A federal judge in Texas ordered the head of a South African company to pay USD 3.4 billion for what US commodities regulators say is the largest fraud case involving bitcoin. Cornelius Johannes Steynberg was ordered to pay USD 1.7 billion in compensatory damages to victims of the fraud scheme and another USD 1.7 billion […]
Trust Wallet, one of the largest independent and multi-chain custodial wallets, has announced a partnership with Web3Auth to allow users to seamlessly log in and access Web3 services using their existing social login credentials, in addition to other security factors. This collaboration marks another step towards improving user experience and accelerating mass adoption of Web3. […]
Says Crypto Winter is Over, Standard Chartered Researcher Optimistic Bitcoin (BTC) Can Touch US$100,000 in 2024 A researcher from Standard Chartered said that the crypto winter is over. According to him, it is likely that Bitcoin (BTC) will touch the price of US$100,000 by the end of next year. According to a report from Geoff […]
Since the price of bitcoin rose above the $30,000 range for the first time in ten months, worldwide Google Trends data shows the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. According to Bitcoin.com, a Google Trends (GT) score of 100 indicates the peak popularity of […]
Solana Labs Inc, the company behind the Solana blockchain ecosystem, announced that their smartphone called Saga will be available for purchase on May 8, 2023, with pre-orders on April 20, 2023. Reporting from Bitcoin.com, through the Solana Mobile Twitter account, this smartphone aims to modernize the way people interact with their digital assets to increase […]
ETH withdrawals are now possible. The Shanghai Ethereum upgrade has been successfully implemented, enabling the withdrawal of staked ETH and effectively completing the network’s years-long transition to proof-of-stake. Last September, Ethereum successfully executed its much-anticipated merge event, which changed the way ETH is created and how transactions on the Ethereum network are validated. The upgrade […]
Artificial intelligence tool ChatGPT seems to have taken sides in the long-running debate over the respective value of gold over Bitcoin as a good investment. Financial commentator Peter Schiff praised the leading generative text engine for reportedly favoring gold. “AI is indeed quite intelligent,” he tweeted on Wednesday. “It does not recommend any allocation to […]
US policymakers continue to maintain a hawkish stance. The Federal Reserve has been raising interest rates month after month. Despite being in the midst of a banking crisis, the FED raised rates by 25 basis points last month. This brought the policy benchmark to the target range of 4.75% to 5%. One central bank official […]
The price of the Dogecoin crypto token shot up after Elon Musk replaced Twitter’s traditional bird icon with an image of a Shiba Inu. Quoting coinmarketcap.com, Tuesday (4/4), the Dogecoin price jumped 25.24 percent in the last 24 to $0.09702. Musk, who also serves as Twitter’s CEO, tweeted “as promised” over an image of an […]
A survey conducted by Independent Reserve recently revealed that around 43 percent of 1,500 Singaporean respondents own crypto assets. In the survey, almost half of Singaporeans own two or more digital assets, with portfolio diversification being the main reason behind the investment. In comparison, last year’s research estimated the figure to be around 40 percent, […]