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New U.S. House Speaker Mike Johnson Sparks Hope for Advancing Digital Asset Legislation
26.10.2023
U.S. Representative Mike Johnson has been elected by his fellow Republicans to serve as the 56th Speaker of the US House of Representatives after three weeks of turmoil and three failed candidates. In a decisive election on October 25, Representative Johnson secured the Speaker’s position...
California Enacts Digital Financial Assets Law
26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...
Crypto firms have already breached new UK promo rules 221 times, says FCA
26.10.2023
Many of the firms the FCA warned were breaching the new rules appear to be dubious high-yield return schemes, but legitimate firms have seen warnings too
Bitcoin Price Prediction as New Rally Leads to $200 Million in Short Liquidations – Will BTC Keep Rising?
26.10.2023
Bitcoin , often dubbed the ‘digital gold,’ is currently on a rollercoaster ride. Having recently climbed beyond the $34,000 threshold, BTC’s ascendancy led to the liquidation of over $220 million in short positions in a mere 24-hour span, a testament to its volatile nature. This...
L2 Scaling Solution Polygon Rolls Out POL Smart Contract on Ethereum Mainnet
26.10.2023
Polygon Labs, makers of the Polygon network, has announced the rollout of its much anticipated POL smart contract token on the Ethereum mainnet. The Polygon team shared this exciting development on X (formerly Twitter), explaining that the new token upgrade is intended to replace the age-old MATIC...
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
26.10.2023
Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC...
Bitmain Unveils New T21 Bitcoin Miner; Offers BTC Fluctuation Protection Plan
25.10.2023
On Wednesday, the bitcoin mining rig manufacturer Bitmain announced the introduction of a new air-cooled BTC miner, the T21 Antminer. The new device boasts a production capacity of up to 190 terahash per second (TH/s) and maintains an efficiency ratio of approximately 19 joules per terahash (J/T)....
Digital Currency Group’s Q3 Shareholder Letter: Surprise Over NYAG Lawsuit
25.10.2023
Crypto industry powerhouse Digital Currency Group (DCG) has provided a response to its latest fraud lawsuit from the New York Attorney General (NYAG) last week, alongside updated Q3 financial figures. The conglomerate raked in $188 million in the third quarter, compared to $153 million in Q3 2022....
US lawmakers discuss digital assets and the House gets a new Speaker
25.10.2023
With the election of Mike Johnson as speaker of the U.S. House of Representatives, Congress will once again be able to move forward on crypto bills
Metal Gear Solid 3 Gets Unreal Glow-Up In New Remake Trailer
25.10.2023
When the Metal Gear Solid 3 remake was revealed back in May, all we got were some shots of a swamp and Naked Snake coming out of the water. A new trailer that debuted today during the latest Xbox mini-showcase finally gives us a look at the game in action, if only briefly. And you know what?...
Grayscale Forms Strategic Alliance with FTSE Russell for Innovative Crypto Index Venture
25.10.2023
Grayscale Investments, a major US digital asset management firm, has joined forces with FTSE Russell, the index division of the London Stock Exchange-owner LSE Group. According to an announcement from the two companies, the partnership aims to introduce a new crypto index business under the name...
Europe May Utilize Blockchain to Fix Bureaucracy as Authorities Suggests Use of “Digital Technologies”
25.10.2023
The European Union (EU) plans to improve the administration processes in all member nations by deploying digital strategies, a new Commission paper reads. A new EU report has placed the digitization of processes at the top of overhauling age-long bureaucracies as it aims to achieve modern...
Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
Mortal Kombat 1's New Microtransactions Are Scarier Than Its Fatalities
25.10.2023
Mortal Kombat 1, NetherRealm’s newest entry in its three-decades-old fighting game series, continues its predecessors’ tradition of pulling gut-yanking, brain-pounding final moves, or Fatalities, to the delight of its gore connoisseur fans. But some of those fans are frustrated. MK1’s recent patch...
UK Financial Watchdog Flags “Common” Failures in Crypto Marketing
25.10.2023
The Financial Conduct Authority (FCA) has identified some recurring issues in the marketing of cryptoassets following the implementation of new regulations on October 8. In a Wednesday blog post, the FCA highlighted three primary problems, which include misleading claims regarding...
PYUSD Supply Skyrockets by 49%, Marking a Shift in Distribution as New Holders Emerge
25.10.2023
According to current metrics, Paypal’s stablecoin PYUSD has increased its supply by more than 49% since the end of September, rising from 94.39 million to 140.86 million. Moreover, the number of PYUSD holders has risen by 55% since September 30, 2023. Concentration, however, is still evident...
Could Doge Uprising Be The Next 10x Meme Coin?
25.10.2023
Doge Uprising is a new meme crypto project fighting against the ‘centralized authorities’ who abuse their power. The platform aims to redefine a typical meme coin’s utility by building a project that goes beyond just crypto to include a storyline, NFTs, staking, and community...
Is It Too Late to Buy Mina Protocol? MINA Price Rockets Up with $1 Billion Volume as New Telegram Casino Surpasses $1.5 Million
25.10.2023
As bullish movements sweep the market, Mina Protocol (MINA) has rocketed up to $1bn in volume, but with price entering retracement is it too late to buy Mina protocol?
The retracement appears to have been triggered by a recoil in trading volume following the $1bn mark, with 24-hour trading volume...
Is Bitcoin SV Going to Zero? BSV Price Falls as Bitcoin Takes Off and Viral New Project Secures $700,000 in Funding
25.10.2023
As the brief upsell in Bitcoin price action gives way to a typical alt season surge, Bitcoin SV (BSV) is entering retracement following a -4% drop - leaving some dejected bag-holders asking 'is Bitcoin SV going to zero'?
This comes following the emergence of a golden cross pattern on October...
Coinbase Challenges SEC's Broad Definition of Securities in New Court Filing
25.10.2023
Coinbase's submission of a "final petition" to the court in its ongoing legal battle with the US Securities and Exchange Commission (SEC) argues tokens don't necessarily represent the definition of an investment contract and that the SEC has overstepped its regulatory bounds....
Read More: Coinbase...