Solana’s Meme Coin Contender Lightchain AI Breaks 7.5M Sold in Presale in 30 Days

PRESS RELEASE. AI-powered blockchain is no longer just a buzzword—it’s the future. And Lightchain AI, Solana’s newest meme coin contender, is proving just how big that future is. With an astounding 7.5 million tokens sold...

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Euro Usage Tanks, Leading Decline Among Currencies on SWIFT Over the Last 10 Years

According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to 2014, with only 22.29% of global...

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Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources

Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners will...

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Latam Insights Encore: El Salvador’s Bitcoin Push Persists, Undeterred by IMF Deal

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the defiant stance of El Salvador’s government on bitcoin and how...

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Meme Tokens Dominate: 9 of 2024’s Top 10 Crypto Gainers Are All About the Laughs

As 2024 winds down, the crypto economy has flourished, growing by an impressive $1.62 trillion in value over the year. Interestingly, nine of the top ten gainers for the year turned out to be meme tokens, with only one utility...

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Bitgo CEO Highlights Shift Toward Bitcoin Among Companies

Mike Belshe, CEO of Bitgo, a cryptocurrency services provider, has highlighted the growing interest among companies in adopting bitcoin as part of their reserve portfolios. Belshe remarked that the shift to a more favorable...

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Bitcoin Market Cap to Reach 20% of Gold’s: Galaxy Research

Galaxy Research predicts a bullish year for Bitcoin in 2025, projecting prices to surpass $150,000 and potentially reach $185,000 in Q4. Bitcoin Market Cap to Reach 20% of Gold’s Galaxy Research, an arm of the digital asset...

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New Meme Coin Flockerz Raises $8M, Enters Final Phase of Presale – Last Chance to Join Before Launch

Flockerz ($FLOCK), the innovative new meme coin introducing vote-to-earn rewards to build a more engaged community, is entering the final stage of its presale after raising more than $8 million. The presale is set to end...

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Crypto Industry Strikes Back: Lawsuit Challenges ‘Unconstitutional’ IRS Regulations

The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules issued by the Treasury and the IRS. The coalition...

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250,000 Users in 2 Months: MTT SPORTS Suggests New Opportunities

PRESS RELEASE. Since its launch two months ago, the esports platform MTT Sports has quickly gained widespread attention from players worldwide. As of December 23, the platform has attracted nearly 250,000 participants over...

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Blockchain Sleuth Warns of New Crypto-Focused Social Engineering Exploit

Tay, a well-known blockchain security investigator, has reported on a new social engineering scheme targeting the cryptocurrency industry. She explained that industry workers are at risk, as attackers pose as field executives...

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Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset

Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing...

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Millions in SOL at Stake: Solana Co-Founder Hit With Fraud Lawsuit by Ex-Wife

Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced...

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Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill

Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to...

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Thursday’s rally was a welcome change after four consecutive days of total daily net outflows. Post Christmas Rally Snaps Four-Day ETF Exodus The Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21shares Bitcoin ETF (ARKB)...

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Uganda and Eight Other Nations Join BRICS as Partners in January

Russia has confirmed that Uganda will become a BRICS partner on Jan. 1, 2025, along with eight other countries: Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, and Uzbekistan. These nations will join the...

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HTX DAO’s “Confidence Journey” Completes Third Stop: Bridging Traditional and Crypto Investors to Shape the Future of Digital Assets

PRESS RELEASE. HTX DAO, in partnership with leading exchange HTX, successfully concluded the third stop of its “Confidence Journey” on December 20, 2024. The event brought together a diverse audience, including blockchain...

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FBI Links North Korean Hackers to $308 Million DMM Exchange Breach

The FBI and other agencies linked a group of North Korean threat actors, known as ‘Tradertraitor,’ to May 2023’s $308 million hack of DMM, a Japanese exchange. The hackers used social engineering to access internal communications...

