Crypto Access Revolution: Alchemy Pay and Yellow Card Partner for Africa
The recent partnership between Alchemy Pay and Yellow Card marks a significant step towards democratizing cryptocurrency access across Africa. This collaboration is set to simplify the process for millions of users in countries such as South Africa, Uganda, and Rwanda…
Wales Engineer Takes Legal Action to Retrieve Lost Bitcoins Worth $647 Million
James Howells, a software engineer from Wales, has become a prominent figure in the cryptocurrency community, not for his innovative technology work but for a legal battle that could alter the fate of 8,000 Bitcoins discarded in a landfill. The…
Europe Prepares for Stablecoin Regulations with MiCA
The European Union (EU) is at the forefront of advancing regulatory measures for stablecoins through its Markets in Crypto-Assets Regulation (MiCA), a comprehensive framework set to take effect on December 30, 2024. This regulation aims to not only provide clarity…
How the Impending Sale of Ethereum from the PlusToken Ponzi Scheme Could Impact the Crypto Market
A notable event in the cryptocurrency landscape is on the horizon, the anticipated sale of approximately $1.3 billion in Ethereum seized from the PlusToken Ponzi scheme. Originally dismantled in 2019, this scheme ensnared millions of participants in China, leading to…
Quantum Computers and the Future of Banking Security: A Rising Concern
The rapid advancements in quantum computing have captured the attention of researchers and cybersecurity experts worldwide. Recent claims from Chinese researchers at Shanghai University indicate a potential breach of encryption algorithms that safeguard banking and cryptocurrency transactions. This revelation raises…
Bitcoin’s Resilience Amidst Political Uncertainty
Bitcoin’s trajectory remains remarkably bullish as the U.S. gears up for its upcoming presidential election. Experts are predicting its price could soar to $100,000 in the near future, largely driven by global economic concerns and rising institutional interest in cryptocurrencies….
Crypto.com Files Lawsuit Against SEC for Exceeding Authority
In a significant legal move, Crypto.com has filed a lawsuit against the United States Securities and Exchange Commission (SEC), alleging that the agency is overstepping its legal authority by classifying most cryptocurrency transactions as securities. This action comes on the…
Alchemy Pay Expands with Samsung Pay, Supporting Global Crypto Payments
Alchemy Pay is making headlines with its latest integration, allowing users to link their virtual crypto cards to Samsung Pay. This innovative step provides a more efficient way for consumers to utilize cryptocurrency for everyday purchases, complementing the previously existing…
New Wave of Online Scams Targeting Young Crypto Users
As cryptocurrency continues to rise in popularity, particularly among younger generations, criminals are increasingly orchestrating sophisticated scams to exploit the vulnerabilities of novice users. Coinbase, a significant player in the crypto exchange market, has sounded the alarm on the increasing…
Ex-Lawyer Admits Role in Crypto Ponzi Scheme
David Kagel, an 86-year-old former attorney from California, was sentenced to five years probation and ordered to pay nearly $14 million after confessing his involvement in a massive crypto Ponzi scheme. Kagel, who is currently in hospice care, pleaded guilty…
