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IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027,…

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Clay County Intensifies Efforts Against Cryptocurrency Scams

The Clay County Prosecutor’s Office, located in Liberty, Missouri, is intensifying efforts to combat the rise in cryptocurrency-related scams. Recognizing the growing threat posed by scams related to cryptocurrencies like…

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Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work 

This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work…

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Crypto-Stealing Malware ‘Styx Stealer’ Exposed by Hacker’s Critical Mistake

Check Point Research (CPR) has uncovered Styx Stealer, a new malware capable of stealing browser data, cryptocurrency, and instant messenger sessions. Styx Stealer is a variant of Phemedrone Stealer and…

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Binance Goes Live in India: Full Access for Indian Users

Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing…

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Dubai Court Recognizes Cryptocurrency for Salary Payments

In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates…

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21shares’ Toncoin ETP Reaches Over $100 Million in Assets Under Management

21shares, a company focused on providing crypto-based exchange-traded products (ETP), recently highlighted the growth of its Toncoin-focused product. The organization, which manages over $3 billion for its customers, celebrated the…

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Financial Analyst Peter St Onge States Saving the Dollar Is Easy: Return to the Gold Standard

Peter St Onge, an economist and financial analyst, has explained his proposal to save the U.S. dollar from crumbling under the current central banking system. St Onge proposes returning to…

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Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil

Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million…

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Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin

According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by…

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