Cash-based crypto can enable financial inclusion for billions

Opinion by: Alexander Guseff, founder and CEO of Tectum Crypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has barely exceeded 8%. For all the talk about decentralization and accessibility, the industry continues to … Read more

Manta founder details attempted Zoom hack by Lazarus that used very real ‘legit faces’

Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware.  The meeting seemed real with the impersonated person’s camera on, but the lack of sound and a suspicious prompt to download a script … Read more

Dogecoin (DOGE) Under Pressure—Bearish Setup Could Trigger Sell-Off

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance … Read more

Media mogul hits Justin Sun with countersuit in $78M sculpture dispute

American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture. The billionaire American media mogul filed a counterclaim against Sun on April 16, calling the Tron founder’s suit a “sham” and adding claims of “unethical and/or illegal … Read more

Yemenis are turning to DeFi as US sanctions target Houthi group

Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization.  In the past, internet infrastructure challenges and low financial literacy among the war-torn population contributed to relatively limited crypto adoption, according to an April 17 report from blockchain … Read more

Saylor, ETF investors’ ‘stronger hands’ help stabilize Bitcoin — Analyst

Bitcoin’s relatively stable price movements despite macroeconomic uncertainty is likely due to resilient spot Bitcoin ETF holders and Michael Saylor’s firm continuing to buy aggressively, according to a Bloomberg analyst. “The ETFs and Saylor have been buying up all ‘dumps’ from the tourists, FTX refugees, GBTC discounters, legal unlocks, govt confiscations and Lord knows who … Read more

USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices

USD/CAD gains support following hawkish remarks from Federal Reserve Chair Jerome Powell. CME FedWatch Tool suggested that traders are now anticipating the first rate cut in July. The commodity-linked CAD may find support from stronger crude Oil prices. USD/CAD halts its two days of losses, trading around 1.3860 during the Asian hours. However, market activity … Read more