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Bitcoin Technical Analysis: Bears Tighten Grip as Price Dips Below Key Levels

Bitcoin is rocking at $95,492, with a market cap of $1.89 trillion, a 24-hour trade whirl of $42 billion, and prices swinging between $95,134 and $99,886 today. Bitcoin Bitcoin‘s 1-hour chart showcases a dramatic drop from...

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Botswana Council: Virtual Assets Market ‘Poses Limited Risks to Financial Stability’

The Botswana Financial Stability Council’s October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability. Tech Advances Fuel Financial Stability Risks...

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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

PRESS RELEASE. CryptoGo is committed to providing Web3 users with the most convenient and secure Web3 mobile payment experience. We’re excited to announce the launch of our Alpha Test in Vietnam! Be among the first to experience...

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El Salvador’s Bitcoin Buying Spree Continues on Christmas Day—IMF Left Watching

El Salvador, the smallest and most densely populated country in Central America, keeps piling on the bitcoins, adding another coin to its treasure on Christmas Day, boosting its reserves to 5,997.77 BTC, now valued at a...

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Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

The “Santa Claus rally” seems to be behind the broader crypto market’s rebound today. Bitcoin (BTC) soars from $93,835 to $98,441, and altcoins follow suit, with Bitget (BGB) recording some of the most impressive weekly...

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3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of traditional finance (tradfi). Since their debut, these ETFs have not only broken records but have...

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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

PRESS RELEASE. The blockchain world is buzzing, and for good reason—Lightchain is making waves as the ultimate Ethereum contender. Powered by cutting-edge technology and unmatched community engagement, the presale for Lightchain’s...

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Coinbase Dumps Failed Tactics – Crypto Millions Now Flow to Policy Gamechangers

Coinbase’s CEO unveils a bold plan to end failed lobbying, channeling tech money into pro-innovation candidates and rallying millions to reshape Washington’s future. Coinbase Ends Decade of Failed Policy – Armstrong Reveals...

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Public Canadian Firm Swaps CAD for BTC: Matador Technologies Joins the Bitcoin Treasury Revolution

According to an announcement unveiled on Monday, Matador Technologies Inc., a Canadian publicly listed outfit, declared it’s adding bitcoin to its balance sheet. Matador Technologies Aims to ‘Future-Proof’ Its Treasury Matador,...

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Argentina Freezes $3.5 Million in USDT Linked to Rainbowex Amid Massive Seizure Operation

The Argentine justice system has ordered Tether, the issuer of the USDT stablecoin, to freeze over $3.5 million linked to Rainbowex, an alleged mega pyramid operation that is currently under investigation. The request comes...

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Roasted Bitcoin? Cocoa Rises as the Best Investment of 2024

Cocoa, an unlikely commodity, has become the best-performing asset of 2024, surpassing bitcoin, the U.S. stock market, and other commodities such as gold. Experts predict that prices will likely continue to rise due to relentless...

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Ethiopia Signals Potential Shift on Cryptocurrency Stance

The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in the country’s stance on digital currencies....

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Caught in Offside? Argentine Soccer Team Scammed by Missing Press Chief in Crypto Swindle

The Press Chief of Estudiantes de Río Cuarto, an Argentine second-division soccer team, has vanished after allegedly swindling millions from the team using a crypto investment platform. Press Chief of Argentine Soccer Team...

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Michael Saylor Presents Framework for Digital Assets to Strengthen U.S. Leadership

.Michael Saylor, co-founder and executive chairman of Microstrategy, has presented a framework that aims to position the U.S. and the dollar as leaders of the global digital economy. Defining what digital assets are, establishing...

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US Senator Proposes Giving Federal Reserve Faculties to Own Bitcoin

U.S. Senator Cynthia Lummis recently reinforced the intention of extending faculties to the Federal Reserve to purchase and own bitcoin as part of its reserve assets. Lummis stated that the U.S. debt can be repaid through...

