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Sui Foundation Denies $400 Million Token Sales Claims
17.10.2024
The Sui Foundation has denied allegations that its employees or insiders from Mysten Labs sold $400 million worth of SUI tokens. The foundation also rejected claims that insiders were involved in preemptive selling or violating token lockup agreements. Sui Insiders Dumping on Retail Investors...
US Sends Crypto Promoter to Prison for 20 Years in Multi-Million Dollar Ponzi Scheme
17.10.2024
A cryptocurrency promoter was sentenced to 20 years in prison for running a Ponzi scheme that defrauded thousands of investors, particularly in Spanish-speaking U.S. communities. The scheme, disguised as a crypto mining operation, promised guaranteed returns but left victims unable to withdraw...
Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
17.10.2024
Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH...
A Second 2011 Bitcoin Wallet Moves $10M This Week—Could the Transfers Be Linked?
17.10.2024
On Wednesday, as bitcoin soared to an intraday peak of $68,388 per coin, a wallet from 2011 suddenly sprang to life after lying dormant for over 13 years, spending 150 BTC, valued at $10.17 million. This latest awakening follows the movement of 100 BTC from a similar 2011 address just two days...
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
17.10.2024
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed...
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
17.10.2024
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets...
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
17.10.2024
Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims...
Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty
17.10.2024
Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing role, reflecting broader trends as central banks seek...
Jump Into a Spider Tank on the Gala Network
17.10.2024
In the latest episode of Regina’s Web3 Gaming Odyssey, she explored the fast-paced, blockchain-powered universe of Spider Tanks—a game that merges PvP combat with NFT-driven customization. Learn why Regina thinks this Ethereum-based game stands out. Last episode’s quick recap SOL Arena,...
Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA
17.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA...
Debridge Closes Exclusive Token Sale for Certain Participants
16.10.2024
Debridge kicked off its LFG Vault for DBR tokens, giving active members of its ecosystem and Jupiter’s community an exclusive opportunity to acquire tokens at a locked-in price. With a focus on fairness and stability, the launch introduced a new token sale model designed to curb gas wars and market...
Kraken Integrates In-House Ethereum Restaking via Eigenlayer
16.10.2024
Kraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether...
Paxos Launches New Stablecoin Payments Platform With Stripe as First Customer
16.10.2024
Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. This innovative solution powers Stripe’s Pay with Crypto product, enabling merchants to seamlessly accept stablecoin payments. By leveraging Paxos’...
From Bitcoin to Tether: How Trump’s Campaign Quietly Raked in Millions in Crypto
16.10.2024
Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5...
Elizabeth Warren’s Anti-Crypto Stance Takes Center Stage in Senate Debate With John Deaton
16.10.2024
In a heated debate for the Massachusetts Senate seat, Elizabeth Warren and John Deaton clashed on the future of cryptocurrency, focusing on bitcoin’s role in banking and its regulation. The conversation highlighted stark contrasts in their views on financial stability and consumer...
Redefining Boundaries: Pokras Lampas and 0xProcessing Merge Art and Technology at Blockchain Life 2024
16.10.2024
PRESS RELEASE. 0xProcessing, a prominent player in crypto payment solutions, is thrilled to announce its collaboration with world-renowned calligrapher Pokras Lampas. Pokras, who has worked with brands like NIKE, Ralph Lauren, Pirelli, Red Bull, and other well-known companies, has designed...
AI-Designed Meme Coin GOAT Sees Explosive Growth in Just 72 Hours
16.10.2024
Based on market data, goatseus maximus (GOAT), a meme coin generated by an artificial intelligence (AI) bot, has been steadily increasing in value since its introduction. Over the past 24 hours, it has appreciated by 132% against the U.S. dollar. From AI Bot to Major Crypto Exchanges: GOAT Climbs...
Nasdaq-Listed Bitcoin Miner MARA Secures $200 Million Line of Credit to Fuel Strategic Growth
16.10.2024
MARA, a large publicly traded bitcoin miner, has announced the successful acquisition of a $200 million line of credit, collateralized by a portion of its bitcoin holdings. This substantial funding will empower the company to pursue strategic growth opportunities and support various corporate...
Dydx Launches Trump Election Perpetual Trading Market
16.10.2024
The decentralized finance (defi) platform Dydx has introduced a new prediction market allowing traders to speculate on Donald Trump’s chances in the 2024 U.S. presidential election. The decentralized platform enables users to leverage positions in a perpetual trading market tied to election...
Is It Too Late to Buy SPX6900, Neiro Meme Coins? Expert Tips Crypto All-Stars as High-Potential Alternative
16.10.2024
SPX6900 (SPX) and First Neiro on Ethereum (NEIRO) are the latest to take the market by storm, with their prices shooting up over the past few weeks. But is the big rally already over? One expert thinks so – pointing to two low-key coins that could be the next to break out. Is SPX6900 Still...