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Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy
24.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change...
Flappy Bird will ‘never have’ NFTs but will have a crypto ‘option’
24.9.2024
The revived Flappy Bird mobile game has the “option to use Web3,” but a spokesperson says it will “never have NFTs.”
OpenAI’s press account hack was 5th security breach in 20 months
24.9.2024
The hackers shilled the fake “OPENAI” token on OpenAI’s press account, a method reminiscent of previous X hacking incidents targeting the firm’s executives in the past
Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador
24.9.2024
The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all remittances sent to the country from January...
Over 40 US Republicans Urge SEC to Repeal Crypto Bill SAB 121
24.9.2024
US Republicans have stepped up their efforts for a crypto-friendly environment in the country as they urged the…
Candidate Harris Unlikely to Make Full-Throated Crypto Policy Before Election: Source
24.9.2024
The presidential campaign for Vice President Kamala Harris made crypto waves with a brief comment about the sector over the weekend, but the industry shouldn't expect much more in the final weeks before the U.S. elections, insiders suggest
Green United loses bid to dismiss $18M crypto mining fraud suit
24.9.2024
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
24.9.2024
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia...
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
24.9.2024
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
24.9.2024
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121
‘Worst Airdrop in History’: Hamster Kombat to Reach 131M Users Amid Token Allocation Criticism
24.9.2024
Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the allocation of these tokens, with many stating that...
Crypto Trader Turns $135 Into $1.4M with This New Memecoin
23.9.2024
A crypto trader has made headlines after turning a $135 investment into over $1.4 million in just 15…
Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations
23.9.2024
Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC)
Crypto All-Stars Raises $1.5M in ICO for New Meme Coin Staking Platform
23.9.2024
Crypto All-Stars (STARS) is a hot topic right now, having just passed the $1.5 million mark in its ICO. The project’s main attraction is MemeVault – a platform allowing investors to stake their favorite meme coins for huge rewards. MemeVault – The All-In-One Staking Platform...
Celestia Foundation secures $100M capital led by Bain Capital Crypto
23.9.2024
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million
Celestia Foundation secures $100M capital led by Bain Capital Crypto
23.9.2024
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million
Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts
23.9.2024
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin...
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
23.9.2024
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
23.9.2024
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns
Crypto Needs a Purple Mindset
23.9.2024
The politicization of crypto into red-blue corners is not helpful to the industry. It’s time to reject the us vs. them mentality, says Circle’s Josh Hawkins