Category: crypto

Bolivia has authorized its state-run energy company, YPFB, to use cryptocurrency for fuel imports due to a dollar shortage and fuel crisis. Gas stations face shortages, leading to protests. Bolivia’s dependence on natural gas exports has led to economic struggles. The government’s decision marks a major policy shift. Details on the use of cryptocurrency remain…

Changpeng Zhao denies WSJ report about discussing investment deal with Trump family for Binance.US. He refutes claims and criticizes article as attempt to undermine US president and crypto industry. Zhao stresses no involvement in discussions regarding Binance.US deal. WSJ report suggests Trump family exploring investment in Binance.US and discusses possibility of presidential pardon for Zhao.…

Tom Howard, Head of Financial Products and Regulatory Affairs at CoinList, believes that drafts of the Stablecoin Act that would ban non-US stablecoin issuers from the US market would be a significant policy error. Reshoring USD-denominated stablecoins to US banks could have negative economic consequences, reducing global USD liquidity and increasing inflation risks. Exempting foreign-issued…

Argentine lawyer Gregorio Dalbon has requested Interpol to issue a Red Notice for crypto entrepreneur Hayden Davis, linked to the collapse of the Libra memecoin. Davis, CEO of Kelsier Ventures, faces accusations of a pump-and-dump scheme. Despite defending himself, Dalbon argues Davis may evade legal action due to financial resources and residency abroad.

Defunct FTX and its affiliate, Alameda Research, have unstaked and transferred 185,345 Solana (SOL), valued at $22.9 million, to 38 wallets. This follows earlier events where FTX unlocked and distributed millions of SOL. FTX continues to work on reimbursing creditors, with smaller claims already compensated. Larger creditors will be reimbursed in the next phase starting…

Several members of Donald Trump’s cabinet have significant Bitcoin investments, totaling in the millions. Cabinet members have acquired Bitcoin through direct purchases and investment vehicles like ETFs. This aligns with Trump’s goal of positioning the US as a leader in the digital asset industry. However, the large Bitcoin holdings raise ethics concerns.

Ripple has secured a regulatory license from the Dubai Financial Services Authority, making it the first blockchain payment provider to do so. This allows Ripple to expand its services in the Middle East, addressing the growing demand for efficient and transparent payment solutions in the region. This marks Ripple’s first full regulatory license in the…

: On March 13, hackers breached DB’s account to spread false information about TRUMP memecoin and a fake BlackRock ETF filing for Hyperliquid. This caused price surges and losses for TRUMP and Hyperliquid tokens. The incident raised concerns about the security of crypto-related accounts on X, possibly due to internal vulnerabilities or social engineering tactics…

Whales on Binance are selling less Bitcoin, possibly leading to market stabilization or a bullish trend. However, miners may increase selling pressure due to declining profitability, potentially impacting market movements. Monitoring both whale and miner activity is crucial in predicting Bitcoin’s short-term price direction.

Tether CEO Paolo Ardoino believes Tether is a crucial ally for the US in maintaining the dollar’s dominance globally. He highlighted Tether’s growth and transparency, as well as its role in spreading the US dollar’s presence in emerging markets. Ardoino also warned of the potential threat posed by BRICS launching a gold-backed currency.