Cryptocurrency Funding Fuels Hamas’s Attack on Israel

Israel’s “Iron Dome” air defense system has protected the country from air attacks, but recently, Hamas fired over 2,000 rockets into Israel from the Gaza Strip. The financing behind this attack has raised questions, and it has been revealed that terror groups, including Hamas, Palestinian Islamic Jihad (PIJ), and Hezbollah, have received significant cryptocurrency funding. […]

Dismissal Order Signed in SEC Case Against Ripple Executives

US District Judge Analisa Torres has dismissed the case against Ripple executives Brad Garlinghouse and Chris Larsen, according to an order signed on October 23, 2023. The dismissal order specifically refers to “Institutional Sales” of XRP by the executives, omitting the categories of “Programmatic Sales” and “Other Distributions.” This strategic decision means that while Garlinghouse […]

Coinbase Denies Imposing $5,000 Weekly Limit on Bitcoin Withdrawals Amidst Social Media Rumors

Crypto exchange Coinbase has denied rumors that it has implemented a $5,000 per week limit on Bitcoin withdrawals. The rumors began after a user claimed on social media that they had encountered this restriction when trying to withdraw Bitcoin from Coinbase. However, a spokesperson from Coinbase stated that these claims were inaccurate and that there […]

Cryptocurrency Project Safereum Plunges 94% After Alleged Exit Scam

The cryptocurrency project Safereum has left the crypto community in shock after a significant amount of liquidity was drained from the project shortly after a successful $600,000 fundraising campaign. The developers of Safereum unlocked the token supply and sold over 600 Ether, causing the price of the Safereum token to plummet by more than 94%. […]

BlackRock Expected to Provide Seed Funding for Bitcoin ETF

BlackRock, the world’s largest asset manager, is reportedly planning to provide seed funding for its iShares spot Bitcoin exchange-traded fund (ETF). This funding would involve BlackRock purchasing a certain amount of Bitcoin to kickstart the fund. While the exact date and amount of funding have not been confirmed, recent filings suggest that the contribution could […]