In an effort to navigate a significant debt crisis estimated at nearly $200 million, THORChain has enacted critical changes to its governance framework, marking a pivotal point in its operational strategy. The decentralized cross-chain liquidity protocol recently passed Proposal 6, which aims to address the adverse financial situation caused by increased debt load associated with
Crypto
In a bold declaration, Elon Musk, who heads President Donald Trump’s Department of Government Efficiency (D.O.G.E.), has directed serious accusations at the U.S. Treasury, claiming it is facilitating fraudulent payments. His statements, which erupted on February 2 via X, accused career officials of engaging in illegal activities, specifically approving unauthorized payments that may enrich dubious
The cryptocurrency markets are known for their volatility, and recent events have underscored this reality, particularly for Ripple (XRP). On February 3, XRP saw a significant price drop, plummeting from a high of $2.40 to a troubling low of $2.00. This represented a stark daily decline of 15%, causing ripples of concern among investors. For
In the digital age, financial markets are often influenced by political decisions, and the recent tariff policies initiated by President Donald Trump seem to bear significant implications for the cryptocurrency sector, particularly Bitcoin. Jeff Park, Head of Strategy at Bitwise, posits that the introduction of these tariffs could serve as a formidable catalyst for Bitcoin’s
The cryptocurrency landscape has shown significant volatility recently, with meme coins facing particularly severe downturns. As of February 3, several prominent figureheads in the meme coin arena, including Shiba Inu (SHIB), Bonk Inu (BONK), and others like Floki (FLOKI) and dogwifhat (WIF), have experienced alarming price drops. The total market capitalization of the meme coin
The recent sentencing of Antonia Perez Hernandez by a New York court sheds light on the growing issue of cryptocurrency-related fraud and the personal stories behind the crimes that devastate lives. Hernandez, a Prominent figure in the Forcount Ponzi scheme, received a 30-month prison sentence after pleading guilty to conspiracy to commit wire fraud. This
The opening days of this week have been marked by significant turmoil in the financial markets. Major stock indexes and digital assets experienced pronounced declines, largely influenced by the introduction of DeepSeek’s new artificial intelligence model. This event, which sparked a wave of selling, has provoked an unpredictable series of investments and market reactions. While
Just shy of two weeks since his return to the White House, former President Donald J. Trump has generated significant headlines with his bold reintroduction of tariffs. These measures, particularly aimed at China, Canada, and Mexico, are reminiscent of the contentious policies that defined his earlier administration. In this article, we explore the implications of
Over the weekend, the cryptocurrency market experienced a significant downturn, with a majority of altcoins suffering severe losses. This downturn can be attributed to a mix of market sentiment and strategic movements by large investors, commonly referred to as “whales.” Among the most notable casualties was XRP, the third-largest cryptocurrency by market capitalization, which found
In recent years, cryptocurrency has gained significant traction globally, offering innovative and efficient alternatives to traditional financial systems. While this technological advancement has facilitated quick and borderless transactions, it has also attracted individuals seeking to exploit these features for illicit purposes. As a result, law enforcement agencies have had to adapt their strategies to combat