Nader Al-Naji, the founder of BitClout, now known as Decentralized Social (DeSo), is facing serious charges. The SEC and the US Attorney’s Office for the Southern District of New York have charged him with fraud and selling unregistered securities. Misuse of Funds and False Claims The SEC claims Al-Naji raised $257 million through BitClout’s native...Read More
BlackRock has confirmed it has no plans to launch a Solana (SOL) ETF anytime soon, despite the roaring success of its Bitcoin and Ethereum spot ETFs launched this year. The company’s dismissal of small-cap altcoins leaves room for other asset managers to compete in this area, with some already filing to launch the product. BlackRock’s...Read More
21Shares – which is part of 21Shares AG – has announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. It improves the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH), which is physically backed by Ether and tracks its performance. The Zurich-based financial institution said that the latest...Read More
Fairshake, a pro-crypto and blockchain Super PAC, has now outraised all other Super PACs in the United States heading into the 2024 federal elections. The interest group’s success reflects crypto’s surging role in U.S. politics, which has culminated in vocal support from politicians aiming to protect the industry’s interests. Fairshake PAC Raises $202 Million According...Read More
The US Securities and Exchange Commission (SEC) plans to amend its original complaint against Binance, which might eliminate the need for the court to decide on tokens that were previously classified as securities. The joint filing comes amid increased efforts by presidential candidates to attract pro-crypto voters in the United States. SEC Moves to Amend...Read More
In a recent interview with CNBC, WisdomTree CEO Jonathan Steinberg shared his optimistic outlook on the future of Bitcoin and cryptocurrencies, predicting their mainstream adoption within the next few years. Steinberg cited regulatory clarity, the emergence of publicly traded crypto funds, and the tokenization of real-world assets (RWAs) as the main drivers of this trend....Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 30th, 2024] Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will host Web3 experts to discuss “Blinks, AI, Ignition: Bridging Web3 and Web2.” This livestream will take place on Jul. 31, 2024, at 10AM UTC, and will focus on new crypto innovations that embed blockchain apps...Read More
[PRESS RELEASE – Los Angeles, United States, July 30th, 2024] DSCVR, the largest web3 social media and community-building platform, announces the launch of Canvas, a groundbreaking framework that enables developers to effortlessly build and integrate custom applications directly into DSCVR’s social feeds. With just a few tweaks any web application can be made into a...Read More
According to the host of The House of Crypto, the time has come for a particular cryptocurrency ecosystem to experience major growth. In the previous bull market, Bitcoin saw a 232% rally in a few weeks. However, the biggest gains were not for Bitcoin holders, but for those invested in a specific ecosystem. This time,...Read More
Solana has surpassed Ethereum in total transaction fees and maximum extractable value (MEV) tips for the first time in a weekly timeframe since its launch. According to data from Blockworks Research, Solana generated approximately $25 million in revenue during the week of July 22, surpassing Ethereum’s $21 million. Solana’s Milestones Dan Smith, a Blockworks analyst,...Read More
Bitcoin (BTC) briefly crossed the $70,000 mark on Monday morning before dumping to $66,000, but analysts at the crypto exchange Bitfinex say the leading digital asset may pull back even more in the coming days. According to the latest Bitfinex Alpha report, bitcoin’s possible decline may be caused by significant downward pressure on implied volatility...Read More
[PRESS RELEASE – Dubai, UAE, July 30th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has announced significant upgrades to its governance process following the BC Fusion. These enhancements aim to boost the network’s efficiency, transparency, and community engagement, advancing BNB Chain’s vision to support startups and developers...Read More
Bitcoin has lost 5.7% over the past 12 hours or so, dumping $4,000 in a fall from $70,000 to just below $66,000 during early Asian trading on Tuesday, where it found support. However, it remains within a five-month rangebound channel that formed at the end of February. Analysts have been searching for clues to explain...Read More
This week, the U.S. national debt surpassed $35 trillion for the first time ever. Moreover, America has added around $12 trillion in federal debt since 2020. To put it into perspective, the U.S. has added an average of $280 billion of federal debt every month since January 2020. The country now has around $105,000 in...Read More
Kyiv police have detained four men, aged between 24 and 29, for the abduction and murder of a 29-year-old foreigner. The crime was driven by the motive to steal nearly 3 bitcoins (BTC), valued at approximately seven million hryvnias ($170,000). Details of The Abduction and Murder According to a report from the National Police of...Read More
