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US Senator Calls for Light Crypto Regulation That Doesn’t Kill Innovation and Drive Companies Offshore
9.12.2023
A U.S. senator says Congress needs to regulate the crypto industry “with a light touch that doesn’t kill innovation in the U.S.” Noting that crypto “has the potential to disrupt much of the traditional banking model,” he stressed that crypto regulation needs to...
Best Crypto to Buy Now December 8 – Cardano, BONK, Pyth Network
9.12.2023
ADA, BONK, and PYTH surge to new highs as investors seek the best crypto to buy now. Image by cryptonews.com. With a powerful surge so far today, the ADA price achieved a new year-to-date high, drawing the attention of analysts who endorse Cardano as one of the best cryptos to buy now. BONK...
Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
9.12.2023
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to continue to work with regulators “to...
StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee
9.12.2023
Source: Starknet The Starknet Foundation has unveiled plans to distribute 1.8 billion STRK token rewards and rebates to drive the adoption and growth of the Starknet blockchain. While specific distribution plan details are not provided, the Foundation intends to involve various committees...
Liz Warren Claims North Korea Funds Half Of Its Nuclear Weapons Program With Crypto – Is It True?
9.12.2023
Source: YouTube/Senator Elizabeth Warren Scathing crypto critic Elizabeth Warren (D-MA) is continuing to sound the alarm on Bitcoin’s role in terrorist financing – though industry figureheads think her claims may once again be exaggerated. In an interview with CNBC’s Squawk Box on Thursday,...
Thirdweb Begins Mitigation of Vulnerability Affecting Thousands of Smart Contracts
8.12.2023
Thirdweb, a Web3 development framework provider, has announced that it has started mitigating a vulnerability that could potentially affect thousands of smart contracts across several networks. The vulnerability, uncovered in November, impacts various pre-built smart contracts that the framework...
Nonco Raises over $10 Million in Seed Funding
8.12.2023
Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company. “The leading brokerage firm for digital assets” “Our aim is to become the leading brokerage firm for digital assets, and we intend to achieve this by establishing a...
Kazakhstan Financial Regulator Barred 980 Crypto Firms For Non-Registration
8.12.2023
Source: Iliya Mitskavets/Adobe The Financial Monitoring Agency (FMA) blocked 980 digital asset exchanges for offering trading services to users in Kazakhstan without the required regulatory nod. In a Dec 7 press release, the financial regulator revealed that it barred almost 1,000 crypto trading...
Venezuelan Attorney General Alleges Exxonmobil Financed Opposition to Essequibo’s Ballot With Cryptocurrency
8.12.2023
Tarek William Saab, the Venezuelan attorney general, stated that Exxonmobil, a U.S.-based oil and gas company, used intermediaries and cryptocurrency to finance actions against the ballot where Venezuelans were consulted about their position on the ongoing Essequibo claim. Fourteen arrest warrants...
Is It Too Late to Buy Optimism? OP Price Gains 25% as a Futuristic Meme Coin Attracts $2.7 Million
8.12.2023
Optimism’s OP price surged 26.80% as Kraken enabled Tether deposits on the network. Image by akif, Adobe Stock. The recent price surge of the native Optimism token OP may be driven by Kraken’s launch of Tether (USDT) deposits and withdrawals on the Optimism network. ???? $USDT...
Invest in Bitcoin, Get Residency: El Salvador’s Unique ‘Freedom VISA’
8.12.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has a new, “once in five hundred years” offer for international crypto whales: donate your BTC to the government, and you’ll earn long-term citizenship in Bitcoin country. As announced by Tether on Thursday, the “Adopting...
Exclusive: Crypto Gaming Platform Portal Taps Top Hollywood Agency WME
8.12.2023
Source: AdobeStock / AhmadSoleh Web3 gaming platform Portal has signed with the top Hollywood-based talent agency WME to enhance distribution in the gaming sector. Portal will be represented by WME across various entertainment sectors, the firm revealed exclusively to CryptoNews. WME manages...
“Magic: The Gathering” Cards Used in Possible Cashout by Uranium Finance Hacker
8.12.2023
Source: Pixabay A hacker who targeted the Uranium Finance DeFi platform in 2021 may have attempted to launder their stolen crypto gains by using “Magic: The Gathering” trading cards. Pseudonymous blockchain sleuth ZachXBT posted an X thread on Thursday which detailed a series of moves...
Political Movement The Other Party Reveals Plan for Blockchain-based Democracy in the UK
8.12.2023
Source: Pixabay The Other Party debuted in the UK today with a commitment to decentralize power and restore it to the public using blockchain technology. According to a statement published on its website, The Other Party aims to shake up conventional centralized political systems, fostering a more...
El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment
8.12.2023
El Salvador has unveiled a new citizenship investment program, the “Freedom Visa,” open to a limited number of applicants. By investing $1 million in bitcoin or tether, participants can secure Salvadoran citizenship. El Salvador’s Bold Bid: Citizenship for Crypto Millionaires...
Bitcoin Price Prediction as Minor Correction Occurs – Is a Rebound Imminent?
8.12.2023
Bitcoin (BTC), the dominant force in the cryptocurrency market, has impressively held its ground, with its price oscillating around the $43,500 level. This resilience is primarily fueled by a buoyant sentiment pervading the crypto market, drawing on a mix of anticipation and optimism. #Bitcoin ...
Crypto Whales Are Slowly Accumulating a Hidden AI Crypto Gem – Here’s What You Need to Know
8.12.2023
Crypto whales target the AI crypto Launchpad XYZ before it gains mainstream popularity. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency has minted a new class of ultra-wealthy investors who exert major influence over the volatile digital asset markets. Commonly known as “crypto whales,” these...
U.S. Congress Excludes Crypto Provisions in Final Defense Bill
8.12.2023
U.S. Congress released the National Defense Authorization Act for 2024 this week, but failed to include crypto provisions in the critical piece of legislation. A “must-pass” bill The National Defense Authorization Act for the Fiscal Year of 2024, or FY24 NDAA, missed the boat in regards...
NFT Trading Volume Surges 125%, Nears $1B in November: DappRadar Report
8.12.2023
Source: AdobeStock Digital collectibles or non-fungible tokens (NFTs) are currently experiencing a resurgence despite the ongoing bullish momentum in the broader crypto market. Capturing this shift, DappRadar’s November industry report revealed that the NFT ecosystem has sustained a positive...
US States Collaborate to Drive Blockchain and Cryptocurrency Adoption
8.12.2023
Source: AdobeStock While United States federal policymakers look to implement cryptocurrency and blockchain regulations, state-led organizations are taking initiatives to ensure that policy focused on cryptocurrency and blockchain adoption pass within the U.S. This is important to consider given...