Islamic State Seeks Sharia-Compliant Crypto for Funding
A UN report reveals that the Islamic State is pushing for Sharia-compliant cryptocurrency to fund its terrorist activities. A new report has revealed that the Islamic State (IS) group is now advocating for the use of cryptocurrency to support its terrorist operations, provided that it adheres to the principles of Sharia law. This was a […]
Berkshire Hathaway Amasses Record $277 Billion Cash Reserve
Berkshire Hathaway, led by Warren Buffett, sold over $90 billion in stocks in 2024, including significant reductions in Apple and Bank of America holdings. The company, which is guided by Warren Buffett, reported net stock sales of $75.5 billion in the second quarter, bringing its total stock sales in 2024 to over $90 billion. Berkshire’s […]
U.S. Regulator Probes Meme Coin Fraud Involving Crypto YouTuber
The CFTC subpoenaed Hit Network, targeting 15 cryptocurrencies, including meme coin BEN promoted by Armstrong, as part of a crackdown on fraudulent activities. According to recent reports, the CFTC has issued a subpoena to Hit Network, a crypto media corporation that was previously affiliated with Armstrong. This subpoena pertains to 15 cryptocurrencies, including the meme […]
OKX to Offer USDT-Margined DOGS Futures Starting August 5, 2024
From August 5, 2024, traders can access USDT-margined DOGS futures on OKX via API, website, and app before the coin’s official listing. Traders will have the ability to access USDT-margined futures for DOGS beginning at 06:00 UTC on August 5, 2024. These futures are available for trading through the API, as well as on OKX’s […]
Strategic Bitcoin Reserve Bill Announced, Receives Positive Community Response
The Strategic Bitcoin Reserve Bill, introduced on July 31st, aims to establish a secure network of Bitcoin vaults in the US, positioning the country as a global crypto leader. The Strategic Bitcoin Reserve Bill, which was introduced on July 31st, would establish a reserve for the largest cryptocurrency and establish an arrangement that would bring […]