Global Archives - Page 4 of 4

New XRP Competitors: Rexas Finance (RXS) and Remittix (RTX) Raise Millions in Record Time

Clarus VoxMarch 4, 2025March 5, 202504 mins

In the fast-paced world of cryptocurrency, two emerging projects—Rexas Finance (RXS) and Remittix (RTX)—are making headlines as potential challengers to established players like XRP. Both platforms have secured millions in recent funding rounds, reflecting increasing investor confidence in innovative digital asset solutions. Rexas Finance (RXS): Pioneering Asset Tokenisation Rexas Finance recently raised over $5 million…

Lazarus Group Launders $1.39 Billion Stolen from Bybit; Exchange Launches LazarusBounty.com

Clarus VoxMarch 4, 2025March 4, 202503 mins

In a significant development within the cryptocurrency sector, North Korea’s Lazarus Group has reportedly laundered approximately $1.39 billion worth of Ethereum (ETH) stolen from the Bybit exchange. The laundering process, involving 499,000 ETH, was completed in just 10 days, highlighting the group’s sophisticated operational capabilities. On-chain analyst EmberCN has been closely monitoring the movement of…

Illegal Crypto ATM Operator in the UK Sentenced to Four Years in Prison

Clarus VoxMarch 4, 2025March 5, 202504 mins

A UK court has sentenced Olumide Osunkoya, the operator of an illegal crypto ATM network, to four years in prison. This case marks the first time someone in the UK has been convicted for operating a crypto ATM without official authorisation. Illegal Operations and Modus Operandi Osunkoya, through his company GidiPlus Ltd, operated at least…

Bitcoin Market Dip

Clarus VoxMarch 4, 2025March 4, 202503 mins

Bitcoin’s value experienced a significant decline on Monday, falling nearly 10 percent amid escalating global trade tensions and uncertainty surrounding the proposed US Crypto Strategic Reserve. The cryptocurrency dropped to $85,321.69, erasing gains from earlier in the week. Market optimism initially surged following an announcement by President Donald Trump outlining plans to establish a US…

Cryptocurrency Market Cap Surges by $220 Billion in 24 Hours

Clarus VoxMarch 3, 202503 mins

In a remarkable turn of events, the cryptocurrency market capitalisation has surged by over $220 billion within the past 24 hours, surpassing the total market value of McDonald’s. This substantial increase indicates a strong bullish trend and heightened trading activity within the market. The surge commenced at 10:00 AM UTC on 1 March 2025 and…

Crypto Market Surges as U.S. Announces Strategic Cryptocurrency Reserve

Clarus VoxMarch 3, 2025March 3, 202504 mins

In a bold move that has sent shockwaves through the financial world, U.S. President Donald Trump announced the creation of a U.S. strategic cryptocurrency reserve on 2 March 2025. This initiative aims to position the United States as a leader in the global digital asset landscape, marking a significant policy shift towards embracing cryptocurrencies. The…