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UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards
23.10.2024
A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while fostering a competitive crypto sector. The regulator warned...
Bitcoin Is Going to $80K Regardless of Trump or Harris Win, Traders Say
23.10.2024
Traders say BTC is headed to new highs regardless of a Democrat or Republican win
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
23.10.2024
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased...
Saylor’s comments on big bank BTC custody are ‘batshit insane’ — Buterin
23.10.2024
Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin.
Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy
23.10.2024
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create...
‘Battle against inflation is almost won’ says IMF chief economist
23.10.2024
The IMF says inflation should return to normal by the end of next year but warned of slowing growth and increasing economic inequality.
Football Stars to Face Legal Actions Regarding $3.2B Pyramid Scheme Promotion
23.10.2024
Promoting Omegapro, a pyramid scheme that raised over $3 billion from over 3 million customers, might make a group of European football stars face legal action. Hundreds of users affected would be preparing to sue these individuals, alleging that they trusted the company, which offered yields...
Bitcoin academics slam controversial ECB paper blasting Bitcoin
23.10.2024
The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin's price should be regulated or outright banned.
Is G20 Losing Relevance? BRICS’ Rise Signals Shift in Global Power
23.10.2024
The rapid rise of BRICS is challenging the relevance of the G20 as a global platform, with BRICS nations now surpassing the G7 in economic output. As BRICS gains influence, discussions about reforms to major international organizations, including the IMF and UN, are intensifying. According to...
Saylor Isn’t Batsh*t Insane, He’s Selfish
23.10.2024
In a recent interview, Bitcoin cheerleader Michael Saylor shocked many by dismissing concerns about Bitcoin custody, but David isn’t surprised by his statements. Saylor’s Recent Controversial Statements Are Consistent With His Past Statements Michael Saylor is known for being...
Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues
23.10.2024
Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued using Liminal’s infrastructure to manage user funds. Liminal emphasized it had...
BRICS Nations in ‘Intense Discussions’ to Develop Common Payment System
23.10.2024
BRICS nations are actively discussing the development of a common payment system and the use of national currencies for trade, with Indian Foreign Secretary Vikram Misri confirming that intense talks have been underway. Studies and research have been commissioned. Experts have emphasized that...
Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren
23.10.2024
Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission...
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
23.10.2024
Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham's data suggests the assets are still under the firm's control
SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?
23.10.2024
The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays...
Coinshares Opens New York Office Amid Ambitious US Expansion Plans
23.10.2024
Coinshares International has opened an office in New York City, marking a key step in its strategy to expand in the United States. The company aims to bolster its presence in the U.S. financial market through this move and recent acquisitions. Coinshares’ New Office Signals Major U.S. Push...
‘All Roads Lead to Inflation’ — Why Legendary Investor Paul Tudor Jones Is Betting on Bitcoin
22.10.2024
Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he’s sticking with hard money like gold and bitcoin. In his view, any other option leads straight to inflation. What’s Driving Paul Tudor Jones’ Latest Push for Bitcoin...
Inside DMG Blockchain’s Plan for Canada’s First Indigenous-Led AI Data Centers
22.10.2024
The bitcoin mining company and vertically integrated blockchain firm DMG Blockchain Solutions has announced a partnership with Malahat Nation to develop Canada’s first Indigenous-led artificial intelligence (AI) data centers. The project, designed to utilize clean energy, is expected to expand...
A Major Improvement to Bitcoin Cash Will Smash Developer Bottlenecks
22.10.2024
Andrei Terentiev, CTO of Bitcoin.com, explains why Bitcoin.com has thrown its full support behind Bitcoin Cash Improvement Proposal 2021-05. CHIP-2021-05 Gains Bitcoin.com’s Support With Promise Of A New Era for Bitcoin Cash Smart Contracts Bitcoin.com endorses Bitcoin Cash Improvement...
Bitcoin price will benefit from rising hashrate, US inflation fears and crypto-friendly presidency
22.10.2024
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.