Tesla founder and CEO, Elon Musk is facing a lawsuit of USD 258 billion or the equivalent of IDR 3,853 trillion (assuming exchange rate of IDR 14,935 per US dollar) over the alleged Dogecoin pyramid scheme. The court case claims Musk was part of a blackmail scheme to back cryptocurrencies. According to court filings filed […]
Do Kwon, the Terraform Labs founder and CEO, has told a Montenegro court that he did not know the “fake” travel documents he was allegedly trying to leave the country with were forged – and blamed a “Chinese-named agency.” Per the South Korean media outlets Segye Ilbo and MBN, Kwon told a District Court in Podgorica, Montenegro, that he had received all […]
Ukrainian regulators are prepared to start taxing crypto gains at 18% from 2024, with lawmakers set to vote on proposals this fall. Per Forbes Ukraine, the National Commission for Securities and the Stock Market is set to unveil a draft law, which will be set before lawmakers at the next parliamentary session. The market regulator’s proposals include creating a […]
The Belgian arm of the French fast food chain Black & White Burger has announced that all its stores in the nation will accept crypto payments. Per the media outlets L’Echo and L’Avenir, the chain also says it has created a “mystery burger,” which will only be made available to customers paying in crypto. The chain has partnered with a French […]
Aave’s Lens Protocol, a social layer for web3, has raised $15 million in funding to develop decentralized blockchain-backed social media. According to a June 8 blog post, IDEO CoLab Ventures led the funding round alongside other VCs, such as General Catalyst, Variant, Blockchain Capital, and Palm Tree. Other prominent venture capitals, including A. Capital, Seed Club Ventures, Robot Ventures, […]
Crypto is the Most Common Investment for Generation Z Even though it’s Risky, here’s the explanation
Generation Z, comprising individuals born between the mid-1990s and early 2010s, has shown a significant interest in cryptocurrencies as an investment option. Despite the risks associated with cryptocurrencies, this generation has embraced the digital asset class in large numbers. In the following ten paragraphs, I will explain why cryptocurrencies have become a common investment choice […]
Solana is a high-performance blockchain platform that has gained significant attention and popularity in the cryptocurrency industry. While Solana is not specifically designed for integration with Apple products, it has the potential to become a cryptocurrency of choice for Apple users. In the following eight paragraphs, I will explain why Solana could be suitable for […]
The G7 group, consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, has announced that it will discuss crypto-related issues during its upcoming summit in Japan. This decision reflects the increasing importance of cryptocurrencies in the global economy and the need for international cooperation to address associated challenges. In this […]
PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the internet meme character Pepe the Frog, created by Matt Furie, who gained popularity in the early 2000s. According to Coinmarketcap, the project aims to capitalize on the popularity of meme coins, such as Shiba Inu and Dogecoin, and […]
Shiba Inu (SHIB) continuously gains the attention of top business brands, increasing its real-world utility; it appears that the token’s popularity has extended beyond just trading and investing. By implication, SHIB token holders can now use their tokens to top up airtime on their phones, shop online, and even explore the upcoming SHIB metaverse. Notably, […]