US President Donald Trump announced the appointment of Bo Hines as the Executive Director of the Presidential Council of Advisors for Digital Assets, which Trump referred to as the “Crypto Council”, in a statement he made on the Truth Social platform. Hines, a former college football player and 2022 Republican candidate for North Carolina’s 13th congressional district, steps into the role with the support he received from pro-crypto political action committees (PACs) during his campaign for Congress. While his political candidacy was unsuccessful, his new role signals Trump’s intent to advance crypto-related innovation and regulation. “In his new role, Bo will work with David Sacks to drive innovation and growth in the digital asset space while ensuring industry leaders have the resources they need to succeed,” Trump said. “Together, they will create an environment where this industry can thrive and continue to be a cornerstone of our Nation’s technological advancement.” Related News: Alleged Satoshi Nakamoto Candidate Responds to Claims that Quantum Computers Will Crack Bitcoin's Password! David Sacks, who Trump previously appointed to oversee crypto and artificial intelligence (AI) issues at the White House, will work with Hines in shaping the administration's vision for digital assets. Trump’s focus on digital assets comes amid a broad range of economic appointments. Earlier today, he appointed former Treasury Department official Stephen Miran as chairman of his Council of Economic Advisers. Miran, who has drawn attention for his stance on financial regulation, recently voiced his concerns on The Bitcoin Layer podcast, saying: “I think financial regulation is overly burdensome and prevents banks from lending as much as they want to into the economy. And I think sometimes that can really stifle innovation in areas like [the crypto economy].” *This is not investment advice. Continue Reading: BREAKING : Donald Trump’s Crypto Council Director is Announced – It Wasn’t Expected
Mohammed Azharuddin Chhipa, 35, from Springfield, Virginia, was convicted on December 13, 2024, for providing material support to the Islamic State of Iraq and al-Sham (ISIS), which has been designated a terrorist organization by the United Nations and others. The charges stemmed from his actions between October 2019 and October 2022, during which he raised funds to assist female ISIS members in Syria. Guilty of Financing ISIS Operations In an official press release, the United States Department of Justice (DOJ) revealed that Chhipa’s efforts included financing the escape of women from prison camps and supporting ISIS fighters. He also collected funds through various online social media accounts, receiving electronic transfers, and physically gathering money by traveling long distances. The authorities revealed that Chhipa then converted the money into cryptocurrency, which was sent to Turkey and smuggled into Syria for use by ISIS. Chhipa’s primary accomplice was a British-born ISIS member in Syria who played a key role in the fund-raising efforts, including for terrorist activities. Over the course of the scheme, Chhipa sent over $185,000 in cryptocurrency to support ISIS operations. The jury convicted him on one charge of conspiracy to provide material support to a foreign terrorist group and four counts of providing such support. Chhipa now faces a maximum sentence of 20 years in prison for each count. A sentencing hearing is set for May 5, 2025, where a federal district court judge will determine the sentence based on US Sentencing Guidelines and other legal considerations. Crypto’s Role in Terrorist Fundraising Many experts have flagged that ISIS has been using crypto for fundraising. TRM Labs’ report from last August revealed that pro-ISIS networks in countries such as Tajikistan, Indonesia, Pakistan, and Afghanistan have raised significant funds using crypto assets like Tether (USDT) on the Tron network. One such campaign, which operated for over a year, raised nearly $2 million in USDT for ISIS affiliates in Afghanistan. TRM Labs also traced over $517,000 in 2022 sent from an Indonesia-based platform to pro-ISIS accounts. However, it is also important to note that industry experts such as Chainalysis have previously clarified misconceptions regarding the use of cryptocurrency in terrorism financing. While entities like Hamas and Hezbollah use crypto for fundraising, these transactions represent a minor fraction of illicit crypto activities. Chainalysis stresses that terrorism financing remains a small part of overall illicit crypto transactions, with traditional methods such as financial institutions and shell companies being the primary sources of funding. The firm also pointed out that blockchain transparency makes it difficult for terrorists to hide transactions, as seen when Hamas ceased accepting Bitcoin donations. The post ISIS Crypto Fundraiser Mohammed Chhipa Faces 20 Years After Conviction in Virginia appeared first on CryptoPotato .
