Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report
Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by…
RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date
PRESS RELEASE. Rexas Finance (RXS), a pioneer in real-world asset (RWA) tokenization, has just announced the date for its highly anticipated presale, set to begin on September 8th, 2024. With its groundbreaking platform that merges blockchain…
Economist Peter Schiff Criticizes Lackluster Media Coverage of Gold’s Bull Market
Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster…
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity…
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has…
VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore
PRESS RELEASE. [Singapore, 2024] – The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future of investment and entrepreneurship. As a…
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes
An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency…
Bit2me Secures Virtual Asset Service Provider License in Argentina
Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory…
ChainGPT Leads Web3-AI at Token2049 Singapore: Collaborating With Tron, Certik, and More
PRESS RELEASE. Singapore, 15.9.2024 — ChainGPT, a leading AI-driven blockchain solution, is proud to announce its co-hosting role in three major side events during TOKEN2049, one of the world’s premier crypto and blockchain conferences. Set in the…
Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC
The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool suggest there’s a growing expectation that a 50 basis points…
$135.4M in Dormant Bitcoin Revived by Mid-Sept., 2016 Wallets Dominate Activity
According to the latest figures, 32 dormant bitcoin transactions have surfaced during the first two weeks of September 2024, with a hefty 2,253.54 BTC spent so far. When it comes to the biggest spenders, btcparser.com shows wallets dating back to…
Billions in Settlements Disrupted, Blockchain Gaming Boom, and More — Week in Review
Recent Western sanctions have disrupted over $55 billion in trade settlements between Russia and Turkey. Cameron Thacker of Mythical Games believes the current blockchain gaming surge is more stable, as it focuses on better user experiences rather…
Binance Warns of Malware Targeting Crypto Addresses, Urges Users to Always Verify
Cryptocurrency exchange Binance has alerted users to a rise in “Clipper malware” attacks that can steal crypto funds. The malware intercepts wallet addresses, replacing them with attackers’. Binance said it has implemented…
HTX Integrates Lightning Network for Faster Bitcoin Payments
HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform…
Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s…
Two-Year Investigation Yields Partial Recovery in Crypto Scam
San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago. On Sept. 12, 2022, the victims informed…
Regina never thought she’d be writing about games again, let alone Web3 games. But she was given the opportunity to lead a new recurring Web3 gaming segment. She is live streaming her adventure For her first game, Regina became fully immersed in…
Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies…
US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced…
Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that…
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re…
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real…
Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency…
Kenya Acting to Curb AI Disinformation, President Ruto Says
Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster…
In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets (RWAs) using blockchain, the importance of…
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which…
Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance…
Meta to Resume Training AI With Data From UK Facebook, Instagram Users
Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K…
Web3 Innovation and Transformation: InnoBlock 2024 Held by ABGA and BBS
PRESS RELEASE. Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not only the driving force for the…
Rives Launches Doom Olympics: A Competitive Onchain Gaming Event
Rives, a blockchain gaming project, has announced the launch of its Doom Olympics, a unique competition built on the Cartesi platform. The tournament will feature seven distinct challenges inspired by the classic video game Doom, rewarding top…
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