Former President Donald Trump has reinforced his commitment to the cryptocurrency sector, declaring his ambition to be recognized as the “crypto president.” This stance was highlighted during a recent fundraiser, which successfully raised $12 million to support his campaign to unseat President Joe Biden. Fundraiser Hosted by Industry Leaders The event, hosted by venture capitalists …
During a San Francisco fundraiser, Republican presidential candidate Donald Trump positioned himself as a staunch supporter of cryptocurrency and criticized Democratic efforts to regulate the sector, according to three sources who spoke to Reuters. The event, which took place in the upscale Pacific Heights neighborhood at the home of tech venture capitalist David Sacks, was …
Crypto locked in DeFi apps surged 17% in May, reaching $192 billion, the highest since February 2022. This increase was driven by rising ETH prices and more trading activity. Ethereum led with $130 billion TVL (68%), followed by Solana with $10.9 billion (5.7%). Despite this growth, unique active wallets (UAW) in DeFi dropped by 21% …
Dogecoin (DOGE), the eighth-largest cryptocurrency, is witnessing a notable surge in whale activity. In the past 24 hours, the number of $1 million transactions has skyrocketed, indicating significant movement among large holders. Data from blockchain analytics platforms reveal that over 150 transactions, each exceeding $1 million, have been recorded during this period. This surge suggests …
Coingecko Data Breach: June 5 Incident Exposes User Information On June 5, 2024, Coingecko experienced a significant data breach that compromised the personal information of nearly 2 million users. The breach originated from its third-party email platform, Getresponse. Getresponse Email Platform Breach Impacts Coingecko Users Coingecko detected unusual activity on its third-party email marketing platform, …
Bybit, the third-largest offshore cryptocurrency exchange, has resumed user sign-ups and ID verification in Mainland China, despite previous bans and ongoing regulatory contradictions. This unexpected move signals potential shifts in China’s cryptocurrency policies. Bybit Reopens to Chinese Users Bybit’s decision to reintroduce registration features for Chinese residents comes as a surprise. Despite previously complying with …
Is China’s Crypto Ban Over as Bybit Resumes Registration? Read More »
Binance, the leading cryptocurrency exchange globally, has reinstated the option for users to purchase cryptocurrencies using Mastercard. According to a June 6 post on X, Binance has resumed enabling cryptocurrency transactions via bank transfers with Mastercard debit and credit cards to ensure “smooth transactions.” On Binance’s platform, users can now utilize Mastercard for crypto purchases, …
Uzbekistan’s highest Islamic authority has retracted a fatwa against cryptocurrency, blaming “carelessness” for its appearance online and saying it is still studying the issue. On the evening of June 3, the Fatwa Center issued an apology on Telegram for the anticipated ruling, citing “carelessness” and “technical reasons” as the cause. As of the beginning of 2023, residents …
Uzbekistan’s Islamic Authority retracts Crypto fatwa Read More »
Turkey will not tax crypto profits but is considering a limited transaction tax on these assets. Details are still being discussed, according to Finance Minister Mehmet Simsek. Turkish Treasury and Finance Minister Mehmet Simsek announced that there are no current plans to tax profits from cryptocurrencies. However, the government is contemplating a “very limited” transaction …
Turkey Rules Out Crypto Profit Tax, Considers Transaction Tax Read More »
On June 5, U.S. chipmaker Nvidia briefly surpassed Apple to become the world’s second most valuable company by market capitalization, before slipping back to third place. Nvidia’s market cap soared to over $3.01 trillion, just shy of Microsoft’s leading $3.1 trillion valuation. Apple reclaimed its position as the U.S. markets opened on June 6, reaching …
3 Horse Race Between NVIDIA, Microsoft and Apple Read More »
