Author: John Smith

Vivek Ramaswamy’s account on X was hacked to falsely announce a partnership between the U.S. Department of Government Efficiency and USUAL. The post claimed a partnership between the U.S. Department of Government Efficiency and the stablecoin issuer USUAL, stating that the collaboration would address the federal deficit using digital currencies. The tweet was quickly deleted after the breach was identified. The fabricated announcement suggested the government would adopt stablecoins like USUAL to streamline operations and promote fiscal responsibility.  Screenshot of Ramaswamy’s now-deleted post. While the DOGE-USUAL partnership was entirely false, the Department of Government Efficiency remains focused on modernizing government…

Horizen price spiked more than 60% in 24 hours as the cryptocurrency market looked to recover from a massive dump that saw top altcoins crash to key support levels. On Dec. 20, as Bitcoin (BTC) traded to above $97k and Ethereum (ETH) bulls pushed above $3,400, the price of Horizen (ZEN) surged to highs of $26.34. The cryptocurrency, which rallied sharply following a recent Grayscale Investments announcement, reached a multi-year high and ranked among the top gainers in the 500 largest cryptocurrencies by market cap. ZEN traded at lows of $14.55 on Dec. 19. However, despite the broader crypto crash…

World Liberty, the crypto project backed by the Donald Trump family, has bought the dip with another $2.5 million spent on Ethereum. Data from Arkham Intelligence showed that World Liberty doubled down on its Ethereum (ETH) bet as the altcoin fell alongside Bitcoin (BTC) and other crypto assets. The project, which has recently acquired multiple cryptocurrencies to bolster its decentralized finance offerings, used $2.5 million in the stablecoin USDC (USDC) to purchase 759.36 ETH. Arkham data indicated the transaction was completed via intent-based trading platform Cow Protocol, with an average purchase price of $3,651 per ETH. ETH price decline World…

Crypto markets were under downward pressure on Friday, Dec. 20, driven by Bitcoin’s drop below $100,000, a broad spot price dip, and a funding flush. Cryptocurrency market prices corrected shortly after the U.S. Federal Reserve announced it would slow down rate cuts to address inflation concerns. Following the 25 basis point interest rate reduction, Bitcoin (BTC) slipped under $97,000, dragging the broader digital asset market with it, according to crypto.news price data pages. According to CoinGlass, Bitcoin’s descent triggered a $1.4 billion mass liquidation event, wiping out leveraged long positions within 24 hours. The single largest liquidated trade was a…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CYBRO surges 260% post-listing, emerging as a low-cap contender to challenge Ethereum’s dominance in DeFi with smart AI-driven features. A new powerhouse is emerging in the crypto world, poised to overtake Ethereum’s position by 2025. This low-cap token, though little known now, has the potential to disrupt the blockchain industry. Explore how this rising star could outperform the giants and reshape the future of decentralized finance and applications. CYBRO’s 260% jump after Gate.io and MEXC listings CYBRO is taking…

Multiple Network unveils brand upgrade to address AI-privacy and efficiency, announces MultiGrow testnet launch. In an important step toward combining AI and decentralized ecosystems, Multiple Network has announced a brand change. By resolving issues with privacy protection and data acceleration through its P2P and SD-WAN-based network (Software-Defined Wide Area Network), this upgrade aims to assist consumers worldwide in better understanding and utilizing AI technology. SD-WAN technology enables efficient, secure, and scalable data routing across wide-area networks. This technology improves network performance, reduces costs, and enhances security—critical factors in ensuring fast, reliable connections in decentralized systems. As AI models increasingly rely…

Hedera Hashgraph price has retreated sharply in recent days as the outlook for the crypto industry has worsened. Hedera Hashgraph (HBAR) fell to a low of $0.2483, a drop that mirrored other popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Most cryptocurrencies have dropped, bringing the total market capitalization of all coins to $3.24 trillion. Hedera’s retreat coincides with a decline in the total value of assets locked in its decentralized finance ecosystem. According to DeFi Llama, the TVL has dropped to 675 million HBAR, down from the year-to-date high of 1.35 billion tokens. In U.S. dollar terms, the TVL…

Elvira Nabiullina, Governor of the Central Bank of Russia, reaffirmed the institution’s position against the use of cryptocurrencies for domestic payments.  Speaking at a recent press conference, Nabiullina stated, “We continue to believe that cryptocurrencies should not be used as a means of domestic payment,” according to Reuters reporting.  This stance aligns with Russia’s current legislation, which prohibits the use of digital assets for transactions within the country. However, Nabiullina emphasized the central bank’s support for using cryptocurrencies in international trade as a way to mitigate the impact of Western sanctions. “We do agree, support, and promote projects related to…

Pi Network developers have issued an important update on the ongoing Know Your Customer progress and the timeline for the mainnet launch. n an X post, the developers announced that over 18 million pioneers had completed the KYC verification process, with the number growing rapidly. According to the update, over 200,000 pioneers are completing KYC verification daily. However, the developers have extended the grace period deadline once again, moving it from Dec. 31 to Jan. 31. This is the second deadline extension, following a previous adjustment from Nov. 31. The KYC process is critical for Pi Network as it aims…

Binance’s new platform for pre-list tokens, Binance Alpha, recently announced the fourth batch of tokens added to the selection pool. The new batch includes tokens like KOGE, BANANA, GNON, LUCE and others. In Binance Alpha’s fourth batch of pre-listed tokens, the platform has selected are a mix of Solana (SOL), Ethereum (ETH) and BNB (BNB) -based tokens. The batch includes nine tokens that were chosen based on aspects such as strong community interest, traction and hot trends. On Dec. 20, Binance Alpha released a notice unveiling the tokens included in batch number four to be Banana, Koge, Bob, Magic Power,…