Cryptocurrency

The Path to Mainstream DePIN Passes Through This Decentralized VPN
August 27, 2024 08:11 PM AEST| By Team Kalkine MediaThe integration of scalable and interoperable Decentralized Physical Infrastructure Networks (DePIN) promises to advance blockchain technology’s reach into mainstream applications by facilitating real-world blockchain integration and enhancing user experi...

Cyberattacks Strike French Government Websites
August 27, 2024 08:09 PM AEST| By Team Kalkine MediaFrench authorities are facing criticism from free speech advocates and the crypto community following the arrest of Telegram founder Pavel Durov. On August 24, 2024, Durov was detained in France, an action that has sparked significant controversy and back...

New Zealand Adopts OECD Crypto Reporting Framework in New Tax Legislation
August 27, 2024 08:08 PM AEST| By Team Kalkine MediaNew Zealand is set to enhance its regulatory framework for cryptocurrency with a new bill introduced by the Minister of Revenue, Simon Watts. On August 26, 2024, Watts proposed the "Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Meas...

France’s Macron Denies Political Motives Behind Durov’s Arrest
August 27, 2024 08:06 PM AEST| By Team Kalkine MediaFrench President Emmanuel Macron has addressed the arrest of Telegram founder and CEO Pavel Durov, asserting that it is “in no way a political decision.” In a statement posted on social media on August 26, Macron clarified that Durov’s detention on August...

Mark Zuckerberg Expresses Regret Over COVID-19 Censorship Decisions
August 27, 2024 08:02 PM AEST| By Team Kalkine MediaMeta CEO Mark Zuckerberg has asserted that Facebook was subjected to “pressure” from the Biden administration to censor COVID-19 related content during the pandemic. In a letter dated August 26 to U.S. Representative Jim Jordan, chairman of the House Judi...

Bitcoin’s Noteworthy Monthly Candle Appears, but Caution Advised
August 27, 2024 06:31 PM AEST| By Team Kalkine MediaAnalysts are closely monitoring Bitcoin’s monthly candlestick pattern as it approaches the end of August, which could potentially signal significant market movements. The focus is on the development of what might be a "dragonfly doji" candlestick on Bitco...

White Hat ‘SEAL’ Team Surpasses 900 Investigations in Crypto Hack Protection
August 27, 2024 06:30 PM AEST| By Team Kalkine MediaIn response to the escalating threat of cryptocurrency hacks, an elite group of ethical hackers has formed a specialized team named SEAL (Security Alliance). Led by Samczsun, a white hat hacker and Paradigm researcher, SEAL aims to enhance security measur...

Bitcoin Millionaires Increase by 111% in a Year Amid Crypto Rally
August 27, 2024 06:29 PM AEST| By Team Kalkine MediaThe number of Bitcoin millionaires globally has surged by 111% over the past year, reaching 85,400 individuals who now hold assets exceeding $1 million in Bitcoin. This significant increase is highlighted in the Crypto Wealth Report 2024 by Henley and Par...

Durov's Arrest Raises Concerns for the Crypto Industry
August 27, 2024 06:28 PM AEST| By Team Kalkine MediaThe arrest of Pavel Durov, co-founder and CEO of Telegram, in France on August 24 has elicited significant concerns within the cryptocurrency community and beyond. Durov's arrest has led to a sharp decline in the value of Toncoin, highlighting the ramific...

Judge Orders Martin Shkreli to Surrender Unique Wu-Tang Album Copies
August 27, 2024 06:27 PM AEST| By Team Kalkine MediaMartin Shkreli has been ordered by a New York federal judge to surrender all digital copies of a rare Wu-Tang Clan album, as legal proceedings continue. This development follows Shkreli's earlier forfeiture of the physical album in 2018.,The album, a uniq...

Base Reaches 1M Daily Active Addresses as Basenames Gains Traction
August 27, 2024 06:09 PM AEST| By Team Kalkine MediaCoinbase's layer-2 network, Base, has achieved a significant milestone with over 1 million daily active addresses, marking a notable increase in user engagement and network activity. On August 24, Base reached a peak of 1.05 million daily active addresses...

BlackRock ETF Records Largest Inflow in 35 Days as Bitcoin Weekly Rally Pauses
August 27, 2024 06:08 PM AEST| By Team Kalkine MediaBlackRock's iShares Bitcoin Trust ETF (IBIT) recorded its largest daily net inflow in 35 days on August 26, amounting to $224.1 million. This surge in inflows coincided with Bitcoin’s price dipping slightly below $64,000 following a significant weekly ral...

Elon Musk Endorses Comprehensive AI Safety Regulations
August 27, 2024 06:07 PM AEST| By Team Kalkine MediaElon Musk has publicly supported increased regulation for artificial intelligence, aligning his stance with the need to govern technologies that pose risks to public safety. His position comes in response to proposed legislation that some experts argue co...

French Authorities Authorized to Detain Durov
August 27, 2024 06:07 PM AEST| By Team Kalkine MediaUntil August 28,France's prosecutor’s office has provided additional details regarding the recent arrest of Pavel Durov, founder and CEO of Telegram, which occurred on August 24. In a notice issued on August 26, French authorities revealed that Durov's de...

SEC Files Charges Against Siblings for $60M Ponzi Scheme Involving Crypto Trading Bot
August 27, 2024 06:05 PM AEST| By Team Kalkine MediaThe United States Securities and Exchange Commission (SEC) has filed charges against brothers Jonathan Adam and Tanner Adam, accusing them of operating a fraudulent $60 million cryptocurrency Ponzi scheme involving a non-existent trading bot. The complain...

Vitalik Buterin Addresses Criticism of Ethereum's Commitment to DeFi
August 27, 2024 05:59 PM AEST| By Team Kalkine MediaEthereum co-founder Vitalik Buterin has addressed recent criticisms regarding his stance on decentralized finance (DeFi), defending his position on the sector’s role within the Ethereum ecosystem. The debate was sparked by Kain Warwick, the creator of yie...

Bitcoin Set for $150K Surge, but Sellers May Impact Rally
August 27, 2024 05:58 PM AEST| By Team Kalkine MediaBitcoin is approaching a critical period that one Jamie Coutts from RealVision, has termed "batshit season" or the Banana Zone. Coutts suggested that if Bitcoin follows historical bull market trends, it could potentially reach $150,000 by the end of the y...

Stacks' Nakamoto Upgrade Poised to Transform DeFi on Bitcoin
August 27, 2024 05:57 PM AEST| By Team Kalkine MediaThe Stacks Network is set to undergo a significant transformation with the activation of its Nakamoto Upgrade on August 28. This upgrade marks the largest enhancement in the network’s history and promises to reshape the landscape for decentralized finance...

EigenLayer's EigenDA to Enable Layer-2 Native Token Restaking
August 27, 2024 05:56 PM AEST| By Team Kalkine MediaEigenDA, a data availability protocol from EigenLayer, has expanded its capabilities to support native token restaking for layer-2 scaling networks. This update, announced on August 26, introduces the ability for users to restake layer-2 tokens in additio...

President Trump and New York Governor Propose Transition to Nuclear Energy
August 27, 2024 05:55 PM AEST| By Team Kalkine MediaNuclear energy is gaining traction as a solution to meet ambitious climate goals and address significant energy demands. According to data from SMR Nuclear, nuclear power plants collectively produce approximately 441,398,880 megawatt-hours of energy over ...