3 Hong Kong Approves Crypto Payment
3 Hong Kong, a telecommunication company in China has approved cryptocurrency payment. The service will only be offered to Hong Kong residents. Customers can now pay for phone bills, products, and services online using specified cryptocurrencies, thanks to FTX US’s FTX Pay coin exchange service. The company’s clients will be able to utilize certain cryptocurrencies […]
Solana (SOL) is gearing up to hitting all-time highs, here’s why
Solana (SOL) the sixth-largest crypto token by market capitalization dipped slightly on Tuesday after a stellar rise over the past month. However, the declines suggest that the token is likely gearing up towards all-time highs. SOL’s price dropped as much as 7% to $126.94, and was currently trading at $133.26. It was also nearly 50% […]
Miami authorities recover $34M in crypto linked to illegal dark web activity
Federal prosecutors in Miami, Florida have seized about $34M in cryptocurrency as part of the crackdown on drug and financial crimes. This accounts for one of the largest cryptocurrency forfeitures by the United States. Law authorities detected a South Florida resident using an online pseudonym “raking in millions” selling stolen account information from sites like […]
Terra’s Founder Addresses Worries on Any Loss of Bitcoin Pegged to UST Stablecoin
Terra’s parent company Luna Foundation Guard(LFG) has been on a major Bitcoin buying spree in order to peg BTC to their stablecoin UST. Terraform Labs founder Do Kwon recently stated that he is willing to become the second-largest Bitcoin holder after Satoshi Nakamoto. However, many individuals are worried about future liquidity as a result of […]
German Government Closes Russian Darknet Market, Seizes $25M Bitcoin
The German government confiscated $25 million in bitcoin (BTC), claiming to have closed the Hydra Market, one of the world’s major darknet markets. According to a federal police statement released on Tuesday, the cybercrime office of the Frankfurt prosecutor’s office and federal criminal police took 543 BTC while “securing” the site’s servers. 17 million clients […]