US government wallet hacked for $20 million in crypto

Over $20 million worth of stablecoins and Ethereum was mysteriously moved from a wallet controlled by the United States government. This wallet contained funds tied to the notorious Bitfinex hack, sparking speculation and concerns of a potential theft. Recent movement of seized funds On a recent Thursday, over $20 million worth of assets, including stablecoins…

Sam Altman’s rebranded Worldcoin ramps up iris-scanning

Worldcoin, the “proof of personhood” cryptocurrency project founded by OpenAI CEO Sam Altman, said it was rebranding to World Network and ramping up efforts to scan every human’s iris using its ‘orb’ devices. This comes as the company aims to widen its worldwide mission. The company describes its core offering, its World ID, as a…

Stripe to buy stablecoin platform Bridge

Stripe has agreed to buy stablecoin infrastructure provider startup Bridge, the fintech said in a tweet without disclosing the value. Forbes had cited people familiar with the matter to report last week that the deal is valued at $1.1 billion.  The deal, still subject to regulatory approvals and closing conditions, is expected to be completed…

Digital asset surge amid Republican victory hopes

The digital asset investment scene has been buzzing with excitement lately. Investors are feeling more confident, thanks to political developments in the U.S. that suggest a possible shift in power. With a Republican win looking more likely in the upcoming November election, last week saw the biggest influx of capital into digital asset investment products…

Elon Musk shakes cryptocurrency world with Tesla’’s Bitcoin transfer

Elon Musk has once again shaken the cryptocurrency world, but this time it’s not due to a tweet. Instead, Tesla has made headlines by transferring nearly all its Bitcoin, worth an estimated $760 million, to unknown wallets. This has raised questions and speculations about whether the automaker is planning to sell off its remaining holdings.…

Harris vows crypto regulation in outreach to Black Americans

As the upcoming Unites States presidential elections are just around the block, Kamala Harris is ramping up her outreach to Black Americans. Harris, during her recent campaign, has pledged to support regulation of the crypto industry to give more investment certainty to the 20 percent of Black Americans who own or have previously owned digital…

Trump-backed World Liberty Financial starts token sale

New decentralised finance World Liberty Financial (WLFI), backed by Donald Trump and his family, has announced plans to start selling its public token from 15 October. This comes three weeks before the presidential election in the United States for which Trump is the Republican candidate. The project’s social media account said, “Public sale begins October…

U.S. regulators impose $32 billion in fines on crypto companies

U.S. regulators have dealt a significant blow to the cryptocurrency industry, imposing fines exceeding $32 billion to settle compliance issues. The wave of enforcement actions has been unprecedented, with a record $19.45 billion in 2024 alone. The most significant settlements came from companies like FTX, Alameda Research, Terraform Labs, Binance, and Celsius, marking a turning…

Binance delists four major crypto pairs

Binance has recently announced the delisting of four major crypto trading pairs. This decision is part of Binance’s ongoing efforts to maintain a high-quality trading environment and protect its users. The decision to remove specific pairs is driven by various factors, including low liquidity and trading volume. Why the delisting?  The pairs that will no…

HBO documentary claims to reveal identity of Bitcoin creator

The identity of Bitcoin’s creator has been one of the most compelling mysteries in the world of cryptocurrency. Over a decade has passed since Bitcoin’s rise, and the question of who Satoshi Nakamoto truly is has never been conclusively answered. Now, a new HBO documentary has reignited speculation, suggesting that Peter Todd, a Canadian developer,…