TRUMP memecoin makes record price run, possibly multiplying Donald Trump’s net worth by 5x

A video released by investigative YouTuber Philip Rusnack, known as ‘Philion,’ has revived the debate over whether Yuga Labs’ flagship Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection employs racist imagery and white supremacist esotericism.In the hour-long video released June 20 on YouTube, Rusnack laid out his case, claiming that BAYC is “one massive…

A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits. Hiromi Yamaoka, former head of the payment and settlement systems department at the Bank of Japan, said that the country will likely need several years before it can issue a central bank digital currency.In a Nov.…

Distributed ledger technology provider Iota, Dell Technologies and the Linux Foundation are collaborating on Project Alvarium.In an Oct. 28 press release, the nonprofit Linux Foundation announced it was forming a new project with support from several major industry giants such as Dell, the Iota Foundation and IBM. Other partners to the project include edge resource…

Executives at the Bank of Ireland (BOI) could join a trial in the case against Mark Scott, who allegedly helped launder nearly $400 million via cryptocurrency scam scheme OneCoin.Four BOI witnesses to testify remotelyOn Sept. 29, the government of the United States submitted a court motion seeking the testimony of four witnesses via closed-circuit television…

Brian Armstrong, the CEO of United States cryptocurrency exchange Coinbase, alleges that Apple is stifling innovation in crypto and sidelining DeFi to protect itself from competition.In a Twitter thread published on Sept. 11, Armstrong doubled down on his earlier claims that Apple continues to block some functionalities for cryptocurrency developers. The CEO alleged that other cryptocurrency…

Crypto taxation tool CoinTracker has released a report comparing the prevalence of cryptocurrency ownership across major cities in the United States. The report is based on user data that CoinTracker has been collecting since 2013.CoinTracker found that the top four ranked cities by average crypto portfolio size are all in California’s San Francisco Bay Area,…

Coinbase recorded around $76 billion in spot trading volume, showing a sharp decline compared to the same quarter in 2022. 65 Total views 1 Total shares The spot trading volume of Coinbase, one of the largest crypto exchanges in the United States, has dropped by more than half, highlighting a shift in interest in crypto

Decentralized exchange volumes reached a record $55-billion high in January as Uniswap and SushiSwap saw a significant surge in activity. 2365 Total views 8 Total shares Decentralized finance (DeFi) has emerged as one of the driving forces of crypto sector growth, and it is also establishing itself as an integral component driving widespread adoption of…

Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue.