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Introducing the First Real-Time Strategy Mobile Game with Memes Heroes and $RISE Token Presale Launch
On December 30th, 2024, the global gaming industry witnessed a significant shift with the introduction of The Rise of Memes ($RISE), a groundbreaking play-to-earn (P2E) real-time strategy mobile game based in Tokyo, Japan. This innovative game not only taps into the growing popularity of blockchain technology but also seamlessly integrates meme culture with strategic gameplay,…
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Grayscale Introduces AI Launchpads and Solana DeFi Apps Among Top Tokens for Q1 2025
The asset manager has recently announced the addition of four new tokens to its prestigious list of the top 20 tokens to watch in the ever-evolving cryptocurrency market. These tokens are HYPE, VIRTUAL, ENA, and JITO. This decision reflects the asset manager’s continued dedication to staying at the forefront of emerging trends and identifying potentially…
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Crypto All-Stars Presale Exceeds $18 Million with 4 Days Remaining: Could This Be the Next Meme Coin to Skyrocket?
Crypto All-Stars, a pioneering staking platform tailored for meme coins, has successfully generated over $18 million in funding during its presale phase. As the presale countdown enters its final four days, there has been a noticeable surge in interest among investors seeking to acquire Crypto All-Stars’ native tokens, $STARS, in anticipation of their imminent listing…
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David Schwartz, Ripple’s CTO, Advises Caution on RLUSD FOMO During Launch Speculation
Ripple, a global leader in blockchain and digital asset technology, recently announced a significant development in its strategy to broaden the utility and reach of its native digital asset, XRP, by revealing plans to issue a new stablecoin called RLUSD on the XRP Ledger (XRPL) as well as on the Ethereum blockchains. This move represents…
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Enhancing E-Commerce with ECM Coin’s Blockchain Transparency and Androverse Integration
Kingstown, St. Vincent and the Grenadines, December 16th, 2024 – In a rapidly evolving digital landscape, the use of blockchain technology has emerged as a groundbreaking solution to enhance transparency, security, and efficiency in various sectors, particularly in e-commerce. One notable player in this field is ECM Coin, a pioneering initiative that has harnessed the…
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Important Update on Binance Trading Involving PNUT (Peanut the Squirrel) and Other Meme Coins: What You Need to Know
Binance, one of the leading cryptocurrency exchanges in the world, has recently announced an upcoming update that is set to have a significant impact on the traders of six altcoins. This development has generated a considerable amount of buzz and speculation within the cryptocurrency community, as traders brace themselves for potential price shifts and market…
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Introducing Pepeto’s New Advanced Features for Memecoin Fans
PRESS RELEASE – London, United Kingdom, December 15th, 2024 Pepeto, a cutting-edge cryptocurrency project, is making waves in the digital asset space with its ongoing presale phase offering its tokens at an attractive price of $0.000000098 per token. The distinctive features of Pepeto include a zero-fee cross-chain bridge, a specialized exchange designed for the emerging…
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Crypto Institutional Trends Expected to Surge in 2025 – Insights by Nansen
In the upcoming year, the cryptocurrency market is poised to experience significant growth as institutional investors increasingly turn their attention to this evolving asset class. The heightened interest from institutions can be attributed to several factors, including the potential for substantial returns, diversification benefits, and the growing recognition of cryptocurrencies as a legitimate investment option.…
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Continued Inflow Surge for Bitcoin and Ethereum ETFs: Weekly Recap
On November 26, the BTC ETFs closed in the red for the last trading day. This development sparked interest and concern among investors and analysts in the cryptocurrency market. The BTC ETFs, which track the performance of Bitcoin, have been experiencing volatility in recent trading sessions. This article delves into the factors that may have…
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Tomarket Collaborates with Aptos Foundation to Introduce $TOMA Token and Develop Next-Generation Products on Aptos Platform
Victoria, Seychelles, December 14th, 2024 – Tomarket, a revolutionary Telegram mini-application that serves as a bridge between Web2 and Web3, has officially announced its launch on the Aptos blockchain – a secure, scalable, and feature-rich Layer-1 blockchain network. This strategic integration between Tomarket’s extensive user base and Aptos’s cutting-edge technology marks a significant milestone in…
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Can Ripple’s (XRP) Market Cap Reach $1 Trillion This Cycle?
As a financial analyst, it is crucial to understand the factors impacting the price movements of various assets, including XRP. In recent times, there has been speculation about the potential price surge of XRP, with some predicting that it would need to reach approximately $17.5 to signify a significant increase in value. To comprehensively analyze…
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Improving Ecosystem Accessibility: Parex Network’s Verification and Integration Upgrades
Parex Network, a Layer 1 blockchain based in Tokyo, Japan, has been making strides to enhance the accessibility of user-friendly Web3 experiences for a wider audience. With recent developments that have bolstered the network’s visibility, reliability, and overall usability, Parex is paving the way for the expansion and evolution of the Parex ecosystem. One of…
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Analyzing Ripple Price Movement: Predicting XRP’s Direction After Significant Drop and Quick Recovery
Ripple (XRP) has demonstrated significant strength in recent market activity, surpassing a key resistance level of $2 and exhibiting strong bullish momentum as it approaches its all-time high of $3.4. This price point holds critical importance, as a successful breakout above it has the potential to fuel a substantial rally towards unprecedented levels. In this…
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What Insights Can We Gain from MDIA about the Future Trends of XRP, DOGE, and BTC?
In recent months, cryptocurrency markets have experienced a significant degree of volatility, leading to fluctuations in the prices of various digital assets. Among the cryptocurrencies that have generated considerable interest are Dogecoin, XRP, and Bitcoin. These three digital assets have demonstrated trends indicative of Market Data-Implied Attractiveness (MDIA), suggesting the potential for a bullish market…
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Aptos Foundation Establishes Presence in Abu Dhabi, Strengthening Global Outreach
PRESS RELEASE – Palo Alto, United States, December 11th, 2024 The United Arab Emirates (UAE) has emerged as a gateway to innovative, high-growth opportunities for developers, institutions, and investors worldwide. Aptos Foundation, a prominent global leader in blockchain technology dedicated to fostering the growth of the Aptos ecosystem and Web3 on a global scale, is…
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Pepeto ICO Reaches $2 Million Milestone with Strong Backing from Community
[FINANCIAL ANALYSIS – London, United Kingdom, December 10th, 2024] Pepeto: A Game-Changer in Memecoin Development and Adoption In the dynamic and rapidly evolving world of cryptocurrencies, Pepeto has emerged as a pioneering platform that is reshaping the landscape of memecoin development and adoption. Offering a unique blend of engaging narrative and practical utility, Pepeto has…
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DNA and Chintai Collaborate to Introduce DNA Deal Desk, an On-Chain Investment Platform
PRESS RELEASE – British Virgin Islands, British Virgin Islands, December 10th, 2024 Chintai is excited to introduce the DNA Deal Desk, a sophisticated investment platform created by DNA Holdings Venture Inc (DNA) on Chintai’s Layer 1 blockchain. This revolutionary platform aims to bridge high-net-worth individuals with a meticulously curated selection of leading web3, AI, and…
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Shiro Neko Reaches $1 Billion Market Cap in Just One Day
Shiro Neko, a newly launched memecoin under the ticker symbol $SHIRO, has achieved a remarkable feat by reaching a market capitalization of $1 billion on its inaugural day of trading. This accomplishment marks a historic milestone in the memecoin market and sets a new benchmark for aspiring projects looking to make a splash in the…
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What Caused Ripple’s (XRP) Price to Drop 17% Today?
The financial markets experienced a widespread downward trend today, with numerous assets registering losses across various sectors. Among the notable performers was XRP, which suffered a significant decline in value. While it is not uncommon for assets to exhibit volatility in the markets, the extent of XRP’s decline has raised concerns and prompted analysts to…
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Meme Coins BONK, FLOKI, WIF, SHIB, and DOGE Experience Double-Digit Crashes
In recent times, the cryptocurrency market has seen significant fluctuations in the value of digital assets, especially among the larger-cap altcoins. Despite the overall volatile nature of cryptocurrencies, many larger-cap altcoins have experienced substantial losses. However, it is noteworthy that meme coins have emerged as the frontrunners in terms of leading the pack in this…
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Mog Coin Surpasses Popcat Market Cap – Is Catslap Meme Coin the Next Big Craze?
In recent developments within the cryptocurrency market, there has been a notable shift as Mog Coin has emerged as a strong contender, overtaking Popcat in market capitalization rankings. This shift has sparked renewed interest among investors, drawing attention to other cat-themed meme coins such as Catslap. The dynamic nature of the cryptocurrency space has once…
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Bitcoin Price Drops as Some Investors Shift to $BEST Token Initial Coin Offering (ICO)
Over the past 24 hours, the cryptocurrency market, led by Bitcoin, has experienced a downturn, marked by a significant 3% decrease in its value. This sudden decline has triggered widespread uncertainty among investors and traders who have been enjoying weeks of consistent growth and record highs across various digital assets. The current cooling off in…
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Crypto.com Partners With Deutsche Bank in Germany to Provide Banking Services
In the realm of digital assets, Crypto.com has positioned itself as a prominent player through its focus on enhancing services beyond traditional digital asset trading. Looking ahead to the future, the exchange has outlined strategic plans to expand its offerings further, with notable intentions to introduce card services and delve deeper into the realm of…
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“SEC Commissioner Hester Peirce Advocates for Crypto Reforms During Trump’s SEC Tenure”
While the cryptocurrency market continues to gain mainstream attention and acceptance, it has also been subjected to regulatory challenges that threaten its growth and stability. One such challenge is the emergence of practices like “Operation Chokepoint 2.0,” which have raised concerns among industry stakeholders and critics alike. In response to these challenges, SEC Commissioner Hester…
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Decreased Profitability in Toncoin (TON) Wallet Amid Rising Market Volatility
Recent market fluctuations in the cryptocurrency sector have had a notable impact on the profitability of Toncoin wallets, with a concerning trend emerging where approximately 25% of wallets are currently experiencing losses. As a financial analyst closely monitoring these developments, it is essential to delve deeper into the factors contributing to this decline and consider…
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SIGMA: The #1 Most Bullish Powerful Meme Coin of Cycle
In the ever-evolving landscape of cryptocurrencies, meme coins have carved out a unique niche, blending internet culture with digital finance. Among these, SIGMA stands out as a compelling case of a meme-based cryptocurrency that, despite its massive online presence, remains undervalued. Here’s why SIGMA is poised for a breakthrough. Understanding SIGMA: Beyond the Meme SIGMA…
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Bitcoin and Dogecoin Prices Drop, While Flockerz Presale Surpasses $5 Million Mark
