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Aave Considers Partnership With Bitcoin-Based Spiderchain


Aave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network. Governance Proposal: Aave V3 Deployment on Spiderchain The governance proposal, authored by ACI, aims to integrate...

ETF Exodus: Bitcoin Funds Bleed $400M—What’s Next?


On Thursday, U.S. spot bitcoin and ethereum ETFs hit a snag, snapping a streak of inflows. Ethereum Funds Falter as Bitcoin ETFs Face $400M Outflow Bitcoin (BTC) saw a slight dip, slipping below $90,000, while U.S. spot bitcoin ETFs experienced outflows totaling $400.67 million. Not everyone took...

Mountain Protocol Brings Yield-Generating Stablecoin Products to El Dorado


Mountain Protocol, a yield-bearing stablecoin project, has partnered with the P2P exchange El Dorado to bring yield savings products to Latin American customers. Both organizations have teamed up to offer up to 4.5% APY for El Dorado Earn customers. The initiative receives USDT and automatically...

Sol Strategies Purchases 4 New Validators in $18 Million Deal


Sol Strategies acquires four new validators to increase investment opportunities for shareholders via staking rewards. New Validators for Sol Strategies Four validators have been acquired by Sol Strategies (HODL), a cryptocurrency investment company run by Leah Wald, former CEO of Valkyrie...

India Urged to Embrace Bitcoin as Strategic Reserve Asset Amid Global Unrest


Investment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical instability. Bernstein argues that India’s current focus on central...

Ghana Leverages Blockchain for Carbon Credit Trade


Ghana and Singapore partner to use blockchain technology to facilitate the trading of carbon credits. Cementing Ghana’s Position as Africa’s Carbon Market Leader Ghana’s Environmental Protection Agency (EPA) has entered into an agreement to add the country’s Ghana Carbon...

UK Crypto Rules Poised to Shift as Trump’s US Policy Gains Momentum


The UK government reportedly plans to unveil new cryptocurrency regulations this month, aiming to bolster the UK’s position as a global crypto hub amid increasing competition from the U.S., where recent policy shifts under Donald Trump favor the industry. The UK Treasury’s proposed...

Milei Advocates for Crypto Independence: ‘Don’t Let States Take Over’


President Javier Milei advocated for maintaining a separation of crypto and state. The Argentine leader stated that private cryptocurrencies might collaborate to end the state monopoly on currency, and rejected CBDCs. Milei Supports Maintaining Crypto Outside the State’s Reach While some...

Bitcoin’s Phantom Whale From 2010 Resurfaces With a 2,000 BTC Transfer


On Nov. 14, 2024, a mysterious mega whale, tracked by our newsdesk since 2020, splashed back onto the scene by shifting an impressive 40 block rewards from 2010—a total of 2,000 BTC. This rare transaction, the first of its kind in well over a decade, has onchain watchers buzzing as this...

US State Introduces Bill to Establish Bitcoin Reserves in Treasury Funds


A Pennsylvania lawmaker has introduced a bill allowing state funds to invest in bitcoin as a hedge against inflation, aiming to strengthen financial stability. Bill Introduced in Pennsylvania to Build Bitcoin Reserves for State Funds Pennsylvania State Representative Mike Cabell announced Tuesday...

$500K Bitcoin: Novogratz’s Take on US BTC Reserve Plan


Galaxy Digital’s CEO predicts bitcoin could soar to $500,000 if Trump follows through with plans for a U.S. strategic bitcoin reserve, redefining global crypto policy. $500,000 Bitcoin? Bold Predictions as US Considers Strategic Crypto Reserve Michael Novogratz, CEO of Galaxy Digital,...

Former SEC Chair Expects Pro-Crypto Shift in Trump Administration


Former SEC chairman predicts Trump’s administration could drive crypto-friendly legislation, easing regulatory constraints and fostering innovation within the digital asset industry. SEC Shake-Up: Could Trump’s Team Transform Crypto Legislation? Ex-SEC Chief Weighs In Jay Clayton, former chairman...

Is Gensler Resigning: SEC Chair’s Cryptic Remarks Ignite Exit Speculation


SEC Chair Gary Gensler’s reflection on his tenure has fueled speculation he may step down before Trump’s administration can move to replace him. ‘It’s Been a Great Honor to Serve…’ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated the agency’s focus...

Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin


The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ) announced Thursday that Ilya Lichtenstein has been...

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