Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in […]
Robinhood plans to launch crypto trading services in Singapore by late 2025, through its Bitstamp acquisition, marking a strategic expansion into Asia’s digital asset hub. The move aligns with Singapore’s crypto-friendly regulations and Robinhood’s broader global growth strategy. Singapore Primed as Next Crypto Hub for Robinhood Robinhood is preparing to enter the Singapore crypto market […]
A JPMorgan study reveals that Trump’s social media influence on financial markets has decreased, with only 10% of his economic-related posts triggering currency movements. However, tariff-related tweets continue to impact global markets, raising questions about potential spillover effects into crypto. Trump’s Tariff Tweets Still Move Currencies and Crypto Could Be Next Donald Trump’s social media […]
While the meme coin sector has witnessed billions vanish into thin air in recent weeks, the artificial intelligence (AI) coin market has experienced its own dramatic downturn, shedding over $15 billion in value since Jan. 16. AI Tokens Face $15B Setback AI coins enjoyed a stellar rise throughout 2024, fueled by the emergence of AI […]
A man was arrested after climbing the Hollywood sign and waving a flag promoting the Vigilante token cryptocurrency. Vigilante Token Launched in ‘Most Viral’ Way On Feb. 15, the Los Angeles Police Department confirmed that officers detained a man seen atop the Hollywood sign waving a flag promoting a cryptocurrency. The department said the flag […]
India’s ED seizes $198 million in crypto linked to Bitconnect’s infamous Ponzi scheme. A global fraud, high returns promised, and digital assets hidden—here’s the full story. India Seizes $198M in Crypto in Bitconnect Fraud Probe India’s Directorate of Enforcement (ED) in Ahmedabad announced on Feb. 15 that it has seized cryptocurrencies worth Rs. 1,646 crore […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news over the past week. In this week’s edition, President Nayib Bukele met Strategy’s Michael Saylor to discuss bitcoin, Sam Altman’s World is forced to stop operations in Brazil, and the Brazilian stock exchange will add solana and ether futures this […]
Luke Xie, co-founder and CEO of Satlayer, emphasizes the importance of highlighting bitcoin’s other use cases, particularly with the introduction of Taproot. The ETF and Trump Effect on Bitcoin The increased public interest in bitcoin, sparked by rumors in Q3 2023 that investment giant Blackrock contemplated launching a bitcoin exchange-traded fund (ETF), persisted throughout 2024. […]
Pig butchering scams exploded in 2024, with fraudsters stealing billions through AI-driven deepfakes and rapid-fire scams, overwhelming victims and outpacing law enforcement crackdowns worldwide. Pig Butchering Scams Surge as AI Fuels New Fraud Tactics Blockchain intelligence firm Chainalysis released a report on Feb. 13 detailing the rapid growth of pig butchering scams in 2024. These […]
Aston Martin Aramco Formula One Team has partnered with cryptocurrency platform Coinbase in a multi-year deal fully paid in USDC stablecoin, marking a first in Formula One history. USDC Stablecoin Fuels Landmark F1 Sponsorship Between Aston Martin Aramco and Coinbase The Aston Martin Aramco Formula One Team rebranded in 2021 under owner Lawrence Stroll, announced […]