94% of Asian Private Wealth Investors Engaged in Crypto
A recent report by Aspen Digital reveals that 94% of Asia’s private wealth sector is either already invested in digital assets or planning to do so in the near future. Of this…
CryptoMeter.io — Cryptocurrency news — Page 90
Latest news — page 90
Forcount Promoter Sentenced to 20 Years in Prison for $8.4M Fraud
Juan Tacuri, a senior promoter of the Forcount Ponzi scheme, has been sentenced to 20 years in prison for defrauding investors out of $8.4 million. The United States Department of Justice (DOJ)…
Security Firm’s Misstep Exposes Users to Further Risks
Crypto security firm Ancilia faced backlash after mistakenly sharing a harmful wallet drainer link while trying to help victims of the $52 million hack on Radiant Capital, a blockchain lending protocol. This…
Trump-Backed PAC Raises $7.5 Million in Crypto for 2024 Election Bid
The Donald Trump-supporting political action committee (PAC), “Trump 47,” has raised $7.5 million in cryptocurrency between July and September 2024. This significant amount, largely in Bitcoin (BTC) and Ethereum (ETH), highlights the…
XRP ETF Applications Gain Traction as CME Group Lays the Foundation
Following the launch of spot Bitcoin and Ether ETFs in the United States, attention is now shifting to the potential debut of XRP and Solana exchange-traded funds (ETFs), which could have a…
Italy Proposes Raising Bitcoin Capital Gains Tax to 42%
The Italian government is considering a significant increase in the capital gains tax on Bitcoin, raising it from 26% to 42%, according to Deputy Economy Minister Maurizio Leo. The proposal is part…
MicroStrategy Shares Surge Over 1,500% Since 2020
MicroStrategy’s stock has skyrocketed by over 1,540% since 2020, significantly outperforming the S&P 500, which grew just over 111% during the same period. This remarkable growth has outpaced every company in the…
Indian Police, Binance Dismantle Fraudulent Solar Energy Scheme
Indian authorities, with support from crypto exchange Binance, have taken down a major scam involving M/s Goldcoat Solar, a fraudulent entity posing as part of India’s national solar energy initiative. The criminals…
Bitcoin Open Interest Hits 1-Year High as Price Nears $68K
Bitcoin’s price has surged 8% between October 14 and 15, climbing 11.5% over the past 30 days. This rally puts Bitcoin ahead of traditional markets like the S&P 500, which gained just…
Tesla Transfers Entire $765 Million Bitcoin Stash to Unknown Wallets
Tesla has moved all of its Bitcoin holdings, valued at over $765 million, to unidentified wallets in a surprising transfer. Data from Arkham Intelligence shows that the company’s 11,500 Bitcoin was moved…
Grayscale Seeks SEC Approval to Convert Multi-Crypto Fund into ETF
Grayscale Investments is moving forward with plans to convert its $524 million multi-cryptocurrency fund into an exchange-traded fund (ETF). The company recently filed a request with the U.S. Securities and Exchange Commission…
Cash Is King When Digital Payment Systems Fail
When hurricanes and other natural disasters strike, they expose the limits of digital finance and emphasize the importance of cash. While mobile apps like Venmo, Bitcoin wallets, and contactless payments have made…
Argentina Recognizes Smart Contracts as Legally Enforceable
Argentina has made a significant move toward blockchain adoption by officially recognizing smart contracts. These blockchain-based agreements can now be used for rental agreements, purchase payments, and other legal contracts. Cryptocurrency is…
Regulation-by-Enforcement Pushes Talent Away
RAK DAO chief commercial officer Luc Froehlich warned that unclear regulations and enforcement-led policies in some countries are driving away blockchain talent, creating opportunities for regions like the UAE to attract global…
Grayscale Explores Adding Dogecoin, Worldcoin
Grayscale Considers Expanding Crypto Offerings with 35 New Altcoins Grayscale Investments, a leading crypto asset manager, has added 35 cryptocurrencies to its “under consideration” list for potential new investment products. The list,…
Bitcoin ETFs Surge with $556 Million Inflows
Bitcoin ETFs Experience Record Inflows Amid Price Surge Spot Bitcoin ETFs in the U.S. recorded a massive $555.9 million inflow on October 14, marking the largest single-day inflow since early June. This…
UAE Central Bank Grants Preliminary Approval to AED Stablecoin
The Central Bank of the United Arab Emirates (CBUAE) has given in-principle approval to AED Stablecoin, setting the stage for the country’s first regulated dirham-pegged digital currency. This announcement positions AED Stablecoin…
SUI Token’s 120% Rally Sparks Insider Selling Allegations
Sui (SUI) token’s impressive rally of over 120% in the past month has ignited concerns about insider selling, with allegations that early investors may be cashing out during the surge. As of…
Bitcoin Mining Profitability Drops in September
Bitcoin (BTC) mining profitability declined in September as stagnant BTC prices, combined with a higher network hashrate, put pressure on miners, according to a Jefferies research report released Sunday. The report highlights…
U.S. Judge Dismisses Crypto Neobank Banq’s Bankruptcy Case
A U.S. judge has dismissed the bankruptcy filing of crypto neobank Banq, calling it a “bad faith” strategy intended to gain leverage in a legal battle rather than reorganize the business. Banq…
Bitcoin Surges Past $64K as Crypto Markets Start the Week Strong
Bitcoin (BTC) opened the week on a positive note, jumping above $64,000, with major cryptocurrencies like Ether (ETH) and Solana (SOL) following suit. Meanwhile, memecoins stole the weekend spotlight, driving market activity…
Man Sues Council for $500M Bitcoin Hard Drive Buried in Landfill
James Howells, an IT engineer from Newport, Wales, has taken legal action against Newport City Council after spending over a decade trying to recover a hard drive containing 7,500 bitcoins—now worth around…
Memecoins Outperform Bitcoin in Popularity and Market Growth
Interest in Bitcoin appears to be waning, with Google search data revealing that the term hit a one-year low in mid-October 2024. At the same time, memecoins are gaining significant traction, fueled…
Uniswap’s New Blockchain Unichain Could Generate $468M Annually
Uniswap Labs’ latest project, Unichain, is poised to boost revenues for both the company and UNI tokenholders, potentially earning them close to $500 million annually. According to Michael Nadeau, founder of DeFi…
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