Fintech giant Stripe has finalized a deal to acquire stablecoin platform Bridge for $1.1 billion. This purchase marks the largest acquisition in the crypto industry to date. Record $1.1 Billion Deal TechCrunch founder Michael Arrington revealed the news in a post on X, stating, “This deal is done. $1.1b.” Bridge, co-founded by Sean Yu and...Read More
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People (DPP), has proposed a crypto tax reform to support the growth of a token economy, including Web3 and NFTs if he wins the election. His plan would lower the taxation on crypto gains to a 20% separate declaration tax instead of treating them as miscellaneous...Read More
More than 100 physical attacks have been perpetrated against Bitcoiners, according to the “Known Physical Bitcoin Attacks” archive, maintained by Casa’s co-founder Jameson Lopp. The archive catalogs a concerning pattern in the crypto landscape: a rise in physical attacks against those possessing BTC and other digital assets. While numerous incidents go unnoticed, this list serves...Read More
As the US presidential race becomes more intense with less than a month away until Election Day, data from last week suggests that digital asset inflows have surged to $2.2 billion. This figure marked the highest level since July, spurred by optimism for a potential Republican success in the election. Inflows Surge Amid US Election...Read More
[PRESS RELEASE – Los Angeles, California, October 21st, 2024] NFL Rivals, the officially licensed video game of the National Football League and the National Football League Players Association, has launched its ‘Monster Smash 2’, Halloween program, which allows players to complete challenges and compete to “rewrite history” with its first NFL Legend, former NFL MVP,...Read More
Ethereum co-founder Vitalik Buterin has shared insights into Ethereum’s next upgrade on its technical roadmap – The Scourge. It aims to fix issues involving centralization concerns in Ethereum’s staking and block production. Buterin has proposed several fixes to these shortcomings the layer-1 blockchain faces. Ethereum’s Scourge to Reduce PoS Centralization Following Ethereum’s Merge upgrade in...Read More
Riding the recent wave of AI interest among crypto investors, the Worldcoin price has shot up 8% this week. Meanwhile, the new meme coin Flockerz and its ‘Flocktopia’ DAO shows significant strength in its ICO as an analyst backs it explode. Traders Look Toward Further Gains As WLD Breaks Key Structural Level The AI meta...Read More
[PRESS RELEASE – Singapore, Singapore, October 21st, 2024] Aptos and MEXC have joined forces to launch a series of events centered around Aptos’ native token, APT, offering a total prize pool of up to 1.5 million USDT. The event officially starts on October 21, 2024, and all users have the opportunity to participate and share...Read More
In a post on X on Oct. 20, adviser to the Senior Management of the Market Infrastructure and payments business area of the ECB, Jürgen Schaaf, labeled Bitcoin “a speculative bubble that will eventually burst.” He claimed that this would leave behind “substantial social damage amid its high energy use and facilitating illicit payments.” The...Read More
Crypto market capitalization has topped $2.5 trillion for the first time since late July as Bitcoin powers towards $70,000, but will this week’s economic reports propel it further? Additionally, the United States presidential election is just two weeks away, “which should begin to bring more volatility,” commented the Kobeissi Letter. Economic Events Oct. 21 to...Read More
Binance revealed collaborating with the Delhi Police to take down a “sophisticated scam” orchestrated by a fraudulent entity known as “M/s Goldcoat Solar.” According to the press release shared with CryptoPotato, the crackdown resulted in several arrests and the confiscation of more than 100,000 USDT in crypto assets. Solar Scam Busted As part of the...Read More