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

The U.S. Securities and Exchange Commission (SEC) announced that Tai Mo Shan Ltd. has agreed to pay $123 million to resolve allegations of misleading investors about the stability of terrausd, Terra’s algorithmic stablecoin....

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XRP Community Gets New Rewards, Fed Rules out BTC Reserves, and More — Week in Review

XRP community gets new rewards, Fed rules out BTC reserves, Strike CEO says Trump eyeing US BTC reserve, and more in this Week in Review. Week in Review Ripple’s RLUSD stablecoin debuted on Uphold, offering rewards and benefits...

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Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Constantine Zaitsev, CEO of DRPC, believes multichain solutions are a temporary fix and future advancements like modular blockchains hold promise for a more streamlined approach to blockchain scalability and specialization....

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Vaneck’s $180K BTC by 2025 Projection: Experts Discuss Market Dynamics and Reserve Potential

Vaneck’s projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC’s historical outperformance and potential U.S. strategic reserve status as key factors. Bitcoin...

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Crypto Scam Busted—Victims One Step Closer to Justice

A South Lake Tahoe man, Daniel Chartraw, 51, faces a 12-count federal indictment for wire fraud linked to a cryptocurrency trading scheme, per U.S. Attorney Phillip A. Talbert. Arrested recently, Chartraw allegedly misled...

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US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme

Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they...

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$2.2 Billion Stolen in 303 Crypto Hacks in 2024: Chainalysis Report

The 2024 Chainalysis crypto crime report showed that North Korean hackers were responsible for over 60% of stolen crypto. Hackers Made Away With $2.2 Billion in 2024 Crypto hacking remains a serious concern for the crypto...

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Turmoil: Blackrock’s Bitcoin Video Raises Questions About the 21 Million Hard Cap

Blackrock’s recently posted video explaining the basics of bitcoin to investors has raised questions about the staying power of the so-called hard cap issuance limit. In the video, Blackrock explains that there is “no guarantee”...

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Ledger Users Targeted in New Data Breach Phishing Campaign

Users of the Ledger series of hardware wallets are being targeted as part of a widespread phishing campaign that takes advantage of earlier data leaks. Some users have received emails alerting them to a data breach that...

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Binance Global Survey Hot Topics: Regulation, AI Supremacy, and a Young Market

The most recent global crypto survey organized by Binance has offered insight into the current state of the market. The survey, which polled nearly 28,000 users, shows that 23.89% believe that artificial intelligence (AI)...

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Hybrid L2 BOB Leverages Babylon for Bitcoin Finality

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain combining Bitcoin and Ethereum’s features, has integrated with Babylon, a bitcoin (BTC) staking protocol, to achieve Bitcoin-Secured Network (BSN) status. Babylon...

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Michael Saylor Raves About the U.S.’s $10 Trillion World Reserve Digital Dollar Opportunity

Michael Saylor, co-founder and executive chairman of Microstrategy, has discussed the opportunity for the U.S. to make the dollar ubiquitous by building a regulatory framework that allows U.S. banks to issue their treasury-backed...

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VeraViews Integrates OnDemand’s Advanced AI Technology to Transform Ad Fraud Detection

Abu Dhabi, UAE – December 19, 2024 – VeraViews, a pioneer in blockchain-powered advertising transparency, has announced an exciting collaboration with OnDemand, the groundbreaking AI platform developed by AIREV. This partnership...

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Coinbase To Delist WBTC After Judge Gives Thumbs Up

Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun. Coinbase and Bit Global Clash in Court Over WBTC Delisting California judge Araceli...

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Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand

The Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON) from demanding $38.55 million (NGN60 billion) from Facebook Nigeria Operations Limited for an...

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Bitwise Launches Solana ETP in Europe

Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management...

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Latam Insights Encore: El Salvador’s $3 Trillion Gold Stash Will Be Catalyst for a Bitcoin-Centric Future

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how El Salvador might leverage its newfound gold reserves to increase...

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