The cryptocurrency market experienced a slight downturn today, characterized by Bitcoin’s price dipping to $98,800 and Dogecoin losing 6% of its value. However, amid these fluctuations, a new meme coin, Flockerz, has managed to buck the trend and exhibit strong performance. Notably, Flockerz has demonstrated resilience in the face of market volatility by successfully raising…
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Circle CEO Suggests US is Poised to Become Leading Force in Crypto
Amidst a rapidly evolving global financial landscape, the United States finds itself on the cusp of a significant transformation in the realm of cryptocurrency. Jeremy Allaire, the esteemed CEO of stablecoin issuer Circle, recently articulated his thoughts on the prevailing scenario in a thought-provoking post. Allaire posited that the U.S. is teetering on a “turning…
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Polymarket Drives Crypto Industry’s $1.2 Billion in Election Involvement, Political Donations Increase by Over 10 Times
The recent report published by Breadcrumbs has shed light on the significant financial impact of the crypto industry on the 2024 US presidential election, with total monetary involvement exceeding $1.2 billion. This unprecedented level of engagement underscores the increasing influence of the crypto sector in shaping the political landscape and underscores the evolving nature of…
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Speed Bump Slows Growth in Bitcoin Short-Term Holder Realized Price
Bitcoin Short-Term Holder Realized Price Growth Faces Temporary Obstacle In the fast-paced world of cryptocurrency markets, the realization of Bitcoin prices plays a crucial role in understanding the underlying dynamics of valuation. The observed Bitcoin price serves as a reliable indicator of the average on-chain acquisition cost, offering a comprehensive snapshot of the market’s valuation…
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Bitcoin ‘Cash’ Open Interest Surges Thanks to CME
Recent data analysis signifies a significant surge in Bitcoin open interest, reaching 500,000 BTC, notwithstanding a minor decline of approximately 10,000 BTC during the most recent market downturn from its peak levels. The data, as reported by Coinglass, demonstrates a remarkable 25% increase in total open interest since the beginning of March, showcasing substantial participation…
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The Impact of Stablecoins on the Recent Increase in Bitcoin’s Value
The Stablecoin Supply Ratio (SSR) has emerged as a prominent metric in the realm of cryptocurrency analysis, particularly in understanding the price dynamics of Bitcoin. Developed by Glassnode, the SSR is a ratio that compares the supply of Bitcoin to the supply of stablecoins denominated in BTC. This metric provides valuable insights into the relationship…
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TRON DAO to Showcase at ETH Denver and Host TRON Builder Tour Stop in Denver
On March 4, 2024, the TRON DAO team, a key player in the blockchain industry, participated in ETH Denver, a prominent event that serves as a gathering ground for blockchain enthusiasts and professionals alike. This marked a significant moment in the TRON ecosystem as it showcased its innovative approach to blockchain technology and further solidified…
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Avail, a new venture launched by Polygon, secures $27 million in seed funding to develop Web3 infrastructure
Avail, a blockchain infrastructure project, has recently completed a significant milestone by securing $27 million in its seed funding round. This round was led by prominent venture capital firms Founders Fund and Dragonfly, a testament to the confidence that key industry players have in Avail’s vision and potential. The fundraising efforts were disclosed in a…
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MicroStrategy Stock (MSTR) Surges 10% as Company Acquires $155 Million in Bitcoin Over 10 Days
MicroStrategy, a prominent business intelligence and Bitcoin development firm, recently made headlines by significantly increasing its Bitcoin reserves. In just ten days, the company added 3,000 BTC to its holdings, a move that amounted to approximately $155 million. This strategic purchase brings MicroStrategy’s total Bitcoin holdings to an impressive 193,000 BTC, which were acquired at…
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Coinbase Assures Extensive Preparation for Spot Bitcoin ETF in Custodial Arm
Coinbase Custody Ensures Preparedness for Spot Bitcoin ETFs In anticipation of the impending approval of spot Bitcoin Exchange-Traded Funds (ETFs), Coinbase Custody has reportedly made significant adjustments. According to Bloomberg’s report on December 29th, a Coinbase representative stated that the company has extensively prepared for ETF approval by reinforcing its systems to handle the anticipated…
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CZ’s Request to Travel to the UAE Denied by Judge
A U.S. District Court has once again denied Binance founder Changpeng ‘CZ’ Zhao’s request to travel internationally in a sealed order, according to a report by Bloomberg News. This latest development comes amidst CZ’s ongoing legal battle in the U.S. where he is facing criminal charges. CZ had submitted a motion seeking permission to travel…
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Bitwise Unveils $200 Million Seed Fund for Bitcoin ETF in Updated S-1 Filing
Bitwise, a leading provider of cryptocurrency investment solutions, has made an updated filing with the Securities and Exchange Commission (SEC) regarding its spot Bitcoin exchange-traded fund (ETF). The filing reveals plans for a significant $200 million seed investment for the ETF, positioning Bitwise as a major player in the cryptocurrency investment market. This $200 million…
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Surge in Earnings for Miners through Inscriptions
The Bitcoin Mining Industry Experiences a Notable Shift in Revenue Structure The Bitcoin mining industry has recently undergone a significant change in its revenue structure, signaling a potential shift away from the traditional ways miners generate income. An analysis by CryptoSlate indicates a marked increase in the fees earned by miners from processing transactions, surpassing…
