Global

Ripple Labs, a leading force in the cryptocurrency sector, has issued a crucial alert for all XRP holders, raising concerns across the altcoin market. This recent warning from Ripple underscores the importance of vigilance in light of the recent legal victory against the U.S. Securities and Exchange Commission (SEC), and highlights an alarming surge in scam activities targeting the XRP community.

Recent election disclosures have shed light on former President Donald Trump’s significant involvement in the cryptocurrency and NFT markets. According to filings, Trump holds between $1 million and $5 million in Ether (ETH).

The IRS has recently introduced new regulations aimed at streamlining the income tax return process for cryptocurrency investors. These updates, set to take effect in the fiscal year 2025, promise to enhance clarity and reduce the administrative burden associated with reporting digital asset transactions.

In a surprising move that has caught the attention of investors and market analysts alike, the New York Stock Exchange (NYSE) has decided to withdraw its plans to list options on Bitcoin exchange-traded funds (ETFs).

In a notable shift towards digital asset investments, South Korea’s National Pension Service (NPS) has acquired 245,000 shares of MicroStrategy, valued at $33.75 million, during the second quarter of this year.

As the 2024 U.S. presidential race heats up, cryptocurrency is becoming a crucial issue for major candidates. Recently, Circle, a leading player in the digital assets sector, unveiled a new risk-based capital framework for stablecoins, underscoring the increasing need for clear and effective regulation in this rapidly evolving industry.

Despite a stable hashrate, Bitcoin's value has declined by over 6%, which has significantly impacted miners' earnings. However, U.S.-based mining firms have managed to increase their share of Bitcoin production, highlighting complex landscape for the industry.

Facebook’s parent company, Meta, has rejected recent claims suggesting that over half of crypto ads on its platform are scams. The Australian Competition and Consumer Commission (ACCC) had asserted in a federal court filing that 58% of the crypto ads reviewed were fraudulent.

The global digital assets market is experiencing significant turbulence as Bitcoin (BTC) ends its recent gaining streak, facing substantial volatility and downward pressure.

On August 15, 2024, the phrase "Earn $5000 with ChatGPT" became a hot topic among cryptocurrency enthusiasts and casual internet users. This surge in interest occurred after the phrase appeared in Tapswap's Daily Combo code—a popular feature of the Telegram-based tap-to-earn game, Tapswap.

On August 15, Lucie (@LucieSHIB), the marketing lead for Shiba Inu, unveiled the official launch date for liquid staking on the Shibarium network. The announcement, made via a video on X, marks a significant milestone for the Shiba Inu ecosystem.

Recent data from Arkham Intelligence reveals a significant transaction involving 10,000 BTC, valued at approximately $600 million, which has been transferred to Coinbase Prime, the institutional arm of the well-known cryptocurrency exchange.