Why Base Chain Has Potential to Lock the Next Generation of Crypto Users
The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.
Brace For Impact: Worldcoin Team Plans To Sell 1.5 Million WLD Tokens Every Week For 6 Months
Worldcoin (WLD) could be the victim of a significant downtrend in the coming weeks. The team plans to sell as many as 1.5 million WLD tokens over the next six months, which could bring about massive selling pressure and affect the token’s price. …
On-chain real-world assets and the integration of wallet infrastructure will replace intermediaries and become standard in the modern asset management lifecycle, says Mehdi Brahimi, head of institutional business at L1.
Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
Edward Snowden has called the recent renewal of FISA 702, “the biggest encroachment on your privacy rights since the Patriot Act.” In the middle of the night, in secret, the US Senate voted to renew FISA Section 702 as a part of a broader bill…
Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance…
Analysts Identify Key Scenario For Bitcoin Hitting $100,000
Prior to the Bitcoin Halving event, BTC’s price saw considerable instability, but it has since rebounded, reaching the $66,000 level, triggering bullish predictions from top crypto analysts regarding the coin’s future path. Captain…
Bitcoin Lightning App Strike Expands to Europe with Global Transfers
Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine.As per announcement, European customers can now buy, sell, send, and…
Trading of Hong Kong Spot Bitcoin and Ethereum ETFs Starts April 30
Per the Securities and Futures Commission (SFC) of Hong Kong, the region’s newly authorized spot bitcoin and ethereum exchange-traded funds (ETFs) are set to commence trading on Tuesday, April 30, 2024. Anticipation Builds for the Rollout of…
Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App
Block, a global technology company focusing on financial services, has announced the launch of Bitcoin Conversions, a feature that allows millions of Square sellers to convert a percentage of their daily sales to Bitcoin using Cash App, according…
Unchained Is Helping Users Secure 90,000 BTC And Counting in Self Custody
Company Name: UnchainedFounders: Joe Kelly and Dhruv BansalDate Founded: October 2016Location of Headquarters: Austin, TXAmount of Bitcoin in Treasury: Not disclosedNumber of Employees: 107Website: https://unchained.com/Public or Private?…
UK regulator scrutinizes Big Tech's role in AI industry
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.
SEC targets Uniswap Labs, raising concerns over open-source code liability
SEC actions have made developers fearful that their code may end in prosecution. Are smart contracts with immutable code the way to protect themselves?
Solana Market Cap Skyrockets $11 Billion As Price Jumps 17% – Details
Solana, like many Proof-of-Stake (PoS) cryptocurrencies, relies on a decentralized network of validators who secure the network by staking their SOL coins. In exchange for staking, validators earn rewards. However, as Solana’s price began its…
Linux on Bitcoin? Open-source framework BitVMX envisions BTC-powered programs
A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles.
Bitcoin Payments App Strike Launches for European Customers
Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.
How a Conservative German Bank Offering Crypto Makes Sense
Germany is a relatively conservative financial market, and landesbank are among its most conservative institutions. So what is the country’s largest landesbank doing launching crypto services? Noelle Acheson explains.
First Mover Americas: Hedera's HBAR Soars on Exaggerated BackRock Link
The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive…
Solana Memecoins WIF And BONK Explode By Double Digits: Key Reasons
Two Solana-based memecoins, Bonk (BONK) and Dogwifhat (WIF), have registered substantial gains over the past 24 hours. BONK recorded a 35% increase, while WIF climbed by 19%, positioning them among the top three gainers in the top 100…
Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government
The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks…
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