Imagine Pokémon Go but with NFT ownership, token rewards, and social media integration—welcome to Infomon, a revolutionary Web3 game that brings AR to the blockchain. Quick Recap from OpenSeason Openseason by Fractional Uprising Studios combines third-person shooter action with Web3 technology. Released in Open Beta on January 5, 2024, via the Epic Games Store, it
Smartphone lending is reinventing lending in emerging markets. When payments are missed, the smartphones become temporarily unusable until payments resume.
What makes a cryptocurrency truly stand out in today’s highly competitive market? Is it the technological innovation, its market resilience, or the return potential for investors? As blockchain technology evolves, projects like Qubetics ($TICS) , Polkadot ($DOT), and Near Protocol ($NEAR) have emerged as top contenders for delivering transformative value to both their ecosystems and their investors. But among them, which project offers the best coins for massive return potential in 2024? Qubetics ($TICS): Redefining Convenience with Multichain Wallet Qubetics has quickly gained traction as a revolutionary blockchain project. Now in the 13th stage of its presale, Qubetics has sold over 367 million $TICS tokens, raising more than $7.5 million from 11,300+ holders. With its current price of $0.0342 per token , analysts predict extraordinary returns of up to 43,711.73% ROI if $TICS reaches $15 post-mainnet launch. An investment of $50,000 at this stage could potentially grow into over $21.8 million. A standout feature of Qubetics is its multichain wallet, a tool that exemplifies its commitment to solving real-world blockchain challenges. This wallet provides users with seamless access to multiple blockchain networks within a single interface, eliminating the complexity of managing assets across fragmented ecosystems. Consider a scenario where a business operates on both Ethereum and Binance Smart Chain. Traditionally, managing these assets would require separate wallets, creating inefficiency and security risks. With Qubetics’ multichain wallet, users can consolidate these operations into one platform, streamlining workflows and enhancing security. With such practical applications and a clear vision for the future, Qubetics positions itself as one of the best coins for massive return potential in 2024. Its unique features and exceptional growth prospects make it an unmissable opportunity for investors looking to capitalise on the blockchain revolution. Polkadot ($DOT): The Interoperability Powerhouse Polkadot is widely recognised as one of the most innovative blockchain projects, designed to address the need for interoperability across networks. Its unique architecture enables multiple blockchains, or “parachains,” to operate seamlessly while sharing security and governance features. This makes Polkadot a cornerstone for decentralised applications and cross-chain communication. Since its launch, Polkadot has established itself as a leader in the blockchain industry. $DOT, its native token, plays a critical role in governance, staking, and bonding for parachains. With an ever-expanding ecosystem, Polkadot has become the go-to choice for developers aiming to create scalable, interoperable applications. For investors, Polkadot represents a blend of stability and growth potential. Its ability to unify disparate blockchain networks positions it as a key player in the future of decentralised technology. Analysts frequently cite $DOT as one of the best coins for massive return potential, thanks to its consistent innovation and adoption. Moreover, Polkadot’s focus on sustainability and scalability makes it attractive to institutions and retail investors alike. Whether you’re looking to diversify your portfolio or invest in a long-term project, Polkadot offers a compelling case with its strong market fundamentals and future-ready technology. Near Protocol ($NEAR): Redefining Developer-Friendly Blockchain Near Protocol has carved out a niche as one of the most developer-friendly blockchains in the industry. Its focus on simplicity and scalability has attracted a growing community of developers, users, and investors. Built on a proof-of-stake mechanism, Near Protocol ensures energy efficiency while delivering high performance. $NEAR, the