In a recent statement to the media, Keisha Lance Bottoms, who is set to become Joe Biden’s senior campaign adviser, emphasized that crypto is not a partisan issue. She highlighted that crypto has garnered bipartisan support and has captured the attention of voters throughout the United States. Bottoms noted that crypto and blockchain technologies are
App
Illuvium Open Beta is on the horizon, set to be released on July 25, 2024, exclusively through the Epic Games Store for PC. This highly anticipated game has been in the works since 2020, bringing together elements from different gaming genres to create a truly unique and immersive experience. The team behind Illuvium has shown
Paradigm, a prominent firm in the blockchain ecosystem, recently raised concerns over the European Securities and Markets Authority’s (ESMA) proposed regulations under the Markets in Crypto Assets Regulation (MiCA). One of the key issues highlighted by Paradigm is the misinterpretation of Maximum Extractable Value (MEV) and the potential overreach of regulatory measures. ESMA categorized MEV
The US Securities and Exchange Commission (SEC) is currently in the final stages of discussions with eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, regarding the approval of spot Ethereum ETFs. This comes after these firms successfully launched spot Bitcoin ETFs in January, marking a significant milestone after years of regulatory struggles. The
Recent events have shed light on the decline in Bitcoin’s price, with major sell-offs taking place, primarily instigated by governments such as Germany and the US. The German government’s sale of 2,786 BTC, valued at $140 million, and the US government’s transfer of 3,940 BTC to the Coinbase exchange, worth $241.22 million, have significantly impacted
The village of Yamakoshi in Japan’s Niigata mountains has revolutionized its development and addressed the issue of an aging population through the innovative use of NFTs. The Neo-Yamakoshi Village project, launched in 2021, has garnered the interest of 1,700 “digital citizens” who have invested in Nishikigoi NFTs, generating over $423,000. This unique approach merges digital
The recent distributed denial of service (DDoS) attack on the Cardano network has sparked both concern and praise from investors. The attack, aimed at disrupting operations, was effectively mitigated by the network’s mechanisms and decentralized structure. According to industry expert Jaromir Tesar, the attack demonstrated Cardano’s ability to withstand and thwart malicious activities. Most services,
Bitwise’s Chief Investment Officer, Matt Hougan, recently provided insights on the potential inflows that US Spot Ethereum ETFs could attract. In a note to investors, he projected that these funds could see $15 billion in net inflows within their first 18 months of trading. Hougan based his projection on the market capitalizations of Bitcoin and
SEC Chair Gary Gensler recently spoke at the Bloomberg Investment Summit, expressing confidence in the approval process for spot Ethereum ETFs. While he did not provide a specific timeline for when this approval might happen, he did mention that the process is currently focused on asset managers. Gensler emphasized the importance of asset managers making
Bitcoin whales are discreetly accumulating BTC amidst a backdrop of fear, uncertainty, and doubt in the market. Recent analysis by IntoTheBlock has revealed a notable increase in net inflows to the largest wallets, signaling a shift in accumulation patterns. Holders with substantial control over the total Bitcoin supply have boosted their holdings by a significant