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zkSync Era Experiences 4-Hour Downtime Caused by Server Bug
Ethereum layer-2 network zkSync’s Era experienced a temporary halt in block production today but has since resumed full operation. The disruption, caused by a bug and lasting over four hours, was initially detected on December 25th, as confirmed by the developers in a post on a platform known as X. This incident triggered an automated…
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Investors withdraw Bitcoin from exchanges in December
Exchange balance data plays a critical role in analyzing investor behavior and is an essential metric in cryptocurrency trading. This data provides valuable insights into whether investors are more inclined to store their Bitcoin holdings off-exchange, which can indicate a bullish sentiment, or to keep them on exchanges for potential sale or trade, often seen…
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Solana Outperforms Bitcoin and Ethereum with Record Trading Volume Over the Weekend
Solana Surpasses Bitcoin and Ethereum in Weekend Trading Volume Cryptocurrency traders have shown a significant level of interest in Solana, with its trading volume surpassing that of Bitcoin and Ethereum on major centralized exchanges over the weekend. This notable achievement was first brought to attention by Conor Grogan, a director at Coinbase, on December 24.…
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“Bitcoin, Ethereum, and EigenLayer: Three Acts of the Crypto Landscape”
Bitcoin, Ethereum, and EigenLayer – A Play in Three Acts The following is a guest post from John deVadoss, the Co-founder of InterWork Alliance. Act One: From a Crisis, A New Institution Emerges On July 30, 2008, the United States Housing and Economic Recovery Act, intended to address the subprime mortgage crisis (which had precipitated…
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Surge in Bitcoin Mining Difficulty Achieves Record High of Over 6%
Bitcoin Mining Difficulty Surges to All-Time High, Reflecting Increased Mining Activities and Technological Advancements The Bitcoin network recently experienced a significant surge in mining difficulty, reaching a new record high by surpassing 72 trillion at block height 822,528. This remarkable increase of 6.98% from its previous level is indicative of a global acceleration in mining…
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Nigeria lifts longstanding restrictions on cryptocurrency transactions
The Central Bank of Nigeria (CBN) made a noteworthy about-face in its position on cryptocurrency transactions in the country, effectively lifting the ban that had been in place. The announcement, which was made on December 22 through a circular, permits Nigerian banks and other financial institutions to resume their operations with cryptocurrency service providers. This…
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Ethereum’s Dencun Upgrade Scheduled for Testnet Launch in 2024
Ethereum’s Dencun Upgrade Scheduled for 2024 Testnet Launch In recent developments, Ethereum developers have tentatively chosen January 17, 2024, as the date for the first testnet deployment of the highly-anticipated “Dencun” upgrade. This decision was made during the latest bi-weekly dev meeting on December 21. Originally intended for release in the last quarter of 2023,…
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Mastercard Supports Fideum Group’s Vision of Combining Cryptocurrency and Traditional Finance
Fintech company Fideum Group recently announced a strategic collaboration with traditional payment giant Mastercard, aiming to integrate digital assets into everyday financial activities. This partnership has the potential to revolutionize the financial industry by merging the capabilities of cryptocurrency with traditional finance. In an exclusive interview with CryptoSlate, Fideum Group’s CEO, Anastasija Plotnikova, shed light…
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El Salvador Tempts Bitcoin Investors with Citizenship Incentive
El Salvador has passed a law offering citizenship to individuals who donate Bitcoin, according to a Reuters report on December 21. The country’s unicameral legislature approved the law in a vote held on December 20, and it is expected to come into effect in the near future. This legislation aims to streamline the process of…
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SEC Engages in Fresh Discussions with BlackRock and Grayscale Regarding Ongoing Bitcoin ETF Negotiations
The U.S. Securities and Exchange Commission (SEC) has recently held meetings with two prominent financial firms, Grayscale and BlackRock, as part of its ongoing review process for Bitcoin exchange-traded fund (ETF) applications. The meetings, which took place on December 19, 2023, are significant in the context of the continuous discussions surrounding the possibility of approving…
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Ripple Receives VASP License from Ireland, Expanding European Reach
The Central Bank of Ireland (CBI) recently announced that it has granted a license to Ripple’s Irish subsidiary, Ripple Markets Ireland Limited. This license designates Ripple as a registered Virtual Asset Service Provider (VASP). The move by the CBI is significant as it helps to solidify Ripple’s presence in Europe and marks an important milestone…
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Appeals Court in Montenegro Reverses Extradition Decision for Do Kwon
The Montenegro Court of Appeal has recently made a significant decision regarding the extradition of Do Kwon, the co-founder of Terraform Labs. In a ruling on December 19, the court overturned the earlier decision made by the Podgorica High Court to extradite Kwon. This development, which was announced on the court’s official website, marks a…
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SOL/ETH ratio demonstrates Solana’s resilient momentum against Ethereum
Solana, a Layer-1 (L1) blockchain platform, is emerging as a formidable competitor to Ethereum, the reigning giant in the blockchain industry. With its growing user base and increasing market capitalization, Solana’s position in the market deserves closer examination. One important metric that can shed light on Solana’s standing is the SOL/ETH ratio, which compares the…
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UK Treasury Introduces Guidelines for Advancing Digital Asset Innovation in Sandbox Environment
