Tether Proposes Establishing Tokenized Boron Commodity Markets in Turkey
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country’s boron markets by utilizing tokenization and…
Bitcoin Soars Towards $68K Amid Microsoft’s BTC Investment SEC Filing
Microsoft is preparing for a critical shareholder meeting on December 10, during which the future of Bitcoin as a potential investment will be a heated topic. At present, Bitcoin is trading at approximately $68,115, which represents an increase of…
First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Dogecoin Surges 16%, But Here’s What DOGE ‘Risk Indicator’ Says About Rally
Dogecoin has enjoyed a sharp 16% rally during the past week. Here’s how this analyst’s “Risk Indicator” is looking for DOGE after this run. Dogecoin Risk Indicator Has Given A Red Signal Recently In a new post on X…
Russian Banks Baulk at Digital Ruble Implementation Costs
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their…
Web3 Game Off the Grid Numbers Shine Despite Promotional Drop
Off The Grid, the so-called Web3 extraction shooter built on the Avalanche blockchain, has maintained momentum after its launch in the early access stages. While the game has fallen from the top 100 most viewed games on the streaming platform…
Chiliz’ Socios.com secures in-principle license approval in Malta
A Class 3 VFAA license will allow Socios.com to provide any digital asset service and hold or control clients’ assets as they provide virtual financial asset services.
Is The Cat Season Here? MEW Hits $1 Billion Market Cap After New ATH
Cat in a dogs world (MEW) has taken the market by storm after becoming the second cat-themed memecoin to hit a $1 billion market capitalization. The token joined POPCAT’s rally and reached a new all-time high (ATH) on Thursday, leading the whole…
Buenos Aires Implements Self-Sovereign Decentralized Blockchain ID Initiative
Buenos Aires’ Innovation and Transformation Secretary, Diego Fernandez, confirmed that Quarkid, a self-sovereign decentralized blockchain ID project, has already been implemented as part of the city’s app, Miba. In a recent interview…
A truly decentralized system would decentralize authority — Cardano exec
Cardano Foundation chief technology officer Giorgio Zinetti told Cointelegraph that centralized authority is good for speed, but decentralized governance offers long-term sustainability.
World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years
The World Bank reports that Nigeria lost over $8 billion due to the Central Bank of Nigeria’s (CBN) refusal to float the naira between 2021 and 2023. This foreign exchange subsidy, along with the fuel subsidy, deprived the government of…
Bitcoin Price Rebounds Above $67,000 As Whales Continue to Accumulate
Bitcoin (BTC) is currently witnessing a price recovery after a brief dip earlier in the week. Despite these fluctuations, a CryptoQuant analyst under the pseudonym BaroVirtual has shared some encouraging long-term insights regarding whale activity…
Did Hackers Compromise US Government Crypto? $20M in Suspicious Activity
In a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised, losing around $20 million. According to Arkham, the bulk of the funds, primarily made up of stablecoins, were converted…
Ethereum ‘Verge’ Upgrade To Simplify Running Nodes On Phones And Wearables
In a post published on October 23, Ethereum (ETH) co-founder Vitalik Buterin shared details about ‘The Verge’ upgrade, which aims to make it easier to run validator nodes. New Ethereum Upgrade To Make Running Nodes Easier Buterin…
Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World Order
Iran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing effectiveness due to Western interference. He called for BRICS nations to reduce reliance on Western financial…
Improbable, the Company Building Yuga Labs’ Otherside, to Launch Somnia Blockchain DevNet Phase
Improbable, the British metaverse technology company creating Yuga Labs’ Otherside platform, has said the Somnia blockchain will enter its DevNet phase in the coming weeks.
Homeowner lawsuit over $170K crypto theft rejected on appeal
A United States appeals court said a district court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.
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