypto Voters and Rising Influence The U.S. cryptocurrency industry saw major successes in this week’s elections, with over 280 pro-crypto candidates winning congressional seats […]
The Kenyan government collected $ 77.5 million tax revenue from cryptocurrency traders in the last fiscal year. Kenya Seeks $ 465 Million in Crypto Taxes The Kenyan government collected $ 77.5 million (10 billion shillings) in taxes from cryptocurrency traders during the 2023-24 financial year, Anthony Mwaura, head of the Kenya Revenue …
Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $ 90.3 million, a 47.5% increase from $ 61.2 million in the same period last year. The company’s cloud-mining solutions saw even more significant growth, with revenue rising 51.4% year-over-year …
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available on November 1, 2024, covers a total value of over $ 21.5 …
In a market flooded with useless meme coins, one new project is taking a different approach – and investors are noticing. The Crypto All-Stars (STARS) presale has just passed the $ 3 million mark, hinting that it might have more staying power than the average dog or cat coin. STARS Presale Hits $ …
The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $ 688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous quarter. Phishing attacks emerged as the most costly threat, accounting for approximately $ 433 …
Russia reveals that over 30 nations are pursuing deeper engagement with BRICS, aiming to finalize an expansion list by the year’s end amid unprecedented alliance growth. Russia Confirms Over 30 Countries Eye Deeper BRICS Alliance Russia plans to consult with over 30 countries interested in deeper engagement with the BRICS bloc by the year’s end, […]
Elon Musk teased “69.420% coming soon” in a post about Trump’s lead over Harris, while Biden sparked backlash for allegedly calling Trump supporters “garbage.” Elon Musk Hints at 69.420% After Trump-Harris Polls as Biden’s ‘Garbage’ Comment Sparks Uproar Tesla and Spacex CEO Elon Musk stirred attention on social media platform X on Wednesday by posting, […]
While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members could choose to continue it without support from the BIS. BIS Considers Ending Mbridge Project, BRICS Countries Could Use It for Circumventing Sanctions The Bank for International Settlements (BIS) is […]