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Crypto.com Expands in North America with New Custody Service, Eyes Regulatory Reforms
Crypto.com is making a strategic move to expand its influence in North America with the launch of its crypto custody service. The newly unveiled Crypto.com Custody Trust Company is designed to serve both Canadian and US institutions along with high-net-worth clients, positioning Crypto.com as a significant player in these major crypto markets. In a bid […]
Read MoreUS Treasury Considers Strategic Bitcoin Reserve for Economic Edge Over China
Matthew Pines of the Bitcoin Policy Institute proposes a bold strategy for enhancing US economic policy against China: establishing a Strategic Bitcoin Reserve (SBR). A report presented to the US Treasury argues that Bitcoin, with its decentralized nature and scarcity, could diversify national assets, support fiscal sustainability, and maintain a geopolitical edge. This comes in […]
Read MoreCosmWasm’s Funding Crisis: A Crossroad for the Cosmos Blockchain Ecosystem
Why the Death of CosmWasm is a Blow to Blockchain Progress The defunding of CosmWasm, a pivotal smart contract platform within the Cosmos ecosystem, poses a significant setback for blockchain advancement. Despite its proven utility and widespread adoption, the platform faces a dire funding shortfall that threatens to halt its progress. CosmWasm’s Role: Central to […]
Read MoreSingapore Overtakes Hong Kong as Top Digital Assets Hub with 13 Crypto Licenses in 2024
Singapore Surpasses Hong Kong as Digital Assets Leader in 2024 In a strategic maneuver that has propelled it past Hong Kong, Singapore has emerged as the leading hub for digital assets by issuing an impressive 13 cryptocurrency licenses in 2024. This significant increase highlights Singapore’s ambition to dominate the global crypto landscape. 13 crypto licenses […]
Read MoreAave to Redirect 40% of MEV Profits to Users with Chainlink’s SVR Integration
Aave’s Proposal: Redirecting MEV Profits with Chainlink’s SVR Aave is stirring the decentralized finance (DeFi) landscape by exploring the integration of Chainlink’s Smart Value Recapture (SVR) oracle. This move aims to redirect Maximum Extractable Value (MEV) profits back to Aave users, disrupting the current system that disproportionately benefits block builders. Aave’s Proposal: Integrate Chainlink’s SVR […]
Read MoreIRS’s Crypto Staking Tax Stance Faces Legal Pushback: Jarretts’ Lawsuit Challenges Policy
IRS’s Crypto Staking Tax Policy Scrutinized as Legal Challenges Mount The IRS is under the spotlight for its unwavering stance on taxing cryptocurrency staking rewards as immediate income. This has sparked controversy and legal challenges, most notably from Joshua and Jessica Jarrett. They argue these rewards should be treated as property, taxable only upon sale, […]
Read MoreSouth Korea’s FSC Denies Corporate Crypto Purchases Amid Rising Institutional Interest
South Korea’s Regulatory Tightrope: Companies and Crypto The South Korean Financial Services Commission (FSC) has denied swirling rumors that it intends to allow corporations to purchase cryptocurrencies. This denial comes amid increasing institutional interest in crypto assets within South Korea, as companies and investors worldwide show a growing appetite for digital currencies like Bitcoin (BTC) […]
Read MoreBank Exec Charged in $4.3M Embezzlement: BOK Financial Reveals 11-Year Scheme
Bank Executive Accused of Embezzling Over $4 Million in 11-Year Scheme The audacity of financial exploitation has reached unsettling heights as William Shane Garrow, a former senior vice president at BOK Financial Securities, is alleged to have embezzled over $4.27 million from customer accounts. This revelation not only brings to the fore significant concerns around […]
Read MoreMoonPay’s $150M Acquisition of Helio Pay: A Major Step in Crypto Payment Integration
MoonPay’s $150 Million Move: Acquiring Helio Pay MoonPay has announced a significant acquisition, purchasing Helio Pay for $150 million. This strategic move not only marks MoonPay’s largest acquisition since its inception in 2018 but also positions the company to enhance its services for businesses by integrating Helio Pay’s cutting-edge technology. MoonPay is acquiring Helio Pay […]
Read MoreNokia Patents Blockchain Encryption to Boost Digital Asset Security Amid Rising Crypto Hacks
Nokia’s Bold Move into Blockchain: Patenting Encryption for Digital Asset Security Amid the rising tide of cyber threats in the cryptocurrency realm, Nokia is taking an assertive step towards fortifying digital asset security by filing a patent for an innovative encryption system. This move could potentially reshape the landscape of digital transactions, providing much-needed security […]
Read MoreSouth Korea & US Join Forces to Combat $1.6B North Korean Crypto Theft
“`html South Korea and the United States have united in a robust campaign against North Korean hackers, notorious for their involvement in massive cryptocurrency thefts. This collaboration not only aims to recover stolen digital assets but also dismantle the criminal networks supporting these cyber activities. South Korea and the US collaborate to combat North Korean […]
Read MoreUsual Secures $10M Funding to Pioneer RWA-Backed Stablecoins with Binance and Kraken
Usual, a decentralized stablecoin issuer, has secured $10 million in a Series A funding round led by crypto giants Binance Labs and Kraken Ventures. This investment reflects the growing momentum in decentralized finance (DeFi) and paves the way for innovations in real-world asset (RWA)-backed stablecoins. By partnering with industry players and emphasizing community-driven models, Usual […]