UK Treasury Introduces Sandbox Regulations for Digital Asset Innovation In an effort to foster innovation and overcome regulatory obstacles, the UK Treasury has presented the Digital Securities Sandbox (DSS) regulations to parliament. This significant development, announced on December 18th, aims to establish a controlled environment for companies and regulators to test new technology within financial…
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FT Reports: Galaxy Digital Sets Sights on Distressed Crypto Firm Assets
Financial Analyst Report: Galaxy Digital Expands Asset Acquisition into Distressed Crypto Market Introduction: Galaxy Digital, a leading digital asset management firm, has recently reported exponential asset growth, resulting from its successful liquidation deal with FTX. This expansion has led Galaxy Digital to explore further acquisition opportunities in the distressed digital asset market. In line with…
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SEC Releases Comment Notices for Grayscale, Hashdex, and Pando Cryptocurrency ETFs
The U.S. Securities and Exchange Commission (SEC) has recently taken further actions concerning three proposed cryptocurrency exchange-traded funds (ETFs), which has resulted in a delay in their approval. The SEC announced these actions in notices published on December 18. The proceedings involve NYSE Arca’s proposed rule change for Grayscale’s Ethereum Futures Trust ETF, as well…
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Ordinals secures $4.2M for Bitcoin OrdFi innovation and expansion with support from Tap Protocol
Tap Protocol, a German company behind the Tap Protocol platform, has successfully raised $4.2 million in a recent funding round led by Sora Ventures. The investment will play a crucial role in further establishing Tap Protocol’s position within the Bitcoin ecosystem. Notably, this funding round attracted contributions from several venture capital firms and angel investors,…
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What does the future hold for crypto and Bitcoin with the emergence of CBDCs?
The Rise of Central Bank Digital Currencies (CBDCs): Implications for Cryptocurrency and Bitcoin Introduction Central Bank Digital Currencies (CBDCs) have been gaining significant attention in the financial world, with many central banks exploring the potential benefits and risks associated with their implementation. This article examines the rise of CBDCs and their potential impact on the…
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Tether Freezes $435 Million USDT for U.S. Department of Justice, Federal Bureau of Investigation, and Secret Service
Tether, the world’s largest stablecoin issuer, has reportedly frozen 326 wallets containing $435 million worth of its cryptocurrency, USDT. The decision was made to aid law enforcement authorities, including the U.S. Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. The freezing of these assets signifies Tether’s commitment to supporting…
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Potential Collective Losses in the Millions Await FTX Creditors Due to New Reorganization Proposal
FTX Debtors, the defunct crypto exchange, recently submitted an amended Chapter 11 reorganization plan on December 16th. This plan could potentially result in significant losses for the exchange’s creditors, amounting to millions of dollars. The proposal suggests that the creditors’ claims should be valued based on crypto prices on November 11, 2022 – the day…
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Parallel takes home three awards at Gam3 Awards, including Game of the Year
Parallel Emerges as the Big Winner at the Gam3 Awards, Dominating with Triple Wins including Game of the Year The annual Gam3 Awards concluded its second edition with Parallel emerging as the major winner, sweeping top honors in multiple categories. The game’s outstanding performance earned it accolades in the Best Strategy Game, Best Card Game,…
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Bitcoin’s turbulent year reflected in gains and losses
Over the past year, the digital asset market has experienced significant activity, which is evident when analyzing the available data. One notable metric that highlights this activity is the rolling yearly sum of realized profits. Realized profits occur when a digital coin is sold at a price that exceeds its original acquisition price. In the…
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Korean Central Bank Governor Calls for CBDC Development to Combat Stablecoin Competition
Bank of Korea Governor Chang-yong Rhee recently expressed concerns about the increasing popularity of stablecoins and the potential threats they pose to the traditional roles of central bank money and the effectiveness of monetary policies. Speaking at a conference on digital money in Seoul on December 15, Rhee emphasized the need for central banks to…
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Polygon shifts focus from Edge to Polygon CDK, discontinuing development on Edge
Polygon Labs, a prominent blockchain technology company, recently made an important announcement on December 15th. The company proclaimed that it had decided to discontinue its contributions to Polygon Edge, a widely-utilized platform for various blockchain projects. This strategic move by Polygon Labs represents a significant shift in focus towards an alternative solution known as Polygon…
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DAO Assumes Control, Achieving Full Decentralization of Ethereum Name Service
Ethereum Name Service (ENS) has achieved decentralized governance, a significant milestone in the project’s development. The ENS serves as a naming system for the Ethereum blockchain, enabling users to assign human-readable names to various resources such as crypto wallets and websites. Previously, the management of the project’s root node was centralized and controlled by members…
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BlackRock gives sneak peek of AI co-pilot; participates in important SEC meeting about immediate Bitcoin ETF
This week, BlackRock, the world’s largest asset manager, has made notable progress in its artificial intelligence (AI) and Bitcoin ETF initiatives as it approaches the end of the year. An article published by Pensions & Investments on December 14 reported that BlackRock has unveiled an AI tool, referred to as a “copilot,” in a private…
