Mehron Rokhy

Binance Decides To Leave Canada, Citing Regulatory Issues Related to Stablecoins and Investor Limits

The world’s largest crypto exchange by volume says that it’s leaving Canada due to issues with the nation’s regulations on stablecoins and investor limits. In a new announcement, Binance says that it will be joining other prominent crypto-focused firms and leaving the Canadian marketplace. According to Binance, Canada’s new regulatory measures that seek to protect […] The post Binance Decides To Leave Canada, Citing Regulatory Issues Related to Stablecoins and Investor Limits appeared first on T

US Senators Keeping Tabs on El Salvador Bitcoin (BTC) Adoption in Reintroduced Bill: Report

US Senators are reportedly reintroducing a bill that would allow them to track and monitor the developments related to El Salvador’s adoption of Bitcoin (BTC). According to a new report by the Washington Examiner, Senators Bob Menendez, a Democrat from New Jersey, and Jim Risch, a Republican from Idaho, have announced the Accountability for Cryptocurrency […] The post US Senators Keeping Tabs on El Salvador Bitcoin (BTC) Adoption in Reintroduced Bill: Report appeared first on The Daily Hodl.

Bitcoin-Based Decentralized Exchange Token Surges 158% in Just Seven Days, Defying Crypto Downtrend

A Bitcoin (BTC)-based decentralized exchange platform (DEX) is skyrocketing despite turbulence within the crypto markets. New data reveals that AlexGo (ALEX), a decentralized trading platform for BRC-20 tokens that is set to launch next week, surged from its seven-day low of $0.0595 on May 6th to a new all-time high of $0.154 just six days later, […] The post Bitcoin-Based Decentralized Exchange Token Surges 158% in Just Seven Days, Defying Crypto Downtrend appeared first on The Daily Hodl.

Crypto.com Lists Milady (LADYS) NFT Memecoin Two Days After Elon Musk Tweet

A prominent crypto exchange platform is listing a new memecoin just days after billionaire Elon Musk mentioned it in a tweet and sent it skyrocketing. In a new announcement, Singapore-based digital assets exchange Crypto.com says that it’s now listing Milady (LADYS), the meme asset associated with the Milady Maker non-fungible token (NFT) collection, on its […] The post Crypto.com Lists Milady (LADYS) NFT Memecoin Two Days After Elon Musk Tweet appeared first on The Daily Hodl.

Embattled Terra (LUNA) Founder Do Kwon Placed Under House Arrest in Montenegro After Posting $435,000 Bail

Troubled Terra (LUNA) founder Do Kwon is being placed under house arrest in Montenegro after posting bail. According to a new document released by Montenegrin authorities, Do Kwon and Han Chang-Joon, Terra’s former chief financial officer, have paid $435,000 each to post bail but will be forced to stay under house arrest until the end […] The post Embattled Terra (LUNA) Founder Do Kwon Placed Under House Arrest in Montenegro After Posting $435,000 Bail appeared first on The Daily Hodl.

Texas House of Representatives Seeks To Extend Bill of Rights to Crypto With New Amendment Proposal

The Texas House of Representatives is looking to pass a new amendment extending the Bill of Rights to crypto assets. According to Tom Glass, a former House candidate, the House has voted 139-2 to add a new clause to the Texas Bill of Rights that would stifle the government from infringing upon the right to […] The post Texas House of Representatives Seeks To Extend Bill of Rights to Crypto With New Amendment Proposal appeared first on The Daily Hodl.

Mysterious Wallet Created an Hour Before Elon Musk Tweeted About New Memecoin Nets 2,300% Profit: On-Chain Data

A mysterious crypto wallet created right before billionaire Elon Musk tweeted about a new memecoin has netted a massive 2,300% profit. New data from blockchain tracker Lookonchain reveals that an address created an hour before Musk’s tweet about Milady (LADYS), the memecoin associated with the Milady Maker non-fungible token (NFT) collection, saw massive gains after […] The post Mysterious Wallet Created an Hour Before Elon Musk Tweeted About New Memecoin Nets 2,300% Profit: On-Chain Data appear

Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet

Stablecoin issuer Tether (USDT) is reporting nearly $1.5 billion in profits during Q1 alone while also revealing new details from its reserves. According to a new attestation report by the firm, Tether closed the first quarter of the year with a total of $81.8 billion in total assets, the majority of it being cash, and […] The post Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet appeared first on The Daily Hodl.

Bitcoin and Crypto Markets Rise on Inflation Data As Countdown to US Debt Default Looms

Bitcoin (BTC) and the crypto markets are on the rise after the latest Consumer Price Index (CPI) reveals cooling inflation. New data from the U.S. Bureau of Labor Statistics, the CPI – which measures the changes in the prices of goods and services – shows inflation dipped to 4.9% in April, down from 5% in […] The post Bitcoin and Crypto Markets Rise on Inflation Data As Countdown to US Debt Default Looms appeared first on The Daily Hodl.

OKX President Says Anti-Crypto Regulation in US Is Only Temporary, Company Remains Optimistic for Future

A top executive from crypto exchange OKX says that anti-crypto regulations in the US are only temporary and that the American digital asset sector will become strong again. In a new interview on The Wolf of All Streets podcast, OKX president Hong Fang tells host Scott Melker that she doesn’t expect crypto regulations in the […] The post OKX President Says Anti-Crypto Regulation in US Is Only Temporary, Company Remains Optimistic for Future appeared first on The Daily Hodl.

