Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in Botswana, to expand its operations and cater to the growing demand for stablecoin-based services. This latest milestone …
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History has shown that great technological shifts create vast wealth. Crypto, the next frontier, is no exception. Decentralized Wealth Will Surpass All Previous Tech Revolutions The first trillionaire will emerge from the crypto world. Like past tech booms created billionaires, crypto will generate wealth on an even larger scale. Blockchain and decentralized finance (defi) are …
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Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or Accomplice? FTX’s Gary Wang Avoids Prison Reuters further reports that U.S. District Judge Lewis Kaplan in Manhattan acknowledged Gary Wang’s …
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do.
According to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history.
A closely followed crypto strategist believes Bitcoin (BTC) may be repeating a historical pattern that could suddenly send it into the six-figure range. Analyst Ali Martinez tells his 84,100 followers on the social media platform X that Bitcoin may be gearing up for a massive breakout based on what happened in the two prior bull …
One of Galaxy Digital’s top executives says that the US government may be forced to look at Bitcoin (BTC) as a potential replacement for the US dollar in the future. In a new interview with Bloomberg Television, Galaxy Digital’s head of firmwide research Alex Thorn comments on the potential for the US to launch a …
November 20, 2024 – Tallinn, Estonia Following its global unveiling on the main stage of Binance’s Blockchain Week conference in Dubai, AI platform BitGPT is experiencing sizable growth across every vertical of the project – from active partnership conversations to the number of users currently testing its technology. BitGPT’s X and Telegram communities grew in …
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A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, …
Bitcoin mining operated with flare gas is an innovative solution that turns energy waste into a valuable resource. In many oil and gas fields, flare gas is burned off as a byproduct of production, contributing to environmental pollution. However, harnessing this wasted energy for Bitcoin mining offers an eco-friendly alternative that not only reduces emissions …
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Trump’s choice of leadership for the SEC and other agencies could reshape the U.S. crypto landscape over the next four years. U.S. President-elect Donald Trump will likely appoint policy leaders who are friendly to the crypto sector, The Washington Post reported on Nov. 11. Trump’s team is initially considering leaders for financial regulatory agencies, including …
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November 20, 2024 – Transylvania, Romania The memecoin platform that’s been making waves on the BNB Smart Chain is coming to Ethereum. Scaling from one popular EVM-compatible chain into the biggest EVM chain of them all is a logical step forward for GraFun and an exciting opportunity for Ethereum memecoin creators. GraFun – backed by …
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A handful of Democratic US Representatives are grilling Treasury Secretary Janet Yellen on the continued accessibility of Tornado Cash, an Ethereum (ETH)-based coin mixing system that helps users conceal their digital assets. The US sanctioned the controversial project in 2022 for national security purposes, but seven members of the House of Representatives wrote to Yellen last …
The Bank for International Settlements (BIS) has revealed that institutional players dominate liquidity provision on decentralized exchanges (DEXs) like Uniswap, according to a Nov. 19 report, In a recent report titled “Decentralized Dealers,” the BIS analyzed the behavior of sophisticated and retail participants in Uniswap v3’s liquidity pools. The study examined their responses to market activities …
Gary Wang, co-founder and former chief technology officer of crypto exchange FTX, was sentenced to time served with no additional jail time after providing extensive cooperation to U.S. prosecutors in one of the largest financial fraud cases in history, as reported by Inner City Press. Inner City Press shared live updates from the court via …
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