The Pennsylvania House of Representatives passed a bill on October 24 to establish regulatory clarity for digital assets like Bitcoin (BTC) within the state. Known as House Bill 2481, or the “Bitcoin Rights” bill, the legislation passed with strong bipartisan support, receiving a vote of 176 to 26, including all 100 Republicans and 76 Democrats....Read More
EMURGO – the blockchain project advancing Web3 adoption on the Cardano blockchain – announced a strategic collaboration with BitcoinOS (BOS), a smart contract operating system built for Bitcoin. The latest move aims to provide Cardano DeFi users with access to Bitcoin’s capital, valued at $1.3 trillion, without relying on third-party intermediaries. The first technical collaboration...Read More
The U.S. federal government is investigating Tether – issuer of the world’s largest stablecoin, USDT – for possibly violating anti-money laundering rules and sanctions, the Wall Street Journal reported on Friday. Following the news, Bitcoin’s price plummeted from $68,600 to $66,589 at writing time.Prosecutors at the Manhattan U.S. attorney’s office are investigating whether the USDT...Read More
Following a successful vote, Lido DAO has given the go-ahead to activate the Community Staking Module (CSM) on the Ethereum Mainnet. As the first Lido Protocol feature to allow open access, CSM aims to allow a broader range of participants to operate Ethereum validators, even with minimal technical experience and less than 32 ETH. Boosting...Read More
Bitcoin’s whale wallets – defined as those holding 100 or more BTC – have increased by 297 lately. The latest figure represents a 1.9% rise in the past two weeks. On the other hand, wallets containing less than 100 BTC have decreased by 20,629, a decline of 0.1% during the same period. Bitcoin Whales Signal...Read More
Amid increased uncertainty in the crypto market, the Artificial Intelligence (AI) category has recorded a correction of 1.79% and is currently valued at $34.25 billion. Moreover, it has recorded a 24-hour trading volume of $1.15 billion, a change of -17.81%, indicating increased bearish sentiment. Planning on investing in the Artificial Intelligence (AI) category during the...Read More
It is widely known that the majority of the crypto community supports Republican presidential candidate Donald Trump due to his friendly views on digital assets. They believe his emergence as the next United States president would give room for favorable regulations. Hence, traders are betting big on Trump’s chance of winning in early November. Large...Read More
A staggering $20 million in cryptocurrency linked to U.S. government addresses has been moved to a new wallet, raising alarms about a potential theft. The transactions originated from the government-controlled Bitfinex Hack Wallet, which housed part of the funds recovered from the 2016 attack on the Bitfinex crypto exchange. This resulted in a loss of...Read More
Ripple Labs has stepped up its legal battle with the U.S. Securities and Exchange Commission (SEC) after filing its Civil Appeal Pre-Argument Statement, also known as Form C. The filing comes only days after the SEC entered a last-minute appeal against several parts of a 2023 judgment which found that Ripple’s programmatic sales of its...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, October 25th, 2024] Monkey Kingdom, the pioneering NFT project rooted in Asian culture and mythology, has taken a bold step into the future by appointing an AI-driven CEO, known as @wukongceo. This marks a significant evolution for the project as it continues to embrace cutting-edge innovation and technology...Read More
A crypto investor who participated in the Ethereum initial coin offering (ICO) in 2014 is offloading their assets, with the latest sale on October 24. Unfortunately, this could trigger a negative price momentum for ether (ETH) given recent similar developments. According to a tweet from on-chain analytics firm Lookonchain, the last time the Ethereum ICO...Read More
On 25 Oct 2024 at 04:00 UTC, a new perp listing for X – the X Empire Token – XUSDT – is now available to trade on BitMEX, with up to 50x leverage. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users-...Read More
