Coinbase, a leading cryptocurrency exchange, has announced a $2 million advertising campaign aimed at Latino voters and consumers. This initiative is part of the broader effort within the crypto industry to gain political support from elected officials. The campaign promotes cryptocurrency as a viable means for sending money overseas. As reported by Reuters on Thursday, the advertisement showcases a young …
Read More »Binance Integrates Tether (USDT) on Toncoin Network
Binance, a global leader in cryptocurrency exchanges, has announced the integration of Tether (USDT) on the Toncoin Network. This development allows users to deposit and withdraw USDT using the Toncoin Network, enhancing Binance’s multi-chain capabilities and offering users greater flexibility in their transactions. Understanding the Toncoin Network The Toncoin Network, also known as The Open Network (TON), is a decentralized …
Read More »Major Asset Managers Submit Revised Proposals for Ethereum ETFs to SEC
Several leading asset managers have recently submitted updated proposals for Ethereum exchange-traded funds (ETFs) to the United States Securities and Exchange Commission (SEC). Notable firms including VanEck, BlackRock, Grayscale, Invesco Galaxy Digital, and Fidelity aim to provide comprehensive updates on their respective Ethereum funds, as highlighted by Bloomberg analyst Eric Balchunas in a recent post on X. Fee Structures and …
Read More »Rapper 50 Cent’s X Account Hacked to Promote Fraudulent Meme Coin
Rapper Curtis “50 Cent” Jackson recently became the target of a cyberattack, with his X (formerly Twitter) account hijacked to promote a fraudulent meme coin linked to the Solana blockchain. The hacker exploited the growing trend of celebrity-endorsed meme coins, misleading many into believing that 50 Cent was genuinely supporting a new Solana token called GUNIT, launched via Pump.fun. Elaborate …
Read More »US Lawmakers Visit Nigerian Prison, Advocate for Detained Binance Executive’s Release
US Representatives French Hill and Chrissy Houlahan recently visited Kuje Prison in Nigeria to check on the condition of detained Binance executive Tigran Gambaryan. Gambaryan, who serves as Binance’s Head of Financial Crime Compliance, has been held under dire conditions, raising significant health and humanitarian concerns. In a social media post on June 20, Hill described Gambaryan’s detention as “wrongful” …
Read More »