network’s native token, serves multiple functions, including transaction fees, staking, and governance. Near’s ability to support decentralised applications with user-friendly tools has positioned it as a favourite for developers creating solutions for mainstream adoption. One of Near’s most impressive features is its focus on sharding technology, which allows the network to scale dynamically as demand grows. This ensures low fees and fast transactions, even during periods of high network activity. For investors, Near Protocol offers a balanced risk-reward ratio. Its focus on usability and scalability ensures consistent growth, while its ecosystem expansion provides additional value. With strong fundamentals and a clear roadmap, $NEAR is undoubtedly one of the best coins for massive return potential in 2024. Conclusion: Best Coins for Massive Return Potential Qubetics, Polkadot, and Near Protocol each bring unique strengths to the table, making them standout projects in the crypto market. While Polkadot leads in interoperability and Near Protocol excels in user-centric scalability, Qubetics offers unparalleled innovation with its multichain wallet and extraordinary ROI potential. For investors seeking to maximise returns, Qubetics is a clear choice. Its presale momentum, innovative features, and robust growth projections make it a standout in the blockchain space. With $TICS priced at just $0.0342, the time to act is now. Secure your position in one of the most promising crypto projects today. For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics The post Best Coins for Massive Return Potential in 2024: Qubetics Surges Towards $15 as Near Protocol and Polkadot Lead the Charge appeared first on TheCoinrise.com .
Cardano's Hydra boosts ADA past $1, positioning it as a scalable dApp hub and a potential challenger to Ethereum's dominance. #partnercontent
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano’s Hydra boosts ADA past $1, positioning it as a scalable dApp hub and a potential challenger to Ethereum’s dominance. Table of Contents Cardano’s Hydra on track to elevate ADA to new heights Ethereum’s price drops to below $3,400 amid scalability concerns Discover the future of cross-border payments with Remittix Cardano ‘s Hydra is the latest scaling solution in Cardano’s ecosystem, and it has seen ADA’s price surge past $1. While ADA’s current rate represents a 65% dip from its peak, ADA holders are 90% bullish. Compared to Ethereum’s price, ADA is much cheaper, and the developments taking place in its ecosystem could potentially threaten Ethereum’s dominance. Cardano’s Hydra, for instance, can improve Cardano’s scalability, making it a go-to ecosystem for dApp development. Given Ethereum’s struggles to scale its network, including its move from a PoW to a PoS protocol, Cardano’s Hydra can soon help developers build speedy dApps with high rates of mass adoption. You might also like: Solana soars over 10,000% since 2020; this altcoin could match that growth in just 2025 Cardano’s Hydra on track to elevate ADA to new heights ADA’s current price at $0.91 is on a bullish trend that has seen ADA surge over 50% in the last 60 days. After ADA’s price languished around the $0.35 zone for months, whale activity is now rising in Cardano’s ecosystem, which has seen market watchers anticipate an additional uptick to $2 in the short term. According to reports, an influx of over 680 transactions exceeding $1 million was registered on Cardano’s ADA as confidence in ADA’s bull run grew. Cardano’s founder has also confirmed that ADA is primed for higher highs in 2025, especially with the launch of Cardano’s Hydra. Cardano’s Hydra is set to give developers a unique scaling tool that makes transactions on Cardano cheaper, faster, and more secure. With Ethereum as Cardano’s biggest competition, Cardano Hydra might trigger a migration of developers to Cardano in the near future. Ethereum’s price drops to below $3,400 amid scalability concerns Ethereum ‘s price has remained sluggish in responding to the bull market even though its recent uptick past $4,000. After surging to a striking distance of $5,000 in 2021, Ethereum’s price plummeted to lows of $1,000 but has recovered amid critical resistance at the $4,000 mark. Now, Ethereum’s