Kelvin Maina is a professional crypto and Forex technical analyst with a Bachelor’s degree in Computer Science and experience in the industry since 2017. He has authored several crypto white papers and supported multiple cryptocurrency launches through marketing and technical writing expertise.
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Two Estonian nationals have pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their company, HashFlare, which promised investors lucrative returns from crypto mining. Sergei Potapenko and Ivan Turõgin, both 40, admitted to conspiracy to commit wire fraud, acknowledging that they lacked the computing power to conduct the crypto mining they advertised. The
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Regulatory turf wars over crypto may soon end—SEC and CFTC are reviving their joint committee to streamline oversight. The move comes amid increasing scrutiny of digital assets and industry calls for clearer oversight. Fox Business journalist Eleanor Terrett reported that both agencies are discussing reinstating the CFTC-SEC joint advisory committee, which was originally established in
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In response to growing speculation, OpenSea has denied rumors surrounding a potential non-fungible token (NFT) airdrop, stating that the information circulating online is entirely false. The company urged users to rely exclusively on its official channels for accurate information. CEO Devin Finzer addressed the situation directly, explaining that the controversial webpage discovered by community members
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World Liberty Financial (WLF), the cryptocurrency platform linked to former U.S. President Donald Trump, has unveiled a strategic token reserve aimed at stabilizing digital asset markets and expanding its influence in decentralized finance. The reserve, described as a “financial backbone” for WLF, will focus on acquiring and holding Bitcoin, Ethereum, and other leading cryptocurrencies. WLF’s
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In an unprecedented collaboration, the legendary game NOM is making a long-awaited return after two decades—this time as an NFT. Partnering with the acclaimed RPG Heir of Light: Eclipse, this exclusive release is set to offer unique in-game rewards and collectible digital assets, appealing to both veteran NOM fans and dedicated Heir of Light: Eclipse
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Cryptocurrency scams reached an estimated $9.9 billion in 2024, according to a report by blockchain analytics firm Chainalysis. The figure, which is expected to increase as additional illicit wallets are identified, reflects the growing sophistication of crypto-related fraud. A surge in AI-powered scams and the expansion of so-called “pig butchering” schemes contributed significantly to the
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South Korea’s Financial Services Commission (FSC) announced plans to permit charities, universities, and crypto exchanges to sell cryptocurrency holdings received as donations, marking a significant shift in the country’s regulatory stance. The decision comes in response to increasing institutional interest in crypto trading and aims to align South Korea with global trends in corporate digital
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Ukraine is turning to blockchain to safeguard its artistic heritage with the launch of the Ukrainian Fund for Digitized Art (UFDA), a groundbreaking digital archive. With over 2,700 digitized works by more than 50 Ukrainian artists, the fund represents a major step in merging art preservation with blockchain technology. Supported by Digital Original, a platform
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Spot Bitcoin exchange-traded funds (ETFs) in the United States continued to see outflows on February 11, with BTC briefly dipping below $95,000. The downturn follows a trend of declining investor sentiment, raising concerns about the market’s short-term stability. According to data from SoSoValue, U.S.-listed Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, marking
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U.S. President Donald Trump has reportedly chosen Brian Quintenz as the next chairman of the Commodity Futures Trading Commission (CFTC), signaling a potential shift in the regulatory landscape for digital assets. According to Fox Business reporter Eleanor Terrett, Quintenz, a former CFTC commissioner and current head of policy at Andreessen Horowitz’s (a16z) crypto division, is
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In a move that merges art, technology, and philanthropy, Big Comic Art, a pioneering NFT artist, has announced the auction of a rare digital artwork originally minted on the SuperRare platform in 2019. The sale, set to coincide with Valentine’s Day, will see all proceeds shared among 20 participating artists in an effort to support
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Japan’s Financial Services Agency (FSA) is preparing a significant shift in its cryptocurrency regulations, aiming to reduce the tax rate on digital asset gains and consider the approval of Bitcoin exchange-traded funds (ETFs). If these measures are implemented, they could reshape the country’s crypto landscape, aligning it more closely with global financial markets. Crypto Tax
