Category Archive: Cryptocurrency, No picture
Litecoin’s X account hacked to promote fake Solana LTC token
Key Takeaways Litecoin’s X account was hacked to promote a fake Solana-based token with the same LTC ticker. Hackers are increasingly using targeted phishing emails disguised as X team communications to steal user credentials. Share this article The official X account of Litecoin appeared to have been compromised earlier today, according to numerous reports from […]
El Salvador’s tourism thrives amid Bitcoin adoption
Key Takeaways El Salvador’s tourism industry saw a 22% increase in 2024, with 3.9 million visitors. The country’s Bitcoin adoption has coincided with improvements in security and new inflows from the US. Share this article El Salvador sees a boom in tourism amid its Bitcoin adoption as a legal tender.According to a recent report from […]
Pro-crypto advocate Ammon Simon appointed chief counsel to Senate Banking Committee
Key Takeaways Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs. Simon’s appointment is expected to influence crypto regulation, promoting innovation with investor protection. Share this article Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according […]
What is DeFAI? How AI is driving the next wave of DeFi innovation
Key Takeaways DeFAI bridges AI and DeFi, introducing a new era of on-chain automation. Autonomous agents in DeFAI handle complex activities like staking and liquidity management within secure frameworks. Share this article DeFAI, the intersection of artificial intelligence (AI) and decentralized finance (DeFi), is rapidly transforming the crypto industry.This emerging term, though inclusive of AI […]
CGPT token soars 90% on Binance listing as AI agents trend upward
Key Takeaways CGPT token surged 90% after its Binance listing, raising its market cap to $335 million. The AI agent sector has doubled its market value to exceed $14 billion since late November 2024. Share this article ChainGPT’s CGPT token surged 90% after Binance listed it for spot trading, alongside aixbt by Virtuals (AIXBT) and […]
CryptoQuant analyst signals Bitcoin’s dip as a prime accumulation opportunity
Key Takeaways Short-term Bitcoin investors are selling at a loss, creating potential accumulation opportunities. Indicators like MVRV and NUPL suggest that the Bitcoin market remains in an upward trend. Share this article Bitcoin’s decline has created a prime opportunity for accumulation, according to CryptoQuant analyst Mac_D. The token has shown no signs of strength following […]
Bitcoin retreats to $92,5K as strong US jobs data reverses 12-hour gains
Key Takeaways Bitcoin’s price fell to $92.5K following stronger-than-expected US jobs data. The broader crypto market also declined, erasing a 12-hour rally. Share this article Bitcoin erased its 12-hour rally on Friday, retreating to $92.5K in the immediate aftermath of stronger-than-expected US jobs data. The largest crypto asset by market cap printed 14 consecutive hourly […]
Kenya set to legalize crypto, says Finance Minister John Mbadi
Key Takeaways Kenya is set to legalize cryptocurrencies, as announced by Treasury Cabinet Secretary John Mbadi. This planned legislation is aimed at creating a regulated environment for cryptocurrencies and Virtual Asset Service Providers, while mitigating risks including money laundering and fraud. Share this article Kenya plans to legalize crypto assets, shifting away from its previous […]
Russian authorities begin liquidating 1 billion rubles in Bitcoin in landmark bribery case
Key Takeaways Russian bailiffs are in the process of transferring Bitcoin from Marat Tambiev to state revenue. The case involves the confiscation of 1,032.1 BTC, marking a significant crypto bribery scandal in Russia. Share this article Russian bailiffs are in the process of liquidating more than 1,032 Bitcoin, worth approximately one billion rubles, seized from […]
Phantom faces backlash for allegedly misleading investors over Ace of AI partnership
Key Takeaways Phantom faced criticism after Ace of AI announced a supposed partnership, causing investment in ACE. Clarification by Phantom that it was not an official partnership led to ACE token’s value drop. Share this article Phantom, a prominent multi-chain crypto wallet provider, faced criticism after their social interaction with Ace of AI, which many […]
