Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers industry growth. 18 States Sue SEC, Gensler, and All Commissioners Over Alleged Overreach in Cryptocurrency Regulation Eighteen U.S. states have sued the Securities and Exchange Commission (SEC), its Chair Gary …
Yearly archives: 2024
Vaneck’s Matthew Sigel Sets Bitcoin Target at $180,000
Matthew Sigel, head of digital assets research at Vaneck, projects a significant upward trajectory for bitcoin, setting a target price of $180,000. Bitcoin Could Reach $180,000 by Next Year, Says Vaneck’s Sigel Sigel’s outlook on bitcoin (BTC) remains bullish, fueled by what he identifies as indicators of a continued rally. Following recent price surges, he …
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Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments
Coinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet. Jesse Pollak, who is stepping up to lead both Coinbase Wallet and Base, highlighted the synergy between the two platforms, noting that Base supports developers creating onchain …
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Tether Introduces Hadron Platform for Asset Tokenization
Tether has introduced Hadron, a new platform aimed at expanding asset tokenization to a broader market. Tether Launches Hadron Platform Tether, known as a leading issuer of stablecoins, has launched Hadron, a platform designed to streamline the process of asset tokenization. According to the announcement shared with Bitcoin.com News, the platform aims to make it …
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World Lands in Brazil: Launching Biometric Operations in São Paulo
World, the biometric proof-of-humanness-based project, has finally landed in Brazil and is expected to start operating in the country this week. According to local media, World will initially commence operations in ten different locations in São Paulo, allowing users to register in the network. Orbs, the devices used to scan the irises of willing users, …
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Report: Polymarket Under DOJ Probe After Explosive Bets on Trump-Harris Election
A Bloomberg report suggests that the prediction market Polymarket has caught the eye of the U.S. Department of Justice (DOJ), potentially facing a probe. ‘In the Face of Adversity, We Build’: Polymarket Responds to Scrutiny From Federal Authorities After an FBI raid on Polymarket CEO Shayne Coplan’s residence, Bloomberg reports that the DOJ has initiated …
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Crypto spy jailed for life in China, YouTuber accused of $230M fraud: Asia Express
Chinese public servant jailed for for selling state secrets for crypto, and Korean YouTuber accused of fleecing $230M from 15,304 followers.
Trump picks ex-SEC chair Jay Clayton as US Attorney for Manhattan
Former SEC Chair Jay Clayton has been given a new role by President-elect Donald Trump, who will be inaugurated on Jan. 20.
Coinbase CEO Says Crypto at the Dawn of New Era, Offers ‘Big Reason’ Why People Are Flocking to Bitcoin
The CEO of the largest crypto exchange in the US thinks the digital asset industry is entering a new phase. In a new interview on CNBC, Brian Armstrong says that Donald Trump’s successful bid to return to the White House and the victory of pro-crypto legislators in the recent elections will be bullish for crypto. “It’s really …
Polygon Rival Primed To Explode by Over 200% in Weeks, According to Crypto Analyst Michaël van de Poppe
A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%. In a new strategy session, crypto trader Michaël van de Poppe tells his 736,000 followers on the social media platform X that Polygon (POL) rival …
Playnance Launches PlayBlock – The Future of Zero-Gas Blockchain for Trading, Gaming and Web 3.0 Adoption
November 14, 2024 – Ramat Gan, Israel Layer-three blockchain brings high-speed, stable, zero-gas transactions and a complete Web 3.0 ecosystem bridging Web 2.0 and Web 3.0. Playnance, a leader in Web 3.0 technology, announces the launch of PlayBlock, a cutting-edge layer-three blockchain that is transforming the landscape for trading, gaming and DeFi (decentralized finance). With …
Ancient Bitcoin Wallet Comes Alive After Lying Low for Over 13 Years, Moves $3,670,000 in BTC at 646,618% Profit
An ancient Bitcoin (BTC) wallet suddenly sprung to life this week after 13 years of dormancy, according to the crypto tracker Lookonchain. Lookonchain notes the unknown address received 426.3 BTC on July 29th, 2011, when the price of BTC was only $13.49, meaning the wallet’s entire trove was worth $5,753. On Tuesday, that same wallet …
Crypto YouTuber Among Those Arrested for Allegedly Running $231,000,000 Fraud in Korea: Report
South Korean authorities have reportedly arrested 215 individuals who are allegedly behind a cryptocurrency investment scam that defrauded thousands of victims. Yonhap News reports that the suspected perpetrators, including a YouTuber with 620,000 subscribers, received 325.6 billion won, or around $231 million, from 15,304 people who were enticed to invest their money in crypto for …
Trump nominates pro-Bitcoin lawmaker Matt Gaetz to serve as US attorney general
US President-elect Donald Trump is continuing to shape his administration with pro-crypto figures by nominating Bitcoin-friendly Congressman Matt Gaetz as Attorney General. On Nov. 13, Trump announced that he was picking Gaetz to focus on dismantling government weaponization, securing borders, curbing criminal organizations, and restoring public trust in the Justice Department. Gaetz’s nomination stirred mixed reactions …
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Pennsylvania introduces bill to use $7 billion state fund for Bitcoin Strategic Reserve purchases
Pennsylvania’s legislature has introduced landmark legislation for establishing a Bitcoin reserve, positioning the state at the forefront of digital asset policy in the United States. The bill, led by Representative Mike Cabell, enables the state to allocate a portion of its reserves exclusively to Bitcoin as a strategic hedge against inflation and an asset to …