Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering
Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online…
House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans
The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark…
Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year
David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon…
Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s…
PRESS RELEASE. Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal…
Binance Celebrates Bitcoin Pizza Day With Global Pizza Distribution Campaign
In 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, Binance, the world’s largest cryptocurrency…
8 AI Chatbots Predict Precious Metals Year-End Prices: Gold at $2,800, Silver at $42
In recent months, our newsdesk has been testing the use of artificial intelligence (AI) chatbots to forecast bitcoin prices by the end of 2024 at specific intervals throughout the year. This time, we’ve changed our approach by employing the…
US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates
U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all…
Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient…
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends…
White House Opposes Crypto Bill FIT21 — Offers to Work With Congress on Balanced Framework for Digital Assets
The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today. However, the Biden Administration offered to collaborate with…
Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021
On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to net asset value (NAV) reach its lowest…
Is this the Next Big Solana Meme Coin? SEAL Presale is Soaring
There’s a new Solana meme coin that’s turning heads and getting retail investors excited. That coin is Sealana (SEAL), and judging by the level of presale demand, it could be primed as the next big Solana-based joke token. Sealana…
Vitalik Buterin Transfers $295K in Ethereum to Privacy Protocol Railgun
Ethereum co-founder Vitalik Buterin has transferred 79.997 ETH (over $295,000) to the privacy protocol Railgun. Buterin Supports Railgun With $295K Ethereum Transfer According to onchain data, Ethereum co-founder Vitalik Buterin transferred more…
Celebrate Bitcoin Pizza Day 2024 — Win up to 8,888,888 VERSE!
Bitcoin Pizza day is upon us! Come celebrate Bitcoin Pizza Day with us by participating in the Bitcoin Pizza Day Scratch & Win Contest Starting on May 22 at 0:00 UTC, you have the chance to win up to 8,888,888 VERSE, or approximately $2,150 USD…
SEC Chair Gensler Opposes Crypto Bill FIT21 Citing Regulatory Loopholes and Increased Risks to Public
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has strongly opposed the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote. He stressed that “many players in the…
South Korea’s Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally
South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s…
Zimbabwean Millionaire Crypto Couple Rescued After Kidnapping by Individuals Posing as Interpol Officers
A Zimbabwean millionaire couple, based in South Africa, has been kidnapped by a gang seeking to profit from their cryptocurrency valued at $13.9 million. The couple, Professor Sheperd Sikhosana and his wife, Sekayi Adelpha Sikhosana, were kidnapped…
As of May 22, 2024, bitcoin is trading at $69,952, navigating a recent intraday range of $69,211 to $71,422. Despite a tumultuous period, bitcoin has shown resilience with an 11.9% increase over the past week and a 5.9% rise over the past month…
Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs
After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at…
A Step-by-Step Guide to Launching a Thriving Affiliate Marketing Business With XERA Pro
The world of blockchain technology is rapidly evolving, and XERA Pro aims to be at the forefront of this revolution. By empowering individuals through education, opportunities, and a collaborative community, XERA Pro is making blockchain accessible…
PEPE Soars to All-Time High Spurred by Speculation of Spot Ether ETF Approval
The Ethereum-based memecoin Pepe (PEPE) experienced a significant price surge of 40% since Monday to a new all-time high, fueled by the speculation that the U.S. SEC might approve spot ether exchange-traded funds (ETFs). Crypto traders and…
Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds…
Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s
According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance…
Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any…
The Bitcoin Policy Institute Launches the Peer-to-Peer Rights Fund to Help Defend Samourai Wallet Founders
The Bitcoin Policy Institute, a non-profit organization supporting bitcoin initiatives, has launched the Peer-to-Peer Rights Fund, a project seeking to protect bitcoin’s decentralized nature from regulatory overreach. The fund’s first…
Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval
Economist and gold bug Peter Schiff has cautioned that the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could negatively impact spot bitcoin ETFs and bitcoin. Speculation is high that…
PRESS RELEASE. Stake Vault Network proudly introduces Mr. Xavier, the Chief Marketing Officer (CMO), whose strategic vision and expertise are pivotal in revolutionizing staking and node authentication within the blockchain industry. Mr…
SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule
Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded definition…
Trump Campaign Now Accepts Crypto Donations via Coinbase
Former U.S. President and presidential candidate Donald Trump’s campaign now accepts cryptocurrency donations through Coinbase Commerce. The new fundraising page enables federally permissible donors to contribute using any cryptocurrency supported…
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