price has been rejected above the $4,000 mark three times, and market watchers are less optimistic that the leading DeFi ecosystem could surge further to $5,000 – $6,00 during this bull run. Some of the obstacles that have hindered a rally on Ethereum’s price include Ethereum’s bloated network, which has registered skyrocketing network fees at peak congestion. With the advent of scalability solutions such as Cardano’s ADA, Ethereum’s price could experience further sluggish growth. What’s more, mass adoption by institutions will require a lot more liquidity to move Ethereum’s price. Discover the future of cross-border payments with Remittix Ethereum’s potential is fast declining this cycle and investors are looking at alternatives. However, competition from the likes of Cardano’s Hydra is concerning for ETH Holders. However, many ETH holders are switching to a new project leading a new ‘PayFi’ movement. For crypto enthusiasts who want to make swift crypto-to-fiat money payments across the globe, Remittix (RTX) is the latest solution that promises to empower businesses and crypto holders worldwide. Remittix is fast and reliable with a simple design that allows anyone to send crypto to a recipient’s bank account without the recipient ever knowing that the payment started with crypto. The Remittix Pay API also allows businesses to accept crypto payments with a simple merchant account. Remittix is built on Ethereum, and its RTX token is now in its presale. Analysts are predicting this to become a 100x star in 2025. To learn more about Remittix, visit the Remittix presale and join the Remittix community. Read more: Ethereum whales are accumulating Shiba Inu and Remittix – here’s why Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Blockstream founder Adam Back reassured the crypto community that the threat posed by quantum computers to Bitcoin’s security is still a few decades away, and he explained how Bitcoin is already equipped with mechanisms to address potential quantum-related risks in the future without the need for urgent changes. Adam Back is among the names claimed to be Satoshi Nakamoto. Quantum computers could theoretically break the cryptographic security that underpins Bitcoin and other cryptocurrencies, prompting concerns that BTC wallets could one day become vulnerable to hacking. Adam Back explained that Bitcoin is already “quantum-ready” thanks to Taproot, a technology implemented in Bitcoin in 2021. Taproot uses “leaf nodes” in its design that can hold placeholders for future advanced cryptographic technologies, including quantum-resistant (post-quantum or PQ) signatures. In simpler terms, Bitcoin’s current system is like a house built with extra empty rooms that can later be equipped with advanced security doors if needed. For now, these rooms are unused but ready for upgrades. Related News: El Salvador Announces New Bitcoin Step Despite IMF Warning Back cautioned that there should be no rush to enable quantum-resistant signature technology: The Threat is Decades Away: Quantum computing powerful enough to break Bitcoin's cryptography is still decades away from becoming a reality. Future Innovations: Cryptographic research is constantly advancing. When quantum computers become a real threat, more compact, efficient, and well-studied solutions for quantum-resistant signatures will likely become available. Bitcoin users can prepare for this without immediately enabling quantum-resistant cryptography. This includes: Future-proofing Wallets: Wallets can use new cryptographic formats compatible with future technologies while continuing to use the existing signature system (Schnorr signatures). Seamless Transition: If quantum computing becomes a real threat, Bitcoin can migrate to these quantum-resistant systems without major disruptions. These preparations should ease fears about quantum computing, Back says. In the possible scenario where quantum computing advances faster than expected, Bitcoin has a system in place to adapt. But that likely won’t happen for several decades, allowing researchers to develop and improve compact, efficient solutions in the meantime. *This is not investment advice. Continue Reading: Alleged Satoshi Nakamoto Candidate Responds to Claims that Quantum Computers Will Crack Bitcoin’s Password!
