BRICS to Promote National Currencies Before Issuing Common OneThe BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of…
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister SaysCryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions…
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With ChinaBRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade. Economic Clash With West Requires Discarding Dollar, BRICS…
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad Poor Dad, Robert…
Russian Official Expects Agreement on BRICS Currency This YearThe 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…
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market CapPepe (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%…
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023Sales 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,…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…- Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…- Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…- Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
How These Whitehat Hackers Helped Oasis Network Get Back $140 Million In Stolen CryptoAccording to a recent announcement by Oasis Network on February 24th, the decentralized finance (DeFi) platform had collaborated with whitehat hackers to recover funds that had been stolen from Solana’s Wormhole bridge. On February 2nd, Wormhole had been hacked, and it was estimated that around $326 million worth of cryptocurrency had been stolen, with the…
Ethereum Pauses Glamsterdam Hoodi Fork Over EIP-8037 and EIP-8038 Gas Risks NewTLDR: Ethereum core developers delayed the Glamsterdam fork on Hoodi after a ChainSecurity report. Gas already spent can return mid-transaction, which lets the gasleft() value rise during execution. A failed sub-call can return gas, so an unreachable path runs and the transaction looks successful. Developers will review contracts this week, and the fix may need…
Kraken Parent Payward Plans to Become First CFTC-Regulated HIP-3* Deployer on Hyperliquid NewTLDR: Payward plans to become the first CFTC-regulated deployer on Hyperliquid’s HIP-3* perpetual markets. Bitnomial would deploy and clear the markets, while NinjaTrader Clearing would carry client accounts. HIP-3* adds optional onchain allowlists for permissioned markets without affecting existing markets. The initial HIP-3* version is live on testnet, with specifications still subject to change. Payward,…
Amkor Technology (AMKR) Stock: Q3 Revenue Hits $1.99 Billion as Margins Expand NewTLDR Amkor Q3 revenue reaches $1.99 billion as gross margin expands to 18.3% in 2026. AMKR shares fall 6.34% in regular trading before gaining 3.23% after hours. Amkor’s Q3 net income rises to $191 million, with EPS increasing to $0.76 per share. Computing and automotive revenue set records despite softer communications demand. Amkor forecasts up…
Celestica Inc. (CLS) Stock: Jumps as Q3 Revenue Soars 83% to $5.83 Billion NewTLDR CLS stock rebounds 9.17% after hours, reversing a 5.14% regular-session drop. Celestica Q3 revenue surges 83% to $5.83 billion as cloud infrastructure expands. Adjusted earnings jump 109% to $3.30 per share, with margins reaching 8.5%. Celestica raises its 2026 revenue outlook to $21 billion and EPS to $11.55. Celestica targets $40 billion in 2027…
SpaceX (SPCX) Stock: Drops as $40 Billion GPU Deal Boosts Grok and Data Center Plans NewTLDR SpaceX (SPCX) stock falls 0.40% to $146.90 before a 0.30% after-hours rebound. SpaceX secures $40 billion in GPU financing led by Apollo and Goldman Sachs. Nvidia Vera Rubin chips will expand Grok computing and data center capacity. SpaceX expects GPU leasing to begin in the first half of 2027 under its deal. Rising debt…
Vertex, Inc. (VERX) Stock: Unveils Vertex Sōl to Transform Tax Compliance With AI NewTLDR Vertex launches Sōl to connect tax reporting, audit records, and AI decisions. VERX stock slides 1.49% to $15.16 following the launch of its Vertex Sōl platform. Vertex Sōl gives tax teams greater control over AI recommendations and decisions. A Vertex survey finds 81% demand full visibility before adopting compliance AI. New tools link tax…
Bitcoin Bottom or Bull Trap? 30,000 Wallets Exit as $72,500 Risk Grows NewTLDR: Santiment counted 59.95 million non-empty Bitcoin addresses on October 26, down 30,000 since October 16. BTC touched $79,332 on Monday before trading near $80,000, with resistance marked at $82,000–$82,500. Ali Martinez flagged a four-hour channel breakdown, identifying $72,500 as a potential buying area for BTC. U.S. spot Bitcoin ETFs lost $635.6 million on October…
