McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
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Orchid’s OXT Price Slips Over 20% After Launch for Trading on Coinbase Pro
American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT.According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major United States-based cryptocurrency exchange Coinbase Pro.According to an announcement, OXT will be available in Coinbase’s supported jurisdictions, with the…

Indian Minister: No Official Ban on Cryptocurrencies in India Yet
India’s Minister of State for Finance Anurag Thakur has said that there is no law in India expressly prohibiting the use of cryptocurrencies. Local media outlet Inc42 reported Thakur’s statement on July 19, The statement came during a recent exchange between a Member of Parliament (MP) and Thakur inside of Rajya Sabha — the “Council of…

Roger Ver Trashes Bitcoin.com Coronavirus Layoff Claims as ‘More Bcash FUD’
Bitcoin.com CEO Roger Ver has brushed aside assertions that his website laid off 50% of its workforce, labeling the claims “more Bcash FUD.”Several cryptocurrency news outlets reported the layoff news after a post appeared on Candor, a site that purports to list jobs lost in response to the coronavirus. Problems with Candor’s methodsHowever, Candor’s list is…

Afghan Government to Use Blockchain to Combat Counterfeit Drugs
Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs. 1553 Total views 52 Total shares Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs.According to Fantom on July 6, its Opera blockchain will be used to track 80,000 units of four…

Binance exchange burns $547M worth of BNB tokens
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady. 414 Total views 8 Total shares
SEC’s XRP reversal marks crypto industry victory ahead of SOL futures ETF launch: Finance Redefined
Crypto investors rejoiced this week after the US Securities and Exchange Commission dismissed one of the crypto industry’s most controversial lawsuits — one that resulted in an over four-year legal battle with Ripple Labs. In another significant regulatory development, Solana-based futures exchange-traded funds (ETFs) have debuted in the US, a move that may signal the

US Treasury Targets Crypto Addresses of Alleged Narcotics Traffickers
The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, also known as the Kingpin Act. These addresses, and the individuals associated with them, have been deemed to be associated with foreign narcotics operators.The Treasury updated its SDN list…

Hut 8 pays off $38M Anchorage Digital loan as it looks at AI expansion
Anchorage Digital converted the debt into common stock at a 51% premium.