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Coinbase Prepares for New Lawsuit as Two SEC Commissioners Dissent Following Denial of Petition
Coinbase, one of the leading cryptocurrency exchanges, is reportedly preparing to take legal action against the U.S. Securities and Exchange Commission (SEC) over allegations that the regulatory body has evaded its responsibilities. This move comes in response to the SEC’s refusal to grant Coinbase’s request for the establishment of specific regulatory rules for cryptocurrency transactions,…
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Arbitrum experiences 2-hour service disruption following notable increase in website visitors
Arbitrum, Ethereum’s layer 2 scaling solution, experienced a significant disruption on December 15, 2023, as a result of an overwhelming surge in network traffic. This surge led to a partial outage that lasted for approximately two hours. The incident primarily affected the Arbitrum One Sequencer and Feed, which encountered stalls. The increased network traffic and…
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Stablecoins lag behind Bitcoin in market cap growth
Bitcoin Outpaces Stablecoins in Market Cap Growth By [Your Name], Financial Analyst Introduction In the rapidly evolving world of cryptocurrencies, understanding market behavior and trends is crucial for investors and analysts alike. This year, the Stablecoin Supply Ratio (SSR) has emerged as a significant indicator, providing valuable insights into Bitcoin’s market behavior. The SSR, calculated…
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SEC rejects Coinbase’s request for updated regulations on cryptocurrency assets
On December 15, the U.S. Securities and Exchange Commission (SEC) made an important decision regarding the cryptocurrency exchange Coinbase’s request for the development of new rules for digital asset securities. In a response letter to Coinbase, the SEC stated that it deemed the requested rulemaking to be currently unwarranted and subsequently denied the petition. Coinbase’s…
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KuCoin’s Bitcoin funding rate surges to 22%, indicating optimistic outlook
The funding rates of Bitcoin (BTC) on various digital asset exchanges are providing valuable insights into market sentiment, as depicted in the accompanying graph. The graph represents a 7-day moving average annual percentage yield (APY) and highlights KuCoin’s remarkably high funding rate of 22% APY. According to reputable source The Block, this positive figure suggests…
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Enhanced Custody and Valuation Rules in Valkyrie’s Updated Bitcoin ETF Filing
Valkyrie Investments has taken a significant step towards gaining regulatory approval for its Valkyrie Bitcoin Fund, as it recently submitted an amended Form S-1 to the Securities and Exchange Commission (SEC). This filing provides more detailed guidelines concerning custody, valuation, seed investments, and risks associated with the cryptocurrency investment vehicle. As the company eagerly awaits…
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First Smart Contract Fraud Conviction: Hacker Admits Guilt in $12M Solana DeFi Hacks
Shakeeb Ahmed, a security engineer who successfully exploited two Solana DeFi apps, has recently pleaded guilty to his actions, as announced by Damian Williams, the United States Attorney for the Southern District of New York (SDNY), on December 14th. This guilty plea marks the first-ever conviction of smart contract fraud, involving a staggering $12 million…
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SEC Chairman Gary Gensler recognizes shift in approach to Bitcoin ETFs following Grayscale ruling
Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), recently discussed the pending spot Bitcoin ETF applications during an interview with CNBC. When asked about the likelihood of these applications being approved, Gensler mentioned that there are currently between eight and twelve filings for spot Bitcoin ETFs under consideration. This statement by…
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Bitcoin’s Lucrative Supply Approaching Cycle Peak, Potentially Foreshadowing Market Correction
Analyzing the Supply Dynamics of Bitcoin: A Precursor to a Market Correction? Bitcoin has remained a prominent topic in the financial world as its value continues to skyrocket. Recently, an interesting phenomenon has emerged in the supply dynamics of Bitcoin that could potentially serve as a precursor to a market correction. By delving into the…
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Worldcoin seeks widespread use by partnering with Shopify, Minecraft, and Reddit
Worldcoin, a cryptocurrency project co-founded by Sam Altman, recently made headlines by announcing its integration with several prominent online platforms. According to a report by TechCrunch, Worldcoin has expanded its reach by integrating its World ID technology with platforms such as Minecraft, Reddit, Telegram, Shopify, and Mercado Libre. This move is aimed at pushing for…
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Introducing BRC-20 LABB Token by Bitcoin Startup Lab: Empowering the BTC Startup Community
San Francisco-based Bitcoin Startup Lab recently announced the launch of LABB, a community-centric BRC-20 token that aims to empower Bitcoin entrepreneurs. LABB is designed to foster a community of visionaries who are looking to launch Bitcoin-focused startups, serving as a supportive gateway and providing utility for entrepreneurs. Bitcoin Startup Lab is a pre-accelerator firm that…
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FASB’s Progress Towards Bitcoin Fair Value Accounting Points to Increasing Corporate Adoption
Introduction As 2023 comes to a close, Bitcoin has solidified its position as a dominant digital asset, experiencing a remarkable surge of 150% and maintaining stability above the $40,000 mark. This impressive performance sets the stage for what could be an exciting year ahead. With several influential events on the horizon for 2024, the market…
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Binance dismisses DOJ settlement’s significance in SEC case with a request for dismissal
