In a landmark legal move, Nigeria has filed a lawsuit against global cryptocurrency exchange Binance, seeking $79.5 billion in damages for alleged economic losses and $2 billion in unpaid taxes The case, filed at the Federal High Court in Abuja, accuses Binance of tax evasion, currency manipulation, and contributing to the instability of Nigeria’s local currency, the naira. Economic Instability…
The Pi Network community buzzes with anticipation as a landmark moment approaches. After six years of development, the decentralised project teeters on the brink of a transformative leap, but challenges loom for some markets. Here’s what you need to navigate the Indian crypto landscape. Open Network Launch On February 20, 2025, at 8:00 AM UTC, Pi Network’s Open Network goes…
The U.S. Bitcoin mining industry now supports over 31,000 jobs and injects $4.1 billion annually into the economy, a Perryman Group report reveals. Texas dominates this growth, contributing $1.7 billion and 12,200 jobs, while Georgia and New York add millions more. Further support is seen from current President Donald Trump. As he pledges to cement America as the global crypto…
A storm brews in the Solana ecosystem following abrupt leadership changes and explosive allegations. Meteora co-founder Ben Chow resigned Monday amid claims of insider trading linked to the volatile $LIBRA token. Meanwhile, shadowy figures emerge, pulling strings behind meme coin chaos. With millions lost and trust eroding, the crypto community demands answers, and one name surfaces repeatedly: Hayden Davis. Meteora…
In a brazen digital heist, cybercriminals impersonated Saudi Arabia’s Crown Prince Mohammed bin Salman this week, leveraging hacked social media channels to promote counterfeit cryptocurrencies. The incident has sparked alarms about rising memecoin scams exploiting high-profile figures. Elaborate Impersonation Scheme Hackers infiltrated the Saudi Law Conference’s official X account on February 17, rebranding it to mimic Crown Prince Mohammed bin…
An enigmatic whistleblower has sparked global intrigue after sending $2 million in Ether to WikiLeaks alongside explosive claims of militarised “brain-computer” technology. The transactions, laced with cryptic on-chain messages, allege widespread human rights violations tied to nanochip mind control. WikiLeaks The nonprofit WikiLeaks, renowned for publishing classified leaks, received the funds from “Hu Lezhi,” a pseudonymous programmer. His claims start…
The mysterious figure known as ArtForz remains one of Bitcoin’s most enigmatic and wealthy individuals. With a fortune tied to the early days of cryptocurrency, his story is a blend of innovation, controversy, and disappearance. How it all started ArtForz, an electrical engineer with a knack for computers, began mining Bitcoin in 2010 when the BTC cryptocurrency was worth just…
Argentina’s President Javier Milei is embroiled in a growing scandal after promoting the $LIBRA cryptocurrency, which skyrocketed in value before crashing dramatically. The incident has sparked outrage, fraud allegations, and even calls for impeachment. Investors are reeling from significant losses, while opposition leaders demand accountability. Who Are the Key Players in the $LIBRA Scandal? The controversy centres around President Milei,…
A seemingly minor technical feature once divided Bitcoin’s community, exposing clashing visions for the future of cryptocurrency. Let’s dive into the details. What Are Blocks in Blockchain? To grasp the conflict, first understand blockchain’s foundation. A blockchain chains together data-filled “blocks” secured by cryptography. Each block stores transaction details, with its capacity defined by block size. Bitcoin’s original 1MB limit,…
As the cryptocurrency market evolves, select upcoming ICOs are pioneering innovative blockchain solutions in DeFi, Web3 infrastructure, and sustainable technology. These projects showcase potential disruption in traditional finance, offering early-stage investment opportunities. Their emergence signals a maturing crypto ecosystem, moving beyond speculation toward real-world utility and institutional adoption. 1. EarnPark (PARK) It is a cryptocurrency investment platform designed to generate…
On January 26, 2018, hackers infiltrated Coincheck, a Tokyo-based cryptocurrency exchange, stealing $523 million in NEM tokens. The attack began at 2:57 a.m., exploiting malware on an employee’s computer. Shockingly, the entire fortune sat in a “hot wallet” a digital vault connected to the internet. Cybersecurity experts later called this a reckless oversight. Following this, Coincheck froze deposits, sparking panic…
Cryptocurrencies notorious volatility has fuelled demand for stablecoins. These are digital assets pegged to stable reserves like fiat or commodities. Currently, over 200 stablecoins exist, but only a handful dominate. Below, we dissect their types, top contenders, and challenges. Fiat-Backed Stablecoins Fiat-backed stablecoins mirror traditional currencies, offering stability through reserves. Each token equals one unit of a currency, typically the…