Crypto
As we look ahead to 2024, the cryptocurrency market is brimming with potential and competition. Among the myriad of digital currencies vying for dominance, two names are drawing particular attention for their projected performance: Solana (SOL) and Pandoshi (PAMBO). Both are poised to make significant strides in the coming year,…
Asset manager VanEck, a potential provider of a Bitcoin exchange-traded fund (ETF), has revealed plans to donate a portion of the profits from the investment vehicle to Bitcoin core developers upon approval.In a post on X (formerly Twitter) on January 5, VanEck announced a 5% pledge to Bitcoin core developers…
Source: spaxiax/AdobeSouth Korean police have arrested a man they suspect of stealing cash as part of a bogus over-the-counter (OTC) crypto exchange.Per the broadcaster KBS, police officers in the town of Icheon, Gyeonggi Province, said they had arrested a man “in his 20s” on theft-related charges.Officers said that the man…
Source: JYPIX/AdobeSouth Korea’s Incheon says it has confiscated $375,000 worth of cryptoassets from “tax-evading” residents who tried to hide their earnings in token wallets.Per the media outlet Newsis, the city collected the combined sum from 298 people.The media outlet noted that the city “confiscated virtual currencies such as Bitcoin (BTC).”Citizens…
Source: promesaartstudio/AdobeAround 290,000 South Korean public sector workers will be forced to declare their crypto holdings starting from February.Per Maeil Kyungjae, the Ministry of Personnel Management has declared that the rule will also apply to employees’ spouses and next of kin.The development follows a recent ministry announcement that high-ranking public…
While the MINA price has been rallying since December 19, Bitcoin Minetrix presale has surpassed expectations, reaching $7.1 million in crypto presale round. Image by Kerem Goktug Kaya, DALL-E 3.Mina Foundation‘s MINA has been performing well since December 19, which can be attributed to a series of fundamental developments that…
The volatile world of meme-based cryptocurrencies has witnessed surprising ups and downs. Shiba Inu (SHIB), known as the “Dogecoin killer,” gained attention in 2021 by briefly overtaking Dogecoin (DOGE) in the market cap. However, its momentum has waned in 2022 and 2023.Despite its $7 billion market cap driven by community…
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Source: Adobe/Photocreo BednarekNASDAQ-listed Bitcoin mining firm Cipher Mining Inc. has announced the purchase of 37,396 units of the latest Bitmain Antminer T21 series.Making the announcement in a press release, the company disclosed that this acquisition amounted to approximately $99.5 million.Regarding the value of these cutting-edge miners, Cipher Mining explained that…
Source: Eagle/AdobeThe former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues.Per a Weibo post from the media outlet Finance iFeng, former People’s Bank of China (PBoC) chief Dai said that the move…