Binance, one of the world’s leading cryptocurrency exchanges, has recently submitted two crucial filings in response to an ongoing case brought by the U.S. Securities and Exchange Commission (SEC). The first filing seeks to dismiss the SEC’s case against Binance and its former CEO, Changpeng Zhao (CZ), which was originally launched in June. Binance’s argument…
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Gary Gensler Disregards Crypto’s Role in Capital Markets as He Addresses Bitcoin ETF Queries
In a recent conversation with Bloomberg, the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, expressed his skepticism towards spot Bitcoin exchange-traded funds (ETFs). Gensler’s remarks came at a time when the SEC is introducing new regulations aimed at minimizing risk in the U.S. Treasury market. According to Reuters, these rules will…
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Vitalik Buterin suggests the implementation of ‘enshrined zkEVM’ to tackle layer-2 obstacles on Ethereum
In a recent blog post on December 13, Ethereum co-founder, Vitalik Buterin, introduced a groundbreaking concept for the blockchain platform known as the “enshrined Zero-Knowledge Ethereum Virtual Machine” (ZK-EVM). The primary objective of this proposal is to significantly enhance the efficiency and security of Ethereum’s Layer-2 protocols, which encompass optimistic and ZK rollups. By addressing…
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Decentralized Finance drives significant transition for Ethereum, moving away from centralized exchanges
A crucial element in understanding the market dynamics and position of Ethereum, the second-largest cryptocurrency, is analyzing its distribution and activity across centralized exchanges (CEX) and decentralized exchanges (DEX). This shift plays a significant role in shaping the Ethereum ecosystem and is essential for financial analysts to monitor. Over the course of this year, there…
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Sam Bankman-Fried’s Defense Counsel Discovers Case to be ‘Nearly Unwinnable’
David Mills, the Stanford University law professor who was responsible for overseeing the defense of Sam Bankman-Fried (SBF) during his recent fraud trial, has publicly acknowledged the immense difficulty of winning the case. In an interview with Bloomberg on December 12th, Mills openly stated that the case was “almost impossible to win.” This admission comes…
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KuCoin Resolves Charges with NYAG, Pays $22M
Cryptocurrency exchange KuCoin has reached a settlement with the New York State Attorney General’s (NYAG) office, agreeing to pay $22 million and cease operations in the state. The settlement comes in response to a lawsuit filed by NYAG Letitia James on March 9, 2023. The lawsuit alleged that KuCoin had violated state law by failing…
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Nil Foundation Introduces Enhanced zkEVM for Improved Security and Scalability on Ethereum
=Nil; Foundation, a prominent Ethereum infrastructure developer, has recently introduced its latest breakthrough: a cutting-edge Type-1 zkEVM (Zero-Knowledge Ethereum Virtual Machine) fueled by zkLLVM, an automated circuit compiler. This groundbreaking technology has the potential to revolutionize the Ethereum network by significantly enhancing its scalability and security. The announcement was made in a statement on December…
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Donald Trump Offers ‘Mugshot Edition’ NFTs to Supporters at $99 per Token
Former U.S. President Donald Trump has unveiled a new collection of non-fungible tokens (NFTs) inspired by his recent arrest, as revealed by CollectTrumpCards on December 12. Making the announcement through a video message on X, previously known as Twitter, Trump aims to appeal to his supporters. The former president’s arrest took place on August 24,…
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The SEC Notifies Court Richard Heart Lawsuit Has Been Served
Richard Heart, the founder of blockchain projects PulseChain and HEX, has recently been served with a lawsuit by the U.S. Securities and Exchange Commission (SEC) on October 31st. The lawsuit accuses Heart of engaging in fraudulent activities and conducting unregistered securities sales. The SEC provided details of the lawsuit in a filing on December 11th,…
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Addition of Chainlink Price Feeds Enhances Layer-2 Abilities in zkSync Era
Chainlink’s price feeds have been successfully integrated into Matter Labs-backed layer2 network zkSync’s Era, increasing the platform’s layer-2 capabilities. The integration was made possible through Chainlink’s Sustainable Chainlink Access for Layer 1 and 2 Enablement (SCALE), as revealed in a statement received by CryptoSlate on December 12. Chainlink’s price feed is a crucial tool within…
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The Best Crypto Bridge: A Comprehensive Look at Wormhole’s Blockchain Web3 Connectivity Platform
Introduction In the rapidly evolving landscape of blockchain technology and decentralized applications (dApps), Wormhole has emerged as a pivotal player and one of the best crypto bridges available. This open-source blockchain development platform is fundamentally transforming how hundreds of companies and applications operate in the Web3 ecosystem. By offering a robust and scalable solution for…
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Rootstock enables Uniswap to launch on the Bitcoin network
Decentralized exchange (DEX) Uniswap has completed its expansion to the Bitcoin blockchain by integrating with the Rootstock sidechain, marking a significant milestone for both platforms. This integration opens up a myriad of possibilities for decentralized exchanges on the Bitcoin network. The news was reported by CoinDesk, a leading cryptocurrency news platform. Uniswap, well-known in the…
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New Investor Protection Laws Bolster South Korea’s Cryptocurrency Security Measures
On December 11, the Korean Financial Services Commission (FSC) announced a comprehensive set of regulations under the Act on the Protection of Virtual Asset Users, which is scheduled to take effect on July 19, 2024. These new rules are designed to safeguard virtual asset investors and enhance the regulation of the rapidly growing local crypto…
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Newly Added Controversial Bug Related to Bitcoin Ordinals Included in the U.S. National Vulnerability Database
