Chinese Local Authorities Contemplate Liquidating Confiscated Cryptocurrency Following Trading Prohibition
Local authorities in China are investigating methods to liquidate confiscated digital currency, maneuvering through a legal ambiguity resulting from the nation's stringent prohibition on crypto trading and exchanges. As reported by Reuters on April 16, the lack of definitive regulations regarding the management
Mantra CEO Promises To Destroy Team Tokens Following OM Coin Crash To Regain Community Confidence
John Mullin, the CEO of the distributed record initiative Mantra, has committed to incinerating the entire crypto token allocation belonging to the team in an effort to restore trust within the community after the significant drop of the Mantra (OM) coin on April
Bitcoin USD Soars as Bitcoin Price Evaluation Unveils Fresh Technical Perspectives
Bitcoin USD is climbing again, with experts pointing to a potential $90K retest ahead. As Bitcoin's price shifts in 2025 continue to capture significant interest from both traders and investors, recent Google Trends data highlights an increase in searches related to Bitcoin price
South Korea Prohibits 14 Crypto Exchanges Such As KuCoin And MEXC From Apple App Store
South Korea has prohibited 14 unregistered digital currency exchanges from accessing the Apple app store. The nation's Financial Services Commission (FSC) publicized the prohibition, reinforcing its stringent policy against non-compliant virtual asset service providers (VASPs). “At the request of the FIU, Apple has
$19B and Rising: DeFi Lending Exceeds CeFi in Significant Resurgence
A shift has occurred in the realm of crypto lending, and it’s significant. In a fascinating development highlighting the comparative growth of CeFi and DeFi, a report from Galaxy Digital indicates that by the conclusion of 2024, DeFi (DeFi) lending platforms amassed an
The Great Reset: Now or Never – 4 Fatal Forecasts for 2030
The World Economic Forum has made some astonishing forecasts for the year 2030 that surpass the notorious “Great Reset.” Their piece ‘8 Predictions for the World in 2030’ addresses various issues including the environment, technology, and cryptocurrency. Moreover, they have a follow-up article
Fed Governor Waller Proposes That Inflation is Temporary, Potentially Boosting Bitcoin Over $100K
Fed Governor Waller was direct this week, linking possible tariff consequences to more significant rate reductions. He cautioned that the economic repercussions from such actions might pull production and jobs into a downturn. If the situation escalates, Waller made it clear he would
Chinese Fraud Syndicate Sentenced After Duping 66,800 Indians in $6 Million Digital currency Scam
Picture believing you’ve come across an enticing investment application managed by an amicable woman promising 15% returns, only to find out it was a sophisticated fraud based in another country. That’s precisely what tens of thousands across India encountered with this digital currency
Ex-Binance Chief CZ Criticizes ‘Defamation’ Claims Regarding Justin Sun in Plea Bargain Controversy
Changpeng Zhao, better known as CZ BNB, the ex-CEO of Binance, is confronted with a barrage of 'smear' accusations linked to a suggested plea agreement. The Wall Street Journal asserted that CZ consented to testify against Justin Sun in trading protocol for more
EigenLayer Available volume Restaking Protocols Experience Reduction of Over $1 Billion in TVL Prior to Important Update
EigenLayer market fluidity restaking protocols have seen a decline of over $1 billion in TVL prior to the slashing news on April 17. This upgrade aims to enhance accountability and strengthen the trustworthiness of AVSs reliant on ETH validators for their safety. Will
