Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge…
Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies
Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an…
CreataChain Signs MOU With Al Reem FZCO to Develop RWA Marketplace
In a significant move towards revolutionizing asset trading, Dubai-based CreataChain DMCC and Al Reem FZCO have signed a Memorandum of Understanding (MOU) to formalize their partnership. The collaboration aims to leverage blockchain technology to…
Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations
The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws. Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering…
Bitdeer to Boost BTC Mining Capacity With Proprietary Sealminer A1 Rigs, Eyeing 46 EH/S Milestone by 2025
The Nasdaq-traded company specializing in bitcoin mining, Bitdeer, has unveiled its strategy to boost its overall hashrate by an additional 3.4 exahash per second (EH/s) through the deployment of its proprietary Sealminer A1 mining devices. These…
Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining Operations
This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has been developing this technology for about a year…
Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining
The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and the Department of Justice…
PRESS RELEASE. Vave, the premier crypto gambling platform, is set to ignite the gaming scene this spring. With its exciting Porsche Tournament, the company offers players the chance to win big, including the ultimate prize of a brand-new Porsche…
Gambling Takes Center Stage in This Year’s March Madness
In a year where legal wagering on sports shattered previous records, the NCAA men’s and women’s basketball tournaments are the pinnacle of sports betting, with an estimated $2.7 billion expected to be wagered through legal channels…
British Man Who Lost 7,500 BTC Sues for Right to Search Council Landfill
A British computer expert, who inadvertently misplaced a hard drive containing 7,500 bitcoins, has initiated a legal action to compel the Newport City Council to permit him to search through the landfill where the storage device is believed to be…
Iceland’s Prime Minister Vows to Prioritize Food Security Over Bitcoin
Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to…
Philippines Blocks Binance, Citing Threat to Security of Investor Funds
The Philippines has proceeded to block crypto exchange Binance. The country’s Securities and Exchange Commission (SEC) has concluded that the public’s continued access to Binance’s websites and apps “poses a threat to the security…
Detained Binance Executive Escapes Custody in Nigeria, Government to Request Interpol Assistance
A senior executive at Binance, who was detained by Nigerian authorities in late February, has since escaped from custody. The executive Nadeem Anjarwalla is believed to have left the country using a Kenyan passport. The Nigerian government…
Roger Ver Rejects Blockstream CEO’s Invitation, Remains Loyal to Bitcoin Cash Over BTC
Roger Ver, an early Bitcoin investor, has decided to continue supporting Bitcoin Cash (BCH) over Bitcoin (BTC) despite an invitation from Blockstream CEO Adam Back to rejoin the Bitcoin community. Ver criticizes layer two blockchain solutions, like…
Robert Kiyosaki Predicts Bitcoin Hitting $100K by September — Plans to Buy BTC This Week as Halving Nears
Rich Dad Poor Dad author Robert Kiyosaki has updated his bitcoin price prediction. He now anticipates the cryptocurrency reaching $100K by September. The famous author also announced his intention to purchase more bitcoin this week, citing the…
PRESS RELEASE. Zug, Switzerland, 25th March 2024 – GAIMIN, the world’s leader in delivering GPU-based decentralised data processing services through gaimin.cloud, today announces its GMRX utility token will be listed on cryptocurrency exchanges…
Telegram Banned in Spain for Not Cooperating in Unauthorized Content Probe
Telegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one of the highest courts in Spain, has authorized…
Massive Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of Dormancy
This week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019. This significant move involved the transfer of 94,504.03 bitcoin…
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has…
DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom
Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1…
Bitcoin Climbs Above $70,000, Marking a Stellar Recovery
On Monday, bitcoin’s value soared back to the $70,000 mark after a decline to just under $60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $70,645 for each unit…
Weekly Crypto Gainers: ONDO Tops the Chart, With ICP and XEC Making Strong Showings
Bitcoin and ethereum have recaptured some of their losses from the previous week, but a group of crypto assets have seen their values climb by double digits in the last seven days. About nine cryptocurrencies experienced increases of 20% or more…
B2Broker Introduces B2Trader – An Innovative Crypto Spot Brokerage Platform
With Bitcoin reaching record highs and the overall market capitalisation of cryptocurrencies surpassing $2.37T, the cryptocurrency market is seeing remarkable development. This is in line with the June 30, 2024, implementation of the MiCA rule…
Ethereum Technical Analysis: ETH Caught in a Tug of War Between Bulls and Bears
Ethereum presents a mixed bag of signals as of March 25, 2024. Amid fluctuating trading volumes and a contested market direction, ether’s price settled at $3,487 after experiencing an intraday range of $3,335 to $3,503. With a market…
Bitcoin’s price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day’s trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend. Bitcoin…
The Zano blockchain’s recently completed Zarcanum hard fork (HF4) will enable users and organizations to create custom tokenized assets that meet their specific needs. These custom tokenized assets or confidential assets, will be untraceable…
Binance to Halt Tron USDC Trading Following Circle’s Move Away
Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase…
Layer 1 Blockchain Mantra Secures $11 Million from Latest Investment Funding Round
Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the tools they need to create…
Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting with CBDC, Argentina’s VASPs will have to register…
Congolese Fintech Startups, Government Form Association to Accelerate Financial Inclusion
Democratic Republic of Congo (DRC)-based fintech startups have partnered with the government to launch an association. The goal of the collaboration is to accelerate financial inclusion in the African country. By partnering with the government, the…
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