The U.S. National Vulnerability Database (NVD), which serves as a central repository for cybersecurity threats, recently featured a page highlighting an alleged bug related to Bitcoin inscriptions. The bug specifically pertains to a Bitcoin feature called Ordinals, which enables the creation of digital collectibles similar to non-fungible tokens (NFTs). This addition to the NVD has…
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Experts Predict Web3 Gaming Industry to Reach $614 Billion by 2030
The blockchain gaming market is poised for exponential growth, driven by the increasing popularity of non-fungible tokens (NFTs) and innovative play-to-earn models, according to a recent report by Fortune Business Insights. The report projects that the global blockchain gaming industry, also known as Web 3 gaming, will skyrocket to an astonishing $614.91 billion by 2030.…
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AVAX Crypto Surges, Driving Avalanche DeFi Protocols to 9-Month Highs
The total value of assets locked on decentralized finance (DeFi) protocols based on Avalanche has reached a 9-month high amid the market rally of the AVAX token. Interestingly, the increase is coming when the number of locked AVAX tokens has been at its lowest since August 2021. Over the past month, the network users have…
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Find The Top Crypto Airdrops
Mikeroseresearch is an authoritative and reliable source for the latest and most legitimate crypto airdrops. We diligently verify and compile a daily list of airdrops and bounties, offering you up-to-date and profitable opportunities for earning. Select from our range of airdrops and follow the detailed instructions to claim complimentary crypto tokens, or participate in community…
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New Senate Bill Joins Expanding Array of Digital Asset Legislation Advancing in Congress
U.S. Senators Mitt Romney (R-UT), Mark R. Warner (D-VA), Mike Rounds (R-SD), and Jack Reed (D-RI) have proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, is a response to the increasing…
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LayerZero introduces its native token and pledges $3 million towards the community distribution pool.
The blockchain interoperability project, LayerZero, has just made an exciting announcement on December 7th. The project has revealed its plans to launch a native cryptocurrency in the near future. LayerZero Labs, the team behind this initiative, took to Twitter/X to share this news with their followers and the crypto community. The tweet read, “LayerZero has…
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Phoenix Group finalizes $380M agreement for eco-friendly Bitcoin mining machinery
Bitcoin (BTC) mining company Phoenix Group has successfully secured a hardware deal worth $380 million from Whatsminer, just two days after its stock debuted on the Abu Dhabi Securities Exchange (ADX). With this deal, Phoenix Group aims to enhance its mining capabilities and contribute to sustainable Bitcoin mining practices. In an official statement released on…
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More than 30% of Bitcoin supply remains inactive for over five years
Historical data indicates a growing trend among Bitcoin investors towards long-term holding. Since Bitcoin’s inception on Jan. 3, 2009, coins have continuously circulated through mining, purchasing, and selling processes, with some being lost. However, an analysis of the supply last active reveals a significant percentage of Bitcoin has not moved on-chain for extended periods. According…
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SEC Discussions Zero in on Key Details, Bringing Bitcoin ETFs Closer to Reality
Talks between the U.S. Securities and Exchange Commission (SEC) and several asset management firms have reportedly progressed to advanced technical discussions regarding the approval of spot Bitcoin exchange-traded funds (ETFs). According to sources familiar with the matter who spoke to Reuters on December 7, the talks have delved into key details surrounding the establishment of…
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WSJ Reports: Do Kwon’s Extradition to the U.S. Imminent for Criminal Charges
Do Kwon, the co-founder and former CEO of Terraform Labs, is reportedly facing extradition to the U.S. to face criminal charges, according to sources cited by The Wall Street Journal on December 7. This comes after previous reports last month that Kwon could potentially be extradited to either the U.S. or South Korea, following a…
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Jamie Dimon supports banning cryptocurrencies in Senate hearing
At the “Annual Oversight of Wall Street Firms” hearing before the Senate Committee on Banking, Housing, and Urban Affairs on Dec. 6, Senator Elizabeth Warren (D-MA) questioned bank CEOs about illicit financial activities involving cryptocurrencies as part of a broader effort to advance regulatory legislation. Present at the hearing were the CEOs of JPMorgan, Wells…
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AI and Digital Assets Take Center Stage at House Subcommittee Hearing
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion recently held an important hearing to address the growing impact of new technologies in the financial industry. Key representatives from various federal agencies, such as the Federal Reserve, the Securities and Exchange Commission (SEC), and the Office of the Comptroller of the Currency…
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Concerns over privacy and financial stability make UK lawmakers hesitant to launch retail CBDC
The U.K. Parliamentary Treasury Committee issued a stern warning about the development of a retail central bank digital currency (CBDC), or ‘digital pound,’ and its potential hazards to financial stability. Lawmakers urged the Bank of England and H.M. Treasury to thoroughly consider data privacy and financial stability issues before advancing with the implementation of this…
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Lightning Network’s Current Status in 2023
The Lightning Network, introduced in 2016, is a second-layer scaling solution for Bitcoin to address its scalability issues. Built upon a network of payment channels, this off-chain protocol enables instant and low-cost transactions. It bypasses the need for every transaction to be recorded on the Bitcoin blockchain. Users
