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Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets

5.11.2024
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available...

Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research

5.11.2024
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token

Metaplanet Gains First Index Listing With Inclusion on CoinShares' BLOCK Index

5.11.2024
The company's stock is the best-performing Japanese equity this year, having gained nearly 840%, according to Investing.com

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

5.11.2024
Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens...

Bitcoin price outlook hinges on 2024 US election outcome — Analysts

5.11.2024
Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800

Bitget Launches Female-Centric Pitching Competition During DevCon 24′ With Access up to $100K Funding Opportunities

5.11.2024
PRESS RELEASE. Victoria, Seychelles, 4th November 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched “Pitch n Slay,” a special initiative under its Blockchain4Her program organized to provide exposure for female entrepreneurs in the blockchain space. Building...

Meet the pro-crypto contenders who could replace SEC chief Gary Gensler

5.11.2024
There are several new candidates who could potentially become the next chair of the SEC

Colorado Resident Loses $6,000 in Bitcoin to Phone Scammer

5.11.2024
A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The scammer also attempted to steal another $4,000 in bitcoin but was stopped by county deputies. The incident, which occurred Oct. 27, is the latest in a series of phone scams...

Dogecoin Rallies, Bitcoin ETFs Bleed Ahead of U.S. Elections

5.11.2024
BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets

Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

5.11.2024
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss the Securities and Exchange Commission (SEC) lawsuit against them

Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start

5.11.2024
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 how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away...

Bitcoin price needs 2 months to return 'above macro trend' — Forecast

5.11.2024
BTC price strength will be back with a vengeance early in 2025, analysis predicts, but the US Presidential Election will bug Bitcoin bulls until Inauguration Day

Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender

5.11.2024
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms....

Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show

5.11.2024
"It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week," one observer said, noting pricier puts on the CME

OpenAI in talks with regulators to become a for-profit company: Report

5.11.2024
The $157 billion artificial intelligence giant wants to keep its nonprofit arm to pursue its mission of benevolent AI development.

UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto

5.11.2024
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist...