Rich Dad Poor Dad author Robert Kiyosaki has outlined the reasons why investors should consider purchasing silver. He emphasized that despite the affordability of silver coins, most people still prefer to “save counterfeit fake dollars.” Robert Kiyosaki Highlights Reasons to Buy Silver The author of Rich Dad Poor Dad, Robert Kiyosaki, has returned to outline […]
Bithumb facilitates fifth largest Bitcoin exodus of 2023, signaling potential shift in investor strategy
Quick Take Unprecedented movements in the Bitcoin market were observed yesterday, with the fifth largest outflow of Bitcoin in 2023, amounting to nearly $300 million or 10,000 BTC. This substantial withdrawal was majorly facilitated by Bithumb, a leading global exchange, which now retains only 8,500 Bitcoins. This event represents not only an intriguing case study […]
Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26
Sam Bankman-Fried faces challenges in jail, Tornado Cash’s developer is arrested, and a Bitcoin whale holding $3 billion is identified. Top Stories This Week Tornado Cash co-founders charged with money laundering, sanctions violations United States officials pressed charges against the co-founders of crypto mixer Tornado Cash on Aug. 23. Roman Storm and Roman Semenov were […]
Tornado Cash Co-Founder Roman Storm Released on Bail
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform. Storm Out on Bail After Indictment for His Role in Running […]
JPMorgan forecasts limited downside for crypto markets: Report
JPMorgan’s analysts consider Bitcoin’s declining open interest to be a sign that the current price trend may be weakening. The cryptocurrency market’s recent downtrend appears to be coming to an end, as JPMorgan’s latest research suggests that most long-position liquidations have been completed. According to a Bloomberg report, analysts for the American bank estimate that […]
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been defaulting on their debts. Laos’ Crypto Mining Grinds to a Halt Amid Energy Crisis Situated in […]
Tether CTO clarifies rumors around photo of a container with the ‘Tether Energy’ logo
Paolo Ardoino, the CTO of Tether, posted a picture of large industrial containers sporting the logo of Tether Energy on Aug. 24. The photo sparked a flurry of rumors and speculations which Ardoino addressed in a separate post on X on Aug. 26. Ardoino’s initial picture started speculations about whether the image was photoshopped, questioning […]
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this proposal. Consequently, Celsius’s creditors are rallying to set the token’s worth at a more modest $0.25 apiece. […]
Yuga Labs Update: NFT Floors Wobble and Games Galore!
Hey there, NFT enthusiasts and crypto connoisseurs! It’s time to don your virtual party hats and buckle up for a wild ride through the latest happenings at Yuga Labs. We last covered the biggest NFT company 4 months ago, but a lot has happened since then. In this rollercoaster of an update, we’ll dive into […]
How can the synergy of AI and blockchain disrupt the music industry?
While AI-generated songs are flooding the music market, blockchain technology can ensure transparency and ethical standards are maintained within the industry. The synergy of AI and blockchain can revolutionize the music industry by enhancing artists’ creative capabilities while preserving transparency and fair revenue distribution among creators. AI is increasingly being used as a tool for […]