The recent announcement from Binance regarding its new token, BFUSD, has generated a considerable amount of buzz within the cryptocurrency community. Promising an annual percentage yield (APY) of 19.55%, BFUSD is being positioned as a new type of asset that diverges from traditional stablecoins. Unlike established options, BFUSD allows users to earn daily rewards just
Crypto
Heather Morgan, who gained notoriety under her rap alias “Razzlekhan,” was sentenced to 18 months in prison for her significant role in a notorious cryptocurrency crime. This incident, notorious for its audacity and scale, involved the laundering of funds taken during the 2016 Bitfinex hack, a breach that initially saw approximately 120,000 Bitcoins stolen. Morgan
As the United States prepares to transition to a new administration, the intersection of politics and cryptocurrency has come to the forefront. Brian Armstrong, CEO of Coinbase, is reportedly gearing up for a private discussion with President-elect Donald Trump, which could have significant implications for governance within the crypto sector. The Wall Street Journal has
In recent interactions between prominent figures in the cryptocurrency sector, particularly Charles Hoskinson of Cardano and Brad Garlinghouse of Ripple, a narrative of reconciliation and potential collaboration has emerged. This is particularly intriguing given the historically contentious relationship between the two ecosystems, particularly with Hoskinson’s previous remarks about Ripple and its community. Instead of maintaining
Meme-based cryptocurrencies have taken the digital asset world by storm, with Bonk emerging as a key player in the landscape. Following a significant uptick in its price, Bonk has caught the attention of both investors and analysts. This article delves into the factors contributing to Bonk’s recent success, its potential implications in the market, and
In a strategic maneuver to bolster its Bitcoin assets, Tokyo-listed company Metaplanet conducted a Board of Directors meeting on November 18th that culminated in a decision to issue new debts. The firm plans to raise 1.75 billion yen, roughly equivalent to $11.3 million, through the sale of one-year ordinary bonds, which will carry an annual
In an impressive display of resilience and growth, Solana has kicked off the week with a landmark achievement in its decentralized exchange (DEX) ecosystem. The platform has recorded a remarkable trading volume exceeding $70 billion in the past month—an unprecedented feat in its relatively short history. This surge in activity has been fueled by a
In a bold move that signals a shift in Poland’s political landscape, Sławomir Mentzen, a prominent libertarian politician and presidential candidate, has unveiled an ambitious plan to establish a Strategic Bitcoin Reserve if elected. The 37-year-old’s vision aims to carve Poland out as a global hub for cryptocurrency, resonating particularly with the libertarian and right-wing
Over the past weekend, the cryptocurrency market exhibited relative stability as Bitcoin, the largest cryptocurrency by market capitalization, remained firmly above the $90,000 mark. The digital asset has shown a commendable ability to withstand bearish pressure, briefly dipping below $89,000 before swiftly bouncing back. This resilience highlights the strength of buyer interest in the cryptocurrency
The Cardano Foundation, a pivotal entity supporting the Cardano blockchain ecosystem, has taken a significant step in fostering transparency with the release of its inaugural Financial Insights Report for the year 2023. This report serves as a vital companion to the earlier published Activity Report, signaling the Foundation’s commitment to openness regarding its financial activities.
