TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report Shows Tron […]
Soneium, Sony’s Ethereum Layer 2 platform, attempted to block meme coins as part of its official policy to curb unauthorized intellectual property usage. Nonetheless, users found a way to circumvent these measures, demonstrating the strength of decentralized platforms. Meme Coin Blocking Attempts on Soneium Get Foiled by Crypto-Savvy Users Soneium, Sony Group’s Ethereum L2 platform, […]
Prices of SOL and XRP jumped when the New York Post published the rumor on Thursday. SOL, XRP, and USDC Might Join Bitcoin in a Newly Conceived Strategic Crypto Reserve Donald Trump is not a Bitcoin maximalist, he just rubs elbows with them. So what happens when – as first reported by the New York […]
While the trend of corporations warming up to holding bitcoin as a reserve asset is starting to grow in the U.S., three unicorns in Argentina already hold bitcoin in their portfolios. Argentina Embraces Bitcoin in Corporations: Mercado Libre, Globant, and Bitfarms Already Hold BTC While the idea of holding bitcoin as part of cooperative reserves […]
Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil. Nubank Opens Access to USDC Rewards Program Nubank, one of the biggest companies in Latin America and the largest neobank in […]
A Russian national was sentenced to seven years in prison for high treason involving cryptocurrency. The individual repeatedly transferred funds to a unit of the Ukrainian Armed Forces using crypto. Russian National Sentenced to 7 Years in Jail for Using Crypto to Fund Ukrainian Forces One of the first cases involving crypto funding and treason […]
Despite having a fantastic year in 2024, crypto hedge funds could not match bitcoin’s phenomenal returns. Crypto Hedge Funds No Match for Bitcoin Hedge funds focused on cryptocurrencies delivered double-digit returns in 2024. This is according to data from Galaxy’s Visiontrack Composite Index, which measures the performance of 130 crypto-dedicated hedge funds. The hedge funds […]