Crystal buys Scam Alert to fight crypto scams. Uses AI to track fraud and help victims. Backed by Tether, Polygon, and Ethereum Foundation. As crypto fraud reaches alarming new heights, blockchain analytics firm Crystal Intelligence has taken a bold step to curb the menace. At Token2049 Dubai, the company announced its acquisition of Scam Alert,…
Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. “Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold’s market cap and total addressable market by 2029,”…
Kuwait has launched a crackdown on illegal crypto mining. The coordinated effort targeted residential properties suspected of being used as illegal crypto mining hubs. Some suspects have been released on bail of 500 Kuwaiti dinars. Kuwait has launched a sweeping crackdown on illegal cryptocurrency mining operations, with around 60 individuals currently under investigation and more…
The demand for yield-generating strategies around Bitcoin (BTC) is surging, especially from firms seeking liquidity without liquidating their BTC, according to Ryan Chow, co-founder and CEO of Solv Protocol. During a fireside chat at the Token2049 conference in Dubai on May 1, Chow said institutional interest in Bitcoin yield products has grown exponentially over the…
Two of Wall Street’s most established financial firms, Morgan Stanley and Charles Schwab, are reportedly preparing to offer access to crypto trading. Morgan Stanley reportedly plans to roll out spot crypto trading on its E*Trade platform by 2026. To support this integration, the firm is exploring partnerships with crypto-native companies. While Morgan Stanley already offers…
Trump-linked stablecoin USD1 selected for $2B Binance investment by Abu Dhabi firm MGX. USD1’s rapid rise: Stablecoin backed by U.S. Treasuries hits $2.1B in circulation. Justin Sun’s Tron to integrate USD1 as Trump allies expand crypto footprint. In a major development highlighting the rising influence of Trump-linked cryptocurrency ventures, a stablecoin issued by World Liberty…
Bitcoin is hovering near $95K, but the real action is shifting elsewhere. A shiny metal ball of near-limitless power is soon coming to transform your life if you live in the following US cities: Atlanta Austin Los Angeles Miami Nashville San Francisco No, it’s not sci-fi. Well, it might be – but in this case,…
Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow…
Aztec, a layer-2 rollup focused on privacy, shared Thursday that its testnet has finally gone live. The announcement comes as a wave of new privacy-focused solutions begins to capture the interests of large institutions that need confidentiality with large transaction batches. The team behind Aztec said that they have been working on the product for…
Bitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in April, Wall Street bank JPMorgan said in a research report on Thursday. Some bitcoin miners have pivoted into new business areas, such as offering HPC services to the fast growing artificial intelligence (AI)…
