Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of traditional finance (tradfi). Since their debut, these ETFs have not only broken records but have also amassed more than a million bitcoins. Surging Spot ETFs Spark Power Shift in Crypto Investments The launch of these […] Original
Coinbase’s CEO unveils a bold plan to end failed lobbying, channeling tech money into pro-innovation candidates and rallying millions to reshape Washington’s future. Coinbase Ends Decade of Failed Policy – Armstrong Reveals the Bold New Plan Brian Armstrong, CEO of crypto exchange Coinbase (Nasdaq: COIN), has emerged as a prominent advocate for reshaping how the […] Source CryptoX Portal
The agent is part of a Solana project by X user “Skely”, but both the agent’s and Skely’s X accounts have since been suspended for reasons that, at the time of reporting, were still unclear. Investors Flock to Questionable Solana AI-Themed Project A Solana crypto AI agent dubbed AI Pool, created by an X user […] Source CryptoX Portal
Russia’s government has published a draft resolution on banning or providing restrictions on mining locally. The ban will take effect on Jan. 1, 2025, and run until Mar. 15, 2031. According to TASS, the mining ban will take place in Dagestan, Ingushetia, Chechnya, Kabardino-Balkaria and North Ossetia. The ban will include mining and participation in pools. The order has also not been entered into force in Luhansk and Donetsk People’s Republics, as well as some localities of Zaporizhia and Kherson. The same restrictions will also extend to certain sites in…
The crypto market has been indecisive over the past few days, but a few altcoins are now making moves. HBAR and AAVE are rallying, posting double-digit gains that have caught everyone’s attention. This has traders wondering which coin could be next to take off. Another coin generating a lot of excitement is Flockerz – which […] Source CryptoX Portal
North Korean hackers stole $308 million in Bitcoin (BTC) from Japanese cryptocurrency exchange DMM in May 2024, federal investigators confirmed Tuesday. The FBI, Japan’s National Police Agency and the Department of Defense Cyber Crime Center identified the North Korean group known as “TraderTraitor” as responsible for the theft of 4,502.9 Bitcoin, according to a new press release from the FBI. Investigators say the breach began in March when a hacker posed as a recruiter and sent a malicious GitHub link to an employee of Ginco, a DMM partner company. After…
2024 has seen a dramatic surge in interest in meme coins, with almost a third of investor interest focused on speculative tokens rather than fundamental projects. In 2024, one narrative appeared to dominate the crypto space more than any other: meme coins. These tokens, often deemed as dumb coins made for jokes or community-driven projects, have captured more than 30% of global investor interest, according to the latest survey conducted by crypto price aggregator CoinGecko. Top crypto trends in 2024 | Source: CoinGecko In total, the meme coin narrative claimed…
Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective blockchain. According to a Dec. 23 X post from Injective, INJ, the native utility and governance token of the Layer-1 Injective blockchain, is now officially integrated into the oldest Latin American exchange. The move will allow over 3 million Mercado Bitcoin customers to directly access the Injective ecosystem using fiat currencies like the Brazilian Real via its fiat to crypto on-ramp. As such, users will be able to engage with Injective’s decentralized finance ecosystem,…
The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and August, but still account for just 1% of all the volumes transferred to Salvadorans from abroad. One […] Source CryptoX Portal
Donald Trump’s administration is expected to pursue executive orders on day one to push cryptocurrency forward, with potential plans for a national bitcoin reserve and expanded crypto banking access. Crypto Industry Prepares for Possible Day-One Executive Orders From Trump’s White House U.S. President-elect Donald Trump is expected to move swiftly on cryptocurrency initiatives, with industry […] Original