$WIF is down 34%, $OP is down 32%, $PEPE is down 28%, $SOL is down 20% in the last seven days, resulting in a very turbulent period and triggering questions about whether an altcoin season will even happen. As investors navigate this challenging landscape, it’s essential to examine the factors contributing to these declines and to identify any potential opportunities amidst the chaos. Biggest Losers in the Last 7 Days The biggest losers among altcoins over the past week were: • $WIF: With a loss of 34%, it thus becomes a prime example of why we should always be careful with altcoins in general.• $OP: Down by 32%, its continued decline — is the optimistically-themed Optimism in name only now? • $PEPE: Down 28% for the week, the meme coin that has been taking us all by storm — Pepe ($PEPE) — seems to have suffered a time-out together with all those other manias. • $RENDER: The render token Render ($RENDER) saw its value go down by 25%. This is another example of how even utility-driven coins can face setbacks. • $SOL: After rising to great heights, Solana ($SOL) is now 20% less than it was a week ago. Even the top-tier altcoins are struggling. These declines highlight the many problems that exist in the altcoin market — some contribute to it, others reflect wider economic trends. Half a dominion others believe the downturn began in part due to an exodus from stocks on profit-taking hopes. Will Altcoin Season Even Happen? Historically, Q4 — and December in particular — has always been a bountiful harvest time for those in cryptocurrency markets. But this year defies all the rules: altcoin markets seem to have lost momentum as they struggle for a footing. Therefore, when a seasonal rally fails to appear, worries quickly arise. People who have long awaited such time are now anxious to know, indeed wonder if ever there will be an altcoin season. However, there is cause for hope. Coins like Altura ($ALU) Project all carry the prospectus of a renaissance in Q1 of 2025 or thereafter. By using remarkable technology and carving out a unique place in the market, these coins may lead an about-face to current trends and open up opportunity for next-stage growth. They may yet be a beacon of optimism. Altura ($ALU): A Beacon of Stability Amidst the turbulence, Altura ($ALU) has emerged as one of the most stable and promising AI-integrated cryptocurrencies. Unlike many of its counterparts, Altura has managed to maintain relative stability, drawing the attention of savvy investors. What Makes Altura Stand Out? 1. Machine Learning: The Altura ecosystem makes extensive use of artificial intelligence, especially for its smart NFTs. Altura has already given use cases to their AI-infused NFTs that update based on user interaction and real-world data.2. Humongous Market Cap Potential: As a relatively small market cap that pales in comparison to the other AI and NFT-themed projects we cover, it is a great source of potential. This makes it a prime candidate for upside potential.3. Community and Developer Support: Altura's active developer community and loyal user base have enabled it to withstand market fluctuations, demonstrating its resilience. Bullish Outlook for Q1 2025 Now, if we take a glance at the future, Scripts are super optimistic over Altura ($ALU) for Q1 2025. If you take into account the fact that Altura's market cap is now under $100 million, this is a unique opportunity for a dramatic increase. If it matches its lofty vision, then it can realistically reach a 500M+, 1B+ market cap and 10x+ returns for early-stage investors. • Increasing Demand for AI-Powered NFTs: Altura’s novel application of AI to drive smart NFTs places it in position to capitalize on an emerging trend. The paradigm is shifting from static assets to dynamic, AI-driven tools, and Altura is right there at the forefront.• Strategic Partnerships and Ecosystem Expansion: Altura is actively pursuing strategic partnerships that contribute to its utility and promote ecosystem development. These partnerships will lead to more adoption and would further cement it as a leader within the AI and NFT sectors. Market Recovery Potential: As the broader cryptocurrency market recovers, Altura's unique value proposition and relatively low market cap can make it an enticing investment for those seeking high-growth opportunities. Analysts are already predicting that we could see the start of an early-phase bull run for Altura in Q1 of 2025, with increasing interest in AI teleportation in the broader blockchain arena. With innovative technology, community involvement, and scalability, Altura remains a top-tier project within the space. A low entry point with high potential growth makes it one of the hottest opportunities for 2025. Conclusion: Altura ($ALU) – A Stable Choice in Uncertain Times While the altcoin market struggles to regain its footing, Altura ($ALU) stands out as a beacon of stability and potential. Its innovative approach to AI and NFTs, combined with a supportive community and strategic vision, makes it a compelling investment for those looking ahead to Q1 2025 and beyond. Investors seeking opportunities in the crypto market should keep a close eye on Altura, as it continues to defy the broader market trends and position itself for an “insane rise” in the coming months. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.