Author name: Peter

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Bukele Likely To Step Down As President To Seek A Second Term

The Constitutional Framework In recent weeks, speculation has been swirling in the Salvadoran media about President Nayib Bukele's potential step down from his current role to pursue a second term in office. This move hinges on obtaining a special license from the Salvadoran Legislative Assembly, which requires three-quarters approval from the body. Previously, it was […]

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Dogecoin and Polygon Surge as Cryptocurrency Market Remains Bullish

Dogecoin (DOGE) Dogecoin experienced a significant rise of over 10% at the beginning of the week, reflecting the overall bullish sentiment in the cryptocurrency market. The global market cap for crypto has also increased by 2.34% at the time of writing, despite a downturn in global stock indices. On Monday, Dogecoin made notable gains as

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Worldcoin Adjusts Token Strategy; Shifts Orb Rewards and Alters Market Maker Agreements

Worldcoin Updates Token Supply and Loan Agreements Worldcoin, a project that utilizes iris biometrics to establish a unique human identity database, announced on Sunday that it is making changes to the distribution of its circulating WLD token supply and its market maker loan agreements. Since its launch in July, the project has decided to decrease

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The Benefits of Bitcoin: Insights from Mexican Billionaire Ricardo Salinas

Ricardo Salinas on Bitcoin as a Hedge Against Inflation Tax Mexican billionaire Ricardo Salinas believes that bitcoin offers a unique solution to safeguarding wealth against inflation tax. He emphasizes that people's savings are being eroded without their consent or knowledge. According to Salinas, the debasement of currency is a cunning technique employed by fraudsters to

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4,800 Bitcoins from Abraxas Darknet Marketplace Transferred to Bitcoin Mixer

Abraxas Exit Scam and Bitcoin Movement According to onchain analyst Zachxbt, a total of 4,800 bitcoins that were taken from the now-defunct darknet marketplace Abraxas have recently been transferred to a bitcoin mixing service. The marketplace, which exit scammed in November 2015 after operating for less than a year, had left these bitcoins untouched since

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Former FTX General Counsel Testifies about Misappropriation of Funds

Shocking Revelations: $7 Billion Missing Can Sun, the former general counsel of the now-defunct cryptocurrency exchange FTX, took the stand on Thursday in the criminal fraud trial of FTX founder Sam Bankman-Fried (SBF). Sun testified that he was completely shocked to discover that FTX had secretly transferred billions of dollars in customer funds to Bankman-Fried's

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SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’

In a significant development, the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple's executives, CEO Brad Garlinghouse and co-founder Chris Larsen. Ripple's chief legal officer stated that the SEC's decision to dismiss all charges against the executives is not a settlement but a surrender on their part. Meme Coin Market Plummets

SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’ Read More »

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Hong Kong Regulators Update Crypto Policy to Protect Retail Investors

Introduction The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have recently updated their crypto policy in response to industry enquiries. The authorities have introduced additional measures to protect retail investors, particularly by restricting their access to what is considered "complex products" in the virtual asset (VA) market. Background

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Bitcoin.com Partners With Hummingbot in VERSE/USDT Campaign on KuCoin With $15,000 in Rewards

Introduction Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, is excited to announce a strategic partnership with Hummingbot to launch an innovative campaign. The campaign aims to enhance liquidity and trading volumes for the VERSE/USDT trading pair on KuCoin, a popular cryptocurrency exchange. About the Campaign The campaign is structured around Hummingbot's Liquidity Miner

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Robert Kiyosaki Anticipates Bitcoin to Touch $135,000, Predicts Upsurge in Gold Value

Robert Kiyosaki, the acclaimed author of "Rich Dad Poor Dad," foresees a significant rise in the value of Bitcoin, predicting it might reach as high as $135,000. Concurrently, he anticipates a considerable growth in gold prices, with a potential increase up to $3,700. Conversely, Kiyosaki also issued a warning regarding the potential pitfalls for those

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