This decisive action underscores the cryptocurrency sector’s growing responsibility for global financial compliance. The move reported that PDVSA increased its use of Tether’s USDT to bypass U.S. sanctions on its oil exports. These sanctions were recently re-imposed. PDVSA Increases Use of USDT to Bypass U.S. Sanctions These sanctions were reintroduced due to concerns about the integrity of Venezuela’s upcoming election. This prompted PDVSA to seek alternative ways to sustain its operations. Tether responded by freezing 41 wallets in December, all linked to individuals or entities on the U.S ..read more

This change, effective from April 16th, comes in response to the recent growth of the TON token. It includes a special discount for Jetton-with-governance transactions such as $USDT. Let’s explore more about this important news for TON. TON Network Implements Major Fee Cuts and Special Discounts Initially, the fees for the first transaction involving Jetton-with-governance were reduced to 0.02 TON from 0.032 TON. Subsequent transactions now cost just 0.0145 TON, significantly lowering costs for frequent users. This fee reduction was made possible after validators approved the TON Core Developm ..read more

The founders are charged with laundering over $100 million sourced from dark web markets, including the notorious Silk Road. This arrest highlights ongoing efforts to curb illegal activities facilitated through digital currencies. Let’s explore more about this news about the Samourai Wallet. DOJ Cracks Down on Crypto Money Laundering Samourai Wallet allegedly became a conduit for laundering money from various illicit online transactions. The DOJ alleges the wallet service hid the origins of over $2 billion in cryptocurrency through complex blockchain maneuvers. This mixing or tumbling process ..read more

This new feature enables sellers to convert a portion of their daily sales into Bitcoin using Cash App. The conversion process occurs at the end of each day. Let’s explore more about this important news for Bitcoin adoption. Daily Sales to Bitcoin: A New Feature for Square Sellers This initiative marks a significant advancement in integrating cryptocurrency with traditional business operations. It offers sellers more control over their financial assets in an increasingly digital economy. Bitcoin Conversions is designed to seamlessly bridge the gap between fiat currency earnings and cryptocurre ..read more

So the Bitcoin halving has taken place. What now? Well if you believe the conventional wisdom and what Crypto Twitter says, we will have a Bitcoin season for a while then an Alt Season. But will it happen like that? And whether it does or doesn’t, are some projects better positioned now after the halving? Yes, some are. And today, we have 3 altcoins for you in a great position to take advantage of the Bitcoin halving to grow further from here. 1) GraphLinq1 (GLQ) Narratives are and continue to be an important part of good investment selection. And the AI narrative is not going away becaus ..read more

The first part of this article covered the top 5 BTC tokens with 100x potential. Let’s look at four more BTC coins you should be aware of. 1) BeFi Labs BeFi Labs is a BRC-20, Runes, and Ordinals trading terminal. It works fine with metamask and other wallets. With BeFi Labs, you get to trade BRC-20 tokens without extra charges.  #BRC20, #Ordinals, #Runes from your mobile! Mobile web support for Trading Terminal is available! Try trading directly from your mobile: https://t.co/IVVPrVbuXl pic.twitter.com/WrDLar4ggG — BeFi Labs (@BefiLabs) April 21, 2024 If you hold $BEFI, you get little ..read more

This innovative platform is revolutionizing the way money is sent overseas. For example, It enables users to transfer funds from any European bank to a Costa Rican bank. This is in seconds with minimal fees. Instant Transfers from Europe to The World This expansion enables the purchase of Bitcoin and free on-chain withdrawals. It also allows for the creation of a fully-featured Lightning wallet. It also introduces other advanced functionalities. Strike leverages Bitcoin’s Lightning Network to provide a fast, secure, and affordable alternative to traditional banking and remittance services. The ..read more

This announcement marks a pivotal development for New York residents. They have often faced strict regulations and limited access to various cryptocurrencies. Robinhood’s listing of three cryptocurrencies is notable given New York’s strict BitLicense regulatory framework. New Crypto Listings Challenge NY’s Strict Regulations The addition of $SHIB, $AVAX, and $COMP to Robinhood’s trading platform not only diversifies the options available to traders. Also, signals a possible easing of restrictions or at least a more robust pathway for approval of digital assets in the state. Robinhood’s $AVAX l ..read more

This extensive effort involved a meticulous manual review of 10,000 appeals. The issue came to light in January when it was discovered that several community members had fallen victim to wallet hacks. Let’s discover more about this news from Jupiter. Intensive Review of 10,000 Appeals These members faced the stark possibility of missing out on their much-anticipated airdrop. Jupiter Exchange quickly acted to rectify losses for its users, recognizing the situation’s severity. Jupiter Exchange has tirelessly reallocated 4 million JUP tokens to rightful owners recently. This was no small feat. Th ..read more

As you increase your income base, you will naturally look for ways to maximize your cash flow. One way to improve your cash flow in the crypto space is through passive income with some altcoins. You don’t stress much, but you make money from the system. How can you achieve this?  Through DePIN, the future of decentralization.  Let’s get to it, but first. Let’s see a little bit about what is DePIN. What is DePIN?  DePIN (Decentralized Physical Infrastructure Network) is a new niche of Web3 that creates a decentralized network for physical structures like storage and computing.&nb ..read more