Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nation’s economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning...Read More
After years of positioning itself as the dominant regulatory force in the digital asset space, often at odds with crypto advocates, the Securities and Exchange Commission (SEC) faces a significant shift in jurisdictional control. Amidst mounting frustration with the agency’s combative approach, the incoming Trump administration is pushing to expand the Commodity Futures Trading Commission...Read More
Bitcoin’s recent explosive price action has resulted in a significant surge in profit-taking among long-term holders (LTHs). According to a review by Glassnode, the LTHs have realized $2.02 billion in daily profits, eclipsing the figure recorded in March 2024 and marking a new all-time high (ATH). Long-Term Holders Ramp Up Distributions The blockchain intelligence platform’s...Read More
[PRESS RELEASE – Dubai, UAE, November 27th, 2024] Trust Wallet, a leading self-custody Web3 wallet trusted by over 140 million users, has announced the third project under Trust Wallet Launchpool, featuring the reward token $WOD. $WOD is the native token of World of Dypians, a MMORPG available on Epic Games, set in a connected virtual...Read More
[PRESS RELEASE – London, United Kingdom, November 27th, 2024] Innovative platform enables businesses to deploy tailored, scalable and integrated blockchain networks with ease and efficiency in as little as two weeks. Aventus, a leader in enterprise blockchain technology and parachain on Polkadot, today announces the launch of its Blockchain Factory: a platform designed to help...Read More
[PRESS RELEASE – Singapore, Singapore, November 27th, 2024] MEXC, one of the world’s foremost cryptocurrency platforms, has unveiled a major upgrade to its ongoing “Supercar Giveaway” event. In response to user enthusiasm, MEXC has increased the prize pool from 10,000,000 USDT to 12,000,000 USDT, with expanded prizes and a lower participation threshold. This upgrade aims...Read More
Pump Science, a decentralized science (DeSci) launch platform on Solana, has disclosed a severe security breach involving one of its wallet addresses. The wallet’s private key, identified as T5j2UB…jjb8sc, was inadvertently exposed by a developer who embedded it in the platform’s codebase. The error allowed attackers to hijack the wallet, leading to the unauthorized creation...Read More
Ripple Labs has announced a $25 million contribution to the cryptocurrency-focused Fairshake political action committee (PAC). This latest injection increases Fairshake’s total war chest for the upcoming 2026 congressional elections to $103 million. Ripple’s Support The donation follows Fairshake’s influential role in the 2024 elections, where it emerged as the largest PAC of the cycle....Read More
MicroStrategy stock (MSTR) has fallen a whopping 35% from its peak of $535, seen on November 21. The shares tanked to $340 on Tuesday before recovering to end the day’s trading at $353, according to Google Finance. The Kobeissi Letter reported on Nov 27 that this equates to around $30 billion in market capitalization erased...Read More
The federal appeals court ruled against the US Treasury Department’s sanctions on Tornado Cash in a Court of Appeals in New Orleans on Tuesday, Nov. 26. The three-judge panel determined that the Treasury overstepped its legal authority by sanctioning the software itself rather than specific individuals or entities. The court found that the Tornado Cash...Read More
On 29 November 2024 at 04:00:05 UTC, BitMEX will update the Index Multipliers of basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as the previous Index Multipliers. Please refer to the respective index pages for the actual Index...Read More
The United States Court of Appeals for the Fifth Circuit issued a ruling that the sanctions against crypto mixer Tornado Cash by the US Treasury Department were unlawful. According to the ruling dated November 26, the Department of the Treasury; Office of Foreign Assets Control (OFAC) overstepped its congressional defined authority in the sanctions against...Read More
Solana-based meme coin generator Pump.fun has announced pausing the live streaming functionality on its site for an indefinite time period “until the moderation infrastructure is ready to deal with the heightened levels of activity.” The latest move comes after coming under fire for its controversial livestream feature, which has been exploited for disturbing acts. Pump.fun...Read More