Nearly Half of Americans Are Worried About Safety of Bank Deposits Amid Industry Turmoil: Gallup Survey

A new survey by Gallup reveals that nearly half of Americans are anxious about the safety of their bank deposits as instability within the industry develops. According to the results, 48% of those surveyed said they are worried about the funds they keep in banks or other financial institutions. Of those who said they were […] The post Nearly Half of Americans Are Worried About Safety of Bank Deposits Amid Industry Turmoil: Gallup Survey appeared first on The Daily Hodl.

$165,000,000 in Ethereum Unstaked in Just 24 Hours As Shapella Upgrade Goes Live

Hundreds of millions of dollars worth of Ethereum (ETH) has been unstaked in the last 24 hours as the smart contract platform launches its new Shapella upgrade. New data from crypto analytics platform Nansen reveals that over 89,000 ETH tokens, worth over $170,000,000 at time of writing, have been withdrawn from staking protocols during the […] The post $165,000,000 in Ethereum Unstaked in Just 24 Hours As Shapella Upgrade Goes Live appeared first on The Daily Hodl.

Warren Buffett Says Bitcoin (BTC) Is for Gamblers Wanting To Spin the Roulette Wheel

Investing legend Warren Buffett says that Bitcoin (BTC) and crypto assets are for gamblers who are looking to get lucky. In a new interview on CNBC’s Squawk Box, the Berkshire Hathaway CEO says that the top crypto asset by market cap has no intrinsic value and that those investing in it are essentially gambling. According […] The post Warren Buffett Says Bitcoin (BTC) Is for Gamblers Wanting To Spin the Roulette Wheel appeared first on The Daily Hodl.

Fed President Warns of Recession Amid Banking Crisis, Says FOMC Committed to Hammering Inflation

The President of the Minneapolis Federal Reserve Bank is issuing a warning, saying that a recession could be around the corner as a banking crisis puts pressure on the US economy. According to a new report by Reuters, President Neel Kashkari says that even though the Fed’s current tactics to combat inflation could cause a […] The post Fed President Warns of Recession Amid Banking Crisis, Says FOMC Committed to Hammering Inflation appeared first on The Daily Hodl.

Crypto-Friendly Trading Giant Robinhood To Pay Up to $10,200,000 to US Regulators Over 2020 Platform Outages

Trading giant Robinhood will pay up to $10.2 million to multiple state regulatory agencies in a settlement over issues that caused the platform to temporarily go out in 2020. In a new press release, the North American Securities Administrators Association (NASAA), an international organization that aims to protect investors from fraud, says Robinhood will pay […] The post Crypto-Friendly Trading Giant Robinhood To Pay Up to $10,200,000 to US Regulators Over 2020 Platform Outages appeared first o

Dogecoin (DOGE) Retreats After Elon Musk’s Twitter Reverts Back to Blue Bird Logo

The most popular meme asset on the market is coming back down to Earth as billionaire Elon Musk reverts Twitter’s logo back to its iconic blue bird. Twitter’s return to its traditional logo sent Dogecoin (DOGE) crashing after it mounted a 30% rally earlier this week due to the chief executive using DOGE’s logo as […] The post Dogecoin (DOGE) Retreats After Elon Musk’s Twitter Reverts Back to Blue Bird Logo appeared first on The Daily Hodl.

Massive Shiba Inu Whale Accumulates 148,782,308,867 SHIB As the Dogecoin Rival’s Burn Rate Explodes Over 35,000%

A deep-pocketed crypto trader is accumulating hundreds of billions of Shiba Inu (SHIB) as the dog-themed meme asset sees a massive jump in its token-burning rate. New data from whale-tracking platform WhaleStats reveals that user BlueWhale0073, one of the biggest Ethereum (ETH) whales in the world, has just snapped up 148,782,308,867 SHIB worth $1,651,483 at […] The post Massive Shiba Inu Whale Accumulates 148,782,308,867 SHIB As the Dogecoin Rival’s Burn Rate Explodes Over 35,000% appeared firs

US Presidential Candidate Opposes Fed’s CBDC Plans, Says It Will Pave Way for Banning and Seizing Bitcoin

A candidate for the US Presidency is opposing the Federal Reserve’s plan to create a central bank digital currency (CBDC), saying that it could ultimately lead down a path where the government seizes Bitcoin (BTC). In a lengthy message, Robert F. Kennedy, who recently announced that he is running in the 2024 presidential campaign as […] The post US Presidential Candidate Opposes Fed’s CBDC Plans, Says It Will Pave Way for Banning and Seizing Bitcoin appeared first on The Daily Hodl.

Crypto-Friendly Travel Company Launches New Program for Shiba Inu (SHIB) Holders

A crypto-friendly travel firm is rolling out a new affiliate program for holders of Shiba Inu (SHIB), a popular Dogecoin (DOGE) competitor. In a new announcement, travel giant Travala says that holders of Shiba Inu can join their affiliate program, which would have members earn a percentage of the bookings of each person they invite. […] The post Crypto-Friendly Travel Company Launches New Program for Shiba Inu (SHIB) Holders appeared first on The Daily Hodl.

Tether CTO Paolo Ardoino Addresses Recent Reports, Says Company Had No Exposure to Collapsed Signature Bank

A top executive at stablecoin issuer Tether (USDT) is addressing recent reports alleging that the company had exposure to collapsed bank Signature Bank. Tether’s chief technology officer, Paolo Ardoino, tells his 202,000 Twitter followers that the firm had no exposure to Signature Bank, directly or indirectly, despite a recent article by Bloomberg claiming that Tether […] The post Tether CTO Paolo Ardoino Addresses Recent Reports, Says Company Had No Exposure to Collapsed Signature Bank appeared