Decrypt and Rug Radio are excited to announce our plan to build the world’s largest decentralized media network. Our mission is to craft an ecosystem that equitably benefits content creators and consumers alike, ensuring that every interaction enhances the collective value of our network. Our 12-Month Vision Our strategy for the upcoming year is structured around three key areas: Infrastructure…
Deltec Bank and Trust Ltd, based in The Bahamas, stands accused of covertly extending a $2 billion line of credit to Alameda Research. A lawsuit, filed by those who claim to be victims of Sam Bankman-Fried, accused Deltec of granting a three-day grace period to Alameda Research for the settlement of purchased stablecoins. Misappropriation of […] Source: https://news.bitcoin.com/deltec-bank-accused-of-secretly-extending-a-2-billion-credit-line-to-alameda-research/
An Australian police officer recently appeared in a Melbourne court where he faced charges of stealing 81.616 bitcoins from a crypto wallet seized from drug traffickers. After initially blaming the drug traffickers,’ the Australian Federal Police later reopened the case after an expert found evidence linking the theft to a former police officer. The accused […] Source: https://news.bitcoin.com/australian-police-officer-in-court-for-stealing-nearly-82-btc-from-seized-drug-traffickers-wallet/
Solana, one of the top proof-of-stake blockchains, has integrated Filecoin, a decentralized file-saving blockchain-based system, to make its block history accessible for third-party apps. According to Filecoin, this will allow Solana to achieve improved redundancy and scalability for part of its data set while leveraging a decentralized solution like Filecoin. Solana to Integrate Filecoin to […] Source: https://news.bitcoin.com/solana-integrates-filecoin-to-enhance-historic-data-accessibility/
The UK government will introduce new regulations for stablecoins and crypto staking services within the next six months, according to Economic Secretary to the Treasury Bim Afolami. He was speaking at a Coinbase-hosted industry event in London on Monday, adding that the government is “pushing very hard” to get legislation on the books. The Treasury made a commitment in October…
Jim Bianco has raised concerns over the potential for a new kind of volatility in the bitcoin market, spurred by the dominance of speculative traders in the recently approved spot bitcoin ETFs. This development, he warns, could lead to significant regulatory repercussions for the broader crypto industry. Spot Bitcoin ETFs Could Spell ‘Vol-Mageddon’ for Crypto, […] Source: https://news.bitcoin.com/jim-bianco-warns-of-potential-risks-in-bitcoin-market-due-to-spot-bitcoin-etfs/
Investors in the bitcoin Ponzi scheme Mirror Trading International are reportedly resisting liquidators’ attempts to have them repay digital assets withdrawn before it collapsed. According to the investors’ lawyer, MTI liquidators are intentionally misinterpreting the Insolvency Act for their benefit. Liquidators Face Accusations of Prolonging the Settlement Process A group of Mirror Trading International (MTI) […] Source: https://news.bitcoin.com/investors-in-collapsed-ponzi-scheme-resist-liquidators-attempts-to-force-repayment-at-current-btc-prices/
Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $100,000 by June this year. This prediction aligns with his earlier forecast of bitcoin’s rise and gold’s decline. Kiyosaki recently increased his bitcoin holdings in anticipation of a price surge fueled by the recent approval of spot bitcoin exchange-traded funds (ETFs) […] Source: https://news.bitcoin.com/robert-kiyosaki-expects-bitcoin-to-hit-100k-by-june-this-year/
Edward Snowden, a privacy advocate and former National Security Agency (NSA) contractor and whistleblower, says bitcoin “is the most significant monetary advance since the creation of coinage.” He views his statement as “unpopular but true.” Edward Snowden’s ‘Unpopular but True’ Bitcoin Statement Edward Snowden, a privacy advocate, posted about bitcoin on social media platform X […] Source: https://news.bitcoin.com/edward-snowden-calls-bitcoin-most-significant-monetary-advance-since-the-creation-of-coinage/
PIXEL, the Ethereum token of popular blockchain game Pixels, has racked up more than $1.2 billion worth of trading volume since launching Monday morning, according to data from CoinMarketCap. That makes it the 10th most-traded cryptocurrency across the entire market, based on the more than 8,800 coins that CoinMarketCap tracks. That means more PIXEL has been traded than some of…