Read MoreHyperliquid Labs Faces North Korean Hacking Allegations Amid Market Turmoil
Hyperliquid Labs and the North Korean Allegations: Unpacking the Controversy In a climate of increasing cyber threats, Hyperliquid Labs recently became embroiled in a controversy involving alleged wallet activities linked to North Korean hackers. These claims, spotlighted by security expert Taylor Monahan, have put the on-chain perpetual futures exchange under intense scrutiny. Though the company […]
Read MoreMicroStrategy Joins Nasdaq-100, Amplifies Bitcoin Influence in Mainstream Finance
MicroStrategy’s Bold Move: Joining Nasdaq-100 and Boosting Bitcoin Exposure When a company traditionally known for its enterprise software plunges headfirst into cryptocurrency, it doesn’t just raise eyebrows; it can reshape the financial landscape. MicroStrategy’s recent induction into the Nasdaq-100 index marks a seismic shift in both perception and reality, as Bitcoin inches further into mainstream […]
Read MoreRipple CEO Criticizes “60 Minutes” for Anti-Crypto Bias Amid Leadership Scrutiny
Brad Garlinghouse, the CEO of Ripple, took to the national stage on “60 Minutes” to showcase Ripple’s role in the cryptocurrency world. Unfortunately, the segment sparked criticism over its lack of balance, featuring anti-crypto commentary without offering counterpoints. Garlinghouse discussed Ripple and cryptocurrency on “60 Minutes.” The show highlighted anti-crypto views resembling those of SEC […]
Read MoreCardano Pioneers Lithium Tokenization in Argentina, Aiming to Revolutionize Mining Sector
Cardano’s latest venture into the tokenization of lithium in Argentina is setting a new benchmark for the mining sector, aiming to revolutionize the way natural resources are managed. With the increasing demand for lithium, driven by its critical role in battery production for electronics and electric vehicles, this initiative could significantly impact the global mining […]
Read MoreCanadian Tech Firm Matador Invests $4.5M in Bitcoin Amid Economic Concerns
Canadian Firm Matador Bets on Bitcoin to Bolster Treasury Matador Technologies Inc., a Canadian player in the tech space, has taken a brave leap into the world of cryptocurrency by committing $4.5 million to Bitcoin. In a strategic move, the company plans to shift a significant portion of its cash reserves from Canadian dollars (CAD) […]
Read MoreCardano Governance Rifts: Hoskinson’s On-Chain Solution Amid $600M Fund Dispute
Cardano’s Governance Tug-of-War: Hoskinson’s Vision Amidst Internal Discord Charles Hoskinson, the founder of Cardano, recently spoke out during a livestream about the governance issues that have been causing friction between Input Output (IO) and the Cardano Foundation (CF). The heart of the matter is a disagreement over the management and transparency of an eye-watering $600 […]
Read MoreRevolutionary Insights: Power Law’s Precision in Modeling Bitcoin’s Growth and Market Dynamics
Unveiling Bitcoin’s Behavior Through the Lens of Power Law Data analyst Giovanni Santostasi presents a compelling argument for the application of power law to Bitcoin, challenging the conventional economic models that have long attempted to explain this revolutionary asset. By emphasizing data-driven approaches, Santostasi provides new insights into Bitcoin’s network, adoption patterns, and pricing dynamics. […]
Read MoreBinance’s CZ Emphasizes Key Security: Own Your Private Keys for Crypto Safety
Binance’s CZ Offers Crucial Crypto Security Advice: Protect Your Private Keys As digital currencies become more common, safeguarding these assets is crucial. Changpeng Zhao, widely known as CZ and the CEO of Binance, provides a key piece of advice relevant to both crypto novices and veterans: never accept a hardware wallet or private key from […]
Read MoreBilly Markus’s “Pre-Rich” Tweet Ignites Dogecoin Community Buzz
DOGE Creator Billy Markus’s “Pre-Rich” Quip Stirs Crypto Conversations Billy Markus, known to the crypto world as Shibetoshi Nakamoto, made waves recently with a tongue-in-cheek tweet: “I’m pre-rich.” This humorous remark has sparked discussions among crypto enthusiasts, highlighting the mix of aspiration and frustration familiar to many in the cryptocurrency community. “Pre-rich” Quip: Markus humorously […]
Read MoreBotswana’s Central Bank Pushes for Crypto Regulations to Address Future Economic Risks
Botswana’s Central Bank Advocates for Crypto Regulations: Preparing for Future Risks Botswana’s central bank is calling for the establishment of cryptocurrency regulations, citing potential risks from the rapidly increasing integration of global crypto markets with traditional financial systems. Although the threat to Botswana’s financial stability is currently minimal, the interconnectedness with global systems raises significant […]
Read MorePhoenix Group Ventures to Nasdaq: Dual Listing to Propel Crypto Mining Giant’s Global Reach
Phoenix Group’s Ambitious Leap: Dual Listing on Nasdaq in 2025 Phoenix Group is setting the stage for a groundbreaking expansion in the global cryptocurrency market. This heavyweight in crypto mining, freshly listed on the Abu Dhabi Stock Exchange, plans to make a splash on Nasdaq by 2025. Their ambitious dual listing aims to solidify their […]
Read MorePresidential Pardon Rumors for FTX’s Sam Bankman-Fried Ignite Fierce Debate
Rumors of Presidential Pardon for FTX’s Sam Bankman-Fried Spark Debate Whispers are gaining momentum that Sam Bankman-Fried (SBF), the infamous ex-CEO of the collapsed crypto behemoth FTX, might receive a presidential pardon from Joe Biden. SBF is currently locked away, serving a hefty 25-year sentence for fraud and conspiracy. The buzz around a potential pardon […]
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