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Bitcoin has had a series of hyper-bullish developments that could potentially push its price above $1 million in the mid-term, according to crypto investment firm Mechanism Capital. Despite some poor market structure dynamics earlier this month, the leading catalyst for this potential explosion in value is Bitcoin’s adoption as a national treasury reserve asset. Rumors
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In a recent statement, Ethereum co-founder Vitalik Buterin cautioned against solely backing political candidates based on their pro-cryptocurrency views. While acknowledging the significance of support for the crypto industry, Buterin emphasized the importance of broader values such as individual freedoms and technological progress. By focusing solely on cryptocurrency advocacy, Buterin argued that the fundamental principles
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The Basel Committee on Banking Supervision has recently introduced a new disclosure framework for banks’ crypto exposures, with targeted amendments to its cryptoasset standards. These changes are set to be implemented by January 1, 2026, with the aim of tightening criteria for certain stablecoins to receive preferential regulatory treatment. This initiative, developed over the course
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Stardust, a leading web3 gaming infrastructure company, has recently introduced Starbase, a groundbreaking platform that combines consumer rewards and social gaming into one seamless experience. This innovative platform brings together player rewards and social gaming in a space filled with engaging missions and challenges, catering to both casual and hardcore gamers alike. A significant aspect
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The gaming industry is currently undergoing a significant transformation. With the rise of mobile applications and online platforms, players now have a plethora of choices beyond classic console games. The popularity of social messaging apps like Telegram has further opened up opportunities for innovative gaming experiences. Anomaly, based in San Francisco, California, is one of
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Recently, leading crypto exchange OKX made headlines with its announcement regarding the discontinuation of its services in Nigeria. This decision was primarily prompted by the recent regulatory changes in the country, which have created challenges for crypto exchanges operating within its borders. According to emails sent to OKX’s Nigerian users, customers have until August 30
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Recently, Hong Kong’s financial regulators wrapped up a consultation period regarding a licensing program initiative for fiat-referenced stablecoin (FRS) providers. The consultation, which came to a close in February, garnered 108 submissions from a variety of stakeholders, ranging from market participants to industry associations and professional organizations. The joint statement made on July 17 by
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Cryptocurrency giants like Coinbase, Ripple, and Andreessen Horowitz (a16z) have taken a significant step by sending representatives to the Republican National Convention (RNC) and the upcoming Democratic National Convention (DNC). This move showcases their commitment to engaging with lawmakers from both political parties to advocate for policies that are favorable to the crypto industry. The
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