Tag: crypto
Gen Z Is More Likely To Favor Crypto Amid “Worsening Financial Systems”
Key Insights: Gen Z is more and more turning to crypto (especially Bitcoin) as a response to worsening economic conditions. Crushing student debt, inflation and…
Russian Citizen “Bitmama” Russian Woman Gets 7 Years $23 Million Crypto Scam
Key Insights: Russian woman, Valeria Fedyakina, “Bitmama,” received a seven-year prison sentence in Russia for organizing a $23 million Bitcoin pyramid scheme. She defrauded investors…
Solana Staking ETF Set to Launch “Any Minute Now” as SEC Clears Path for REX Shares
Key Insights: REX Shares is set to launch the first-ever US Solana staking ETF ($SSK) in the US. The ETF will be able to generate…
No Hope In Sight? Court Denies Summary Judgment Request From Ripple/SEC
.Key Insights: Judge Analisa Torres denied a joint request from Ripple and the SEC to reduce Ripple’s $125 million penalty. The judge pointed out that…
Whale Splashes Millions on Hyperliquid: What’s Next for HYPE Price?
Key Insights: A whale recently deposited $20 million USDC into Hyperliquid and has been accumulating $HYPE using a dollar-cost averaging strategy. This comes amid popular…
Citibank Faces $20M Lawsuit Over Crypto Scam Negligence
Michael Zidell sues Citibank for $20M over crypto scam losses. Lawsuit claims bank ignored 43 suspicious wire transfers. The scam involved a fake NFT investment…
Here’s When The XRP Breakout Will Happen
Key Insights: XRP has been holding within a tight range ($2.00-$2.40) for three months. Analysts are predicting a breakout between July and September of this…
Bank for International Settlements (BIS) Says Stablecoins “Fail As Money”: Here’s Why
Key Insights: The Bank for International Settlements (BIS) argues that stablecoins “fail as money”. Stablecoins lack “singleness,” “elasticity,” and “integrity,” making them vulnerable to criminal…
8 South Korean Banks Partner Up to Launch Won-Based Stablecoin
Key Insights: The Bank of Korea is planning to launch a won-denominated stablecoin through regulated commercial banks.. Eight major South Korean commercial banks are collaborating…
