Browsing yearly archive
The IMF wants El Salvador to limit “public sector exposure to Bitcoin” The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks from Bitcoin” The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law and limit the public’s exposure to Bitcoin. During a press […]
0G has transitioned into a Decentralized AI Operating System (dAIOS). Initially, OG was a leading modular AI blockchain. 0G aims to democratize AI as a public good, attracting interest across various sectors. On October 1, 2024, 0G announced a groundbreaking shift in its identity, evolving from a leading modular AI blockchain to the world’s first […]
CFTC’s subcommittee recommends using DLT-based collateral in trading. Approval could broaden access to digital assets for smaller market participants. Strong ETF inflows signal growing institutional interest in digital assets. In a significant development for the digital assets market, the US Commodity Futures Trading Commission (CFTC) is reportedly considering a proposal that would enable the use […]
As Ethereum continues to dominate the DeFi space new contenders like Solana, Cardano, and Rexas Finance are gaining traction with investors. Each of these projects is innovating in ways that could eventually challenge Ethereum’s position, each bringing unique benefits and developments to the table. Rexas Finance is focused on tokenizing real-world assets (RWA), fueling a […]
Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2.72% to $2.18 trillion. The global cryptocurrency market has witnessed a sharp decline following reports of Iran firing missiles into Israel. The heightened geopolitical tensions have sent shockwaves through financial […]
Crypto liquidations rose to over $200 million in 24 hours as Bitcoin (ETH) and Ethereum (ETH) dipped. Analysts are however bullish on BTC price as September looks poised to end on a green note. The crypto market saw over $200 million in crypto liquidations as Bitcoin slipped to near $64k amid fresh bear moves. According […]
Olumide Osunkoya pleaded guilty to FCA charges of illegal offer and use of cryptocurrency automated teller machines (ATMs). The 45-year old Osunkuya will be sentenced at a later date. Olumide Osunkoya has pleaded guilty to several charges involving the illegal operation of cryptocurrency automated teller machines in the UK. Osunkuya, 45, pleaded guilty when he […]
Velar Dharma integrates with Xverse to offer seamless Bitcoin L2 swaps in the wallet. Velar is now the exclusive Bitcoin L2 swap provider for Xverse’s users. The Partnership enhances Xverse users’ access to fast, secure, and competitive swaps. Velar Dharma, a Bitcoin layer 2 (L2) trading protocol, has integrated its services with Xverse, a leading […]
Sui (SUI) has surged 116.2% in three months. While Bitcoin Dogs (0DOG) has seen a considerable decline since its public listing, key metrics point to a possible trend reveal. Both tokens show growth potential, with SUI’s TVL exceeding $1 billion and rising interest. Cryptocurrency investors are continuously on the lookout for promising assets that offer […]
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase, push back against expanding regulatory scope. In recent statements, SEC Chairman Gary Gensler has firmly reiterated that Bitcoin is classified as a non-security under existing […]