Bitcoin has been on a quest to break into the elusive six-digit price range, almost reaching the coveted threshold of $100,000 but ultimately falling short. The cryptocurrency displayed commendable resilience this past week, reaching a peak of over $94,000 on a fleeting Tuesday. However, the fervor quickly dwindled as the bears emerged, pushing Bitcoin back
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In a significant move towards enhancing user experience, Binance, one of the leading cryptocurrency exchanges globally, has officially launched a communication channel on the widely-used messaging platform WhatsApp. This channel aims to deliver a steady stream of news, updates regarding events, product information, and educational material focused on blockchain and cryptocurrencies. By doing so, Binance
The cryptocurrency landscape is undergoing a profound transformation, particularly with the emergence of Solana as a notable player among blockchain ecosystems. The recent uptick in applications for a Solana-focused exchange-traded fund (ETF) has intensified interest and enthusiasm, not only within the cryptocurrency community but also among traditional investors. With four major financial entities—Bitwise, Canary Capital,
In a landmark decision, the US District Court for the Northern District of Texas has invalidated a controversial rule proposed by the Securities and Exchange Commission (SEC), deeming it as exceeding statutory authority. The ruling, delivered on November 21, stands as a crucial moment for the burgeoning digital asset sector, which has long wrestled with
The emergence of the cryptocurrency market, currently valued at around $3 trillion, has prompted calls for dedicated leadership to navigate its complex landscape. Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, affectionately dubbed “Crypto Dad,” has been positioned as the frontrunner for the newly proposed role of White House “crypto czar.” This initiative, reportedly
In November 2019, South Korea’s Upbit cryptocurrency exchange endured a monumental cybercrime, marking one of the largest heists in the digital currency space. Investigators have since linked the operation to North Korean hacking groups, specifically Lazarus and Andariel, known for their sophisticated and brazen cyber attacks. Understanding the intricacies of this heist not only illustrates
Gary Gensler’s upcoming departure as the Chairman of the U.S. Securities and Exchange Commission (SEC) marks a pivotal moment not only for the agency but also for the broader financial regulatory landscape as the nation braces for a new administration. Announced to coincide with President-elect Donald Trump’s inauguration on January 20, 2025, Gensler will conclude
The gaming landscape is evolving rapidly, especially with the advent of blockchain technology and the rise of metaverse experiences. Among the front-runners in this space is “My Neighbor Alice,” a blockchain-based metaverse game that has captivated players since its inception in early 2023. The game’s creators have ambitious plans to expand its reach and capabilities,
In recent years, the United Kingdom has witnessed a remarkable surge in interest and participation in digital assets. With approximately 6 million individuals and 32% of UK institutions venturing into this dynamic domain, the rationale for a regulated digital currency solution has become increasingly evident. Amidst this backdrop, Agant’s initiative to launch GBPA, a stablecoin
In a notable display of support within the cryptocurrency realm, Jesse Powell, the CEO and founder of the Kraken crypto exchange, has publicly backed Brian Brooks as a strong candidate for the role of Chair of the Securities and Exchange Commission (SEC). This endorsement, articulated through a recent post on social media platform X, underscores