BLOCKCHAIN

Will NUGX Take on Dogecoin (DOGE) and Shiba Inu (SHIB)?

[ad_1] TLDR NuggetRush (NUGX) combines real-world gold mining, cryptocurrency, and digital gaming to form an immersive P2E platform. Dogecoin (DOGE) has experienced a roller coaster in 2023, but it has finally started rising amid Bitcoin’s (BTC) abrupt surge. For most of 2023, Shiba Inu (SHIB) faced persistent bearish trends despite the launch of Shibarium. NuggetRush (NUGX) redefines the crypto space by combining real-world gold mining, gaming, and cryptocurrency, forming an
Business

Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data

[ad_1] The Wall Street Journal (WSJ) has partially corrected an article which mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism activities with cryptocurrencies.The Oct. 10 article — titled “Hamas Militants Behind Israel Attack Raised Millions in Crypto” — cited blockchain forensics firm Elliptic to say Palestinian Islamic Jihad (PIJ), a terrorist organization operating on the Gaza Strip, raised as much as $93 million
BLOCKCHAIN

As Dogecoin and Other Meme Coins’ Popularity Decreases, are AI Cryptos The Next Big Thing?

[ad_1] Top crypto coins that started as internet memes, like Dogecoin and Shiba Inu, unexpectedly became household names in previous bull runs. They symbolized the unpredictability and dynamism of the crypto sphere. However, as recent data suggests, the luster of meme coins seems to be waning. An evident decline of $3.2 billion in the meme coin market within just nine months showcases this downward trend. Amidst this shifting landscape, the
BLOCKCHAIN

Fed Reserve Official Michael Barr Calls for Stablecoin Regulation

[ad_1] Federal Reserve Vice Chair for Supervision Michael Barr Source: YouTube/FederalReserveBoston US regulators are finally discussing the subject of fiat-backed digital assets, popularly known as stablecoins. According to Federal Reserve Vice Chair for Supervision Michael Barr, it’s imperative that stablecoins also fall under the supervisory oversight of the government. Presenting his idea at a Washington DC-hosted conference, Barr stated unequivocally that the ability of a stablecoin to be pegged to
Bitcoin News

I didn’t want to be known as the Kansas City Royals of Crypto Exchanges

[ad_1] Sam Bankman-Fried, founder of the now-defunct crypto exchange FTX, continued his testimony in Manhattan federal court Friday afternoon. Bankman-Fried’s public image Bankman-Fried pushed back on former Alameda Research CEO Caroline Ellison’s claims that his now infamous unkempt hair and casual style of dressing were to benefit his image by stating that he was simply “too busy and lazy” to get his haircut and wore shorts and a t-shirt because
BLOCKCHAIN

Trezor Initiates Investigation as Phishing Campaign Targets Crypto Hardware Wallet Users

[ad_1] Source: Pixabay Trezor, a cryptocurrency hardware wallet company, is currently investigating a potential data breach due to an ongoing email phishing campaign. On October 26, the anonymous blockchain investigator ZachXBT reported a phishing attack targeting Trezor users via his Telegram channel. ZachXBT cited a post on X (formerly Twitter) from the account JHDN, which raised concerns that Trezor might have experienced a breach. It looks like Trezor may have
Business

‘The market could have decided’

[ad_1] Hester Peirce of the United States Securities and Exchange Commission (SEC) has issued a dissenting opinion on the regulator’s lawsuit against blockchain firm LBRY.In an Oct. 27 statement, Peirce described feeling “unsettled” following the SEC’s enforcement action against LBRY in March 2021. In November 2022, a judge ruled in favor of the SEC, stating that the firm’s LBC token was a security. Though LBRY appealed the decision, the company
BLOCKCHAIN

Kraken Appoints Fintech Entrepreneur Bivu Das as New UK Managing Director

[ad_1] Source: AdobeStock / photo_gonzo Kraken appoints Bivu Das, an ex-Starling Bank executive, as a UK corporate representative to drive business expansion in the strengthening UK regulatory environment. On October 27, the prominent cryptocurrency exchange Kraken announced that Bivu Das, a fintech entrepreneur and former Starling Bank executive, will take over the role of Managing Director for the UK market. Das will succeed Blair Halliday, who has been in the
BLOCKCHAIN

Best Crypto to Buy Now October 27 – NEO, Conflux, Render

[ad_1] For investors seeking opportunities, several cryptocurrencies present potential avenues as leading contenders for the best crypto to buy now. Image by CryptoNews.com. The crypto market continues its uncertain direction on shaky ground with Bitcoin struggling to maintain $34,000. For investors seeking Bitcoin alternatives, NEO, Conflux, Render, Bitcoin Minetrix, and Meme Kombat present potential avenues as leading contenders for the best crypto to buy now. Despite the subdued market activity
BLOCKCHAIN

US Deputy Treasury Secretary Implies Some Crypto Firms Refuse to Stop Illegal Fund Movements

[ad_1] US Deputy Treasury Secretary Wally Adeyemo Source: YouTube/CoinDesk The US government is increasing its efforts to combat cryptocurrency criminal funding, especially in response to terrorist attacks in Israel. The world’s largest economy has expressed concerns that some crypto firms are not doing enough to prevent illegal funds flowing to bad actors. Speaking at the ongoing Royal United Services Institute in London, US Deputy Treasury Secretary Wally Adeyemo stated that