The Orissa High Court in India recently stated in a Ponzi scheme accusation case, that crypto trading is not illegal. The announcement has pronounced the country’s stand on cryptocurrency amidst recent regulations discussions. According to sources, the case included two individuals who were accused of defrauding people through a Ponzi or
June 14, 2024 2 mins read
The celebrity memecoin frenzy has become the talk of the community, as popular personalities stage their artistic disputes into the crypto sector. The famed media personality Andrew Tate launched a memecoin named DADDY on June 11. This is the latest addition to celebrity memecoin shilling on the Solana blockchain. Notably,
June 14, 2024 2 mins read
In the past few months, crypto regulatory policies have witnessed a global upscale. Countries such as Zimbabwe have initiated regulatory measures earlier this year. Amid crucial regulatory events, Taiwan announced the launch of a ‘crypto industry association’ encompassing leading members from 24 crypto firms. The association, “Taiwan Virtual Asset Service
June 13, 2024 2 mins read
Bitcoin and Ethereum have shown brief upsurges in price, fueled by the US CPI data release. Other altcoins have begun to show recovery after the past week’s price dip. Solana (SOL), has shown a daily increase in its price after its recent weekly dip. Notably, the token’s market price increased
June 13, 2024 2 mins read
The US presidential candidate Donald Trump has turned his focus on crypto mining according to sources on Wednesday. The former US president in a recent meeting has promised to advocate mining of the leading crypto asset. He has outlined Bitcoin mining as the final source of defense against CBDC. Trump
June 12, 2024 2 mins read
The Australian Government announced the ban on cryptocurrency and credit card usage in online betting games on Tuesday. The announcement is a recent development of the country’s progress towards curbing ‘problem gambling’ in both physical and digital spheres. The Australian Government has been working on the ban since 2021. After
June 11, 2024 2 mins read
Another use-case of Australian singer, Iggy Azalea’s newly-launched token Mother (MOTHER) will be activated from Tuesday. By re-launching her telecom company Unreal Mobile, Azalea links her token in an attempt to expand its use-case and allows the selling of mobile and cell plans in exchange for MOTHER. Moreover, Iggy Azalea
June 10, 2024 2 mins read
Singapore banks affected by the substantial money laundering announced increased scrutiny of their wealthy customers according to Bloomberg. Leading banks such as Citigroup Inc., and DBS Group Holdings Ltd. are among the banks that are working to tighten security following the attack in 2023. Notably, the money laundering case that
June 10, 2024 2 mins read
The overall crypto market has shown signs of recovery in the past few days. Leading cryptocurrencies Bitcoin and Ethereum have witnessed a slight increase in prices. However, other altcoins are still struggling to maintain the recent bullish gains attained. In particular, Litecoin (LTC) exhibits a daily decline of 1.11% in
June 7, 2024 2 mins read
Since the beginning of May, the market has witnessed multiple celebrity memecoin shillings. Following this, famed American wrestler Hulk Hogan’s twitter account saw the release of a memecoin earlier this week. The memecoin named HULK, was launched on the Solana blockchain. HULK witnessed a price hike within the first few
June 7, 2024 2 mins read