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Fiat Currencies Will Be Irrelevant Within a Decade
18.9.2024
Following on from my April article titled “Democracy Fails Without Cryptocurrency,” I believe that we will see a complete collapse of traditional fiat currencies within the next ten years. These government-issued and controlled monies will be replaced by decentralized and permissionless currencies....
Circle Partners With Sony to Introduce USDC on Soneium
18.9.2024
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent...
Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences
18.9.2024
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting...
SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors
18.9.2024
The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first...
Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt
18.9.2024
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades...
BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy
17.9.2024
Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained...
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
17.9.2024
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half...
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising...
Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle
17.9.2024
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds...
Trump-Themed Meme Coins Spike Following Former President’s X Interview
17.9.2024
After former President Donald Trump and his family introduced World Liberty Financial (WLF) during an X Spaces interview, meme coins inspired by Trump have enjoyed a notable rise in value over the past 24 hours when compared to the U.S. dollar. Political Meme Coins Surge After Trump Slams Kamala...
SC Ventures invests in One Trading for EU crypto perpetual futures
17.9.2024
Standard Chartered's venture capital arm gets a toehold in Europe with its investment in the EU's only MiFID II-compliant crypto platform.
Ripple co-founder leads $10M raise for decentralized clearing
17.9.2024
Chris Larsen’s $10 million investment in Yellow Network aims to tackle liquidity fragmentation, scalability, and capital efficiency in crypto markets
Trump’s World Liberty Financial Crypto Venture Reveals WLFI Token Structure
17.9.2024
Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team, including the Trump family, and 63% for public sale....
More Analysts Predict Gold Prices Could Reach $3,000 by 2025
17.9.2024
The recent surge in gold prices to record highs has made analysts consider that the precious metal could register even higher levels during this and the next year. Some are even predicting that prices might reach the $3,000 mark, driven by even stronger central bank demand and incoming rate cuts....
Singapore’s DBS Bank to Launch OTC Crypto Options for Institutions
17.9.2024
Singapore’s DBS Bank is making a significant move into the crypto space by launching over-the-counter (OTC) crypto trading…
Bullish Signals for ZEC: Can it Break the $32 Barrier?
17.9.2024
In the past 24 hours, the ZEC has experienced a 0.76% increase. It is exchanging hands at $29.48…
Crypto Market Holds Steady After Trump Assassination Attempt
17.9.2024
The global crypto market cap is down by 0.28%, hovering around $2.03 trillion with an FGI of 34…
Hong Kong prepares AI guidelines for finance sector
17.9.2024
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week
USDT Reaches $1 Billion Authorized Issuance on TON
17.9.2024
Tether’s USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However, TON clarified that only $720.6 million was...
Pi Network KYC Deadline: Key Dates and Mainnet Rumors
17.9.2024
The Pi Network community is abuzz with speculation about the project’s future. The September 30th deadline for Know…