Vantard’s Initial Presale Sells $500K Instantly: Next Round Opens Today
Crypto’s first Meme Index Fund (MIF), Vantard, made an explosive debut on 22nd October, selling out the first round of its presale, worth $500K, in a matter of minutes. With the treasury fully loaded, Vantard has conducted spot purchases of…
8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?
Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity…
The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support
According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with…
Former US Federal Agent Freed From Nigerian Prison After 8 Months
Tigran Gambaryan, a U.S. citizen and former federal agent detained in Nigeria for eight months, has been released. The charges against him, brought by the Economic and Financial Crimes Commission, were dropped. The release of the Binance executive…
SimpleFX 10th Birthday: The Decade of Online Broker
PRESS RELEASE. After ten years of constant development, SimpleFX can proudly celebrate this one-of-a-kind anniversary with a unique event. This year, the platform’s users will have a chance to compete in a trading contest with a $100 000 and…
Retail Bitcoin Activity Hits a Low—Cryptoquant Report Explores What Is Next for Markets
Retail bitcoin investors are slowly making a comeback, though their demand growth continues at a sluggish pace compared to historical standards. Data from Cryptoquant reveals that small-scale investors are still trailing behind their larger…
Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’
Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a report from Bloomberg’s Olga Kharif. The new network, which is focused on decentralized finance (defi), is…
Could Trump’s 2024 Victory Send Bitcoin Soaring to $92K? This Bitwise Exec Thinks So
Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 U.S. election could push BTC prices toward the $92,000 mark. Park isn’t alone in this prediction; a number of analysts and financial institutions are…
MAGA (TRUMP) Price Up 17%, Is $DUM The Next PolitFi Crypto to Explode
Politics and crypto are colliding once again. The popular MAGA (TRUMP) token has jumped 17% in the past 24 hours, with traders piling in as election season heats up. However, some traders are opting for FreeDum Fighters (DUM) instead –…
Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners
The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making…
Vintage 2011 Bitcoin Wallet Moves $10M, Linked to All of October’s 2011 Spends
On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over 13 years. This is the fifth occurrence this month of bitcoins from 2011 being spent, and it’s extremely likely…
PiP World’s ‘Gold Rush’ Telegram Mini-Game Passes Half A Million Users in its First Month
PRESS RELEASE. DUBAI: Since its launch, PiP World’s ‘Gold Rush’ has skyrocketed to popularity, attracting over 500,000 players globally in just one month, along with 20,000 connected wallets and 100,000 followers on X (formerly…
‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina
President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current tax enforcer in Argentina, replacing it with a simpler, smaller…
Bitcoin.com Enhances Cross-Chain Swaps on Verse DEX With deBridge Integration for Faster, More Efficient Trading
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has announced a significant upgrade to the cross-chain swap capabilities on its decentralized exchange, Verse DEX, thanks to a partnership with deBridge. The new integration brings…
El Dorado CEO: Venezuela Highlights Stablecoins’ Use Case as a ‘Tool for Resilience’
Guillermo Goncalvez, founder and CEO of El Dorado, a Latam-focused P2P exchange, has reflected on the rise of stablecoins from a niche product to a widely used tool in Venezuela. Goncalvez states that, as Venezuelans shift to using the dollar due…
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both…
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and…
Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences
Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government interference, is frequently mistaken…
Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market…
Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes
Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s) at…
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which…
Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance
U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a…
Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony
Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel Fattah el-Sisi echoed this sentiment…
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions…
Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation
Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and…
Vietnam Unveils Ambitious Strategy to Become Regional Blockchain Hub
The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy includes building blockchain brands, establishing testing centers, and developing human resources. The government…
Self-Custody vs. Custodial Bitcoin: A Lesson From FDR ‘Forbidding the Hoarding of Gold’
Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his…
Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets
Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 million in retail loans and $1.41 billion in institutional…
Say Goodbye to External Bridges: Uniswap’s Newest Feature Is Here
Uniswap Labs has rolled out permissionless bridging, giving users the ability to transfer assets across nine blockchain networks directly through the Uniswap interface and wallet. This new feature aims to streamline cross-chain transfers, removing…
A bunch of treasure hunters, inspired by the film ‘The Goonies’, & their own quest & adventure, uncovered a blockchain treasure called KWIF, Kitten Wif Hat. What does that mean? Settle in for an exciting, still breaking story…
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