Tether stops fighting freedom of information request, allows disclosure of reserve dataStablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. The stablecoin firm…
BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdingsBlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing…
Texas regulator says Abra secretly moved funds to Binance, has been insolvent for monthsThe Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. The regulator said Abra made misleading statements by suggesting it was…
Binance.US reportedly cuts 50 staff following SEC chargesBinance.US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments., Reuters reported June 15. Two Binance.US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. Binance.US has not officially announced the staff cuts.…
Do Kwon’s detention extended six months by Montenegrin courtA Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents. He faces…
Prosecutors withdraw 5 charges against Sam Bankman-Fried to ensure trial proceeds on scheduleDisgraced FTX founder Sam Bankman-Fried’s attempt to strike some of the accusations from his charge sheet may have backfired after prosecutors requested the court “sever” five of the newer charges from the case. New York federal prosecutors made the request in a letter addressed to presiding Judge Lewis Kaplan filed on June 15. The withdrawn…
Marathon Digital issues fraudulent activity alert over fake Russian stock certificates and other related scamsMarathon Digital Holdings has issued a public warning about fraudulent activities conducted under its brand name, disclosing in a June 15 press release that it had detected a series of fraudulent websites, apps, and communications falsely claiming to be associated with Marathon. According to Marathon, such fraudulent activities include deceptive communications by individuals pretending to be…
Nigeria SEC declares Binance operations in country illegalThe Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal
OECD introduces tax reporting framework for crypto industryOECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8
Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tankingChicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase
Ethereum futures liquidations soar to 1-month high on OKXThe number of ethereum (ETH) futures contracts liquidated by OKX, a crypto trading platform, is at a 1-month high
DappRadar report: blockchain gaming revenue rose in May as investment soar to $476 millionBlockchain gaming revenue rose 6% in May 2022 despite a contraction in crypto prices. Investment also reached $476 million, data from DappRadar shows
Binance CEO comments on rumors behind crypto market volatilityChangpeng Zhao, the Binance CEO, has commented on recent comments attempting to explain rapid crypto price movements following SEC's lawsuit
AI pioneers, SingularityNET and InQubeta, can be game-changersInQubeta and SingularityNET are AI pioneers and crypto analysts are confident they can be game-changers. The QUBE presale is ongoing and has raised over $340,000
Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield NewOttawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers, while keeping the ban on paying holders interest.
OpenAI Launches GPT-6.1 Terra, Its Half-Good AI Model at Half the Price NewOpenAI's mid-tier model now operates apps and screens more like a person would, with API prices 50% below GPT-5.6 Terra and an error rate that OpenAI says fell sharply.
Unitree Stock Jumps as Investors Bet Chatbot AI Will Finally Give Robots a Brain NewUnitree's shares have jumped about 60% in under two weeks as investors bet OpenAI's GPT-6 Astra will give robots the brains they lack, turning the stock into an AI proxy.
NBA Embraces the CFTC on Prediction Markets as the NFL Fights It in Court NewThe agreement, which follows similar deals with MLB and NHL, establishes information-sharing to guard against insider trading as sports betting migrates to CFTC-regulated venues.
South Korea Arrests Seven in First Big AI-Assisted Hacking Case NewPolice in Seoul say a 32-year-old with no IT background used AI tools to break into about 90 hospitals, schools and companies, then pressed victims for roughly $270,000 combined.
AI Agents Found a Way Into Anthropic's Business Systems in Under 12 Hours NewCathedral, a startup founded by ex-DOGE staffers, says its AI agents found paths into Anthropic's sales, HR, and IT systems through third-party software.
Why Prediction Markets Got the Brazilian Election So Wrong NewExperts say Brazil's prediction market ban left the odds in the hands of traders with little knowledge about the election.
