Crypto Analyst Predicts Bitcoin To Drop By 20% In Coming Weeks

Bitcoin (BTC) has shown much resilience in the wake of the US Federal Reserve announcing a 25 basis points hike in the Federal Funds Rate (FFR) on Wednesday. Based on data from CoinMarketCap, the premier cryptocurrency is up by 0.78% in the last 24 hours, with the majority of the market also posting notable gains. However, a crypto analyst has […]

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Crypto bills pass congressional committee in 'huge win' for US crypto

A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms — including clarifying the differences in jurisdiction between the US securities and commodities regulators. On July 26, the majority of U.S. lawmakers voted in favor of the Financial Innovation and Technology for the 21st Century Act as well […]

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Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack

Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3 million on July 22. “We suspect Lazarus Group, one of the most powerful hacker organisations, is responsible,” CoinsPaid explained in a July 26 post. While CoinsPaid didn’t explain how the money […]

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Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report

A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as “SBF,” will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations of intimidation against Caroline Ellison.  In a July 26 hearing in United States District Court for the Southern District of New York, individuals on site reported Assistant U.S. Attorney Danielle Sassoon requested the […]

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PKT Mining: How People Can Help Decentralize the Internet

Many people worldwide still lack internet access due to factors such as cost, censorship, and insufficient infrastructure. This lack of access to information and communication hinders the social, economic, and educational progress of over 2.9 billion people worldwide. PKT is an open source project that aims to address these connectivity issues. The project achieves this by empowering people across the […]

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Avalanche Foundation Commits $50 Million To Tokenized Asset Purchases

The Avalanche (AVAX) Foundation has launched a $50 million initiative, called Avalanche Vista, to pioneer the future of asset tokenization.  According to the announcement, the foundation will allocate the funds to purchase tokenized assets, often referred to as “real world assets” or “off-chain assets,” minted on the Avalanche blockchain.  KKR Fund Tokenization On AVAX The goal of the program is […]

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