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Online Gambling Thrives Amid Rising Crypto Crime in 2024: A Growing Concern
Cryptocurrency

Online Gambling Thrives Amid Rising Crypto Crime in 2024: A Growing Concern

The year 2024 marked a crucial turning point for the Web3 industry, especially in the realm of online gambling. According to a recent report by Bitrace, the sector experienced significant growth, fueled by the soaring market capitalization of crypto assets and widespread adoption of crypto infrastructure. However, this expansion also saw a troubling increase in

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World's Leading Crypto Options Exchange Considers U.S. Expansion Amid Shifting Regulations
Business

World’s Leading Crypto Options Exchange Considers U.S. Expansion Amid Shifting Regulations

Deribit Considers U.S. Expansion Deribit, the world’s leading crypto options exchange, is actively exploring the possibility of expanding into the U.S. market. This decision follows a shift towards a more favorable regulatory environment for cryptocurrencies under President Donald Trump’s administration. CEO Luuk Strijers emphasized that the company is reassessing its opportunities in the U.S. due

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Crypto Market Analysis (May 4, 2025): BTC, ETH, XRP, ALTCOINS
Cryptocurrency

Crypto Market Analysis (May 4, 2025): BTC, ETH, XRP, ALTCOINS

Crypto Market Snapshot: Cooling Down or Gearing Up? As of May 4, 2025, the crypto market is in a reflective mood. After a streak of bullish moves, we’re now seeing signs of consolidation. The global crypto market cap sits at $2.93 trillion, down 1 percent in the last 24 hours. Meanwhile, daily trading volume has

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US Blacklists Cambodia's Huione Group Over $4 Billion Money Laundering Allegations
Cryptocurrency

US Blacklists Cambodia’s Huione Group Over $4 Billion Money Laundering Allegations

The U.S. Treasury has blacklisted Cambodia’s Huione Group, accusing it of laundering over $4 billion in cybercrime-linked funds. The Treasury’s Financial Crimes Enforcement Network (FinCEN) identified Huione’s connections with North Korean hackers, cryptocurrency scams, and internet fraud syndicates. Other parties, including Google, Elliptic, and Cambodian authorities, confirmed Huione’s involvement in the alleged crimes. The US

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Texas Congressman Proposes Crypto ATMs in Federal Buildings
Cryptocurrency

Texas Congressman Proposes Crypto ATMs in Federal Buildings

Texas’s 5th congressional district representative in the House of Representatives, Republican Lance Gooden, aged 47, proposed the implementation of cryptocurrency ATMs in government federal buildings. Gooden proposed issuing crypto ATMs in government buildings in a letter he sent to the General Services Administration (GSA) on Thursday, May 1st. The GSA is a department in charge

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US Inflation Data Mixed Amidst Policy Uncertainty, Bitcoin Reacts
Cryptocurrency

US Inflation Data Mixed Amidst Policy Uncertainty, Bitcoin Reacts

In the first week of April, data published by the U.S. Bureau of Economic Analysis (BEA) reported that the Federal Reserve’s primary measure of inflation—the Personal Consumption Expenditures (PCE) price index—had increased by 2.3% compared to last year’s figures. Although this was lower than February’s 2.7% increase, the index was higher than economists’ forecasts, which

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Suspect in $186 Million Crypto Hack Arrested in Israel, Facing US Extradition
Cryptocurrency

Suspect in $186 Million Crypto Hack Arrested in Israel, Facing US Extradition

A prime suspect in a significant 2022 U.S. cryptocurrency hack has been captured in Israel—reportedly attempting to escape the country using a new name and passport. Dual Russian-Israeli citizen Alexander Gurevich, 47, was arrested last Thursday, May 1, trying to flee to Russia from Tel Aviv’s Ben Gurion Airport, allegedly using travel documents with a

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Crypto Market Analysis (April 28, 2025): BTC, ETH, XRP, ALTCOINS
Cryptocurrency

Crypto Market Analysis (April 28, 2025): BTC, ETH, XRP, ALTCOINS

Crypto Market Consolidates Gains, Greed Moderates Slightly Welcome back! As we analyze the crypto landscape on April 28th, the market appears to be taking a breather, consolidating after the strong rally witnessed earlier in the week. The global crypto market capitalization sits around $2.95 trillion, showing a minor pullback over the last 24 hours. Trading

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Africa Crypto Week in Review: Payments, Fraud Hunt, and Mining Expansion
Cryptocurrency

Africa Crypto Week in Review: Payments, Fraud Hunt, and Mining Expansion

The final week of April marked the emergence of several noteworthy cryptocurrency stories from all over the African continent. These stories include Onafriq, an African payment service provider using stablecoin USDC for cross-border settlements. At the same time, over in Nigeria, law enforcement is going after eight people tied to the downfall of the CBEX

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UnitedStaking.com Launches Advanced Crypto Staking Platform with Global Reach
Cryptocurrency

UnitedStaking.com Launches Advanced Crypto Staking Platform with Global Reach

UnitedStaking.com has brought forward an all-in-one staking platform for crypto, which provides social and eco-friendly initiatives alongside flexible and rewarding opportunities. Described as the leading global organization in blockchain-based financial services, UnitedStaking.com has recently launched their all-in-one crypto staking platform, which aims to provide flexible, secure, and rewarding opportunities for digital asset holders globally. Platform

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