Avalanche9000 goes live on testnet, unlocks $40M rewards for builders
Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.
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Bitcoin Doubters ‘Having a Hard Time’ Continuing Doubting, Says Nexo Exec
Co-founder and managing partner of cryptocurrency lending startup Nexo Antoni Trenchev said that bitcoin (BTC) naysayers are having a hard time in an interview with CNBC published on June 25.During the interview, Trenchev pointed out that bitcoin has been defined dead over 300 times (90 only last year) and “has risen from the ashes yet…

Fed paper looks at theoretical role of remuneration, convenience in CBDC design
The discussion paper reviews the literature on the impact of CBDCs in large, developed economies and draws some conclusions and specific design elements. 426 Total views 5 Total shares The importance of remuneration in the design of a central bank digital currency (CBDC) was emphasized in a paper the United States Federal Reserve Board released…

36% of the top 1,000 crypto projects went silent on blogging this year
A whopping 35.8% of the world’s largest crypto projects haven’t uploaded a single blog post in 2023, according to blockchain marketing agency Guerilla Buzz. 344 Total views 4 Total shares Own this piece of history Collect this article as an NFTMore than a third of the top 1,000 crypto projects — a term that includes…

Elon Musk’s X platform faces backlash over XRP account suspension
Crypto Eri, a prominent figure in the cryptocurrency community, contacted Elon Musk on X, seeking clarification about the account suspension. 369 Total views 3 Total shares X (formerly Twitter) executive chair and chief technical officer Elon Musk has faced criticism for the suspension of an XRP-related account.Crypto Eri, a well-known figure in the cryptocurrency community

Biden won’t accept debt deal protecting crypto traders — G7
U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders. 333 Total views 1 Total shares United States President Joe Biden expressed opposition to a debt ceiling agreement with Republican leaders that would allegedly benefit crypto traders. Attending the Group of Seven (G7) Summit, Biden reportedly classified Republicans'…

FBI to reform virtual currency practices following DoJ recommendations
The DoJ thinks the FBI needs to shape up when it comes to its cryptocurrency support teams. 645 Total views 12 Total shares A recently released U.S. Department of Justice audit of the Federal Bureau of Investigation’s (FBI) practices in regards to darknet criminal investigations concluded that the law enforcement agency is in disarray —…

Montenegro justice minister approves Do Kwon’s extradition to US
Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport.

US DoJ Charges Group of Individuals Who Stole $2.5 Mln in Crypto Via SIM Swapping
The United States Department of Justice released a fifteen-count indictment on May 9 that charges a hacking group labeled “The Community” with SIM swapping in order to steal cryptocurrencies.U.S. Attorney Matthew Schneider and his colleague from the U.S. Immigration and Customs Enforcement Angie Salazar announced the charges in the Eastern District of Michigan. Per Salazar,…