On Wednesday, the Kenyan Ministry of the Interior announced on its Facebook page that it had suspended activities of Worldcoin, while the country’s financial, security, and data protection services investigated the legality and data security of the project. The Ministry stated: “The Government is concerned by the ongoing activities of
BlackRock, a firm that manages $9 trillion in assets, is under investigation by the US government for possible illegal Chinese investments. Legislators are concerned that Americans’ retirement savings are being used to prop up Chinese companies that the United States has blacklisted due to security and human rights concerns. According
With further assault on the company’s “blue chip” Bored Ape Yacht Club NFT collection, ApeCoin, which powers Yuga Labs’ vast Otherside metaverse game and other apps, hit a record low on Tuesday. According to CMC, the value of ApeCoin, dropped to $1.77 late Monday and early Tuesday. The token had
MicroStrategy, the software developer with a massive Bitcoin (BTC) stash, intends to raise up to $750 million by selling more stock. The company plans to utilize the fund to buy additional Bitcoin, further solidifying its position as one of the largest corporate holders of BTC in the United States. The
Binance Japan, a subsidiary of crypto exchange Binance, will soon begin accepting new users on its recently released platform in Japan. Two years ago, authorities issued a warning to the exchange for operating illegally in the country. Introducing #Binance Japan: A Dedicated Platform for Residents in Japan 🇯🇵https://t.co/BDOFWQFOc1 — CZ
Cathie Wood, the CEO of Ark Invest, has reportedly sold millions of dollars’ worth of shares in Coinbase (COIN) and Robinhood (HOOD) ahead of the businesses’ projected weaker-than-expected second-quarter earnings reports. Despite Cathie Wood’s continued Bitcoin optimism, her firm, Ark Invest, has been unloading its crypto-related stock holdings. Since the
In the 12th round of the LUNC burn mechanism, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The most recent burn brings the overall number of LUNC tokens burned by the cryptocurrency exchange to 37 billion, and the total number of LUNC tokens burned by the community to over
Ryan Adams, Founder of Bankless recently tweeted on Ethereum blockspace stating that AI agents will get to the primary consumers by the 2030s. AI would serve the human nation with needed services is the expectation. AI agents will be the primary consumers of Ethereum blockspace by the 2030s. AIs have
Bitgert (BRISE), a crypto engineering project, started this month with a sudden decline in its trading price. BRISE has experienced a decline of over 5.86% in the last 24 hours. The sudden decline has shocked the entire crypto market, as everyone expected it to reach new highs. In the last
The SHIB community has been active in recent times, leading to significant developments in the crypto world. A recent tweet from the Shibburn account revealed that over two billion Shiba Inu were successfully burned in the past month, with 410 transactions sending them to “inferno” wallets. This act of token
