Russian Official Expects Agreement on BRICS Currency This Year – Economics Bitcoin News

The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of its dominance,” said the Russian official. Agreement on BRICS Currency Could Be Reached in 2023, Says Russian Official Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, discussed BRICS currency and the…

YouTuber regains control of channel after being hacked to promote XRP scams

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Popular YouTuber DidYouKnowGaming has regained access to his channel after it was hacked by an unidentified bad actor and used to promote XRP scams. XRP is one of the most liquid cryptocurrencies with a market cap of over $24.6b as of April 30. DidYouKnowGaming YouTube channeled hacked DidYouKnowGaming is a popular channel with over 2.4m subscribers and became a target for hackers on April 28. so sorry you’re having to deal with this! first, we’ll need…

Hacker reportedly steals bitcoin from Russia’s intelligence services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An unnamed Bitcoin user reportedly hacked hundreds of wallets purportedly controlled by Russian security services, stealing coins and sending them to addresses belonging to Ukrainian volunteers engaged in the war. According to a now-deleted report by on-chain data analysis firm, Chainalysis, from Feb. 12, 2022, to March 14, 2022, a mysterious user reportedly accessed close to 1,000 bitcoin (BTC) addresses he claimed belonged to Russia’s security services. JUST IN: 🇷🇺 986 #Bitcoin wallets reportedly controlled by…

Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap – Markets and Prices Bitcoin News

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99% in 24 Hours, Now Fifth-Largest Meme Token by Market Cap On April 30, 2023, the top meme coin crypto assets by market capitalization are worth $19.11 billion. Over the past 24 hours, the valuation of…

Crypto adoption rises despite setback from scams and rug-pulls

As the crypto industry continues to evolve, this week saw a flurry of activity that reflected the promise and pitfalls of digital assets. On one hand, there were several developments from private firms that signaled growing adoption and integration of crypto into the mainstream financial system. Meanwhile, there were discouraging scams and rug-pulls, reminding investors of the need for vigilance.  More investment in blockchain Numerous developments surrounding private firms demonstrated the increased attention the crypto scene is garnering. One of the initial reports involved Bank Syz, a private financial institution…

Lightning Labs updates Litd, anyone can now run Bitcoin Lightning Network nodes

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lightning Labs, the team behind Lightning Network (LN), has upgraded Litd to permit ordinary users to operate their own Lightning Network (LN) nodes. Users can now send and receive bitcoin (BTC) in a non-custodial style without technical proficiency.  Latest Litd advancement Lighting Labs introduced new changes in the Lightning Network management tool, Litd, based on feedback from the node operator community and developers. The new version lets users interact with the Lightning Pool freely by sending…

NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023 – Markets and Prices Bitcoin News

Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates, Bored Ape Yacht Club Leads in Collections NFT sales surpassed $1 billion in both January and February 2023; however, sales figures declined in March and April. According to cryptoslam.io’s latest NFT sales data for April,…

Digital Domination: The Rise of the AI-Driven Blockchain Matrix

In the face of the ever-evolving world of technology, this fictional story was inspired by the fascinating confluence of groundbreaking advancements in artificial intelligence, the unprecedented hype surrounding blockchain technology, and the enduring allure of the Matrix concept. The narrative aims to explore the potential consequences of these developments by weaving together elements from each domain, sparking the reader’s imagination and encouraging reflection on the complex interplay between technology, power, and the human spirit. As we continue to witness rapid advancements in AI and the widespread adoption of blockchain, this…

Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days

Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than 4%. Could the rally continue in May or is it time for a pullback? The recovery could face headwinds if the United States banking woes escalate further. JPMorgan Asset Management chief investment officer Bob Michele said in an interview with Bloomberg that the turmoil at First Republic Bank is unlikely to be limited to the bank only, and…

Experts Predict Final Hike of 2023 – Economics Bitcoin News

After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May 2-3 Federal Open Market Committee (FOMC) meeting. While economists are anticipating a rate hike in May, they anticipate that it will be the final one in 2023. The majority of polled economists believe that the…