Cryptocurrency

Andrew Tate Back on Memecoin Bandwagon, Racks Up 700K in Losses on Hyperliquid Andrew Tate is back to trading memecoins, but his latest foray into the speculative market has proven costly. The controversial internet personality has seen his wallet approach losses of 700,000 dollars on the Hyperliquid perpetual exchange after taking a short position on […]

Australian financial watchdog AUSTRAC has instructed the cryptocurrency exchange Binance Australia to bring in an independent external auditor. The directive comes as a result of the regulator identifying what it deems to be significant failures in the platform’s systems for combating money laundering and the financing of terrorism. The audit will be a comprehensive examination

This Trader Turned 6,800 Dollars Into 1.5 Million Dollars With a High Risk Bot Strategy A cryptocurrency trader recently transformed a modest 6,800 dollar investment into a staggering 1.5 million dollars. This extraordinary profit was not the result of a single lucky trade but was achieved through a carefully executed, high-frequency strategy deployed by a

Pennsylvania Lawmaker Proposes Ban on Public Officials Trading Crypto A Pennsylvania state representative has introduced a bill aimed at preventing public officials and their immediate families from trading cryptocurrency assets in which they hold a personal financial interest. The proposed legislation seeks to close a potential ethical loophole, arguing that the novel and volatile nature

Washington Embraces Crypto as Policy and Lobbying Efforts Intensify The landscape of cryptocurrency regulation in the United States is undergoing a significant and rapid transformation. Recent developments in Washington signal a notable shift from skepticism to a more engaged, albeit complex, embrace of blockchain technology and digital assets. This new chapter is being written through

Arthur Hayes Joins Stem Cell Company as Investor and Patient After Trump Pardon Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has joined the board of directors and taken a major investment stake in a stem cell research company. This move follows his recent pardon by former US President Donald Trump for a

Federal Reserve Governor Christopher Waller has advised financial policymakers and traditional bankers to view decentralized finance and stablecoins not as a threat, but as a source of innovation for the United States payments infrastructure. He emphasized that these emerging technologies are nothing to be afraid of. Speaking to an audience of bankers, Waller framed DeFi

Bitcoin Drops Near 112,000 Dollars Ahead of Powell Jackson Hole Speech Bitcoin fell below 113,000 dollars as the cryptocurrency market joined traditional investors in a cautious stance ahead of a key speech by Federal Reserve Chair Jerome Powell. The highly anticipated event at the Jackson Hole Economic Symposium is expected to provide critical clues on

Bitcoin is forging a new path as a compelling financial asset, prompting a growing number of investors to consider a strategic shift away from traditional sovereign bonds in pursuit of superior returns. This movement is not merely speculative; it is driven by a fundamental reevaluation of risk and reward in the modern economic landscape. For

SEC Chair Paul Atkins Discusses Crypto Regulation at Wyoming Symposium Paul Atkins, a former commissioner of the Securities and Exchange Commission, recently addressed the ongoing debate over cryptocurrency regulation during a keynote speech at the Wyoming Blockchain Symposium. His comments provided insight into the SEC’s internal approach to digital assets and the complex question of