Ardent defender of “stacking gold” as a long-term store of value and a gold merchant himself, Peter Schiff frequently defends his gold-selling business and thesis by debating against bitcoin’s merit regularly at events, televised interviews, and especially on X. The bitcoin “perma-bear” never misses an opportunity to make derogatory statements about bitcoin, and wasted no
Key Points:- Cardano (ADA) large sell activity increased by 90 percent as Google searches for “Is Cardano a good investment?” Cardano’s most important level is its recent price action of $0.64 and could determine the next move. According to a report, over 170 million Cardano tokens are being sold by a whale. The number of
Mask Network founder Suji Yan’s personal digital assets worth nearly $4 million were stolen in a suspicious transaction. Coordinated Laundering Attempt The blockchain security firm Cyvers said Feb. 27 it had detected suspicious transactions linked to Suji Yan, the founder of Mask Network. At the time of writing, the suspicious address had received nearly $4
Rezolve AI, a Nasdaq-listed AI company, recently announced it is planning to create a $1 billion bitcoin treasury. It starts initially with $100 million, part of the company’s broader plan to revolutionize commerce by combining AI, blockchain and bitcoin. Rezolve AI sees bitcoin as more than just an investment – it is viewed as a
Forkast, a prediction market platform built for gaming and internet culture, officially launched on the Ronin blockchain, enabling users to trade predictions on esports, streamers, and web3 assets. What’s the significance: The launch gives web3 gamers a new way to monetize their gaming knowledge by participating in prediction markets on esports, streamers, and blockchain trends
The American securities regulatory body SEC decided to drop the cases filed by the agency against the Gemini crypto exchange & Tron ($TRX) crypto project. Summary The SEC body dropped the Gemini case. Gemini co-founder raised questions against the SEC leadership and asked for action against the actors who filed the lawsuit. Justin Sun &
A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wrench attacks are rising in the cryptocurrency space. Local reports
In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in Search of Privacy Solution for CBDC The pilot of the Brazilian central bank digital
MEXC has invested $20 million in USDe, Ethena’s synthetic dollar, to drive stablecoin adoption and expand DeFi innovation. The exchange also launched a $1 million rewards campaign to incentivize participation in the growing stablecoin market. $20 Million Investment in USDe to Boost Stablecoin Adoption MEXC, a global crypto exchange has announced a $20 million investment
Hong Kong’s Securities and Futures Commission (SFC) unveiled its “ASPIRe” roadmap, a strategic plan with 12 key initiatives aimed at strengthening the city’s virtual asset ecosystem. What’s the significance: With crypto regulations still unfinished, Philippine regulators could view Hong Kong’s ASPIRe roadmap as a guide to enhance licensing, investor protection, and market infrastructure to remain