Deputy U.S. Treasury Secretary Adewale O. Adeyemo urges Congress to provide the government with effective instruments for combating illicit financing associated with cryptocurrencies. During a Senate hearing, Adeyemo shared that terrorist organizations such as al-Qaeda have utilized cryptocurrencies for money laundering through social media channels, bringing up an instance from half a decade ago as … Read more
In simpler terms,Deutsche Bank, a German financial institution, recently released a study indicating that people’s caution towards cryptocurrencies is easing up slightly. Deutsche Bank, a large German investment bank based in Frankfurt, recently shared findings from a survey it conducted with over 3,600 American consumers. The results suggest a change in public opinion regarding cryptocurrencies. … Read more
In the first few days of April, the Base network, which is backed by Coinbase, has outpaced Arbitrum as the leading layer-2 solution on Ethereum. The network has attracted over 1.48 million new active addresses. This number is only slightly higher than Arbitrum One’s count of approximately 1.43 million during the same period, according to … Read more
In the coming fortnight, the fourth bitcoin halving will take place, an event causing great anticipation within the Bitcoin community. As a significant shift approaches for the ecosystem, many miners are choosing to sell off substantial quantities of their bitcoins in preparation. Furthermore, the level of competition is increasing significantly. The hashrate of the Bitcoin … Read more
According to reports, two potentially harmful Google Chrome extensions allegedly took around $800,000 from an individual investor in cryptocurrencies, identified as “Sell When Over,” on the X platform. Approximately $800,000 seems to have been entirely surrendered in this instance. I have my suspicions that this was a breach of Google Chrome security, potentially involving a … Read more