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Justin Sun Endorses Donald Trump After Assassination Attempt, Citing Crypto Industry Benefits
[Jul 14, 2024 8:14 AM] TRON founder Justin Sun has publicly endorsed former U.S. President and current presidential candidate Donald Trump in the upcoming election, citing his potential to provide a more favorable environment for the cryptocurrency industry. In a social…
Nigerian Judge to Rule on Binance Tax Evasion Case in October
[Jul 13, 2024 10:30 PM] Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register…
TRUMP Meme Coin Soars After Attack on Former US President
[Jul 13, 2024 6:54 PM] Following the assassination attempt on former President Donald Trump, the meme token associated with his name, maga (TRUMP), jumped over 40% against the U.S. dollar. The token experienced a wide intraday trading range, fluctuating between a low of…
US Lawmakers Submit Resolution Urging Nigeria to Release Jailed Binance Executive
[Jul 13, 2024 4:09 AM] U.S. lawmakers have submitted a resolution calling on the Nigerian government to immediately release the jailed Binance executive, Tigran Gambaryan. In the resolution submitted to the Committee on Foreign Affairs, the lawmakers urge the United…
Global Crypto Advocacy Movement Reaches Canada
[Jul 13, 2024 2:17 AM] Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices…
Riot Platforms’ Bid Spurs Special Shareholders Meeting at Bitfarms
[Jul 12, 2024 10:08 AM] Bitfarms Ltd. has scheduled a special shareholders meeting for Oct. 29, 2024, in response to a requisition from Riot Platforms, Inc. The announcement on Friday claims Riot aims to disrupt Bitfarms’ ongoing strategic review process and acquire…
Hiro Systems Applauds SEC Decision to Close Stacks Investigation
[Jul 12, 2024 8:48 AM] The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite…
Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon Blockchain
[Jul 12, 2024 3:05 AM] Soccerverse, a massively multiplayer football management game, has successfully raised $3.1 million in a strategic funding round led by renowned games industry publisher Square Enix, with additional participation from early investor Hiro Capital…
Trump’s Crypto Aide David Bailey Calls out Reddit Bitcoin Mods on Censorship
[Jul 12, 2024 2:06 AM] David Bailey, CEO of Bitcoin Magazine and aide of the Trump presidential campaign, criticized the behavior of the moderators of r/bitcoin, a popular subreddit where bitcoin-centric news and issues are frequently discussed. On social media, Bailey…
Kraken Becomes Official Crypto Partner of Spain’s Iconic Football Club Atlético de Madrid
[Jul 11, 2024 11:24 PM] Cryptocurrency exchange Kraken announced its partnership with Atlético de Madrid, one of Spain’s most iconic football clubs, on Wednesday. Starting with the 2024 season, Kraken will be the Official Crypto and Web3 Partner and the Official Sleeve…
Moroccan AI Influencer Kenza Layli Wins Inaugural Miss AI Beauty Pageant
[Jul 11, 2024 10:19 PM] Kenza Layli, an artificial intelligence (AI) influencer from Morocco, has been crowned the world’s first Miss AI, defeating over 1,500 computer-generated models in a tough competition. Lalina Valina from France secured the second spot, while Olivia…
SEC Secures Default Judgments in $45 Million Coindeal Fraud Case
[Jul 11, 2024 8:31 PM] The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45…
Crypto Support Surges Among GOP Voters, Poll Finds
[Jul 11, 2024 6:30 PM] A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank…
Celer Network Thwarts Attempted Domain Takeover
[Jul 11, 2024 12:20 PM] Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the…
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
[Jul 11, 2024 8:54 AM] The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year…
Microstrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors
[Jul 11, 2024 6:35 AM] Microstrategy Inc. (Nasdaq: MSTR) announced a 10-for-1 stock split of its Class A and Class B common stock on Thursday, aiming to make its stock more accessible to investors and employees. This stock split will be executed via a stock dividend for…
Unstoppable Domains to Provide Web3 Sign-In to Pudgy Penguins Metaverse
[Jul 11, 2024 3:55 AM] Unstoppable Domains, a key player in Web3 domains and digital identity solutions, has announced an integration with Pudgy Penguins, enabling users to access Pudgy World using their .pudgy domain names. The integration allows users to bypass…
Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil
[Jul 11, 2024 2:56 AM] Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024…
Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations
[Jul 11, 2024 12:33 AM] The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23…
Los Angeles Sparks Extend Partnership With Crypto.com Arena Until 2029
[Jul 10, 2024 10:40 PM] The Los Angeles Sparks, one of the most successful teams in the Women’s National Basketball Association (WNBA), have signed a five-year extension with Anschutz Entertainment Group (AEG) to continue playing at Crypto.com Arena until 2029. This…
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
[Jul 10, 2024 9:20 PM] The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major…
Fed Chair Powell Reaffirms Stance on Custody Assets Amid SEC Crypto Rule Controversy
[Jul 10, 2024 7:47 PM] On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ) questioned him about the SEC’s Staff Accounting Bulletin (SAB) 121. This bulletin…
Trump to Address Bitcoin 2024 Conference in Nashville
[Jul 10, 2024 7:26 PM] According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin…
Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges
[Jul 10, 2024 1:08 PM] Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for…
Up Network Unveils ‘Up Mobile’: A Web3 Smartphone Built on Facebook’s Move
[Jul 10, 2024 3:55 AM] Up Network has unveiled ‘Up Mobile,’ a smartphone that integrates artificial intelligence and blockchain technology. The device is built on Facebook’s Move programming language and aims to enhance user security and privacy. The blockchain…
Standard Chartered’s Zodia Markets in Talks to Acquire Alan Howard-Backed Crypto Firm
[Jul 10, 2024 3:17 AM] Standard Chartered’s crypto subsidiary, Zodia Markets, is reportedly in advanced talks to acquire Elwood Capital Management, a digital-asset business backed by billionaire hedge fund manager Alan Howard. The acquisition, expected to be…
Soccer Stars Lionel Messi and Ronaldinho Promote Water Meme Coin
[Jul 10, 2024 2:55 AM] Lionel Messi, the Argentine soccer player who has won the Ballon d’Or eight times, and Ronaldinho, the former Brazilian soccer star, have promoted WATER, a Solana-based meme coin, to their almost 600 million followers on Instagram. The…