Ethereum scaling solution Arbitrum has partnered up with trading app giant Robinhood to announce a new token swap integration in Robinhood’s self-custody wallet. The companies made the joint announcement yesterday at the ETHDenver conference. The new integration lets Robinhood Wallet users transact with Arbitrum. In the coming months, the two companies will provide support for...
Brock Pierce, a crypto and blockchain OG and founder of Tether and EOS, sat down with Cryptonews Podcast host Matt Zahab to discuss the current bullish situation in the crypto market. In a wide-ranging, exclusive interview, Pierce talked about the US returning to the crypto scene as a participant following the spot Bitcoin ETF approvals,...
Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as tender among dark web vendors of CSAM. Like other things listed on the dark web, CSAM is often bought and sold with Bitcoin. However, the privacy coin Monero (XMR)...
On March 1, a cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price. The trader, whose X username is PrincePablos, paid 0.21 BTC (about $12,877) for a Bitcoin Ordinals NFT listed at 0.021 BTC (about $1,287) due to a fat...
In February 2024, the European Central Bank (ECB) officially announced the launch of the digital euro project, providing a fresh perspective on the global development of digital currencies. With the rapid proliferation of digital payments, the introduction of the digital euro not only offers the Eurozone a more secure and efficient payment method but also...
Gemini has reached a settlement in principle with Genesis, detailing a plan to distribute $1.8 billion to Earn users, with the process starting within two months, pending court decision. In a recent announcement by Gemini, the crypto exchange outlined its in principle agreement with Genesis, aiming to resolve the Earn program‘s disruption. Gemini’s Asset Recovery...
Social messaging app Telegram is introducing an advertising platform that enables channel owners to receive rewards in Toncoin. The Telegram Ad Platform will officially launch in March to advertisers in nearly 100 countries, CEO Pavel Durov announced Wednesday. “Channel owners in these countries will start receiving 50% of any revenue that Telegram makes from displaying...
Asset managers Ark Invest and 21Shares have announced a collaboration to enhance transparency for their ARK 21Shares Bitcoin ETF (ARKB) by integrating Chainlink’s Proof of Reserve platform to verify holdings data. Announced Wednesday, the Chainlink integration aims to provide investors with real-time, verifiable insights into the ETF’s holdings. Ark Invest and 21Shares Integrate Chainlink to...
Romance scams were a brutal driver of illicit crypto activity last year, according to blockchain investigators at Chainalysis. The blockchain intelligence platform’s 2024 Crypto Crime Report states that so-called “pig butchering scams” nearly doubled their revenue in 2023 compared to 2022, and have already multiplied by 85X since 2020. The Size Of Crypto Romance Scams...
In the first two months of 2024, hacks across the Web3 space cost over $200 million, according to the latest report by Immunefi, the blockchain cybersecurity platform protecting over $60 billion in assets. In February, the losses amounted to nearly $70 million. According to the ‘Crypto Losses in the February 2024 Report,’ Web3 has lost...