Dexalot Launches First Central Limit Order Book Subnet on Avalanche with $1M+ in IncentivesDexalot’s novel infrastructure enables users to access a decentralized trading protocol with a centralized exchange experience.Dexalot, a decentralized cryptocurrency exchange has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.The Dexalot Subnet aims to replicate the user experience of a centralized exchange (CEX) without compromising on decentralization and…
Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized…Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized Finance MarketIntainMARKETS’ Subnet Facilitates Efficient, Cost Effective, and Transparent End-to-End Asset Issuance, Investment, and Administration.Intain Inc., a leading structured finance platform, has launched IntainMARKETS, a marketplace for tokenized asset-backed securities built as an Avalanche Subnet. By launching as a Subnet, IntainMARKETS aims to…
Avalanche Explorer Gets a Brand New Upgrade for All P-Chain DataThe new tool pulls up-to-the-second data on validators, rewards, Subnets, and more.Ava Labs has launched a brand new explorer for Avalanche’s P-Chain, providing deeper visibility into all P-Chain activities from staking to granular transaction details. As one of three main chains in Avalanche’s Primary Network, the P-Chain maintains validators and empowers builders to launch Subnets. The…
Avalanche Park X Ed Balloon Concert Series to Launch in DTLA in February with Emerging NFT ArtistsThe inaugural event offers a new way to experience music through Web3, giving fans NFT-gated access benefits and digitally stamping music on Avalanche.On February 23 in Downtown Los Angeles, the Avalanche Park x Ed Balloon concert series will open with a show at WisdomeLA, an immersive art and entertainment park that has geodesic domes with…
Developer Spotlight: Usman Asim has Big Plans for Rust and ZKs on AvalancheThe Chainstack Dev plans to run his own dApp on the VM once production-ready, ideally on an Avalanche Subnet.The tech Usman Asim needed for his dApp didn’t quite exist. He had a big idea, but also a problem set without a clear solution.He needed a blockchain with leading speed, decentralization, and flexibility. He needed the…
Here’s what happened in crypto todayNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
RedotPay weighs confidential US IPO filing by year-end: BloombergThe stablecoin payments company previously disputed reports that its US listing had been delayed.
Keystone breach deepens: Hackers stole key used to verify wallets as genuineKeystone initially disclosed a leak of customer information but has since disclosed that hackers also stole a key that could allow counterfeit wallets to pass authenticity checks.
Ripple wins final US approval for national trust bankThe approval clears the way for Ripple to manage reserves backing its RLUSD stablecoin and provide digital asset custody.- Ethereum Pauses Glamsterdam Hoodi Fork Over EIP-8037 and EIP-8038 Gas RisksTLDR: Ethereum core developers delayed the Glamsterdam fork on Hoodi after a ChainSecurity report. Gas already spent can return mid-transaction, which lets the gasleft() value rise during execution. A failed sub-call can return gas, so an unreachable path runs and the transaction looks successful. Developers will review contracts this week, and the fix may need…
- Kraken Parent Payward Plans to Become First CFTC-Regulated HIP-3* Deployer on HyperliquidTLDR: Payward plans to become the first CFTC-regulated deployer on Hyperliquid’s HIP-3* perpetual markets. Bitnomial would deploy and clear the markets, while NinjaTrader Clearing would carry client accounts. HIP-3* adds optional onchain allowlists for permissioned markets without affecting existing markets. The initial HIP-3* version is live on testnet, with specifications still subject to change. Payward,…
- Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban YieldOttawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers, while keeping the ban on paying holders interest.
US OCC calls on community banks to become payment stablecoin issuers NewThe announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January
Injective launches onchain futures market tracking Nvidia GPU rental costs NewThe new index tracks rental prices for five Nvidia GPUs, offering leveraged trading and potential hedging against fluctuations in AI computing costs.
Canada opens consultation on stablecoins, citing US GENIUS Act NewAs part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from non-financial institutions.
If Crypto Falls Another 20%, Which Holds Up Best: Ethereum, Sui or Avalanche? Grok AI Ranks Them - 24/7 Wall St. NewIf Crypto Falls Another 20%, Which Holds Up Best: Ethereum, Sui or Avalanche? Grok AI Ranks Them 24/7 Wall St.
BREAKING: Avalanche hits 911ms average block time its fast - KuCoinBREAKING: Avalanche hits 911ms average block time its fast KuCoin
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Convert 1 AVAX (Avalanche) to USD (United States Dollar) - BybitConvert 1 AVAX (Avalanche) to USD (United States Dollar) Bybit
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