Category: News

Roman Storm, co-founder of Tornado Cash, issued a statement on Jan. 22 via X, expressing concerns about his ongoing legal battle. Storm described his prosecution as a “terrifying criminalization of privacy.” Tornado Cash is a non-custodial privacy protocol designed to facilitate private crypto transactions through open-source code. Storm explained:“I am being prosecuted for writing open-source…

Willemstad, Curaçao, January 20th, 2025, Chainwire – Cloudbet, a leading crypto sportsbook, has added President Trump’s official $TRUMP token to its list of over 40 supported cryptocurrencies. Users can now bet on Canada’s next prime minister using the newly launched $TRUMP memecoin, which was introduced by US President-elect Donald J. Trump. A Cloudbet representative stated,…

President Donald Trump concluded his inaugural speech without once mentioning Bitcoin (BTC) or cryptocurrency. Meanwhile, Punchbowl News reported that a document sent by Republicans outlining the White House’s new priorities also fails to mention digital assets and Bitcoin. The document does not reflect Trump’s previously stated views on the crypto industry, such as creating a…

The cryptocurrency market has achieved a remarkable milestone, recording its highest weekly inflow of the year with $2.2 billion. This surge, according to the latest CoinShares report, is attributed to heightened enthusiasm surrounding Donald Trump’s Jan. 20 inauguration. The growing optimism among investors has pushed total year-to-date inflows to $2.8 billion, solidifying the crypto market’s…

Circle CEO Jeremy Allaire is expressing optimism about the possibility of President Donald Trump implementing policies that could benefit the crypto industry, even though Trump’s inauguration speech on January 20 did not touch on Bitcoin or crypto. Allaire, speaking at the Reuters Global Markets Forum during the World Economic Forum in Davos, emphasized the need…

Stablecoins are redefining remittances by offering faster, cheaper cross-border payments, coinciding with declining app downloads for traditional remittance giants like Western Union and MoneyGram. According to Matthew Sigel, Head of Digital Assets Research at VanEck, app downloads for these industry leaders have dropped significantly—Western Union by 22% and MoneyGram by 27%. This decline extends beyond…

Bitcoin has effectively offset its modest inflation with massive gains, while the US Dollar Index (DXY) has risen only 12% nominally, with cumulative inflation eroding 20% of its value. Often regarded as a hedge against inflation, Bitcoin maintains a positive but low inflation rate of 0.83%, especially when compared to the dollar’s peak inflation of…

Decentralized AI is unlocking the potential for a more inclusive and fair digital future by using blockchain technology to address the risks posed by Big Tech dominance. The growing influence of major corporations such as Google, Amazon, Microsoft, Meta, and Apple over AI development has sparked serious concerns about technology’s impact on privacy, innovation, and…