PRESS RELEASE. The blockchain space is buzzing, and for good reason. Solana, renowned for its lightning-fast transaction speeds and low fees, has dominated the altcoin scene as a go-to blockchain for developers and investors alike. But could a newcomer on the horizon be ready to shake things up? Enter Lightchain AI, a revolutionary new altcoin […]
On Wednesday, the price of bitcoin plummeted below the $ 100,000 mark, hitting an intraday low of $ 99,997 per coin. The whole crypto market has taken a hit, dropping 5.74% in the past 24 hours, with numerous coins feeling the sting of heavy losses. Bitcoin’s Rollercoaster Week: From Record High to Sub-$ …
An early bitcoin investor was sentenced to two years in prison for evading taxes on $ 3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing …
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay. The downfall of Yao Qian, a leading architect of the e-CNY, over cryptocurrency-related bribery allegations, has intensified scrutiny of its rollout. While cumulative […]
USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $ 1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the …